Say goodbye to the fingerprint; it's your digital footprint the FBI wants

Business / Business News /

WASHINGTON -- The era of the fingerprint has given way to the digital footprint.

Counterterrorism investigators still rely heavily on tools such as surveillance cameras, license plate readers and facial recognition software to track potential terror plots in the physical realm. But they now delve with as much vigor into the social media ...Read more

3M profits beat expectations, but company lowers 2016 forecast

Business / Business News /

MINNEAPOLIS -- Sinking electronics and lackluster industrial sales growth again hamstrung 3M Co., prompting flat sales for the third quarter and narrowed profit expectations for the full year.

In a conference call with Wall Street analysts Tuesday, CEO Inge Thulin said 3M's third quarter was marked by increased earnings, robust cash flow and ...Read more

Higher US prices push GM to $2.8B third-quarter profit

Business / Business News /

DETROIT -- General Motors earned a profit of $2.8 billion in the third quarter, exceeding Wall Street estimates and doubling its year-earlier haul, yet the automaker still saw its shares sink Tuesday as investors remain convinced that new vehicle sales in North America have nowhere to go but down.

On a per-share basis, GM earned $1.72, easily ...Read more

Under Armour takes stock price hit amid soaring earnings and sales

Business / Business News /

BALTIMORE -- Under Armour's stock swooned Tuesday even as the Baltimore-based athletic brand reported that sales and profits soared in the third quarter.

The company's shares plunged more than 13 percent Tuesday, closing at $32.89 each, after its executives warned of a weaker-than-expected growth outlook for the next two years.

"I believe we ...Read more

Even Tom Hanks' star power won't be enough to light up Sony's 'Inferno'

Business / Business News /

LOS ANGELES -- Ron Howard's "Inferno," which sees Tom Hanks resuming his role as a globe-trotting professor, should top the box-office charts this weekend as the sole new release in theaters. But a No. 1 opening does not always a successful movie make.

The Sony Pictures sequel to "Angels & Demons" and "The Da Vinci Code" is expected to gross $...Read more

Fiat Chrysler earns $659 million profit in third quarter

Business / Business News /

DETROIT -- Fiat Chrysler Automobiles said Tuesday it earned a profit of $659 million during the third quarter as its net income improved in three out of four global regions.

The quarterly profit compares with a loss of $421 million during the same period last year, when the automaker took a massive one-time charge to cover the cost of future ...Read more

Largest auto-scandal settlement in US history approved

Business / Business News /

A federal judge has approved a $14.7 billion settlement in the Volkswagen emissions-cheating case, the largest auto-scandal settlement in U.S. history.

The deal, approved Tuesday, gives about 475,000 owners of Volkswagens and Audis with 2-liter diesel engines the opportunity to have their cars bought back or modified by Volkswagen and to seek ...Read more

Uber's self-driving truck makes its first commercial delivery: beer

Business / Business News /

The first commercial shipment by a self-driving truck was a beer run.

Uber Technologies Inc.'s self-driving trucking unit, Otto, said Tuesday it partnered with brewing giant Anheuser-Busch Cos. to carry 51,744 cans of Budweiser on a shipment through Colorado.

"Yes, you can go out right now and buy a can of beer that was shipped by a self-...Read more

There's money to be made in linking to Amazon

Business / Business News /

Like many tech publications, gadget review website the Wirecutter tests products and recommends which ones to buy. But unlike others in the tech press that rely on advertising or subscriptions, the Wirecutter earns money through hyperlinks.

Whenever readers click a link on the site and make a purchase from an online merchant such as,...Read more

If AT&T swallows Time Warner, who might be gobbled up next?

Business / Business News /

LOS ANGELES -- Wall Street gave a cool reception Monday to AT&T's plan to buy Time Warner Inc., illustrating sharply divergent views on whether the blockbuster deal will usher in a new era of media consolidation or merely more scrutiny from federal regulators.

