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Tag Archives: Business

A Court Just Ruled On What A Snuggie Actually Is

A more important question than “Is a hot dog a sandwich?” has been answered by a federal trade court: Is a Snuggie a blanket? Per Bloomberg BNA, the answer is yes, meaning that, at least for tariff purposes, the cozy, fleecy coverings aren’t considered to be “robes or priestly vestments” and so shouldn’t be taxed at the higher apparel rate. ...

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Company Offers ‘Puppy Parental Leave’ For New Owners

Follow CBSMIAMI.COM: Facebook | Twitter MIAMI (CBSMiami) — Parental leave is not something new but how about paid time off for you and your pup. A craft beer company called Brew Dog is now offering ‘Puppy Parental Leave.’ It’s paid time off for a week for you and your new furry friend as you both get acclimated to each other. Employees can also ...

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Trump Hits The Road, Hopes Rally Speeches Overcome Troubles

Follow CBSMIAMI.COM: Facebook | Twitter NORTH CHARLESTON, S.C. (CBSMiami/AP) —  President Donald Trump hit the road Friday, away from a troubled White House, and off to tout his jobs promises, pledging to “unleash the power of the American spirit.” “We love our workers and we are going to protect our workers,” Trump declared at a Boeing plant where the company showed off its ...

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Senate Confirms Scott Pruitt To Lead EPA

WASHINGTON (AP) – The Senate has confirmed President Donald Trump’s nominee to lead the Environmental Protection Agency. Scott Pruitt was approved on Friday by a vote of 52-46. Pruitt served six years as Oklahoma’s attorney general and was closely aligned with oil and gas companies in his home state, whose executives backed his political campaigns. He filed 14 lawsuits as ...

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AT&T Launches New Unlimited Data Plan

Follow CBSMIAMI.COM: Facebook | Twitter MIAMI (CBSMiami) – AT&T is changing course and is now offering an unlimited talk, text and data plan. It starts today and costs $100 a month for a single line and an extra $40 per month for each additional line. But AT&T is waiving the cost of the fourth line which means a family of four pays $180. ...

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Poland Spring Looks To Build $50 Million Bottling Plant In Maine

RUMFORD, Maine (AP) — Poland Spring bottled water company is looking for a new home in rural western Maine for a $50 million bottling plant. The company, whose parent company is the Switzerland-based Nestle, also seeks two additional spring sites. Poland Spring runs bottling plants in Poland, Kingfield and Hollis. The new water sources and bottling operation would increase its ...

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Zuckerberg Lays Out Long-Term Vision In Facebook Manifesto

NEW YORK (AP) — Mark Zuckerberg’s long-term vision for Facebook, laid out in a sweeping manifesto, sometimes sounds more like a utopian social guide than a business plan. Are we, he asks, “building the world we all want?” While most people now use Facebook to connect with friends and family, Zuckerberg hopes that the social network can encourage more civic ...

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Morgan Hill Restaurant Fined $120K For Serving Tilapia As Petrale Sole

MORGAN HILL (CBS SF) – A high-end Morgan Hill restaurant is under fire after being caught surreptitiously serving customers cheap fish while advertising and charging for a pricier one. The Santa Clara County District Attorney’s Office reached a settlement Wednesday in a case against AS Restaurant Consulting Group LLC, DBA Odeum Restaurant, and owner Salvatore Calisi. Odeum, a Mediterranean infusion ...

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App Helps Turn Closet Items Into Income

Follow CBSMIAMI.COM: Facebook | Twitter MIAMI (CBSMiami) – Millions of users are turning their closet items into another form of income using an app. “So, pretty much you’re running a business from the palm of your hand. It’s a simple business model with a lot of return on your investment,” said Joanne Echevers. “Items that I didn’t want or no longer use I ...

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Bay Area Businesses Close For ‘Day Without Immigrants’ Protest

OAKLAND (CBS SF) — Several Bay Area businesses have closed their doors Thursday as part of the national “A Day Without Immigrants” protests against President Donald Trump’s immigration policies. Chavez Supermarket has decided to close all 10 of their Bay Area locations for the day, while the owners of Gazzali’s Supermarket will close all five of their Oakland stores. In ...

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Aldermen Vote To Scale Back Airbnb Regulations

CHICAGO (CBS) — A City Council panel has given preliminary approval to changes in the regulations governing Airbnb and other vacation home-sharing websites, only eight months after aldermen passed the original ordinance. The Emanuel administration was trying to get ahead of two lawsuits challenging the home-sharing regulations approved in June 2016. The changes approved Wednesday by the Committee on License ...

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Snap Values Itself at Up To $22B Ahead Of IPO

LOS ANGELES (AP) — Snap Inc. is valuing the company at up to $22 billion as it prepares for the tech industry’s biggest initial public offering in years. The parent company of the social network Snapchat said in a regulatory filing Thursday that the IPO is likely to be priced between $14 and $16 per share. Had the IPO price ...

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Snap Values Itself At Up To $22B Ahead Of Major Public Offering

Follow CBSMIAMI.COM: Facebook | Twitter NEW YORK (CBSMiami/AP) —  Snap Inc. says their company is worth up to $22 billion as it prepares for what is considered the tech industry’s biggest initial public offering in years. The parent company of the social network Snapchat said in a regulatory filing Thursday that the IPO is likely to be priced between $14 and $16 per ...

