Business News

FILE- In this Jan. 4, 2019, file photo Mario Picone, center, works with fellow specialists on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Monday, Jan. 7. (AP Photo/Richard Drew, File)
January 07, 2019 - 10:37 pm
BANGKOK (AP) — Shares were mixed in Asia on Tuesday as officials kept silent on talks in Beijing aimed at resolving trade tensions with the U.S. KEEPING SCORE: Japan's Nikkei 225 index gained 1.1 percent to 20,251.42 and the Hang Seng in Hong Kong added 0.3 percent to 25,905.82. Australia's S&P...
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FILE - This Oct. 23, 2018, file photo shows an Amazon logo atop the Amazon Treasure Truck The Park DTLA office complex in downtown Los Angeles. Amazon has eclipsed Microsoft as the most valuable publicly traded company in the U.S. as a see-sawing stock market continues to reshuffle corporate America's pecking order. The shift occurred Monday, Jan. 7, 2019, after Amazon's shares rose 3 percent to close at $1,629.51 and lifted the e-commerce leader's market value to $797 billion. (AP Photo/Richard Vogel, File)
January 07, 2019 - 3:53 pm
SAN FRANCISCO (AP) — Amazon has eclipsed Microsoft as the most valuable publicly traded company in the U.S. as a see-sawing stock market continues to reshuffle corporate America's pecking order. The shift occurred Monday after Amazon's shares rose 3 percent to close at $1,629.51 and lifted the e-...
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Bureau of Labor
January 07, 2019 - 3:48 pm
The Bureau of Labor Statistics (BLS) released its final monthly Employment Situation Report of 2018, marking a great year for American workers and the economy as a whole. Total nonfarm payroll employment rose by 312,000 jobs in December (see figure), far exceeding market expectations (180,000) as...
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January 07, 2019 - 1:50 pm
(WASHINGTON) -- With its screeners facing the possibility of their first missed paycheck on Friday, the Transportation Security Administration is preparing contingency plans so airport security standards do not suffer in case employee call-outs increase further and begin to have an effect on wait...
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NoDerog/iStock
January 07, 2019 - 5:10 am
(WASHINGTON) -- Like millions of Americans suffering from bone loss, Lorice Cortez embraced the prescription drug Fosamax with the hope of stopping osteoporosis in its tracks. But in August 2009 -- a decade after she began regularly taking the medicine produced by pharmaceutical giant Merck --...
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Ilya S. Savenok/Getty Images for Glamour
January 07, 2019 - 4:38 am
(NEW YORK) -- “The worst advice I ever received was to stop dancing,” Payal Kadakia, founder and executive chairman of ClassPass, told ABC News’ chief business, technology and economics correspondent, Rebecca Jarvis. Kadakia said it’s dance that inspired her to start her company, ClassPass, a...
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David Becker/Getty Images
January 05, 2019 - 4:09 pm
(LAS VEGAS) -- The second week in January is like Christmas for gearheads and technofiles because it’s when the annual CES tech convention hits the Las Vegas strip. The Consumer Technology Association, which operates CES, is expecting 182,000 people to attend the trade show this year and 4,400...
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AP Photo/Richard Drew
January 04, 2019 - 8:20 pm
Global stocks soared Friday and reversed the big losses they suffered just a day earlier. The Dow Jones Industrial Average rallied 746 points in the latest twist in a wild three months for markets. Hopes for progress in the U.S.-China trade dispute, a strong report on the U.S. jobs market and...
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January 04, 2019 - 4:12 pm
LOS ANGELES (AP) — The operator of The Weather Channel mobile app tracks the whereabouts of users and sells their data to third parties, Los Angeles prosecutors said as they sued to stop the practice. The company misled users of the popular app to think their location data would only be used for...
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January 04, 2019 - 11:53 am
(WASHINGTON) -- "Welcome to the IRS. Live telephone assistance is not available at this time. Normal operations will resume as soon as possible." This is the message anyone calling to ask about tax matters heard after dialing the Internal Revenue Service this week. The IRS has sent close to 90...
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