All Economy
KFC, McDonald's face China food scandal: expired meatKFC and McDonalds said they immediately stopped using meat from the supplier, Husi Food Co., Ltd. The Shanghai office of China's food and drug agency said it was investigating and told customers to suspend use of the supplier's products.
Electric cars: Why Tesla is important for both the auto industry and Silicon ValleyElectric cars have a valuable advocate in Tesla, whose Model S sedan is the gold standard in the growing industry. But in addition to the growth of electric cars, Tesla's success is vital to the US auto industry as a whole.聽
The winners 鈥� and losers 鈥� in race to ban inversionsAs Congress tries to ban the practice of inversions 鈥撀爓hen US based multinationals merge with foreign firms聽to lower their tax bill 鈥� it actually puts Congress and US corporations on a destructive path, writes Howard Gleckman. What does that mean for reform within US corporate tax system?
Taco Bell declares breakfast victory. McDonald's, Burger King shouldn't worry.Taco Bell's parent company Yum! Brands is already claiming victory in fast food breakfast, but it is misleading, writes Scott Humes. In fact, Taco Bell and Yum! Brands' declaration does not mean competitors should worry.
Will food recovery help the food industry?The world population is estimated to rise over 9 billion in 2050, putting pressure on food security, Cara Mayo and Ben Simon write. Could food recovery be the key to securing the food industry?
How New York state wants to regulate bitcoinNew York has proposed new regulations to the online currency bitcoin, making it the first such state to address the cryptocurrency at a government level. What bitcoin regulations will New York lawmakers want to adopt?聽
Forbes Media to sell majority stake to Hong Kong investor groupForbes Media will sell a majority stake of itself to a Hong Kong-based investor group, the company said Friday. Terms of the transaction were not disclosed, but it is reported that the transaction values Forbes Media at $475 million.
Uber is delivering ice cream today. How to get it.Uber, the taxicab and ridesharing service, is delivering ice cream to its users in 144 cities for the third year in the row. Until 5 p.m., smartphone users with the Uber app can 聽request a shipment of ice cream to be delivered 'within minutes.'
How a Kenyan TV series is helping farmers improve productivity, increase incomeA television series in Kenya is trying to help small-scale farmers with issues such as financial management and irrigation. For example, the show has been helping one Ugandan woman turn her farm into a business to support her nine children.
General Motors recalls several models for power steering problemsGeneral Motors is recalling several models 鈥� 2008聽Chevy Malibu, Pontiac G6, and Saturn Aura 鈥撀爁or power steering problems.聽Affected vehicles may experience a sudden loss of power steering assist, which could occur at any time while driving.
Delphi (DLPH) CEO O'Neal says ignition switch problem is GM's faultThe CEO of Delphi, the manufacturer of defective ignition switches, said General Motors is the one to blame for the ignition problem responsible for at least 13 deaths. During the her fourth Congressional hearing, GM CEO Mary Barra said the automaker is doing everything it can to correct the the problem and compensate victims.
O'Neal blames GM for deaths linked to a defective ignition switchDelphi聽CEO Rodney O'Neal,聽testifying in front of the US Congress, said his company made 'the switch that GM approved and wanted.'
Nissan's driverless car? It won't be fully autonomous in 2020.Earlier this year, Nissan announced it would have a driverless car by 2020. However, it turns out that Nissan's self-driving car won't actually be fully autonomous.聽
Mattel (MAT) sales fall, send stocks tankingMattel Inc. (MAT) reported Thursday that its sales for the second quarter of this year were down 9 percent. The bad news sent Mattel stock down almost 7 percent by mid-afternoon.聽
SUVs, crossovers outsell sedans for first time everSales of SUVs and crossovers now outpace sales of sedans in the US.聽SUVs and CUVs accounted for 36.5 percent of new US vehicles registered between January and May of 2014,聽according to IIHS Automotive.
Fox bid for Time Warner: A counter to cable company mergers?The cash-and-stock bid by Murdoch's Twenty-First Century聽Fox聽Inc. was partly meant to counter consolidation among US TV distributors like Comcast-Time聽Warner聽Cable and AT&T-DirecTV.
Saving money with Amazon Prime? You're actually spending more.Although Amazon Prime subscribers receive perks with the $99-per-year subscription, they may still be paying more. In a survey of Amazon Prime subscribers,聽61 percent聽of respondents said they've spent more money on Amazon after becoming Prime subscribers than before.聽
Microsoft will cut 18,000 jobs by June 2015Microsoft Corporation aims to cut 18,000 jobs over the next year, the company announced Thursday. It will be Microsoft Corporation's largest round of layoffs in company history, as Microsoft streamlines its business with recently-acquired Nokia in mind.
McDonald's US sales are down. Is it time for McDonald's to reinvent?Given that McDonald's US sales have been declining in 2014, McDonald's franchisees are wondering if the brand needs to reinvent itself. In a survey, some franchisees in the US say 'McDonald's is聽more and more like a convenience store.'
How to find inexpensive but unique souvenirsLooking for something to bring back from your travels that is cheap but unique? Nerd Wallet explains how to find the right gift for someone from your travels.
