Business

(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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FILE - In this Oct. 9, 2003 file photo, Paul Allen, Microsoft co-founder for the dedication of the Paul G. Allen Center for Computer Science and Engineering at the University of Washington in Seattle.
AP Photo/John Froschauer, File
October 18, 2018 - 7:44 pm
SEATTLE (AP) — Prior to his death on Monday, billionaire Microsoft co-founder Paul Allen invested large sums in technology ventures, research projects and philanthropy, some of it eclectic and highly speculative. What happens to those commitments now? Outside of bland assurances from his investment...
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Jean Marc looks at a sample at a cannabis store in Winnipeg, Manitoba, Wednesday, Oct. 17, 2018.
John Woods/The Canadian Press via AP
October 18, 2018 - 9:46 am
By Rob Gillies, Gene Johnson and Tracey Lindeman, Associated Press MONTREAL (AP) — Cam Battley is a top executive at one of Canada's biggest marijuana companies, but he isn't sticking around to savor the country's historic pot legalization. He's off to Germany on Friday and Australia next week — a...
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Saudi Crown Prince Mohammed bin Salman
Getty Images
October 17, 2018 - 9:01 am
By CNN Business staff (CNN) -- Some of the biggest names in global business and finance have canceled plans to attend an investment conference in Saudi Arabia next week because of the unexplained disappearance of prominent Saudi journalist Jamal Khashoggi. The Washington Post columnist hasn't been...
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In this July 8, 2017, file photo people walk into a Sears store slated for closing that is next to a mall that is being torn down in Overland Park, Kan
AP Photo/Charlie Riedel, File
October 15, 2018 - 7:55 am
By Anne D'Innocenzio, AP Retail Writer NEW YORK (AP) — Sears filed for Chapter 11 bankruptcy protection Monday, with plans to shutter 142 unprofitable stores in the hopes that it can stay in business. The question now is whether a smaller version of the company that once towered over the American...
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Google offices
PA Images/Sipa USA
Ian Bush
October 13, 2018 - 11:30 pm
PHILADELPHIA (KYW Newsradio) — If you own a voice-assistant speaker or an Internet-connected thermostat, you have the makings of what most would call a "smart home." Google has another name for it, and this past week announced new device to serve as the "brains" of your house. "Thoughtful home" is...
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