'The Martian' may lose top spot in crowded weekend at box office

Business / Business News /

LOS ANGELES -- "Goosebumps" may outspook "The Martian" at the box office this weekend.

Ridley Scott's "The Martian" will likely add $24 million to $26 million in ticket sales in the U.S. and Canada, according to people familiar with pre-release audience surveys. That could earn it the No. 1 spot for the third weekend in a row.

However, some ...Read more

Carnival announces more ships, brands will homeport in China

Business / Business News /

MIAMI -- Carnival Corp. will continue its eastward expansion, basing six ships in China in the 2016 season, the Miami-based company announced Tuesday at a trade show in Shanghai.

The move increases Carnival's capacity in China by 58 percent, to a total 4 million passenger cruise days, accounting for nearly half the Chinese market share, the ...Read more

Starbucks tests coffee delivery within Empire State Building

Business / Business News /

SEATTLE -- Starbucks says it can now bring coffee directly to the office doorstep of the 12,000 people who work at the Empire State Building.

The service -- which Starbucks dubs "Green Apron Delivery" -- allows customers inside the New York landmark to order a selection of beverages and food through a special website.

Seattle-based Starbucks ...Read more

Under Armour chief financial officer Dickerson to step down

Business / Business News /

BALTIMORE -- Longtime Under Armour executive Brad Dickerson, the company's chief operating officer and chief financial officer, is leaving early next year.

Dickerson "will be stepping down to pursue another professional opportunity outside of the athletic performance industry," the company said in a news release. He will remain with Under ...Read more

2016 Toyota Prius to get 55 mpg

Business / Business News /

DETROIT -- Toyota said Tuesday its all-new 2016 Prius sets a new bar, with an expected 10 percent improvement in fuel economy, or 55 mpg, for the core models of a family of hybrids already known for their efficiency.

The fourth-generation Prius will go on sale in Japan in December and hit U.S. showrooms early next year. Pricing has not been ...Read more

American Apparel's ousted CEO has enough clout to disrupt the clothier's reorganization plan

Business / Business News /

LOS ANGELES -- In the nearly 16 months since Dov Charney was pushed out of American Apparel Inc., he has remained a palpable force at the company he founded. And now, he could play a visible role in its bankruptcy proceedings.

American Apparel filed for Chapter 11 bankruptcy protection last week after reaching a deal with 95 percent of its ...Read more

Despite White House opening, exports to Cuba continue to drop

Business / Business News /

WASHINGTON -- U.S. agricultural and food exports to Cuba continued dropping in recent months, despite this being the year the United States is working to substantially open trade with the island nation.

In August, exports of food and agricultural products authorized under a 2000 trade law dropped to $2.3 million, according to new data from the ...Read more

SABMiller agrees in principle to merge with Budweiser owner AB InBev

Business / Business News /

Beer giants Anheuser-Busch InBev and SABMiller are one step closer to creating a brewing behemoth.

The world's two largest brewers said Tuesday they had reached an agreement on the key terms of a potential takeover offer after weeks of haggling.

A combined company would control 49.5 percent of the global market share in beer, according to ...Read more

Twitter to lay off up to 336 employees worldwide

Business / Business News /

SAN FRANCISCO -- Twitter plans to lay off up to 336 people, slashing about 8 percent of its workforce worldwide, the tech firm announced Tuesday.

The layoffs come as the social media company, which has struggled to attract new users and impress Wall Street, is trying to change how it works and what it needs to do to accomplish its goals, ...Read more

Phil Rosenthal: Does Bud-Miller deal look better at closing time?

Business / Business News /

Acutely aware of its clock ticking, SABMiller on Tuesday accepted brewing rival Anheuser-Busch InBev's marriage proposal.

An improved deal worth a reported $106 billion, an ample dowry by any standard, no doubt helped nudge the London-based parent of Chicago's MillerCoors to say yes just ahead of a midweek deadline imposed by United Kingdom ...Read more

Twitter announces it will lay off 8 percent of its workforce

Business / Business News /

Twitter Chief Executive Jack Dorsey may have spoken too soon back in June when he described the company's direction as "extremely strong and beautiful."

The San Francisco microblogging site will cut 336 employees, or 8 percent of its global workforce, as part of a restructuring plan. Twitter began notifying affected employees on Tuesday, while ...Read more

No nudes allowed: Playboy decides to put it all back on

Business / Business News /

Where once Marilyn Monroe, Pamela Anderson and Naomi Campbell lolled in the nude, future centerfolds will be bikini-clad, and more, Playboy has announced. The magazine that got famous for showcasing naked women is giving up nudity.

What's to blame, of course, is the Internet.

"You're now one click away from every sex act imaginable for free," ...Read more

Workplaces begin to offer expanded parental leave

Business / Business News /

BALTIMORE -- East Coast bank M&T Bank recently announced expanded parental leave benefits for all its employees, joining a flurry of corporate parental leave expansions as employers respond to societal shifts and increasing demands on employees on the job and at home. Companies such as Accenture, Microsoft and Netflix all have announced enhanced...Read more

Professional spaces can get 'childish'

Business / Business News /

Making a face behind a co-worker's back may not be the most professional way to express annoyance, but it beats throwing a temper tantrum.

The modern workplace has left most of its gray suits in the closet and cheered the arrival of pets and the occasional basketball hoop. But that less formal atmosphere may have opened the door to other less ...Read more

Balancing Act: Tech-savvy millennial moms work on their own terms

Business / Business News /

After dropping her three children off at preschool, Joanna Navarrete gets on the Internet and promotes her business. She blogs. She reviews. She posts information on websites -- all to get expecting moms to hire her for consultations or attend her monthly classes on caring for multiples.

"I want to feel productive and benefit my home," says the...Read more

Diane Stafford: Some retailers stop on-call scheduling

Business / Business News /

When I've been out reporting on workers' protests for a higher minimum wage, fast food and retail workers repeatedly have told me three things:

--Their hourly pay rate isn't enough to pay basic living expenses.

--They're not getting enough hours on the job.

--They can't get a second job because they're required to be available for their first...Read more

Liz Reyer: What to do on a project when the boss provides little guidance

Business / Business News /

Q: My boss just threw me in the deep end of the pool on a new project; he has a lot of expertise in the area, me, not so much. Is this tough love, or is he setting me up to fail? Either way, how do I handle it?

A: Ask good questions, find others to learn from and don't let it get in your head.

My bias is that it's helpful to stay positive, so ...Read more

Rex Huppke: Someday, a robot could be your boss

Business / Business News /

I peered into the future of the workplace, my friends, and came away with both bad and good news.

The bad news is there's a very good chance that by 2018, some of you will be fired by a robot.

The good news is you'll be able to tell people that you were fired by a robot, which, quite frankly, is such a good story that it might be worth getting...Read more

How working at McDonald's helped CEO find health food success

Business / Business News /

CHICAGO -- Samir Wagle, a fit and energetic 45-year-old, ambled into a downtown Chicago Protein Bar recently and gave fist bumps to some of his employees.

Once a McDonald's fry cook (more on that later), Wagle was named Protein Bar's new CEO in December, succeeding company founder Matt Matros.

Until last year, Wagle worked as chief operating ...Read more

Your Office Coach: 'Confrontation' not necessary in asking for a raise

Business / Business News /

Q: Although I was promoted more than a year ago, no one ever said anything about a raise. I don't think I should have to go crawling to management for money, but I'm tired of doing more work for the same pay. Since this company doesn't do performance reviews, the subject will never come up unless I say something.

Unfortunately, I am not ...Read more