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  • U.S. stock indexes close mostly higher; oil recovers

    U.S. stock indexes close mostly higher; oil recovers

    U.S. stock indexes closed mostly higher Monday, snapping a four-day losing streak for the Dow Jones industrial average on a day of largely listless trading. Utilities led the gainers as falling bond yields made high-dividend companies more attractive to income-seeking investors. Phone companies...

  • 'Pharma Bro' Martin Shkreli's reputation precedes him, affecting jury selection

    'Pharma Bro' Martin Shkreli's reputation precedes him, affecting jury selection

    Several potential jurors at the federal securities fraud trial of Martin “Pharma Bro” Shkreli were excused on Monday after telling the judge they couldn't be impartial toward the flamboyant former pharmaceutical CEO because of his notoriety for raising the cost of a life-saving drug 5,000%. At...

  • Tesla wants to develop its own music service

    Tesla wants to develop its own music service

    It may not be enough for the electric car company Tesla to take on the giants of Detroit, like General Motors and Ford. The Palo Alto-based automaker is said to be exploring its very own music streaming service too, a move that would pit the company against market leader Spotify, and the aggressive...

  • This weekend will test SpaceX's ability to step up its launch pace

    This weekend will test SpaceX's ability to step up its launch pace

    SpaceX has a busy weekend ahead. And its outcome could signal whether the company is closing in on a crucial milestone. Starting Friday morning, the Hawthorne space company is planning two satellite launches from opposite coasts with only about 48 hours in between. If the launches come off as planned,...

  • Sears to close 20 more stores

    Sears to close 20 more stores

    Sears is closing an additional 20 stores as the ailing retailer tries to turn around its business. Real estate investment trust Seritage, which owns the 20 properties, confirmed the closings — 18 Sears stores and two Kmart stores — in a government filing Friday. In 2015, Sears Holdings Corp. sold...

  • Should you ditch your financial advisor and hire a robot?

    Should you ditch your financial advisor and hire a robot?

    If you’ve ever wished for a robot to clean your house or walk your dog, you’ll likely understand the appeal of a robo-advisor. These services offer a relatively hands-off way to manage your investments. Also known as automated investing or online advisors, robo-advisors use computer algorithms...

  • The number of new female board members dropped last year

    The number of new female board members dropped last year

    The push to get more women onto corporate boards of directors is getting a lot of attention lately: Investors have been urging companies to make it a priority, Uber came under fire after a director cracked a joke about more women in the boardroom and a Wall Street statue of a little girl aimed...

  • Toshiba has until August to sort out financial filings — or face delisting risk

    Toshiba has until August to sort out financial filings — or face delisting risk

    Money-losing Japanese electronics and nuclear company Toshiba Corp. has until Aug. 10 to get auditors to sign off on its earnings statements, or else it faces the risk of being delisted. Tokyo-based Toshiba, whose U.S. nuclear unit Westinghouse Electric Co. filed for bankruptcy protection in March,...

  • Free juice! Hyundai reimburses electric charging costs to Ioniq drivers

    Free juice! Hyundai reimburses electric charging costs to Ioniq drivers

    I have made no secret of my affection for electric cars. Seduced by their smooth, strong, silent motors, and the promise of never visiting a gas station again, the battery electric vehicles represent a real promise for a future of petroleum-free motoring. But not everyone agrees with me. Despite...

  • Oil prices rise after some steep declines, and stocks hold steady

    Oil prices rise after some steep declines, and stocks hold steady

    U.S. stock indexes held steady Thursday after the price of oil halted its slide, at least for now. Energy stocks fell again, but not by nearly as much as earlier in the week, after crude rose for the first time in four days. Big gains for healthcare stocks also helped offset losses for financial...

  • Uber employees petition for former CEO Travis Kalanick's return

    Uber employees petition for former CEO Travis Kalanick's return

    The majority of Uber’s investors may have wanted its co-founder and chief executive, Travis Kalanick, out, but some employees of the ride-hailing company are already calling for his return. In a petition that began circulating within Uber on Wednesday, employees called for Uber’s board of directors...

  • A new generation of senior housing is making 'elderly islands' obsolete

    A new generation of senior housing is making 'elderly islands' obsolete

    Recently retired, Pam Watkins wanted a new lifestyle. The former school principal saw her Dana Point neighborhood “turning over,” increasingly populated with young families busy with kids or work. She wanted more people her own age to “play with,” but didn’t want to live in a “grave-yardish” retirement...

  • Conservative commentator Hugh Hewitt gets a show in MSNBC's weekend expansion

    Conservative commentator Hugh Hewitt gets a show in MSNBC's weekend expansion

    MSNBC is expanding its live news programming lineup, including a new Saturday show hosted by conservative commentator Hugh Hewitt. Hewitt, best known as a host for the right-leaning Salem Radio Network, will have a half-hour Saturday morning program airing at 8 a.m. Eastern. The move is likely...

  • Tesla explores setting up a factory in China

    Tesla explores setting up a factory in China

    Tesla Inc. is working with the city of Shanghai to “explore the possibility” of opening a factory in the area, the maker of electric cars confirmed Thursday. Sales in China generate a hefty chunk of Tesla’s revenue, and moving some manufacturing near those buyers would slash some costs. “While...

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  • 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...

  • 5 steps to creating happiness in your workplace

    5 steps to creating happiness in your workplace

    Each workday, the average American spends 8.8 hours at work or on work-related activities, according to the Bureau of Labor Statistics. That’s even more time than people spend sleeping. And because we spend so much time at work, it's in your and your employer’s best interest to make workplaces...

  • 6 pet-related businesses you can start today

    6 pet-related businesses you can start today

    Starting your own business can nurture your entrepreneurial spirit, earn you some money and give you the opportunity to spend more time with your family — including your pets. So what job can you do that doesn't necessarily require a degree, affords you time flexibility, is in a growing industry...

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