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Business News

Friday, Feb 10, 2017 at 05:38 PM EST

Ford Bets $1B on Startup Founded by Waymo, Uber Vets

Ford Bets $1B on Startup Founded by Waymo, Uber Vets

Ford Motor is spending $1 billion to take over a budding robotics startup to acquire more expertise needed to reach its ambitious goal of having a fully driverless vehicle on the road by 2021. The big bet...

Monday, Feb 6, 2017 at 03:33 PM EST

Parent Company of Bob's Stores Files for Bankruptcy

Parent Company of Bob's Stores Files for Bankruptcy

Eastern Outfitters, the parent company of Eastern Mountain Sports and Meriden-based Bob’s Stores, has filed for Chapter 11 bankruptcy.

Saturday, Feb 4, 2017 at 08:45 PM EST

A $1.1 Million Bet, and a Lot of Happy Bookies in Vegas

A $1.1 Million Bet, and a Lot of Happy Bookies in Vegas

A bettor using his phone app put $1.1 million on the Atlanta Falcons plus 3 points in the Super Bowl, part of an influx of money that could make Sunday a record day in Las Vegas sports books. The unidentified...

Sunday, Feb 5, 2017 at 04:01 PM EST

Uber Buying Plane Tickets for Drivers Stranded by Trump Order

Uber Buying Plane Tickets for Drivers Stranded by Trump Order

Uber CEO Travis Kalanick says his company is buying plane tickets for stranded drivers now that a federal judge has put a hold on President Donald Trump's ban on travel to the United States by people from seven...

Thursday, Feb 2, 2017 at 09:08 PM EST

Snap Inc., Owner of Snapchat, Files for IPO

Snap Inc., Owner of Snapchat, Files for IPO

Snap Inc., owner of the popular disappearing-messages service Snapchat, seeks to raise up to $3 billion in an initial public offering. That number may change based on investor demand. Facebook raised $16 billion...

Wednesday, Feb 1, 2017 at 04:34 PM EST

Facebook Quarterly Earnings Top Expectations

Facebook Quarterly Earnings Top Expectations

Facebook reported quarterly earnings that beat analysts' estimates on Wednesday, and revenue that topped expectations, as grew ad revenue 53 percent in a quarter. Shares rose 3 percent after hours.Facebook's ad...

Wednesday, Feb 1, 2017 at 09:22 AM EST

Women Are, Very Slowly, Getting More Seats in the Boardroom

Women Are, Very Slowly, Getting More Seats in the Boardroom

The number of women sitting at the table in corporate boardrooms across the country is rising very slowly, but it's rising. Just over 15 percent of all director seats at publicly traded U.S. companies were held...

Wednesday, Feb 1, 2017 at 02:16 PM EST

Fed Leaves Key Rate Unchanged at Time of Uncertainty

Fed Leaves Key Rate Unchanged at Time of Uncertainty

The Federal Reserve has left its key interest rate unchanged at a time of solid economic gains but also heightened uncertainty surrounding the new Trump administration. The Fed said in a statement ending its...

Monday, Jan 30, 2017 at 12:31 PM EST

Toyota Loses 'World's Biggest Automaker' Title to VW

Toyota Loses 'World's Biggest Automaker' Title to VW

Toyota has relinquished the title of the world's biggest automaker, reporting Monday that it sold 10.175 million vehicles worldwide in 2016, fewer than Volkswagen's 10.31 million. General Motors reports its...

Monday, Jan 30, 2017 at 04:24 PM EST

Starbucks to Hire 10,000 Refugees Over Next 5 Years

Starbucks to Hire 10,000 Refugees Over Next 5 Years

Starbucks says it will hire 10,000 refugees over the next five years, a response to President Donald Trump's indefinite suspension of Syrian refugees and temporary travel bans that apply to six other Muslim-maj...

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Connecting You to the Penguin Plunge!
Connecting You to the Penguin Plunge!
NBC Connecticut is connecting you with a “cool” way to give back to the community! We’re freezing for a reason at the 2017 Penguin Plunge, supporting Special Olympics of Connecticut! Read more
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