Business

FILE - In this Sept. 18, 2019, file photo people stand in line to inquire about jobs available at the Bean Automotive Group during a job fair in Miami. On Friday, Jan. 10, 2020, the U.S. government issues the December jobs report. (AP Photo/Lynne Sladky, File)
WCBS 880 Newsroom
January 10, 2020 - 6:20 pm
WASHINGTON (AP) — U.S. employers added 145,000 jobs in December and the unemployment rate held steady at 3.5%, signaling that the job market remains strong at the start of 2020 even if hiring and wage gains have slowed somewhat more than a decade into an economic expansion. Friday’s snapshot from...
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FILE - This Feb. 20, 2018, file photo shows the Grubhub app on an iPhone in Chicago. Food delivery service Grubhub is considering a possible sale of the business as competition intensifies in the sector. The Wall Street Journal reports that the company is looking at its strategic options. Grubhub competes in a sector filled with players including Uber Eats, DoorDash and Postmates. Consolidation in the industry is expected. (AP Photo/Charles Rex Arbogast, File)
Associated Press
January 09, 2020 - 2:30 pm
Big changes could be coming to the food delivery business, where companies have been struggling with high costs and fickle consumers. Grubhub Inc. — the second-largest player in the U.S. market by sales — is considering putting itself up for sale, The Wall Street Journal reported late Wednesday,...
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lizzy-buczak
January 09, 2020 - 9:33 am
Macy’s isn’t having a good start to 2020. The department store is on the cusp of closing more than two dozen stores around the US in the upcoming months. According to CNN Business , the company will close 28 Macy’s locations and one Bloomingdale’s location in several states including California,...
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FILE - This June 25, 2017 file, photo shows TK Holdings Inc. headquarters in Auburn Hills, Mich. Takata is recalling 10 million more front air bag inflators sold to 14 different automakers because they can explode with too much force and hurl shrapnel. The recall is the last one the bankrupt company agreed to in a 2015 settlement with U.S. safety regulators. It could bring to a close the largest series of recalls in U.S. history. (AP Photo/Paul Sancya, File)
Associated Press
January 08, 2020 - 6:52 pm
DETROIT (AP) — Takata is recalling 10 million more front air bag inflators sold to 14 different automakers because they can explode with too much force and hurl shrapnel. The recall is the last one the bankrupt company agreed to in a 2015 settlement with the U.S. safety regulators. It could bring...
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FILE - This March 29, 2018 file photo, shows the logo for social media giant Facebook at the Nasdaq MarketSite in New York's Times Square. Facebook said Monday Jan. 6, 2020 that it is banning “deepfake” videos, the false but realistic clips created with artificial intelligence and sophisticated tools, as it steps up efforts to fight online manipulation. (AP Photo/Richard Drew, File)
Associated Press
January 07, 2020 - 4:08 pm
LONDON (AP) — Facebook says it is banning “deepfake” videos, the false but realistic clips created with artificial intelligence and sophisticated tools, as it steps up efforts to fight online manipulation. But the policy leaves plenty of loopholes. The social network said late Monday that it's...
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FILE - In this June 14, 2006 file photo are U-Haul trucks sit on a dealer lot in Des Moines, Iowa. U-Haul has a New Year's resolution: cut down on hiring people who smoke. The moving company said that it won't hire nicotine users in the 21 states where it is legal to do so, saying that it wants to ensure a "healthier workforce." The new policy will start Feb. 1, 2020. and won't apply to those hired before then. (AP Photo/Charlie Neibergall, File)
Associated Press
January 02, 2020 - 3:39 pm
PHOENIX (AP) — U-Haul International has announced plans to stop interviewing and hiring nicotine users, including people who use e-cigarettes and vaping products. The well-known truck and trailer rental company approved the nicotine-free policy set to go into effect Feb. 1 in more than 20 states...
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Stock traders wear New Year's 2020 party glasses at the New York Stock Exchange, Tuesday, Dec. 31, 2019. Stocks slipped globally in quiet New Year's Eve trading Tuesday with many markets closed. Wall Street could close 2019 with back-to-back daily losses in a year that the U.S. posted the largest market gains since 2013. (AP Photo/Mark Lennihan)
Associated Press
December 31, 2019 - 6:12 pm
Wall Street closed the books Tuesday on a blockbuster 2019 for stock investors, with the broader market delivering its best returns in six years. The S&P 500 finished with a gain of 28.9% for the year, or a total return of 31.5%, including dividends. The Nasdaq composite rose 35.3%. For both...
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Minimum wage
Spencer Platt/Getty Images
WCBS 880 Newsroom
December 30, 2019 - 5:26 pm
Gov. Andrew Cuomo on Monday reminded all New Yorkers that the state minimum wage will increase once again on New Year’s Eve.
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FILE - In this Dec. 5, 2019, file photo trader James MacGilvray works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Monday, Dec. 30. (AP Photo/Richard Drew, File)
Associated Press
December 30, 2019 - 4:06 pm
Stocks are closing broadly lower on Wall Street as the market gives back some of its recent gains. The benchmark S&P 500 index is coming off five straight weeks of gains and multiple all-time highs. It's on track to end the month 2.6% higher. Technology, health care and communication services...
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Wawa
Jennifer Corbett/Delaware News Journal, Delaware News Journal via Imagn Content Services, LLC
Associated Press
December 27, 2019 - 10:37 am
PHILADELPHIA (AP) — The Wawa convenience store chain is facing a wave of lawsuits over a data breach that affected its 850 locations along the East Coast. Wawa Inc. discovered malware on its payment processing servers this month before stopping the breach Dec. 12, the company has said. Officials...
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