Business

VW CEO Worries Company Might Not Survive Business Model Change

Business | Chris White
SEPTEMBER 29, 2015: Logo bedraggled a Volkswagen Tiguan TD (villorejo / Shutterstock.com)

‘That mindset is still there’

Target's Data Breach: $18.5 Million Settlement Reached

Business | Mary Lou Lang

‘A business that obtains consumer’s personal information must be proactive…’

Trump's New Trade Rep. Struggles To Push 'Fair Trade'

US | Ted Goodman
US Trade Rep. Robert Lighthizer gestures while attending a joint press conference at the Asia-Pacific Economic Cooperation ( APEC) in Hanoi, Vietnam, May 21, 2017. REUTERS/Hoang Dinh Nam

US wanted to remove language that promised to fight against protectionism

Mark Fields Out As Ford CEO Amid Investor Angst

Business | Ted Goodman
Outgoing Ford CEO Mark Fields: REUTERS/Rebecca Cook

The move reflects Ford’s desire to catch up on smart car technology

Despite Regularly Giving Away Money, Zuckerberg Adds $9 Billion To Net Worth Every Year

US | Eric Lieberman
Facebook chief executive and founder Mark Zuckerberg speaks during a 'town-hall' meeting at the Indian Institute of Technology (IIT) in New Delhi on October 28, 2015. (Photo credit: MONEY SHARMA/AFP/Getty Images)

‘Where does that willpower come from?’

Trump Will Delay Hearing On Obamacare Subsidies

Politics | Robert Donachie
U.S. President Donald Trump (L) turns to House Speaker Paul Ryan (2ndR) as he gathers with Congressional Republicans in the Rose Garden of the White House after the House of Representatives approved the American Healthcare Act, to repeal major parts of Obamacare and replace it with the Republican healthcare plan, in Washington, U.S., May 4, 2017. REUTERS/Carlos Barria

Insurers may make hasty decisions

Campbell's Is Cutting More Than Just Carrots This Quarter

Business | Robert Donachie
FILE PHOTO: Cans of Campbell's brand Chunky soups are seen at the Safeway store in Wheaton, Maryland February 13, 2015. REUTERS/Gary Cameron/File Photo

‘Consumer demand for fresh food continues to grow’

Hartford AFSCME Union Rejects Contract That Would Have Saved City $4 Million

US | Ted Goodman
Union member Robin Chisolm wears a union bandana during a rally held by the American Federation of State, County and Municipal Employees (AFSCME): Reuters/Jonathan Alcorn

‘The members have clearly spoken’

EU Slaps Facebook With $122 Million Fine

Business | Robert Donachie
Facebook CEO Mark Zuckerberg is seen on stage during a town hall at Facebook's headquarters in Menlo Park, California September 27, 2015.(Credit: REUTERS/Stephen Lam/File Photo)

‘Contrary to Facebook’s statements’

STUDY: Women Report Being Unhappy In Leadership Positions

US | Amber Randall
Employees work in the offices of Kan, the new Israeli Public Broadcasting Corporation, in Tel Aviv, Israel November 3, 2016. REUTERS/Baz Ratner

‘A source of happiness for men but not for women’

Wall Street's 'Fear Gauge' Soars After Comey Memo Leaks

Business | Robert Donachie
Man screams in fear (Shutterstock/pathdoc)

‘Investors are beginning to display concerns over the domestic political situation’

Amazon Keeps At It, Unveils Another New Device

Business | Jack Kocsis
Amazon's tablets are also much cheaper than iPads (Photo via Amazon)

Comes with a deal

Ryan's Border Adjustment Tax Dead On Arrival?

Business | Robert Donachie
U.S. President Donald Trump (L) turns to House Speaker Paul Ryan (2ndR) as he gathers with Congressional Republicans in the Rose Garden of the White House after the House of Representatives approved the American Healthcare Act, to repeal major parts of Obamacare and replace it with the Republican healthcare plan, in Washington, U.S., May 4, 2017. REUTERS/Carlos Barria

‘It wouldn’t pass the Senate.’

