Business

Campbell Soup Company
Campbell Soup Company
David Madden
May 18, 2018 - 11:17 am
CAMDEN, N.J. (KYW Newsradio) — Some major changes are underway at one of South Jersey's top employers. Campbell Soup Company CEO Denise Morrison is out, effective immediately. A press release indicated she has "chosen to retire" after 15 years, but the company reported a third quarter loss of $475...
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Betting odds are displayed on a board in the sports book at the South Point hotel and casino in Las Vegas.
AP Photo/John Locher
May 18, 2018 - 9:40 am
ATLANTIC CITY, N.J. (AP) — The prospect of legal sports betting throughout the United States has prompted a flurry of deals among gambling and technology firms who want a foothold in the billion-dollar industry. Casinos, race tracks, daily fantasy sports companies and others are itching to offer...
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JCPenney
J.C. Penney via CNN
May 17, 2018 - 9:07 pm
Paul R. La Monica (CNN Money) -- JCPenney is in serious trouble. There's no sugarcoating it. The department store chain, famous for its Christmas catalogs, is losing money — and customers. It has a lot of debt. And not much cash. A dismal earnings report on Thursday only reinforced that time is...
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Walmart's stock had its worst day in 30 years the last time it answered to Wall Street analysts.
Getty Images/CNNMoney
May 17, 2018 - 9:42 am
By Nathaniel Meyersohn (CNN Money) - - Walmart sent an encouraging signal to Wall Street Thursday that it's heading in the right direction. The world's biggest retailer said online sales jumped 33 percent last quarter. In February, Walmart's stock had its worst day in 30 years after it told Wall...
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Amazon Prime/Whole Foods
Shutterstock/CNNMoney
May 16, 2018 - 10:58 am
By Chris Isidore (CNN Money) -- Whole Foods is getting even more Amazon-y. Amazon, which purchased Whole Foods last year, is offering its Prime members an additional 10% off sale items when they shop at Whole Foods. The additional discount will apply to hundreds of products throughout the stores...
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Xerox says it's killing its multibillion-dollar deal to be taken over by Japan's Fujifilm.
Xerox via CNN
May 14, 2018 - 2:46 pm
By Jethro Mullen (CNN Money) -- Xerox says it's killing its multibillion-dollar deal to be taken over by Japan's Fujifilm. The iconic US printer and copier company announced the move in a statement late Sunday, saying it had reached a new agreement with activist investors Carl Icahn and Darwin...
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AT&T paid  Michael Cohen, President Trump's personal lawyer and fixer, $600,000 through a contract that ended in December 2017. Cohen is seen here speaking to CNN.
CNN, file
May 11, 2018 - 12:33 pm
By Brian Stelter (CNN Money) -- "AT&T hiring Michael Cohen as a political consultant was a big mistake," the company's CEO Randall Stephenson said Friday morning. AT&T paid Cohen, President Trump's personal lawyer and fixer, $600,000 through a contract that ended in December 2017. The...
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Starbucks Protest
Photo credit: Tim Jimenez
Mike Dougherty
May 11, 2018 - 7:48 am
PHILADELPHIA (KYW Newsradio) — After taking full responsibility for the public relations nightmare in Center City Philadelphia that sparked national outrage, Starbucks executives are making some big policy changes as the company tries to bounce back. Chairman Howard Schultz says the incident in...
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David Madden
May 10, 2018 - 9:03 pm
TRENTON, N.J. (KYW Newsradio) — New Jersey Transit has not exactly been held in high public esteem over the last few years. Despite what locals may think, the agency made the Forbes 500 list of best places to work across America, coming in at No. 459. (To put that in context, Amtrak came in at 279...
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Rolls-Royce vehicles boast of many outstanding features. The ability to drive through water nearly two feet deep is not usually one of them. But the new Rolls-Royce Cullinan, just unveiled in London, can do that.
Courtesy Rolls-Royce
May 10, 2018 - 5:16 pm
By Peter Valdes-Dapena (CNN Money) -- Rolls-Royce vehicles boast of many outstanding features. The ability to drive through water nearly two feet deep is not usually one of them. But the new Rolls-Royce Cullinan, just unveiled in London, can do that. The British ultra-luxury automaker's first SUV...
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