Business News

Judge lifts order for Los Angeles Times to change…

A U.S. judge has lifted an order that required the Los Angeles Times to remove information from an article about a court document that was meant to be kept from the public

Uber’s CEO Dara Khosrowshahi Discusses Uber’s…

At Fortune’s 2018 Brainstorm Tech conference in Aspen, Colorado.

US stocks rebound as tech and household goods…

US stock indexes shake off early losses and finish higher as retailers, technology and household goods companies and smaller companies all advance

Amazon Prime Day 2018 kicks off with glitches

Amazon Prime Day 2018 had a bumpy start...heavy traffic on the site caused it to crash and left customers frustrated. Despite the technical glitches, according to estimates from Feedadvisor spending jumped 89 percent in the first 12 hours, on the app and website, compared to the same time last year. And this year Prime customers have Whole Foods deals added into the mix, and an extra 6 hours to shop. Amazon doesn't disclose past Prime Day revenue but sales for the event are projected to shatter last year's total by 40%. And in addition to Prime Day news Amazon Web Services has re-upped its partnership with major league baseball.

Goldman Sachs Slides Regardless Of Earnings Report

Business Insider reports that Goldman Sachs is down by 1% to $229.16 a share Tuesday. This after the bank reported better-than-expected earnings and named its new CEO. Earnings per share came in at $5.98, far better than Wall Street's expected $4.66. Revenue was $9.4 billion, beating estimates of $8.74 billion. Management also noted that there is a transaction backlog in investment banking. The backlog was much more than in the previous quarter.

San Francisco to consider tax on companies to…

San Francisco voters will decide in November whether to tax large businesses to pay for homeless and housing services in a city struggling with income inequality

London First CEO On Brexit and Business

Jasmine Whitbread sits down with Fortune's Claire Zillman to talk about how businesses and citizens of the United Kingdom are reacting to Brexit.

World markets turn lower ahead of comments by Fed…

World stock markets are mostly lower as investors looked ahead to Federal Reserve Chairman Jerome Powell's testimony to Congress for clues on U.S. interest rates.

Crocs high heel sandals

Crocs shares are up and they have a new woman's sandal

Target Launches Its Own Mega Sale on Amazon Prime…

Target has announced its own mega website sale with “no membership required.” The chain is is even hosting their one-day sale on the same day as Amazon Prime Day. Target is touting the lack of membership requirements in its sale as in the case of Amazon, deals are only available to Prime members. At Target’s sale, if you spend over $100, one can also qualify for free six-month membership in their their same-day shipping program.

Fire turns Yosemite National Park smoky, hurts…

A deadly wildfire near Yosemite National Park has shrouded the popular destination in smoke, but tourists could still use all trails, campgrounds, lodges and restaurants

Small businesses are upbeat, but tariff fallout is a threat

Small business owners remain generally optimistic, but economists say escalating trade disputes could turn their upbeat attitude around

This CEO Says That Data and A.I. Are at the…

Intel CEO Brian Krzanich thinks that data is playing the same key part in the world's economy that oil historically did.

China slowdown weighs on markets as Trump meets…

Shares edge higher in early European trading after lackluster day in Asia

Amazon Web Services and MLB continue partnership

Amazon Web Services has re-upped its partnership with major league baseball.

IHOP Will Start Delivering

Hollis Johnson/Business Insider IHOP is launching delivery at 300 locations across the United States on Tuesday. The chain partnered with DoorDash to offer delivery and plans to roll out the service at up to 700 locations by the end of the year. IHOP is also serving a short stack of pancakes for just $0.60 on Tuesday, to celebrate the chain's 60th anniversary. You can now order IHOP pancakes — and burgers — from the comfort of your couch.

Two East Side businesses destroyed by fire