Business

Dreamstime
October 27, 2018 - 6:51 pm
SAN FRANCISCO (AP) — Investors for years have seemingly adored technology stocks as much as most people love their smartphones. But Wall Street has suddenly soured on Silicon Valley and the rest of tech, triggering a stomach-churning downturn in a turbulent October. Some of the hardest hit stocks...
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Amazon Recycling
Getty Images
October 26, 2018 - 1:47 pm
By Emma Kennedy, CNN Business (CNN) -- Efforts to reduce the amount of waste going to landfills in the United States is attracting big-name investors. Amazon (AMZN) announced last week that it would invest $10 million in the Closed Loop Fund, joining other companies including Coca-Cola (KO),...
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Coach Fur Coat
Angela Weiss/AFP/Getty Images via CNN
October 24, 2018 - 4:20 pm
Jordan Valinsky, CNN Business (CNN) -- Coach is shedding some fur. The luxury fashion brand has pledged to stop using real mink, fox, coyote and rabbit fur in its products by fall 2019. Coach CEO Joshua Schulman called the move a "truly meaningful milestone for the brand" in a statement. The fur-...
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Specialist Matthew Grenier works on the floor of the New York Stock Exchange, Tuesday, Oct. 23, 2018.
AP Photo/Richard Drew
October 23, 2018 - 1:43 pm
(AP) — U.S. stocks slumped broadly on Wall Street Tuesday, sending the Dow Jones Industrial Average down 200 points and extending the market's recent string of losses. The latest selling came as investors grew unsettled by slowing economic growth in China and the growing costs of President Donald...
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In this Aug. 1, 2017 file photo the brand logo of German car maker BMW is photographed on a car in Berlin.
AP Photo/Markus Schreiber, file
October 23, 2018 - 10:17 am
FRANKFURT, Germany (AP) — Automaker BMW says it is expanding a recall to cover 1.6 million vehicles worldwide due to possible fluid leaks that could result in a fire. BMW said Tuesday that in some diesel vehicles coolant could leak from the exhaust gas recirculation module, part of the emissions...
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(AP Photo/Nick Ut, File)
October 22, 2018 - 8:30 pm
SAN FRANCISCO (AP) — A co-founder of Facebook's virtual-reality division is joining the exodus of executives to leave the company after striking it rich in lucrative sales of their startups. Oculus co-founder Brendan Iribe disclosed his decision to leave Facebook in Monday tweet, as well as a post...
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(AP Photo/Matt Rourke, File)
October 22, 2018 - 8:23 pm
SAN FRANCISCO (AP) — Netflix plans to borrow another $2 billion to help pay for the exclusive series and movies that its management credits for helping its video streaming service reel in millions of new subscribers during the past five years. The additional debt load announced Monday isn't a...
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(AP Photo/Richard Drew, File)
October 22, 2018 - 5:17 pm
NEWARK, N.J. (AP) — Hasbro, wrestling with the demise of Toys R Us and elusive shoppers spending a lot more on high-tech gadgets, fell well short of third-quarter expectations Monday and said it will cut some jobs to save costs. The toy maker, whose brands include Monopoly and Play-Doh, did not...
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Dreamstime
Lynne Adkins
October 20, 2018 - 10:00 pm
PHILADELPHIA (KYW Newsradio) -- Credit card costs are up and others are down these days, but there are ways for you to save some cash. Pay your credit cards off every month and you'll be fine says Ted Rossman, industry analyst at CreditCards.com, but if you don't -- get ready to dig deep. "Credit...
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coffee
Woo Bing Siew | Dreamstime.com
Kim Glovas
October 19, 2018 - 1:52 pm
Saxby's Coffee is offering a free coffee to anyone who comes in with an "I Voted" sticker on Nov. 6. But the election watchdog group Committee of 70 says not so fast. Committee spokesman Patrick Christmas said, "Federal law prohibits any one or any organization from offering payment for individuals...
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