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Business News

Tuesday, Jun 20, 2017 at 04:35 PM EDT

Diners Prefer Fast Food to Sit-Down Restaurants: Survey

Diners Prefer Fast Food to Sit-Down Restaurants: Survey

When it comes to food, more Americans are looking for convenience over quality these days. NBC News reports that satisfaction with full-service restaurants has reached its lowest point in 10 years, according to...

Tuesday, Jun 20, 2017 at 01:26 PM EDT

Uber Adds Option to Tip Drivers

Uber Adds Option to Tip Drivers

Uber is enabling passengers to tip its U.S. drivers with a tap on its ride-hailing app for the first time, part of a push to recast itself as a company with a conscience and a heart. Besides the built-in...

Tuesday, Jun 20, 2017 at 02:52 PM EDT

Amazon Strikes Again; the Dressing Room in Your House

Amazon Strikes Again; the Dressing Room in Your House

Amazon is increasingly claiming territory once held exclusively by department stores and it's doing so again, essentially placing a dressing room in your house. Amazon is testing a new service for Prime members...

Tuesday, Jun 20, 2017 at 10:33 AM EDT

Ken Gets Makeover: Cornrows, Beefy Bod and New Skin Tones

Ken Gets Makeover: Cornrows, Beefy Bod and New Skin Tones

He's been overshadowed by Barbie for decades, but now Ken is finally getting some attention. Mattel is introducing 15 new looks for the male doll, giving him new skin tones, body shapes and hair styles. The...

Tuesday, Jun 20, 2017 at 08:32 AM EDT

'Love at First Sight' for Whole Foods and Amazon: CEO

'Love at First Sight' for Whole Foods and Amazon: CEO

Whole Foods CEO John Mackey says the deal to be acquired by Amazon was the result of a "whirlwind courtship." Mackey made the remarks during a town hall with Whole Foods employees after the $13.7 billion...

Monday, Jun 19, 2017 at 04:01 PM EDT

Amazon Buys Whole Foods: What That Means for Grocery Prices

Amazon Buys Whole Foods: What That Means for Grocery Prices

Analysts predict big changes for grocers following Amazon’s surprise purchase of Whole Foods, NBC News reported. But they also say there is a clear winner here: Shoppers. "This was a very exciting announcement...

Monday, Jun 19, 2017 at 11:46 PM EDT

FTC Seeks to Block FanDuel, DraftKings Merger

FTC Seeks to Block FanDuel, DraftKings Merger

The Federal Trade Commission is seeking to block the merger of FanDuel and DraftKings, the two largest daily fantasy sports sites.

Monday, Jun 19, 2017 at 02:26 PM EDT

Time Warner Just Handed Snapchat a $100 Million Lifeline

Time Warner Just Handed Snapchat a $100 Million Lifeline

Snap, the company behind the social media app Snapchat, saw a spike in its shares on Monday after the announcement of a new deal with Time Warner. The deal is valued at $100 million, people familiar with the...

Monday, Jun 19, 2017 at 10:00 AM EDT

Dow Hits Another Record High at Open as Tech Stocks Bounce

Dow Hits Another Record High at Open as Tech Stocks Bounce

The Dow Jones industrial average continued its march upward Monday, opening at a record high that top's last week's milestone of 21,391.97, CNBC reported. The S&P 500 opened up 0.4 percent, leaving it just...

Friday, Jun 16, 2017 at 02:49 PM EDT

US Treasury Department Releases FAQ on Cuba Changes

US Treasury Department Releases FAQ on Cuba Changes

The Department of the Treasury's Office of Foreign Assets Control released a series of frequently asked questions regarding President Donald Trump's changes to the U.S. policy toward Cuba Friday, as the...

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