Business Wire Archives
April 26, 2018 | 80° | Check Traffic

Business Wire


Mortgage rates highest since 2013

Updated on  April 26, 2018 at 10:39 am
Long-term U.S. mortgage rates continued to climb this week, reaching their highest level in more than four years and denting prospective home purchasers’ prospects amid the spring buying season. Read More

Oregon’s struggles tracking pot reflect industrywide problem

To the beat of electronic dance music, men and women inside a slate-gray building harvested marijuana plants festooned with radio-frequency identification tags. In another room, an employee enteredthe tag numbers into a government database. Read More

Facebook advertisers shrug off privacy scandal

Facebook’s troubles with Russian election meddlers, “fake news ” and misused data have dominated headlines globally. But they don’t seem to be affecting Facebook’s bottom line, so far, as advertisers continue to flock to the service in droves. Read More

Netflix-loving kids are tuning out Nickelodeon

Updated on  April 25, 2018 at 12:10 pm
The cable networks for children, in decline for years, are now in a free fall. This season’s ratings for the 2-to-11 set are shaping up to be the worst yet. And few in the industry predict a turnaround. Read More

LendingClub drops as FTC calls ‘no hidden fees’ slogan deceptive

Updated on  April 25, 2018 at 11:50 am
LendingClub, once the Wall Street darling of online lenders, tumbled to a record low this week after U.S. regulators accused it of misleading consumers with hidden fees and charging borrowers even when they paid off loans. Read More

ConocoPhillips wins $2B arbitration against Venezuela

Updated on  April 25, 2018 at 11:45 am
ConocoPhillips says it won a $2 billion arbitration award against Venezuela’s state oil company over the seizure a decade ago of investments in two projects in the OPEC nation. Read More

House Democrats talk to Cambridge Analytica whistleblower

House Democrats, frustrated by what they see as GOP inaction and with an eye on midterm elections, held the first of what they hope to be several interviews with witnesses who have not been interrogated in the Republican-led Russia investigations. Read More

FDA cracks down on e-cigarette popular in schools

Federal health officials announced a nationwide crackdown on underage use of a popular e-cigarette brand following months of complaints from parents, politicians and school administrators. Read More

Altaba, as Yahoo, paying $35M to settle SEC charges over 2014 hack

The company formerly known as Yahoo is paying a $35 million fine to resolve federal regulators’ charges that the online pioneer deceived investors by failing to disclose one of the biggest data breaches in internet history. Read More

Alaska Airlines tightens emotional support animal policy

Updated on  April 24, 2018 at 11:53 am
Alaska Airlines has updated its policy on emotional support animals following an increase in incidents involving them on planes and in airports, including some customers and employees suffering bites. Read More

Kids with rare rapid-aging disease get hope from study drug

Children with a rare, incurable disease that causes rapid aging and early death may live longer if treated with an experimental drug first developed for cancer patients, a study suggests. Read More

Harley-Davidson offers free motorcycles to summer interns

Harley-Davidson is offering free motorcycles for those who join its 2018 summer internship program. The Milwaukee-based motorcycle maker says it will teach the interns how to ride, compensate them for their work and travels, and let them keep their motorcycles. Read More

U.S. brands suffer collateral damage in Chinese corporate war

Executives from five major consumer brands told the Associated Press that after they refused to enter exclusive partnerships with Alibaba, traffic to their Tmall storefronts fell, hurting sales. Three are American companies with billions in annual sales that rely on China for growth. Read More

Researcher in Facebook data scandal apologizes

Updated on  April 23, 2018 at 10:59 am
The academic at the center of the Facebook data-misuse scandal is apologizing for his actions, but also says he thought he did nothing wrong at the time. Read More