Business

Explore the dynamic world of commerce and finance in our Business category. Stay informed about market trends, economic shifts, and corporate strategies. From startups to conglomerates, delve into insightful analyses, interviews with industry leaders, and comprehensive coverage of business innovations driving global markets.

N.J. may soon tax, regulate Airbnb, online rentals

TRENTON -- Online marketplaces such as Airbnb that offer short-term housing rentals would face new taxes and regulations in New Jersey...

Takata pleads guilty in air bag scandal, agrees to pay $1B

DETROIT -- Japanese auto parts maker Takata Corp. pleaded guilty to fraud Monday and agreed to pay $1 billion...

Hudson County credit union appoints new president, CEO

Maria Solorzano has been named the president and CEO of Liberty Savings Federal Credit Union. Courtesy of LSFCU  Liberty...

SeaWorld misses analysts’ expectations, losing nearly $12 million in fourth quarter

CaptionCloseSeaWorld Entertainment Inc. saw attendance and profit generated from its 12 parks dip in the fourth quarter, the company said Tuesday.The Orlando-based theme park...

Mercury Insurance offers ride-hailing insurance in Texas

CaptionCloseMercury Insurance announced Tuesday it is now offering ride-hailing insurance for transportation-network company drivers in Texas.Mercury said in a statement its coverage will fill...

Stocks open lower on Wall Street; Target shares plunge

Banks and other financial companies are leading a modest decline in early trading on Wall Street.The Dow Jones industrial average is coming off its...

Uber exec forced to resign after company finds sexual harassment claim in his past

Sign up for one of our email newsletters.Updated 12 hours ago NEW YORK — A top engineering executive at Uber, Amit Singhal, is...

US economy grew at weak 1.9 percent rate in 4th quarter

CaptionCloseWASHINGTON (AP) — The U.S. economy grew at an anemic 1.9 percent rate in the fourth quarter, unchanged from an initial estimate, although consumers...

People on the move 03/01

Submit professional appointments, management-level promotions and significant awards for individuals (not companies), along with photos as a .jpg attachment, via email to peopleonmove@orlandosentinel.com....

USAA strikes licensing deal with California firm

CaptionCloseSan Antonio’s USAA has entered into an agreement to license the development rights to some of its patented security technology used in financial transactions.Terms...

Starbucks CEO says it's ready to enter Italy after 35 years 

Starbucks Chief Executive Howard Schultz's vision for the chain was largely inspired by the coffee bars he saw on his first trip to Milan...

Gas prices expected to rise through May, AAA says

Gas prices are expected to rise steadily through Memorial Day, according to AAA.During the last five years, the annual refinery maintenance season has seen prices...

Former executive alleges racial discrimination at Lowe’s

Lowe’s faces a racial discrimination lawsuit from a former African-American executive who says he was wrongfully terminated from the Mooresville-based company.The home improvement retailer...

Biz Brain: The perils of helping family with money

Q. My brother is always is money trouble and he asks me for help. He never pays me back....

Uber executive leaves after failing to disclose sex harassment allegation

A top engineering executive at Uber, Amit Singhal, is out five weeks after his hire was announced. According to a report in the tech...

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