Business News

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Steve McIntosh
February 04, 2020 - 9:46 am
How soon can Spirit AeroSystems get production going again on the fuselages for the Boeing 737 MAX here in Wichita? That will come after recertification of the MAX to fly again ... after two deadly crashes. Sedgwick County Commission Chair Pete Meitzner tells KNSS News there are aready fuselages...
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February 04, 2020 - 7:01 am
(NEW YORK) -- It's sort of like training wheels for social media. That's a pretty accurate way of explaining what Facebook's app -- Messenger Kids -- is. It's designed for kids ages 6-12 and downloaded using a parent's Facebook account. Antigone Davis, head of Global Safety at Facebook, told ABC...
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iStock
February 03, 2020 - 4:34 pm
(NEW YORK) -- Facebook executive Sheryl Sandberg announced she is engaged to Tom Bernthal, the CEO of a consulting firm, in a Facebook post Monday. "You are my everything. I could not love you more," Sandberg captioned the post, featuring a photo of the two announcing the engagement. The news comes...
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zodebala/iStock
February 03, 2020 - 12:49 pm
(NEW YORK) -- Fast-fashion chain Forever 21 announced it reached a tentative $81 million agreement with a buyer to come out of bankruptcy and keep its retail and e-commerce stores open. "Forever 21 filed a motion with the bankruptcy court seeking approval to sell the Forever 21 business to a new...
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Nikada/iStock
February 03, 2020 - 10:15 am
(CUPERTINO, Calif.) -- Apple announced over the weekend it was temporarily shuttering all of its stores and offices in mainland China as the number of coronavirus cases soared to more than 17,000 globally with a vast majority in China. "Our thoughts are with the people most immediately affected by...
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FILE - In this Jan. 22, 2020, file photo a store front is closed below an Express retail clothing store in Valley West Mall in West Des Moines, Iowa. On Tuesday, Jan. 28, the Conference Board reports on U.S. consumer confidence for January. (AP Photo/Andrew Harnik, File)
KNSS News
February 03, 2020 - 8:33 am
A consortium of buyers, including mall owners Simon Property Group and Brookfield Property Partners, is bidding $81 million for Forever 21, the ubiquitous mall staple that filed for bankruptcy protection in September. Simon and Brookfield are Forever 21's biggest landlords. The other bidder is...
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lcva2/iStock
February 02, 2020 - 11:48 am
(NEW YORK ) -- Microsoft has announced a plan to become carbon negative by 2030 and to remove all the carbon they have emitted since their founding by 2050. The company will need to remove more carbon from the air than they release each year to become carbon negative. Microsoft's Chief...
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OSTILL/iStock
January 31, 2020 - 4:25 pm
(NEW YORK) -- New York City officials and advocates proposed Friday that its yellow cab drivers, who are struggling with growing debt from taxi medallions that have plummeted in value, adopt surge pricing to compete with ride-sharing companies including Uber and Lyft. The city's Taxi Medallion Task...
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400tMax/iStock
January 31, 2020 - 3:55 pm
(NEW YORK) -- The Dow Jones Industrial Average closed down 603 points, about 2%, on Friday, as the novel coronavirus outbreak has stoked uncertainty for investors. The S&P 500 and Nasdaq also tumbled, by 1.8% and 1.6% respectively, after authorities in China said coronavirus cases there now top...
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Bethany Freudenthal/Sun-News via Imagn Content Services, LLC
Bethany Freudenthal/Sun-News via Imagn Content Services, LLC
KNSS News
January 31, 2020 - 1:47 pm
Oklahoma City-based Sonic Corp. will lay off employees at its headquarters and transfer others to Atlanta, the home of its parent company. Sonic spokeswoman Christi Woodworth said Friday the changes are part of Sonic's integration into Inspire Brands, which bought the drive-in restaurant chain in...
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