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Business News

Wednesday, Aug 23, 2017 at 06:46 PM EDT

Whole Foods Shareholders OK Amazon Takeover Deal

Whole Foods Shareholders OK Amazon Takeover Deal

Whole Foods shareholders and federal regulators approved Amazon's $13.7 billion acquisition of the organic grocer, a deal that could bring big changes to the supermarket industry and how people order groceries...

Tuesday, Aug 22, 2017 at 04:20 PM EDT

Famed Village Voice Announces End of Print Edition

Famed Village Voice Announces End of Print Edition

The Village Voice, the famed New York City alternative weekly that's been in print for decades, is going online-only. Owner Peter Barbey announced the change on Tuesday. He says the paper, founded more than 60...

Friday, Aug 18, 2017 at 11:40 PM EDT

Walmart Files Patent for Floating Warehouse

Walmart Files Patent for Floating Warehouse

Walmart has applied for a U.S. patent for a warehouse in the sky, which could make deliveries to shoppers' homes with drones. CNBC reported that it could be the big-box retailer's latest move to take its...

Thursday, Aug 17, 2017 at 11:54 AM EDT

Docs Criticize Move by Top Drug Middleman to Limit Opioids

Docs Criticize Move by Top Drug Middleman to Limit Opioids

The nation's largest pharmacy benefit manager will soon limit the number and strength of opioid drugs prescribed to first-time users as part of a wide-ranging effort to curb an epidemic affecting millions of...

Wednesday, Aug 16, 2017 at 05:54 PM EDT

Facebook Bans White Nationalist's Accounts Over Hate Speech

Facebook Bans White Nationalist's Accounts Over Hate Speech

Facebook has banned the Facebook and Instagram accounts of a white nationalist who attended the rally in Charlottesville, Virginia, that ended in deadly violence. Facebook spokeswoman Ruchika Budhraja tells The...

Tuesday, Aug 15, 2017 at 06:31 PM EDT

After Sales Scandal, Wells Fargo Announces Board Shakeup

After Sales Scandal, Wells Fargo Announces Board Shakeup

Wells Fargo announced a board shakeup Tuesday, including the coming retirement of three directors, in a restructuring effort following the bank's consumer sales scandal, CNBC reported. Elizabeth "Betsy" Duke...

Tuesday, Aug 15, 2017 at 01:17 PM EDT

Costco Must Pay $19 Million for Selling 'Tiffany' Rings

Costco Must Pay $19 Million for Selling 'Tiffany' Rings

Costco has been ordered by a federal judge to pay Tiffany & Co. more than $19 million for selling diamond rings that were identified as “Tiffany.” In her ruling, Manhattan judge Laura Taylor Swain wrote that...

Tuesday, Aug 15, 2017 at 09:20 AM EDT

The TV-Streaming Paradox: Why You May Miss the Cable Bundle

The TV-Streaming Paradox: Why You May Miss the Cable Bundle

The future of TV may well be a mishmash of streaming services that could rival the cost of a $100 cable bundle — but that are way more difficult to use. Disney's plan for two new streaming services (and...

Friday, Aug 11, 2017 at 08:18 AM EDT

Wall Street Starts to Pay Attention to North Korea Tensions

Wall Street Starts to Pay Attention to North Korea Tensions

Wall Street reaction to threats between President Donald Trump and officials in North Korea was muted earlier in the week, but cracks are beginning to show, NBC News reported. The Dow saw its biggest dip since...

Friday, Aug 11, 2017 at 06:52 AM EDT

Applebee’s to Shutter More Than 100 Restaurants

Applebee’s to Shutter More Than 100 Restaurants

DineEquity, the parent company of Applebee’s, announced Thursday it will close more than 100 of the chain’s locations. The announcement came with the release of the company’s second-quarter...

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