Business News

iStock/Thinkstock
December 10, 2017 - 10:39 am
(NEW YORK) -- Lego has won its first copyright case in China, according to the company. The Danish toymaker said the case was against two Chinese companies that manufactured products imitating Legos. This is the first time the Lego Group has filed and won an "anti-unfair competition case" in China...
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iStock/Thinkstock
December 09, 2017 - 5:55 pm
(JACKSON, N.J.) -- A Saturday showdown in New Jersey touted as the world’s largest snowball fight was abandoned after a Nor’easter dumped around 6-inches of snow. Six Flags Great Adventure in Jackson, New Jersey teaming up with the Hallmark Channel set up the late morning cost-free rumble on Dec. 9...
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iStock/Thinkstock
December 09, 2017 - 3:10 pm
(NEW YORK) -- The world's largest music streaming service and one of the most popular social platforms in China are investing in each other. Spotify and China's Tencent Music Entertainment (TME) are expected to buy minority stakes in one another in cash, though the value of the deal and the...
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Starbucks
December 07, 2017 - 6:22 pm
(NEW YORK) -- For a limited time, Starbucks is offering a holiday-themed Christmas Tree Frappuccino. The coffee chain describes the drink as being "mocha and peppermint...blended with milk and ice, topped with a festive tree made of matcha infused whipped cream, a caramel drizzle an candied...
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JaysonPhotography/iStock/Thinkstock
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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