Business

CEO surprises employees with pay increase to $70,000

September 25, 2019 6:53pm CDT

A credit card payment processing company cut the ribbon on its new office space in Idaho with a surprise raise for its employees.

Landry's signs agreement to acquire Del Frisco's Double Eagle Steakhouses & Del Frisco's Grilles

September 25, 2019 8:14am CDT

Tilman Fertitta announced Wednesday that Landry’s Inc. has signed a definitive agreement to acquire 100 percent of Del Frisco’s Double Eagle Steakhouses and Del Frisco’s Grilles from L Catterton for an undisclosed price.

Juul CEO steps down, company suspends advertising amid vaping-related illnesses and deaths

September 25, 2019 8:06am CDT

Juul Labs CEO Kevin Burns announced Wednesday that he is stepping down, while the e-cigarette company also announced that it will stop all print, digital and broadcast advertising in the U.S., effective immediately.

Apple keeps Mac Pro assembly in Texas after tariff relief

September 24, 2019 6:18am CDT

Apple will continue manufacturing its Mac Pro computers in Texas after the Trump administration approved its request to waive tariffs on certain parts imported from China.

Walmart to stop selling e-cigarettes amid vaping-related illnesses and deaths

September 20, 2019 1:47pm CDT

Walmart will stop selling e-cigarettes at its U.S. locations amid growing “regulatory complexity” and “uncertainty” regarding the products that have recently come under scrutiny, according to a company memo.

SeaWorld CEO resigns after less than a year on the job

September 17, 2019 6:40am CDT

The CEO of SeaWorld Entertainment is stepping down just months into the job.

SEIU Union to march to United Airlines headquarters to ask for increase in pay

September 11, 2019 11:03pm CDT

This Friday after the Democratic debate at Texas Southern University, the SEIU Union will take to the streets of Houston.

GameStop reportedly closing up to 200 more stores worldwide following global sales decline

September 11, 2019 8:27pm CDT

Following a poor fiscal year, Gamestop’s Chief Financial Officer Jim Bell announced at an earnings call that the video game distributor is planning to shut down between 180 and 200 stores globally.

Ariana Grande is suing Forever 21 for allegedly using a look-alike model in ads

September 3, 2019 8:01pm CDT

Ariana Grande is suing fashion retailer Forever 21 for allegedly using a look-alike model after Grande reportedly turned down a potential collaboration because the company allegedly refused to pay “the fair market value for a celebrity of Ms. Grande’s stature.”

Amazon: Facial recognition program for cops detects emotion; privacy advocates concerned

August 18, 2019 7:09pm CDT

Amazon has announced its facial recognition program used by one Washington state police agency can now detect emotion, generating concerns from privacy advocates.

Chase Bank forgives all outstanding credit card debt for Canadian customers

August 14, 2019 8:02pm CDT

Canadians who owed money on their credit cards with Chase Bank have a little less debt on their plate after the company recently forgave all outstanding balances as it exited the Canadian credit card market.