Business

February 08, 2018 - 3:05 pm
(KJCE) -- Stock markets veered lower Thursday, plummeting into what many experts call correction territory. The Dow Jones Industrial Average dropped 1,033 points or 4.15% Thursday, closing at 23860.67. The S&P 500 dropped 100 points, closing at 2581.08. BREAKING: Dow closes down more than 1,000...
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February 05, 2018 - 2:22 pm
(NEW YORK) -- The Dow Jones Industrial Average plunged 1,175 points on Monday, its largest one-day point drop in history, to close at 24,345, a decline of 4.6 percent. At one point the Dow was down more than 1,500 points before slightly rebounding at the closing bell. The previous record decline...
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January 24, 2018 - 9:56 am
American drivers are beginning to embrace self-driving vehicles, according to a new study from AAA. The annual survey reveals that 63 percent of U.S. drivers report feeling afraid to ride in a fully self-driving vehicle, a significant decrease from 78 percent in early 2017. Millennial and male...
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August 04, 2017 - 7:02 am
(KJCE) Ford may be closer to a recall involving its Ford Explorer Police Interceptor vehicles, according to a report from CBS News. The move comes as police departments across the country are reporting instances of cracked exhaust manifolds. An ongoing investigation by the National Highway Traffic...
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July 23, 2017 - 10:27 pm
BUDA (KJCE) - H-E-B is warning shoppers at its Buda store Sunday afternoon about a precautionary product recall affecting fresh ground beef. The grocery chain says it is recalling its Fresh Ground Chuck 80/20 packed on styrofoam trays with a time stamp of 4:30 p.m. or later on July 23, due to the...
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July 17, 2017 - 6:19 pm
AUSTIN (KJCE) - Merck, a leading global biopharmaceutical company, will bring its newest IT Hub to Austin, along with 600 jobs. Governor Greg Abbott and other officials announced the move today, following a Texas Enterprise Fund (TEF) grant of $6 million. The TEF grant follows a 10-year, $856,000...
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Stock photo/Dreamstime
June 30, 2017 - 7:34 am
(KJCE) If your backyard grill is going to be getting a workout over the July 4th holiday, it will cost you slightly less at the grocery store this year. A new survey from the American Farm Bureau Federation puts the average cost of a summer cookout for 10 people at $55.70. That's a slight decrease...
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Nintendo of America
June 26, 2017 - 5:00 pm
(KJCE) Go ahead and get a comfortable pair of shoes for standing in line... Nintendo is following up its NES Classic gaming system, which took the 2016 holiday season by storm, with a version based on the Super Nintendo. The Super Nintendo Classic Edition will hit stores on September 29. Like its 8...
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June 16, 2017 - 8:13 am
(Austin/KJCE) E-commerce giant Amazon has reached a deal to buy Austin-based Whole Foods Market. According to a statement, Amazon will acquire Whole Foods Market for $42 per share in an all-cash transaction valued at approximately $13.7 billion, including Whole Foods Market’s net debt. “Millions of...
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May 28, 2017 - 9:55 am
(KJCE) If you visited one of 22 Austin-area Chipotle restaurants in late March or early April, you may want to check your bank statements. The company announced more details on a security breach it originally announced last month. Officials say hackers installed malware designed to access customers...
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