Business Highlights
Software, created by Los Angeles-based The Drink Exchange, tracks what drinkers buy and flashes the changing prices of more than two dozen tequila brands on TV screens hung on the bar's walls.
A widening wealth gap is moving more households into either higher or lower-income groups in major metro areas, with fewer remaining in the middle, according to a report released Wednesday by the Pew Research Center.
MOSCOW (AP) — The thousands of Russian names on a list of offshore companies suggests President Vladimir Putin's effort to crack down on such entities is ineffective, experts say, and highlights how keeping wealth abroad remains one of the few ways to keep it safe from corrupt local officials.
A database published by investigative journalists on Monday showed over 6,000 Russian citizens and legal entities own or manage offshore companies through Panamanian law firm Mossack Fonseca.
Google's decision could have as much or even more impact on curtailing the industry than any move by politicians, as many payday loans start with a desperate person searching online for ways to make ends meet or cover an emergency.
The industry will join Google's other banned categories of ads, such as counterfeit goods, weapons, explosives, tobacco products and hate speech.
NEW YORK (AP) — Macy's slashed its full-year profit and sales expectations as the department store chain struggles to lure shoppers seemingly in an extended funk.
TOKYO (AP) — Toyota Motor Corp. is projecting a 35 percent plunge in profit for the fiscal year through March 2017, as the perks of a favorable exchange rate fade, and it reported a 4 percent drop in profit for January-March on-year at 426.6 billion yen ($3.9 billion).
The company has said it carried out false tests and gave inflated mileage on minicars known as "kei," whose production began in 2013, called eK wagon and eK Space light passenger cars under its own brand and Dayz and Dayz Roox t