Business News

Tuesday, Sep 25, 2018 at 07:27 AM PDT

Nearly $500 Million Up for Grabs in Mega Millions, Powerball

Nearly $500 Million Up for Grabs in Mega Millions, Powerball

Between the country's two biggest lottery games, nearly $500 million in jackpot money is on the table this week. The Mega Millions jackpot has grown to $303 million and Powerball's top prize is now $193...

Tuesday, Sep 25, 2018 at 05:40 AM PDT

Michael Kors to Buy Versace for $2.1 Billion

Michael Kors to Buy Versace for $2.1 Billion

Michael Kors is going high-end. The handbag maker is acquiring Gianni Versace for $2.1 billion, including debt, providing Kors a launching pad into the exclusive high-end European luxury market. Following...

Monday, Sep 24, 2018 at 11:03 AM PDT

Why the 'Gig' Economy May Not Be the Workforce of the Future

Why the 'Gig' Economy May Not Be the Workforce of the Future

The "gig" economy might not be the new frontier for America's workforce after all. From Uber to TaskRabbit to YourMechanic, so-called gig work has been widely seen as ideal for people who want the flexibility...

Monday, Sep 24, 2018 at 11:08 AM PDT

Weight Watchers Slims Down Name to WW

Weight Watchers Slims Down Name to WW

Weight Watchers is trimming its name to just two letters: WW. The company says it is renaming itself to focus more on overall wellness and not just dieting. Its app, for example, will offer tips and meditation...

Monday, Sep 24, 2018 at 06:19 AM PDT

SiriusXM to Buy Pandora in All-Stock Deal Valued at $3.5B

SiriusXM to Buy Pandora in All-Stock Deal Valued at $3.5B

Satellite radio company SiriusXM plans to acquire music streaming service Pandora in a $3.5 billion all-stock deal unveiled Monday. The agreement includes a "go-shop" provision where Pandora "may actively...

Sunday, Sep 23, 2018 at 09:33 PM PDT

Disneyland Resort Hotel Workers Agree to $15 Minimum Wage

Disneyland Resort Hotel Workers Agree to $15 Minimum Wage

Months of protests finally paid off Sunday for Disneyland Resort hotel workers. Disneyland Resort, which includes Disneyland and Disneyland California Adventure theme parks, three hotels and the Downtown Disney...

Monday, Sep 24, 2018 at 01:23 AM PDT

China Hikes Tariffs on More US Imports as Trade Row Intensifies

China Hikes Tariffs on More US Imports as Trade Row Intensifies

China imposed new tariff hikes on U.S. goods on Monday and accused Washington of bullying, giving no sign of compromise in an intensifying battle over technology that is weighing on global economic growth. The...

Saturday, Sep 22, 2018 at 08:48 PM PDT

Comcast Outbids Fox in a $39 Billion Takeover of Sky

Comcast Outbids Fox in a $39 Billion Takeover of Sky

Comcast outflanked Twenty-First Century Fox in a $39 billion takeover of British broadcaster Sky on Saturday, submitting a much higher bid in a three-round auction that pitted two of America's largest media...

Friday, Sep 21, 2018 at 01:59 PM PDT

Target Says Trump Tariffs Would 'Penalize American Families'

Target Says Trump Tariffs Would 'Penalize American Families'

Target is "deeply troubled" by the Trump administration's escalating trade war, saying it threatens to undermine the U.S. economy, penalizes American families and raises prices on everything from backpacks to...

Friday, Sep 21, 2018 at 12:13 PM PDT

Website Pulls Sexy 'Handmaid's Tale' Costume After Backlash

Website Pulls Sexy 'Handmaid's Tale' Costume After Backlash

An online lingerie store removed a sexy “Handmaid’s Tale” costume from its website after receiving massive backlash on social media. The show, which was based on the book by Margaret Atwood, was set in a...

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