Business

In this July 25, 2019, file photo, JUUL Labs co-founder and Chief Product Officer James Monsees testifies before a House Oversight and Government Reform subcommittee on Capitol Hill in Washington.
Susan Walsh./AP Photo, File
August 02, 2019 - 1:26 pm
By Richard Lardner and Matthew Perrone, Associated Press WASHINGTON (AP) — E-cigarette giant Juul Labs gave nearly $100,000 to members of Congress during the first half of 2019 as the company faced the bulk of the blame for a surge of underage vaping and calls for tighter government regulation of...
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Boeing officially unveiled its new $115 million factory for the V-22 Osprey.
Jim Melwert/KYW Newsradio
Jim Melwert
August 01, 2019 - 2:01 pm
RIDLEY TOWNSHIP, Pa. (KYW Newsradio) — Boeing officially unveiled its new $115 million factory for the V-22 Osprey. The new facility opens on Boeing’s 330-acre campus in Ridley Township about a year after Boeing signed a $4 billion deal with the Department of Defense to continue building the...
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National Avocado Day
Joe Raedle/Getty Images
July 31, 2019 - 10:49 am
By Scottie Andrew and Brian Ries, CNN (CNN) -- Take heart, avocado-loving consumers who begrudgingly empty your pockets for Chipotle guacamole: The chain hears you, and it's offering your wallet a momentary reprieve. In honor of National Avocado Day, the chain won't charge extra for guac—as long as...
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Trump rips Federal Reserve as it mulls rate cut
CNN
July 31, 2019 - 10:37 am
By Donna Borak, CNN Business (CNN) -- The Federal Reserve is poised to cut interest rates on Wednesday for the first time since the 2008 financial crisis to extend the longest economic expansion in US history. The move would come despite a strong US economy. But some cracks are beginning to show:...
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This Jan. 11, 2019, file photo shows the Impossible Burger, a plant-based burger containing wheat protein, coconut oil and potato protein among it's ingredients in Bellevue, Neb.
Nati Harnik/AP Photo, File
July 31, 2019 - 8:08 am
By Dee-Ann Durbin, AP Business Writer After months of shortages, Impossible Foods is partnering with a veteran food production company to ramp up supplies of its popular plant-based burgers. The Redwood City, Calif.-based startup is partnering with OSI Group, an original supplier to McDonald's and...
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In this file photo dated March 28, 2019, the sign for a Holiday Inn in New York.
Jenny Kane/AP Photo, file
July 30, 2019 - 10:07 am
LONDON (AP) — The fight to save the seas from plastic waste may mean the end for mini bottles of shampoo and other toiletries that hotel guests love to stuff into their luggage. The owner of Holiday Inn and InterContinental Hotels says Tuesday that its nearly 843,000 guest rooms are switching to...
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Capital One said a hacker gained access to more than 100 million Capital One credit card applications earlier this month. The compromised data included some Social Security numbers.
Sarah Blesener/Bloomberg/Getty Images via CNN
July 30, 2019 - 7:07 am
By Michelle Toh, CNN Business (CNN) -- Millions of Capital One customers have been affected by a data breach that the bank says happened in March when a software engineer allegedly exploited a vulnerability to access its systems. Approximately 100 million people in the United States and 6 million...
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In this July 16, 2019, photo, a man walks across the street from a Capital One location in San Francisco.
Jeff Chiu/AP Photo
Tim Jimenez
July 30, 2019 - 7:02 am
PHILADELPHIA (KYW Newsradio, Associated Press) — A major data breach is affecting more than 100 million Capital One credit card customers and applicants. The FBI arrested the hacker who was behind the breach. Authorities say 33-year-old Paige Thompson of Seattle was a software engineer for a cloud...
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Hahnemann University Hospital
Bastiaan Slabbers/Getty Images
July 29, 2019 - 2:08 pm
By Lydia DePillis, CNN Business (CNN) — For decades, Hahnemann University Hospital served as the main safety-net hospital for downtown Philadelphia's neediest residents. But last week, it released its last patient. Within a month, the hospital's 2,572 staff will all have been laid off, and the...
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In this Sept. 21, 2016, file photo EpiPens that Mylan CEO Heather Bresch bought with her are seen on Capitol Hill in Washington as she testifies before the House Oversight Committee hearing on EpiPen price increases.
Pablo Martinez Monsivais/AP Photo, File
July 29, 2019 - 11:53 am
By Linda A. Johnson, AP Medical Writer Pfizer, the country's largest drugmaker, is creating a hybrid new drug company by combining its off-patent branded drug business with the generic pharmaceutical company Mylan. The two companies said Monday that they'll ultimately spin off the combination of...
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