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  • GE chief thinks about breaking up the company after $6.2-billion setback

    GE chief thinks about breaking up the company after $6.2-billion setback

    General Electric Co.’s new boss said he’s weighing potentially dramatic changes, including a breakup of the company into separate businesses, after the iconic manufacturer said it would take a major charge related to a legacy insurance operation. “We are looking aggressively at the best structure...

  • Consumer watchdog agency considers repealing payday lending rules

    Consumer watchdog agency considers repealing payday lending rules

    The Consumer Financial Protection Bureau has decided to reconsider a key set of rules enacted last year that would have protected consumers against harmful payday lenders. The bureau, which came under control of the Trump administration late last year, said in a statement Tuesday that it plans...

  • McDonald's pledges to recycle its packaging worldwide by 2025

    McDonald's pledges to recycle its packaging worldwide by 2025

    McDonald’s Corp. will recycle packaging in all of its almost 37,000 restaurants globally by 2025, the company announced Tuesday. McDonald’s also said all of its packaging will come from renewable, recycled or certified sources where no deforestation occurs by 2025. The burger giant’s move could...

  • Second lawsuit against poultry giants alleges chicken price-fixing conspiracy

    Second lawsuit against poultry giants alleges chicken price-fixing conspiracy

    A second lawsuit has been filed against some of the nation’s largest poultry producers, alleging they have conspired to fix the price of broiler chickens for nearly a decade. The complaint filed by Winn-Dixie Stores and its sister grocery, Bi-Lo Holdings, against Tyson Foods, Perdue Farms and Koch...

  • To please users and halt fake news, Facebook makes it harder for real news outlets

    To please users and halt fake news, Facebook makes it harder for real news outlets

    With more than 2 billion users, Facebook for years gave media outlets a shot at a vast audience that could help offset declining circulations. But after a year in which the spread of fake news, Russian interference and divisive politics sullied Facebook’s reputation and user experience, efforts...

  • Wells Fargo reports big tax savings — and big costs for investigations, lawsuits

    Wells Fargo reports big tax savings — and big costs for investigations, lawsuits

    The GOP tax overhaul saved Wells Fargo & Co. more than $3 billion in the fourth quarter, but the bank also set aside more than $3 billion to cover costs related to ongoing problems with its consumer businesses, the company reported Friday. In its earnings release for the fourth quarter and full...

  • Jeff Bezos gives 'Dreamers' $33 million to pay for college

    Jeff Bezos gives 'Dreamers' $33 million to pay for college

    ​​​​Amazon founder Jeff Bezos and his wife, MacKenzie Bezos, donated $33 million to fund 1,000 scholarships for Dreamers, immigrants who were brought to the United States illegally as children. The money will go to TheDream.US, the largest scholarship program for Dreamers. Each student receives...

  • Stocks keep jumping, led by retailers

    Stocks keep jumping, led by retailers

    Rising retailers pushed U.S. stock indexes further into record territory Friday, as the market's fabulous start to 2018 carried through its second week. Interest rates also climbed after a report showed that a key component of inflation accelerated last month. But stocks absorbed the gains without...

  • Once-soaring Mexican discount airline Interjet is now in a stall

    Once-soaring Mexican discount airline Interjet is now in a stall

    In cavernous jet hangars in and around Mexico City, Interjet has a secret. Four of the Mexican airline’s Sukhoi Superjet 100s — out of a fleet of 22 — have been grounded for at least five months because of engine maintenance delays. The Russian-made aircraft, which average just 4 years old, are...

  • Judge denies injunction to remove Mick Mulvaney as consumer bureau's acting director

    Judge denies injunction to remove Mick Mulvaney as consumer bureau's acting director

    A federal judge on Wednesday denied a request for a preliminary injunction to remove Mick Mulvaney as acting director of the Consumer Financial Protection Bureau. The judge sided with Mulvaney — President Trump’s budget director and choice for the interim position — over Leandra English, the agency’s...

  • China might make it harder for U.S. to pay for Trump's tax cuts

    China might make it harder for U.S. to pay for Trump's tax cuts

    China could make it harder for U.S. Treasury Secretary Steven Mnuchin to finance budget deficits brought on by President Trump’s tax cuts. Chinese officials reviewing the nation’s foreign-exchange holdings have recommended slowing or halting purchases of U.S. Treasuries. Although it’s not clear...

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  • Make holiday shopping for your clients easy this year

    Make holiday shopping for your clients easy this year

    The holidays are known as the most wonderful time of the year, but they're also a great opportunity for reflection, particularly in a business setting. This is the time of year when you can look back on the last 12 months and appreciate everyone who helped make the year a success for your business....

  • Small businesses have struggled to find funding: Not anymore

    Small businesses have struggled to find funding: Not anymore

    In business, dreams are easy. Finding the money to make them happen, however, can be difficult. Even established, successful businesses can get turned away for loans at banks. This was the case for Sole Bicycles, a popular maker of stylish, high-performance bikes based in Venice Beach, California....

  • 5 big changes for today's small businesses

    5 big changes for today's small businesses

    A generation ago, the notion of a small business owner meant something very different. You pictured a person who owned their own storefront, often named after themselves, and every day they were the first to arrive and the last to leave. They worked tirelessly for their customers, and their reward...

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