Millennials Can't Afford Homes Because They Eat Too Much Guacamole

World | Thomas Phippen
Couple eats avocados (Photo: Shutterstock/Liliia Mykhalevych)

‘The people that own homes today worked very, very hard for it, saved every dollar’

Saudis Panic As US Fracking Soars For Sixth Straight Month

Energy | Andrew Follett
Landscape image of a oil well pumpjack wiith an early morning golden sunrise and American USA red White and Blue Flag background. (Shutterstock/James BO Insogna)

They’ve effectively surrendered control of the lucrative US oil market to fracking

Investors Doubt Trump Will Break Up Big Banks

Business | Robert Donachie
U.S. President Donald Trump speaks to reporters after his meeting with Russian Foreign Minister Sergey Lavrov at the White House in Washington, U.S., May 10, 2017. REUTERS/Kevin Lamarque

They are hoping for a Dodd-Frank repeal.

Netflix Is Considering A Price Surge For Weekends, Says Report

Business | Eric Lieberman
Netflix, a global provider of streaming movies and TV series. [Shutterstock - Kaspars Grinvalds]

The company gains confidence in competition with cable TV

Ford To Cut 10 Percent Of Global Workforce

Business | Robert Donachie
Alan Mulally, President and CEO of Ford Motor Company, appears at a launch event for the New 2013 Ford Fusion Hybrid car in New York's Times Square, September 18, 2012. REUTERS/Mike Segar

‘We are continuing our intense focus on cost’

Elon Musk's Cousin Steps Down As Head Of Bedraggled SolarCity

Business | Chris White
FILE PHOTO: Lyndon Rive, SolarCity co-founder and CEO, attends SolarCity's Inside Energy Summit in Manhattan, New York October 2, 2015.

‘I can hand off the baton to somebody else’

Philadelphia Sues Wells Fargo Over Race-Based Discrimination

Business | Robert Donachie
A Wells Fargo sign is seen outside a banking branch in New York (Reuters/Shannon Stapleton)

‘565,000 lines of credit and opened 1.5 million bank accounts’

Chicago Teachers Union Holds Confidence Vote Of Rahm Emanuel-Appointed School CEO

Education | Ted Goodman
Mayor Rahm Emanuel greets students: Scott Olson/Getty Images

‘Immoral budgeting’

San Francisco's Chinatown Thinks Trump Is Responsible For Its Tourism Decline

US | Jonah Bennett
San Francisco's Chinatown Celebrates The Year Of The Rabbit

‘My phone used to be busy all the time, especially with summer coming’

Here Are The 'Wild Child' New Beers Making Waves Across America

US | Robert Donachie
Homebrewers Competition Samuel Adams Winners (Robert Donachie/Daily Caller News Foundation)

Try them now!

Puerto Rico Caused These Funds To Lose $5.4 Billion

Business | Robert Donachie
Students of the University of Puerto Rico protest as a meeting of the Financial Oversight and Management Board for Puerto Rico is taking place at the Convention Center in San Juan, Puerto Rico March 31, 2017. Picture taken March 31, 2017. REUTERS/Alvin Baez

Puerto Rican debt was paying nearly 10 percent

Wall Street Analyst Says Electric Car Market Might Crowd Out Tesla

Business | Chris White
Tesla Chief Executive Elon Musk stands on the podium as he attends a forum on startups in Hong Kong, China in this January 26, 2016, file photo. REUTERS/Bobby Yip/Files

Cut his rating on Tesla

Thousands Of Workers Successfully Sue Elon Musk For $4 Million

Energy | Andrew Follett
Tesla Chief Executive Elon Musk attends a forum on startups in Hong Kong, China January 26, 2016. REUTERS/Bobby Yip

‘SpaceX required [employees] to work off the clock without paying them’

