Business News

How Can U.S. Businesses Handle Coronavirus…

While the risk of contracting the virus in the U.S. is low, some businesses are looking for ways to address their employees' concerns.

Fed's Mester says rate cut unnecessary to offset…

A Federal Reserve official says she does not see the need to cut interest rates yet

OxyContin maker Purdue Pharma starts ad campaign…

OxyContin maker Purdue Pharma is rolling out an advertising campaign to let people know they can file claims against the company over the toll of its opioids

The CEO Of Victoria's Secret's Parent Company Is…

The brand has reported a decline in sales, and both the company and its CEO have faced public scrutiny in recent months.

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Cuba opens its annual trade fair for the key cigar sector

Cuba’s annual cigar trade fair has started, bringing thousands of buyers and aficionados of the island’s iconic stogies to sample the latest wares and place orders for sale oversees

Canadian police move to clear indigenous protest in Ontario

Canadian police have moved to clear an indigenous rail blockade in Ontario that has crippled freight and passenger rail traffic in most of eastern Canada for nearly three weeks

Foreign Objects Discovered In Some Boeing 737 Max…

Foreign objects were found in some 737 Max planes being stored in Washington state and in San Antonio.

How major US stock indexes fared Monday

The Dow Jones Industrial Average sank more than 1,000 points Monday as the spread of the new coronavirus threatened wider damage to the global economy

China’s Huawei debuts latest version of folding…

China’s Huawei has unveiled its latest folding smartphone, its first such device to be available internationally

Boy Scouts Of America Files For Bankruptcy…

The BSA is facing hundreds of lawsuits from men who allege they were sexually abused when they were Boy Scouts.

Carter's, Exxon Mobil fall; Newmont, Gilead rise

Stocks that moved heavily or traded substantially on Monday: Carter's, Exxon Mobil fall; Newmont, Gilead rise

Buffett says economy is slowing amid virus fears

Warren Buffett says the economy is slowing amid fears about the virus outbreak in China, but he remains confident in the long-term future of American business

Pier 1 Imports Files For Chapter 11 Protections

The company said Monday it started voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court in Richmond, Virginia.

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Supreme Court hears battle over Atlantic Coast…

The Supreme Court on Monday appeared ready to remove an obstacle to construction of the Atlantic Coast Pipeline

GM to Cease Operations In Australia, New Zealand…

GM's billion dollar restructuring plan will wind down operations in New Zealand and Australia and sell its Thai plant to China's Great Wall Motors.

Chemical firm: US wrong to deny visa for software developer

A U.S.-based chemical company is fighting to obtain a visa for a Ukrainian software developer who has spent years working on a complex computer system the company considers crucial to continuing to do business

Markets tank on concern about virus impact on…

Shares are down sharply and gold prices have surged following reports of a jump in new virus cases outside China

Delta Air Lines Commits $1 Billion To Curb Its…

​The company said it plans to mitigate its use of jet fuel and invest in carbon removal projects, like forestry and wetland restoration.

Scientists gather to study risk from microplastic…

Most people are familiar with the growing crisis caused by plastic bags, water bottles and other large plastic debris contaminating oceans

U.S. Wine Companies Fear 'Catastrophic' Impact Of…

The U.S. trade feud with the European Union could have some dire consequences for the wine industry.

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Liz Weston: Should you shift to a cash management account?

Customers looking for better returns from their savings now have a growing number of alternatives to traditional banks

China promises companies aid, global virus cases…

Regulators in China have promised tax cuts and other aid to help companies recover from its virus outbreak while a spike in new cases abroad raised the prospect of wider disruption to tourism and other industries

BP Promises To Be 'