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Business News

Thursday, Dec 21, 2017 at 05:59 PM CST

Judge Tosses Lawsuit Against Trump Over Business Ties

Judge Tosses Lawsuit Against Trump Over Business Ties

Restaurant workers, a hotel event booker and a watchdog group who say President Donald Trump has business conflicts that violate the Constitution cannot sue him, a New York judge ruled Thursday. U.S. District...

Thursday, Dec 21, 2017 at 04:57 PM CST

Former Google CEO Schmidt to Step Down From Role at Alphabet

Former Google CEO Schmidt to Step Down From Role at Alphabet

Eric Schmidt says he’ll be stepping down as the executive chairman of Alphabet's board of directors and transitioning to a technical advisor, the company announced Thursday. He will continue to serve on the...

Thursday, Dec 21, 2017 at 04:02 PM CST

Papa John's Founder Out as CEO Weeks After NFL Comments

Papa John's Founder Out as CEO Weeks After NFL Comments

Papa John's says its founder John Schnatter will step down as CEO next month, about two months after he publicly criticized the NFL leadership over national anthem protests by football players.

Thursday, Dec 21, 2017 at 03:19 PM CST

Long Island Iced Tea Company Renamed 'Long Blockchain'

Long Island Iced Tea Company Renamed 'Long Blockchain'

Long Island Iced Tea Corp. is changing its name to Long Blockchain Corp., as it wants to focus more on blockchain technology. Blockchain is a ledger sheet where cryptocurrency transactions are recorded. The...

Thursday, Dec 21, 2017 at 02:14 PM CST

FCC Proposes $13.4M Fine for TV-Station Owner Sinclair

FCC Proposes $13.4M Fine for TV-Station Owner Sinclair

The Federal Communications Commission has proposed a $13.4 million fine on TV-station owner Sinclair for not identifying paid programming as advertising. Sinclair Broadcast Group Inc. is one of the country's...

Thursday, Dec 21, 2017 at 11:46 AM CST

Accountants Are Suddenly Very Popular, If a Little Confused

Accountants Are Suddenly Very Popular, If a Little Confused

Don't feel bad if you don't understand how the new tax bill will affect you. Chances are, your accountant doesn't yet either. From New York to Kentucky to Florida, accountants and tax lawyers are scanning...

Wednesday, Dec 20, 2017 at 05:28 PM CST

Dallas-Based AT&T To Pass Tax Cut Savings to Workers

Dallas-Based AT&T To Pass Tax Cut Savings to Workers

At least three major companies are building goodwill in the wake of President Donald Trump's tax cuts by finding ways to pass along some of their likely savings to employees.

Wednesday, Dec 20, 2017 at 06:16 PM CST

Major US Companies Say Workers Will See Some of Tax Windfall

Major US Companies Say Workers Will See Some of Tax Windfall

Hours after landing a massive tax windfall, AT&T, Comcast, Wells Fargo and Boeing — among other major companies — announced plans Wednesday to share a fraction of their bounty with workers. The moves pleased...

Monday, Dec 18, 2017 at 08:14 PM CST

Twitter Suspends White Nationalists Under New Rules

Twitter Suspends White Nationalists Under New Rules

Twitter suspended the accounts of well-known white nationalists Monday, moving swiftly to enforce its new rules aimed at reducing what it deems abusive content. The account of far-right group Britain First,...

Monday, Dec 18, 2017 at 08:50 AM CST

Hershey Buying Snack Maker Amplify in $1.2 Billion Deal

Hershey Buying Snack Maker Amplify in $1.2 Billion Deal

Chocolate and candy maker The Hershey Co. is acquiring Amplify Snack Brands for $1.2 billion as it ventures into the healthy snack aisle.

 
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