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American Girl to Sell its First-Ever Boy Doll

Watch VideoNEW YORK (AP) — For the first time in its more than 30-year history, American Girl will sell a boy version of its pricey dolls. The 18-inch “Logan Everett” doll will go on sale this week. American Girl, which is owned by Barbie maker Mattel Inc., says Logan is a drummer and will come with a doll-sized drum kit. ...

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Time Warner Shareholders Vote to Approve AT&T Merger

NEW YORK (CNNMoney) — Time Warner shareholders cast a resounding vote on Wednesday in support of the company’s proposed $85.4 billion merger with AT&T, setting the stage for the federal government’s review of the deal. The vote was held at a special meeting in Atlanta with shareholders for Time Warner, which is the parent company of CNN, HBO, TNT and ...

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KCBS Small Business Challenge

Join KCBS Thursday, March 2, 2017 at the Nasdaq Entrepreneurial Center and learn more about growing your business + watch the finalist companies pitch & compete for a $10K Small Business Grant. RSVP here…

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Joliet Throws Hat Into Ring As Possible Caterpillar HQ

(CBS) — Naperville and Rosemont are among the Chicago area communities encouraging Caterpillar executives to move the company’s headquarters from downstate Peoria to their town. Now, another suburb —Joliet — is asking Big Yellow to take a look. WBBM’s Bernie Tafoya reports. “Caterpillar’s always had a strong presence in Joliet. One of their main plants is located in our city,” ...

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Grocers Want To Know: Does The Label Mean It’s Expired?

Follow CBSMIAMI.COM: Facebook | Twitter MIAMI (CBSMiami) — Two major grocery store associations are calling for voluntary guidelines to streamline food expiration labels and are aiming to get all manufacturers and retailers to use the new system by the Summer of 2018. If all goes as planned, more than a dozen different phrases used to describe food expiration and safety will soon be ...

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Fast Food CEO Puzder’s Nomination As Labor Secretary In Serious Trouble

WASHINGTON (AP) — Fast food CEO Andrew Puzder’s nomination to be President Donald Trump’s secretary of labor appears to be in serious trouble. On the eve of Puzder’s long-delayed confirmation hearing, some Republicans said Wednesday they’re concerned over his failure to pay taxes for five years on a former housekeeper who wasn’t authorized to work in the U.S. One Republican ...

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Yahoo Warns Users Of Possible Malicious Activity On Accounts

SUNNYVALE (AP) — Yahoo is warning users of potentially malicious activity on their accounts between 2015 and 2016. It’s the latest development in the internet company’s investigation of a mega-breach that exposed 1 billion users’ data several years ago. It’s not clear how many users were affected by the malicious activity, which involved the use of forged cookies – strings ...

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Fed Chairwoman Yellen: More Jobs Expected In US

Follow CBSMIAMI.COM: Facebook | Twitter MIAMI (CBSMiami) — A day after addressing a senate committee, Federal Reserve Chairwoman Janet Yellen was back on Capitol Hill Wednesday. Yellen provided testimony during the semiannual hearing on monetary policy and the State to the House Committee on Financial Services. She reiterated that the economy continues to improve, as does the labor market with further job growth ...

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Under Armour CEO Responds To Criticism Of Trump Praise

BALTIMORE (CBS SF/AP) — The CEO of Baltimore-based sports apparel company Under Armour responded Wednesday to criticism he received after calling President Donald Trump “an asset to the country.” In an open letter to Baltimore published as a full-page advertisement in The Baltimore Sun, Kevin Plank wrote that he wanted to clarify what values he and his company stand for. ...

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Under Armour CEO Responds After He’s Criticized For Praising Trump

BALTIMORE (AP) — The CEO of Baltimore-based sports apparel company Under Armour is responding to criticism he received after calling President Donald Trump “an asset to the country.” Kevin Plank wrote an open letter to Baltimore published as a full-page advertisement in The Baltimore Sun Wednesday. He wrote that his choice of words during an interview with CNBC last week ...

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Hidden Apps: What You Need To Know To Protect Your Child

NEW YORK (CBSNewYork) — With so many apps out there, it can be hard keeping track of the latest technologies kids are using. And now, some kids are using apps to hide their social media footprint — and programs that could connect them with strangers. “It’s hiding all kinds of videos, photos, other things that they don’t want you to ...

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California Illegally Allowed Oil Companies To Inject Wastewater In Protected Waters, Audit Finds

LIVERMORE (KPIX 5) — Hundreds of oilfield wastewater wells across California must shut down Wednesday, after a federal audit found the state illegally allowed oil companies to inject contaminated fluids into protected water supplies. But that’s not stopping the state from backing yet another oil company’s request to inject wastewater into a protected underground water source right here in the Bay Area. ...

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Fate Of Hundreds Of Westinghouse Workers Up In The Air

CRANBERRY TOWNSHIP (KDKA) — It was a tough morning on the Westinghouse campus in Cranberry Township Tuesday morning. Almost 5,000 employees arrived for work wondering if they would still have a job at the end of the day. The word was out, bad news was coming and there would most certainly be jobs lost. Meanwhile, 6,600 miles away, the President ...

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