Business

August 19, 2019 - 4:15 pm
Long Island entrepreneurial all-stars will join Joe Connolly for WCBS Newsradio 880's always informative and interactive Business Breakfast at the Hilton Long Island/Huntington on Thursday, October 17.
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Walmart
Jeremy Long/Lebanon Daily News via USA TODAY NETWORK
Erica Brosnan
September 20, 2019 - 3:23 pm
Walmart on Friday announced it will no longer be selling e-cigarettes at its stores following a surge in mysterious vaping-related illnesses and deaths.
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Federal Reserve Board Chair Jerome Powell speaks at a news conference following a two-day meeting of the Federal Open Market Committee, Wednesday, Sept. 18, 2019, in Washington. (AP Photo/Patrick Semansky)
Associated Press
September 18, 2019 - 4:49 pm
WASHINGTON (AP) — A sharply divided Federal Reserve cut its benchmark interest rate Wednesday for a second time this year but declined to signal that further rate cuts are likely this year. The Fed's move reduced its key short-term rate — which influences many consumer and business loans — by an...
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FILE - In this April 2, 2018, file photo, a pharmacist in San Francisco poses for photos holding a bottle of OxyContin. In court papers filed in New York on Sunday, Sept. 15, 2019, Purdue Pharma, the drug's manufacturer, flied for Chapter 11 bankruptcy protection. (AP Photo/Jeff Chiu, File)
WCBS 880 Newsroom
September 15, 2019 - 11:46 pm
Purdue Pharma, the company that made billions selling the prescription painkiller OxyContin, filed for bankruptcy in White Plains, New York, days after reaching a tentative settlement with many of the state and local governments suing it over the toll of opioids. The filing was anticipated before...
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FILE - In this Nov. 9, 2018, file photo, a box of merchandise is unloaded from a truck and sent along a conveyor belt at a Walmart Supercenter in Houston. Walmart is rolling out an unlimited grocery delivery subscription service this fall for a $98 annual fee. The service will reach 1,400 stores in 200 markets and allows the nation’s largest grocer to further tap into time-starved shoppers looking for convenience. (AP Photo/David J. Phillip, File)
Associated Press
September 12, 2019 - 12:16 am
NEW YORK (AP) — Walmart is rolling out an unlimited grocery delivery subscription service this fall as it races to gain an advantage in the competitive fresh food business. The service will charge an annual membership fee of $98 for subscribers to access unlimited same-day delivery, which will be...
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Apple CEO Tim Cook talks about the latest iPhone during an event to announce new products Tuesday, Sept. 10, 2019, in Cupertino, Calif. (AP Photo/Tony Avelar)
Associated Press
September 10, 2019 - 6:56 pm
CUPERTINO, Calif. (AP) — Apple is finally taking on Netflix with its own streaming television service and, uncharacteristically for the company, offering it at a bargain price — $5 a month beginning on Nov. 1. Walt Disney Co. is launching its own assault on Netflix the same month, for just $7. It...
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Activists of the environment protection organization 'Greenpeace' pump up a giant ballon to protest against climate-damaging cars displayed at the IAA Auto Show in Frankfurt, Germany, Tuesday, Sept. 10, 2019. (AP Photo/Michael Probst)
Associated Press
September 10, 2019 - 4:14 am
FRANKFURT, Germany (AP) — The headwinds buffeting the auto industry are making themselves felt at the Frankfurt Motor Show, with companies confronting a slowdown in sales due to global trade uncertainty and pressure from governments to lower emissions of air pollutants and greenhouse gases. Signs...
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FILE - In this May 1, 2019, file photo a man walks past a Google sign outside with a span of the Bay Bridge at rear in San Francisco. A group of states are expected to announce an investigation into Google on Monday, Sept. 9, to investigate whether the tech company has become too big. (AP Photo/Jeff Chiu, File)
Associated Press
September 09, 2019 - 3:01 pm
WASHINGTON (AP) — Fifty U.S. states and territories, led by Texas, announced an investigation into Google's "potential monopolistic behavior." The Monday announcement closely followed one from a separate group of states Friday that disclosed an investigation into Facebook's market dominance. The...
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Nissan Chief Executive Hiroto Saikawa speaks during a press conference in the automaker's headquarters in Yokohama, near Tokyo, Monday, Sept. 9, 2019. Saikawa tendered his resignation Monday after acknowledging that he had received dubious income and vowed to pass the leadership of the Japanese automaker to a new generation. (AP Photo/Koji Sasahara)
Associated Press
September 09, 2019 - 11:24 am
YOKOHAMA, Japan (AP) — Nissan Chief Executive Hiroto Saikawa tendered his resignation Monday after acknowledging that he had received dubious income and vowed to pass the leadership of the Japanese automaker to a new generation. "It would have been better if I had been able to resolve everything...
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Associated Press
September 06, 2019 - 8:31 am
WASHINGTON (AP) — The Latest on the August jobs report (all times local): 8:30 a.m. U.S. employers added a modest 130,000 jobs in August, a sign that global economic weakness and President Donald Trump's trade war with China may have begun to slow hiring. The job gains were lifted by the temporary...
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