The top executives of America’s biggest companies saw their average annual pay surge to $18.9 million in 2017, according to a report released Thursday, fueling concerns about the gulf between the nation’s richest and everyone else.
Nordstrom Inc. on Thursday reported fiscal second-quarter net income of $162 million. On a per-share basis, the Seattle-based company said it had profit of 95 cents.
Google has changed a help page that erroneously described how its “Location History” setting works, clarifying for users that it still tracks their location even if they turn the setting off.
The chairman of the Federal Communications Commission, an independent agency, says a White House official called to talk about a proposed merger between Sinclair Broadcast Group Inc. and Tribune Media Co.
U.S. housing starts ticked up just 0.9 percent in July, a sign that higher construction costs might be weighing on homebuilders.
Walmart raised its financial outlook for the year after beating Wall Street’s expectations for the quarter and seeing the strongest growth in more than a decade in sales at established stores. Its shares rose nearly 10 percent.
J.C. Penney reported a bigger-than-expected loss in its fiscal second quarter as a key sales metric fell well short of Wall Street’s view. The department store operator also cut its full-year forecast again, and its shares plunged 24 percent.
U.S. stocks had their worst day in seven weeks Wednesday amid a broad decline in global equities as technology shares were roiled by disappointing results from Chinese internet giant Tencent Holdings Ltd. and copper sank into a bear market, weighing on commodities.
For the fourth consecutive year, the technology sector boasted the highest-paying jobs in the U.S., according to an annual report from Glassdoor.
As the bizarre Tesla Inc. go-private saga enters its ninth day, many investors are wondering when regulators will decide whether Elon Musk broke the rules by dripping out details so haphazardly. History suggests it might take a while.
Amazon’s Alexa and Microsoft’s Cortana are coming soon to a smart device near you – together, with new integrated features that allow the digital assistants to talk to each other.
Investor Warren Buffett’s company added to its stakes in Apple and Israeli drugmaker Teva Pharmaceuticals in the second quarter while tweaking several of its other stock investments.
U.S. manufacturing output rose a solid 0.3 percent last month, led by increased production of cars, electronics, and appliances.
Tesla is forming a special committee to evaluate proposals to take the company private one week after CEO Elon Musk said he was considering it.
Macy’s raised its annual profit forecast as the department store reported an unexpected increase in a key sales measure.
Kirishian LLC., parent company to long-time Spokane import rug business, started the countdown to its 98th birthday in May with the acquisition of a home décor cleaning company while simultaneously beginning a national push with its mail-in rug washing and repair business, called Rug Spa.
Tesla Inc.’s board of directors said Tuesday it was forming a special committee to explore Chief Executive Elon Musk’s desire to take the Palo Alto electric-car maker private even as at least two shareholder lawsuits have been filed alleging he made false and misleading statements about the effort.
Joining several other carriers that have adopted tough new rules on pets, Southwest Airlines is adopting a new policy for emotional support animals in the cabin, allowing only dogs and cats that are restrained by a leash or kept in a carrier.
Kroger will start to sell some of its products to Chinese shoppers through a website owned by internet giant Alibaba, the latest move by the supermarket chain to boost its digital business.
The founders of the dating app Tinder, along with current executives and some of its employees, have filed a lawsuit against IAC/InterActiveCorp and its Match Group subsidiary for allegedly manipulating financial information, hurting Tinder’s valuation and unlawfully getting rid of stock options.
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