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Business News

Thursday, Sep 12, 2019 at 05:18 PM PDT

Game Over: GameStop to Close Up to 200 Stores by Year's End

Game Over: GameStop to Close Up to 200 Stores by Year's End

The company currently operates over 5,700 stores across 14 countries. GameStop has closed 195 stores since the second quarter of last year.

Thursday, Sep 12, 2019 at 12:45 PM PDT

Walmart Rolls Out Grocery Delivery Subscription

Walmart Rolls Out Grocery Delivery Subscription

Walmart is rolling out a grocery delivery subscription service this fall as it races to gain an advantage in the competitive fresh food business. The service will charge an annual membership fee of $98 for...

Wednesday, Sep 11, 2019 at 11:34 PM PDT

Bill Giving Protections to Uber Drivers, Others Moves Ahead

Bill Giving Protections to Uber Drivers, Others Moves Ahead

California lawmakers sent the governor a bill Wednesday that would give new wage and benefit protections to workers at so-called gig economy companies such as Uber and Lyft where people pick up jobs on their own...

Wednesday, Sep 11, 2019 at 04:10 PM PDT

Tentative Opioids Settlement Falls Short of Nationwide Deal

Tentative Opioids Settlement Falls Short of Nationwide Deal

A tentative settlement announced Wednesday over the role Purdue Pharma played in the nation's opioid addiction crisis falls short of the far-reaching national settlement the OxyContin maker had been seeking for...

Wednesday, Sep 11, 2019 at 12:12 PM PDT

GM Recalls Nearly 3.8M Pickups, SUVs to Fix Brake Issues

GM Recalls Nearly 3.8M Pickups, SUVs to Fix Brake Issues

Under pressure from the federal government, General Motors is recalling nearly 3.8 million big pickup trucks and SUVs in the U.S and Canada to fix a brake problem. There have been 113 reports of crashes and 13...

Wednesday, Sep 11, 2019 at 04:51 PM PDT

Trump Admin Readies Ban on Flavored E-Cigs

Trump Admin Readies Ban on Flavored E-Cigs

The Trump administration is preparing to ban flavored e-cigarettes as federal health officials call for restrictions to combat an outbreak of a mysterious lung disease that has sickened hundreds and killed at...

Wednesday, Sep 11, 2019 at 04:17 AM PDT

Apple TV+ Will Cost $4.99 Per Month — Here’s How That Compares With Disney+ and Others

Apple TV+ Will Cost $4.99 Per Month — Here’s How That Compares With Disney+ and Others

Apple announced Tuesday it will price Apple TV+ at $4.99 per month, including a free one-year subscription with the purchase of any new Apple device. Apple’s streaming service will showcase original programmi...

Wednesday, Sep 11, 2019 at 03:25 AM PDT

Hong Kong Stock Exchange in Talks to Buy London Counterpart

Hong Kong Stock Exchange in Talks to Buy London Counterpart

The Hong Kong stock exchange says it has started talks to buy the London Stock Exchange that would value the British company at 29.6 billion pounds ($36.6 billion). The Hong Kong Exchanges and Clearing Ltd....

Tuesday, Sep 10, 2019 at 11:47 PM PDT

California Senate Approves Bill Regulating Gig Economy

California Senate Approves Bill Regulating Gig Economy

The California Senate has passed a bill that would give new wage and benefit protections to workers at so-called gig economy companies like Uber and Lyft. The 29-11 vote late Tuesday sends the bill back to the...

Tuesday, Sep 10, 2019 at 01:28 PM PDT

Uber Cuts 435 More Employees

Uber Cuts 435 More Employees

Uber has laid off 435 additional employees across its product and engineering teams, the company confirmed Tuesday. The ride-hailing company cut 170 people from the product team and 265 people from the...

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