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'Robocalls are a scourge.' Phone companies pledge to combat them in deal with states

Business / Business News /

WASHINGTON -- The average American has received more than 100 robocalls already this year: annoying and unwanted calls, scammers looking to exploit vulnerable populations, and all manner of alerts -- some important and others simply fake.

Twelve of the nation's largest phone companies, including AT&T, Sprint, T-Mobile, Verizon, Charter and ...Read more

Uber faces another sexual harassment lawsuit from female engineer

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A former Uber software engineer is suing the company, saying it fired her after she reported sexual harassment and discrimination.

In a lawsuit filed this week in San Francisco County Superior Court, Yingnan Li claims she was subjected to harassment, was denied equal pay and a promotion, and eventually was terminated after complaining about her...Read more

Apple looking to new iPhones to spur upcoming holiday sales: report

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Apple may be putting more emphasis on services such as Apple Music and its upcoming Apple TV+ streaming television offering, but that doesn't mean the tech giant is giving up on its iconic products in any way.

As an example of that, Apple is expected to hold an event in September in which it will unveil not only new models of the iPhone, but ...Read more

Amazon is harnessing the 'strange and remarkable' growth of independent sellers with new tools, investments

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While Amazon first opened its selling apparatus to independent businesses in 1999, the company's courtship of and reliance upon them has gained a new prominence this year, most recently with a suite of tools, services and investments detailed Thursday.

Jeff Bezos began his tone-setting annual letter to shareholders in April by describing the ...Read more

Is Trump relying on American consumers to save the economy from recession?

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WASHINGTON -- As President Trump considers tax cuts to bolster a weakening economy and his reelection prospects, the financial wild card may be the American consumer.

Consumer spending of late has outperformed expectations, compensating for the softness in business investments, manufacturing and net exports due largely to Trump's trade war with...Read more

We tested popular cellphones for radiofrequency radiation. Now the FCC is investigating.

Business / Business News /

The Apple iPhone 7 was set to operate at full power and secured below a tub of clear liquid, specially formulated to simulate human tissue.

With the push of a button, a robotic arm swung into action, sending a pencil-thin probe dipping into the tub. For 18 minutes, it repeatedly measured the amount of radiofrequency radiation the liquid was ...Read more

Renters are being forced out of Philadelphia apartments to make way for tourists

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PHILADELPHIA -- Residents of the Lofts at 509 Vine apartments near Philadelphia's historic Old City are to be replaced with business travelers and tourists, as the property becomes the latest in the city to fall under the control of a new breed of tech-enabled startups that are converting residential real estate into visitor accommodations.

...Read more

'Super commuters' not slowing down in California. Lack of housing to blame

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The majority of Californians drive to work, but an increasing number face commutes well over an hour-long to reach jobs in larger cities. For now, at least, the rise of the super commuter is not slowing down, according to an analysis of census data by Apartment List.

In 2017, 41 out of 58 counties saw at least moderate growth in the share of ...Read more

Real estate Q&A: My great condo deal could now cost me a ton of money

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Q: I got a great deal on a condo that the seller had bought at a foreclosure sale and cleaned up. I used my savings and did not take a mortgage. Now I am concerned that I did not get such a great deal because the condo association is demanding a lot of money. To make matters worse, I just got a letter from a mortgage company demanding payment. ...Read more

As Trump presses trade war, farmers feel the squeeze

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Many Midwestern farmers decided last winter to plant soybeans in spring assuming that, by now, President Donald Trump's trade war with China would be over and China would be back to buying about a third of soybeans grown in the United States.

"At that time, trade negotiations were moving along, and it wasn't looking that bad," said John ...Read more

Urban Outfitters could increase prices a few dollars and 'no one would notice,' CEO says

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The only negatives Urban Outfitters, Inc., CEO Richard Hayne said he sees in front of the company are political ones.

"Trade wars and Brexit," he told analysts on a Tuesday conference call.

Philadelphia-based Urban Outfitters, the parent company of Urban Outfitters, Anthropologie, Free People, BHLDN, Terrain, and the new clothing subscription ...Read more

Consumer Confidential: CEOs say they care about customers and workers. Propaganda experts are unimpressed

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Kenneth Osgood studies propaganda. So he knew what he was seeing when business leaders announced this week that they don't just care about shareholders -- they care about customers, workers and society.

"I raised my eyebrows really high when I saw this," Osgood, a history professor at Colorado School of Mines, told me.

He said it instantly ...Read more

Kids are dying in hot cars at an alarming rate; safety agency tweets for awareness

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The numbers are sickening: 10 children dead in 20 days.

They were little girls and boys who died in hot cars just in the last few weeks, a growing crisis that's perplexing in part because experts say the deaths are both unintentional and preventable.

Some automakers have deployed technological solutions, but making them standard on all new ...Read more

$960 billion deficit expected this year, more than $1 trillion next

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WASHINGTON -- The Congressional Budget Office has upped its estimate of current and future deficits largely as a result of the two-year budget deal enacted last month, which the agency projects will add $1.7 trillion in red ink over 10 years.

That forecast assumes that the increased spending in fiscal 2020 and 2021 thanks to the higher caps ...Read more

Spider-Man is leaving the Marvel Cinematic Universe after Sony and Disney talks fall apart

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Spider-Man appears to have taken his last swing through Walt Disney Co.'s Marvel Cinematic Universe.

Kevin Feige, the president of Disney-owned Marvel Studios, will no longer produce the "Spider-Man" movies released by rival studio Sony Pictures after the two companies failed to come to a new agreement, according to three people familiar with ...Read more

Target posts another strong quarter with 3.4% rise in comparable sales

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MINNEAPOLIS -- Target's winning streak continued into the summer with the retailer posting a 3.4% jump in comparable sales and raising its profit outlook for the full year.

Traffic rose 2.4% in the second quarter, driven partially by a 34% increase in digital sales and its same-day delivery services through in-store and curbside pickup and ...Read more

Michigan steel plant warns it will lay off nearly 200 workers

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DETROIT -- The U.S. Steel operation in Ecorse, Mich., will temporarily lay off nearly 200 workers because of "market conditions and recent reductions in customer demand," the company said in a filing with Michigan state government.

The WARN Act filing said about 50 employees have been laid off since July and "further layoffs are likely to ...Read more

Florida health department workers say they could be fired for speaking Spanish

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Seven Puerto Rican workers from Central Florida said they were threatened with losing their jobs because they spoke Spanish inside their workplace, Channel 8 News reported.

The all-women group, consisting of five nurses, a secretary, and an administrative assistant who work in the Florida Health Department clinic in Haines City in Polk County, ...Read more

Once listed for $1 billion. Sold for $100,000. What just happened?

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LOS ANGELES -- A heated court battle, a last-second offer and a sparsely attended auction behind a fountain in Pomona -- this chapter of the famed Mountain of Beverly Hills ends not with a princely sum but a sale price more like that of a sports car.

Touted as the city's finest undeveloped piece of land, the 157-acre property redefined the ...Read more

Palantir's controversial ICE contract renewed

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A Palantir contract to provide technology to U.S. immigration authorities has been renewed for up to three years, according to a government document made public this week.

The Department of Homeland Security and U.S. Immigration and Customs Enforcement approved the renewal July 22, the document shows. How much the government is paying Palantir ...Read more