Business

U.S. retail sales rose by the most in six months in May, as consumers spent more at home and garden stores, gas stations and restaurants.
AP Photo/Ted Shaffrey, File
June 14, 2018 - 2:52 pm
WASHINGTON (AP) — U.S. retail sales rose by the most in six months in May, a sign that confident consumers are leading a strong economic rebound after a slow start to the year. Yet with high gas prices and inflation eating away at income gains made by workers, Americans may not be able to maintain...
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Bitcoin ATM
PA Images/Sipa USA
June 13, 2018 - 2:27 pm
LONDON (AP) — The price of bitcoin fell to a four-month low of $6,370 on Wednesday, days after South Korean virtual currency exchange Coinrail said hackers had stolen over $37 million, or almost a third of the virtual currency it had stored. After Coinrail announced the theft, the price of bitcoin...
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This Aug. 1, 2017, file photo shows the 21st Century Fox sign outside of the News Corporation headquarters building in New York.
AP Photo/Richard Drew, File
June 13, 2018 - 7:12 am
By Mae Anderson, AP Technology Writer NEW YORK (AP) — Comcast will likely bid for Fox's entertainment business as early as Wednesday now that a federal judge has cleared AT&T's $85 billion takeover of Time Warner. If Comcast succeeds in outbidding Disney for Fox, a major cable distributor would...
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In this Monday, Oct. 24, 2016, file photo, the AT&T logo is positioned above one of its retail stores, in New York.
AP Photo/Mark Lennihan, File
June 12, 2018 - 5:00 pm
WASHINGTON (AP) — A federal judge approved the $85 billion mega-merger of AT&T and Time Warner on Tuesday, a move that could usher in a wave of media consolidation while shaping how much consumers pay for streaming TV and movies. U.S. District Judge Richard Leon green-lit the merger without...
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Thomas Daniels, Uber driver
Cherri Gregg/KYW Newsradio
Cherri Gregg
June 12, 2018 - 1:55 pm
PHILADELPHIA (KYW Newsradio) — Uber is changing course after barring a number of Pennsylvanians with old drug convictions from driving for its ride-hailing service. The original decision was based on a Delaware law that prohibits individuals with certain types of drug convictions from working as...
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Amazon Prime Now delivery
John McDevitt/KYW Newsradio
John McDevitt
June 12, 2018 - 1:20 pm
PHILADELPHIA (KYW Newsradio) — As of Tuesday, the Philadelphia region is among 14 metropolitan areas throughout the country where online grocery shoppers can get free two-hour delivery of products from Whole Foods Market. The service is proovided by Amazon's Prime Now . "We are going to be...
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Facebook CEO Mark Zuckerberg and his wife, Priscilla Chan
AP Photo/Jeff Chiu, File
June 12, 2018 - 11:47 am
By David Crary, AP National Writer NEW YORK (AP) — Fueled by a surging stock market and huge gifts from billionaires, charitable giving in the United States in 2017 topped the $400 billion mark for the first time, according to the latest comprehensive report on Americans' giving patterns. The...
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former Alaska Gov. Sarah Palin wears Christian Louboutin shoes
AP Photo/Cliff Owen, FILE
June 12, 2018 - 11:03 am
LUXEMBOURG (AP) — The European Union's top court has defended French fashion designer Christian Louboutin's claim to trademark red soled high-heel shoes. The European Court of Justice ruled Tuesday that Van Haren, a Dutch company that sold similar shoes, had infringed the trade mark. The court said...
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White House adviser Jared Kushner
AP Photo/Susan Walsh, File
June 12, 2018 - 10:56 am
By Stephen Braun and Bernard Condon, Associated Press WASHINGTON (AP) — Financial disclosure forms show that White House special adviser — and President Donald Trump's son-in-law — Jared Kushner's wealth and debt both appear to have risen over the year, an indication of the complex state of his...
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In this Monday, Oct. 24, 2016, file photo, the AT&T logo is positioned above one of its retail stores, in New York.
AP Photo/Mark Lennihan, File
June 12, 2018 - 10:48 am
By Marcy Gordon, AP Business Writer WASHINGTON (AP) — The fate of the AT&T-Time Warner merger, a massive media deal opposed by the government that could shape how much consumers pay for streaming TV and movies, rests in the hands of a federal judge. U.S. District Judge Richard Leon is expected...
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