Business

Kraft Heinz
Photo by Xinhua/Sipa USA
February 22, 2019 - 9:35 am
PITTSBURGH (AP) — Kraft Heinz disclosed an investigation by federal regulators and will slash the value of its Oscar Mayer and Kraft brands by $15.4 billion. Shares plunged 26 percent at the opening bell Friday, the company's biggest single-day decline, after posting a stunning $12.6 billion loss...
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DJ Koh, Samsung President and CEO of IT and Mobile Communications, talks about the new Samsung Galaxy Fold smartphone during an event Wednesday, Feb. 20, 2019, in San Francisco. (AP Photo/Eric Risberg)
February 20, 2019 - 3:55 pm
SAN FRANCISCO (AP) — Samsung unveiled a highly anticipated smartphone with a foldable screen in an attempt to break the innovation funk that has beset the smartphone market. But it's far from clear that consumers will embrace a device that retails for almost $2,000, or that it will provide the...
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FILE- In this Jan. 25, 2019, file photo a Southwest Airlines jet moves on the runway as a person eats at a terminal restaurant at LaGuardia Airport in New York. Southwest Airlines is lashing out at the union representing its mechanics and suggesting that workers are purposely grounding planes to gain leverage in negotiations over a new contract. Southwest had canceled more than 400 flights, 10 percent of its schedule, by midmorning Wednesday, Feb. 20. (AP Photo/Julio Cortez, File)
February 20, 2019 - 11:59 am
DALLAS (AP) — Southwest Airlines is lashing out at the union representing its mechanics, suggesting that they are purposely grounding planes in order to gain leverage in new contract negotiations. Separately, Southwest said Wednesday that the partial shutdown of the federal government will cost it...
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FILE- In this May 18, 2006, file photo a worker puts the finishing touches on a sign unveiling the company's new look at a Payless Shoesource store at a mall in Independence, Mo. Payless ShoeSource has filed for Chapter 11 bankruptcy protection and is shuttering its remaining stores in North America. The filing on Monday, Feb. 18, 2019, came a day after the shoe chain began holding going-out-of-business sales at its North American stores. (AP Photo/Charlie Riedel, File)
February 20, 2019 - 8:37 am
TOPEKA, Kan. (AP) — The failing Payless ShoeSource chain will honor gift cards and store credit until March 11 as the company liquidates all operations. The Topeka, Kansas, company, which filed for bankruptcy protection this week, will allow returns and exchanges of non-final sale items through the...
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Payless ShoeSource
© J.C. Reindl, Detroit Free Press
February 17, 2019 - 5:22 pm
Payless ShoeSource is closing all of its remaining approximately 2,100 locations over the next few months, including a location in Washington Heights.
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FILE - In this Nov. 13, 2018 file photo, New York Gov. Andrew Cuomo, left, and New York City Mayor Bill de Blasio shake hands during a news conference in New York. Cuomo and de Blasio trumpeted Amazon's decision to build a $2.5 billion campus in the Queens borough of New York as a major coup. Neither one expected the near immediate local backlash that would cause Amazon to cancel their plans on Feb. 14, 2019. (AP Photo/Bebeto Matthews, File)
February 16, 2019 - 2:58 pm
NEW YORK (AP) — In early November, word began to leak that Amazon was serious about choosing New York to build a giant new campus. The city was eager to lure the company and its thousands of high-paying tech jobs, offering billions in tax incentives and lighting the Empire State Building in Amazon...
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Amazon protesters
Xinhua/Sipa USA)
February 15, 2019 - 9:05 am
Lawmakers are introducing anti-tax incentive bills in the wake of the Amazon headquarters fallout.
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Long Island City
AP Photo/Mark Lennihan, File
February 15, 2019 - 7:09 am
Amazon jilted New York City on Valentine's Day, scrapping plans to build a massive headquarters campus in Queens amid fierce opposition from politicians angry about nearly $3 billion in tax breaks and the company's anti-union stance.
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Amazon Headquarters
Justin Sullivan/Getty Images
February 14, 2019 - 3:38 pm
Amazon has canceled plans to build its second headquarters in New York City.
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Entercom Stations
Entercom
February 13, 2019 - 5:38 pm
Entercom Communications Corp announced Wednesday a definitive agreement to acquire NASH FM 94.7 in New York City.
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