Facebook posted stronger-than-expected results for its first quarter, helped by a growing number of users and higher advertising revenue, especially on mobile devices.
The social media giant on Wednesday...
Wednesday, Apr 27, 2016 at 04:21 PM EDT
'Partners': Chobani CEO Gives Employees Shares in Company
Chobani said Tuesday it is giving its employees an ownership stake in the privately held company.
The Greek yogurt maker said the shares being distributed would amount to 10 percent of the company's future...
Wednesday, Apr 27, 2016 at 03:24 PM EDT
Fed Keeps Key Rate Unchanged, Gives No Hint of Next Hike
The Federal Reserve is keeping a key interest rate unchanged against the backdrop of a global economic slump and providing no hint of when its next rate hike may occur.
A statement the Fed issued after...
McDonald's is testing Chicken McNuggets with no artificial preservatives as it works to revive its U.S. business.
The world's biggest hamburger chain says it began testing the new recipe in about 140 stores in...
The U.S. Justice Department approved Charter Communications' proposed purchase of Time Warner Cable and Bright House networks on Monday, Reuters reports.
The Justice Department valued the purchase of Time...
Sears Holdings Corp. will close another 78 stores — 68 Kmart units, and 10 Sears stores — as it looks to restore profitability.
That accounts for about 5 percent of its store base, which is nearly 1,700...
Thursday, Apr 21, 2016 at 08:51 PM EDT
Trans-Alaska Pipeline Resumes Oil Production After Fire
The Trans-Alaska Pipeline resumed operations after a fire at a pumping station forced officials to shut it down on Wednesday, according to the company running the system, NBC News reported.
An employee noticed...
Tuesday, Apr 19, 2016 at 05:09 PM EDT
Intel to Cut 12K Jobs, Reducing Workforce by 11 Percent
Shares of Intel fell nearly 3 percent after the bell Tuesday as it announced it would cut 12,000 jobs, or 11 percent of its workforce, by 2017, due to restructuring, CNBC reports.
Intel, based in Santa Clara,
Monday, Apr 18, 2016 at 11:31 AM EDT
Last-Minute Tax Day Filing: How to Pay Uncle Sam at Deadline
Waiting until the last minute to pay your taxes can cost you if you are expecting a refund, since the government hangs on to your money and receives more interest on it. However, if you owe money to the...