Business News

January 20, 2020 - 4:57 pm
(NEW YORK) -- Twitter adversaries President Donald Trump and teen climate change activist Greta Thunberg may come face-to-face at the annual World Economic Forum meeting this week, and all eyes are on their potential showdown at Davos. Trump, 73, is slated to give a special address at the...
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January 20, 2020 - 12:58 pm
A development group behind much of the construction at Wichita State's Innovation Campus wants to build a new home on the campus for a Wichita technology company. M-W-C-B L-L-C on Tuesday will ask the Wichita City Council for 33 million dollars in industrial revenue bonds. The money would go toward...
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January 20, 2020 - 12:22 pm
(DAVOS, Switzerland) -- The world's political and economic elite are descending on the small Swiss Alps town of Davos this week for the annual World Economic Forum meeting where they hope to set this year's "global, regional and industry agendas." Approximately 3,000 people will be attending this...
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January 20, 2020 - 10:36 am
(NEW YORK) -- Snickers raised its own bar with a whopping world record and a big promise for the brand's Super Bowl commercial. Mars Wrigley, the company behind the candy bar, created a version of its confection that weighed in over two metric tons and set a new Guinness World Record for the...
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French President Emmanuel Macron delivers a speech as he visits a plant of British-Swedish pharmaceutical group Astrazeneca in Dunkirk, northern France, Monday, Jan. 20, 2020. French President Emmanuel Macron is hosting 180 international business leaders later today at the Palace of Versailles in a bid to promote France's economic attractiveness despite over six weeks of crippling strikes over his government's planned pension changes.(Denis Charlet/Pool Photo via AP)
January 20, 2020 - 9:00 am
PARIS (AP) — France's president is taking on the role of salesman in chief for his strike-battered country. Emmanuel Macron used the splendor of the Palace of Versailles to woo international business leaders on Monday, insisting that his reforms are attracting investors despite six weeks of...
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Stefanie Keenan/Getty Images for The Business of Fashion
January 20, 2020 - 5:52 am
(NEW YORK) -- Stitch Fix founder and CEO Katrina Lake made history in 2017 when she became the youngest female founder to take a company public at just 34. Founded in 2011, the online personal styling service became profitable within three years and now serves more than three million clients,...
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om Gilbert/Tulsa World via AP
January 17, 2020 - 6:22 pm
Moody's Investors Service says that layoffs at Spirit AeroSystems are “credit negative” for the city of Wichita, Sedgwick County and local communities because the workforce reduction threatens retail sales. That lowers sales tax revenues that support government budgets. The credit rating service...
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January 17, 2020 - 3:04 pm
(NEW YORK) -- Boeing potentially faces more delays for the return of its 737 Max jets after another software issue surfaced during an audit meeting with regulators last weekend, sources tell ABC News. The 737 Max has been grounded for almost 10 months after it was connected to two crashes that...
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FILE - In this Oct. 31, 2019 file photo, a Fiat logo is pictured on a car in Bayonne, southwestern France. Fiat Chrysler Automobiles and PSA Peugeot announced Wednesday, Dec. 18, 2019, that their boards signed a binding deal to merge the two automakers, creating the world’s fourth-largest auto company. (AP Photo/Bob Edme, File)
January 17, 2020 - 1:34 pm
MILAN (AP) — Fiat Chrysler is in talks with the Taiwanese company Foxconn to develop and manufacture battery-powered vehicles, the U.S.-Italian automaker said Friday. Fiat Chrysler is in the process of merging with France's PSA Peugeot, which is 12% owned by Chinese company Dongfeng Motor Co. Both...
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Anatoliy Sizov/iStock
January 17, 2020 - 12:13 pm
(PHOENIX) -- A $4 fee for hailing an Uber or Lyft to or from the airport in Phoenix has garnered a firestorm of reaction from residents and ride-share companies, and now Arizona's attorney general says he believes it's likely unconstitutional. The fee tacked onto any ride to or from the Sky Harbor...
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