Business

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...

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...

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...

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...

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...

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...

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...

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...

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...

(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...