Fed Hints Another Rate Increase Is Coming

Business | Robert Donachie
U.S. President Donald Trump (L), flanked by Vice President Mike Pence, delivers remarks to members of the Independent Community Bankers Association in the Kennedy Garden at the White House in Washington, U.S., May 1, 2017. REUTERS/Jonathan Ernst

‘I’d be very surprised at that this year’

Airbnb Launches New Political Committee With An Al Gore Slogan

Business | Thomas Phippen
A man walks past a logo of Airbnb after a news conference in Tokyo

‘People versus the Powerful’

Saudi Arabia Whines US Has Too Much Control Over World's Oil

Energy | Andrew Follett
Landscape image of a oil well pumpjack wiith an early morning golden sunrise and American USA red White and Blue Flag background. (Shutterstock/James BO Insogna)

‘Saudi Arabia is under extraordinary pressure both internally and externally’

Uber's Legal Problems Just Got Worse After Judge Calls For Criminal Investigation

Business | Eric Lieberman
Zurich, Switzerland - 20 April, 2016: Google sign on the wall of the Google office building. Google is a multinational technology company specializing in Internet-related services and products. [Denis Linine / Shutterstock, Inc.]

Tech giant vs. tech giant

Trump's Ag Secretary Convinced China Will Love America's Juicy Beef

US | Thomas Phippen
Close-up of a juicy steak on the grill (Photo: Shutterstock/Lukas Gojda)

‘There’s no doubt in my mind that they’ll want more of it’

EpiPen Maker In Hot Water For Price Gouging AGAIN

Business | Robert Donachie
Mylan NL CEO Heather Bresch is sworn in before a House Oversight and Government Reform Committee hearing on the Rising Price of EpiPens, at the Capitol in Washington, U.S. September 21, 2016. REUTERS/Yuri Gripas

‘Keep costs high through a complex shell game’

Trump's EPA Lifts Obama-Era Legal Block Of US' Largest Copper Mine

Energy | Chris White
Director of Environmental Protection Agency (EPA) Scott Pruitt is sworn in by Justice Samuel Alito (not pictured) at the Executive Office in Washington, U.S. February 17, 2017. REUTERS/Carlos Barria

‘Help steer EPA away from costly and time-consuming litigation’

Top Federal Reserve Official Says Trump's Trade Vision Is A 'Dead End'

Business | Robert Donachie
US President Donald Trump speaks at the presentation ceremony for the Commander-in-Chief trophy to the US Air Force Academy in the Rose Garden of the White House on May 2, 2017 in Washington, DC. / AFP PHOTO / Mandel NGAN (Photo credit should read MANDEL NGAN/AFP/Getty Images)

‘A policy of economic isolationism will fail’

Trump Decided To Renegotiate NAFTA 'Out Of Respect' To Mexico And Canada

Politics | Thomas Phippen
WASHINGTON, DC - FEBRUARY 13: U.S. President Donald Trump greets Canadian Prime Minister Justin Trudeau at the White House February 13, 2017 in Washington, DC. Later in the day the two leaders are scheduled to speak to the media at a news conference. (Photo by Mark Wilson/Getty Images)

‘this wasn’t a game I was playing’

Disgraced Coal CEO Picks Fight With Lawmakers After Being Released From Prison

Energy | Chris White
Members of United Mine Workers of America hold a rally outside the U.S. Environmental Protection Agency (EPA) headquarters in Washington October 7, 2014. The coal miner's union members rallied against proposed EPA Clean Power Plan rules, which the union claims will eliminate thousands of coal industry-related jobs. REUTERS/Jonathan Ernst

‘Sen. Manchin … lied about deceased miners’

Trump Calls Out Company For Moving Jobs From Indiana To Mexico

Business | Will Racke
U.S. President Donald Trump holds an executive order on the establishment of office of trade and manufacturing policy, alongside Vice President Mike Pence (L) and Commerce Secretary Wilbur Ross during a tour at The Ames Companies in Harrisburg, Pennsylvania, U.S. April 29, 2017. (PHOTO: REUTERS/Carlos Barria)

‘Made a deal during the Obama administration’

Aetna Ditches Obamacare Entirely

Business | Robert Donachie
A Miami sign directing people to where they can sign up for Obamacare, before the Feb. 15 deadline. Joe Raedle/Getty Images.

