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Stories tagged: national-business


UPDATED: Tue., Sept. 25, 2018, 5:37 p.m.

Three things to watch for from the Federal Reserve on Wednesday

The Federal Reserve will meet Wednesday, and whatever the central bank’s policymakers decide will affect the loan rates that consumers as well as businesses will face in the coming months.


UPDATED: Tue., Sept. 25, 2018, 5:13 p.m.

Starbucks plans corporate shake-up and layoffs, starting with senior execs

Girding for continued change in the retail landscape, Starbucks plans job cuts this fall at its Seattle headquarters, including eliminating some top executives, as it reorganizes in a bid to …


Michael Kors ups the glamour, buys Versace for $2 billion

Michael Kors is buying the Italian fashion house Versace in a deal worth more than $2 billion, continuing its hard charge into the world of high-end fashion.


UPDATED: Tue., Sept. 25, 2018, 6:31 p.m.

Just Dunkin’: Dunkin’ Donuts to change its name

Dunkin’ is dropping the donuts – from its name, anyway.


Inspire Brands buys Sonic burger chain for $2.3 billion

Arby’s owner Inspire Brands is buying the Sonic drive-in hamburger chain.


Apple, Salesforce teaming up on mobile apps for business

Customer relations software company Salesforce says it will join with Apple to create new business apps exclusively for iPhone and iPad.


Sears’ CEO has come up with a last-minute plan to save it from bankruptcy

Sears could face bankruptcy if it doesn’t meet its next debt payment, due in the coming weeks. Now, the retailer’s chief executive has come up with a last-minute plan to …


UPDATED: Mon., Sept. 24, 2018, 4:36 p.m.

Barrick buys Randgold to create world’s largest gold miner

Barrick Gold has agreed to buy Randgold Resources for $6.1 billion in stock to create the world’s largest gold miner, worth a combined $18 billion.


UPDATED: Mon., Sept. 24, 2018, 3:52 p.m.

SiriusXM presses play on deal with Pandora Media

Subscription radio company SiriusXM says it’s buying music streaming service Pandora Media Inc. in a stock deal valued at about $3.5 billion that’ll allow it to expand its service beyond …


Congress takes aim at shrinking seats, legroom on airplanes

The Federal Aviation Administration would be required to set new minimum requirements for seats on airplanes under legislation to be considered in the House this week, possibly giving passengers a …


Credit freeze free nationwide as of Friday

Consumers can now freeze their credit for free under a new federal law.


Japan’s oldest winemaker readies for European grape onslaught

With the removal of tariffs on European wines as soon as next year, Kirin Holdings Co.’s wine-making unit is betting on Japanese grapes to weather the onslaught.


UPDATED: Sun., Sept. 23, 2018, 7:16 p.m.

An ideal niche product for baseball fans who want to put their heads together

He doesn’t make bobbleheads. He makes display cases that you put your bobbleheads in.Talk about a niche business.


Twitter finds software privacy bug affecting direct messages

Twitter says it found a software bug that may have sent some private messages to the wrong people.


UPDATED: Fri., Sept. 21, 2018, 5:53 p.m.

JetBlue founder says his new startup will cut fares, add legroom

Serial airline entrepreneur David Neeleman is determined to make his next carrier stand out in a market where rivals large and small shoehorn budget-minded travelers into cramped cabins.


UPDATED: Fri., Sept. 21, 2018, 9:48 p.m.

Is $1,100 too much for an iPhone? Get an older one for less

The $1,100 price tag on Apple’s latest iPhone turned heads when the company announced it last week. But for less than half as much, you can still get a good …


UPDATED: Fri., Sept. 21, 2018, 3:55 p.m.

Credit freeze free nationwide as of Friday

Consumers can now freeze their credit for free under a new federal law.


UPDATED: Fri., Sept. 21, 2018, 5:30 p.m.

Rising oil prices haven’t hurt the U.S. economy so far

America’s rediscovered prowess in oil production is shaking up old notions about the impact of higher crude prices on the U.S. economy.


UPDATED: Thu., Sept. 20, 2018, 7 p.m.

Stocks at records; Dow beats all-time high from January

Wall Street delivered another set of milestones Thursday as a wave of buying sent U.S. stocks solidly higher, driving the Dow Jones Industrial Average above the all-time high it closed …


Get ready for ‘Bongzilla,’ selfie frenzy at Vegas pot museum

Las Vegas’ newest attraction – and Instagram backdrop – is a museum celebrating all things cannabis.


Today’s active-adult communities are stepping up their games

Remember the scene in “It’s a Wonderful Life,” when the retractable floor over the gym swimming pool slides open during a dance? Residents at Trilogy at Tehaleh, an active-adult community …


UPDATED: Thu., Sept. 20, 2018, 5:41 p.m.

U.S. home sales were flat in August

U.S. sales of existing homes were unchanged in August, as a shortage of houses priced at less than $250,000 – a level considered to be affordable for the middle class …


AutoNation chief, after 20 years, is turning over the keys

Mike Jackson is stepping down after almost two decades leading AutoNation, the largest dealership chain in the U.S.


Delta joins airlines in era of $30 bag fee

Delta Air Lines raised its fee for a first checked bag to $30, following in competitors’ footsteps as U.S. carriers expand efforts to offset stubbornly higher fuel prices.


UK lawmakers: ‘Wild West’ cryptocurrencies need regulation

British lawmakers have backed calls for greater regulation of cryptocurrencies such as bitcoin in order to bring an element of control to a market that more resembles the “Wild West.”


UPDATED: Wed., Sept. 19, 2018, 10:52 a.m.

EU opens investigation into how Amazon uses data

European authorities said Wednesday they have opened a preliminary antitrust investigation into Amazon over the e-commerce giant’s treatment of smaller merchants on its website.


Criminal investigation could hurt Tesla fundraising and recruitment

The Justice Department is investigating whether public statements made by Elon Musk and Tesla – the electric car company he runs – were misleading enough to constitute criminal fraud, the …


UPDATED: Tue., Sept. 18, 2018, 4:51 p.m.

Los Angeles takes step toward banning sale of fur products

Los Angeles, one of the world’s major fashion centers and long a symbol of glitz and glamour, is taking steps to ban the sale of new fur products, a move …


UPDATED: Tue., Sept. 18, 2018, 6:10 p.m.

ACLU: Facebook allows gender-biased job ads on its platform

Facebook is allowing job ads on its platform that exclude women, according to the American Civil liberties Union.


UPDATED: Tue., Sept. 18, 2018, 6:15 p.m.

Tilray first Canadian company to import medical pot to U.S.

In a rare move, the U.S. government has approved the importation of marijuana extracts from Canada for a clinical trial, highlighting a new avenue for American researchers who have long …