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August 21, 2019
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Business

Trader Michael Unkonis, center, works on the floor of the New York Stock Exchange, Tuesday, Jan. 29, 2019. Stocks are opening slightly higher on Wall Street as several big U.S. companies reported solid results for the latest quarter. (AP Photo/Richard Drew)
March 26, 2019 - 11:40 am

Wall Street bonuses fall over $30K despite profit upturn

ALBANY, N.Y. (AP) — The average bonus paid to Wall Street traders dipped by more than $30,000 despite a jump of 11 percent in securities industry profits, according to a report released Tuesday by the comptroller for New York state. Comptroller Thomas DiNapoli's annual estimate of the average bonus...
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FILE- In this Sunday, Feb. 17, 2019, file photo the company logo is displayed on the grille of an unsold 2019 F150 pickup truck at a Ford dealership in Broomfield, Colo. Ford Motor Co. says its chief financial officer, Bob Shanks, will retire in December, capping a 42-year career at the automaker. The Detroit company on Thursday, March 21, said that Tim Stone will succeed Shanks as chief financial officer. (AP Photo/David Zalubowski, File)
March 21, 2019 - 10:23 am

Ford CFO Shanks retires; former Snap CFO Stone to take over

Ford Motor Co. said its chief financial officer, Bob Shanks, will retire in December, capping a 42-year career at the automaker. The Dearborn, Michigan-based company on Thursday said that Tim Stone will succeed Shanks as chief financial officer. Stone will come to Ford in April and takes over as...
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Getty Images
March 14, 2019 - 4:40 pm

Boeing pauses deliveries of 737 MAX aircraft to customers following FAA grounding

NEW YORK (1010 WINS/AP) --- Boeing announced on Thursday afternoon that it has paused deliveries of 737 MAX jetliners to customers after the FAA's decision yesterday to ground the aircraft, Reuters reported . Boeing adds that it assessing how production will be impacted by pause in deliveries,...
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Dreamstime
March 14, 2019 - 12:13 pm

Donors team up to expand #MeToo's impact in the workplace

NEW YORK (AP) — A group of prominent U.S. foundations is launching a new fund aimed at combating sexual violence and harassment in the workplace. The fund claimed pledges of $20 million even ahead of its public launch Thursday. It plans to direct most of its grants to programs led by and benefiting...
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Facebook
P Photo/Richard Drew, File
March 13, 2019 - 5:52 pm

Facebook, Instagram, WhatsApp experience lengthy outage

NEW YORK (1010 WINS) -- Facebook and its sister social media app Instagram were down Wednesday afternoon for several hours. In the case of Facebook, users were unable to generate new posts. The outage began around noon, and was still an issue at 5:30 p.m. We're focused on working to resolve the...
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FILE- In this April 11, 2018, file photo Facebook CEO Mark Zuckerberg pauses while testifying before a House Energy and Commerce hearing on Capitol Hill in Washington. Zuckerberg laid out a new "privacy-focused" vision for social networking on Wednesday, March 6, 2019. (AP Photo/Andrew Harnik, File)
March 06, 2019 - 9:21 pm

Zuckerberg promises a privacy-friendly Facebook, sort of

SAN FRANCISCO (AP) — Facebook, which grew into a colossus by vacuuming up your information in every possible way and using it to target ads back at you, now says its future lies in privacy-oriented messaging that Facebook itself can't read. Mark Zuckerberg, co-founder and CEO, announced the shift...
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FILE - In this Feb. 14, 2019 file photo, people stand in the lobby for Amazon offices in New York. Amazon is providing a tool that will allow brands to remove listings from its site themselves that they consider to be for counterfeit goods. The online giant is also launching a product serialization service, which allows brands to put unique codes on their products during the manufacturing process. The codes are then scanned by Amazon to confirm authenticity once purchased. (AP Photo/Mark Lennihan, File)
February 28, 2019 - 6:03 pm

Scammers beware: Amazon ups its anti-counterfeit game

NEW YORK (AP) — The Carhartt hoodie that Laura Serghe bought two years ago looked phony. And then, what was supposed to be an Eastpak backpack, arrived recently with messy stitching and a label inside that peeled off easily. Both were bought from one place: Amazon, the world's largest online...
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Instagram
February 19, 2019 - 4:50 pm

Not again! Burberry pulls hoodie -- with a noose -- following complaints

NEW YORK (1010 WINS) -- Yet another fashion house has been forced to apologize and pull an item deemed racist. This time, it's Burberry, which showed off during its recent London Fashion Week show a hoodie with a noose around the neck. Yes, a noose. "We are deeply sorry for the distress caused by...
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FILE - In this Nov. 13, 2018 file photo, New York Gov. Andrew Cuomo, left, and New York City Mayor Bill de Blasio shake hands during a news conference in New York. Cuomo and de Blasio trumpeted Amazon's decision to build a $2.5 billion campus in the Queens borough of New York as a major coup. Neither one expected the near immediate local backlash that would cause Amazon to cancel their plans on Feb. 14, 2019. (AP Photo/Bebeto Matthews, File)
February 16, 2019 - 7:57 am

Gone in a New York minute: How the Amazon deal fell apart

NEW YORK (AP) — In early November, word began to leak that Amazon was serious about choosing New York to build a giant new campus. The city was eager to lure the company and its thousands of high-paying tech jobs, offering billions in tax incentives and lighting the Empire State Building in Amazon...
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In this Feb. 14, 2019 photo provided by Newark Alliance, Laurie Ross, an actor with the event planners at Life 'O the Party, holds a message reading "NJ & Newark Still Love U, Amazon!" while arriving at an Amazon office in New York. The love note came despite Amazon saying it's not seeking a new site. (Matthew Cossel/Winning Strategies for Newark Alliance via AP)
February 15, 2019 - 2:42 pm

Amazon dumped New York, but cities still wooing the company

Amazon's breakup with New York was still fresh when other cities started sending their own valentines to the online giant. Officials in Newark, New Jersey, one of the 18 finalists that Amazon rejected in November when it announced plans to put its new headquarters in New York and northern Virginia...
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