Amazon’s latest perk … free delivery to your car. The Seattle company on Tuesday began offering delivery in 37 cities to Amazon Prime members who own newer General Motors or Volvo vehicles. The company will expand locations as well ...
Read More »Potential settlement may interfere with Fargo profits
Wells Fargo’s profit jumped 6 percent during the first quarter, however that may be revised following an offer by federal regulators to settle a host of investigations into the consumer banking giant at a cost of $1 billion. Wells is ...
Read More »The Powell era at the Fed seems sure to face some turbulence
When Jerome Powell was sworn in Monday as the new chairman of the Federal Reserve, the pride of the moment could have been tempered by Powell’s recognition of the risks that lie ahead. A ferocious sell-off on Wall Street on ...
Read More »US sales of outdoor equipment slump as consumer habits shift
The outdoor gear industry brought its biggest winter marketplace to Denver this week as it faces slipping sales and shifting U.S. consumer habits. About 1,000 manufacturers are showing new products to 11,000 retail buyers at the Outdoor Retailer and Snow ...
Read More »US economy grew at solid 2.6 percent rate in fourth quarter
The U.S. economy grew at a solid rate of 2.6 percent in the final three months of last year, helped by the fastest consumer spending since the spring of 2016 and a big rebound in home construction. The fourth quarter ...
Read More »Curry says she wasn’t surprised by Lauer allegations
Former “Today” show anchor Ann Curry says she’s not surprised by the allegations that got former colleague Matt Lauer fired and that there was an atmosphere of verbal sexual harassment at the NBC show when she worked there. Curry lost ...
Read More »US homebuilder sentiment slips; outlook remains positive
U.S. homebuilders are feeling slightly less optimistic about their sales prospects, even as their overall outlook remains favorable ahead of the spring homebuying season. The National Association of Home Builders/Wells Fargo builder sentiment index released Wednesday slipped this month ...
Read More »US industrial production rose 0.9 percent in December
The Federal Reserve says U.S. industrial production rose 0.9 percent in December, pulled higher by a surge in utility output, another sign of health for the American economy. Utility production shot up 5.6 percent last month, the most since ...
Read More »US sports leagues are hedging their bets on legal gambling
In court, all four major U.S. sports leagues are fighting New Jersey’s challenge to the federal ban on sports gambling, which the Supreme Court will hear Monday. Outside of court, leaders of three of the four leagues have made public ...
Read More »Washington state sues Uber over data breach cover-up
Washington state sued the ride-hailing company Uber on Tuesday, saying it broke state law when it failed to notify more than 10,000 drivers that their personal information was accessed as part of a major data breach. Last week, Uber acknowledged ...
Read More »Rich San Francisco homeowners get sold-off street back
Residents of an exclusive San Francisco neighborhood who failed to pay taxes on their private, gated street for two decades got the street back Tuesday after supervisors voted to rescind the sale of the tax-defaulted property. The Board of Supervisors ...
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