Finance

Sears to Close More Stores

Sears is quietly closing at least two dozen stores in 17 states

Lobbyist tied to condo met with EPA chief…

In spite of denials, EPA chief Scott Pruitt did meet in his office last year with a veteran Washington lobbyist tied to the bargain-priced condo where he was living

Amazon worker wages

Amazon may one of the most valuable companies in the world - clocking in at over $750 billion - but half of Amazon's employees earned a lot less than the big boss... The median pay to work at Amazon last year was $28,446 and half of those employees earned less than that - meanwhile- Bezos took home $1.68 million last year in total compensation or 59 times more than the median salaried Amazon employee. --- The week started off talking about employees peeing in bottles because they couldn't get to the bathroom during a break. Now this? In a comparison - the median salary of a Facebook employee was more than $240,000. Why the big difference? Bezos said in his letter to shareholders- in part- that Amazon created more than 130,000 jobs last year- not counting acquisition and that the new jobs cover a range of professions from AI scientist to fulfillment center associates...

KFC Takes On Chick-fil-A And McDonald's

On Friday, KFC announced the launch of the "Crispy Colonel": an extra-crispy chicken sandwich with mayo and pickles that will be available starting Monday, April 23. The chicken chain is rolling out a new chicken sandwich to take on Chick-fil-A — and they're bringing back a retired Colonel Sanders to do so. To launch the sandwich, KFC is bringing George Hamilton back as the "Extra Crispy Colonel." Hamilton was introduced as Colonel Sanders in summer 2016 as an advertising effort to push its extra-crispy chicken.

Americans’ Favorite Pizza Toppings

Food delivery service Caviar did a survey of Americans' favorite pizza toppings. Elizabeth Keatinge has more.

Mexico, EU reach deal to update trade agreement

Mexico says it has reached a deal with the European Union to update their trade agreement, including the elimination of tariffs on a number of agricultural products

Mnuchin expresses optimism for resolution of…

Treasury Secretary Mnuchin expresses cautious optimism for resolution of contentious trade fights

Wells Fargo fined $1B for mortgage, auto lending…

Wells Fargo fined a combined $1 billion by federal regulators for abuses tied to its mortgage and auto lending businesses

Favorite Restaurants Of The Wealthy

Want to dine next to the ultra-wealthy? Business Insider published a list of dining hotspots frequented by million and billionaires. They include: Catch-L.A., which offers seafood towers starting at $99 . Chef's Table at Brooklyn Fare — Brooklyn, New York. The Japanese inspired restaurant has a $394.36 tasting menu. Alinea in Chicago, Illinois features "a multi-sensory, 16- to 18-course menu" which can cost up to $345 per person, depending on the week day. Lío, in Ibiza, Spain, is a top-notch restaurant and club. Food is paired with cabaret performances.

Stars Group doubles down with purchase of Sky Betting

Canadian online-gambling company Stars Group Inc. says it is buying U.K.-based Sky Betting & Gaming in a deal worth $4.7 billion

The Murdochs Hit The Bank In Disney-Fox Deal

Rupert Murdoch and family are about to get much wealthier. According to a Wednesday SEC filing, the family of 21st Century Fox executives will be compensated for over $206 million. Once the massive Disney-Fox deal is finalized. Disney announced in December it will buy 21st Century Fox's film studio and much of its TV assets for $52 billion.

Suburban Seattle getting rare, private US airport…

An entrepreneur wants to bring a global trend to the U.S. and put commercial airport terminals in the hands of private companies instead of the government

Royal Caribbean CEO Won't Cater To Millennials

Royal Caribbean CEO, Michael Bayley, doesn't care about marketing to millennials. He told Business Insider, that they resemble any other parent once they grow up and have kids. He adds, "We're multi-generational, and contrary to what millennials think, there's other people in the world. Once a millennial gets married and has kids, you become just another dad, like every other dad.

Smyths Toys to take over Toys R Us stores in…

Ireland-based Smyths Toys has reached a deal to take over more than 90 Toys R Us stores in Germany, Austria and Switzerland

Kushner Cos. subpoenaed by feds after AP report

The Kushner Cos. is confirming it was subpoenaed by federal prosecutors for information related to an Associated Press report that the company filed dozens of false documents about its buildings in New York City