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Business News

Wednesday, Nov 14, 2018 at 12:11 PM EST

Big Question for Amazon's 2 Chosen Cities: Will It Pay Off?

Big Question for Amazon's 2 Chosen Cities: Will It Pay Off?

The awarding of Amazon's second headquarters to two affluent localities has fanned intense speculation around a key question: For the winning cities, will the economic payoff prove to be worth the cost? Amazon...

Tuesday, Nov 13, 2018 at 09:20 PM EST

National Landing? Amazon News Spurs Jokes, Confusion in DC

National Landing? Amazon News Spurs Jokes, Confusion in DC

You've heard of Crystal City, Pentagon City and Potomac Yard, but ... National Landing?

Tuesday, Nov 13, 2018 at 01:17 PM EST

White House Economic Advisers Clash on China

White House Economic Advisers Clash on China

President Donald Trump's top economic advisor, Larry Kudlow, on Tuesday disavowed comments from White House trade advisor Peter Navarro, who last week lambasted Wall Street influence in U.S.-China trade...

Tuesday, Nov 13, 2018 at 09:23 PM EST

A Look at Amazon's Empire, From Audible to Whole Foods

A Look at Amazon's Empire, From Audible to Whole Foods

Amazon is hard to escape. Whether you've bought shoes at Zappos, picked up milk at Whole Foods or listened to an audiobook on Audible, you've been caught up in Amazon's growing web of businesses. And now,...

Tuesday, Nov 13, 2018 at 03:08 PM EST

Amazon Chooses New York City, Northern Virginia for HQ2

Amazon Chooses New York City, Northern Virginia for HQ2

Amazon is moving into New York City and Northern Virginia. The company announced Tuesday it plans to locate its new "HQ2" headquarters in both areas, ending a year-long courtship by metropolitan areas across...

Monday, Nov 12, 2018 at 05:11 PM EST

Tech Giants Slide, Pulling US Stock Market Sharply Lower

Tech Giants Slide, Pulling US Stock Market Sharply Lower

A broad sell-off in technology companies pulled U.S. stocks sharply lower Monday, knocking more than 600 points off the Dow Jones Industrial Average. The wave of selling snared big names, including Apple,...

Monday, Nov 12, 2018 at 11:07 AM EST

Amazon HQ2 Favorites: Similar Basics, Different Vibes

Amazon HQ2 Favorites: Similar Basics, Different Vibes

The communities said to be favored to become homes to a pair of big, new East Coast bases for Amazon are both riverfront stretches of major metropolitan areas with ample transportation and space for workers. But...

Friday, Nov 9, 2018 at 01:01 AM EST

FDA Plans Limits on Sale of Flavored E-Cigarettes: Report

FDA Plans Limits on Sale of Flavored E-Cigarettes: Report

The U.S. Food and Drug Administration plans to require strict limits on the sale of most flavored e-cigarettes, including age verification controls for online sales, in an effort to curtail their use among...

Thursday, Nov 8, 2018 at 04:01 PM EST

This Holiday Season Could Seal Barnes & Noble's Fate

This Holiday Season Could Seal Barnes & Noble's Fate

This could be the most crucial holiday season in Barnes & Noble 's history. Its sales have been in a decline for six years as the bookseller cedes market share to Amazon and consumers turn to their phones or...

Thursday, Nov 8, 2018 at 02:10 AM EST

Tesla Names Robyn Denholm New Board Chair

Tesla Names Robyn Denholm New Board Chair

Tesla late Wednesday announced that Robyn Denholm would take over as the chair of the company's board, effective immediately. Denholm presently serves as the CFO and Head of Strategy at Australia's largest...

 

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