BUSINESS

It’s been 15 years since the minimum wage went up

The federal minimum wage has not risen from $7.25 for 15 years. That run extends the longest such streak since…

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Gretchen Whitmer won’t challenge Kamala Harris for nomination

Michigan Governor Gretchen Whitmer doesn’t intend to compete with Vice President Kamala Harris and run for the the Democratic presidential…

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Netflix adds 8 million subscribers, grows margins in Q2

Netflix exceeded analyst estimates, even though Wall Street went into the call with already lofty expectations for the streamer.  A…

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Panasonic CEO issues ultimatum to managers: Deliver results, or be replaced

Panasonic Holdings Corp.’s managers need to feel more of a “sense of crisis” given the company’s low profitability and will…

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Tesla CEO Elon Musk donates to Trump’s reelection bid

Billionaire Elon Musk has donated to a super political action committee working to elect Donald Trump to the White House,…

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NRA ex-finance chief who approved Wayne LaPierre’s jet-set spending must pay millions in damages

The National Rifle Association’s former finance czar, Wilson “Woody” Phillips, has been banned for a decade from managing money for…

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Burberry is reportedly laying off hundreds of employees amid huge stock selloff

British fashion house Burberry Group Plc is expected to shed hundreds of jobs, mostly in the UK, following a sharp…

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What’s happening inside an 80-year-old brain?

In the wake of last week’s presidential debate between the 78- and 81-year-old candidates—and the impression among some that President…

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Kevin Costner mortgaged one of his properties to finance ‘Horizon’ but movie flops

“ A Quiet Place: Day One ” is making noise at the box office. The prequel earned an estimated $53 million in…

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General Mills bets flavor will save it from soggy demand—‘mac and cheese will be cheesier’

General Mills’ sales forecast has gone as soggy as a bowl of milk-flooded Cheerios, and the packaged goods giant is…

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