Business News

Pass it on: CVS CEO says the learning should never stop

With Amazon competition looming, CVS Health CEO says focusing on customer needs leaves no "white space" for others to disrupt your business

California is first state to mandate…

California is moving to eliminate fossil fuels from its fleet of 14,000 transit buses, enacting a first-in-the-nation mandate that will vastly increase the number of electric buses on the road

Balancing the Ledger: Bain Capital Ventures…

Deshpande dishes on the Basis shutdown, discusses the future of Bitcoin, and talks about why he's bearish on enterprise blockchain.

World stocks mixed ahead of Brexit address; Fed…

World markets mixed as British PM prepares to address lawmakers over Brexit; Fed in focus

Week ahead: the Fed ...

The US central bank is almost certain to raise rates at this week's meetings. But, as David Pollard reports, it's what it may say about future meetings that really matters to markets.

Amazon Wants To Stop Selling Items It Can't…

According to Business Insider, Amazon has been rethinking its strategy around items it sells that it refers to internally as "CRaP", which stands for "Can't realize a profit." Some of these items include things bottles of water, paper towels, and snack foods, which on average are sold for less than $15. Amazon is now eliminating some of the unprofitable items and is working with its manufacturers or vendors to repackage items so they're more profitable to sell online. The move shows that Amazon is not afraid to "throw its weight around with vendors".

Frederick County house sales -- Dec. 17

California alleges utility falsified pipeline…

Regulators are accusing one of California's largest utilities of falsifying safety documents on natural gas pipelines

Byton CEO: Disrupting the Auto Industry With a…

Think of Byton's electric vehicles as the conduit for connected mobility services like health monitoring apps, says CEO Carsten Breitfeld.

Stocks plunge to 8-month lows on growth fears…

Stocks fall sharply on Wall Street, shaving 496 points off the Dow Jones Industrial Average, as traders worry about signs of weaker economic growth in China and Europe

Dow down on global economic worries

U.S. stocks slumped on Friday as weak data from China and Europe stoked fears of a global economic slowdown. Rough Cut (no reporter narration).

Amazon Building Air Hub In Texas

Business Insider reports Amazon is building an air hub at Fort Worth Alliance Airport in Texas. The air hub is expected to be fully operational next year, and will operate on the side of the airport also used by FedEx. According to Morgan Stanley analysts "AMZN's threat to UPS/FDX is growing and this is also a way for AMZN to save billions on shipping," .

Months after Massachusetts gas explosions…

Some Massachusetts property owners are struggling to return to normalcy following several dramatic pipeline explosions three months ago

Billionaire builds beach access app after…

A tech billionaire whose wedding violated California rules has helped create a smartphone app that shows users a map of more than 1,500 spots where people can get to the coastline

Concentric CEO: Connect With Society At All…

Protecting data involves more than just insulating it from security breaches, says Concentric CEO Greg Silverman.

World markets fall on Chinese growth concerns

Stock markets are down after China reported disappointing economic data, stirring up worries about the impact of trade tensions on the world's second largest economy.

Wall Street tumbles on global economic worries

U.S. stocks fell on fears about global economic slowdown after weak data from China and Europe, with Johnson & Johnson plunging following Reuters story that said J&J knew about asbestos in Baby Powder for decades. Roselle Chen reports.

Walmart Aquiring Brands In Attempt To Take On…

Business Insider reports Walmart has been on an online brands binge for several years now. Bonobos, ModCloth, and Art.com are just a few of the brands the retail giant has snapped up since 2010. The fact that many of the acquired companies belong to the realm of e-commerce indicates that this is all part of Walmart's ongoing battle with Amazon. But it's also about appealing to the younger, more affluent generation of consumers that flocks to brands like Bonobos and ModCloth.

Arizona journalism saga has poisoning claim…

Arizona newspaper publisher and his estranged wife are locked in a bizarre divorce case that includes poisoning allegations