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Business News - ArcaMax Publishing

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Trump will be a cable news boon, challenge


NEW YORK -- Cable news networks had reason to feel bittersweet about the end of 2016 as Donald Trump's historic campaign for the White House drove their ratings to record levels. But in the days leading up to his inauguration as the 45th president...

The Week Ahead: Earnings, the economy and expectations


The week ahead promises plenty of news for investors. It'll be the first workweek for President Donald Trump and his administration. The heart of fourth-quarter corporate earnings season will begin. And the preliminary data on the 2016 American ...

Mark Phelan: Detroit auto show hits and misses


From affordable small SUVs to all manner of family sedan, sporty and luxury cars, the soon-to-conclude 2017 North American International Auto Show at Cobo Center in Detroit embodies the variety of vehicles on sale. There's plenty of technology, ...

Feds suit says TCF tricked customers on overdraft fees


WASHINGTON -- The Consumer Finance Protection Bureau, or CFPB, sued TCF Bank Thursday, claiming that the bank tricked customers into paying a $35 service fee to cover each overdraft on their accounts. The suit accuses TCF, headquartered outside ...

Costco to pay $11.75M over handling of opioids and other drugs


SEATTLE -- Costco will pay the U.S. government $11.75 million to settle allegations that some of its pharmacies improperly filled prescriptions for controlled substances, the U.S. Justice Department said Thursday. The Justice Department alleged ...

Tesla cleared in fatal Autopilot crash


SAN JOSE, Calif. -- The National Highway Traffic Safety Administration said Thursday it has closed an investigation of a fatal Tesla Autopilot Tesla crash, finding no defects and declining to issue a recall notice. The six-month investigation ...

Amazon Web Services passes Google on most popular list


SEATTLE -- In some corners of the high-tech workplace, is more popular than Google. Services built by Amazon Web Services, Amazon's cloud-computing division, were the fourth most popular workplace web application in November, up one ...

Hidden traps that cause startups to fail, and how to avoid them


Venturing into the world of entrepreneurship can be exciting. But, the early days of a business are also the time when your venture is most vulnerable to failure. About 25 percent of startups fail within a year, and 50 percent fail within the ...

On the House: When a new fence fails to impress


Q: I recently had a new fence installed, and I am pretty unhappy about it. The wood quality is terrible, as if they used seconds. The salesman said this is the way the fence should look. I have only paid half the total cost. Should I ask them to ...

Could the 30-year mortgage survive without the government?


WASHINGTON -- Republicans are raising the prospect of making the biggest change to home loans since the New Deal. Two of President-elect Donald Trump's Cabinet picks, along with Republican lawmakers, have been speaking publicly about curbing ...