Amazon's website experienced widespread crashes and problems Monday shortly after the e-commerce company's annual day of sales, Prime Day, began at noon.
The app and website worked intermittently early Monday afternoon, sometimes showing deals, sometimes showing pictures of various dogs with apologetic messages. One French bulldog proclaimed, "...Read more
Sinclair Broadcast Group's proposed $3.9 billion purchase of Chicago-based Tribune Media may be in jeopardy after Federal Communications Commission Chairman Ajit Pai issued a statement Monday expressing "serious concerns" about the deal.
"The evidence we've received suggests that certain station divestitures that have been proposed to the FCC ...Read more
Google employees whose comments in internal communications were filed in court by a fired engineer have received online threats -- but engineer James Damore redacted the names of Googlers sympathetic to his cause.
That's according to a judge in Damore's lawsuit against the Mountain View tech giant.
Google sacked Damore last year after he wrote...Read more
CHICAGO -- CVS has fired two employees at a store in Chicago's Edgewater neighborhood who called the police on a black female customer Saturday after she attempted to use a coupon.
"We have completed our investigation, and as a result the two colleagues who were involved are no longer employed by CVS Health," Mike DeAngelis, a spokesman for CVS...Read more
You know something is deeply wrong with a corporate transaction when the company's defense boils down to: "We're not crooked, just stupid."
That's the case with the big drug company Novartis and its $1.2-million contract with President Trump's former self-described fixer, Michael Cohen. The Switzerland-based company has confessed that it "made ...Read more
Netflix attracted fewer new subscribers than expected for the second quarter, causing shares of the streaming entertainment giant to tumble as much as 14 percent in after-hours trading Monday.
The Los Gatos, Calif., company said it ended the quarter with 130.1 million subscribers worldwide, falling short of analysts' expectations of 130.8 ...Read more
United Airlines is buying 29 new aircraft from jetmakers Boeing and Embraer, the airline said Monday.
Most of the new airplanes are Embraer E-175s, which carry 76 passengers, six more than the regional jets they are replacing. Each seat on the new Embraer E-175s is an inch wider and economy seats have an extra inch of pitch, the distance from ...Read more
Goodbye, Weinstein Co. Hello, Lantern Entertainment.
On Monday, the beleaguered studio wrecked by sexual assault allegations against its co-founder Harvey Weinstein completed the sale of its assets to Lantern Capital Partners, closing the book on the onetime indie film powerhouse.
Lantern paid $289 million for the assets, including Weinstein ...Read more
NEW YORK -- Kushner Cos. is being investigated in New York over allegations the real-estate company used disruptive construction projects to harass rent-regulated tenants so they'd move out of their apartments.
New York Governor Andrew Cuomo's Tenant Protection Unit opened the probe after residents of Austin Nichols House in Brooklyn accused ...Read more
A decade after the U.S. Air Force commissioned the next generation of GPS satellites, the first of these spacecraft is finally set to launch into orbit later this year.
As with other national security missions, a roughly 200-foot-tall rocket will blast the massive satellite to space, fulfilling a contract worth more than $80 million.
But as ...Read more
Sinclair Broadcast Group's proposed acquisition of Tribune Media for $3.9 billion will go to an administrative judge after Federal Communications Commission Chairman Ajit Pai said Monday he had "serious concerns" about how Sinclair planned to divest some of the TV stations to meet regulatory scrutiny.
Pai's statement is the first time the FCC, ...Read more
Widows and widowers who were shortchanged on Social Security benefits by an estimated $131.8 million won't get any of that money back, despite an Inspector General report calling for action.
Earlier this year, the administration's Office of the Inspector General issued an audit report that determined the Social Security Administration underpaid...Read more
Philanthropy is "coherent" when it is logical, well-organized, well-planned and sensible -- as well as easy to understand and articulate.
Over the years, I have helped dozens of families, foundations, businesses and family offices achieve coherence in their philanthropy. In the realm of family philanthropy, here are six key lessons. (In a ...Read more
SAN FRANCISCO -- A British cave diver involved in the rescue of 12 Thai soccer players and their coach said he would consider taking legal action against Elon Musk after the Tesla Inc. and SpaceX chief executive suggested on Twitter that the diver was a pedophile.
On Monday, Vernon Unsworth told the Guardian that he was "astonished and very ...Read more
College debt is building and, increasingly, parents are on the hook.
Where do you turn when you've maxed out on federal student loans? Ask Mom and Dad to take out some parent loans, too.
The average cumulative federal student loan debt that parents borrow even exceeds what's being taken on by students, according to new research.
On average, ...Read more
LOS ANGELES -- The Elon Musk story took a bizarre turn Sunday morning, as the world famous entrepreneur took to Twitter to suggest a critic of his submarine rescue plan is a pedophile.
Musk's tweet was directed at British cave diver Vern Unsworth, who had participated in the rescue of 12 Thai children and their soccer coach from a water-filled ...Read more
LOS ANGELES -- Dwayne Johnson's burly action hero was no match for a computer-animated Count Dracula at the box office this weekend.
Sony's "Hotel Transylvania 3: Summer Vacation" debuted in first place with $44.1 million, according to figures from measurement firm ComScore.
The latest in the animated "Hotel Transylvania" series, the cartoon ...Read more
HELSINKI -- On the eve of his meeting with Russian President Vladimir Putin, President Donald Trump Sunday described the European Union as a trading "foe," further unnerving some of America's closest partners after disruptive visits to NATO headquarters and the United Kingdom.
Trump has not said what he hopes to gain from four hours of ...Read more
WASHINGTON –– President Donald Trump said the European Union is a "foe" of the U.S. in an interview after a contentious meeting last week with NATO allies.
Asked to name the U.S.'s "biggest foe globally" in an interview conducted Saturday and aired Sunday on CBS, Trump turned first to the EU, saying, "We have a lot of foes."
"I think the ...Read more
CHICAGO –– Mike Lord remembers treating the Sears at Six Corners as a neighborhood hangout when he was a kid.
When his parents pushed to turn off the TV and get outside, he would sneak over to the store's TV department to watch Cubs games.
"It was my babysitter when I couldn't get friends together to play ball," said Lord, 59, who was ...Read more
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