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Business News

Tuesday, Sep 18, 2018 at 01:15 PM EDT

Black Friday Still on Track as Busiest Shopping Day: Survey

Black Friday Still on Track as Busiest Shopping Day: Survey

Even though retailers are offering deals earlier and earlier each holiday season, resulting in a "Christmas creep," Black Friday is still expected to be the busiest shopping day of 2018, by far, according to one...

Monday, Sep 17, 2018 at 05:37 PM EDT

Coca-Cola 'Closely Watching' Use of Cannabis in Wellness Drinks

Coca-Cola 'Closely Watching' Use of Cannabis in Wellness Drinks

While Coke may be looking into the potential of marijuana-infused health beverages for pain relief, the company has no interest in helping consumers get high. The Coca-Cola Company released a statement on...

Monday, Sep 17, 2018 at 05:41 PM EDT

Amazon Plans to Release at Least 8 New Alexa-Powered Devices

Amazon Plans to Release at Least 8 New Alexa-Powered Devices

Amazon is doubling down on its Alexa-powered devices, with plans to release at least 8 new voice-controlled hardware devices before the end of the year, CNBC has learned. The devices include, among others, a...

Sunday, Sep 16, 2018 at 09:52 PM EDT

Time Magazine Sold for $190M to Salesforce Co-Founder, Wife

Time Magazine Sold for $190M to Salesforce Co-Founder, Wife

Time Magazine is being sold by Meredith Corp. to Marc Benioff, a co-founder of Salesforce, and his wife, it was announced Sunday. Meredith announced that it was selling Time magazine for $190 million in cash to...

Saturday, Sep 15, 2018 at 08:53 PM EDT

Report: Trump Going Ahead With Plans for New China Tariffs

Report: Trump Going Ahead With Plans for New China Tariffs

President Donald Trump is going ahead with plans to impose new tariffs on about $200 billion of Chinese imports, The Wall Street Journal reported Saturday. Both sides were preparing to hold new talks on...

Friday, Sep 14, 2018 at 03:54 PM EDT

San Francisco Federal Reserve Names Mary Daly as President

San Francisco Federal Reserve Names Mary Daly as President

The Federal Reserve Bank of San Francisco has appointed Mary Daly, a longtime Fed economist and a labor market specialist, as the next president of the regional Fed bank. Daly replaces John Williams, who became...

Friday, Sep 14, 2018 at 03:20 PM EDT

What Have We Learned 10 Years After Lehman Bros.' Collapse?

What Have We Learned 10 Years After Lehman Bros.' Collapse?

The implosion of investment bank Lehman Brothers on Sept. 15, 2008, was the first domino to fall in the subprime mortgage crisis that torched billions of dollars in wealth in the U.S. and around the world. We'...

Friday, Sep 14, 2018 at 10:10 AM EDT

SpaceX Books the First Tourist to the Moon

SpaceX Books the First Tourist to the Moon

The moon may soon get its first tourist — and first human visitor in more than four decades. SpaceX announced Thursday that it's booked the world's first private passenger to the moon. Elon Musk's space...

Thursday, Sep 13, 2018 at 06:57 AM EDT

Reddit Bans Qanon Subreddits After Series of Violent Threats

Reddit Bans Qanon Subreddits After Series of Violent Threats

Reddit banned one of its largest communities dedicated to discussion of the Qanon fringe conspiracy theory on Wednesday, citing the subreddit's repeated violations of the network's content policy. The...

Wednesday, Sep 12, 2018 at 11:13 AM EDT

Some McDonald's Workers Vote to Strike Over Sex Harassment

Some McDonald's Workers Vote to Strike Over Sex Harassment

Emboldened by the #MeToo movement, McDonald's workers have voted to stage a one-day strike next week at restaurants in 10 cities in hopes of pressuring management to take stronger steps against on-the-job sexual...

 

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