Result Page 1030 for Latest Business News & Archive

Target Stock Jumps 8% On Q1 Earnings Beat

Leading U.S. retailer, Target Corporation reported its first-quarter results that beat analysts’ expectations. Target shares jumped nearly 8 percent in premarket trading following the news.

Dodge Ram Truck Recall 2019: Defective Tailgate Latches Could Open While Driving

Fiat Chrysler Automobiles has recalled 410,351 Dodge Ram pickup trucks for a power-locking tailgate issue that could cause the latch to unintentionally open and spill contents from the truck bed on to the roadway while driving.

Amazon's Jeff Bezos 'Very Excited' With Electric Cars As Rivian Investment Grows

Amazon it boosting its investments in electric vehicles to boost Amazon deliveries.

Widow Sues Boeing For $276M Over Ethiopian Airlines Crash That Killed Her Husband

A French widow has sued Boeing for her husband’s death in the March 10 Ethiopian Airlines crash that killed 157 people on board. The lawsuit seeks $276 million in damages for the crash of the 737 MAX 8 aircraft.

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Chrysler Pacifica Minivan Recall 2019: Possible Stalling Or Loss Of Power Steering Could Lead To A Crash

Fiat Chrysler Automobiles has recalled 198,731 Pacifica minivans for a potential wiring issue that could cause a loss of power steering or abrupt stalling that could lead to a crash.

Home Depot Q1 Earnings Beat Expectations, But Same-Store Sales Fall Short

Leading home improvement retailer Home Depot reported its fiscal first-quarter earnings on Tuesday and exceeded analysts’ expectations.

Granola Recall 2019: How To Get A Replacement Bag Or Bar?

Purely Elizabeth has recalled several varieties of granola and bar products for a possible rock, glass, or plastic contamination.

Video Shows Shanghai Tesla Gigafactory 3 Is Almost Complete, 'Sci-Fi' Projects Still Possible

Elon Musk should focus his investments on restoring the financial health of his flagship firm, Tesla Inc., say analysts.

US-China Trade War Could Lead To Global Recession, Economist Says

The trade war between the U.S and China holds ominous consequences for the global economy and the risk of recession is very high, warned an economist with Morgan Stanley.

Dressbarn Closing All 650 Stores, Ascena Retail Group Says

Ascena Retail Group did not say when Dressbarn will shut all its stores. Dressbarn employs about 6,800 people.

‘Game Of Thrones’ Finale Broke Records, But HBO Now Subscribers May Cancel Soon

Game Of Thrones is gone but the finale leaves many fans unsatisfied.

Nike, Under Armour Urge Trump To Lift China Tariffs On Footwear

Leading footwear companies in the U.S have come out against President Donald Trump’s China tariffs.

Trump's Huawei Ban Is Hurting US Tech Companies, Stocks Plunge

Huawei's blacklisting is dragging down U.S. tech stocks and more pain is forthcoming.

FCC To Approve Sprint, T-Mobile Merger For $26.5 Billion; DOJ Approval Uncertain

The FCC will approve the Sprint, T-Mobile merger but the DOJ doesn't seem to be on the same page.

What Is Robert Frederick Smith's Net Worth? Meet The Billionaire That Paid Off 400 College Seniors’ Student Loans

A look at the net worth of billionaire investor Robert Frederick Smith, who announced he will pay the student loans for the 400 graduating seniors at Morehouse College.

Ford Job Cuts: Why Is The Automaker Cutting 7,000 Jobs?

Ford announced in a letter to employees that it will be cutting 7,000 jobs by the end of August as part of its restructuring plans.

What is Little Caesars’ Impossible Pizza? Features Meatless, Plant-Based Sausage

Little Caesars, the third-largest pizza chain in the United States, will join the lucrative plant-based protein market and offer “Impossible Supreme pizza” with non-meat sausage topping.

Beef Frank Recall 2019: Metal Contamination Causes Recall Of More Than 2,000 Pounds Of Beef Frank Links

Vienna Beef has recalled more than 2,000 pounds of beef frank links for a possible metal contamination.

Airbnb Scam: Users Charged For Fake Bookings, Hacked Accounts Deleted

Beware of an ongoing Airbnb scam that can hack your account and steal your money.

US Economic Calendar For The Week Of May 20, 2019

International Business Times poll on major U.S. economic releases scheduled for the week of May 20, 2019.

Deutsche Bank Didn’t Report Trump’s Suspicious Transactions to Federal Watchdog, NYT Reveals

Deutsche Bank reportedly hushed up an insider report that flagged suspicious deals of the businesses run by President Donald Trump and Jared Kushner and never took the matter to the American watchdog.

Google Suspends Android Updates For Huawei After Trump's Trade Blacklist

Google has heeded the Trump administration's call for U.S. firms to stop doing business with Huawei.

Grubhub Has Been Charging Restaurants For Bogus Orders, Philadelphia Case Reveals

Grubhub, America’s largest food ordering service is battling a lawsuit for allegedly taking commissions from restaurant owners for unexecuted orders and telephonic queries of customers.

Who Is Robert F. Smith? Billionaire To Pay Student Loans Of 400 Morehouse Graduates

Robert Smith is the richest African-American billionaire.

Hydropower’s Dangerous Bid To Re-cast Itself As 'Green'

The hydropower industry, which is driving freshwater extinctions and contributing to climate change, is on a desperate quest to erase its rapacious past and recast itself as a green energy source for the future.

How Chase And The Big Banks Undermine Climate Action

Any progress on climate change is close to impossible if billions continue to be poured into coal, oil and gas projects.

Fred’s Closes More Stores: A Full List Of Store Closures

Fred's has announced that it will close 104 more stores by the end of June with liquidation sales starting Friday.

Store Closures 2019: Children’s Place To Close 40 To 45 Stores By Year-End

Children's Place said it will close 40 to 45 stores in 2019 with plans to open 10 new locations by year-end.

Trump To Delay Auto Tariffs For Six More Months

The Trump administration will go slow on auto tariffs and may delay it until the end of this year. In the interim, talks with the trading partners will go on.

Tattoo Ink Recall 2019: FDA Warns Consumers Of Bacteria Contamination That Could Lead To Infection Or Scarring

The U.S. Food and Drug Administration has recalled six tattoo inks because they contain bacteria that could lead to an infection or scarring on the tattoo site.

Lower Open Likely For US Markets, Oil Steady

Lower open likely for the U.S. markets Friday after key equity-index futures looked down in the morning.

Amid Trade Tensions, China Cuts US Debt Holdings To Lowest Level In 2 Years

Amidst soaring trade tensions with the U.S, China sold the maximum US debt holdings (Treasuries) during March. That was the highest volume of Treasuries sale recorded in more than two years.

Pinterest Stock Plunges 15% As Q1 Losses Three-Times Higher Than Expected

The shares of the social network Pinterest fell 15 percent Thursday soon after its first-quarter 2019 earnings report came out. It became a public company in April.