Recession Fears Hit Wall Street Following Poor Economic Data From China And Germany

Aug 14 (Reuters) - Wall Street was set to open sharply lower on Wednesday, as poor economic data from China and Germany put the focus back on the impact of a bruising Sino-U.S. trade...

CBS And Viacom To Reunite

NEW YORK (AP) — CBS and Viacom said Tuesday they will reunite, bringing together their networks and the Paramount movie studio as traditional media giants challenge streaming companies like Netflix. Viacom CEO Bob Bakish, who...

Department Of Transportation Rejects Delta’s Ban On Pit Bulls As Service Animals

The U.S. Department of Transportation announced Thursday that airlines must allow any breed of dog as a service or support animal on their flights, directly rejecting Delta Air Line’s ban on pit bulls as service...

Uber Loses Over $5 Billion, Its Largest Quarterly Loss Ever

NEW YORK (AP) — Uber lost $5.24 billion in the second quarter — its largest quarterly loss ever — after making huge stock-based payouts in the months following its initial public offering. The ride-hailing giant...

Equinox, SoulCycle Say They Have Nothing To Do With Owner’s Trump Fundraiser

Amid backlash for their connection to a fundraiser for President Donald Trump’s reelection, Equinox and SoulCycle released a statement Wednesday indicating that the brands have nothing to do with the event and “do not...

Barneys Reportedly Files For Chapter 11 Bankruptcy

Aug 6 (Reuters) - U.S. luxury department store chain Barneys New York Inc filed for Chapter 11 bankruptcy protection to restructure its business and pursue a sale, the New York Times reported early on...

Disney, Eddie Bauer Recall Baby Sleepers Over Safety Risk

NEW YORK (AP) — About 24,000 Disney and Eddie Bauer baby sleepers are being recalled on concerns that infants could roll over and suffocate on them.No injuries were reported for the sleepers, but similar...

Federal Reserve Poised To Cut Interest Rates For First Time In A Decade

WASHINGTON (AP) — The Federal Reserve is poised to cut its key interest rate Wednesday to counter what it sees as threats to the U.S. economy ranging from uncertainties caused by President Donald Trump’s...

DoorDash To Change Tipping Model Following Backlash

DoorDash, an on-demand delivery app, said it is changing a policy that effectively distributed customers’ tips to the company rather than to delivery drivers. “Going forward, we’re changing our model - the new model will...

Macy’s Removes Plates From Stores After Complaints They ‘Promote Eating Disorders’

Macy’s has quit selling dinner plates that incited controversy online among people who said they advocated a “toxic message” of portion control. Alie Ward, a science correspondent for the CBS series “Innovation Nation,” tweeted an...

Equifax To Pay Up To $650 Million In Data Breach Settlement

WASHINGTON (Reuters) - Credit-reporting company Equifax Inc will pay up to a record $650 million to settle U.S. federal and state probes into a massive 2017 data breach of personal information, authorities said on...

European Union Probes Amazon As Scrutiny Over Tech Giants Grows

BRUSSELS (AP) — While the U.S. Congress talks about reining in big tech companies, Europe is taking action. The European Union said Wednesday it is investigating whether Amazon uses data from independent retailers to gain...

Here’s Why Thousands Of Autoworkers Could End Up On Strike Soon

The United Auto Workers union is set to start bargaining new contracts covering 150,000 workers at Detroit’s Big Three on Monday in what could be the most contentious negotiations the auto industry has seen...

Ice Cream Truck Owner’s New Rule: Instagram Influencers Pay Double

Fed up with self-proclaimed “Instagram influencers” trying to snag free ice cream in exchange for a social media post, a Los Angeles small business owner has instituted a new rule: Influencers have to pay...

FAA Discovers A New Potential Risk With Boeing’s 737 Max Jets

The Federal Aviation Administration discovered another potential risk in Boeing’s 737 Max 8 jets, which were grounded in the U.S. and abroad in March after 346 people died in two separate crashes involving the...

Wayfair Workers Walk Out Over Business With Migrant Detention Center

Hundreds of outraged Wayfair employees at the company’s Boston headquarters walked off the job Wednesday to protest the online retailer’s business with a contractor that operates migrant detention centers. Workers learned last week that the...

Wayfair Employees To Protest Company’s Business With Migrant Border Camps

Hundreds of employees of Wayfair, the online furniture retailer, plan to walk out of their offices in Boston on Wednesday because they say the company has refused their demand to cut ties with government contractors...

Boeing Has So Many Grounded Jets, It’s Parking Them In The Employee Lot

Imagine rolling into work on a Monday morning only to find your usual parking spot occupied by a commercial airliner. Such is the life of employees at Boeing manufacturing facilities in the Seattle area, where...

Republicans Have Found A New Mascot For Cutting Food Benefits

WASHINGTON ― As the Donald Trump administration prepares more regulations to strip poor people of food benefits, Republicans on Capitol Hill are launching something of a charm offensive. During a hearing Thursday, Republicans pointed...

Google Investing $1 Billion To Fix Bay Area’s Tech-Driven Housing Crisis

Google announced Tuesday that it’s investing $1 billion in developing more housing across the San Francisco Bay Area, where the rise of wealthy tech companies has helped fuel one of the country’s biggest affordability...

Boeing CEO Admits ‘Mistake’ Made With Embattled 737 Max Jets

PARIS (AP) — The chief executive of Boeing said the company made a "mistake" in handling a problematic cockpit warning system in its 737 Max jets before two crashes of the top-selling plane killed...

Massive Target Register Outage Causes Confusion At Stores Nationwide

Chaos descended upon checkout lines in Target stores across the country when an alleged technical glitch triggered register outages for hours on Saturday. The widespread register failure broke out in the afternoon, one of...

UAW Loses In Second Attempt To Unionize VW Plant In Tennessee

The United Auto Workers suffered another painful defeat Friday when production workers at a Tennessee Volkswagen facility narrowly voted against joining the union. The election was the second in five years at the Chattanooga plant, where employees...

United Auto Workers Gets Another Crack At Unionizing Volkswagen Plant In Tennessee

Volkswagen employees in Chattanooga, Tennessee, will decide this week whether to join the United Auto Workers and start bargaining for a contract, in an election that relitigates one of the highest-profile labor fights in...

Boeing Reports Zero New Plane Orders For Second Straight Month

Boeing has reported zero new commercial plane orders for May ― the second month in a row that the world’s largest plane-maker has announced such an abysmal order tally.  Boeing’s order and delivery totals have...

YouTube CEO Apologizes For Standing By Homophobic Videos

YouTube CEO Susan Wojcicki apologized to the LGBTQ community at a tech conference Monday after the company came under fire for not taking action against homophobic content on its video-sharing platform.  “I know that the decision...

The Marriott Strike Helped Grow The Largest Hotel Workers Union

A labor union representing Marriott workers says it’s building off the success of a large strike last year to add new members inside the world’s largest hotel chain. Nearly 8,000 Marriott employees in eight cities...

Over 180 CEOs Sign Full-Page NYT Ad That Declares Abortion Bans Are ‘Bad For...

Nearly 200 CEOs signed a full-page New York Times ad published Monday that urges companies to stand up for reproductive rights in the face of ongoing abortion bans in states across the U.S. “Equality in the...
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