Business News

All eyes on potential Trump vs Greta Thunberg showdown at Davos

iStock(NEW YORK) — Twitter adversaries President Donald Trump and teen climate change activist Greta Thunberg may come face-to-face at the annual World Economic Forum meeting this week, and all eyes are on their potential showdown at Davos.Trump, 73, is slated to give a special address at the conference of world and business leaders at 11…read more »

Climate change and economic inequality loom large as the powerful descend on Davos

astra490/iStock(DAVOS, Switzerland) — The world’s political and economic elite are descending on the small Swiss Alps town of Davos this week for the annual World Economic Forum meeting where they hope to set this year’s “global, regional and industry agendas.”Approximately 3,000 people will be attending this year — from President Donald Trump to German Chancellor…read more »

Snickers teases Super Bowl commercial with Guinness World Record candy bar

Samohin/iStock(NEW YORK) — Snickers raised its own bar with a whopping world record and a big promise for the brand’s Super Bowl commercial.Mars Wrigley, the company behind the candy bar, created a version of its confection that weighed in over two metric tons and set a new Guinness World Record for the largest chocolate nut…read more »

Why Stitch Fix CEO Katrina Lake turned down a multimillion-dollar offer

Stefanie Keenan/Getty Images for The Business of Fashion(NEW YORK) — Stitch Fix founder and CEO Katrina Lake made history in 2017 when she became the youngest female founder to take a company public at just 34. Founded in 2011, the online personal styling service became profitable within three years and now serves more than three…read more »

Why SpaceX is blowing up a Falcon 9 rocket for a safety test

Andrei Stanescu/iStock(NEW YORK) — SpaceX is intentionally blowing up one of its Falcon 9 rockets shortly after it launches Sunday, during what it hopes will be the final unmanned test flight before the private aerospace company can send NASA astronauts to the International Space Station.”We are purposely failing a launch vehicle to make sure that…read more »

New software issues could delay return of Boeing’s 737 Max

sanfel/iStock(NEW YORK) — Boeing potentially faces more delays for the return of its 737 Max jets after another software issue surfaced during an audit meeting with regulators last weekend, sources tell ABC News.The 737 Max has been grounded for almost 10 months after it was connected to two crashes that killed a total of 346…read more »

A fee for rideshares to the airport may be unconstitutional, Arizona AG says

Anatoliy Sizov/iStock(PHOENIX) — A $4 fee for hailing an Uber or Lyft to or from the airport in Phoenix has garnered a firestorm of reaction from residents and ride-share companies, and now Arizona’s attorney general says he believes it’s likely unconstitutional. The fee tacked onto any ride to or from the Sky Harbor airport has…read more »

Apple could be forced to abandon its lightning cable by EU regulators

Wachiwit/iStock(NEW YORK) — European lawmakers are pushing for a universal cellphone charger, arguing it is more environmentally friendly and more convenient for consumers, a move that could bring an end to Apple’s exclusive lightning cable. Members of the European Parliament are calling for “binding measures for chargers to fit all mobile phones and other portable…read more »