Category: Business

News in brief

Boeing plans to layoff hundreds of engineers this week SEATTLE (TNS) — Job cuts at Boeing keep on coming. The company told staff in a memo Monday that “hundreds of Engineering employees” in Washington state and other company...

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The Business News in Brief

7-Eleven adds 1,110 stores, tacos with $3.3B Sunoco deal DALLAS (TNS) — 7-Eleven is buying 1,110 convenience stores, mostly on the East Coast and in Texas, from Sunoco in a deal valued at $3.3 billion. The deal puts 7-Eleven in...

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Business News in Brief

Apple cuts prices on lower-end iPads, releases red iPhones NEW YORK (AP) — Apple is refreshing and cutting prices on two of its iPads, but held back on updating its higher-end tablets. A much-speculated 10.5-inch iPad didn’t...

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Business news in brief

US employers posted more jobs in January and quitting jumped WASHINGTON (AP) — Employers posted more open positions in January compared with December and the number of Americans quitting jumped, trends that could push up wages....

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Business News in Brief

Yahoo names top execs for post-Verizon company NEW YORK (AP) — Yahoo has named the top executives who will lead what’s left of the company after its digital services are sold to Verizon. Yahoo Inc. said in a regulatory filing on...

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Business News in Brief

Food delivery of the future? Robots bringing meals to DC WASHINGTON (AP) — Some hungry customers in the nation’s capital may be surprised to discover a robot is delivering their pastrami on rye. The delivery service Postmates is...

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Business News in Brief

Costco’s quarterly results fall short of Wall Street forecast SEATTLE (TNS) — Costco shares were falling Thursday afternoon after the warehouse giant fell short of Wall Street expectations for both sales and profits in its...

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Business News in Brief

American unveils prices, routes for new cheapest fare DALLAS (AP) — American Airlines has begun selling cheaper “basic economy” fares as it battles discount airlines for the most budget-conscious travelers....

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