Company News

Have digital subscriptions peaked at the NYT?

The New York Times reported second-quarter results that underwhelmed investors. Digital subscription growth doesn't seem to be fast enough to offset declining ad and circulation revenue.  More

Apple buffs up radio service with string of acquisitions

Apple bought the Pandora of news radio, Swell, for a reported $30 million.  More

Stocks get no search love on Google

Americans have dialed back on Google searches for traditional assets like stocks and bonds and are instead looking more for Kickstarter and startups.  More

General Mills to demand suppliers cut greenhouse gases

General Mills said as part of effort to fight climate change it will only buy from suppliers who are cutting greenhouse gas emissions and water use.  More

Microsoft faces China antitrust probe

Chinese authorities are investigating the company over anti-trust issues.  More

Herbalife stock tumbles on earnings miss

Herbalife shares tumble after the maker of nutritional supplements reports earnings that fall short of analysts' estimates.  More

GM's most popular pickup recalled six times this year

The 2014 Chevrolet Silverado and the GMC Sierra have been recalled six times so far in 2014, giving them the dubious honor of being the year's most frequently recalled vehicles.  More

Smith & Wesson hit for overseas bribes

The SEC fines the Massachusetts gun maker for bribing officials when trying to secure sales contracts with overseas military and law enforcement agencies.  More

OkCupid set up bad dates in 'an experiment'

Online dating site OkCupid found its users were more likely to have conversations when it told them they were more compatible than in reality.  More

Richard Branson's Virgin America files for IPO

After ending string of operating losses last year, Virgin America says it plans to sell stock.  More

Dollar Tree buying Family Dollar

Investor Carl Icahn is among the winners in the cash and stock deal.  More

Big Mac shortage in China after recall

A McDonald's supplier has been accused of mishandling meat at its Shanghai plant.  More

China will soon be the world's top business travel market

Business travel spending in China reached $225 billion last year, or 23% of the $1.1 trillion global total.  More

Big Mac shortage in China after recall

A McDonald's supplier has been accused of mishandling meat at its Shanghai plant.  More

Lyft gets the green light in New York City

The rideshare app will launch in New York on Friday evening, as the city's taxi commission comes to terms with the technology.  More

Smart people buy generic brands

Americans are wasting about $44 billion a year on name brands, when they could be buying the exact same products if they switched to cheaper store brands, says a new paper by economists from Tilburg University in the Netherlands and the University of Chicago.  More

Murdoch shoring up his war chest

Rupert Murdoch is merging BSkyB with 2 other satellite TV operators, adding more than $8 billion in cash to pursue . U.S. deals.  More

Former Bear Stearns CEO Ace Greenberg dies

Greenberg worked more than 60 years at Bear Stearns and was chairman went it collapsed in 2008.  More

8 rights of pregnant women at work

Firing a woman because she's pregnant is illegal. So is refusing to hire pregnant women or discriminating against mothers who are pumping breast milk on the job.  More

Investors go LOCO for grilled chicken stock

Mexican-style chicken restaurant El Pollo Loco shares surged nearly 30% from their initial public offering price. It's the latest restaurant IPO to do well on its first day.  More

Amazon plunges 10% on big loss

The company posted a larger than expected loss Thursday, sending shares tumbling 10%.  More

Your personal information just isn't safe

Target hack victims were directed to Experian for protection. But that company has leaked your data too.  More

Introducing the $7.76 Big Mac

Would you pay $7.76 for a Big Mac? The Economist's iconic Big Mac index is a lighthearted way to compare currencies and buying power around the world.  More

It's Seamless over Starbucks for business travelers

In New York City, business travelers have ditched meals at Starbucks in favor of Seamless takeout, according to a new report.  More

Weird Al's new album has been pirated 40,000 times

'Mandatory Fun,' the latest album by Weird Al, is topping the charts -- and getting pirated like mad too.  More

GM to pay victims $400 million to $600 million

Automaker sets aside $400 million for victim compensation from faulty ignition switch, but says costs could rise by another $200 million.  More

McDonald's stands by rotten meat supplier

McDonald's is standing by a troubled meat supplier, even after allegations the company was selling tainted and expired meat.  More

Only 3 in 10 Twitter workers are women

Like many of its Silicon Valley peers, Twitter workers are mostly male and white according to a diversity report released by the company Wednesday.  More

Dunkin' stock dunked on poor sales

The owner of Dunkin' Donuts reported weak sales and lowered its outlook. It blamed the weather. But tough competition may be the real reason. Investors aren't pleased.  More

GM recalls 718,000 more vehicles

General Motors recalls another 718,000 U.S. cars to deal with variety of problems including seat height adjustments, welds and power steering.  More

Facebook at all-time high on mobile might

Facebook posted another strong quarter driven by its success in mobile advertising revenue.  More

Best-loved cars in America

These cars and trucks topped J.D. Power's APEAL survey, which measures how much owners like their new vehicles.  More

US aims to make oil transport safer

The Department of Transportation wants to change how oil and ethanol move by rail.  More

Apple sued by employees over labor issues

Apple is facing a class-action lawsuit from employees who say they were denied meal breaks and rest periods.  More

Get ready for craft beer with a Latin twist

Passion fruit, Mexican cinnamon and Ecuadorian cocoa. From coast to coast, entrepreneurs are brewing craft beers that incorporate Latin flavors.  More

Dark Mail: Email that hides from the NSA

Ladar Levison, the guy behind Lavabit, is launching Dark Mail to encrypt emails so the NSA doesn't even know who's talking.  More

Chrysler recalls 792,000 older Jeeps

A problem with the ignition switch can cause engines to stall on the road and disable airbags.  More

Microsoft weighed down by ailing Nokia

Microsoft reported quarterly results Tuesday that took a hit from Nokia's ailing business.  More

Microsoft's most boneheaded product is about to be killed off

Microsoft is cutting the cord on Windows RT, its poorly executed tablet operating system.  More

Apple profit soars but iPads slump

Apple reported earnings showing the company is slightly more profitable, but revenue fell short.  More

My company's immigration nightmare story

Jamison Door Company has been trying to expand for two years, but they say the nation's outdated, complicated immigration rules keep getting in their way.  More

Verizon's offer: Let us track you, get free stuff

Verizon has announced a new program offering perks for customers who agree to have their location data tracked for marketing purposes.  More

Is this Apple's new iWatch?

