Business

Tesla CEO Elon Musk said his electric car company came "within single-digit weeks" of death this year as it struggled to meet production targets for its Model 3 sedan.
Getty Images via CNN
November 26, 2018 - 9:44 pm
By Taylor Nicole Rogers, CNN Business (CNN) -- Tesla CEO Elon Musk said his electric car company came "within single-digit weeks" of death this year as it struggled to meet production targets for its Model 3 sedan. Musk made the comments about Tesla's cash crunch on "Axios on HBO" on Sunday. Tesla...
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In this June 10, 2011, file photo, a worker checks the paint on a Camaro at the GM factory in Oshawa, Ontario.
Frank Gunn/The Canadian Press via AP, File
November 26, 2018 - 11:05 am
By Tom Krisher and Rob Gillies, Associated Press DETROIT (AP) — General Motors will lay off 14,700 factory and white-collar workers in North America and put five plants up for possible closure as it restructures to cut costs and focus more on autonomous and electric vehicles. The reduction includes...
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Apple is at the Supreme Court to defend the way it sells apps for iPhones against claims by consumers that the company has unfairly monopolized the market.
AP Photo/Patrick Semansky, File
November 26, 2018 - 10:22 am
By Mark Sherman, Associated Press WASHINGTON (AP) — Apple is at the Supreme Court to defend the way it sells apps for iPhones against claims by consumers that the company has unfairly monopolized the market. The justices are hearing arguments Monday in Apple's effort to end an antitrust lawsuit...
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Christmas trees are lined up outside of Porta Philadelphia.
Andrew Kramer/KYW Newsradio
Andrew Kramer
November 26, 2018 - 7:24 am
PHILADELPHIA (KYW Newsradio) — When ordering a pizza, it's common to choose among several toppings. At one pizza spot in Philadelphia this holiday season, customers have another decision to make: What Christmas tree do you want with your pies? Patrons of Porta Philadelphia, on Chestnut Street near...
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Dreamstime
November 26, 2018 - 12:13 am
WASHINGTON (AP) — Shoppers heading online to purchase holiday gifts will find they're being charged sales tax at some websites where they weren't before. The reason: the Supreme Court. A June ruling gave states the go-ahead to require more companies to collect sales tax on online purchases. Now,...
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(AP Photo/Ng Han Guan, File)
November 25, 2018 - 8:54 pm
BEIJING (AP) — Don't mess with China and its growing cadre of powerful luxury consumers. Dolce&Gabbana learned that lesson the hard way when it faced a boycott after Chinese expressed outrage over what were seen as culturally insensitive videos promoting a major runway show in Shanghai and...
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Kimberly Adams/KYW Newsradio
Kimberly Adams
November 24, 2018 - 5:41 pm
PHILADELPHIA (KYW Newsradio) -- Hundreds laced up their comfy shoes in Manayunk, so they could do a little bit of walking and a whole lot of shopping on Small Business Saturday. "We are 20 percent off everything full price, 30 percent denim and our cashmere is forty percent off," said Anna Purcell...
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Starting Monday and running until Thanksgiving, extra police and Philadelphia Parking Authority officers will be strictly enforcing the rules on Market Street from Seventh to 13th streets, and on Chestnut Street between 10th and 22nd streets.
Mike DeNardo/KYW Newsradio
John McDevitt
November 24, 2018 - 6:00 am
PHILADELPHIA (KYW Newsradio) — Free limited parking on Saturdays is a holiday tradition in Philadelphia. Starting Saturday, and running through Dec. 29, drivers won't have to pay for street parking at kiosks or meters citywide after 11 a.m. "We want to encourage people to come in from the suburbs,...
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Museum Shop Sunday
Courtesy of the Barnes Foundation
Ian Bush
November 24, 2018 - 6:00 am
PHILADELPHIA (KYW Newsradio) — For people who are not all "shopped out" after Friday's bargain bonanza, Sunday brings a special event at some stores that many might not have considered on their holiday lists. Gift shops at Philadelphia museums carry a lot of unique items — and most of the time, a...
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Holiday Shopping
Dreamstime
John McDevitt
November 24, 2018 - 6:00 am
PHILADELPHIA (KYW Newsradio) — Saturday across the country, holiday shoppers are supporting local communities. It's the 9th annual Small Business Saturday, started by American Express in 2010 to encourage people to shop at mom-and-pop stores, not just the big guys. Michael Kane, the deputy director...
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