Business

FILE - In this Sept. 19, 2017, file photo, Les Moonves, chairman and CEO of CBS Corporation, poses at the premiere of the new television series "Star Trek: Discovery" in Los Angeles. Moonves will not receive his $120 million severance package after the company's board of directors determined he was fired "with cause" over sexual misconduct allegations. The board said Monday, Dec. 17, 2018, it reached its decision after finding that Moonves failed to cooperate fully with investigators looking into the allegations. The board also cited what it called Moonves' "willful and material misfeasance," violation of company policies and breach of his contract. (Photo by Chris Pizzello/Invision/AP, File)
December 18, 2018 - 1:18 am
NEW YORK (AP) — CBS announced Monday that former CEO Les Moonves will not receive his $120 million severance package after the board of directors concluded he violated company policy and was uncooperative with an investigation into sexual misconduct allegations. The decision, which came after a...
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 New Apple Campus In Austin
Ricardo Brazziell/Austin American-Statesman via AP
December 14, 2018 - 1:44 pm
Apple announced plans Thursday to build a $1 billion campus in Austin, Texas, that will create at least 5,000 jobs ranging from engineers to call-center agents while adding more luster to a city that has already become a destination for tech startups and bigger companies.
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In this Nov. 2, 2018 photo, a sales associate is seen through a window display helping a customer try on a parka at the Mall at Short Hills in Short Hills, N.J. Like many malls, this shopping complex is offering more immersive shopping experiences. Outerwear brand Canada Goose unveiled a store with a “cold room” where customers can try on its $1,000 parkas in sub-zero temperatures. (AP Photo/Ted Shaffrey)
December 11, 2018 - 9:33 am
SHORT HILLS, N.J. (AP) — Online retailers are getting physical. A growing number of brands born on the internet are now opening brick-and-mortar stores and moving into the suburban malls once considered doomed as more Americans shopped online. But they're taking it even further by doubling-down on...
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General Motors CEO Mary Barra speaks to reporters after a meeting with Sen. Sherrod Brown, D-Ohio, and Sen. Rob Portman, R-Ohio, to discuss GM's announcement it would stop making the Chevy Cruze at its Lordstown, Ohio, plant, part of a massive restructuring for the Detroit-based automaker, on Capitol Hill in Washington, Wednesday, Dec. 5, 2018. General Motors is fighting to retain a valuable tax credit for electric vehicles as the nation's largest automaker grapples with the political fallout triggered by its plans to shutter several U.S. factories and shed thousands of workers. (AP Photo/J. Scott Applewhite)
December 10, 2018 - 4:43 am
WASHINGTON (AP) — General Motors is fighting to retain a valuable tax credit for electric vehicles as the nation's largest automaker tries to deal with the political fallout triggered by its plans to shutter several U.S. factories and shed thousands of workers. Preserving the $7,500 tax incentive...
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FILE- In this Dec. 3, 2018, file photo trader Michael Milano, right, works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Dec. 7. (AP Photo/Richard Drew, File)
December 07, 2018 - 5:24 pm
Wall Street capped a turbulent week of trading Friday with the biggest weekly loss since March as traders fret over rising trade tensions between Washington and Beijing and signals of slower economic growth. The latest wave of selling erased more than 550 points from the Dow Jones Industrial...
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FILE - In this Oct. 9, 2018, file photo, an oil rig and pump jack work along the roadside of FM 1788 in Midland, Texas. With more barrels of oil being pumped monthly from the Permian Basin, New Mexico is among the nation's top producing states.(Jacob Ford/Odessa American via AP, File)
December 07, 2018 - 1:33 pm
ALBUQUERQUE, N.M. (AP) — Some of the largest energy companies in the U.S. have already invested billions of dollars on claims up and down the Texas-New Mexico state line, tapping one of the nation's richest and most prolific oil and natural gas regions. Now the stakes just got higher, as the U.S...
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Khalid Al-Falih Minister of Energy, Industry and Mineral Resources of Saudi Arabia speaks prior to the start of a meeting of the Organization of the Petroleum Exporting Countries, OPEC, at their headquarters in Vienna, Austria, Thursday, Dec. 6, 2018. (AP Photo/Ronald Zak)
December 07, 2018 - 1:08 pm
VIENNA (AP) — Oil prices spiked sharply higher Friday as major oil producers, including the OPEC cartel, agreed to cut global oil production by 1.2 million barrels a day to reduce oversupply. Following two days of meetings, the Organization of the Petroleum Exporting Countries that includes the...
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FILE - In this Jan. 30, 2018 file photo, a job applicant talks with company representatives at a JobNewsUSA job fair in Miami Lakes, Fla. Jobs report on Friday, Dec. 7, for November is expected to point to a solid economy for most Americans, with steady hiring, a low unemployment rate and faster wage gains. If so, it would provide a dose of welcome news after this week’s frantic financial market gyrations, which have been driven by concerns that the U.S.-China trade war could escalate and weaken a U.S. economy already facing higher interest rates and slowing global growth. (AP Photo/Lynne Sladky, File)
December 07, 2018 - 6:37 am
WASHINGTON (AP) — Friday's jobs report for November is expected to point to a solid economy for most Americans, with steady hiring, a low unemployment rate and faster wage gains. If so, it would provide a dose of welcome news after this week's frantic financial market gyrations, which have been...
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FILE--In this April 20, 2013, file photo, male Greater Sage Grouse perform their mating ritual on a lake near Walden, Colo. The Trump administration moved forward Thursday, Dec. 6, 2018, with plans to ease restrictions on oil and natural gas drilling and other activities across millions of acres in the American West that were put in place to protect the imperiled bird species. (AP Photo/David Zalubowski, File)
December 06, 2018 - 7:37 pm
BILLINGS, Mont. (AP) — The Trump administration moved forward Thursday with plans to ease restrictions on oil and natural gas drilling, mining and other activities that were put in place to protect an imperiled bird species across millions of acres in the American West. Land management documents...
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FILE - In this Oct. 15, 2018 file photo, a Sears department is seen in Hackensack, N.J. Eddie Lampert and his ESL Holdings hedge fund are offering to buy the rest of Sears for up to $4.6 billion in cash and stock. The Sears chairman and ESL own just under half of the Hoffman Estates, Illinois, company, according to FactSet. Sears filed for Chapter 11 bankruptcy protection in October, weighed down by years of declining sales and massive debt. (AP Photo/Seth Wenig)
December 06, 2018 - 8:34 am
Eddie Lampert and his ESL Holdings hedge fund are offering to buy the rest of Sears for up to $4.6 billion in cash and stock. The Sears chairman and ESL own just under half of the Hoffman Estates, Illinois, company, according to FactSet. Sears filed for Chapter 11 bankruptcy protection in October,...
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