WASHINGTON -- President Donald Trump wants to sharply reduce the tax rate for all businesses -- from multinational corporations to mom-and-pop shops -- to 15 percent in the "biggest tax cut" in U.S. history, Treasury Secretary Steven T. Mnuchin said Wednesday.
But the Trump administration has not embraced a House Republican proposal to include ...Read more
SAN FRANCISCO -- Twitter on Wednesday reported its first revenue decline since going public in 2013, a sign the tech firm still faces an uphill battle to attract advertisers even as it lures in more users.
Twitter executives, pointing to the company's bump in users, said it's making progress.
"This past quarter is giving us a lot of confidence...Read more
DETROIT -- Fiat Chrysler Automobiles said Wednesday it earned a profit of $698.2 million (641 million euro) during the first quarter, a 34 percent gain compared with the same period a year ago, driven primarily by profits in Europe and gains by its Maserati brand.
The earnings are a record best for the company, which was formed from the merger ...Read more
LOS ANGELES -- Ready or not, Hollywood may be thrust into another writers' strike in less than a week.
A decade after the previous walkout that lasted 100 days, film and TV executives are once again bracing for a strike that could roil the business and Los Angeles' bedrock entertainment industry. The ripple effect of a walkout is expected to ...Read more
CHICAGO -- Starbucks plans to open a four-level Roastery flagship on Chicago's Michigan Avenue, its largest space yet for the high-end concept that the coffee giant is rolling out around the world.
Executive Chairman Howard Schultz said the company plans to bring its Starbucks Reserve Roastery showplace to the current Crate & Barrel building at...Read more
Q: When my apartment building added free Wi-Fi, I bought my first wireless device, a Kindle Fire tablet computer (my PC has a wired internet connection.) But I wonder what security software I should use on the tablet, and how concerned I should be that the building Wi-Fi network is very public -- I don't even need a password to sign in. Should I...Read more
The spinning wheel of death. That's how I refer to one of the most annoying complications associated with streaming TV: buffering.
The problem is scary enough to keep you glued to your cable TV provider, and rightfully so. After all, if you love TV, you're not going to want to tolerate slow program load times or all-out freezes.
Thankfully, ...Read more
The technology-heavy Nasdaq composite index closed above 6,000 for the first time Tuesday as part of a broad rally in stocks being driven by a bullish outlook for U.S. corporate growth.
The Nasdaq index crossed the milestone 17 years after it first reached 5,000 during the height of the dot-com era, a market bubble that would burst when the ...Read more
He is Coming Soon: A Look at Our World TodayDell Watson
In today's society there are so many people plagued by the sinful things of this world, and there are individuals who hunger for the truth. Equally, there are those looking for comfort in their lives. Dell Watson's, He's Coming Soon, satisfies that hunger, and bestows that comfort with his ...
SAN DIEGO -- Now that Comic-Con attendees have survived the competition for getting a badge to the July convention, the next hurdle is nabbing a coveted hotel reservation.
Starting Wednesday morning, attendees can access a website for booking a room at one of more than 55 hotels that are part of a special convention room block that offers firm ...Read more
SAN JOSE, Calif. -- Uber plans to demo its first "flying cars" in U.S. cities by 2020, the ride-hailing company said Tuesday, moving one step closer to a future where workers take to the air for their daily commutes.
The first places to get a glimpse of the futuristic vehicles will be the Dallas-Fort Worth area and Dubai in the United Arab ...Read more
BALTIMORE -- T. Rowe Price Group Inc. reported a profit of $385.9 million in the first three months of the year, up 27 percent from the January-through-March period last year.
Earnings per share at the Baltimore-based investment management company rose to $1.54, up 36 cents compared to the first quarter of 2016.
The results were buoyed by a $...Read more
CHICAGO -- McDonald's said new food offerings and cheap drinks drove its first-quarter earnings growth but it believes technology in the form of delivery, mobile ordering and in-store kiosks are the keys to winning back lost customers.
The world's largest burger chain, headquartered in suburban Chicago, said its delivery partnership with ...Read more
WASHINGTON -- The Trump administration is slapping hefty duties on billions of dollars of lumber imported from Canada, marking an escalation of trade tensions ahead of the president's promised effort to overhaul the North American Free Trade Agreement.
The U.S. softwood lumber industry has long complained that competing imports from Canada are ...Read more
All Wells Fargo & Co. board members were re-elected Tuesday at the company's annual meeting, though with markedly lower support than in previous years.
At least one member scraped by with 53 percent of the vote. Other than the board's two newest members, no one received more than 81 percent of the vote, Chairman Stephen Sanger said.
At least ...Read more
OTTAWA, Ontario -- Justin Trudeau has always played nice with Donald Trump. The refugee-hugging liberal bit his tongue, flooded Washington with envoys, feted Ivanka Trump on Broadway and relentlessly talked up Canada-U.S. ties.
It hasn't worked.
On Monday, Trump teed off a fresh trade war by slapping tariffs of up to 24 percent on Canadian ...Read more
ATLANTA -- Coca-Cola said Tuesday it will be eliminating 1,200 corporate jobs later this year as part of an expanded cost-cutting program.
Coca-Cola President James Quincey, who is set to take over as chief executive of the Atlanta company on May 1, announced the job cuts during the company's first-quarter earnings call with investors.
No ...Read more
CHICAGO -- A Chicago aviation police officer said "minimal but necessary force" was employed to remove Dr. David Dao from a United Airlines flight after he reacted aggressively when asked to get off the plane, according to records released Monday by the city.
The incident reports provide additional detail into the April 9 incident at O'Hare ...Read more
VALENCIA, Venezuela -- The assembly lines stopped whirling years ago. Now weeds blanket the factory grounds.
Like so much in this country destabilized by political and economic turmoil, the General Motors plant here in one of Venezuela's largest cities no longer functions. It stopped producing cars in late 2015.
What caused the stoppage is a ...Read more
SAN JOSE, Calif. -- While most Silicon Valley tech startups were shying away from the public market last year and analysts were sounding alarm bells over the worrisome lack of IPOs, San Jose-based Nutanix was one of the few companies that took the plunge.
The enterprise cloud company in September priced the biggest U.S.-based tech IPO of 2016, ...Read more
CHICAGO -- It may be too late for shuttered Corinthian Colleges, ITT Technical Institute or even Trump University, but Wall Street is betting the potential rollback of Obama-era initiatives to hold for-profit colleges accountable may lead to a resurgence of the beleaguered industry.
Rebounding from what some analysts saw as an existential ...Read more
- All Wells Fargo board members re-elected at shareholder meeting
- Tech Q&A: How safe is it to use a tablet on a public Wi-Fi?
- Wells Fargo ups sham-account settlement to $142 million, making more customers eligible
- McDonald's new Big Macs fueled growth, but it's banking on tech to bring back lost customers
- Coca-Cola says it will begin cutting 1,200 jobs later this year