Business

Thousands of New Jersey workers are getting a raise Monday as a hike in the minimum wage takes effect.
Mike DeNardo/KYW Newsradio
Mike DeNardo
July 01, 2019 - 6:00 pm
CHERRY HILL, N.J. (KYW Newsradio) — Thousands of New Jersey workers are getting a raise Monday as a hike in the minimum wage takes effect. The minimum wage jumps to $10 an hour from $8.85. It’s the beginning of a five-year phase-in that will see the minimum wage at $15 by 2024. It means an...
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Six weeks after Huawei was blacklisted by the US government, President Donald Trump had what the Chinese telecom firm described as a "U-turn."
Fred Dufour/AFP/Getty Images via CNN
June 30, 2019 - 12:14 pm
By Jackie Wattles, CNN Business (CNN) - - Six weeks after Huawei was blacklisted by the US government, President Donald Trump had what the Chinese telecom firm described as a "U-turn." Trump said Saturday that "US companies can sell their equipment to Huawei," as long as the transactions won't...
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Caesars Palace
Ethan Miller/Getty Images
David Madden
June 25, 2019 - 12:24 pm
ATLANTIC CITY, N.J. (KYW Newsradio) — A massive merger in the gaming industry could have serious financial repercussions down the shore. Eldorado Resorts is planning to take over Caesars Entertainment in a $17.3 billion transaction, which will result in the largest gaming company in America. About...
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Fresh Food Fight
Hadas Kuznits/KYW Newsradio
Hadas Kuznits
June 12, 2019 - 4:08 pm
PHILADELPHIA (KYW Newsradio) — Nothing brings vendors together like a very public food fight. Reading Terminal Market hosted the semifinal round of its Fresh Food Fight Wednesday — a creative, competitive effort to bring in different merchants to the terminal. The market hosted the contest because...
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Jimmy Iovine
Steve Tawa/KYW Newsradio
Steve Tawa
June 05, 2019 - 3:50 pm
PHILADELPHIA (KYW Newsradio) — As President Donald Trump's threatened tariffs on Mexico are about to kick in, merchants at the Philadelphia Wholesale Produce Market along Essington Avenue in Southwest Philadelphia are just about ready to throw tomatoes at Washington politicians. Jimmy Iovine, the...
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lensblur/Getty Images
John McDevitt
May 29, 2019 - 4:04 pm
NEW JERSEY (KYW Newsradio) — New Jersey's Division of Alcoholic Beverage Control (ABC) issued a special ruling for breweries on Tuesday, addressing industry concerns. If visitors wanted to drink beer in a tasting room, they used to be required to take a tour of the brewery every time. Now, you just...
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Ted Sarandos says the streaming giant will rethink their investment in Georgia if the state’s recently passed abortion law goes into effect.Richard Shotwell/Invision/AP, File
Richard Shotwell/Invision/AP, File
May 28, 2019 - 2:18 pm
NEW YORK (AP) — Though major studios have so far remained quiet on Georgia's recently passed abortion law , Netflix on Tuesday said it will contest the legislation and "rethink our entire investment" in the state, should the law going into effect. Netflix chief content officer Ted Sarandos said in...
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A U.S. sailor has pleaded guilty to espionage and sentenced to three years after admitting he took classified information about a Navy's nuclear-powered warship and planned to give it to a journalist and then defect to Russia officials said Friday, May 24
Hau Dinh/AP Photo, File
May 24, 2019 - 2:38 pm
SAN DIEGO (AP) — A U.S. sailor has pleaded guilty to two counts of espionage and sentenced to three years after admitting he took classified information about the Navy's nuclear-powered warships and planned to give it to a journalist and then defect to Russia, officials said Friday. U.S. Navy Petty...
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Nike, Adidas, Under Armour, Foot Locker and other sneaker brands and retailers told President Donald Trump on Monday that proposed tariffs on imported shoes from China would be "catastrophic" for American consumers.
Nike via CNN
May 20, 2019 - 7:49 pm
By Nathaniel Meyersohn, CNN Business (CNN) - - Nike, Adidas, Under Armour, Foot Locker and other sneaker brands and retailers told President Donald Trump on Monday that proposed tariffs on imported shoes from China would be "catastrophic" for American consumers. "Any action taken to increase duties...
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Marvel Studios Pres. Kevin Feige, from left, poses with members of the "Avengers: End Game," cast Chris Hemsworth, Chris Evans, Robert Downey Jr., Scarlett Johansson, Jeremy Renner and Mark Ruffalo at a hand and footprint ceremony at TCL Chinese Theatre.
Willy Sanjuan/Invision/AP
April 24, 2019 - 5:27 pm
NEW YORK (AP) — By any measure, the release of "Avengers: Endgame" is a movie-theater event unlike any other. When the 22nd film in Marvel Studios' saga opens in North American theaters on Thursday night, it will land on more screens than any movie ever has in U.S. and Canadian theaters. And even...
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