Pink slips continue to fly in the oil patch, with nearly 18,000 layoffs in July alone. That brings the sum of job cuts due to cheap oil to 195,000 since mid-2014, according to Challenger, Gray & Christmas.
The Murdochs are sidestepping many of the questions swirling around Fox News in the wake of Roger Ailes' resignation. But they're being clear about one thing: Fox will retain Ailes' conservative view of the world.
Sports Authority executives that asked for multi-million bonuses were denied that request by the judge presiding over the company's bankruptcy proceedings.
Gun manufacturers are facing a "unique time in our history" because a presidential candidate is "actively campaigning" against the gun industry and criticizing a Supreme Court ruling on guns, the CEO of Sturm Ruger told CNNMoney.
There are growing concerns about slowing sales at Macy's, JC Penney, Kohl's and other retailers. Weak auto sales also are making people worried that the consumer may be tapped out. But Amazon and Home Depot continue to thrive.
SodaStream profits more than doubled as consumers buy more of its sparkling water makers. The stock surged 19% on Tuesday to the highest level in nearly two years.
