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Business News

Wednesday, May 23, 2018 at 05:23 AM EDT

Congress OKs Bill Rolling Back Key Post-Crisis Bank Rules

Congress OKs Bill Rolling Back Key Post-Crisis Bank Rules

Congress moved to dismantle a chunk of the rules framework for banks, installed to prevent a recurrence of the 2008 financial crisis that brought millions of lost jobs and foreclosed homes. The House voted...

Tuesday, May 22, 2018 at 11:28 AM EDT

NY Stock Exchange to Get 1st Female President

NY Stock Exchange to Get 1st Female President

The New York Stock Exchange for the first time in its 226-year history will be led by a woman. Stacey Cunningham, who started her career as a floor clerk on the NYSE trading floor, will become the 67th...

Tuesday, May 22, 2018 at 07:55 AM EDT

10 McDonald's Workers File Sex Harassment Claims in 9 Cities

10 McDonald's Workers File Sex Harassment Claims in 9 Cities

Energized by the #MeToo movement, two national advocacy groups are teaming up to lodge sexual harassment complaints against McDonald's on behalf of 10 women who have worked at the fast food restaurant in nine...

Monday, May 21, 2018 at 03:10 PM EDT

Consumer Reports Won't Recommend Tesla's Model 3

Consumer Reports Won't Recommend Tesla's Model 3

Long emergency stopping distances, difficult-to-use controls and a harsh ride stopped Tesla's Model 3 electric car from getting a recommended buy rating from Consumer Reports. Consumer Reports says the car has...

Tuesday, May 22, 2018 at 07:36 AM EDT

USPS Issuing Scratch-and-Sniff Stamps

USPS Issuing Scratch-and-Sniff Stamps

Letter writers will soon be able to express their sentiments in words and smells. The U.S. Postal Service announced Monday that it will soon issue its first scratch-and-sniff stamps. The stamps feature...

Monday, May 21, 2018 at 05:27 PM EDT

Why US-China Trade Talks Left Toughest Issues Unresolved

Why US-China Trade Talks Left Toughest Issues Unresolved

Facing the risk of a mutually harmful trade war, the world's two biggest economies have put their differences on hold. Yet it's far from clear that a fragile truce between the United States and China can...

Friday, May 18, 2018 at 03:41 AM EDT

Fact Check: Tesla Safety Claims Aren't Quite Right

Fact Check: Tesla Safety Claims Aren't Quite Right

For years, Tesla has boasted that its cars and SUVs are safer than other vehicles on the roads, and CEO Elon Musk doubled down on the claims in a series of tweets this week. The electric vehicles are under...

Thursday, May 17, 2018 at 11:47 PM EDT

$4 Billion Miami-Dade Mega-Mall Approved by County

$4 Billion Miami-Dade Mega-Mall Approved by County

A gigantic $4 billion retail and entertainment complex won government approval Thursday after years of debate, greenlighting what promises to be the largest mall in North America, just a few miles from the...

Thursday, May 17, 2018 at 04:51 PM EDT

Horse Racing Bets Court Ruling Boosts the Sport

Horse Racing Bets Court Ruling Boosts the Sport

Horse racing has been struggling for years to regain a strong footing on the national sports landscape, and owners hope to use betting on other sports to bring fans back to the tracks. The gamble is not a sure...

Friday, May 18, 2018 at 03:41 AM EDT

Racial Slur Written on Starbucks Cup for Hispanic Customer

Racial Slur Written on Starbucks Cup for Hispanic Customer

Just two weeks before Starbucks was set to close thousands of locations for "racial-bias education," for its employees, it is once again facing scrutiny after a barista at its La Cañada location targeted a...

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