Business

Philadelphia International Airport hosted a job fair
John McDevitt-KYW Newsradio
John McDevitt
April 24, 2018 - 1:59 pm
PHILADELPHIA (KYW Newsradio) -- There are hundreds of job openings at the Philadelphia International Airport. The Liacouras Center on the Temple University campus in North Philadelphia hosted a job fair to help fill those vacancies. Applicants were able to have their resumes reviewed and to receive...
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Center City Philadelphia
Pat Loeb
April 24, 2018 - 1:31 pm
PHILADELPHIA (KYW Newsradio) -- For the eighth year in a row, the Center City business district reported growth in jobs and development, making this the longest period of economic expansion in the city for the last 50 years. The district's annual report says more than a billion dollars of...
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Munoz made $9.6 million in 2017.
United Airlines
April 23, 2018 - 9:48 pm
By Julia Horowitz (CNN Money) -- United Airlines CEO Oscar Munoz is skipping his annual bonus after a rough year. Munoz made $9.6 million in 2017, according to a corporate filing released Monday. He told employees in a letter that he chose not to receive his bonus to "send a message about the...
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Google's business is humming along despite mounting concerns over data privacy.
KIMIHIRO HOSHINO/AFP/Getty Image via CNN
April 23, 2018 - 9:30 pm
By Seth Fiegerman (CNN Money) — Google's business is humming along despite mounting concerns over data privacy. Alphabet, the parent company of Google, reported Monday that its profits hit $9.4 billion in the first three months of 2018, up from $5.4 billion a year earlier. The company's bottom line...
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Netflix CEO Reed Hastings' pay keeps climbing.
CNNMoney
April 23, 2018 - 4:40 pm
By Nathaniel Meyersohn (CNN Money) — Netflix CEO Reed Hastings' pay keeps climbing. Hastings, Netflix's co-founder, took home a total of $24.4 million last year, according to a company filing Monday. His pay rose 5 percent in 2017 from the year before. Most of Hastings' paycheck came from stock...
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The European Commission has launched an in-depth investigation into Apple's acquisition of music recognition app Shazam.
CNNMoney
April 23, 2018 - 4:31 pm
By Ivana Kottasová (CNN Money) — The European Commission has launched an in-depth investigation into Apple's acquisition of music recognition app Shazam, delaying one of the tech company's biggest deals by at least four months. "The Commission is concerned that the merger could reduce choice for...
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Toys R Us
Photo credit: Chris Pedota/NorthJersey.com via USA TODAY NETWORK
April 23, 2018 - 4:22 pm
By Chris Isidore NEW JERSEY (CNN Money) — The CEO who wants to save Toys "R" Us is not giving up. Isaac Larian, the billionaire toy executive behind Bratz dolls and Little Tikes toys, said he is still hopeful he can save 274 U.S.-based Toys "R" Us stores, even though his initial $675 million bid...
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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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