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Business News

Monday, Jan 29, 2018 at 05:25 PM EST

Keurig Buying Dr Pepper Snapple to Create a Beverage Giant

Keurig Buying Dr Pepper Snapple to Create a Beverage Giant

Keurig is buying Dr Pepper Snapple Group Inc., creating a beverage giant with about $11 billion in annual sales. The companies, both the result of previous mergers, will bring under one tent global brands like...

Friday, Jan 26, 2018 at 08:53 AM EST

US Economic Growth Slows, But Consumer Spending Surges

US Economic Growth Slows, But Consumer Spending Surges

Economic growth in the United States unexpectedly slowed in the fourth quarter as strong consumer spending resulted in a surge of imports, Reuters reported. Gross domestic product increased at a 2.6 percent...

Thursday, Jan 25, 2018 at 12:12 PM EST

Atlanta Development Proposal Just Happens to be Amazon-Sized

Atlanta Development Proposal Just Happens to be Amazon-Sized

As Atlanta vies to entice Amazon to build its second headquarters in the South's corporate capital, a developer just happens to be proposing a $5 billion downtown project with 9.3 million square feet (87 million...

Thursday, Jan 25, 2018 at 07:29 AM EST

Crock-Pot Twist on 'This Is Us' Has Brand in Bad Company

Crock-Pot Twist on 'This Is Us' Has Brand in Bad Company

Crock-Pot’s parent company defended the safety record of its slow-cookers after the product was featured in a plot twist on NBC's "This Is Us." The episode — no spoilers here — led some on Twitter to say they...

Wednesday, Jan 24, 2018 at 05:47 PM EST

Apple Will Give Users Control Over Slowdown of Older iPhones

Apple Will Give Users Control Over Slowdown of Older iPhones

Apple's next major update of its mobile software will include an option that will enable owners of older iPhones to turn off a feature that slows the device to prevent aging batteries from shutting down. The...

Wednesday, Jan 24, 2018 at 05:18 PM EST

Kushners No Longer Seeking Chinese Cash for Building Project

Kushners No Longer Seeking Chinese Cash for Building Project

The family real estate company once run by Jared Kushner is no longer seeking $150 million from Chinese investors for a New Jersey building project after months of criticism that the company was playing up...

Wednesday, Jan 24, 2018 at 12:02 PM EST

'Fire and Fury' Sales Exceed 1.7 Million

'Fire and Fury' Sales Exceed 1.7 Million

Michael Wolff's "Fire and Fury" is well on its way to becoming one of the fastest selling nonfiction books in recent years. "Fire and Fury" has sold more than 1.7 million copies in the combined formats of...

Wednesday, Jan 24, 2018 at 12:01 PM EST

Toys R Us to Close 182 Stores Nationwide

Toys R Us to Close 182 Stores Nationwide

Toys R Us is planning to close up to 182 stores across the United States as part of its bankruptcy reorganization plans. The Wayne, New Jersey-based retailer filed court papers late Tuesday outlining its plans...

Tuesday, Jan 23, 2018 at 05:55 PM EST

Senate Approves Powell to Follow Yellen as Fed Chair

Senate Approves Powell to Follow Yellen as Fed Chair

Jerome Powell will take the helm as the 16th chairman of the Federal Reserve, after the Senate confirmed him for the position Tuesday, CNBC reported. Powell was nominated by President Donald Trump in November....

Tuesday, Jan 23, 2018 at 01:55 PM EST

Huggies, Kleenex Maker to Cut Over 5,000 Jobs

Huggies, Kleenex Maker to Cut Over 5,000 Jobs

Kimberly-Clark will cut 5,000 to 5,500 jobs, or 12 percent to 13 percent of its workforce, as the consumer products company tries to lower costs. The Huggies and Kleenex maker said Tuesday that it plans to...

 

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