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Business and Economic News

Target announces expansion of bathroom options in U.S. stores

Target announces expansion of bathroom options in U.S. stores

The retail giant denies that a backlash to its policy of opening bathrooms to transgender choice has caused a slide in sales.

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Starbucks CEO Howard Schultz on America's conscience

Starbucks CEO Howard Schultz on America's conscience

Starbucks CEO Howard Schultz says America has lost its conscience, and leaves too many people behind with little hope and opportunity. He's calling for an economic and moral transformation and says there must be a balance between corporate profit and social impact.

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Target cuts outlook in 'difficult' environment

Target cuts outlook in 'difficult' environment

The discounter's second-quarter net income fell nearly 10 percent. It also reported sales at stores open at least a year fell 1.1 percent, reversing six straight quarters of gains.
by The Associated Press

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Larry Wilmore's 'Nightly Show' will air for the last time on Thursday

Larry Wilmore's 'Nightly Show' will air for the last time on Thursday

Cancellation of the satirical news show comes a year and a half into its run. It had replaced The Colbert Report. Comedy Central's president said it wasn't "resonating" with audiences.
by Jason Slotkin

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Allina nurses vote this week could trigger indefinite strike

Allina nurses vote this week could trigger indefinite strike

Negotiators for the Minnesota Nurses Association are urging their members to authorize an open-ended walkout, hoping the prospect of an indefinite strike will put more pressure on the health system to settle a contract.
by Lorna Benson

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Profit margins falling for crop farmers

The U.S. Agriculture Department's latest crop report will be released Monday afternoon, detailing what's expected to be another record harvest this fall.

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Low prices force some farms to their knees financially

Low prices force some farms to their knees financially

Milk, like corn and soybeans, has been fetching less money than it costs to produce for most of the last two years. And the USDA forecast a record grain harvest this year, suggesting there's no end in sight to ongoing financial pain for farmers.
by Mark Steil

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More airline outages seen as carriers deal with aging technology

More airline outages seen as carriers deal with aging technology

Airlines have spent heavily to introduce new features such as automated check-in kiosks, real-time luggage tracking and slick mobile apps. But they have avoided the steep cost of rebuilding their reservations systems from the ground up.

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