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Business News

Monday, Jun 12, 2017 at 01:26 PM PDT

Gymboree Files For Bankruptcy

Gymboree Files For Bankruptcy

Children's clothing retailer Gymboree has filed for Chapter 11 bankruptcy and says it may close up to 450 stores.

Monday, Jun 12, 2017 at 07:16 AM PDT

Longtime GE CEO Stepping Down After Transforming the Company

Longtime GE CEO Stepping Down After Transforming the Company

General Electric says Jeff Immelt is stepping down as CEO and John Flannery, president and CEO of the conglomerate's health care unit, will take over the post in August. The 61-year-old Immelt will stay on...

Thursday, Jun 8, 2017 at 01:16 PM PDT

Verizon Wants to Make Web Ad Dollars With Yahoo Purchase

Verizon Wants to Make Web Ad Dollars With Yahoo Purchase

Verizon has a simple goal in buying Yahoo: It wants to challenge Google and Facebook in the huge and lucrative field of digital advertising. But Verizon faces its own challenge in doing so, given that it will be...

Wednesday, Jun 7, 2017 at 04:47 PM PDT

Layoffs Could Total 1,000 as AOL and Yahoo Complete Merger

Layoffs Could Total 1,000 as AOL and Yahoo Complete Merger

Layoffs are expected to take place across AOL and Yahoo that could number up to 1,000 jobs, or 20 percent of the combined company, sources told Recode. The merger between the two companies — after Verizon bought...

Thursday, Jun 8, 2017 at 11:23 AM PDT

Free Taco Bell Thanks to Warriors

Free Taco Bell Thanks to Warriors

Want another reason to love the Golden State Warriors? Free Doritos Locos Tacos for everyone in America next week.

Tuesday, Jun 6, 2017 at 07:26 PM PDT

Golden State Warriors Now Valued at $2.6 Billion: Forbes

Golden State Warriors Now Valued at $2.6 Billion: Forbes

According to Forbes, the Golden State Warriors are now valued at $2.6 billion. That ranks as the third-most valuable NBA franchise behind the New York Knicks and Los Angeles Lakers.

Wednesday, Jun 7, 2017 at 03:25 AM PDT

Mom Seeks Friends: New App Matches Moms

Mom Seeks Friends: New App Matches Moms

A new app on the tech scene allows for new moms from different walks of life to connect with each other nearby in a Tinderesque fashion, reported NBC News. Peanut, a new app created by mom Michelle Kennedy,...

Friday, Jun 2, 2017 at 10:36 AM PDT

Here's What to Expect From Apple’s Big Event Next Week

Here's What to Expect From Apple’s Big Event Next Week

Next week Apple is set to have its developer's conference, known as WWDC, where tech experts are expecting Apple to discuss new hardware and software, CNBC reported. Most likely, Apple will reveal its new...

Thursday, Jun 1, 2017 at 07:41 AM PDT

Uber Posts $708M Loss as Revenue Grows; Finance Head Quits

Uber Posts $708M Loss as Revenue Grows; Finance Head Quits

Ride-hailing giant Uber has reported another multimillion dollar loss even as its revenues grow.

Thursday, Jun 1, 2017 at 03:38 AM PDT

Chinese Maker of Ivanka Trump Shoes Denies Labor Violations

Chinese Maker of Ivanka Trump Shoes Denies Labor Violations

A Chinese company that makes shoes for Ivanka Trump and other brands denied allegations Thursday of excessive overtime and low wages made by three activists who have been arrested or disappeared. The Associated...

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