Business

Sears' CEO and majority owner Eddie Lampert is offering to buy the Kenmore brand and some other assets.
Sears Holdings via CNN
April 23, 2018 - 4:12 pm
By Chris Isidore ILLINOIS (CNN Money) — Sears' CEO and majority owner Eddie Lampert is offering to buy the Kenmore brand and some other assets from the troubled retailer. Lampert's offer letter to the company he controls says he's making the bid because the company hasn't been able to find another...
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Amazon disclosed that the median pay for its employees was just $28,446 in 2017.
Bloomberg via Getty Images/ CNN
April 23, 2018 - 4:07 pm
By Seth Fiegerman (CNN Money) — Just because you work at Amazon doesn't mean you're guaranteed a six-figure paycheck. Amazon disclosed in a filing Wednesday that the median pay for its employees was just $28,446 in 2017. Put another way: half of Amazon's employees earned less than that amount. The...
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Officials symbolically broke ground on luxury high rise 11 Cooper.
David Madden
David Madden
April 20, 2018 - 2:03 pm
CAMDEN, N.J. (KYW Newsradio) — Officials are symbolically breaking ground on what will be the first new construction of market-priced housing in the city in 25 years. The $48 million building along the waterfront, which will be called 11 Cooper, will house 156 luxury apartments, many with a view of...
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A California safety agency has launched an inspection of Tesla's Fremont car factory.
Getty Images via CNN
April 19, 2018 - 10:49 am
(CNN Money) -- A California safety agency has launched an inspection of Tesla's Fremont car factory. California's Occupational Safety and Health Administration (Cal-OSHA) opened the inspection on Tuesday. A spokesperson for the group would not specify exactly what triggered the action, only that it...
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Hard Rock Cafe
David Madden | KYW Newsradio
David Madden
April 18, 2018 - 2:06 pm
MANHATTAN, NY. (KYW Newsradio) -- The countdown is on for the opening of the Hard Rock Hotel Casino In Atlantic City. Circle June 28 on your calendar. That's when they'll cut the ribbon on the old Taj Mahal with a total renovation inside. The announcement came Wednesday from Manhattan and was...
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Getty Images via CNN
April 18, 2018 - 11:23 am
By Danielle Wiener-Bronner (CNN Money) -- Toys "R" Us has rejected a bid from the billionaire toymaker behind Bratz dolls and Little Tikes. Isaac Larian placed a $675 million bid for 200 of the remaining 735 Toys "R" Us locations in the United States, and almost all of more than 80 locations in...
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Photo Credit: CNN
April 18, 2018 - 10:24 am
By Oliver Darcy (CNN Money) -- Alex Jones, the right-wing conspiracy theorist who has repeatedly suggested the Sandy Hook Elementary School shooting was a hoax, was sued on Tuesday by three parents whose children were killed in the 2012 massacre. It's the first legal action taken against Jones for...
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HBO via CNN Money
April 18, 2018 - 10:14 am
By Jill Disis (CNN Money) -- Podcasts aren't just for your ears anymore. Television networks are betting big on the format this year with a bunch of shows based on some of the most popular audio series, including "Pod Save America," "Homecoming," "Dirty John," "2 Dope Queens" and "StartUp." It's...
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© Courier-Post-USA Today Network
April 18, 2018 - 9:59 am
By Alanna Petroff (CNN Money) -- Saudi Arabia is ending a 35-year ban on movie theaters with a screening of "Black Panther." America's biggest movie theater company, AMC, will show the Hollywood blockbuster on Wednesday at its new single-screen cinema in the financial district of the capital Riyadh...
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Dreamstime
April 17, 2018 - 11:40 pm
By: Heather Kelly PHILADELPHIA (CNN) -- T-Mobile has agreed to pay a $40 million fine over accusations that the company tried to cover up poor rural cell service with "false rings." The settlement, announced Monday by the Federal Communications Commission, also requires T-Mobile to implement a "...
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