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Thursday, Jul 25, 2019 at 04:39 PM PDT

Southwest Pulls Out of Newark Amid Boeing Max 737 Woes

Southwest Pulls Out of Newark Amid Boeing Max 737 Woes

Southwest Airlines is pulling out of Newark Liberty International Airport and consolidating its operations at LaGuardia due to the continued grounding of the Boeing 737 Max plane, which it has more of than...

Thursday, Jul 25, 2019 at 03:09 AM PDT

Nissan to Slash 12,500 Jobs to Cut Costs, Achieve Turnaround

Nissan to Slash 12,500 Jobs to Cut Costs, Achieve Turnaround

Nissan is slashing 12,500 jobs or about 9% of its global workforce to cut costs and achieve a turnaround amid tumbling profits, the Japanese automaker said Thursday. Nissan Motor Co. also said it will cut...

Wednesday, Jul 24, 2019 at 11:46 PM PDT

Tesla Posts $408M Loss in 2Q, Causing Stock to Plummet

Tesla Posts $408M Loss in 2Q, Causing Stock to Plummet

Tesla lost $408 million in its latest quarter as it struggles to prove it can make money selling electric cars at mass-market prices. “We have to make cars more affordable,” Musk conceded.

Wednesday, Jul 24, 2019 at 03:59 PM PDT

DoorDash CEO: Company Will Pay Full Tips Following Backlash

DoorDash CEO: Company Will Pay Full Tips Following Backlash

DoorDash CEO Tony Xu said on Twitter on Wednesday that the company will soon change its policy to make sure that its drivers receive the full tip given by customers. The comments come following a backlash...

Tuesday, Jul 23, 2019 at 04:54 PM PDT

FDA Warns Marijuana Company Curaleaf for Making CBD Health Claims

FDA Warns Marijuana Company Curaleaf for Making CBD Health Claims

U.S. regulators warned a leading marijuana company for making unproven health claims about CBD, the trendy ingredient that's turning up in lotions, foods and pet treats. The Food and Drug Administration...

Wednesday, Jul 24, 2019 at 10:40 AM PDT

Boeing CEO Raises Possibility of Pausing Max Production

Boeing CEO Raises Possibility of Pausing Max Production

Boeing's CEO says the company will consider temporarily shutting down production of the 737 Max if the plane's return is significantly delayed beyond the company's October forecast. The comment by Chairman and...

Tuesday, Jul 23, 2019 at 08:53 AM PDT

Amazon Partners With Realogy, Sending the Real-Estate Brokerage Giant’s Shares Soaring

Amazon Partners With Realogy, Sending the Real-Estate Brokerage Giant’s Shares Soaring

Realogy stock surged more than 25% in Tuesday’s premarket after it announced a deal with Amazon. The largest residential real estate brokerage company in the nation is partnering with the largest online...

Monday, Jul 22, 2019 at 01:39 PM PDT

Microsoft Pays $25 million to Settle Corruption Charges

Microsoft Pays $25 million to Settle Corruption Charges

Microsoft is paying more than $25 million to settle federal corruption charges involving a bribery scheme in Hungary and other foreign offices. The U.S. Securities and Exchange Commission said Microsoft will...

Friday, Jul 26, 2019 at 10:32 AM PDT

Equifax Data Breach Settlement: What You Should Know

Equifax Data Breach Settlement: What You Should Know

Equifax will pay up to $700 million to settle with the Federal Trade Commission and others over a 2017 data breach that exposed Social Security numbers and other private information of nearly 150 million people....

Sunday, Jul 21, 2019 at 05:56 PM PDT

As Instagram Tests Its 'Like' Ban, Influencers Will Have to Shift Tactics to Make Money

As Instagram Tests Its 'Like' Ban, Influencers Will Have to Shift Tactics to Make Money

Instagram's test of hiding "likes" on posts just expanded to more markets around the globe. For influencers, or individuals who work with brands to promote services or products on social media, this will likely...

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