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Business News

Friday, Dec 21, 2018 at 05:25 AM PST

FDA Weighs Legalizing Interstate Sales of CBD in Food, Drink

FDA Weighs Legalizing Interstate Sales of CBD in Food, Drink

The Food and Drug Administration is looking for "pathways" to legalize the sale of CBD oil and other cannabis-based compounds in food and beverages in a move that could remove one of the last remaining legal...

Friday, Dec 21, 2018 at 04:28 AM PST

Stock Market Woes Raise a Nagging Fear: Is a Recession Near?

Stock Market Woes Raise a Nagging Fear: Is a Recession Near?

Fears of a recession have been mounting with the U.S. stock market appearing to be headed for its worst December since 1931 — during the Great Depression. Wall Street's sustained slump has been fueled by...

Friday, Dec 21, 2018 at 04:04 AM PST

Toys R Us Closure Hits Toys for Tots Hard

Toys R Us Closure Hits Toys for Tots Hard

When Toys R Us closed, Toys for Tots felt the loss. The toy giant's decision to shutter its stores this year left some huge holes for the annual charity drive to fill. Toys R Us shoppers donated more than...

Thursday, Dec 20, 2018 at 08:57 PM PST

Dow Sinks Another 464 Points as Slowdown Fears Worsen

Dow Sinks Another 464 Points as Slowdown Fears Worsen

It was another miserable day on Wall Street as a series of big December plunges continued, putting stocks on track for their worst month in a decade. The Dow Jones Industrial Average dropped 464 points...

Thursday, Dec 20, 2018 at 09:36 AM PST

Human Rights Group Report Gains traction, Twitter Hammered

Human Rights Group Report Gains traction, Twitter Hammered

A report on Twitter by the human rights group Amnesty International is gaining traction and its shares are getting punished. The report, released earlier this week, said the social media platform has permitted...

Thursday, Dec 20, 2018 at 08:11 AM PST

Altria Strides Into Vape Market With $13B Stake in Juul

Altria Strides Into Vape Market With $13B Stake in Juul

Altria, one of the world's biggest tobacco companies, is spending nearly $13 billion to buy a huge stake in the vape company Juul as cigarette use continues to decline. The Marlboro maker said Thursday that it...

Thursday, Dec 20, 2018 at 01:48 AM PST

Facebook Tries to Explain Why Companies Could Erase Messages

Facebook Tries to Explain Why Companies Could Erase Messages

Facebook again aimed to convince its 2.3 billion users that it didn't allow more than 150 other companies to misuse their personal data on Wednesday night after its valuation fell by more than $28 billion on the...

Wednesday, Dec 19, 2018 at 08:27 PM PST

Fact Check: Facebook Defines 'Permission' Loosely

Fact Check: Facebook Defines 'Permission' Loosely

Facebook gave some companies such as Apple, Amazon and Yahoo more extensive access to users' personal data, effectively exempting them from the company's usual privacy rules, according to a New York Times...

Wednesday, Dec 19, 2018 at 05:01 PM PST

Do You Even Twitch? Go Inside the Hub of Game Live-Streaming

Do You Even Twitch? Go Inside the Hub of Game Live-Streaming

Twitch’s new headquarters is a combination of gaming and popular culture, and it's everything streamers would expect it to be.

Wednesday, Dec 19, 2018 at 12:56 PM PST

Inside the Holiday Rush at FedEx

Inside the Holiday Rush at FedEx

FedEx is likely to experience another record-setting December, thanks mainly to holiday presents ordered from online retailers. On the crowded conveyor belt in the San Francisco station, brown boxes bearing the...

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