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Business News

Tuesday, Nov 27, 2018 at 06:26 PM EST

Angry Over Cutbacks, Trump Threatens to End Subsidies to GM

Angry Over Cutbacks, Trump Threatens to End Subsidies to GM

President Donald Trump tested the limits of his presidential authority and political muscle as he threatened Tuesday to cut off all federal subsidies to General Motors because of its planned massive cutbacks in...

Monday, Nov 26, 2018 at 09:43 PM EST

Biotech Coming to Gloucester

Biotech Coming to Gloucester

Travis McCready, President and CEO of the Massachusetts Life Sciences Center, joins necn to discuss the expansion of the Gloucester Marine Genomics Institute.

Monday, Nov 26, 2018 at 09:40 PM EST

BBJ: Former Mount Ida Students File Lawsuit

BBJ: Former Mount Ida Students File Lawsuit

Boston Business Journal digital editor Max Stendahl joins necn to discuss his story, “Former Mount Ida students file class action fraud lawsuit.”

Monday, Nov 26, 2018 at 05:24 PM EST

US Could Slap 10% Tariffs on iPhones Imported From China

US Could Slap 10% Tariffs on iPhones Imported From China

President Donald Trump suggested he could place a 10% tariff on iPhones and laptops imported from China, in an interview with the Wall Street Journal published Monday. He also said it's "highly unlikely" that he...

Monday, Nov 26, 2018 at 03:04 PM EST

Former Students File Class Action Suit Against Mount Ida

Former Students File Class Action Suit Against Mount Ida

Digital Editor Max Stendahl joins necn to discuss his story, " Former Mount Ida students file class action fraud lawsuit."

Monday, Nov 26, 2018 at 01:42 PM EST

Supreme Court Justices Skeptical of Apple in App Store Case

Supreme Court Justices Skeptical of Apple in App Store Case

The Supreme Court seemed ready Monday to allow a lawsuit to go forward that claims Apple has unfairly monopolized the market for the sale of iPhone apps. The court heard arguments in Apple's effort to shut down...

Monday, Nov 26, 2018 at 06:24 PM EST

Rhode Island Casino First in Region for Sports Betting

Rhode Island Casino First in Region for Sports Betting

A casino in Rhode Island has become the first in New England to accept bets on professional sports. Sports betting began at Twin River Casino's Lincoln location Monday.

Monday, Nov 26, 2018 at 12:58 PM EST

CVS, Aetna Draw Closer to Closing $69B Combination

CVS, Aetna Draw Closer to Closing $69B Combination

Shares of CVS Health and Aetna are rising with the companies now saying they expect to close their $69 billion tie-up later this week.

Monday, Nov 26, 2018 at 07:48 PM EST

GM to Lay Off Up to 14K Workers, Close as Many as 5 Plants

GM to Lay Off Up to 14K Workers, Close as Many as 5 Plants

General Motors will cut up to 14,000 workers in North America and put five plants up for possible closure as it abandons many of its car models and restructures to focus more on autonomous and electric vehicles,...

Sunday, Nov 25, 2018 at 11:55 AM EST

Black Friday Pulled in Record $6.22B in Online Sales

Black Friday Pulled in Record $6.22B in Online Sales

More shoppers turned to the internet for deals to kick off the holiday shopping season, new data showed Saturday, buying everything from apparel to flat-screen TVs and spending record amounts in the process. B...

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