Business News

Explosion at Idaho hazardous waste site kills 1, injures 3

Officials say an employee at a hazardous waste site in southwestern Idaho was killed after an explosion Saturday that also injured three workers and heavily damaged a building

First African-American top network executive…

Channing Dungey, the first African-American executive to lead a broadcast network, is stepping down

Balancing the Ledger: TransferWise Says No to…

Trasnferwise cofounder and chairman Taavet Hinrikus stops by The Ledger.

Health care, energy companies power US stock…

Wall Street capped a day of volatile trading with a late-afternoon buying spree that sent U.S. stock indexes to a mostly higher finish Friday

The week ahead: Brexit on the mind

Brexit will be closely watched as UK prime minister, Theresa May, fights not just for her EU divorce deal, but also for her political life, while the U.S. could be thankful this holiday for data expected to show an economy in the very best of health. Pascale Davies reports.

J.Crew CEO James Brett Steps Down

According to Reuters, J.Crew Group, known for its line of preppy men’s and women’s clothing, has announced that its Chief Executive Officer James Brett is stepping down from his position. effective immediately. The decision is going to leave the retailer without a CEO just before the key holiday shopping season, but it was described in a statement as a mutual agreement between Brett and the company’s board of directors. Brett is a long-time retail veteran who was named to the job in June 2017.

Fight over dinosaur fossils comes down to what's…

A fight over who owns the fossils of two dinosaurs that appear to have died while locked in battle hinges on the legal definition of "mineral"

Give the gift of no-plastic sipping straws for the holidays

Whether luxury, edible or made of glass, no-plastic straws make a timely holiday gift

Shoppers Are Ready to Spend Online This Holiday…

According to a new Deloitte study.

World markets subdued on trade, Brexit tensions

World markets are subdued amid trade tensions and political risks surrounding Britain's exit from the European Union.

Social media praises Beyoncé for buying out Ivy…

Beyoncé's business partner in Ivy Park, Sir Philip Green, has been accused of sexual harassment and racial abuse. The billionaire behind brands such as Topshop categorically denies the claims,

Tesla Starts Taking Model 3 Orders In China

According to Reuters, Tesla has started taking orders for its Model 3 sedan in China for a deposit of 8,000 yuan. After a Twitter used asked when the deliveries in China would begin, Chief Executive Officer Elon Musk said, “Probably some deliveries in March, but April is more certain." The company has been banking on its Model 3 sedan, the performance of which is seen crucial to the carmaker’s future. China is the largest market for electric vehicles and most forecasters predict that its sales in the country will speed up the government goal of 100-percent electric vehicles by 2030.

Crestview organizations provide Thanksgiving status

Utility asked last month to hike bills over…

A utility facing severe financial pressure amid speculation that its equipment may have sparked a deadly California wildfire asked U.S. energy regulators last month for permission to raise its customers' monthly bills

Christie’s Sells Rare Pink Legacy Diamond at a…

It's 18.96 carats.

How JCPenney execs magically stopped the stock…

JCPenney shares continue to fall after the company reported its third-quarter earnings. The results were so disappointing that they sent shares down more than 10% to an all-time low. How did JCPenney execs stop the stock from crashing below $1.00? Brian Sozzi is here to discuss.

UK Business Backs May's Brexit Deal But Plans For…

According to Reuters, UK business lined up to help Prime Minister Theresa May sell her draft Brexit agreement, but also continued to plan for Britain to crash out of the European Union without a deal. Rolls Royce Chief Executive Warren East told BBC that the "agreement is only a draft" and that they will continue with contingency plans for both case scenarios.

Former Penny's Place diner reopens under new name

Microsoft Acquiring Chatbot Startup XOXCO

For an undisclosed amount.

Ming River CEO on Bringing Baijiu to Western…

The most popular liquor in the world is probably one you’ve never heard of. Baijiu — the clear liquor is the most consumed alcohol in the world.  Bill Isler, Ming River CEO, joins The Final Round to discuss what’s special about it and why it’s so popular in China.

Tesla Will Ship Cars To China In 2019

According to Business Insider, Chinese customers can now order Tesla's Model 3 sedan. A translated version of the website says Model 3 deliveries will begin in China during 2019. Tesla CEO Elon Musk said that deliveries should begin in March or April. Musk added that Tesla will use "dedicated roll-on, roll-off fast ships" to transport vehicles to Europe and Asia during the first quarter of 2019. The European and Chinese markets are expected to be important sources of growth for Model 3 sales.