But the uncertainty didn't stop some analysts from speculating about various ...Read more

Philly Checkers closed after video about worker's video goes viral

Business / Business News /

PHILADELPHIA -- A Checkers restaurant in Philadelphia was shut down and several employees were fired after a worker posted a video describing how he wiped the floor and blew his nose using hamburger buns, spit and sneezed on food, and claimed workers were having sex with customers in the kitchen.

The drive-thru, on the 7100 block of Stenton ...Read more

Rex Huppke: Take just one step forward on your career goals

Business / Business News /

It's the time of year when we start saying things like, "Wow, I can't believe it's almost the end of the year" and, "Wow, I've accomplished literally none of the career goals I set out to achieve" and, "Wow, I'm despondent and filled with shame."

Good times.

What's unfortunate -- aside from our abject failure -- is that many of us tend to ...Read more

Liz Reyer: Confronting workplace bullying requires a plan

Business / Business News /

Q: I like my job, but there are a couple of people there who get away with bullying others. While I haven't been directly targeted so far, I find it very stressful. I also feel like I should be doing something to help stop the behavior, even though these individuals are in a different work group (one is actually a fairly senior manager). What ...Read more

Balancing Act: Getting help with a return to work

Business / Business News /

Gloria Samayoa at SapientNitro's Miami office has been sifting through resumes as the New York-based digital marketing agency expands its new career return program to her office. The 12-week paid program for advertising professionals, which piloted in New York and Toronto, has spread to Chicago, Atlanta and London. It has led to full-time ...Read more

Your Office Coach: Boss' son will be my intern

Business / Business News /

Q: My boss recently informed us that his son "Kyle" will be working here as an intern for several months. He then announced that Kyle will be reporting to me. This seems to have put me in a very uncomfortable position.

Apparently, my boss sweet-talked our CEO into approving this arrangement, so Kyle's internship is a done deal. However, I have ...Read more

Diane Stafford: Female business owners say they need mentors, money and marketing help

Business / Business News /

Nationally, three out of 10 small businesses are owned by women. A measly 2 percent of them have broken the $1 million mark in revenues. Why?

That question motivated Erin Joy, founder of Black Dress Partners, a business consulting organization. Joy and her team surveyed 5,000 female business owners in Missouri, Illinois, Indiana, Iowa and ...Read more

Elon Musk describes his vision for human habitats on Mars

Business / Business News /

SpaceX Chief Executive Elon Musk answered questions about his plans to send humans to Mars in a Reddit Ask Me Anything session Sunday afternoon that prompted thousands of reader comments.

The question-and-answer session was intended as a follow-up to Musk's speech at the International Astronautical Congress in Guadalajara, Mexico, last month, ...Read more

Rockwell Collins to buy B/E Aerospace for $6.4 billion

Business / Business News /

Aviation communications and electronics supplier Rockwell Collins Inc. will acquire aircraft cabin equipment maker B/E Aerospace Inc. for $6.4 billion, the companies announced Sunday.

Cedar Rapids, Iowa-based Rockwell will also assume $1.9 billion of net debt.

Under the terms of the deal, shareholders of B/E Aerospace will receive $62 per ...Read more

Buick surprises, Asian brands dominate reliability ranking

Business / Business News /

DETROIT -- Buick is ranked third in the latest annual Consumer Reports ranking of the most reliable automotive brands, marking the first time a domestic brand has been in the top three.

Even so, Asian brands continued to dominate the influential consumer magazine's rankings.

Of 29 brands, Asian nameplates accounted for 7 of the top 10 spots. ...Read more

Big banks roll out Zelle, a money-transfer app to take on Venmo

Business / Business News /

WASHINGTON -- The nation's biggest banks, including JPMorgan Chase & Co., Wells Fargo & Co., and Bank of America Corp., are rolling out a new money-transfer app called Zelle to take on Venmo and other mobile payment upstarts.

A consortium of 23 financial institutions previewed Zelle, which will be available next year, at an industry conference ...Read more