Illinois, Chicago letter to Amazon: $2 billion in tax breaks, and maybe more – Chicago Tribune

Billing Illinois and Chicago as an “extraordinary opportunity for Amazon” to locate its second headquarters, state and city political leaders entered the nationwide competition to land the online retail giant’s 50,000 jobs by offering $2 billion in incentives while hinting they were willing to dig even deeper, sources familiar with the bid confirmed Monday. In […]

Report: Bill O’Reilly settled sexual harassment claim from Fox News contributor for $32 million – Washington Post

A new report says that Bill O’Reilly settled a sexual harassment allegation by a longtime Fox News contributor before his “O’Reilly Factor”contract was renewed. (Richard Drew/AP) Former Fox News host Bill O’Reilly secretly settled a sexual harassment allegation with a network contributor for $32 million — the largest, by far, of six such agreements that […]

Airbus turmoil overshadows bid to rescue CSeries – Reuters

PARIS (Reuters) – Airbus’s (AIR.PA) coup in buying a $6 billion Canadian jetliner project for a dollar stunned investors and took the spotlight off a growing ethics row last week, but internal disarray has raised questions over how smoothly it can implement the deal. The European planemaker secured the deal for Bombardier’s (BBDb.TO) CSeries program […]

Questions and answers on proposed ban on laptops in luggage – Washington Post

WASHINGTON — First the U.S. government temporarily banned laptops in the cabins of some airplanes. Now it is looking to ban them from checked luggage on international flights, citing the risk of potentially catastrophic fires. The Federal Aviation Administration recently recommended that the U.N. agency that sets global aviation standards prohibit passengers from putting laptops […]

General Electric profit falls, missing expectations, will cut $20 billion in businesses – USA TODAY

General Electric profit falls, missing expectations, will cut $20 billion in businesses – USA TODAY

GE earnings dip, missing Wall Street’s expectations.(Photo: Gene J. Puskar, AP) General Electric’s earnings tumbled in the third quarter, missing Wall Street’s expectations as the company said that it will pare $20 billion in businesses within the next two years to make its operations more efficient.     x Embed x Share CLOSE Hurricane Maria left a path of destruction in […]

8th child reported killed by recalled Ikea dresser – ABC News

An eighth child has been killed by an Ikea dresser that was recalled more than a year ago because of its propensity to tip over. Two-year-old Jozef Dudek of California was killed when a three-drawer Ikea dresser tipped over and crushed him during naptime. The family’s lawyer, Daniel J. Mann of Philadelphia, said the accident […]

US FDA approves Gilead cancer gene therapy; price set at $373000 – Reuters

(Reuters) – U.S. regulators approved on Wednesday a new therapy for a type of lymphoma, which was developed by Gilead Science Inc’s Kite Pharma, marking the second approval for this potentially revolutionary approach to fighting cancer. The Food and Drug Administration approved the gene therapy, to be sold under the name Yescarta, to treat adults […]

Blue Apron is laying off hundreds of employees – TechCrunch

As Blue Apron approaches its next earnings report in a couple of weeks, the company said Wednesday that it is laying off 6 percent of its staff as part of “a company-wide realignment of personnel to support its strategic priorities.” Blue Apron was one of the big — and most anticipated — consumer IPOs of the year, […]