Business - NBC 10 Philadelphia

News and Information to Help You Get Ahead

Dow Erases 2018 Gains as It Drops Over 450 Points

Dow Erases 2018 Gains as It Drops Over 450 Points

The major indexes fell sharply on Tuesday and turned negative for the year as a decline in Target shares pressured retailers, while the most popular technology stocks dropped again. The Dow Jones Industrial... »

Retailers Look to Fill Void Left by Toys R Us This Holiday Season
Video

Retailers Look to Fill Void Left by Toys R Us This Holiday Season

Retail stores are preparing to deal with increased demand of toys in the wake of a holiday shopping season without Toys R Us. They're stocking up, expanding aisle space and offering online toy catalogs to ensure... »

Thanksgiving Is Costing Less This Year
Video

Thanksgiving Is Costing Less This Year

Another thing to be thankful for, the cost of Thanksgiving dinner is the lowest it has been in nearly a decade. Experts say the average cost to feed 10 people this year for Thanksgiving is $48.90. »

Nissan Chairman to Be Dismissed After Reported Arrest

Nissan Chairman to Be Dismissed After Reported Arrest

Nissan Motor Co. said Monday that it will dismiss its chairman, Brazilian-born Carlos Ghosn after finding that he under-reported his income "over many years," among other allegations of misconduct. The... »

Amazon's Would-Be NY Neighbors: Cynicism, Some Hope for Jobs
Video

Amazon's Would-Be NY Neighbors: Cynicism, Some Hope for Jobs

Shawn Smith has heard the promises before. When new hotels sprang up near the public housing complex in Queens where he's lived for 17 years, residents were told they would bring jobs and economic... »

Struggling Retailers Have No Room for Error Over Holidays

Struggling Retailers Have No Room for Error Over Holidays

Despite all the changes in retail, one thing remains constant: the holidays are the most crucial season of year. Many retailers can ring up a third or more of their sales during the holiday quarter. »

David's Bridal Files for Bankruptcy, But Orders Are Safe
Video

David's Bridal Files for Bankruptcy, But Orders Are Safe

David's Bridal is filing for bankruptcy protection but there is no danger for customers who have ordered dresses because operations continuing as normal while the wedding and prom retailer restructures. The... »

Advice for Toy Shopping This Holiday Season
Video

Advice for Toy Shopping This Holiday Season

The holiday hunt begins to buy the best toys for your children. The trend this year is hands-on toys and toys that use technology. Busy Bee Toys, with locations in Chestnut Hill and Doylestown, says it has... »

Turbulent Stock Market Spooks Some Older Workers, Retirees

Turbulent Stock Market Spooks Some Older Workers, Retirees

The recent turbulence in the U.S. stock markets is spooking some older workers and retirees, a group that was hit particularly hard during the most recent financial crisis. There's no indication, though,... »

Lockheed Martin Starts Production of Supersonic Plane

Lockheed Martin Starts Production of Supersonic Plane

Lockheed Martin's experimental supersonic plane has officially entered production, the defense giant announced Friday. Earlier this year, NASA awarded Lockheed a contract worth nearly $250 million to develop an... »