Amtrak Ending Indianapolis-To-Chicago Route With Funding CutAmtrak spokesman Marc Magliari says the four-days-a-week train won't run after June 30, which is when its $3 million annual state subsidy ends.
Chewy.com Hopes To Overcome Gnawing Wall Street MemoriesChewy, which hasn't been profitable since it was founded in 2011, stands out from the rest of the crowd because of its involvement in online pet sales — a niche that turned into a financial wasteland as hundreds of internet companies imploded after raising billions of dollars during the late 1990s.
McDonald's Turns To Bacon And WinsAt the beginning of the year, McDonald's Corp. offered bacon on anything customers wanted for an hour. That — along with new menu items like doughnut sticks — generated both hype and store traffic.
Marriott To Expand Further Into Home-SharingMarriott's move is an acknowledgment that home-sharing — which has boomed in the last decade since Airbnb's founding — has fundamentally changed guests' expectations.
Facing Angry Shareholders, Boeing CEO Says 737 Max Software Fix Nearly CompleteResisting calls from some shareholders to resign over the 737 Max scandal, Boeing CEO Dennis Muilenburg said he’s focused on safety as the company continues working on a software fix for the grounded planes, after two fatal crashes resulted in more than 300 deaths.
Uber Looks To Raise Up To $9B In Initial Public OfferingUber is on track for one of the largest IPOs in history. The company plans to sell 180 million shares for between $44 and $50 each.
Comcast Sheds Cable Customers But Adds Internet SubscribersTraditional TV providers are losing customers at an increasing rate while streaming companies pop up seemingly every few weeks . To deal with that industry shift online from cable, Comcast has focused on growing its broadband business while integrating streaming apps into its cable box.
CVS Moves Into Dental Care With Teeth-Straightening ServiceThe American Association of Orthodontists warns that in-person visits are crucial for care like teeth-straightening.
Caterpillar 1Q Beats Forecasts As Revenue Grows 5%Sales of new construction equipment in North America jumped 13% in the first quarter, primarily driven by road construction projects, Caterpillar said.
AT&T Shares Slump As More TV Customers LeaveAT&T Inc., which owns DirecTV, said it lost 627,000 video customers in the January-March quarter. Its DirecTV Now streaming service, a cable alternative launched in 2016, lost customers for the second quarter in a row as the company ends deep discounts for the service.
US Expands Probe Into Air Bag Failures To 12.3M VehiclesFour deaths that may have been caused by the problem were reported in Hyundai-Kia vehicles and three in Fiat Chrysler automobiles. NHTSA opened an investigation in March of 2017 involving the TRW parts in Hyundais and Kias.
Twitter Profit Rises As Trump Demands 'Fairer' Social MediaThe company said net income for the first three months of the year rose on strong ad demand. Daily users rose 11% to 134 million for the first quarter of 2019, thanks to both "organic growth as well as ongoing product improvements and marketing."
Kohl's Goes All-In On Amazon, Bringing Free Returns To Every StoreThe retailer started a test with Amazon at 82 stores in Los Angeles and Chicago at the time and has since added close to two dozen stores in Milwaukee to the pilot.
Sears Oakbrook Store To Close On April 28; Liquidation Sale UnderwayMore than six months after it reopened, following an extensive remodeling, the Sears store at Oakbrook Center shopping mall is set to close this weekend.
Melinda Gates Talks 'Brash' Microsoft Culture In New BookThe book trails her life from Catholic school girl in Texas, to young tech leader at Microsoft; and from her private struggles as the wife of a dominating public icon and stay-at-home mom with three kids, to finding her professional purpose as a champion of women through venture capital and philanthropy.