Business News | NBC4 Washington

Business News

Monday, Apr 2, 2018 at 04:06 PM EDT

Dow Falls More Than 450 Points, Amazon Leads Tech Lower

Dow Falls More Than 450 Points, Amazon Leads Tech Lower

On the first trading day of April, which is also the first trading day of the second quarter, stocks are tanking thanks to a combination of anxiety about a trade war, and fears about the tech industry getting...

Monday, Apr 2, 2018 at 06:44 AM EDT

Here Are the US Products Affected by Chinese Tariff Hikes

Here Are the US Products Affected by Chinese Tariff Hikes

Some goods on which the Chinese government raised tariffs Monday. Most goods targeted for 25 percent tariffs are varieties of pork, for which China is the No. 3 American export market. Chinese regulators...

Sunday, Apr 1, 2018 at 08:30 PM EDT

Data Breach Hits Saks Fifth Avenue, Lord & Taylor Stores

Data Breach Hits Saks Fifth Avenue, Lord & Taylor Stores

A data breach at department store chains Saks Fifth Avenue, Saks Off Fifth and Lord & Taylor has compromised the personal information of customers who shopped at the stores. The chains' parent company,...

Thursday, Mar 29, 2018 at 07:50 PM EDT

Tesla Recalls 123K Model S Sedans for Power Steering Problem

Tesla Recalls 123K Model S Sedans for Power Steering Problem

Electric car maker Tesla is recalling 123,000 sedans worldwide to fix a problem with the power-assisted steering. The recall covers all Model S sedans built before April of 2016. Three bolts holding the...

Thursday, Mar 29, 2018 at 05:01 PM EDT

Under Armour: Breach Affected 150M MyFitnessPal Accounts

Under Armour: Breach Affected 150M MyFitnessPal Accounts

Shares of Under Armour dropped 3.8 percent, before paring losses, after the active-wear company informed users of its online fitness and nutrition website of a data breach. Under Armour announced on Thursday...

Thursday, Mar 29, 2018 at 03:29 PM EDT

New iPhone Update Allows Users to Control iPhone Battery

New iPhone Update Allows Users to Control iPhone Battery

Apple just released the iOS 11.3 update for iPhones and iPads on Thursday which features a setting that will allow users to control battery usage along with other new additions, CNBC reported. Earlier this...

Thursday, Mar 29, 2018 at 05:20 PM EDT

US Plant that Destroys Chemical Weapons Plagued by Troubles

US Plant that Destroys Chemical Weapons Plagued by Troubles

A highly automated, multibillion-dollar plant in Colorado that destroys U.S. chemical weapons is over budget, behind schedule and bedeviled by troubles that could worsen the danger to workers. But when the Army...

Tuesday, Mar 27, 2018 at 05:50 PM EDT

Facebook Sued by Housing Advocates Alleging Discrimination

Facebook Sued by Housing Advocates Alleging Discrimination

Facebook still allows for discriminatory housing advertisements despite past promises to remove tools that allow landlords and brokers to exclude certain groups of people from seeing their listings, a new...

Tuesday, Mar 27, 2018 at 06:52 AM EDT

South Korean Auto Workers Blast Revised Trade Deal With US

South Korean Auto Workers Blast Revised Trade Deal With US

Unions at South Korea's two-largest automakers, Hyundai Motor Co. and Kia Motors Corp., have blasted plans to revise a free trade deal with the United States, saying the amended deal will prevent local...

Monday, Mar 26, 2018 at 04:34 PM EDT

Dow Closes 669 Points Higher as Trade Tensions Ease

Dow Closes 669 Points Higher as Trade Tensions Ease

Stocks closed sharply higher on Monday, bouncing back from strong losses in the previous session as trade tensions between the U.S. and China appeared to ease, CNBC reported. The Dow Jones industrial average...

 

Photos & Videos

Community Shred Set for March 24
Community Shred Set for March 24
NBC4's next Community Shred is scheduled for March 24 at Northern Virginia Community College, Annandale Campus. Read more
Follow Us
Sign up to receive news and updates that matter to you.
Send Us Your Story Tips
Check Out