Obama Foundation Draws High-Dollar, International DonationsThe foundation's annual report and tax documents show that it raised more than $232 million from private donors during 2017 and spent about $21.3 million on operations.
Walmart Partners With Kidbox Styling Service For KidsIt marks its first subscription service for clothing. In 2014, Walmart launched a quarterly subscription of beauty samples and products. Walmart had tested a short-lived subscription snack service called Goodies.
UnitedHealth Beats Expectations All AroundUnitedHealth covers nearly 50 million people internationally as the largest U.S. health insurer, but it also has been stoking growth in its Optum segment for several years now.
CVS Fined $535K For Filling Forged Percocet PrescriptionsPercocet is a brand-name painkiller that contains acetaminophen and the opioid oxycodone.
More Cancellations For Boeing's 737 Max PlanesThe widespread cancellations come after the Max's anti-stall software was implicated in two fatal crashes in Ethiopia and Indonesia since October.
Mainstream Retailers Embrace Marijuana's Less Taboo CousinRetail sales of CBD consumer products in 2018 were estimated to reach as much as $2 billion, according to Cowen & Co. By 2025, that figure could hit $16 billion in retail sales, the investment firm predicts.
American Airlines Cancels Max Flights Through Mid-AugustBoeing aims to finish fixing the planes in late April, and changes would have to be submitted to the Federal Aviation Administration and foreign regulators for approval.
GM To Reveal Next-Generation Corvette In JulyThe new sport car has been photographed undergoing road tests for months. Corvettes debuted in 1953 and are manufactured at a GM plant in Bowling Green, Kentucky.
As Cashless Stores Grow, So Does The BacklashBusiness owners who go cashless say they are following the lead of the majority of customers who are abandoning cash payments. Retailers are under pressure to cater to customers with heightened expectations for fast and seamless service, driven by companies like Amazon, Uber and Grubhub.
Delta Profit Surges And Releases Strong OutlookInvestors worry that airlines are adding too many seats and creating fare wars that hurt profits. Delta expects to increase passenger-carrying capacity by a relatively modest 4% to 5% in the second quarter, compared with a year ago.
Boeing Shareholder Lawsuit Accuses Company Of Misleading Investors About 737 Max JetsA Boeing shareholder is suing the aerospace giant, claiming the company defrauded investors by not disclosing the safety issues of its now-grounded 737 Max aircraft.
Macy's Unveils New Store Experience In 36 LocationsThe concept, which curates merchandise around a theme and rotates every four to six weeks, comes at a time when department stores like Macy's are trying to rethink how to better excite shoppers who are increasingly going online.
Facebook Cracks Down On Groups Spreading Harmful InformationLawmakers and human rights groups have been critical of the company for the spread of extremism and misinformation on its flagship site and on Instagram.
Yahoo To Pay $117.5M In Latest Settlement Of Massive BreachThe money will be paid by Yahoo's current owner, Verizon, and Altaba, a holdover from Yahoo's past.
Bank Of America Raising Hourly Minimum Wage To $20Bank of America Corp. has more than 205,000 workers.