Business Headlines

  • AP source: Mets sign C Wilson Ramos to 2-year deal

    A person familiar with the negotiations says the New York Mets have agreed to a $19.5 million, two-year deal with free agent catcher Wilson Ramos. The deal likely signals an end to the Mets' pursuit of Marlins catcher J.T. Realmuto. Instead, New York will turn to a two-time All-Star in

    ABC News
  • Time goes on a hiring spree under Marc Benioff's ownership

    Time is beefing up its newsroom. The company posted 25 job openings, including 20 for editorial roles, last week. A spokesperson said more will soon follow for roles in technology, sales and marketing. The hiring spree comes after Salesforce CEO Marc Benioff and his wife Lynne announced in September that they were purchasing the magazine for $190 million from Meredith Corp. Editor-in-chief Edward Felsenthal told CNN's Brian Stelter on "Reliable Sources" Sunday that the Benioffs were attracted to...

    WPLG
  • Democrats no longer united on how to save Obamacare

    The decision by a federal judge in Texas to side with Republicans to strike down Obamacare has opened up a new front in the long political fight over the transformative health care law. While Democrats across ideological lines are in lockstep opposition to GOP efforts to unwind Obamacare, the Friday ruling also highlighted deep-seated policy rifts over what comes next. The internal debate over health care lies at the center of a broader argument between the Democratic establishment and its...

    WPLG
  • Renault said to demand Nissan shareholder meeting amid crisis over Carlos Ghosn's arrest

    Renault's top executive has written a letter to Nissan urging a shareholder meeting, The Wall Street Journal reported on Sunday, citing the arrest of Carlos Ghosn in Tokyo last month as a "significant risk" to the car makers' partnership.

    CNBC
  • Colin Kroll, co-founder of HQ Trivia and Vine, found dead

    Colin Kroll, co-founder and CEO of the hit gaming app HQ Trivia, was found dead Sunday morning in New York. He was 34 years old. "We learned today of the passing of our friend and founder, Colin Kroll, and it's with deep sadness that we say goodbye," a spokesperson for HQ said in an emailed statement. "Our thoughts go out to his family, friends and loved ones during this incredibly difficult time." Police found Kroll in the bedroom of his New York apartment unconscious and unresponsive after...

    WPLG
  • Kushner-linked firm targets richer areas in program for poor

    A real estate investment firm co-founded by President Donald Trump's son-in-law and adviser, Jared Kushner, is betting big on the administration's Opportunity Zone tax breaks but isn't that interested in steering its investors to the poorest, most-downtrodden areas that the program seeks to

    ABC News
  • Colin Kroll, co-founder of HQ Trivia, found dead

    Colin Kroll, a tech executive who co-founded the HQ Trivia app, has died. He was 35. The New York Police Department says officers went to Kroll's Manhattan apartment early Sunday after getting a call asking for a wellness check on him. They found him unconscious and unresponsive on his

    ABC News
  • The global stock market sell-off was 'not an isolated event' — expect more sharp falls next year

    The latest wave of heavy selling in financial markets offers a clear sign of things to come, according to a new report from the BIS.

    CNBC
  • Explosion near pub in Sapporo, Japan injures dozens

    An explosion near a pub in the northern Japanese city of Sapporo on Sunday night injured at least 42 people, including one critically, said Hokkaido Police public relations officer Ryohei Kashihara. A subsequent fire caused one building to collapse. Residents reported smelling gas after the explosion and seeing broken windows in the area, public service broadcaster NHK reported. The cause of the explosion, which occurred around 8:30 p.m. local time, is unknown, and emergency services continue to...

