Business
Last fall, Wells Fargo was fined $185 million after regulators found the bank guilty of opening as many as 2 million retail bank accounts...
Hi, what are you looking for?
Last fall, Wells Fargo was fined $185 million after regulators found the bank guilty of opening as many as 2 million retail bank accounts...
A quarterly report on household debt and credit by the Federal Reserve Bank of New York revealed that student loan debt now totals over...
Los Vegas Sands Corps CEO and Chairman Sheldon Adelson announce on Friday that a casino resort project in Japan could cost up to $10...
Alibaba Group Holding has teamed up with Shanghai Bailian Group in executive chairman Jack Ma’s latest step toward shaking up old-fashioned retail with technology....
According to a new report, congestion caused by cheap gas and a surging economy has cost U.S. motorists almost $300 billion last year. Out...
Ivanka Trump’s perfume jumped to the top Amazon’s bestseller list in the “Perfumes & Fragrances” category last week, weeks after Nordstrom announced it was dropping...
Ford confirmed last week that two manufacturing plants in Mexico will see expansion, despite President Trump’s insistence on keeping manufacturing jobs in the U.S. Mark...
Stockholm-based startup Soundtrack Your Brand has raised $22 million in funding for global expansion and tech build-up. The company, started by an ex-Spotify executive...
Fannie Mae announced on Friday that it will pay the U.S Treasury $5.5 billion in dividends next month due to its double in profits...
Verizon is close to a renegotiated deal to buy Yahoo! Inc.’s internet properties for $250 million to $350 million less than the original agreed-upon price...
Documents filed with the Securities and Exchange Committee on Thursday indicate Snap Inc, Snapchat’s parent company, is looking to price its initial public offering...
Warren Buffett’s conglomerate holding company Berkshire Hathaway bought stock aggressively in last year’s fourth quarter, almost quadrupling its stake in Apple and increasing its...
U.S. Treasury yields climbed on Wednesday as the economic outlook strengthen and commentary by Federal reserve officials increased expectations of a hike in interest rates...
Seattle Genetics and Immunomedics signed a development and licensing agreement on Friday that required Seattle Genetics to pay Immunomedics $250 million up front for...
Rumors of Amazon’s plan to begin selling its own brand of $10 bras was initially seen as a play against Victoria’s secret. However, a...
Verizon introduced an unlimited data plan for the first time since 2011. The nation’s largest wireless provider announced the move away from monthly data...
While big business, for the most part, has welcomed President Trump’s promised tax cuts and lax regulations, Amazon withholds its enthusiasm. The recent stock market...
The German central bank completed the transfer of $13 billion in gold reserves on Thursday. Germany’s gold had remained in New York for decades,...
Online retail giant Amazon disclosed in a filing Thursday that it “processed and delivered” a number of consumer products to unidentified individuals and groups linked...
In an attempt to boost subscribers, New York Times Co. is working with Spotify Ltd. to give new digital subscribers to the paper complimentary...
Expedia CEO Dara Khosrowshahi ended a conference call about the company’s fourth quarter earnings with an ominous message. “Just a big thank you to...
A post early Thursday morning on Medium from a Tesla employee alleges that he and his coworkers have endured poor working conditions. The employee,...
TV manufacturer Vizio settled a $2.2 million lawsuit with the Federal Trade Commission. In the suit, the FTC alleged that Vizio secretly collected viewing...
Yelp’s fourth quarter results on Thursday revealed a solid pattern of growth, although a review and rating site’s light guidance caused shares to drop....
Toyota Motor Corp and Suzuki Motor Corp announced on Monday their plan to trade parts supply and R&D expertise. This agreement will help further...
Amazon has been scouting London for prime central locations that could be used as Amazon Go convenience stores, according to the Sunday Times. The...
Over the last few years, the price of an emergency medication commonly referred to as an “antidote” for opioid overdoses has skyrocketed. The device,...
Newly released documents show that President Donald Trump still has a direct connection to his business interests through a revocable trust. The trust is...
Amazon’s fourth-quarter earnings on Thursday beat analyst expectations, but its revenue fell short of estimates. Holiday season sales did not bring in expected revenue,...
The Chinese tourism industry saw a revenue increase of 15.9% to 423.3 billion yuan ($61.55 billion) during the recent Lunar New Year festival, according...
A proposal from House Republicans that would levy a tax on imported goods has businesses lobbying furiously to shape it. The objective, better known...
A jury in Dallas, Texas ruled in favor of ZeniMax media, awarding the media company $500 million in damages. The jury found Palmer Luckey,...
At least five Tesla customers who paid deposits on Models 3s told Buzzfeed on Monday that they have canceled their orders over CEO Elon...
Moon Express announced on Tuesday that it had raised another $20 million in private equity financing to fund its first lunar mission. The Silicon...
Wal-Mart is terminating its fee-based, two-day ShippingPass program designed to compete with Amazon’s Prime service. In its place, Wal-Mart is lowering its threshold spending...
After months of speculation, Sheldon Adelson confirmed he was backing out of the Raiders’ stadium deal in Los Vegas, Nevada. The casino billionaire announced...
President Trump’s executive order to curb immigration into the U.S. spread concern on the impact the administration could have on global trade and the...
The Organization of Petroleum Exporting Countries’ reduction of crude output has made money managers optimistic about West Texas Intermediate oil prices for the first time...
The White House released a list on Friday of 28 heads of industry and business leaders who will advise President Trump on manufacturing jobs....
