Business

Big Red Pedal Tours
John McDevitt
John McDevitt
May 29, 2018 - 1:45 pm
PHILADELPHIA (KYW Newsradio) — For five years, Big Red Pedal Tours has been operating in Old City and Center City. The pedicycle, open-air tour bus is mainly powered by participants pedaling between drinking establishments. There is a small assist motor to help get up hills if needed. Jessica...
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Amalgam Comics and Coffeehouse
Justin Udo-KYW Newsradio
Justin Udo
May 29, 2018 - 1:32 pm
PHILADELPHIA (KYW Newsradio) — On the same day Starbucks closed thousands of its doors for a few hours so employees could undergo anti-bias training, Black coffee shop owners opened up about the importance of inclusive and fair business models as a way to advance racial justice. The viral video...
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Oil prices are falling fast. Here's why
Shutterstock/CNNMoney
May 29, 2018 - 11:40 am
By Alanna Petroff (CNN Money) -- What a difference a week can make. Oil prices surged to their highest level in over three years last week, and strategists were marveling that prices had shot up so quickly. Now prices are slumping. US crude oil futures have dropped by nearly 10% to trade around $66...
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credit cards
May 29, 2018 - 11:31 am
ALBANY, N.Y. (AP) — The New York state comptroller's office says the nation's four most-populated states carry the highest total amount of credit card debt, with California leading the way followed by Texas, Florida and New York. Democratic Comptroller Thomas DiNapoli says in a report released...
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Starbucks at 18th and Spruce streets in Philadelphia
Holli Stephens-KYW Newsradio
Tim Jimenez
May 29, 2018 - 10:45 am
PHILADELPHIA (KYW Newsradio) — Starbucks is closing 8,000 stores for a few hours on Tuesday afternoon so 175,000 employees can go through anti-bias training in response to the arrest of two black men at a Rittenhouse Square store last month. The Starbucks, at 18th and Spruce streets in Philadelphia...
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Starbucks bias training
Shutterstock via CNN
May 29, 2018 - 7:59 am
By Danielle Wiener-Bronner (CNN Money) -- Starbucks will close about 8,000 company-owned locations on Tuesday afternoon to offer 175,000 employees a mandatory anti-bias training. Most of the 7,000 licensed stores, including those operated by hotels, grocery stores and airports, should be open...
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China has approved 13 Ivanka Trump trademarks in the last three months and granted provisional approval for eight more, raising fresh conflict-of-interest questions about the White House.
AP Photo/Ng Han Guan
May 28, 2018 - 7:22 am
SHANGHAI (AP) — Ivanka Trump's brand continues to win foreign trademarks in China and the Philippines, adding to questions about conflicts of interest at the White House, The Associated Press has found. On Sunday, China granted the first daughter's company final approval for its 13th trademark in...
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Gas Prices
Getty Images via CNN
May 25, 2018 - 9:04 pm
By Matt Egan (CNN Money) -- Get ready for sticker shock at the gas station if you're one of the estimated 36 million Americans hitting the roads this Memorial Day weekend. Gone are the days of $2-a-gallon gasoline. A spike in crude oil prices has lifted the national average price of gas by 31% over...
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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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