Business

Facebook
Elise Amendola/AP, file
June 18, 2019 - 1:19 pm
SAN FRANCISCO (AP) — Facebook already rules daily communication for more than two billion people around the world. Now it wants its own currency, too. The social network unveiled an ambitious plan Tuesday to create a new digital currency similar to Bitcoin for global use, one that could drive more...
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Charitable giving
Steve Bisson/Savannah Morning News via AP
June 18, 2019 - 12:13 pm
NEW YORK (AP) — Charitable giving by individual Americans in 2018 suffered its biggest drop since the Great Recession of 2008-09, in part because of Republican-backed changes in tax policy, according to the latest comprehensive report on Americans' giving patterns. The Giving USA report , released...
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Alpha jets from the French Air Force Patrouille de France fly during the inauguration the 53rd International Paris Air Show at Le Bourget Airport near Paris, France, Monday June 17, 2019.
Benoit Tessier/Pool via AP
June 17, 2019 - 11:11 am
By Angela Charlton, Associated Press LE BOURGET, France (AP) — Boeing executives apologized Monday to airlines and families of victims of 737 Max crashes in Indonesia and Ethiopia, as the U.S. plane maker struggles to regain the trust of regulators, pilots and the global traveling public. Some...
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Customers wait on a long check out line at a Target store in San Francisco on Saturday, June 15, 2019.
Michael Liedtke/AP Photo
June 15, 2019 - 6:46 pm
SAN FRANCISCO (AP) — A glitch stalled checkout lines at Target stores worldwide Saturday, exasperating shoppers and potentially eating into sales at a prime time for retailers, the day before Father's Day. The roughly two-hour outage periodically prevented Target's cashiers from scanning...
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Fresh Food Fight
Hadas Kuznits/KYW Newsradio
Hadas Kuznits
June 12, 2019 - 4:08 pm
PHILADELPHIA (KYW Newsradio) — Nothing brings vendors together like a very public food fight. Reading Terminal Market hosted the semifinal round of its Fresh Food Fight Wednesday — a creative, competitive effort to bring in different merchants to the terminal. The market hosted the contest because...
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Another biotechnology company that scouted locations all over the country has broken ground at the Philadelphia Navy Yard for a production facility.
Courtesy of DIGSAU
Steve Tawa
June 12, 2019 - 3:35 pm
PHILADELPHIA (KYW Newsradio) — Another biotechnology company that scouted locations all over the country has broken ground at the Philadelphia Navy Yard for a production facility. The company plans to launch its own manufacturing hub to produce cell therapy cancer treatments. Northern California-...
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Tom Gralish/The Philadelphia Inquirer/TNS/Sipa USA
Ian Bush
June 12, 2019 - 2:23 pm
PHILADELPHIA (KYW Newsradio) — A new name is in the works for SugarHouse Casino: It'll be called Rivers Casino Philadelphia. The owner, Rush Street Gaming, said the rebranding is designed to bring the Fishtown property in line with its other casinos across the country. Other sister casinos are...
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President Donald Trump
Alex Brandon/AP
June 06, 2019 - 10:51 am
WASHINGTON (AP) — Straining to stave off threatened U.S. tariffs, Mexican and American officials claimed progress in White House talks, but President Donald Trump said Thursday that a "lot of progress" must be made to halt the import taxes he is holding out as a way to force Mexico to stanch the...
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Jimmy Iovine
Steve Tawa/KYW Newsradio
Steve Tawa
June 05, 2019 - 3:50 pm
PHILADELPHIA (KYW Newsradio) — As President Donald Trump's threatened tariffs on Mexico are about to kick in, merchants at the Philadelphia Wholesale Produce Market along Essington Avenue in Southwest Philadelphia are just about ready to throw tomatoes at Washington politicians. Jimmy Iovine, the...
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In this Dec. 5, 2011, file photo, bottles of Jack Daniel's Tennessee Whiskey line the shelves of a liquor outlet in Montpelier, Vt.
Toby Talbot/AP Photo, File
June 05, 2019 - 10:46 am
LOUISVILLE, Ky. (AP) — The company that makes Jack Daniels took a hit from the Trump administration's tariff fight, estimating that the standoff dragged sales growth down by a percentage point for the entire year. Brown-Forman Corp. posted fourth quarter sales of $744 million, which was well short...
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