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Business News

Wednesday, Nov 11, 2015 at 07:00 AM EST

China's Online Singles' Day Nets Record Sales

China's Online Singles' Day Nets Record Sales

China’s e-commerce giant Alibaba has passed its record halfway through its Singles’ Day shopping event, NBC News reported. In the first eight minutes of this year’s sale, the company generated more than...

Tuesday, Nov 10, 2015 at 06:47 AM EST

Safety Experts Release New Booster Seat Ratings

Safety Experts Release New Booster Seat Ratings

The Insurance Institute for Highway Safety released its latest safety ratings for booster seats on Tuesday. Twenty of the 23 seats earned the highest rating. The IIHS said the seats would provide a good...

Monday, Nov 9, 2015 at 07:08 PM EST

VW Offers $1,000 Credit Cards to Owners of Cheating Diesels

VW Offers $1,000 Credit Cards to Owners of Cheating Diesels

Volkswagen's U.S. subsidiary said on Monday it will offer $1,000 worth of credit cards, of which half may be spent at VW and Audi dealerships, to owners of certain diesel models the company has admitted do...

Friday, Nov 6, 2015 at 02:10 PM EST

Verizon Considers Sale of Business Services, Data Storage Assets

Verizon Considers Sale of Business Services, Data Storage Assets

Verizon Communications Inc. is exploring a sale of its enterprise assets, according to people familiar with the matter, as the largest U.S. wireless carrier seeks to focus on its core business, NBC News...

Friday, Nov 6, 2015 at 10:01 AM EST

U.S. Hiring on Fire in Oct., Jobless Rate Falls to 5 Percent

U.S. Hiring on Fire in Oct., Jobless Rate Falls to 5 Percent

U.S. hiring roared back in October after two disappointing months as employers added 271,000 jobs, the most since December. The unemployment rate fell to a fresh seven-year low of 5 percent. Companies shrugged

Friday, Nov 6, 2015 at 07:01 AM EST

U.S. Jobs Data to Indicate Pace of Hiring

U.S. Jobs Data to Indicate Pace of Hiring

When the government issues its October jobs report Friday morning, the data may address a key question: Has the U.S. job market downshifted into a slower pace of hiring? The report could signal a third straight...

Thursday, Nov 5, 2015 at 04:29 PM EST

Girl Scout's Bumping Cookies to $5 a Box

Girl Scout's Bumping Cookies to $5 a Box

After years of holding prices steady, more Girl Scout councils are boosting cookie prices to $5 a box. "The No. 1 factor was us hearing feedback from adult volunteers that girls had such a great experience...

Thursday, Nov 5, 2015 at 12:40 PM EST

Expedia to Buy HomeAway for $3.9 Billion

Expedia to Buy HomeAway for $3.9 Billion

Travel booking site Expedia says it's buying short-term rental marketplace HomeAway for $3.9 billion to boost its presence in the vacation rental market. Expedia said Wednesday it's paying roughly $38.31 in cash...

Thursday, Nov 5, 2015 at 06:51 AM EST

Kraft Heinz to Close 7 Plants, Cut 2600 Jobs

Kraft Heinz to Close 7 Plants, Cut 2600 Jobs

Kraft Heinz will close seven plants in the U.S. and Canada as part of a downsizing that will eliminate 2,600 jobs, or roughly 14 percent of its North American factory workforce, the newly merged food company...

Tuesday, Nov 3, 2015 at 06:56 AM EST

Wal-Mart to Get Help from Santa in Holiday Shopping War

Wal-Mart to Get Help from Santa in Holiday Shopping War

Santa Claus will be coming to Wal-Mart this holiday season, NBC News reported. The retail giant is banking on an army of Santas and other holiday attractions to help regain market share from its biggest...

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