Starbucks holiday sales low, shares down 5 percent Friday
Starbucks disclosed information on its lagging holiday sales this week, coinciding with the coffee chain trading down nearly 5 percent Friday.
St. Louis Fed chief: Good Q3 would put U.S. near ‘sort of full recovery’
The U.S. economy has bounced back surprisingly quickly from the shock of the COVID-19 pandemic and could be within reach of a greater recovery by the end of the year, one Federal Reserve president says.
WhatsApp founder, CEO Jan Koum steps down
Jan Koum, the CEO and co-founder of WhatsApp, announced Monday he is leaving the company, which is owned by Facebook.
‘Black Panther’ tops North American box office for 3rd weekend
"Black Panther: Wakanda Forever" is the No. 1 movie in North America for a third weekend, earning an additional $45.9 million in receipts, BoxOfficeMojo.com announced Sunday.
Report: U.S., Israel ready to clinch largest American security aid deal in history
The United States and Israel are closing in on a massive military aid agreement that will reportedly become the largest security package the American government has ever struck with any nation.
Ford rolls out new ‘Built Ford Proud’ ad campaign
While Ford is taking a hit in China due to the ongoing trade war between Washington and Beijing, the automaker hopes a new ad campaign will lift vehicle sales in the United States.
Investment firm founder settles suit with former company for millions
William Gross, the man who co-founded Pacific Investment Management Company decades ago, reached an agreement with the firm on Monday to dismiss a $200 million civil suit.
Northern Utahns on notice: You’ll soon have 9 fewer places to ‘have it your...
Burger King franchisee Meridian Restaurants Unlimited is closing 27 restaurants it owns in seven states, including its home state of Utah.
Dow falls 62 points as tech losses stall market rally
U.S. markets declined on Monday amid losses in tech stocks, halting momentum for a rally following a strong session on Friday.
Treasury report says lack of competition in U.S. job market keeping wages low
A report from the Treasury Department on Monday pushed back some against the popular belief that the present job market is a workers' market -- underscoring that companies on the whole are still able to get away with underpaying employees.
Obama Declares Historic Women’s Rights Site National Monument On Equal Pay Day
One day after a new study reported that the income gap between American men and women equals $500 billion per year, President Barack Obama underscored his desire to close that gap by declaring a new national monument.
Walmart now limits number of customers in stores, setting up one-way aisles
Walmart headquarters has announced changes taking place in their stores across the U.S. to protect their employees and shoppers during the coronavirus pandemic.
McDonald’s to create spinoff restaurant CosMc’s after Grimace marketing success
July 28 (UPI) -- McDonald's CEO Chris Kempczinski revealed in an investors earning call Thursday that the fast-food giant will create a spinoff restaurant chain...
Norway court finds Tesla guilty, orders fines in suit over battery capacity
A court in Norway has found Tesla guilty and ordered fines after customers complained that a 2019 software update led to poor battery life and slower charging, Nettavisen reported.