President Donald Trump is preparing to issue an executive order with the goal of giving oil companies more opportunities to drill offshore, reversing Obama-era policies that restricted the activity. The offshore drilling […]
Companies added 263,000 jobs for the month, ADP and Moody’s Analytics said. That was well above the 185,000 expected from economists surveyed by Reuters and also better than the 245,000 reported for […]
Shares of the e-commerce king, which is also now a cloud computing giant, connected-home leader, drone company, freight airline, Hollywood studio and even a traditional brick-and-mortar retailer, rose above $900 for the first time Tuesday.
The National Football League has reached a deal to stream 10 Thursday night games with Amazon.com Inc., the online retailer that is aggressively trying to position itself as a premier source of […]
Failing Starbucks launches new marketing campaign to bridge the gap between liberals and conservatives
Though Starbucks may be known to most Americans for its lattes and friendly staff, one thing that the international coffee giant tends to have trouble with is conservative outreach. As a matter […]
Coca-Cola (KO) is the new official soft drink of Major League Baseball under a sponsorship agreement announced Monday.
Durex, a famous global condom manufacturer, has announced the launch of its jeans line. Most internet users haven’t taken it seriously and consider it part of a marketing campaign; but the news has turned out to be real. For the time being, Durex jeans will only appear in India.
Apple Inc. will soon start assembling iPhones in India for the first time, say government officials familiar with its plans, boosting the company’s chances of gaining a foothold in the fast-growing market.
Postmates is a U.S. corporation based in San Francisco with a mission to allow “anyone to have anything your heart desires to be delivered on-demand.” The company was birthed in 2011 by […]
The US Federal Reserve on Wednesday raised the benchmark interest rate a quarter point, noting that inflation is moving closer to the central bank’s two percent target.
Signet Jewelers Limited, the world’s largest retailer of diamond jewelry, announced plans to close between 165 and 170 stores by early 2018. Signet is the parent company to Zales, Kay Jewelers, and […]
Think about all that money that didn’t go to drug cartels and other various illegal dealers. And what about the tax? That is a lot of tax on $1 billion!
The system is breaking apart as we speak.
Fed Chair Janet Yellen dropped a strong hint Friday that an interest rate hike is on the way later this month.
For the first time in the history of the virtual currency, a single Bitcoin has become worth more than an ounce of gold.
Home Depot (HD) plans to hire 80,000 Americans, as the home-improvement retailer prepares for the busy spring season.
The Chinese government said it supports the work of the World Trade Organization (WTO) after President Donald Trump threatened to go against the trade body’s rules if they hurt the United States.
Faced with rising labor costs, fast-food giant Wendy’s has announced a plan to replace employees with self-ordering kiosks in 1,000 stores by the end of the year. Former McDonald’s USA CEO Ed Rensi says Wendy’s move is a direct response to the push for a minimum wage increase to $15-an hour, and he believes automation is here to stay.
The Dow Jones Industrial Average crossed the 21000 milestone at the opening bell Wednesday morning in what was the fastest 1,000-point advance in the blue-chip index’s history.
The stock value of transgender-champion Target Corp. crashed by 13.5 percent this week after the company’s sales again fell below investors’ expectations.
Alphabet Inc’s YouTube will launch a live TV service in the next few months that offers the four major U.S. broadcast networks plus cable channels, YouTube Chief Executive Susan Wojcicki said on Tuesday.
“The American economy has been too slow for too long and we’re going to start with tax reform. We’re focused on regulatory relief and we’re focused on just a whole lot of changes to make the middle-class tax cuts and to make business competitive,” Mnuchin said, adding that the goal is to get back to a 3 percent or higher GDP.
The Survival Condo Project converted a former missile silo into luxury condos for the wealthy to bunker down in if disaster strikes.
“You know the movie business is tougher than ever, it’s flattening out, some say it’s declining, technology is really challenging us. But the one thing that I believe that will usurp all that is great storytelling. So, what can I do to create an environment for great storytelling? That’s my focus.”
Mitt Romney attempted to purchase a stake in the Miami Marlins a few months ago, and that effort stalled with no sign of return. Now, the Romney’s have shifted targets, and want […]
Department store operator J.C. Penney said on Friday it would close about 130-140 stores over the next few months, and reported a bigger-than-expected drop in same-store sales for the holiday quarter.
Newly-installed Treasury Secretary Steven Mnuchin said Thursday that the administration’s goal is to pass tax reform before August, setting an aggressive timeline for pushing through legislation. “We want to get this done […]
Consider the impact on consumers. Mobile consumers have the ability to drive to nearby suburbs and buy their beverages without paying the tax, as well as their other groceries. They’ll save a little money, but take on the hassle of driving, spending money on gasoline, and adding to traffic. Proponents of the soda tax have suggested that after some period of time consumers will adjust and go back to shopping in their usual city store. I strongly disagree.
U.S. home resales surged to a 10-year high in January as buyers shrugged of higher prices and mortgage rates, a sign of growing confidence in the economy.