Business News

Thursday, Sep 19, 2019 at 06:10 PM PDT

FAA Chief Meets Boeing Officials, Tries Out Max Simulator

FAA Chief Meets Boeing Officials, Tries Out Max Simulator

The chief of the Federal Aviation Administration tested the Boeing 737 Max in a flight simulator Thursday, but the FAA declined to say how its updated anti-stall software performed. That software kicked in...

Thursday, Sep 19, 2019 at 03:38 PM PDT

'Middle of the Herd' No More: Amazon Tackles Climate Change

'Middle of the Herd' No More: Amazon Tackles Climate Change

Online shopping giant Amazon revealed a carbon footprint Thursday that rivals that of a small country and vowed to reduce the damage to the planet by cutting its use of fossil fuels. The company, which ships...

Thursday, Sep 19, 2019 at 02:12 PM PDT

Vaping-Related Lung Illnesses Climb to 530 Cases, 8 Deaths

Vaping-Related Lung Illnesses Climb to 530 Cases, 8 Deaths

An outbreak of a deadly vaping-related lung disease has sickened 530 people — mostly young men — and killed eight, federal health officials said Thursday, adding that investigators still haven’t found a...

Thursday, Sep 19, 2019 at 10:44 PM PDT

Airbnb Says It Will Go Public in 2020

Airbnb Inc. said Thursday it plans to go public in 2020, a long-awaited move by the home-sharing company that is both loved and reviled for its disruption of the accommodation sector.

Wednesday, Sep 18, 2019 at 05:23 PM PDT

Pentagon Visits to Trump's Scotland Resort Cost Nearly $200K

Pentagon Visits to Trump's Scotland Resort Cost Nearly $200K

The U.S. military spent almost $200,000 at President Donald Trump’s Scottish resort between 2017 to 2019, according to documents provided to Congress by the Pentagon. In a Sept. 12 letter to the House Oversight...

Thursday, Sep 19, 2019 at 08:16 AM PDT

How the Fed Rate Cut Impacts Your Wallet

How the Fed Rate Cut Impacts Your Wallet

On Wednesday, the Fed announced it was cutting its benchmark interest rate by one quarter of a percentage point, its second rate cut this year. "When the Fed raises or reduces the cost of money, it affects...

Wednesday, Sep 18, 2019 at 01:15 PM PDT

Tech Execs Say They're Acting Faster on Extremist Content

Tech Execs Say They're Acting Faster on Extremist Content

Executives of Facebook, Google and Twitter told Congress on Wednesday that they've gotten better and faster at detecting and removing violent extremist content on their social media platforms in the face of mass...

Wednesday, Sep 18, 2019 at 12:34 PM PDT

Striking Workers Question Whether UAW Leaders Can Be Trusted

Striking Workers Question Whether UAW Leaders Can Be Trusted

The strike against General Motors by the United Auto Workers is playing out amid a corruption scandal inside the UAW that has caused distrust of the union leadership among many rank-and-file members. On picket...

Wednesday, Sep 18, 2019 at 10:53 AM PDT

Michigan Bans Flavored E-Cigarettes a Day After New York

Michigan Bans Flavored E-Cigarettes a Day After New York

Michigan banned the sale of flavored e-cigarettes on Wednesday, the latest state to act following hundreds of serious breathing issues in people using vaping devices that prompted a federal investigation. The...

Tuesday, Sep 17, 2019 at 04:15 PM PDT

'Blood Money'? Purdue Settlement Would Rely on Opioid Sales

'Blood Money'? Purdue Settlement Would Rely on Opioid Sales

The tentative multibillion-dollar settlement with OxyContin maker Purdue Pharma would raise money to help clean up the opioid mess by ... selling more OxyContin. That would amount to blood money, in the opinion...

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