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Business News

Tuesday, May 14, 2019 at 05:31 PM EDT

Survey: This Is What Americans Consider to Be ‘Wealthy’

Survey: This Is What Americans Consider to Be ‘Wealthy’

For most Americans, having a million dollars isn’t enough to be considered “wealthy.” It would take a net worth of more than double that amount: $2.27 million. That’s according to Charles Schwab’s 2019...

Tuesday, May 14, 2019 at 01:22 PM EDT

Disney to Take Full Control Over Hulu, Comcast Has Option to Sell Its Stake in 5 Years

Disney to Take Full Control Over Hulu, Comcast Has Option to Sell Its Stake in 5 Years

Comcast has agreed to sell its stake in Hulu in five years to Disney and give up its voting rights immediately. The company could either sell it at a valuation $27.5 billion or whatever Hulu is appraised to be...

Tuesday, May 14, 2019 at 07:41 AM EDT

Walmart Ups Delivery Game With Next Day Shipping

Walmart Ups Delivery Game With Next Day Shipping

Walmart is rolling out free next-day delivery on its most popular items, increasing the stakes in the retail shipping wars. The nation's largest retailer said Tuesday it's been building a network of more...

Tuesday, May 14, 2019 at 04:25 PM EDT

Stocks Rise as US Targets More Tariff Hikes on Chinese Goods

Stocks Rise as US Targets More Tariff Hikes on Chinese Goods

U.S. officials listed $300 billion more of Chinese goods for possible tariff hikes while Beijing vowed Tuesday to "fight to the finish" in an escalating trade battle that is fueling fears about damage to global...

Monday, May 13, 2019 at 10:35 PM EDT

It's Not Just China: Trump Trade War Rages on Several Fronts

It's Not Just China: Trump Trade War Rages on Several Fronts

President Donald Trump’s trade war with China is not the only conflict with a major trading partner raging ahead of his reelection bid. Trump, who campaigned in 2016 on cracking down on what he calls unfair...

Tuesday, May 14, 2019 at 02:53 AM EDT

Jury: Monsanto to Pay $2 Billion in Weed Killer Cancer Case

Jury: Monsanto to Pay $2 Billion in Weed Killer Cancer Case

A jury ordered agribusiness giant Monsanto Co. to pay a combined $2.05 billion to a couple who claimed the company's popular weed killer Roundup Ready caused their cancers. The Oakland jury on Monday delivered...

Monday, May 13, 2019 at 04:05 PM EDT

Facebook to Pay US Content Reviewers More Amid Criticism

Facebook to Pay US Content Reviewers More Amid Criticism

Facebook is raising how much it pays U.S. contractors who do some of its most taxing work, including watching violent and other objectionable material for possible removal. Facebook will pay at least $18 an hour...

Monday, May 13, 2019 at 03:05 PM EDT

Survey: 62% of Millennials Say They’re Living Paycheck to Paycheck

Survey: 62% of Millennials Say They’re Living Paycheck to Paycheck

Almost two-thirds of millennials say they’re living paycheck to paycheck and only 38% feel financially stable, according to a new survey from Charles Schwab. Millennials, more than any other generation surveyed...

Monday, May 13, 2019 at 02:57 PM EDT

Tequila to TV Cameras: US Goods Hit by China's New Tariffs

Tequila to TV Cameras: US Goods Hit by China's New Tariffs

China upped the ante Monday in the ongoing tit-for-tat trade war between the world’s top economies. Beijing said it will raise tariffs on $60 billion in U.S. goods on June 1 in retaliation for President Donald...

Monday, May 13, 2019 at 11:20 AM EDT

Supreme Court Allows Lawsuit Over iPhone Apps

Supreme Court Allows Lawsuit Over iPhone Apps

A divided Supreme Court ruled Monday that consumers can pursue an antitrust lawsuit that claims Apple has unfairly monopolized the market for the sale of iPhone apps. New Justice Brett Kavanaugh joined the...

 

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