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Target Announces Price Cuts, Sending Shares Tumbling

Target Announces Price Cuts, Sending Shares Tumbling

Target shares dropped after the retailer posted a blog on Friday about lowering prices on thousands of items, CNBC reported. The price cuts will be on items including cereal, paper towels, baby formula, razors... »

Philly, Pittsburgh to Bid for Amazon 2nd Headquarters

Philly, Pittsburgh to Bid for Amazon 2nd Headquarters

Philadelphia and Pittsburgh plan to make pitches to be Amazon's second home. »

2 Philly Law Firms, Mergers Expand Nationwide Presence

2 Philly Law Firms, Mergers Expand Nationwide Presence

Two Philadelphia-based law firms have announced separate mergers that will expand their nationwide presences. »

Trump's Harsh Message to Immigrants Could Drag on Economy
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Trump's Harsh Message to Immigrants Could Drag on Economy

James Harrison, the owner of a Phoenix-based specialty construction firm, employs three workers protected by an Obama-era immigration program that the Trump administration took steps Tuesday to eliminate... »

1.6 Million Chests of Drawers Recalled Over Tip-Over Risk

1.6 Million Chests of Drawers Recalled Over Tip-Over Risk

More than 1 million chests of drawers that pose a threat of tipping over onto children have been recalled, the Consumer Product Safety Commission said Wednesday. One injury involving the chests has been... »

Visit Philadelphia Launches Messaging Toolkit

Visit Philadelphia Launches Messaging Toolkit

Philadelphia has a lot going for it, but are local entrepreneurs and business owners on the same page as city leaders when it comes to touting its advantages? »

Equifax Execs Sold Stock Before Revealing Massive Breach

Equifax Execs Sold Stock Before Revealing Massive Breach

A data breach discovered in July may have affected as many as 143 million U.S. consumers, credit tracker Equifax said Thursday. And three of the company's executives sold nearly $2 million in Equifax shares days... »

FB Sold Political Ads to Russian Company During Election

FB Sold Political Ads to Russian Company During Election

It is “likely” Russian political operatives spent $100,000 on Facebook ads with “divisive messages” between June 2015 and May 2017, the company said Wednesday. In a blog post on the issue and the company’s... »

Gap to Shift Focus to Old Navy, Athleta Stores
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Gap to Shift Focus to Old Navy, Athleta Stores

Gap Inc. plans to shift its focus to its growing Old Navy and Athleta stores, and away from the Gap and Banana Republic brands. The company said Wednesday it will close about 200 Gap and Banana Republic... »

Chipotle Says Queso Will Fill Gap in Menu, Boost Sales

Chipotle Says Queso Will Fill Gap in Menu, Boost Sales

Chipotle hopes its new queso dip will satisfy its customers' cravings — and help reinvigorate sales that have been hurt by food scares. The Mexican food chain said it will begin offering all-natural warm... »