Business

Holiday Shopping
Dreamstime
Ian Bush
November 17, 2018 - 10:00 pm
PHILADELPHIA (KYW Newsradio) -- We're less than a week away from the traditional start to the holiday shopping bonanza. How are you planning to "spend" Black Friday? If you're like the average person in Deloitte's survey, you'll fork over $1,279 this holiday, with gift cards the top present. "...
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James Candy Company
Diane Stoneback/Allentown Morning Call/MCT/Sipa USA
David Madden
November 17, 2018 - 4:15 am
ATLANTIC CITY, N.J. (KYW Newsradio) — The company behind a tasty Jersey shore candy favorite has filed for Chapter 11 bankruptcy protection in Camden federal court. But that doesn't mean it’s going away — actually, far from it. You might not recognize the James Candy Company, but Fralinger’s Salt...
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The scooter-sharing startup Lime continues to clash with its suppliers amid questions about the safety of its scooters.
Gabriel Bouys/Getty Images via CNN
November 16, 2018 - 6:05 pm
By Matt McFarland, CNN Business (CNN) -- The scooter-sharing startup Lime continues to clash with its suppliers amid questions about the safety of its scooters. Chinese company Okai is pushing back on claims that it's the source of flawed Lime scooters. Earlier this month, Lime said it removed all...
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The conservative public affairs firm that worked for Facebook, and spread opposition research about its critics and competitors, tried to get one journalist to do a story suggesting the editors of Apple's news application were biased against Republicans.
Thomas Trutschel/Getty Images via CNN
November 16, 2018 - 3:28 pm
By Donie O'Sullivan, CNN Business (CNN) -- The conservative public affairs firm that worked for Facebook, and spread opposition research about the social media company's critics and competitors, tried to get at least one journalist to do a story suggesting that the editors of Apple's news...
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A Sears store in the Chicago area
Jose M. Osorio/Chicago Tribune/TNS/Sipa USA
November 16, 2018 - 2:37 pm
By Chris Isidore, CNN Business (CNN) -- Sears is seeking court approval to pay executives as much as $19 million in quarterly bonuses while the company struggles to restructure in bankruptcy. Three top executives could get nearly $1 million each if the company goes out of business. If Sears remains...
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In this Tuesday, Nov. 13, 2018 photo, an employee plays the FAO Premium Piano Dance Mat during a media preview of the new FAO Schwarz store at Rockefeller Center in New York.
AP Photo/Mary Altaffer
November 16, 2018 - 10:42 am
By Verena Dobnik, Associated Press NEW YORK (AP) — Three years after it closed its beloved toy store on Fifth Avenue, FAO Schwarz is making a return to New York. A new FAO opens Friday in Manhattan's Rockefeller Center, about 10 blocks from its former home near Central Park. For more than 150 years...
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Uber and Lyft apps on an iPhone
Xinhua/Sipa USA
Rachel Kurland
November 14, 2018 - 1:32 pm
PHILADELPHIA (KYW Newsradio) — In case you were ever on the fence about choosing between a ride-sharing app service or a cab, the top names in the carpooling game have just launched incentivized programs for its riders. Lyft announced its loyalty rewards program earlier this week. Lyft riders will...
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In this Nov. 13, 2018, photo, workers prepare to install gigantic video screens at Resorts Casino in Atlantic City N.J., in the casino's new sports betting facility it will open with DraftKings on Nov. 20.
AP Photo/Wayne Parry
November 14, 2018 - 10:53 am
By Wayne Parry, Associated Press ATLANTIC CITY, N.J. (AP) — DraftKings and Resorts Casino are firing the latest shot in New Jersey's sports book arms race, with a full-fledged sports betting facility due to open in a week. The two companies told The Associated Press their 5,000-square-foot sports...
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Cooper University Hospital
Tim Jimenez/KYW Newsradio
David Madden
November 14, 2018 - 7:41 am
CAMDEN, N.J. (KYW Newsradio) — The new year will bring a new minimum wage for hundreds of workers at Camden County’s largest employer. Cooper University Health Care is taking its minimum wage to $15 an hour, affecting 10 percent of the company’s 7,500-member workforce. Chairman George Norcross...
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Philadelphia City Hall.
Holli Stephens / KYW Newsradio
Pat Loeb
November 13, 2018 - 3:11 pm
PHILADELPHIA (KYW Newsradio) — Amazon has chosen Queens, New York, and northern Virginia to split its new corporate headquarters, bypassing Philadelphia, despite the city's offer of more than $1 billion in tax incentives. While city officials say they are disappointed, they have no regrets. Harold...
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