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Business News

Thursday, Feb 15, 2018 at 08:12 AM EST

Cheeseburgers, Chocolate Milk Out of McDonald's Happy Meals

Cheeseburgers, Chocolate Milk Out of McDonald's Happy Meals

McDonald's will soon banish cheeseburgers and chocolate milk from its Happy Meal menu in an effort to cut down on the calories, sodium, saturated fat and sugar that kids consume at its restaurants. Diners...

Thursday, Feb 15, 2018 at 03:26 AM EST

Qualcomm, Broadcom Hold Talks Over Revised $121 Billion Bid

Qualcomm, Broadcom Hold Talks Over Revised $121 Billion Bid

Qualcomm Inc top executives met with Broadcom Ltd Wednesday for the first time to confer the revised $121 billion bid as a possible deal, CNBC reported. The meeting was attended by Chief Executive Officer...

Tuesday, Feb 13, 2018 at 06:25 PM EST

Chipotle Looks to Fast-Food Chain Taco Bell for Next CEO

Chipotle Looks to Fast-Food Chain Taco Bell for Next CEO

Chipotle, hoping to rebuild its business after a series of food safety scares, has named an executive from fast-food chain Taco Bell as its next CEO. Brian Niccol, chief executive at Taco Bell chain for...

Monday, Feb 12, 2018 at 06:51 PM EST

Amazon to Lay Off 'Small' Number of People in Seattle

Amazon to Lay Off 'Small' Number of People in Seattle

After a ramp-up of hiring last year, Amazon says it will cut a "small" number of positions at its Seattle headquarters. The company did not give an exact number, but The Seattle Times, citing a person familiar...

Monday, Feb 12, 2018 at 05:32 PM EST

Stocks Power Higher After a Dreadful Week; Dow Jumps 410

Stocks Power Higher After a Dreadful Week; Dow Jumps 410

Stocks powered higher Monday, sending the Dow Jones industrial average up 410 points, as the market clawed back more of its massive losses from the previous two weeks. Apple jumped 4 percent and led a rally in...

Monday, Feb 12, 2018 at 12:02 PM EST

Trump's $4.4T Budget Helps Move Deficit Sharply Higher

Trump's $4.4T Budget Helps Move Deficit Sharply Higher

President Donald Trump unveiled a $4.4 trillion budget for next year that heralds an era of $1 trillion-plus federal deficits and — unlike the plan he released last year — never comes close to promising a...

Friday, Feb 9, 2018 at 04:39 PM EST

Dow Bounces More Than 300 Points Friday

Dow Bounces More Than 300 Points Friday

The Dow Jones industrial average rebounded more than 300 points Friday, paring deep losses for investors in what still amounted to the worst week in two years. The Dow ended the day up 330.44 points, or 1.38...

Wednesday, Feb 7, 2018 at 01:11 AM EST

Macy's to Launch Clothing Line Geared Toward Muslims

Macy's to Launch Clothing Line Geared Toward Muslims

Macy's is launching a women's clothing line aimed at Muslim shoppers. The department store chain says it teamed up with a boutique called Verona Collection and plans to sell the collection of modest dresses,...

Thursday, Feb 8, 2018 at 12:33 AM EST

Back to Earth: Tesla's Losses Grow on Model 3 Delays

Back to Earth: Tesla's Losses Grow on Model 3 Delays

The day after Tesla and SpaceX CEO Elon Musk blasted his Tesla Roadster into space, his electric car company's mounting losses brought him back to Earth again. Tesla Inc. posted a record quarterly net loss...

Wednesday, Feb 7, 2018 at 04:08 PM EST

Toys R Us Begins Liquidation Sales Ahead of Store Closings

Toys R Us Begins Liquidation Sales Ahead of Store Closings

Bankrupt Toys R Us has received court approval to move forward with its plans to shutter about 180 stores, under both the Toys R Us and Babies R Us banners, across the U.S. The liquidation sales at those...

 

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