Business News

  • Uber bringing fleet of self-driving cars to Washington, DC
    Andrei Stanescu/iStock(WASHINGTON) -- Uber is bringing a fleet of self-driving cars to the nation's capital to begin mapping out prospective routes -- aided by human drivers at first -- starting on Friday.The new self-driving cars that are expected to hit the roads in Washington, D.C., will have the initial goal ... read more
    BusinessJanuary 24, 2020
  • Tesla overtakes Volkswagen for No. 2 spot among world’s most valuable carmakers
    jetcityimage/iStock(NEW YORK) -- The U.S. electric car company Tesla has topped Germany's Volkswagen to become the second most valuable automaker in the world.The electric car maker's market value surpassed the $100 billion mark this week, overtaking Volkswagen's approximate $99 billion. Both car companies still trail far behind the value of ... read more
    BusinessJanuary 24, 2020
  • Greta Thunberg joins climate strike on last day in Davos
    DisobeyArt/iStock(DAVOS, Switzerland) -- Greta Thunberg joined fellow activists in a climate strike Friday, capping off her time in Davos, Switzerland, for the World Economic Forum, where she continued her push for climate change action.Earlier that day, Thunberg once again called out world and business leaders for their inaction on the ... read more
    BusinessJanuary 24, 2020
  • Gas-guzzling Hummer could make its comeback as an all-electric truck
    Spauln/iStock(NEW YORK) -- General Motors' hulking, ostentatious, gas-guzzling Hummer SUV was once the scourge of environmentalists. Now the military-style ute may have its ultimate revenge: a second chance as an all-electric pickup truck. That's right. GM, which discontinued the Hummer brand in 2010 as gasoline prices were skyrocketing and the ... read more
    BusinessJanuary 24, 2020
  • Steve Mnuchin tells Greta Thunberg to study economics before discussing fossil fuel divestment
    Official White House Photo by Andrea Hanks(DAVOS, Switzerland) -- U.S. Treasury Secretary Steve Mnuchin said teen climate activist Greta Thunberg can talk about divesting from fossil fuels "after she goes and studies economics." Mnuchin made the comments to reporters Thursday in Davos, Switzerland, where world and business leaders are gathering ... read more
    BusinessJanuary 24, 2020
  • Cashless stores and restaurants banned in New York City
    SolStock/iStock(NEW YORK) -- Cash will remain king in Big Apple stores and restaurants.The New York City Council will vote Thursday to prohibit businesses from only accepting credit card, debit or digital payments. There were concerns from elected officials that such stores and eateries discriminated against poorer customers who don't have ... read more
    BusinessJanuary 23, 2020
  • Tinder is adding a panic button to its app for dating emergencies and cracks down on catfishing
    iStock/Wachiwit(NEW YORK) -- Tinder announced a slew of new safety features Thursday, ranging from letting users call emergency services while on a date to a photo verification system that ensures "every match is who they say they are."The updates come a little over a year after headlines about a suspected ... read more
    BusinessJanuary 23, 2020
  • Cashless stores and restaurants could be banned in New York City
    SolStock/iStock(NEW YORK) -- Cash will remain king in Big Apple stores and restaurants.The New York City Council will vote Thursday to prohibit businesses from only accepting credit card, debit or digital payments. There were concerns from elected officials that such stores and eateries discriminated against poorer customers who don't have ... read more
    BusinessJanuary 23, 2020
  • Sin City changes famous ‘What happens here, stays here’ slogan
    georgeclerk/iStock(LAS VEGAS) -- For years visitors have come to know that what happens in Vegas, stays in Vegas -- but now Sin City's slogan is getting an update.The award-winning campaign -- "What happens here, stays here" will reportedly change to "What happens here, only happens here."The new tourism slogan is ... read more
    BusinessJanuary 23, 2020
  • Boeing’s new CEO: ‘We were our own worst enemy’
    Wolterk/iStock(NEW YORK) -- Boeing CEO David Calhoun, who's been on the job about a week, said that in the aftermath of the 737 Max crisis, "We were our own worst enemy." Calhoun, a longtime Boeing board member who took over after the sudden departure of Dennis Muilenburg, spoke out on ... read more
    BusinessJanuary 23, 2020