Business News

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December 07, 2017 - 4:49 pm
(NEW YORK) -- After a few days of losses, Wall Street bounced back on Thursday as all three major indices finished in positive territory. The Dow Jones Industrial Average gained 70.57, closing at 23,211.48. The Nasdaq climbed half a percent, ending the session at 6,812.84, while the S&P 500...
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Photo by Michele Tantussi/Getty Images
December 07, 2017 - 4:03 pm
(BOSTON) -- General Electric Power announced plans to cut approximately 12,000 jobs on Thursday, citing lower demands for coal and fossil fuel. In a press release, GE said the layoffs would affect both professional and production employees. The move is part of an effort to "reach its announced...
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ABC News
December 07, 2017 - 11:07 am
(LEAVENWORTH, Kansas) -- Christmas is just a few weeks away, but for two tiny towns in Kansas, workers have been preparing for the holiday like busy Santa elves all year. At the two Hallmark plants in Leavenworth and Lawrence, 1,100 workers are responsible for dreaming up -- and then packing up --...
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JaysonPhotography/iStock/Thinkstock
December 06, 2017 - 4:37 pm
(NEW YORK) -- Stocks lost steam following a mid-session rally as Wall Street got encouraging news ahead of the government jobs report this Friday. The Dow Jones Industrial Average fell again, dropping 39.73 to a close of 23,140.91. The Nasdaq climbed 14.17, finishing the day at 6,776.38, while the...
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December 06, 2017 - 9:17 am
(NEW YORK) -- Looking forward to taking some time off for the holidays? Yeah, neither are a lot of people. A new survey from the staffing firm Robert Half reports that American workers aren't taking it too easy, even as the holidays approach. The poll of more than a thousand workers report just 18...
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December 06, 2017 - 9:06 am
(NEW YORK) – Pizza and beer go together like, well, pizza and beer. Pizza Hut clearly realized that: The delivery giant is testing a service that will deliver beer with your pie. Customers in Phoenix, Arizona, will be able to purchase six-packs of Budweiser, Bud Light, Shock Top and a local craft...
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ABC News
December 05, 2017 - 5:37 pm
(PHILADELPHIA) -- A homeless man who received more than $397,000 through crowdfunding after giving a stranded woman his last $20 to pay for gas now has a place to call home. Marine Corps veteran Johnny Bobbitt, 34, wrote on the GoFundMe campaign created by the woman he helped, Kate McClure, that he...
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iStock/Thinkstock
December 05, 2017 - 4:52 pm
(NEW YORK) -- Despite an earlier tech rally, U.S. stocks closed mostly lower on Tuesday. The Dow Jones Industrial Average sunk 109.41 (-0.45 percent) to finish at 24,180.64. The Nasdaq dipped 13.15 (-0.19 percent) to close at 6,762.21, while the S&P 500 finished at 2,629.57, down 9.87 (-0.37...
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