Business

Online leader Amazon Inc. has refused comment on reports that it plans to split its new headquarters between two locations.
AP Photo/Reed Saxon, File
November 06, 2018 - 8:40 am
NEW YORK (AP) — Amazon isn't commenting on reports that it plans to split its new headquarters between facilities in two cities rather than choosing just one. The New York Times, citing unnamed people familiar with the decision-making process, said the company is nearing deals to locate in Queens...
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Amazon Prime Now delivery
John McDevitt/KYW Newsradio
Pat Loeb
November 05, 2018 - 5:44 pm
PHILADELPHIA (KYW Newsradio) — The Wall Street Journal is reporting that Amazon now plans to split its second headquarters between two places, and is in talks with three cities that are the leading contenders. None of them is Philadelphia, but Mayor Jim Kenney is not getting excited about it...
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Lowe's said Monday that locations are underperforming and the decision will help the hardware chain focus on its most profitable stores and "improve the overall health of its store portfolio."
Scott Olson/Getty Images
November 05, 2018 - 11:31 am
By Jordan Valinsky, CNN Business (CNN) -- In another sign of the times for retail, Lowe's is closing 51 North American stores, including one in nearby Shippensburg, Pennsylvania. Lowe's said Monday that those locations are underperforming and the decision will help the hardware chain focus on its...
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Starting Monday, Amazon will offer free shipping on holiday purchases
CNN
November 05, 2018 - 9:06 am
By Nathaniel Meyersohn (CNN Business) -- For the first time, Amazon is offering free shipping on all holiday orders in an effort to add new Prime members and juice the season's sales numbers. Last year, Amazon shoppers without Prime memberships had to spend at least $25 to earn free shipping, but...
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(AP Photo/Vincent Yu)
November 04, 2018 - 11:29 pm
SINGAPORE (AP) — Asian markets tumbled Monday as traders feared that President Donald Trump only reported progress in trade talks with China to score political points as the U.S. midterm elections draw near. KEEPING SCORE: Japan's Nikkei 225 index fell 1.2 percent at 21,985.05 and South Korea's...
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Amazon
PA Images/Sipa USA
November 03, 2018 - 5:34 pm
NEW YORK (AP) — Retail giant Amazon Inc. is in "advanced talks" to open its second headquarters in the Washington, D.C., metropolitan area, The Washington Post reported Saturday. Amazon, based in Seattle, is apparently seriously considering an area known as Crystal City. It's a large residential...
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Photo Credit: Applebee's via CNN
November 03, 2018 - 4:50 pm
By Danielle Wiener-Bronner (CNN) -- Applebee's knows you're stressed, and it wants to make you feel better with cheap alcohol and lots of food. That's been the brand's strategy since John Cywinski took over as its president in March of last year. And it's working: Applebee's US same-store sales...
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In this Jan. 30, 2018, file photo, Loredana Gonzalez, of Doral, Fla., fills out a job application at a JobNewsUSA job fair in Miami Lakes, Fla.
AP Photo/Lynne Sladky, File
November 02, 2018 - 1:30 pm
By Christopher Rugaber, AP Economics Writer WASHINGTON (AP) — U.S. businesses ramped up hiring in October, and wages rose by the largest year-over-year amount in nearly a decade, a combination that is pulling a rising share of Americans into the job market. In the final major economic report before...
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Starbucks Holiday Cups
Starbucks
November 02, 2018 - 12:23 pm
By Danielle Wiener-Bronner, CNN Business (CNN) -- Starbucks is giving the people what they say they want: Red and green holiday cups. On Thursday, the company unveiled four new holiday cup designs: One with red stripes, one with a green argyle pattern, one with red and white flames and one with...
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Starbucks
Justin Sullivan/Getty Images via CNN
November 01, 2018 - 10:37 pm
By Danielle Wiener-Bronner, CNN Business (CNN) -- Starbucks is planning to open 2,100 new stores globally next year. The company laid out the plan in its fourth-quarter earnings release on Thursday. Starbucks (SBUX) added about 600 new stores in the most recent quarter and has over 29,300...
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