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Business News

Thursday, Aug 31, 2017 at 12:12 PM EDT

Trump Policies on Immigrants, Tariff Could Hurt Harvey Help

Trump Policies on Immigrants, Tariff Could Hurt Harvey Help

During President Donald Trump's visit to hurricane ravaged Corpus Christie in Texas he pledged to provide immediate recovery assistance, "We are going to get you back and operating immediately," but economists...

Thursday, Aug 31, 2017 at 03:26 PM EDT

Wells Fargo Says 3.5 Million Accounts Involved in Scandal

Wells Fargo Says 3.5 Million Accounts Involved in Scandal

The scope of Wells Fargo's fake accounts scandal grew significantly on Thursday, with the bank now saying that 3.5 million accounts were potentially opened without customers' permission between 2009 and 2016....

Thursday, Aug 31, 2017 at 10:42 AM EDT

US Unemployment Claims Rise Slightly, Remain Low

US Unemployment Claims Rise Slightly, Remain Low

More Americans applied for unemployment benefits last week, but the numbers remained low and consistent with a healthy job market. The Labor Department says 236,000 people filed claims for jobless aid, up from...

Thursday, Aug 31, 2017 at 12:52 AM EDT

Harvey Knocks Out More Refineries, Shifting Global Oil Flows

Harvey Knocks Out More Refineries, Shifting Global Oil Flows

Hurricane Harvey is sending pump prices higher for U.S. motorists and causing temporary shifts in the flow of oil and gasoline around the world after taking down a huge chunk of U.S. refining capacity. It will...

Wednesday, Aug 30, 2017 at 02:05 PM EDT

Man Sues United Airlines Alleging Harassment Over His Name

Man Sues United Airlines Alleging Harassment Over His Name

A Wisconsin man has filed a federal lawsuit against United Airlines alleging he was harassed by a reservation agent over his name.

Monday, Aug 28, 2017 at 01:50 PM EDT

It's a Done Deal: Amazon Takes Over Whole Foods

It's a Done Deal: Amazon Takes Over Whole Foods

A half-gallon of milk was 50 cents cheaper at a Whole Foods in New York. Ground beef was down by $2 a pound. And an organic avocado cost a buck less. Amazon kicked off its first day as the owner of Whole Foods...

Monday, Aug 28, 2017 at 02:54 AM EDT

Uber Selects Expedia CEO to be Its New Chief: Sources

Uber Selects Expedia CEO to be Its New Chief: Sources

Expedia CEO Dara Khosrowshahi has been named Uber's top executive, taking the difficult job of mending the dysfunctional ride-hailing giant and turning it from money-losing behemoth to a profitable company. Ub...

Thursday, Aug 24, 2017 at 04:14 PM EDT

Amazon to Lower Some Prices at Whole Foods

Amazon to Lower Some Prices at Whole Foods

Amazon announced Thursday that its $13.7 billion acquisition of Whole Foods will close on Monday, CNBC reported. As the two companies work to integrate their business, all customers will immediately see "lower...

Thursday, Aug 24, 2017 at 06:46 PM EDT

Sears to Close Another 28 Kmart Stores Nationwide

Sears to Close Another 28 Kmart Stores Nationwide

Sears continued to struggle in its second quarter with declining sales amid heightened competition from the likes of Walmart to Amazon. It now says it will close even more stores. The Hoffman Estates, Illinois...

Thursday, Aug 24, 2017 at 06:51 AM EDT

AAA Study: True Cost of Car Ownership in 2017

AAA Study: True Cost of Car Ownership in 2017

The costs of owning and operating a brand-new car in the United States can cost on average $8,469 annually, or $706 a month, according to a new study from the American Automobile Association. AAA's Your Driving...

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