Business News

Thursday, Dec 5, 2019 at 04:12 PM PST

Continent's 1st Indoor Snow Mountain Opens at NJ Dream Mall

Continent's 1st Indoor Snow Mountain Opens at NJ Dream Mall

New Jersey got a taste of the first heavy snow of the season earlier this week, and residents will be able to play in even more snow on Thursday with the opening of "Big SNOW" indoor ski and snowboard slopes at...

Thursday, Dec 5, 2019 at 06:37 AM PST

Gun Background Checks Are on Pace to Break Record in 2019

Gun Background Checks Are on Pace to Break Record in 2019

Background checks on gun purchases in the U.S. are climbing toward a record high this year, reflecting what the industry says is a rush by people to buy weapons in reaction to the Democratic presidential...

Thursday, Dec 5, 2019 at 09:34 AM PST

United CEO Oscar Munoz to Step Down

United CEO Oscar Munoz to Step Down

United Airlines on Thursday said CEO Oscar Munoz will turn over day-to-day management of the airline next spring to President Scott Kirby, who will become company’s chief executive officer. The transition will...

Wednesday, Dec 4, 2019 at 12:57 PM PST

Deadly Defect Found in Another Version of Takata Airbags

Deadly Defect Found in Another Version of Takata Airbags

A new and distinct problem has been discovered in air bags made by the now bankrupt company Takata which has led to at least one death. The recently discovered malfunction is different than the defect that led...

Wednesday, Dec 4, 2019 at 10:33 AM PST

Peloton Says Widely Panned Ad Was 'Misinterpreted'

Peloton Says Widely Panned Ad Was 'Misinterpreted'

Peloton has responded to a massive amount of criticism for one of its holiday ads. The maker of high-end at-home fitness equipment last month rolled out a holiday ad that implores viewers to “give the gift...

Wednesday, Dec 4, 2019 at 10:24 AM PST

Season's Greetings at Sears: Dingy Shops, Sparse Shelves

Season's Greetings at Sears: Dingy Shops, Sparse Shelves

Nearly 10 months out of bankruptcy, Sears is limping into the holiday shopping season. The rescue promised by its longtime backer, Eddie Lampert, hasn't materialized. Stores are closing. The ones that remain...

Tuesday, Dec 3, 2019 at 10:50 PM PST

Elon Musk Tells Jurors Insult Provoked 'Pedo Guy' Tweet

Elon Musk Tells Jurors Insult Provoked 'Pedo Guy' Tweet

Elon Musk has owned up to insulting a British spelunker in a rash tweet, but wouldn't concede on the witness stand that he called the man a pedophile. The Tesla CEO returns to the witness stand Wednesday after...

Tuesday, Dec 3, 2019 at 10:22 PM PST

Google Co-Founders Step Down as Execs of Parent Alphabet

Google Co-Founders Step Down as Execs of Parent Alphabet

Google co-founders Larry Page and Sergey Brin are stepping down from their roles within the parent company, Alphabet. Sundar Pichai, who has been leading Google as CEO for more than four years, will stay in his...

Tuesday, Dec 3, 2019 at 09:55 AM PST

Trump Loses Appeal to Block Financial Records From Congress

Trump Loses Appeal to Block Financial Records From Congress

A federal appeals court ruled Tuesday that Deutsche Bank and Capital One can hand over years of President Donald Trump’s financial records in compliance with House Democrats’ subpoenas. The ruling in the...

Monday, Dec 2, 2019 at 10:46 PM PST

Tesla CEO Musk Facing Defamation Trial for 'Pedo Guy' Tweet

Tesla CEO Musk Facing Defamation Trial for 'Pedo Guy' Tweet

Elon Musk is going on trial for his troublesome tweets in a case pitting the billionaire against a British diver he allegedly dubbed a pedophile.

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