Business

Fisher Price Recall
Image via US Consumer Product Safety Commission
February 06, 2019 - 8:51 am
WASHINGTON (AP) — Fisher-Price is voluntarily recalling about 44,000 Children's Power Wheels Barbie Dream Campers because they can keep running after the foot pedal is released. The Consumer Product Safety Commission says Fisher-Price has received 17 complaints. No injuries have been reported. The...
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Tesla Model 3
Photo by Xinhua/Sipa USA
February 06, 2019 - 7:35 am
DETROIT (AP) — Tesla is cutting $1,100 from the base price of its car designed for the mass market, the Model 3. The electric car company now says on its website that the car starts at $42,900, still a ways from its goal of lowering the base price to $35,000. Tesla cut 7 percent of its workforce...
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Phil Murphy minimum wage
Amy Newman/NorthJersey.com
February 05, 2019 - 1:41 pm
Gov. Phil Murphy is taking a victory lap a day after he signed the bill setting New Jersey on the path to a $15 minimum wage.
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New York skyline
Dreamstime
February 05, 2019 - 12:22 pm
Sayonara, San Francisco! New York is now the best place for technology on the planet, according to a new study.
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FILE - In this Aug. 5, 2014, file photo, specialist Michael Cacace, foreground right, works at the post that handles Gannett on the floor of the New York Stock Exchange. Gannett, publisher of USA Today, said Monday, Feb. 4, 2019, that its board has unanimously rejected a $1.36 billion buyout offer from a media group with a history of taking over struggling newspapers and slashing jobs. (AP Photo/Richard Drew, File)
February 04, 2019 - 9:43 am
MCLEAN, Va. (AP) — The publisher of USA Today and other newspapers is rejecting a $1.36 billion buyout from a hedge-fund backed media group with a history of taking over newspapers and slashing jobs. MNG Enterprises, better known as Digital First Media, made its unsolicited bid of $12 per share...
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FILE - In this Oct. 30, 2014, file photo, the Vice logo is seen at a joint venture announcement between Vice Media and Roger Communications in Toronto. Vice Media is cutting 250 jobs globally as it seeks to shore up its profitability. It is the latest round of layoffs as the media industry contracts. The cuts affect about 10 percent of Vice’s 2,500 staff, said company spokeswoman Danielle Carrig on Friday, Feb. 1, 2019. But she said Vice plans to add jobs as well in departments including sales and digital news as it focuses on its units with potential for growth. (Nathan Denette/The Canadian Press via AP, File)
February 01, 2019 - 3:02 pm
NEW YORK (AP) — Vice Media is cutting 250 jobs globally as it seeks to achieve profitability. It is the latest round of layoffs as the media industry contracts. The cuts affect about 10 percent of Vice's 2,500 staff, said company spokeswoman Danielle Carrig. But she said Vice plans to add jobs as...
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This Wednesday, Jan. 16, 2019 photo shows an iRobot Terra lawn mower in Bedford, Mass. Building a robot lawn mower seemed the logical next step for iRobot, which invented the pioneering robotic vacuum Roomba. But the company’s secret, decade-plus lawn mower project was a lot harder than anyone expected. (AP Photo/Elise Amendola)
January 30, 2019 - 11:33 am
BEDFORD, Mass. (AP) — Robot vacuums have now been around long enough that you might watch one bump around a living room and think, why isn't there a robot that could mow my lawn? Turns out, it's not for lack of trying. For more than a decade, iRobot, the company behind the Roomba vacuumbot, has...
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Facebook
AP Photo/Richard Drew, File
January 25, 2019 - 5:50 pm
Facebook allowed children to rack up huge bills on digital games while the company rejected recommendations for addressing what it dubbed "friendly fraud."
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Artificial Intelligence Robots
Xinhua/Sipa USA
January 24, 2019 - 5:34 pm
Robots will not replace everyone just yet, but a new report from the Brookings Institution claims a quarter of U.S. jobs could be severely disrupted as artificial intelligence accelerates the automation of existing jobs.
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Hedge fund founder Ken Griffin
(Photo by Larry Busacca/Getty Images for The New York Times)
January 24, 2019 - 11:41 am
Citadel hedge fund founder Ken Griffin purchased the Manhattan penthouse at an under-construction high-rise, 220 Central Park South.
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