Snapchat shares tank 6 percent after ‘woeful’ analyst comment

Snap shares tumbled more than 6 percent to an all-time low Tuesday after a Wall Street analyst said the Snapchat parent was in danger of running out...

UK official cautions Comcast about Sky’s independence

A top UK official is warning US media giant Comcast, the new owner of British satellite TV operator Sky News, to mind the independence gap. The no-nonsense message...

Retailers Rush to Fill Holiday Hole Left by Toys ‘R’ Us

The collapse of Toys “R” Us Inc. has its rivals fighting over billions of dollars in holiday toy sales now up for grabs, and is also likely...

Ford to trim jobs in workforce reorganization

DETROIT (WDRB) -- Ford is cutting staff as it transforms its business. the second largest US automaker said Friday it was reorganizing its global salaried workforce as part...

Era of bank secrecy ends as Swiss start sharing account data

The era of mystery-cloaked numbered Swiss bank accounts has officially come to a close as Switzerland, the world’s biggest center for managing offshore wealth, began automatically sharing...

Secret Amazon brands are quietly taking over Amazon.com

Arabella. Lark & Roe. Mae. NuPro. Small Parts.You might not know it from their names, but these brands all belong to Amazon.Amazon’s private label business is booming, on...

GM and Honda are teaming up on self-driving cars

Honda Motor Co. will invest $2 billion and take a 5.7 percent stake in General Motors’ Cruise self-driving vehicle unit, extending cooperation between the two automakers in...

Toys ‘R’ Us debtholders plan to bring back ‘iconic’ brand

It’s official: Toys R Us will live on. The iconic retailer’s debtholders are forming a new company, Geoffrey LLC that will control the Toys R Us and Babies...

One economic stat Trump can’t crow about

Today I’m going to continue to dig deeply into the government’s economic data — even if you are falling asleep. Wake up! (Sound of pan being banged.) You’ll have...

This is the beginning of the end for Lord & Taylor’s flagship store

Lord & Taylor’s long goodbye to Fifth Avenue is about to begin — and it may include some nice deals on cashmere sweaters and designer handbags. The upscale...

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