Business

Borgata casino in Atlantic City
Wayne Parry/AP
May 22, 2019 - 1:11 pm
ATLANTIC CITY, N.J. (AP) — Atlantic City's Borgata casino is investing $12 million in a new sports betting and entertainment project. Casino officials tell The Associated Press it will open a sports bar and sports betting facility named Moneyline Bar & Book on June 29. The name is a reference...
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bartender serving drinks
iStock / Getty Images Plus
Tim Jimenez
May 22, 2019 - 9:54 am
MARPLE TOWNSHIP, Pa. (KYW Newsradio) — Voters in five Delaware and Chester county communities have spoken, and those "dry" towns will be dry no more. Marple Township isn't completely dry, because there are beer distributors and liquor stores in town. But there are no bars. And if you want a mixed...
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Dressbarn
Dave Kotinsky/Getty Images for dressbarn
May 21, 2019 - 9:32 am
NEW YORK (AP) — Dressbarn, the women's clothing chain that's been around for nearly 60 years, is closing all 650 of its stores. The company's chief financial officer, Steven Taylor, said Dressbarn has not been operating at an "acceptable level of profitability in today's retail environment." Its...
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Nike, Adidas, Under Armour, Foot Locker and other sneaker brands and retailers told President Donald Trump on Monday that proposed tariffs on imported shoes from China would be "catastrophic" for American consumers.
Nike via CNN
May 20, 2019 - 7:49 pm
By Nathaniel Meyersohn, CNN Business (CNN) - - Nike, Adidas, Under Armour, Foot Locker and other sneaker brands and retailers told President Donald Trump on Monday that proposed tariffs on imported shoes from China would be "catastrophic" for American consumers. "Any action taken to increase duties...
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Product photography of the Google Glass wearable.
Google via CNN
May 20, 2019 - 4:04 pm
By Ahiza Garcia, CNN Business (CNN) -- Google Glass didn't resonate with the general public, but it may have found a foothold in the workplace. Google announced on Monday a new version of its augmented reality smart glasses, called Google Glass Enterprise Edition 2, designed specifically for...
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Little Ceasars Impossible Pizza
Little Ceasars
May 20, 2019 - 12:22 pm
By Danielle Wiener-Bronner, CNN Business (CNN) — Little Caesars is joining the plant-based protein trend with a pizza topped with non-meat sausage. The pizza chain said Monday that it is testing out the Impossible Supreme pizza — topped with a meatless sausage made by Impossible Foods — in Florida...
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Whole Foods
RJ Sangosti/The Denver Post/Getty Images
May 20, 2019 - 11:55 am
By Jordan Valinsky, CNN Business (CNN) — Responding to customers' demands, Whole Foods is ramping up its war on disposable plastic. The Amazon-owned company announced Monday that will stop offering plastic straws across all of its 500 stores in the United States, the United Kingdom and Canada...
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Ford
David Zalubowski/AP, file
May 20, 2019 - 11:04 am
DETROIT (AP) — Ford is cutting about 7,000 white-collar jobs, which would make up 10% of its global workforce. The company has said it was undertaking a major restructuring, and on Monday said that it will have trimmed thousands of jobs by August. The company said that the plan will save about $600...
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Construction workers build new housing.
Elise Amendola/AP, file
May 16, 2019 - 11:50 am
WASHINGTON (AP) — U.S. home construction rose in April, led by an uptick in single-family homes. The Commerce Department said Thursday that homebuilding rose 5.7% last month to a seasonally adjusted annual rate of 1.24 million. But housing starts fell 2.5% from a year earlier, suggesting that would...
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Walmart
David J. Phillip/AP, file
May 16, 2019 - 10:59 am
NEW YORK (AP) — Walmart warned on Thursday that higher tariffs on imports from China will mean higher prices at the low price leader. The comments came after the nation's largest retailer reported its best sale performance at its established U.S. namesake stores for the fiscal first quarter in nine...
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