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'Working rich' prevail among today's top earners

Feb 01, 2019 02:33 PM EST

Many blame idle millionaires for the rise in income inequality, but today's top earners are actually the "working rich," according to a new working paper co-authored by Princeton University.

Sears, Kmart closing more stores ahead of the holidays

Oct 03, 2018 05:15 PM EDT

Sears is quietly closing another round of stores ahead of the holidays, with some layoffs set to begin two days before Christmas.

eBay claims Amazon illegally poaching sellers

Oct 03, 2018 05:09 PM EDT

EBay Inc. is accusing Amazon.com Inc.’s sales reps of trying to poach sellers for its own marketplace through eBay’s messaging system.

What's the meaning of Amazon's decision to raise its minimum wage to $15 an hour

Oct 03, 2018 05:03 PM EDT

The bill has not been brought up in any committee or received any hearing. But Amazon's announcement Tuesday that the company would increase its minimum wage for all workers to $15 an hour means Sanders has already won.

Toys 'R' Us lenders cancel auction, plan brand revival

Oct 03, 2018 04:59 PM EDT

The same Toys "R" Us lenders that have been taking heat for their role in the decision to liquidate the company in March are now working on bringing the brand back to life, according to new court documents.

(VIDEO) It pays to be nice to your employees, new study shows

Sep 11, 2018 09:33 PM EDT

It pays to be nice to your employees, new study shows

National survey tells ocean and coastal recreation is big business

Sep 07, 2018 11:30 AM EDT

National survey tells ocean and coastal recreation is big business

Apple iPhone's Future In Question In US-China Trade Battle: Price May Rise Soon

Jul 27, 2018 02:47 PM EDT

Apple's most loved product: iPhone may soon see some serious drawbacks as it may fall as a victim of the trade battle between China and the United States.

Europe's Top Companies Play Subordinate Role On Stock Exchanges

Jan 01, 2018 05:22 PM EST

Europe's top companies play a subordinate role on stock exchanges

Apple And Amazon Discussing How To Establish A Direct Presence In Saudi

Dec 29, 2017 09:43 AM EST

Apple and Amazon discussing how to establish a direct presence in Saudi

South Korean Researchers to Develop World Class Supercomputer by 2022

Dec 26, 2017 05:28 PM EST

South Korean Researchers to Develop World Class Supercomputer by 2022

iPhone X Demand to Be Much Lower than Expected

Dec 26, 2017 05:20 PM EST

iPhone X Demand to Be Much Lower than Expected

145,000 Bank of America Employees Get an Early Christmas Present Thanks to Trump Tax Cut

Dec 23, 2017 07:36 PM EST

145,000 Bank of America Employees Get an Early Christmas Present Thanks to Trump Tax Cut

iPhone Battery to Become Bigger in 2019

Dec 22, 2017 07:34 PM EST

iPhone Battery to Become Bigger in 2019

U.S. Economy Gains Speed From Growth In Personal Spending, Flouting Forecasts

Dec 22, 2017 04:07 PM EST

U.S. Economy Gains Speed from Growth in Personal Spending, Flouting Forecasts