Business

Facebook CEO Mark Zuckerberg and his wife, Priscilla Chan
AP Photo/Jeff Chiu, File
June 12, 2018 - 11:47 am
By David Crary, AP National Writer NEW YORK (AP) — Fueled by a surging stock market and huge gifts from billionaires, charitable giving in the United States in 2017 topped the $400 billion mark for the first time, according to the latest comprehensive report on Americans' giving patterns. The...
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former Alaska Gov. Sarah Palin wears Christian Louboutin shoes
AP Photo/Cliff Owen, FILE
June 12, 2018 - 11:03 am
LUXEMBOURG (AP) — The European Union's top court has defended French fashion designer Christian Louboutin's claim to trademark red soled high-heel shoes. The European Court of Justice ruled Tuesday that Van Haren, a Dutch company that sold similar shoes, had infringed the trade mark. The court said...
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White House adviser Jared Kushner
AP Photo/Susan Walsh, File
June 12, 2018 - 10:56 am
By Stephen Braun and Bernard Condon, Associated Press WASHINGTON (AP) — Financial disclosure forms show that White House special adviser — and President Donald Trump's son-in-law — Jared Kushner's wealth and debt both appear to have risen over the year, an indication of the complex state of his...
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In this Monday, Oct. 24, 2016, file photo, the AT&T logo is positioned above one of its retail stores, in New York.
AP Photo/Mark Lennihan, File
June 12, 2018 - 10:48 am
By Marcy Gordon, AP Business Writer WASHINGTON (AP) — The fate of the AT&T-Time Warner merger, a massive media deal opposed by the government that could shape how much consumers pay for streaming TV and movies, rests in the hands of a federal judge. U.S. District Judge Richard Leon is expected...
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Linode is now headquartered at 3rd and Arch in Philadelphia
Andrew Kramer-KYW Newsradio
Andrew Kramer
June 11, 2018 - 9:23 pm
PHILADELPHIA (KYW Newsradio) — Tech company Linode now calls Philadelphia home. They moved into the original Union Bank Headquarters at 3rd and Arch Streets in Old City, once home to the set of MTV's Real World in 2004. And on Monday night, a ribbon cutting was held to celebrate the transition. "...
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Dreamstime
Rachel Kurland
June 11, 2018 - 6:26 pm
PHILADELPHIA (KYW Newsradio) — If you find yourself in close proximity to an IHOP but really craving a burger, fear not: The restaurant known for its variety of flapjacks flipped the “P” for a “B,” temporarily changing its name to the International House of Burgers (IHOb) . But many restaurant...
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The federal funds rate, which helps determine rates for mortgages, credit cards and other borrowing, stands at a range of 1.5% to 1.75%. The Fed is expected to bump it up by a quarter of a percentage point.
Getty Images/Shutterstock/CNNMoney
June 11, 2018 - 5:20 pm
By Donna Borak (CNN Money) -- The Federal Reserve is poised to raise interest rates for the second time this year. The economy has started to roar: The unemployment rate is 3.8%, tied for the lowest since 1969. Wages are rising faster. And inflation has finally risen to the level the Fed considers...
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In this Thursday, May 3, 2018 file photo, Rupert Stadler, CEO of Audi AG, attends the shareholders' meeting of the Volkswagen stock company in Berlin, Germany.
AP Photo/Michael Sohn, file
June 11, 2018 - 10:35 am
FRANKFURT, Germany (AP) — German prosecutors say they have expanded their probe into manipulation of emissions controls at Volkswagen's Audi division to include Audi's CEO, Rupert Stadler. Munich prosecutors said Stadler's private residence was searched on Monday along with that of another division...
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hamburger
June 11, 2018 - 9:06 am
By Paul R. La Monica (CNN Money) -- The mystery of IHOb is solved. IHOP said on Monday that it's temporarily changing its branding because the B stands for burgers. It's only a marketing campaign. IHOP isn't changing its name. But the chain of breakfast diners took social media by storm last week...
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package delivery
June 11, 2018 - 8:59 am
By Jordan Valinsky (CNN Money) -- Now even more Amazon Prime members can save extra money at Whole Foods. The grocery chain will expand its Prime-exclusive discounts to 10 new states Wednesday. The perks program includes an extra 10% off sale items and rotating deals for members of Amazon's $119-a-...
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