Business

Facebook CEO Mark Zuckerberg
AP Photo/Geert Vanden Wijngaert
May 24, 2018 - 5:16 pm
BRUSSELS (AP) — Facebook said Thursday it will not compensate users in the scandal over the misuse of their personal data by political consultancy Cambridge Analytica. The company made the statement in a list of written replies to questions by European Union lawmakers. The answers were promised...
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McDonald’s isn’t ready to stop offering plastic straws, despite environmental concerns.
AP Photo/Mike Stewart, File
May 24, 2018 - 2:50 pm
NEW YORK (AP) — McDonald's isn't ready to stop offering plastic straws, despite environmental concerns. A shareholder proposal to pressure the world's biggest hamburger chain on the matter was voted down at the company's annual meeting Thursday. The proposal by activist group SumOfUs asked for a...
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Starbucks
Shanna Lockwood-USA TODAY Sports
Cherri Gregg
May 24, 2018 - 1:11 pm
PHILADELPHIA (KYW Newsradio) — Starbucks released a five-minute video previewing the anti-bias training scheduled at its 8,000 corporate-owned stores next Tuesday. The company said this is just one step in a multi-year effort. With counsel from experts like Bryan Stevenson, founder of the Equal...
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European customers can now find out exactly what kind of data Apple holds on them.
Getty Images/CNNMoney
May 24, 2018 - 10:15 am
By Ivana Kottasová (CNN Money) -- European customers can now find out exactly what kind of data Apple holds on them. The company is rolling out a new tool that lets people download all of the data it holds on them. The company released the tool in Europe ahead of Friday, when a new data protection...
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Debra Perelman
Revlon via CNN
May 24, 2018 - 10:10 am
By Aaron Smith (CNN Money) -- Debra Perelman has been appointed the first female Chief Executive Officer of Revlon, a company that's majority owned by her billionaire father, Ronald Perelman. "It's a good time for the company to be led by a woman," she said in a statement to CNNMoney. "This is...
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Face recognition technology
Shutterstock/CNNMoney
May 24, 2018 - 9:45 am
By Sara Ashley O'Brien and Kaya Yurieff (CNN Money) -- More than two dozen civil rights organizations are calling on Amazon CEO Jeff Bezos to stop selling its facial recognition technology to the government, according to a letter made public Tuesday by the ACLU. The technology, called Rekognition,...
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Chinese customs officials inspect cars being loaded for export at a port in Qingdao in eastern China's Shandong province.
Chinatopix via AP
May 24, 2018 - 8:21 am
BEIJING (AP) — China, Japan and the European Union condemned Thursday the Trump administration's decision to launch an investigation into whether tariffs are needed on imports of vehicles and automotive parts into the United States. President Donald Trump invoked a provision authorizing the...
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Four bidders are vying to buy the bankrupt manufacturer of Necco Wafers, Sweethearts and other iconic candies.
AP Photo/Charles Krupa, File
May 23, 2018 - 4:15 pm
BOSTON (AP) — The 171-year-old candy maker known for its chalky Necco Wafers and those little inscribed hearts that are everywhere on Valentine's Day was up for grabs in bankruptcy court Wednesday. A judge began hearing presentations by four suitors looking to acquire the New England Confectionery...
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Mark Zuckerberg shakes hands with European Parliament President Antonio Tajani
Photo by Xinhua/Sipa USA
May 23, 2018 - 11:50 am
(CNN) -- Mark Zuckerberg is taking his Facebook apology tour to Europe this week. The Facebook founder and CEO testified at a European Parliament meeting Tuesday. Zuckerberg said that he is sorry for how Facebook was used to spread fake news and misinformation campaigns. "I asked you six yes and no...
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sign outside the Comcast Center in Philadelphia
AP Photo/Matt Rourke, File
May 23, 2018 - 11:17 am
PHILADELPHIA (AP) — Comcast may make an offer for Twenty-First Century Fox, potentially putting it in a head-to-head bidding war with Disney. Comcast Corp. on Wednesday did not provide specific details on a bid, other than to say that it would be all cash and at a premium to the value of Disney's...
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