Business

FILE - In this June 10, 2011, file photo, a worker checks the paint on a Camaro at the GM factory in Oshawa, Ontario. General Motors is closing a Canadian plant at the cost of about 2,500 jobs, but that is apparently just a piece of a much broader, company-wide restructuring that will be announced as early as Monday, Nov. 26, 2018. (Frank Gunn/The Canadian Press via AP, File)
November 26, 2018 - 12:08 pm
DETROIT (AP) — General Motors will lay off up to 14,000 factory and white-collar workers in North America and put five plants up for possible closure as it restructures to cut costs and focus more on autonomous and electric vehicles. The reduction includes 8,100 white-collar workers, some of whom...
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Lord & Taylor
WCBS 880
November 24, 2018 - 1:59 pm
For generations, the Lord & Taylor on Fifth Avenue helped define Christmas in New York. It was the city’s first department store to turn its big sidewalk windows into animated, theatrical holiday displays. Tourists lined up to see them transformed into enchanted forests, gingerbread palaces and...
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Biancardi Meats
WCBS 880
November 24, 2018 - 1:18 pm
Thousands of shoppers nationwide will take place in Small Business Saturday, but in one Bronx neighborhood shopping locally isn’t just an annual event, it happens every day.
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Black Friday
WCBS 880
November 23, 2018 - 9:55 am
Black Friday is still expected to be a busy shopping day, but the droves of people that showed up early in years past seem to be absent this year.
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November 21, 2018 - 7:10 am
COPENHAGEN, Denmark (AP) — Swedish home furnishings giant Ikea said the biggest retailer within its franchise system is to create a net 4,000 jobs over the coming two years as it expands its online presence and opens new shops in city centers to complement its trademark larger stores in the suburbs...
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Wall Street
AP Photo/Richard Drew, File
November 20, 2018 - 4:57 pm
Stocks closed sharply lower than usual, erasing the market's gains for the year, as losses for big technology companies like Apple mount.
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Trouble In Toyland
Steve Burns/WCBS 880
November 20, 2018 - 1:36 pm
This is the 33rd year the New York Public Interest Research Group has put out its "Trouble in Toyland" report.
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FILE - In this May 12, 2016, file photo, head of Nissan Motor Co. Carlos Ghosn answers a question during their joint press conference in Yokohama, near Tokyo. Japanese media say Ghosn, Nissan Motor Co. chairman, is being questioned by Tokyo prosecutors on suspicion he falsified his financial reports. Nissan said Monday it was looking into the reports, while prosecutors declined comment.(AP Photo/Eugene Hoshiko, File)
November 19, 2018 - 7:38 pm
YOKOHAMA, Japan (AP) — Nissan Chairman Carlos Ghosn, who became one of the auto industry's most powerful executives by engineering a turnaround at the Japanese manufacturer, was arrested Monday and will be fired for allegedly underreporting his income and misusing company funds, the automaker said...
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Suffolk County Executive Steve Bellone
Sophia Hall/WCBS 880
November 18, 2018 - 12:21 pm
Payment of mainly salaries and pensions has resulted in an $883 million debt in operating expenses for Suffolk County over the past decade.
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FAO Schwartz
AP Photo/Mary Altaffer
November 16, 2018 - 4:12 pm
Three years after it closed its beloved toy store on Fifth Avenue, FAO Schwarz is making a return to New York.
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