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Congress threatens to subpoena Juul, saying vaping company isn't cooperating with probe
A House panel is threatening to subpoena Juul, saying the e-cigarette maker is not cooperating with a congressional probe looking at whether the company…
Sep 18, 2019 11:35 UTC Business Read More

Mortgage demand from buyers jumps, just as interest rates spike
Mortgage applications to purchase a home increased 6% for the week and were a strong 15% higher annually.
Sep 18, 2019 11:00 UTC Business Read More

German Gov’t Approves New Plan to Block Private ‘Parallel Currencies’
Germany's government has approved a blockchain strategy that aims to prevent stablecoins from becoming alternative currencies and threatening state…
Sep 18, 2019 08:56 UTC Business Read More

Gold Prices Show Signs of Topping as All Eyes Turn to FOMC
Gold prices idled in familiar territory for a fifth consecutive day, with traders seemingly unwilling to show conviction one way or the other ahead of the Fed…
Sep 18, 2019 03:56 UTC Business Read More

Pizza Hut’s Stuffed Cheez-It Pizza tests the limits of snack food fusion
There was great curiosity in Takeout land when we learned that Pizza Hut was planning to release a Stuffed Cheez-It pizza. Would the Cheez-Its be scattered…
Sep 18, 2019 00:57 UTC Business Read More

Fed Preps Second $75 Billion Blast With Repo Market Still On Edge
It had been more than a decade since Federal Reserve traders jumped into U.S. money markets to inject cash. And they seemed to get the reaction they wanted…
Sep 17, 2019 23:39 UTC Business Read More

WeWork Makes Small Round of Staff Cuts, Hours After Delaying IPO
Hours after announcing plans to delay an initial public offering, WeWork made a small round of job cuts in a New York City unit that manages on-demand office…
Sep 17, 2019 22:44 UTC Business Read More

Kraft Heinz Stock Craters After Second-Largest Shareholder Sells 25 Million Shares
(Updated: 4:45 p.m. EST, 9/17/2019). Topline: Shares of Warren Buffett-backed Kraft Heinz fell more than 4% on Tuesday, following the news that its…
Sep 17, 2019 21:45 UTC Business Read More

How Gold, Oil, Stocks & USD Perform After FOMC Rate Cuts Start
The Fed and its Federal Open Market Committee (FOMC) will likely announce another rate cut tomorrow - so how does gold, oil, the S&P 500 and US Dollar…
Sep 17, 2019 21:31 UTC Business Read More

Cannabis company co-founder calls for more transparency amid vaping investigations, bans
The co-founder of a cannabis company has warned of the dangers of untested THC-containing products currently available on store shelves and what it means…
Sep 17, 2019 21:15 UTC Business Read More

Apple invests $250 million more in Corning plant that supplies glass for iPhones
Apple on Tuesday deepened its ties with a Kentucky manufacturing plant by awarding $250 million to support Corning Inc.'s continued work to develop glass for.
Sep 17, 2019 20:32 UTC Business Read More

All the Reasons Things Are Going Very Poorly for WeWork This Week
We Co., the parent of the shared office space company WeWork, is postponing its plans to go public, the Wall Street Journal reported on Monday. The company…
Sep 17, 2019 20:25 UTC Business Read More

Trump teases quick China deal and downplays need for using strategic oil reserves
President Donald Trump on Tuesday said a trade deal with China could be struck soon, as he downplayed the need to tap the U.S. Strategic Petroleum Reserve.
Sep 17, 2019 20:12 UTC Business Read More

Impostor marijuana vapes flood California as health crisis expands
Deceptive rip-off marijuana vapes on the streets of California could be linked to the emerging public health crisis of vaping-related deaths, according to a new…
Sep 17, 2019 20:04 UTC Business Read More

Department store stocks fall amid rising oil prices and worries about consumer spending
Investors might be wary that gasoline prices will continue to rise, and are looking to take back profits by selling off shares.
Sep 17, 2019 19:57 UTC Business Read More

Cut and run: How U.S. stocks react in Fed easing cycles
By Lewis Krauskopf. NEW YORK (Reuters) - Not all U.S. rate-cutting cycles are created equal, at least when it comes to how the stock market reacts. The Federal…
Sep 17, 2019 19:40 UTC Business Read More

Facebook's Libra will be disruptive, says ECB's Coeure
Digital currencies such as Facebook's Libra will disrupt the financial system, either by forcing central banks to innovate or by grabbing a global role that could…
Sep 17, 2019 19:12 UTC Business Read More

Stores sell supplies for fake, maybe dangerous, cannabis vapes
Bootleggers mimicking popular legal vape brands are pairing replica packaging with untested, possibly dangerous cannabis oil.
Sep 17, 2019 18:30 UTC Business Read More

San Jose set to become largest U.S. city to enact natural gas ban
Advocates say going electric will help the environment, but critics worry utility costs will rise.
Sep 17, 2019 18:29 UTC Business Read More

Andy Byford Wants Full Eight Month Closure Of Brooklyn Subway Station To Fix Elevators From Hell
The Clark Street Station in Brooklyn Heights (serving the 2/3 line) is an unusual one among our city's subway system, as it is only accessible by elevator, yet not…
Sep 17, 2019 17:43 UTC Business Read More

Elon Musk's Legal Defense: "Pedo Guy" Doesn't Mean "Pedophile"
Musk has gathered his best legal team to help him build a defense after calling a Thai rescuer a pedo last July: "pedo guy" isn't a "pedophile guy."
Sep 17, 2019 14:46 UTC Business Read More

Why Walmart Is Reviving This Defunct Fashion Brand
Click here to read the full article. In a bid to boost its fashion business, Walmart Inc. is relaunching the once-defunct label Scoop as an in-house brand.
Sep 17, 2019 14:37 UTC Business Read More

Home-builder confidence rises, despite growing concerns about the economy
The numbers: The National Association of Home Builders' monthly confidence index increased one point to 68 in September, matching the highest reading in a…
Sep 17, 2019 14:18 UTC Business Read More

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