Business News

  • Desperate Venezuelans Dig Up Paradise in Search of Gold
    Posted on November 21, 2018 at 4:08 am

    The indigenous Pemon people have long served as stewards of the national park that holds the world’s highest waterfall. Now Venezuela’s economic distress has pushed them into digging for gold in vast open-pit mines. […]

  • Megyn Kelly Nears Deal to Leave NBC News With Entirety of $69 Million Contract
    Posted on November 21, 2018 at 1:21 am

    Megyn Kelly is nearing a deal with Comcast Corp.’s NBC News to walk away with the full value left on her three-year, $69 million contract with the network, according to people familiar with the matter. […]

  • Ghosn's Arrest Rocks Auto Empire
    Posted on November 21, 2018 at 1:09 am

    As Carlos Ghosn remained in detention in Japan for alleged financial misconduct, members of the globe-spanning automotive partnership he leads moved to make sense of his arrest and fill the void left by his absence. […]

  • Gap Looking to Close Hundreds of Weaker Stores
    Posted on November 21, 2018 at 1:02 am

    Gap Inc. said it is exploring whether to close hundreds of underperforming stores at its namesake brand, after the unit reported a 7% decline in quarterly comparable sales. […]

  • Federal Reserve Not Likely Swayed by Market Declines
    Posted on November 21, 2018 at 12:47 am

    Officials at the Fed have indicated in recent days that they plan to proceed with a December rate hike, despite the downturn in stock prices. […]

  • Walgreens, Humana in Preliminary Talks to Take Stakes in Each Other
    Posted on November 21, 2018 at 12:46 am

    Walgreens Boots Alliance and Humana are in preliminary discussions to take equity stakes in each other, as health-industry players scramble for tie-ups that will help them compete in a rapidly evolving environment. […]

  • Apple in Talks to Give Veterans Access to Electronic Medical Records
    Posted on November 21, 2018 at 12:16 am

    Apple is in discussions with the Department of Veterans Affairs to provide portable electronic health records to military veterans. […]

  • Nielsen Holdings Names IBM's David Kenny as CEO
    Posted on November 20, 2018 at 11:50 pm

    Nielsen Holdings appointed David Kenny as CEO, as the ratings and data giant reviews its strategic options amid activist pressure to either sell or spin off parts of its assets. […]

  • Amidst Roaring Economy, Markets Sound Alarms
    Posted on November 20, 2018 at 11:24 pm

    The U.S. economy is firing on all cylinders while growth abroad slows. Markets are signaling increased concerns as JPMorgan economists chart a rise in the likelihood of a recession starting within the next 12 months. […]

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