The latest business news.
Boeing 10 hours ago

Boeing’s 777X, the World’s Largest Twin-Engine Jet, Completes Maiden Flight

Boeing’s 777X, a new generation of the wide-body aircraft, completed its maiden flight on Saturday — marking a milestone for the company struggling through the increasing fallout from two fatal crashe...

  • Netflix Dec 16, 2019

    These 91 Companies Paid No Federal Taxes in 2018

    Nearly 100 Fortune 500 companies effectively paid no federal taxes in 2018, according to a new report. The study by the Institute on Taxation and Economic Policy, a left-leaning think tank, covers the first year following passage of the Tax Cuts and Jobs Act championed by President Donald Trump, which was signed into law in December ...
  • Boeing Dec 17, 2019

    Boeing Will Suspend 737 Max Production in January

    Boeing is planning to suspend production of its beleaguered 737 Max planes next month, the company said Monday, a drastic step after the Federal Aviation Administration said its review of the planes would continue into next year. Boeing’s decision, made after months of a cash-draining global grounding of its best-selling aircraft, worsens one of th...
  • NBCUniversal Dec 16, 2019

    NBCUniversal CEO Steve Burke Will Retire on Aug. 14

    NBCUniversal CEO Steve Burke will retire on August 14, 2020 following the Summer Olympics in Tokyo, Comcast announced on Monday. Jeff Shell will become CEO of NBCUniversal beginning Jan. 1, 2020, when Burke will move to role of Chairman of NBCUniversal. Following Burke’s retirement, Shell will report to Comcast CEO Brian Roberts. Shell currently ov...
  • LGBTQ Dec 16, 2019

    Hallmark to Reinstate Same-Sex Marriage Commercial It Pulled

    The Hallmark Channel, reversing what it called a “wrong decision,” said Sunday it will reinstate same-sex marriage commercials that it had pulled following a complaint from a conservative group. The earlier decision by Crown Media, Hallmark’s parent company, to pull several ads for the wedding planning site Zola featuring two brides kissing a...
  • LGBTQ Dec 15, 2019

    Under Pressure, Hallmark Pulls Gay-Themed Wedding Ads

    Under pressure from a conservative advocacy group, The Hallmark Channel has pulled ads for a wedding-planning website that featured two brides kissing at the altar. The family-friendly network, which is in the midst of its heavily watched holiday programming, removed the ads because the controversy was a distraction, a spokesperson said i...
  • heart disease Dec 14, 2019

    US Approves Fish Oil-Based Drug for Cutting Heart Risks

    U.S. regulators have approved expanded use of a fish oil-based drug for preventing serious heart complications in certain patients. The Food and Drug Administration on Friday approved Vascepa for reducing risk of potentially deadly or disabling cardiac complications.

  • Donald Trump Dec 14, 2019

    China and US Reach Phase One Trade Deal

    President Donald Trump said Friday that as part of the U.S.-China trade deal Washington will not charge China with any new tariffs and slightly reduce existing tariffs.

  • Dungeons & Dragons Dec 13, 2019

    New ‘Dungeons & Dragons’ Video Game Based on R.A. Salvatore Characters Coming in 2020

    A new video game based on “Dungeons and Dragons” is coming to computers and consoles in the fall of next year. Wizards of the Coast, the Hasbro-owned company behind the popular 45-year-old tabletop game, and video game company Tuque have partnered to create “Dark Alliance,” a third-person action role-playing game. “Once you roll initiative, th...
  • LAX Dec 16, 2019

    Founded in 1983 to Serve LAX, SuperShuttle is Going Out of Business

    The seemingly ever-present blue and yellow vans have been part of the blur of activity at LAX for nearly four decades. SuperShuttle, the shared ride service founded in 1983 to serve the airport, is coming to a stop — for good. The service will cease operations by the end of the year, according to a letter from the company to…

  • Holidays Dec 13, 2019

    Fir Real, Christmas Tree Prices Are Up With Supplies Tight

    With Christmas less than two weeks away, finding the perfect tree might take some searching. The availability of real Christmas trees is tight across the United States, especially for procrastinators looking for a certain type of tree. But industry officials say everyone who wants a tree should be able to find one, they just might have to pay a lit...
  • Dec 14, 2019

    A Look at Fast Food Restaurants Serving Up Plant-Based Meat

    A number of fast-food chains have introduced plant-based meat alternatives in recent months, partnering with meatless companies Beyond Meat or Impossible Foods. They are reacting to consumers’ increased appetite for those foods: from April 2018 to April 2019, the plant-based retail market has registered 11% growth, according to data published...
  • Holocaust Dec 12, 2019

    Owners of Krispy Kreme, Panera, Pret a Manger to Donate Millions Over Family’s Nazi History

    One of Germany’s richest families, which owns Krispy Kreme Doughnuts, Pret A Manger and other international brands, is giving millions to support Holocaust survivors as it seeks to atone for its use of forced laborers during the Nazi era and its enthusiastic support of Adolf Hitler, The Associated Press has learned.

  • Peloton Dec 12, 2019

    Peloton Actress on Controversial Ad: ‘Honestly, I Think It Was My Face’

    The actress who played the wife in a widely panned Peloton holiday commercial said in an exclusive interview Thursday that some of the criticism may have stemmed from her performance and the facial expressions she made.......“Honestly, I think it was just my face,” Monica Ruiz told Hoda Kotb on TODAY Thursday in her first television int...
  • personal finance Dec 11, 2019

    Fed Keeps Rates Unchanged. Here’s Exactly What That Means to You

    The Federal Reserve’s decision Wednesday to keep interest rates steady put the cap on a tumultuous year for consumers. After raising the federal funds rate nine times in three years, with the last hike just one year ago as financial markets were melting down, concerns about a slowing economy and a looming U.S.-China trade war then caused the U.S. c...
  • Boeing Dec 11, 2019

    FAA Predicted More Fatal Boeing 737 Crashes Before Second Crash, Docs Show

    The Federal Aviation Administration predicted more fatal crashes of the Boeing 737 Max after a Lion Air flight went down in October 2018, an internal document released Wednesday showed, but the agency allowed the planes to keep flying until a second Max crashed earlier this year. The FAA and other air safety regulators around the world di...
  • Dec 11, 2019

    LA Seeks Legal Advice on Creating Oil, Gas Drilling Buffers

    Despite warnings of steep financial and legal risks, the Los Angeles City Council voted Tuesday to explore the creation of laws that would require large buffer areas between oil and gas drilling operations and sensitive areas such as neighborhoods and schools. The city’s former petroleum administrator, Uduak-Joe Ntuk, suggested earlier this y...
Contact Us