New York state tax revenues plummet by $3.7 billion

New York state tax revenues fell by $3.7 billion, or 4.7 percent, last year — the largest collapse since the 9/11 attacks — but officials downplayed the...

Here’s why McDonald’s is ditching its fancy burgers

McDonald's is streamlining its menu by revamping its Quarter Pounder and abandoning its craft burgers. The company said Wednesday that it will "move away" from its Signature Crafted...

Writers Guild of America suing agencies over packaging fees

The Hollywood writers-agents story could become a court drama.The Writers Guild of America, whose members include Seth MacFarlane, Patton Oswalt, Tony Kushner and Tina Fey, is claiming in a...

Netflix brushes off streaming threats from Apple, Disney

Netflix brushed off threats of competition from Apple and Disney on Tuesday even as it predicted its global subscriber base will grow at a slower pace next...

Nike’s faith in Tiger Woods finally pays off

Nike stuck with Tiger Woods for a long, ugly decade — and now it’s finally paying off.On Sunday, Woods won his fifth Masters green jacket and his first major...

Volkswagen plans to take on Tesla’s Model X

Volkswagen plans to build a fully electric sports utility vehicle (SUV) for China from 2021, taking on the Chinese market leader Tesla’s Model X as the German...

As Cashless Stores Grow, So Does the Backlash

So he was surprised to learn the dollar bills in his pocket were no good at Dos Toros Taqueria in Manhattan, one of a small but growing...

Campbell Soup nears $500M deal to sell Bolthouse Farms

Six months after it kicked off its auction to sell its Bolthouse Farms juice business, Campbell Soup is close to a sale for about $500 million, sources...

Stocks Turn Lower as Wall Street Reverses Course

Stocks turned lower Thursday as investors reacted to the release of the Federal Reserve Open Market Committee's minutes from its March meeting and signs of progress in...

U.S. Core Inflation Cools Amid Shift in Data Methodology

A key measure of U.S. inflation rose less than forecast in March on a drop in apparel prices following a methodology change for data collection, offering some...

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