Amazon founder and Chair Jeff Bezos will donate $200 million to the Smithsonian Institution to boost its Air and Space museum and fund a new education center.
Category Archives: business
More than 150 companies back update to Voting Rights Act
Major businesses like PepsiCo, Macy’s, Ikea and Nestlé USA signed on to a letter supporting the John Lewis Voting Rights Advancement Act.
Reopening of U.S.-Canada border may come too late for hundreds of businesses
The restrictions have devastated the economy of some remote border towns.
After shoplifting video goes viral, S.F. officials argue thefts aren't rampant
The city has been gripped by a perception of lawlessness after a string of videos featured people openly shoplifting, seemingly without repercussion.
'We all quit': Burger King staff leaves note to management on store sign
“Our franchisee is looking into this situation to ensure this doesn’t happen in the future,” a Burger King spokesperson said.
Investment firm TIAA to pay $97 million settlement for pushing customers into higher-fee accounts
Proceeds from the settlement with the N.Y. attorney general will go to investors across the U.S. who were fraudulently pushed into higher fee accounts.
After setting aside billions of dollars for loan defaults that never came, banks are seeing bumper profits
While banks were “a cause of the problem” during the last recession, they have been “a source of support for the economy” this time around, one analyst said.
Prices climb for third straight month, hitting 5.4 percent year over year
The inflation index is on the increase, but what is it really measuring?
Car recalls can be a big inconvenience. Automakers are using technology to change that.
Only about 70 percent of owners affected by recalls typically get repairs completed.
Elon Musk testifies to defend Tesla's $2.6 billion acquisition of SolarCity in shareholder lawsuit
If Musk loses, he could have to pay upwards of $2 billion.