Business

Joe Balzano Jr., president of the facility's parent company EMR Eastern, aims to employ as many as 280 people at My Auto Store by the end of the year.
Mike DeNardo | KYW Newsradio
Mike DeNardo
September 10, 2018 - 4:20 pm
CAMDEN, N.J. (KYW Newsradio) — Usually towns are eager to show off manufacturers. But in Camden on Monday, city officials welcomed a business that takes things apart. In the 5-month-old My Auto Store facility in Camden, cars move down two production lines, but workers are actually disassembling...
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In this July 29, 2013, file photo, Les Moonves arrives at the CBS, CW and Showtime TCA party at The Beverly Hilton in Beverly Hills, Calif.
Jordan Strauss/Invision/AP, File
September 10, 2018 - 10:16 am
By David Bauder, AP Media Writer NEW YORK (AP) — The #MeToo movement fighting sexual misconduct had already claimed one of Hollywood's top movie moguls in Harvey Weinstein. Now it has done the same for Leslie Moonves, one of the television industry's most powerful executives. The CBS Corp...
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Sthanlee B. Mirador/Sipa USA
September 09, 2018 - 8:03 pm
By: Brian Stelter (CNN Money) -- CBS chief executive Les Moonves has resigned amid a flurry of sexual misconduct allegations, ending a 20-year tenure atop one of the country's most important media empires. The announcement Sunday evening also concludes a months-long battle for control of CBS...
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(AP Photo/Kiichiro Sato, File)
September 07, 2018 - 10:51 am
DETROIT (AP) — Shares of electric car maker Tesla Inc. tumbled about 7 percent as the markets opened Friday after the CEO appeared to smoke marijuana during an interview and the company's accounting chief left after a month on the job. During a podcast that was shown on YouTube, CEO Elon Musk...
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n this Wednesday, June 20, 2018, file photo, Jason Joshua waits on customers at Zak the Baker in Miami.
(AP Photo/Lynne Sladky, File)
September 07, 2018 - 8:15 am
WASHINGTON (AP) — Hiring in the United States picked up in August as employers added a strong 201,000 jobs, a sign of confidence that consumers and businesses will keep spending despite the Trump administration's ongoing conflicts with its trading partners. The unemployment rate remained at 3.9...
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(AP Photo/Frank Augstein, FILE)
September 07, 2018 - 7:11 am
LONDON (AP) — Hackers obtained the credit card details of some 380,000 British Airways travelers during a two-week data breach this summer that leaves the customers vulnerable to financial fraud, the airline says. BA's CEO, Alex Cruz, said Friday that enough data was stolen to allow criminals to...
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Amazon
PA Images/Sipa USA
Pat Loeb
September 06, 2018 - 9:41 pm
PHILADELPHIA (KYW Newsradio) — It's been exactly one year since online giant Amazon set off a national frenzy with the announcement it would build a second corporate headquarters in North America. Philadelphia is still in the running, but very few people know what's in its bid. You can visit a...
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Starbucks
Ferre' Dollar/CNN
September 06, 2018 - 10:14 am
By Ivana Kottasová (CNN Money) -- Thirty-five years after a trip to Milan inspired American entrepreneur Howard Schultz to transform Starbucks, the coffee chain has finally arrived in Italy. Starbucks will open its first store in the country on Friday, cutting the ribbon on a massive "Reserve...
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Facebook is taking action in the wake of the Russia investigation
CNN Wire
September 06, 2018 - 8:33 am
(CNN Money) -- Facebook has picked Singapore for its first data center in Asia, announcing plans to spend $1 billion on a project that highlights its growth ambitions in the region. The company is joining other tech heavyweights like Google and Microsoft in pouring big sums into network...
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Colin Kaepernick Nike Ad
Colin Kaepernick/Nike via CNN
September 05, 2018 - 9:06 pm
By Jill Disis (CNN Money) -- Colin Kaepernick will be back on television this football season. The quarterback who inspired the NFL player protest movement stars in a new commercial for Nike, which this week made him a face of its 30th anniversary "Just Do It" campaign. Nike says the ad will air...
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