Business News

98-year-old has been selling Girl Scout Cookies since 1932 with no signs of stopping

98-year-old has been selling Girl Scout Cookies since 1932 with no signs of stopping

WPVI-TV(Wernersville, Pa.) — A woman in Pennsylvania has been selling Girl Scout Cookies each and every year since the Great Depression when Herbert Hoover, the 31st president of the United States, was in office and, at 98-years-old, she shows absolutely no signs of stopping anytime soon.Ronnie Backenstoe of Wernersville, Pennsylvania, was born in 1922 and…

Chinese e-commerce giant creates 35,000 jobs for those displaced by coronavirus

Chinese e-commerce giant creates 35,000 jobs for those displaced by coronavirus

Robert Wei/iStock(BEIJING) — Chinese e-commerce giant JD.com and its partner, Dada Group, announced they’re creating 35,000 jobs for those unable to work due to the coronavirus outbreak in the country.”The move aims to minimize the impact of the epidemic on employment in the short term, and to help tide small and medium enterprises over during…

Tesla on autopilot had steered driver towards same barrier before fatal crash, NTSB says

Tesla on autopilot had steered driver towards same barrier before fatal crash, NTSB says

jetcityimage/iStock(WASHINGTON) — The driver who died after his Tesla crashed into a highway barrier while using autopilot had previously complained about the system aiming him towards the same barrier, according to newly released documents from the National Transportation Safety Board.The March 2018 crash killed an Apple engineer who was on his way to work near…

Serena Williams on the inspiration behind her sustainable S by Serena collection

Serena Williams on the inspiration behind her sustainable S by Serena collection

Joe Faraoni / ESPN Images(NEW YORK)– After a successful initial launch in 2019, Serena Williams is back with another exciting fashion collection.On Wednesday, the tennis star unveiled her second S by Serena Spring 2020 line with a variety of fresh new pieces in a “see now buy now” format which was different from last year’s…

American Airlines extends flight suspensions to Hong Kong and mainland China amidst coronavirus

American Airlines extends flight suspensions to Hong Kong and mainland China amidst coronavirus

400tmax/iStock(NEW YORK) — American Airlines extended its flight suspensions to mainland China and Hong Kong through late April, citing “reduction in demand,” the company announced Tuesday.”We will continue to evaluate this schedule and make any adjustments as necessary,” American said in a statement.Other U.S. carriers have similarly suspended flights to China as the coronavirus outbreak…

Judge approves controversial merger of T-Mobile and Sprint

Judge approves controversial merger of T-Mobile and Sprint

sx70/iStock(NEW YORK) — A federal judge in New York has approved the merger of T-Mobile and Sprint in a controversial decision Tuesday, siding with the telecom giants over a coalition of state attorney generals who were suing to block two of the largest wireless carriers in the U.S. from combining.The lawsuit from 14 state attorneys…

DOJ announces four Chinese military officers indicted in Equifax hack

DOJ announces four Chinese military officers indicted in Equifax hack

Federal Bureau of Investigation(WASHINGTON) — The Justice Department on Monday announced that four Chinese military officers have been indicted with hacking the credit company Equifax in 2017.The breach compromised the personal information of some 150 million Americans, one of the largest data breaches in history, officials said. “It came to light in the summer of…

E-cigarettes highlight the challenges of dealing with plastic waste

E-cigarettes highlight the challenges of dealing with plastic waste

KY/iStock(NEW YORK) — E-cigarettes and vapes have made the headlines amid national concerns about nicotine addiction among young people and health problems linked to black-market products. But among environmental advocates, the increasingly popular products pose another challenge — how to get rid of them after they’re used.E-cigarettes and pods for e-cigarettes or vapes can be…

Soul food restaurant serves ‘shoebox lunches’ with black history facts

Soul food restaurant serves ‘shoebox lunches’ with black history facts

mphillips007/iStock(DETROIT) — One restaurant is serving more than soul food this Black History Month.Beans & Cornbread, located in Southfield, a suburb of Detroit, Michigan, has revived its popular “shoebox lunches” this February, that include facts about black history on the boxes.”I thought it would be nice to chronologize the stories of the past, of what…

Carmakers slowly resuming production in China despite coronavirus outbreak

Carmakers slowly resuming production in China despite coronavirus outbreak

iStock(NEW YORK) — A handful of international automakers with crucial production plants in China have announced they will be returning to work within the next few weeks, as the death toll and the number of new cases from the novel coronavirus continue to soar.General Motors said it expects to resume production in its China plants…

Tesla discloses that the SEC is looking into its ‘regular financing arrangements’

Tesla discloses that the SEC is looking into its ‘regular financing arrangements’

Andrei Stanescu/iStock Photo(WASHINGTON) — Tesla has been subpoenaed by the U.S. Securities and Exchange Commission for financial information, the electriccar maker disclosed in a filing this week.The SEC issued a subpoena in December “seeking information concerning certain financial data and contracts including Tesla’s regular financing arrangements,” the company said.The reasons for the SEC inquiry remain…

Delta Airlines announces $1B pledge to go ‘carbon neutral’

Delta Airlines announces $1B pledge to go ‘carbon neutral’

Andrei Stanescu/iStock(NEW YORK) — Delta Airlines announced a $1 billion pledge to become “carbon neutral” and mitigate all emissions starting in March, as the airline industry faces increased pressure from environmental groups over its massive carbon footprint.”There’s no challenge we face that is in greater need of innovation than environmental sustainability, and we know there…

Gymboree relaunches in over 200 Children’s Place stores and online

Gymboree relaunches in over 200 Children’s Place stores and online

iStock/FabrikaCr(NEW YORK) — Nearly one year after closing, beloved children’s clothing brand Gymboree is back.The popular retail brand is relaunching under The Children’s Place after filing for bankruptcy for the second time in 2019.On Tuesday, both companies announced that Gymboree will be back in over 200 Children’s Place stores nationwide, in Canada and online through…

This airport is first to have coat check for travelers heading to warm destinations

This airport is first to have coat check for travelers heading to warm destinations

Vladimir Zapletin/iStock(MILWAUKEE) — The question here is not whether the new coat check at Milwaukee Mitchell International Airport is a good idea. The question is, how did it take this long to come up with it?The airport debuted the program just in time for the busy spring break travel season.Until now at Milwaukee Mitchell International…

US hits Huawei with racketeering, conspiracy to steal trade secrets charges

US hits Huawei with racketeering, conspiracy to steal trade secrets charges

WoodyAlec/iStock(NEW YORK) — Federal authorities hit Huawei with racketeering, conspiracy to steal trade secrets and a litany of other charges Thursday in the latest escalation of tensions between the U.S. and the Chinese telecom giant.The allegations announced by the Department of Justice range from misappropriating intellectual property from U.S. tech companies to bypassing sanctions to…