    WPLG
  • Hungary sees another day of anti-government protests

    Several thousand protesters have marched peacefully through Budapest for a fourth day to oppose laws introduced by the Hungarian government that critics say will restrict workers' rights. The protesters chanted anti-government slogans and braved sub-zero temperatures while gathered on

    ABC News
  • At last, divestment is hitting the fossil fuel industry where it hurts

    Trillions of dollars of investments are being taken out of carbon-intensive companies. Governments must now take notice I remember well the first institution to announce it was divesting from fossil fuel. It was 2012 and I was on the second week of a gruelling tour across the US trying to spark a movement. Our roadshow had been playing to packed houses down the west coast, and we’d crossed the continent to Portland, Maine. As a raucous crowd jammed the biggest theatre in town, a physicist named...

    the Guardian
  • Collins says Texas court ruling on ACA 'will be overturned on appeal'

    Maine Republican Sen. Susan Collins predicted Sunday that a Texas judge's decision striking down Obamacare would likely be overturned. "I think this will be overturned on appeal," Collins said Sunday on CNN's "State of the Union." She added, "There's no reason why the individual mandate provision can't be struck down and keep all the good provisions of the Affordable Care Act." She pointed to the bill's protections for pre-existing conditions, mandated benefits for substance abuse and mental...

    WPLG
  • Jaguar Land Rover to 'axe up to 5,000 jobs'

    Analysts say carmaker will outline job cuts in new year as part of drive to combat Brexit and falling sales Jaguar Land Rover is planning to announce thousands of job cuts in the new year as part of a £2.5bn savings plan to ward off the threat from Brexit, falling sales in China and a drop in demand for diesel cars. Britain’s biggest carmaker employs 40,000 in the UK and has already cut 1,000 temporary contract workers at its plant in Solihull, which builds Range Rovers and the Land Rover...

    the Guardian
  • US Air Force set to launch 1st next-generation GPS satellite

    After months of delays, the U.S. Air Force is about to launch the first of a new generation of GPS satellites, designed to be more accurate, secure and versatile. But some of their most highly touted features will not be fully available until 2022 or later because of problems in a companion

    ABC News
  • Higher percentage of California pot passing safety tests

    A higher percentage of California marijuana products are passing strict safety tests, but the sudden closing of a lab that state authorities found wasn't correctly checking for pesticides has raised new questions about the system intended to protect the purity and potency of legal cannabis.

    ABC News
  • Higher percentage of California pot passing safety tests

    California marijuana producers are seeing a higher percentage of buds, oils and other products clear strict safety tests. Testing started in July saw about a 20 percent failure rate after the first two months. Now it's down to 14 percent. State and industry officials say that shows

    ABC News
  • Former Navy SEAL: Attack your Monday with these 2 simple strategies

    If you're feeling anxious, "just reverse that mindset," says former Navy SEAL Jocko Willink.

    CNBC
  • Quebecers critical of Alberta oil but buying more gasoline, SUVs, bigger homes: report

    Quebec's premier is quick to reject "dirty'' oil from Western Canada in favour of hydro power, but new data indicate the province's citizens are buying record amounts of gasoline.

    Global News
  • Google CEO Sundar Pichai had a tough and terrible year — but it was still better than Facebook's

    But as Pichai dodged questions in front of Congress on Tuesday, the spectacle felt emblematic of his and the company's tough year.

    CNBC
  • Pass it on: CVS CEO says the learning should never stop

    Larry Merlo has learned a few things during nearly eight years as CEO of one of the nation's biggest drugstore chains — including that you shouldn't ever stop learning. CVS Health Corp. is polishing off a $69-billion acquisition of the health insurer Aetna. The company, which also manages

    ABC News
  • Rocket Lab launches first satellites for NASA in 'perfect' third mission this year

    Rocket Lab is set to launch its third rocket this year, the company's first mission for NASA.

    CNBC
  • Insider Q&A: CVS Health CEO seeks bigger role in your care

    CVS Health CEO Larry Merlo wants customers to think about more than prescriptions and shampoo when they visit his company's drugstores. He expects the stores to become health care pit stops, especially for patients with chronic conditions like diabetes. Vision, hearing and blood sugar

    ABC News
  • Top Harvard economist Roland Fryer faces reports of sexual harassment

    One of the latest men to get ensnared in the #MeToo movement is an economics professor at Harvard.

    CNBC
  • Toyota struggles to save breakthrough Prius hybrid

    As an updated 2019 version of the Prius gets ready to roll into U.S. showrooms, Toyota is facing a difficult situation. Sales of the Prius have been tumbling for several years and were down 23.2 percent for the first 11 months of 2018.

    CNBC