The United States Patent and Trademark Office has granted Apple a patent for a smartwatch. It resembles others already on the market but there are some features that could set an iWatch apart.  More

China scare snares Burger King, Papa John's

Burger King and Papa John's have joined McDonald's, KFC, Pizza Hut and Starbucks on the list of fast food chains hit by China's latest food scare.  More

$24 billion tobacco verdict: One down, 5,130 to go

Over 5,100 similar cases are pending against R.J. Reynolds Tobacco Company. But it likely won't more judgments of that size.  More

China food scandal hits McDonald's, KFC

A new food scandal has erupted in China and is threatening the reputations of McDonald's and Yum Brands.  More

Netflix passes 50 million subscribers

Netflix now boasts over 50 million members, and is continuing its push into content production and new markets.  More

You're not cool enough for Facebook's newest app

Facebook has unveiled a new standalone app it's calling 'Mentions,' which is designed to help famous people manage their presences on the site.  More

Will investors eat up El Pollo Loco IPO?

Mexican-style chicken chain El Pollo Loco wants to raise $100 million in the stock market this week to pay down debt as it pushes ahead with expansion plans. Can it be the next Chipotle?  More

Google to speed up Web with smaller photos

Google's new WebP image file format promises to speed up the Web by reducing image sizes. Those JPEGs and GIFs are just too darn big and clunky.  More

Tobacco stocks shake off $23.6B judgment

Shares fall after Florida jury awards payment to widow of a man who died in 1996.  More

Can Malaysia Airlines survive latest tragedy?

Malaysia Airlines will have to make payouts to families of the deceased and will have lawsuits to fight. But whether or not customers stay loyal is key to its bottom line.  More

Forbes sold to Asian investors

Forbes family will retain stake in Forbes Media, but majority of iconic business media group sold to Hong Kong investment group.  More

AK-47s become hot commodity after U.S. sanctions

Kalashnikovs sell out in U.S. after feds block Russian imports.  More

Can this British designer save Coach?

Coach popularized 'luxury for the masses.' Now the brand is struggling and it wants to leave the masses behind. Can new creative director Stuart Vevers pull off a comeback?  More

Netflix partner says Verizon slows traffic

Level 3, a company that Netflix and others pay to deliver traffic to Internet service providers, has accused Verizon of refusing to upgrade its infrastructure to boost lagging streaming speeds.  More

Murdoch says he can't buy Tribune but mum on Time Warner

Rupert Murdoch isn't saying anything about his bid for Time Warner. But he is taking himself off the list of possible bidders for Tribune Publishing.  More

Drugmaker in $54.7 billion merger aimed at cutting U.S. taxes

AbbVie reaches $54.7 billion deal to buy Shire and allow it to shift its home to U.K. to avoid U.S. taxes.  More

FedEx indicted for shipping drugs sold online

The company says it is innocent and will plead not guilty to the charges brought Thursday by the Department of Justice.  More

Malaysia Airlines may need government rescue

Even before tragedy struck this year, Malaysia Airlines was already battling numerous financial problems.  More

Meet the new ice cream man: Uber

Uber will deliver ice cream to subscribers on Friday. It's the latest on-demand service from the taxi app company that is now worth more than $18 billion.  More

Amazon: Read as much as you want for $9.99

If you like to read a lot, Amazon has the plan for you. Kindle Unlimited offers 600,000 e-books and some audiobooks for $9.99 a month.  More

Google's money machine is going strong

Google reported Thursday that its second-quarter sales surged 22% versus last year, sending the stock more than 2% higher in after-hours trading.  More

Cold beer battle heats up in Indiana

In Indiana you can only buy cold beer in a liquor store, other retailers say it's not fair and sue Indiana is the only state in the nation with a beer temperature statute. Only liquor stores can sell cold beer "to go." That has other retailers foaming so much that they launched a lawsuit.  More

Microsoft cuts 18,000 jobs

CEO Satya Nadella is presiding over the largest round of layoffs in the company's history.  More

Nadella officially puts his stamp on Microsoft

New Microsoft CEO Satya Nadella announced massive layoffs at Microsoft on Thursday as he moves boldly to reshape the company.  More

NFL Sunday Ticket coming to smartphones

DirecTV is offering NFL fans the chance to stream every out-of-market game of the upcoming regular season on a computer, smartphone or tablet, even if they don't have a satellite TV account.  More

Fiat: We're not talking merger with VW

Fiat shares jump after German magazine reports that Volkswagen is considering a full or partial takeover of the automaker - a claim Fiat denies.  More

This is Airbnb's 'obscene' new logo

The website devoted to short-term apartment rentals premiered a giggle-inducing new logo.  More

Starbucks now selling Colombia its own coffee

Starbucks' Schultz plans to open 50 stores and hire 1,000 workers in Colombia.  More
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