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Business News

Friday, Sep 7, 2018 at 07:20 PM CDT

As Google Turns 20, Questions Over Whether It's Too Powerful

As Google Turns 20, Questions Over Whether It's Too Powerful

Twenty years after Larry Page and Sergey Brin set out to organize all of the internet's information, the search engine they named Google has morphed into a dominating force in smartphones, online video,...

Friday, Sep 7, 2018 at 05:42 PM CDT

John Lennon Honored With USPS Music Icons Stamp

John Lennon Honored With USPS Music Icons Stamp

The U.S. Postal Service is honoring the Beatles' John Lennon with his own Music Icons stamp.

Friday, Sep 7, 2018 at 04:07 PM CDT

Tesla Stock Tanks as Execs Resign, Musk Smokes Weed on Video

Tesla Stock Tanks as Execs Resign, Musk Smokes Weed on Video

Shares of Tesla plunged as much as 9 percent Friday after news of a pair of C-suite executive resignations and a bizarre video showing CEO Elon Musk smoking pot on a podcast, capping a tumultuous month since...

Friday, Sep 7, 2018 at 09:38 AM CDT

Hackers Steal Credit Card Info of British Airways Travelers

Hackers Steal Credit Card Info of British Airways Travelers

Hackers obtained the credit card details of some 380,000 British Airways travelers during a two-week data breach this summer that leaves the customers vulnerable to financial fraud, the airline says. BA's CEO...

Friday, Sep 7, 2018 at 07:46 AM CDT

Major Hotels Giving Panic Buttons to Staff Nationwide

Major Hotels Giving Panic Buttons to Staff Nationwide

Tens of thousands of employees at more than 18,000 U.S. hotels will soon carry panic buttons to help protect them from harassment and assault in an era of heightened awareness around the #MeToo movement. More...

Friday, Sep 7, 2018 at 09:07 AM CDT

Economy Added 201K Jobs in August, Unemployment Steady

Economy Added 201K Jobs in August, Unemployment Steady

Hiring in the United States picked up in August as employers added a strong 201,000 jobs, a sign of confidence that consumers and businesses will keep spending despite the Trump administration's ongoing...

Thursday, Sep 6, 2018 at 10:29 AM CDT

CBS Board in Negotiations for CEO Moonves Exit: Sources

CBS Board in Negotiations for CEO Moonves Exit: Sources

The CBS board is deep in settlement talks with CEO Les Moonves that would result in his departure and the appointment of COO Joe Ianniello as his interim replacement, people close to the negotiations told CNBC....

Thursday, Sep 6, 2018 at 08:00 AM CDT

US Productivity Grew at Strong 2.9 Percent Rate in Q2

US Productivity Grew at Strong 2.9 Percent Rate in Q2

The Labor Department on Thursday affirmed last month's report that U.S. productivity increased at an annual rate of 2.9 percent in the second quarter. The government reported few revisions to the productivity...

Thursday, Sep 6, 2018 at 05:17 AM CDT

Hospital Groups Launch Own Company to Make Generic Drugs

Hospital Groups Launch Own Company to Make Generic Drugs

Several major hospital groups Thursday launched their own generic drug company to tackle chronic shortages and high prices. The new company, Civica Rx, plans to start with 14 widely used hospital drugs long in...

Thursday, Sep 6, 2018 at 05:18 AM CDT

Trump Poised to Tax an Additional $200B in Chinese Imports

Trump Poised to Tax an Additional $200B in Chinese Imports

The Trump administration may be about to slap tariffs of up to 25 percent on an additional $200 billion in Chinese goods, escalating a confrontation between the world's two biggest economies and likely squeezing...

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