“Lost nearly $700 million”

Pro-Trump Coal Company Sues NYT For 'False' Allegations About Coal Mine Disaster

Energy | Chris White
Members of United Mine Workers of America hold a rally outside the U.S. Environmental Protection Agency (EPA) headquarters in Washington October 7, 2014. The coal miner's union members rallied against proposed EPA Clean Power Plan rules, which the union claims will eliminate thousands of coal industry-related jobs. REUTERS/Jonathan Ernst

Data show that an earthquake triggered the collapse

Volkswagen Wants To Snag Tesla's Spot As Top Dog In The US Electric Car Market

Business | Chris White
A Volkswagen I.D. electric vehicle is shown at a news conference in Guangzhou, China November 17, 2016. REUTERS/Bobby Yip

‘Rein them in’

Wall Street's 'Fear Guage' Reaches 25 Year Low

Business | Robert Donachie
FILE PHOTO: A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S. December 28, 2016. REUTERS/Andrew Kelly/File Photo

Is tax reform coming soon?

Google Asked To Label Anti-Fracking Websites As 'Fake News'

Energy | Michael Bastasch
People are silhouetted as they pose with laptops in front of a screen projected with a Google logo, in this picture illustration taken in Zenica October 29, 2014. REUTERS/Dado Ruvic/File Photo

‘Anti-fracking websites have content that is misleading, false, or offensive’

Bacardi Accidentally Doubles Alcohol Content Of 6,000 Bottles Of Bombay Gin

Business | Steve Birr
Bottles of alcoholic drinks are lined up at a store in Madrid, Spain, December 2, 2016. REUTERS/Andrea Comas

154-proof Bombay Sapphire

Buffett: United Airlines Made A 'Terrible Choice' In Passenger Incident

Business | Robert Donachie
Berkshire Hathaway CEO Warren Buffett yells "Go big red!", the Nebraska Cornhuskers chant, prior to the Berkshire annual meeting in Omaha

‘Your first reaction is going to get a lot of attention’

Arab Airline Trolls Marine Le Pen Supporters Following Defeat

World | Eric Lieberman
France's far-right presidential candidate Marine Le Pen (L) meets with Lebanon's Cardinal Mar Bechara Boutros al-Rai (R), the Maronite Patriarch of Antioch and the Whole Levant, at the Maronite Patriarchate in Bekerke north of Beirut on February 21, 2017. [Photo: JOSEPH EID/AFP/Getty Images]

Someone’s happy about Le Pen’s defeat

Uber's Spying Practices Are So Intense The DOJ Is Now Investigating, Says Report

Business | Eric Lieberman
Uber is being hit from all angles. [Shutterstock - AlesiaKan]

Feds are not happy Uber was evading regulators

YouTube CEO Complains About Sexist 'Microaggressions,' Wants More Women In Silicon Valley

Tech | Rob Shimshock

‘We need more women across the board’

Apple To Invest $1 Billion In American Manufacturing

Business | Ted Goodman
An Apple logo is seen in a store in Los Angeles, California, U.S., March 24, 2017. Reuters/Lucy Nicholson

You can bet we’re going to be hiring thousands of employees in the future

211K Jobs Added: April Jobs Report Beats Wall Street Expectations

Business | Ted Goodman
A trader works on the floor of the New York Stock Exchange shortly after the opening bell in New York. (Reuters/Lucas Jackson)

And the unemployment rate ticked down

General Electric CEO Makes Case Against Protectionism

Business | Ted Goodman
General Electric Chairman and CEO Jeffrey Immelt. (Reuters/Vincent Kessler)

‘If we can level the playing field, we will grow exports’