Business

Imperial Inn co-owner Tom So.
Hadas Kuznits/KYW Newsradio
Hadas Kuznits
January 26, 2019 - 4:00 am
PHILADELPHIA (KYW Newsradio) — One of Chinatown's oldest dim sum restaurants will be closing its doors for the last time on Sunday. Tom So, one of the four Imperial Inn owners, says Sunday lunch service will be there last after 45 years. "We are the second generation," So explains. "But the third...
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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
January 25, 2019 - 6:12 pm
NEW YORK (AP) — Facial-detection technology that Amazon is marketing to law enforcement often misidentifies women, particularly those with darker skin, according to researchers from MIT and the University of Toronto. Privacy and civil rights advocates have called on Amazon to stop marketing its...
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Verizon is about to cut hundreds of employees from its ailing media division as the company continues to tweak its multi-billion dollar bet on content and digital advertising.
David Paul Morris/Bloomberg/Getty Images via CNN
January 25, 2019 - 12:15 pm
By Seth Fiegerman, CNN Business (CNN) -- Verizon is about to cut hundreds of employees from its ailing media division as the company continues to tweak its multi-billion dollar bet on content and digital advertising. Verizon Media Group, the portfolio of media brands that includes Yahoo, AOL and...
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Virgin Group founder Richard Branson and Under Armour founder and CEO Kevin Plank announced a partnership between the apparel brand and Virgin Galactic.
Under Armour via CNN
January 25, 2019 - 12:02 pm
By Jackie Wattles, CNN Business (CNN) -- Under Armour makes sporting equipment, workout clothes, sneakers — and now, astronaut apparel. Virgin Galactic, which plans to use a rocket-powered plane to fly groups of tourists to the edge of space, announced Thursday that Under Armour will develop the...
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In this Jan. 15, 2019, file photo a robot named Marty cleans the floors at a Giant grocery store in Harrisburg, Pa.
Matt Rourke/AP Photo, File
January 24, 2019 - 11:42 am
By Matt O'Brien, AP Technology Writer Robots aren't replacing everyone, but a quarter of U.S. jobs will be severely disrupted as artificial intelligence accelerates the automation of existing work, according to a new Brookings Institution report. Thursday's report from the Washington think tank...
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Hulu
CNN
January 23, 2019 - 2:49 pm
By Jill Disis, CNN Business (CNN) — Hulu has dropped the price of its cheapest package by $2 — just a week after competitor Netflix raised prices for its services. Hulu's basic plan, which includes ads, will cost $6 per month starting Feb. 26, the company announced Wednesday. The streamer also said...
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From left: Joe Lupo on, dealer Steven Scheck and Rev. Collins Days hold guitars representing a $16,400 donation.
David Madden/KYW Newsradio
David Madden
January 22, 2019 - 12:12 pm
ATLANTIC CITY, N.J. (KYW Newsradio) — How often do you hear of a charity making out at a blackjack table? Dealers at an Atlantic City casino have donated two days' worth of tips to a local homeless shelter. The Hard Rock had two days of practice play prior to its late June opening. Dealers decided...
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medical marijuana
January 22, 2019 - 10:57 am
By Paul R. La Monica, CNN Business (CNN) -- US states are increasingly legalizing marijuana, but the drug still isn't mainstream enough to convince CBS to let a cannabis company run a Super Bowl ad in 2019. Acreage Holdings, a US-based cannabis firm that made a splash last year when it added former...
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A growing number of economists predict that the United States will experience a recession sometime later this year or in 2020. Investors are starting to worry about a downturn, too.
Spencer Platt/Getty Images
January 22, 2019 - 10:45 am
By Paul R. La Monica, CNN Business (CNN) -- A growing number of economists predict that the United States will experience a recession sometime later this year or in 2020. Investors are starting to worry about a downturn, too. About three quarters (73%) of investors expect a recession within the...
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This Saturday, March 24, 2018, file photo, shows a sign at a Starbucks in the U.S.
Gene J. Puskar/AP Photo, File
January 22, 2019 - 7:46 am
By The Associated Press Starbucks is expanding its delivery service and aims to offer it at nearly one-fourth of its U.S. company-operated coffee shops. The company said it is launching the service Tuesday in San Francisco and will expand to some stores in New York, Boston, Washington, Chicago and...
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