Business News

Brick-And-Mortar Stores Are Still Vital — To The…

"We do fifty events around the world to connect with our fans. I think that's what makes us very unique from different companies that do our space."

Iranian tanker sought by US heads to unknown…

An Iranian supertanker hauling $130 million worth of light crude oil that the U.S. suspects to be tied to a sanctioned organization has lifted its anchor and begun moving away from Gibraltar, marine traffic monitoring data showed late Sunday

Demolition levels UK power plant once named a top…

A British power station once voted one of the country's ugliest sights has been mostly destroyed in a controlled demolition

Stock market gyrates as the economic picture gets…

Stocks gyrate in August as investors try to figure out if a recession is in the cards

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Yemen rebel drone attack targets remote Saudi oil…

Drones launched by Yemen's Houthi rebels attacked a massive oil and gas field deep inside of Saudi Arabia's sprawling desert, causing what the kingdom described as a 'limited fire'

Signs of recession worry Trump ahead of 2020

President Donald Trump has been warning of an economic crash if he loses reelection, but recession may be coming before that.

Beer named for Pacific island nuke test site…

Texas-based company faces criticism after naming beer after site of U.S. nuclear tests that caused Marshall Islands contamination

Leader of largest US organic food fraud gets 10-year term

A judge has sentenced the mastermind of the largest organic food fraud scheme in U.S. history to 10 years in prison, saying he cheated thousands of customers into buying products they didn't want.

Jury to decide PG&E's role in California wine country fire

A jury will get to decide whether Pacific Gas and Electric equipment ignited a wildfire in California wine country nearly two years ago

Java still a no-no for Mormons despite fancy…

The Church of Jesus Christ of Latter-day Saints has issued a warning to members that coffee is prohibited no matter how fancy the name and that vaping is banned despite the alluring flavors

Customs and Border Protection outage snarls major…

Travelers entering the U.S. at major airports were slowed by a computer outage affecting Customs and Border Protection stations

Google employees call for pledge not to work with…

Hundreds of Google employees are calling on the company to pledge it won't work with U.S. Customs and Border Protection or ICE _ the latest in a year full of political and social pushback from the tech giant's workforce

California's 113-month job growth ties record set…

California's unemployment rate has again fallen to an historic low of 4.1% as the world's fifth-largest economy continues to add jobs following the Great Recession

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Business Highlights

Eataly severs ties with Mario Batali amid…

Celebrity chef Mario Batali, whose career crumbled amid sexual misconduct allegations, no longer owns a stake in Eataly

Colorado OKs electric car requirement to fight…

Colorado is tightening its air quality regulations, requiring 5% of vehicles sold in the state by 2023 emit zero pollution

Amazon: Facial recognition program for cops detects emotion

Amazon has announced that its facial recognition program used by one Washington state police agency can now detect emotion, generating concerns from privacy advocates

How major US stock indexes fared Friday

Stocks marched broadly higher Friday as Wall Street capped a turbulent week on an upbeat note, though the market still posted its third straight weekly loss

Trump appoints student loan industry exec to…

The Trump administration appoints longtime student loan industry executive to be the government's top watchdog for the $1.5 trillion student loan market

AP sources: Alibaba exec to buy Nets, arena for…

People with knowledge of deal to AP: Alibaba exec to buy rest of Nets, Barclays for $3.4 billion

Markets Right Now: Stocks end turbulent week broadly higher

Stocks ended a wild week with solid gains, but not enough to prevent major indexes from logging their third weekly losses in a row.

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US tells Congress of plans to sell F-16 fighters…

The Trump administration has informed Congress it plans to sell F-16 fighters worth $8 billion to Taiwan in a move that will inflame already high tensions with China

US home building fell 4% in July, slowing housing…

US housing starts fell 4% in July, driven by decline in apartment building construction

Merkel to meet UK prime minister soon to discuss…

German Chancellor Angela Merkel could meet British Prime Minister Boris Johnson soon to discuss Brexit, her spokesman said Friday