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.

Taco Bell removing Naked Chicken Chalupa from menus soon

Leave it to Taco Bell to launch a buzz-worthy menu item, then rip it from the menu only a few weeks later....

The Latest: Judge: Higher fine wouldn’t help Takata victims

CaptionCloseDETROIT (AP) — The Latest on Takata's guilty plea in an investigation of dangerous air bag inflators (all times local):___5:30 p.m.A federal judge in...

Takata pleads guilty to deadly air bag scheme, will pay $1 billion

Japanese auto parts maker Takata Corp. pleaded guilty to fraud Monday and agreed to pay $1 billion in penalties for concealing an air bag...

SpaceX to fly 2 private citizens to the moon & beyond, Elon Musk announces

Hawthorne-based SpaceX will be the first private company to fly people to the moon and into deep space next year, CEO Elon Musk announced...

Coming to Charlotte’s North End: Up to 1,500 new apartments, 1.5 million square feet...

Plans filed recently with the city of Charlotte give a window into how a New York-based developer intends to redevelop a historic warehouse and...

Profit dips at IBC Bank’s parent

CaptionCloseLaredo-based International Bancshares Corp. on Monday blamed a slight decline in net interest margin for a dip in its bottom line last year.Net interest...

Here’s how much Charlotte Douglas International Airport is worth to this region

It was an event that showed just how closely Charlotte’s economic fortunes are tied to the city’s airport: Top local leaders gathered with balloons...

Plaintiffs: 5 automakers knew Takata air bags were dangerous

Plaintiffs in dozens of lawsuits against air bag maker Takata and five automakers allege the car companies knew that Takata’s products were dangerous yet...

DNAinfo axes at least five NYC editors and reporters

DNAinfo, the hyperlocal news website founded by billionaire John “Joe” Ricketts, is laying off at least five people in its New York City office.The...

Deutsche Bank slashes bonus pool by as much as 80 percent

Deutsche Bank has slashed its bonus pool by as much as 80 percent amid huge legal bills and major settlements that have sapped funds,...

CST Brands’ profits fell 28% during fourth quarter

CaptionCloseCST Brands Inc.’s profits tumbled 28 percent in the fourth quarter as it nears the completion of a merger with the Canadian parent company...

Report warns of state money fallout from law repeal

CaptionCloseWASHINGTON — A sobering report to governors about the potential consequences of repealing the Obama-era health care law warns that federal spending cuts probably...

BMO sees bond sell-off as outlook for Canada’s economy shifts | Toronto Star

Investors should brace for a sell-off in Canadian bonds because the country’s economy is doing better than most people think, according to BMO Capital...

Loyalty-program industry finds itself under a cloud | Toronto Star

MONTREAL—The value of customer loyalty programs is under increased scrutiny by companies and users in the wake of Air Miles’ recent reversal of an...

IRS criminal cases fall by 12 percent as more agents leave

Sending tax cheats to prison has become increasingly difficult for the Internal Revenue Service amid an exodus of staffers...

Alliance Data to hire 150 this year

CaptionCloseColumbus, Ohio-based Alliance Data will hire 150 customer service representatives for its credit card services center in San Antonio this year, the company announced...

Wilbur Ross, key player in NAFTA negotiations, set to be confirmed as Commerce secretary

Wilbur Ross, the billionaire investor who will play a leading role in President Trump’s revamping of the North American Free Trade Agreement, is expected Monday...