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Business News

Friday, Dec 8, 2017 at 11:08 AM CST

US Adds 228K Jobs, Underscoring Economy's Growing Momentum

US Adds 228K Jobs, Underscoring Economy's Growing Momentum

U.S. employers added a robust 228,000 jobs in November, a sign of the job market's enduring strength in its ninth year of economic recovery. The unemployment rate remained at a 17-year low of 4.1 percent,...

Friday, Dec 8, 2017 at 07:08 AM CST

Demand for Pilots Soaring, Airlines Hiring Record Numbers

Demand for Pilots Soaring, Airlines Hiring Record Numbers

The demand for pilots is sky high, and industry experts say that's not likely to change anytime soon.

Thursday, Dec 7, 2017 at 04:22 PM CST

D/FW Airport CEO Gets $171,285 Bonus

D/FW Airport CEO Gets $171,285 Bonus

DFW Airport’s top executive Sean Donohue was awarded a $171,285 bonus on Thursday after a committee determined he had exceeded goals set for 2017.

Thursday, Dec 7, 2017 at 12:52 PM CST

Years After Lehman, Final Rules Set on Strengthening Banks

Years After Lehman, Final Rules Set on Strengthening Banks

A global forum of banking regulators has finished its years-long work on rules that aim to keep weak banks from needing taxpayer bailouts and setting off financial crises like the one that led to the Great...

Thursday, Dec 7, 2017 at 09:09 AM CST

Walmart Dropping Hyphen From Its Legal Name in Shift to Web

Walmart Dropping Hyphen From Its Legal Name in Shift to Web

Wal-Mart Stores Inc. is changing its legal name effective Feb. 1 as it shifts away from physical stores in the age of Amazon's increasing dominance. The world's largest retailer, based in Bentonville, Arkansas,...

Thursday, Dec 7, 2017 at 10:24 AM CST

GE Cutting 12K Jobs in Power Division, Mainly Out of US

GE Cutting 12K Jobs in Power Division, Mainly Out of US

General Electric Co. will cut 12,000 jobs in its power division as alternative energy supplants demand for coal and other fossil fuels. The company said Thursday that the cuts to both office and production...

Wednesday, Dec 6, 2017 at 07:49 PM CST

Patagonia Joins Groups Suing Over Trump's Monuments Order

Patagonia Joins Groups Suing Over Trump's Monuments Order

A flurry of lawsuits challenging President Donald Trump's decision to chop up two large national monuments in Utah could finally bring an answer to the much-debated question of whether presidents have the legal...

Tuesday, Dec 5, 2017 at 06:58 AM CST

Toys 'R' Us Cancels Orders After Promo Code Glitch

Toys 'R' Us Cancels Orders After Promo Code Glitch

North Texas consumers voiced concerns after their Toys 'R' Us orders were canceled because a promo code was "too good to be true."

Monday, Dec 4, 2017 at 03:51 PM CST

Scheduling Error Could Cost AA $10 Million: JPMorgan

Scheduling Error Could Cost AA $10 Million: JPMorgan

A prominent airline analyst says American Airlines will pay about $10 million to fix the pilot-scheduling mix-up that left thousands of unstaffed flights around Christmas.

Monday, Dec 4, 2017 at 03:25 PM CST

Facebook's Sandberg Warns of Backlash Against Women

Facebook's Sandberg Warns of Backlash Against Women

Sheryl Sandberg warned of a potential backlash against women and urged companies to put into place clear policies on how allegations of sexual harassment are handled. In a lengthy Facebook post over the...

 

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