Business News

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June 03, 2019 - 2:20 pm
(NEW YORK) -- Jay-Z is officially the first rapper to amass a billion-dollar fortune. For their latest cover story, Forbes magazine details how the Brooklyn-born mogul cinched the title through investments in art, liquor, real estate and shares in tech companies like Uber. According to Forbes , Jay...
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June 03, 2019 - 1:10 pm
(NEW YORK) -- Nearly 12 million customers of one of the nation’s biggest blood testing providers may have had their personal information compromised in a cyberattack, Quest Diagnostics officials said Monday in a regulatory filing. A billing collections vendor notified Quest Diagnostics of the...
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bhofack2/iStock (FILE photo)
June 03, 2019 - 11:31 am
(WASHINGTON) -- Perdue Foods has recalled nearly 32,000 pounds of ready-to-eat chicken products that may have been contaminated with extraneous materials, according to the U.S. Department of Agriculture. The chicken products, which are fully cooked, were produced on March 21 and could contain bone...
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June 03, 2019 - 5:59 am
(NEW YORK) -- Boeing told officials with the Federal Aviation Administration (FAA) that certain parts on its grounded 737 Max passenger planes may have been improperly manufactured, the administration revealed. The FAA released a statement on Sunday, saying the aircraft maker had expressed concern...
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June 03, 2019 - 5:31 am
A new report says a May survey of business supply managers suggests economic growth will slow over the next three to six months in nine Midwest and Plains states. The report issued Monday says the Mid-America Business Conditions Index dropped to 54.3 last month from 55.9 in April. The figure was 58...
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June 02, 2019 - 5:41 pm
Boeing is telling some airlines flying its 737 model to replace a part on the planes' wings, a move that could affect more than 100 aircraft. Boeing said on Sunday that it is working with federal regulators and contacted airlines about potential problems discovered in one batch of "slat tracks"...
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In this photo taken Monday, May 20, 2019, a man stands outside a Huawei store in Beijing. The Financial Times reported Friday, May 31, 2019 that tech giant Huawei has ordered its employees to cancel technical meetings with American contacts and has sent home numerous U.S. employees working at its Chinese headquarters. (AP Photo/Ng Han Guan)
May 31, 2019 - 9:13 pm
In an ominous but vague warning, China said Friday that it was drawing up a list of "unreliable" foreign companies, organizations and individuals for targeting in what could signal retaliation for U.S. sanctions on the Chinese tech powerhouse Huawei. "We think it may be the beginning of Beijing's...
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May 31, 2019 - 6:31 pm
(WASHINGTON) -- From cars to avocados, the biggest hit from President Donald Trump’s threatened tariffs on imports from Mexico would likely be on American consumers' wallets. The tariffs are expected to start at 5% beginning June 10 and could end up going as high as 25% by October, according to the...
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May 31, 2019 - 9:52 am
(NEW YORK) -- Grab your lottery tickets because the drawing for the $444 Mega Millions jackpot is Friday night. The cash value is estimated at $221 million. The numbers will be drawn at 11 p.m. Winners must match all five numbers plus the Mega Ball to take home the big prize. For the lowest prize...
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May 31, 2019 - 8:35 am
(WASHINGTON) -- Gasoline that contains a higher percentage of ethanol should be available to drivers around the country this summer, the Trump administration announced Friday. The Environmental Protection Agency finalized a proposal to lift limits on the amount of ethanol in gasoline, saying it...
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