Business

Parcels are processed and prepared for dispatch at Amazon's Fulfillment Center
PA Images/Sipa USA
July 18, 2018 - 11:31 am
By Danielle Wiener-Bronner (CNN Money) -- Amazon Prime Day was a massive success. The company says its self-proclaimed holiday of deals was the biggest shopping event in Amazon history. Sales exceeded Cyber Monday, Black Friday and last year's Prime Day. Prime members bought more than 100 million...
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Papa John's pizza founder John Schnatter
Mark J. Rebilas-USA TODAY Sports
July 18, 2018 - 11:25 am
By Jordan Valinsky (CNN Money) -- Papa John's founder John Schnatter said it was a "mistake" for him to resign. In letter to the pizza chain's board obtained by CNNMoney, Schnatter accused the board of not "doing any investigation" and said its decision to remove him as chairman was based on "rumor...
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Dreamstime
Tony Romeo
July 17, 2018 - 3:11 pm
HARRISBURG, Pa. (KYW Newsradio) — Nine of Pennsylvania’s 13 licensed casinos — including all of the casinos in the Philadelphia region — are rolling the dice on internet gaming. Monday marked one deadline in the internet gaming application process. Pennsylvania Gaming Control Board spokesman Doug...
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The logo of social networking site Facebook is reflected on the screen of a smartphone resting on a laptop keyboard.
PA Images/Sipa USA
July 17, 2018 - 3:10 pm
By Ryan Nakashima SAN FRANCISCO (AP) — Facebook announced several new hires of top academics in the field of artificial intelligence Tuesday, among them a roboticist known for her work at Disney making animated figures move in more human-like ways. The hires raise a big question — why is Facebook...
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(AP Photo/Richard Drew, File)
July 17, 2018 - 2:39 pm
By: Ken Sweet NEW YORK (AP) — Another Wall Street veteran of the financial crisis is stepping aside: Lloyd Blankfein is retiring as CEO of Goldman Sachs after 12 years at the helm of the storied investment bank. Blankfein will be replaced by David Solomon, a long-time Goldman executive who has been...
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L. L. Bean has set up a temporary outdoor office space in Philadelphia's Navy Yard.
Justin Udo/KYW Newsradio
Justin Udo
July 17, 2018 - 1:17 pm
PHILADELPHIA (KYW Newsradio) — Birds chirping, a warm summer breeze, and sunshine are not things most office workers can enjoy during their work day. Outdoor sporting goods retailer L. L. Bean is looking to change that by encouraging workers across Philadelphia to leave the cubical behind and to...
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Uber
AP Photo/Patrick Semansky, File
July 16, 2018 - 9:15 pm
SAN FRANCISCO (AP) — Uber is facing a U.S. government investigation into allegations that the ride-hailing service set up a pay structure that discriminated against its female workers. The U.S. Equal Employment Opportunity Commission opened the probe in August 2017, according to a person familiar...
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Netflix logo
AP Photo/Matt Rourke, File
July 16, 2018 - 5:14 pm
SAN FRANCISCO (AP) — Netflix has added far fewer subscribers than management had projected, renewing fears that its growth may sputter as it tries to fend off fiercer competition. The company gained 5.1 million subscribers worldwide during the April-June period, more than 1 million customers below...
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Amazon Prime Day sales
PA Images/Sipa USA
Ian Bush
July 16, 2018 - 3:51 pm
PHILADELPHIA (KYW Newsradio) — Amazon's Prime Day is here and runs through Tuesday with the promise of deals upon deals for those who pay for the privilege of free shipping. Although its Amazon's day, there are bargains to be had at other sites and stores as well. But first, it's a good time to...
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In this Aug. 3, 2017, file photo, packages pass through a scanner at an Amazon fulfillment center in Baltimore.
Photo/Patrick Semansky, File
July 16, 2018 - 9:51 am
NEW YORK (AP) — Amazon is extending its annual "Prime Day" promotion to 36 hours this year and will try to lure more deal-seekers to the aisles of Whole Foods. Shoppers will have plenty of sales to choose from as other retailers offer promotions to try to take a share of the spending. This year's...
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