Business

Lyft sticker applied to the rear window so a car
Gene J. Puskar/AP via CNN
March 18, 2019 - 8:41 am
By Chris Isidore, CNN Business (CNN) -- Lyft has set a price range for its initial public offering, which could value the company at about $20 billion. Lyft predicted investors would buy the stock for between $62 and $68 a share. The company expects to raise as much as $2.1 billion through the sale...
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Imam Ibrahim Abdul Halim of the Linwood mosque, center left, is embraced by Father Felimoun El-Baramoussy, center right, from the Coptic Church at the site of Friday's shooting outside the Linwood mosque in Christchurch, New Zealand, Monday, March 18, 201
Vincent Thian/AP Photo
March 18, 2019 - 7:58 am
By Juliet Williams, Stephen Wright and Kristen Gelineau, Associated Press CHRISTCHURCH, New Zealand (AP) — A Christchurch gun shop on Monday acknowledged selling guns online to the 28-year-old white supremacist accused of killing 50 people in mosque shootings that have upturned New Zealand's...
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Southwest Airlines planes are loaded at Seattle-Tacoma International Airport in Seattle.
Ted S. Warren/AP Photo, file
March 17, 2019 - 2:45 pm
DALLAS (AP) — Southwest Airlines and a union representing its mechanics say they're on the verge of ending a bitter, long-running labor dispute that has triggered hundreds of flight cancellations and raised safety concerns. The two sides say the breakthrough announced Saturday consists of a...
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A worker walks next to a Boeing 737 MAX 8 airplane parked at Boeing Field, Thursday, March 14, 2019, in Seattle.
Ted S. Warren/AP Photo
March 14, 2019 - 10:25 pm
NEW YORK (AP) — In an era of unprecedented airline safety, Boeing's newest version of its best-selling airliner has crashed twice in less than six months, killing 346 people and delivering a massive blow to the company's reputation. More than 40 countries either grounded the planes or refused to...
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Dick's Sporting Goods
Dick's Sporting Goods/CNNMoney
March 14, 2019 - 4:58 pm
By Nathaniel Meyersohn, CNN Business (CNN) — Dick's Sporting Goods will stop selling guns and ammunition at 125 stores where firearm sales have struggled. The company removed firearms and hunting accessories from 10 stores last fall as a test. The test went well and sales grew in those stores, Dick...
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The logo of social networking site Facebook is reflected on the screen of a smartphone resting on a laptop keyboard.
PA Images/Sipa USA
Tim Jimenez
March 14, 2019 - 7:13 am
PHILADELPHIA (KYW Newsradio) — The Facebook family of apps are mostly back up and running again after a major outage left users in the dark for much of Wednesday. The company had to go on Twitter to communicate about the outage with users. We’re aware that some people are currently having trouble...
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Wells Fargo CEO Tim Sloan's pay rose to $18.4 million in 2018, even as the bank continued an apology tour for customer abuses and faced massive regulatory penalties.
Andrew Harrer/Nloomberg/Getty Images via CNN
March 13, 2019 - 7:55 pm
By Julia Horowitz, CNN Business (CNN) -- Wells Fargo CEO Tim Sloan's pay rose to $18.4 million in 2018, even as the bank continued an apology tour for customer abuses and faced massive regulatory penalties. Sloan's compensation, a nearly 5% increase compared to 2017, was disclosed Wednesday in a...
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sports betting in Atlantic City
Wayne Parry/AP
March 13, 2019 - 4:27 pm
ATLANTIC CITY, N.J. (AP) — Nearly $2 billion has been wagered on sporting events in New Jersey in the nine months since such betting became legal last year. New Jersey gamblers plunked down more than $320 million on sporting events in February, led by action on the day of the Feb. 3 Super Bowl and...
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Bacon Cheeseburger from 5 Guys
Tim Dunn/RGJ
David Madden
March 13, 2019 - 3:17 pm
TRENTON, N.J. (KYW Newsradio) — An agreement between several states and four fast food chains deals a blow to franchise owners trying to stop their employees from jumping from one business to another. New Jersey and Pennsylvania joined 11 other states and the District of Columbia in striking deals...
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Visitors stand near a 5G logo at a display the PT Expo in Beijing.
Mark Schiefelbein/AP, file
March 13, 2019 - 1:22 pm
(Associated Press) — A handful of Verizon customers will soon have faster wireless service — but they'll have to pay $10 a month more. Verizon says it'll flip the switch next month on a much-hyped, next-generation "5G" phone network. Service will start in parts of Chicago and Minneapolis. The offer...
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