Business

Comcast
Comcast
September 22, 2018 - 3:00 pm
Hadas Gold (CNN Money) -- Comcast outbid 21st Century Fox and its powerful backer, Disney, on Saturday in an auction for control of European broadcaster Sky. Comcast lodged a winning bid of about $39 billion (£30 billion) for Sky following a rare, three round auction managed by UK's Takeover Panel...
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Walmart
Shutterstock via CNN
September 21, 2018 - 4:37 pm
Nathaniel Meyersohn (CNN Money) -- A federal agency is suing Walmart for discriminating against pregnant employees. The US Equal Employment Opportunity Commission (EEOC) said on Friday that it had filed a class action lawsuit alleging that Walmart violated the law when it refused to accommodate...
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A number of electric vehicles were on hand for test drives.
Dan Wing/KYW Newsradio
Dan Wing
September 21, 2018 - 12:46 pm
PHILADELPHIA (KYW Newsradio) — About 250 experts from the auto industry, government, and power companies gathered at an all-day forum hosted by PECO at the Please Touch Museum on Friday. The discussion centered on the past, present and future of transportation electrification. "Folks are focusing...
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In this July 19, 2018, file photo Brendan Kennedy, third from right in front, CEO and founder of British Columbia-based Tilray Inc., a major Canadian marijuana grower, leads cheers as confetti falls to celebrate his company's IPO.
AP Photo/Bebeto Matthews, File
September 21, 2018 - 9:46 am
By Marley Jay, AP Markets Writer NEW YORK (AP) — Reefer Madness has gripped Wall Street. Investors are craving marijuana stocks as Canada prepares to legalize pot next month, leading to giant gains for Canada-based companies listed on U.S. exchanges. Some experts are concerned that the ending will...
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Shoppers line up outside of the Apple store on Walnut Street in Center City Philadelphia.
Mike DeNardo/KYW Newsradio
Mike DeNardo
September 21, 2018 - 8:40 am
PHILADELPHIA (KYW Newsradio) — The latest iPhones are on sale. The lines outside Apple stores are shorter than in years past, but there are still many who couldn't wait. Those who did queue up early Friday morning outside the Apple store at 16th and Walnut streets were eager to get their hands on...
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The Comcast Technology Center is the tallest building in the Philadelphia skyline.
Comcast
Mike DeNardo
September 20, 2018 - 1:41 pm
PHILADELPHIA (KYW Newsradio) — Some workers have already moved into Philadelphia's tallest building, which is still under construction. Comcast Chairman Brian Roberts gave reporters a sneak peek inside the 60-story, $1.5 billion Comcast Technology Center at 18th and Arch streets. So far, 1,000...
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Wall Street in New York
Marcio Silva/Dreamstime.com
September 20, 2018 - 12:06 pm
By Matt Egan (CNN Money) -- What trade war? The Dow just soared to its first record high since late January. The milestone shows that Wall Street is mostly unfazed by the escalating trade clash between the United States and China. The S&P 500 also notched an all-time high on Thursday. The Dow...
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Jian Ghomeshi inside the studio at the Canada for Haiti Benefit on January 22, 2010 in Toronto, Canada.
Malcolm Taylor/Getty Images
September 19, 2018 - 9:16 pm
By Tom Kludt (CNN Money) -- The top editor of the New York Review of Books has left the magazine less than a week after publishing a highly controversial essay by a former radio host accused of sexual assault. Ian Buruma is no longer with the publication, a spokesperson for New York Review...
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Journalist Bob Woodward is seen in the lobby of Trump Tower in New York, NY, USA on January 3, 2017.
Albin Lohr-Jones/Pool
September 19, 2018 - 9:00 pm
By Brian Stelter (CNN Money) -- Bob Woodward's book about the Trump White House, "Fear," has debuted at No. 1 on the coveted New York Times best sellers list. The rankings came out on Wednesday. "Fear" is No. 1 on both the hardcover nonfiction list and the combined print and e-book list. The real...
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Cleveland Browns linebacker Mychal Kendricks (54) leaves the field after minicamp at the Cleveland Browns training facility.
Ken Blaze-USA TODAY Sports
Mark Abrams
September 19, 2018 - 5:24 pm
PHILADELPHIA (KYW Newsradio) — Damilare Sonoiki, the investment banker who passed along insider information to former Eagles linebacker Mychal Kendricks, pleaded guilty to charges of securities fraud and conspiracy before U.S. District Court Judge Gene Pratter on Wednesday. Assistant U.S. Attorney...
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