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Business News

Thursday, Mar 17, 2016 at 11:41 AM EDT

Major Candy Companies Will Stop Advertising to Kids

Major Candy Companies Will Stop Advertising to Kids

With the Easter bunny just hops away, six major candy companies have agreed to stop advertising to kids, including the makers of Peeps, Lemonheads and Jelly Belly candies, NBC News reported. The companies...

Thursday, Mar 17, 2016 at 06:53 AM EDT

Nike Unveils First Self-Lacing Sneaker

Nike Unveils First Self-Lacing Sneaker

Nike Inc. has unveiled its first power-lacing sneaker — it allows users to make the fit looser or snugger on the fly by pressing buttons on the side of the shoe. The world's largest sportswear brand, based in...

Wednesday, Mar 16, 2016 at 04:39 PM EDT

eBay Partners With Shyp for On-Demand Shipping

eBay Partners With Shyp for On-Demand Shipping

EBay, the biggest resale marketplace in the world, announced this week it is expanding a partnership with on-demand shipping startup Shyp. The move comes just in time for people doing their annual spring...

Wednesday, Mar 16, 2016 at 02:58 PM EDT

Fed Keeps Rate Unchanged; Foresees Fewer Hikes

Fed Keeps Rate Unchanged; Foresees Fewer Hikes

The Federal Reserve is keeping a key interest rate unchanged in light of global pressures that risk slowing the U.S. economy. As a result, Fed officials are forecasting that they will raise rates more gradually...

Thursday, Mar 10, 2016 at 12:55 PM EST

Highest Paying Jobs in US for 2016

Highest Paying Jobs in US for 2016

Jobs in technology, law, finance and healthcare command the highest salaries, according to a new roundup of the 25 best-paying positions by job search site Glassdoor. Physicians make the most, with a median...

Wednesday, Mar 9, 2016 at 08:10 AM EST

United Airlines Faces Turbulence Over Board Seats

United Airlines Faces Turbulence Over Board Seats

United Continental Holdings faces a battle with disgruntled shareholders over the direction of the company just as its CEO returns from a five-month absence during which he received a heart transplant.

Tuesday, Mar 8, 2016 at 07:19 PM EST

February's Job Growth Doesn't Mean Wage Increases

February's Job Growth Doesn't Mean Wage Increases

The economy added 242,000 jobs in the month of February, higher than the 190,000 expected by economists. But the gains aren’t enough to propel wage growth forward, according to NBC News. Hourly wages fell...

Wednesday, Mar 2, 2016 at 05:23 PM EST

Police: Ex-Chesapeake CEO Dies in Crash

Police: Ex-Chesapeake CEO Dies in Crash

Aubrey McClendon, a natural gas industry titan, was killed when police say he drove his sport utility vehicle "straight into a wall" in Oklahoma City on Wednesday, a day after he was indicted on a charge...

Wednesday, Mar 2, 2016 at 04:28 PM EST

Sports Authority Files for Chapter 11 Bankruptcy Protection

Sports Authority Files for Chapter 11 Bankruptcy Protection

The retailer said Wednesday that it plans to close or sell about 140 stores and two distribution centers, in Denver and Chicago. The Englewood, Colorado, company has 463 stores in 41 states and Puerto Rico.

Monday, Feb 29, 2016 at 04:37 PM EST

S&P, Nasdaq Post First 3-Month Losing Streak Since 2011

S&P, Nasdaq Post First 3-Month Losing Streak Since 2011

U.S. stocks closed lower Monday, despite gains in oil, as the S&P 500 and Nasdaq composite ended February with losses, CNBC reported. Traders attributed the decline in stocks largely to late-day sell orders...

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