Business

Waitress Kelcie Tipping, left, speaks with fellow waitress Mariam Touray, right, at the Modern Diner in Pawtucket, R.I.
Michelle R. Smith/AP Photo
January 29, 2019 - 10:51 am
By Michelle R. Smith and Emily Swanson, Associated Press PAWTUCKET, R.I. (AP) — The state of the union is dark. A large majority of Americans say they are pessimistic about the state of the country and few expect things will get better in the year ahead, according to a poll released Tuesday by The...
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In this Dec. 18, 2018, file photo, a worker holds a sign promoting a sale for Huawei 5G internet services at a mobile phone retail shop in Shenzhen in south China's Guangdong province.
Andy Wong/AP Photo, File
January 29, 2019 - 9:58 am
By Joe McDonald, AP Business Writer BEIJING (AP) — China called on Washington on Tuesday to "stop the unreasonable crackdown" on Huawei after the United States stepped up pressure on the tech giant by indicting it on charges of stealing technology and violating sanctions on Iran. Beijing will "...
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Hard Rock Cafe
David Madden | KYW Newsradio
David Madden
January 28, 2019 - 4:00 am
ATLANTIC CITY, N.J. (KYW Newsradio) — As sports betting has grown by leaps and bounds in New Jersey, one Atlantic City casino has stood on the sidelines. But not for much longer. The Hard Rock wants to get in the game, but the casino's president Joe Lupo has taken things slow. He has good reason. "...
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A bitcoin ATM is shown at the Bourse in Philadelphia.
Andrew Kramer/KYW Newsradio
Andrew Kramer
January 27, 2019 - 4:00 am
PHILADELPHIA (KYW Newsradio) — Looking for a place to make trades in bitcoins? You'll find one in the Bourse in Old City. You'll find another at Spread Bagelry in University City. In fact, there are about 100 of them across Philadelphia — bitcoin ATMs. Bitcoin is what is called a cryptocurrency. "...
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Imperial Inn co-owner Tom So.
Hadas Kuznits/KYW Newsradio
Hadas Kuznits
January 26, 2019 - 4:00 am
PHILADELPHIA (KYW Newsradio) — One of Chinatown's oldest dim sum restaurants will be closing its doors for the last time on Sunday. Tom So, one of the four Imperial Inn owners, says Sunday lunch service will be there last after 45 years. "We are the second generation," So explains. "But the third...
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Online leader Amazon Inc. has refused comment on reports that it plans to split its new headquarters between two locations.
AP Photo/Reed Saxon, File
January 25, 2019 - 6:12 pm
NEW YORK (AP) — Facial-detection technology that Amazon is marketing to law enforcement often misidentifies women, particularly those with darker skin, according to researchers from MIT and the University of Toronto. Privacy and civil rights advocates have called on Amazon to stop marketing its...
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Verizon is about to cut hundreds of employees from its ailing media division as the company continues to tweak its multi-billion dollar bet on content and digital advertising.
David Paul Morris/Bloomberg/Getty Images via CNN
January 25, 2019 - 12:15 pm
By Seth Fiegerman, CNN Business (CNN) -- Verizon is about to cut hundreds of employees from its ailing media division as the company continues to tweak its multi-billion dollar bet on content and digital advertising. Verizon Media Group, the portfolio of media brands that includes Yahoo, AOL and...
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Virgin Group founder Richard Branson and Under Armour founder and CEO Kevin Plank announced a partnership between the apparel brand and Virgin Galactic.
Under Armour via CNN
January 25, 2019 - 12:02 pm
By Jackie Wattles, CNN Business (CNN) -- Under Armour makes sporting equipment, workout clothes, sneakers — and now, astronaut apparel. Virgin Galactic, which plans to use a rocket-powered plane to fly groups of tourists to the edge of space, announced Thursday that Under Armour will develop the...
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In this Jan. 15, 2019, file photo a robot named Marty cleans the floors at a Giant grocery store in Harrisburg, Pa.
Matt Rourke/AP Photo, File
January 24, 2019 - 11:42 am
By Matt O'Brien, AP Technology Writer Robots aren't replacing everyone, but a quarter of U.S. jobs will be severely disrupted as artificial intelligence accelerates the automation of existing work, according to a new Brookings Institution report. Thursday's report from the Washington think tank...
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Hulu
CNN
January 23, 2019 - 2:49 pm
By Jill Disis, CNN Business (CNN) — Hulu has dropped the price of its cheapest package by $2 — just a week after competitor Netflix raised prices for its services. Hulu's basic plan, which includes ads, will cost $6 per month starting Feb. 26, the company announced Wednesday. The streamer also said...
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