2017 Was a Great Year to Be Rich
It's never a bad year to be rich, exactly. But 2017 turned out to be a particularly good one. Rich people are doing so well these days that their spending on luxury goods isn't even keeping up.
Retail's Toughest Year: A Record for Store Closings
The traditional retail industry just capped one of its most difficult years with a successful holiday shopping season. The question is, will that be enough to save stores on the brink?
Texas Restaurant Under Fire for ‘Racist’ Vintage Neon Sign
A restaurant in Texas is facing backlash after a photo of a sign posted in one of its rooms went viral on social media. The vintage neon sign at Cook’s Garage in Lubbock features a caricature of an African-American man …
Shell Honors Heroes of Houston with National Ad Campaign
Hurricane Harvey was a storm that changed us. Whether directly affected or indirectly Harvey changed Houstonians and those around the world emotionally, mentally, and physically. Our values of what was important changed. Our concerns for our fellowman broke color lines …
Why Wells Fargo Could Be One of Tax Reform's Big Winners
Some of Wall Street's largest banks stand to win big from the tax bill now hurtling its way towards the president's desk — but among them, Wells Fargo will make out the best. That's according to an analysis released by …
BET Making Numerous Changes to Stay No.1
According to the Hollywood Reporter, BET is making a lot of changes to stay at the top. There latest was the removal of Debra Lee as BET President. She will remain in her role as chairman and CEO while Scott …
H-E-B Acquires Property at Meyerland Plaza
H-E-B has finalized an agreement with Fidelis Realty Partners to develop a 95,000 sq. ft., two-story location in the northwest corner of Meyerland Plaza. The store will house a parking structure, BBVA Compass Bank and an elevator vestibule on the …
What's in the GOP's Final Tax Plan
On the heels of the House passing the Republican tax overhaul bill Tuesday afternoon on a party-line vote, the Senate followed suit early Wednesday morning, passing it with Republican votes only.
Top Court: Uber Should Be Regulated Like a Taxi Company
Europe's top court has ruled that Uber should be regulated as a transportation company -- and not a tech firm.
Sweet and Salty! Hershey Buys SkinnyPop Maker
It's a marriage of sweet and salty. Candy king Hershey is buying Amplify Snack Brands, the maker of SkinnyPop popcorn, for $1.6 billion.
Amazon's Corporate Bulldozer Is Fueled by Wall Street
Amazon is a wrecking ball. It has bankrupted bookstores, crippled clothing stores, shaken the grocery industry and turned strip malls into ghost towns.
Temporary ESPN Chief Starts Work In Wake of John Skipper Resignation
ESPN president John Skipper was hiding a substance abuse problem for many years. On Monday, he stopped hiding. Skipper's resignation, which took effect immediately, stunned the sports and media worlds. ESPN hosts and staffers wished him well and privately wondered …
Campbell's Is Buying Snyder's
Campbell Soup is hungry for pretzels, chips and popcorn. Soup sales have lagged, so Campbell announced on Monday that it's buying Snyder's-Lance for $50 a share in an all-cash deal valued at $4.9 billion. Snyder's-Lance makes snacks such as Snyder's …
ESPN President Resigns, Citing Substance Addiction
ESPN president John Skipper resigned on Monday, citing a substance addiction. "I have struggled for many years with a substance addiction," Skipper said in a statement. "I have decided that the most important thing I can do right now is …
19 Men and 1 Woman Among Highest-paid Execs Age 40 and Under
Pay inequality between men and women isn't just a problem for your parents' generation.