Fourth quarter financials revealed that chipmaking giant Intel performed better than expected. The revenue report revealed an increase of 10% to $16.4 billion. Earnings...
Data from the Commerce Department on Friday showed that bookings for non-military equipment increased .08% from 1.5% in November. Orders for all durable goods fell...
In closing statements on Wednesday, the legal team representing ZeniMax pushed for $2 billion in compensation and added another $2 billion in punitive damage....
Alphabet, unlike many of is tech conglomerate peers, remains consistent in earnings. Fourth quarter results announced on Thursday that Google’s parent company beat analyst...
San Francisco federal judge Thelton Henderson has ordered Pacific Gas and Electric Co. to run television and newspaper advertisements announcing that the company is...
The Long Island Power Authority approved the country’s biggest offshore wind farm on Wednesday in order to meet the growing demand in the Hamptons...
Oprah Winfrey is starting a joint venture with Kraft Heinz with the goal of making nutritious food accessible to everyone. The venture, called Mealtime Stories LLC,...
Canadian-based company D-Wave Systems is now selling a 10-foot tall quantum computer valued at $15 million. The computer, called the D-Wave 2000Q, runs on...
Malaysian-based AirAsia X announced on Tuesday that the Federal Aviation Administration had granted it certification to fly into the U.S. The Asian low-cost carrier is...
On Tuesday, Goldman Sachs issued a $1 billion counter suit against Indonesian business man Benny Tjokrosaputro. Tjokrosaputro, director of PT Hanson International Tbk, an...
Three years after the Metro-North train derailment in Brooklyn, The Metropolitan Transportation Authority announced on Monday its intent to test employees for sleep apnea....
Amit Singhal announced on Friday that he planned to join Uber as senior vice president for engineering. Previously, Singhal worked at Google for 15...
General Electric continues its descent into the fourth quarter as oil patch difficulties impacted sales and lowered shares in the company down to their...
On Tuesday, the Federal Trade Commission filed a lawsuit against Qualcomm for anti-trust violations. Three days later, Apple also filed a lawsuit against the mobile...
The state of California saw 3,700 new jobs created in December, bringing the unemployment rate down .1 percent from November and .7 percent from...
In a statement released on Thursday, U.S Justice Department said that Costco will pay $11.75 million in a deal to resolve claims against the company’s...
The Federal Trade Commission brought charges to Uber on behalf of the drivers who claimed to have been misled about how much money they...
Faraday Future revealed its FF91 model at the 2017 Consumer Electronics Show, the company’s first production electric car. Its 130-kilowatt-hour lithium-ion battery pack gives...
In separate lawsuits filed on this past Wednesday, the Obama administration accused JPMorgan Chase & Co. of several discriminatory practices. JPMorgan, regarded as the country’s...
Stock for Constellation Brands, the U.S. distributor of Mexican-made beers like Corona, Modelo, and Pacifico, has dropped since Trump’s election. One day after the...
Facebook CEO Mark Zuckerberg announced his plan to invest over $3 billion in virtual reality over the next decade while testifying in the $2...
In a news release on Monday, Rolls-Royce said it has agreed to settle its bribery and corruption cases with U.S., U.K., and Brazilian authorities...
This upcoming summer, the U.S. Department of Agriculture will test a pilot program that will allow online grocery stores to accept food stamps. These...
Exxon Mobil Corp has been ordered to give the Massachusetts attorney general decades word of documents that reveal its views on climate change. This...
The Business and Sustainable Development Commission released a report on Monday that showed a few key development goals could potentially make companies $12 trillion in...
Drugstore chain CVS has introduced a generic version of epinephrine in a syringe, rivaling that of Mylan’s EpiPen. Pharmaceutical giant Mylan faced an onslaught of...
According to a report by Oxfam, the world’s eight richest people have as much wealth as the poorest half of the world–roughly comprised of 3.6...
Studies are showing that millennials are earning 20 percent less than baby boomers at the same stage of life, despite being an overall better-educated...
This week Amazon disclosed in government filings that it is preparing to test experimental technology in public spaces. This wireless communication technology extends to...
Microsoft announced on a blog post from Friday morning that it has acquired Maluuba, a start-up based out of Toronto that focuses on using...
Artem Fishman, former Yahoo Vice President of Engineering has been hired as Chief Technology Officer and Senior Vice President of the music streaming service...
United Airlines is speeding up the retirement of its jumbo Boeing 747 jets. The 747s are set to be phased out by the end...
Apple topped Greenpeace’s clean energy report for the third year in a row, while companies like Netflix, Amazon Web Services, and Samsung were much...
For the first time in over a decade, Mercedes-Benz surpassed BMW in sales last year. This feat comes after Daimler, Mercedes’ parent company, switched...
The chief economic planner of China pledged on Tuesday to continue cutting back on the production of steel and coal. This decision comes after...
Amazon’s cloud services group recently, and discreetly, acquired AI security firm harvest.ai in their ongoing campaign of acquiring start-ups. A tipster told TechCrunch that...
President Obama’s administration is making a slew of decisions before their time dwindles short, including the cut back on mortgage-insurance premiums. These premiums originated...
Theranos is continuing its descent into the new year as it makes plans to lay off 40 percent of its workforce and struggles to overcome...
AT&T faces opposition to its merger with Time Warner from multiple sides—including the executive branch of government. The telecommunications company has also encountered suspicions...
New Year’s resolutions came early to China as a December meeting of the nation’s top leaders produced a new initiative for the country’s stability....
In a move of unexpected information sharing, Uber is making its traffic data accessible on its new website, Movement. This site sprang from the...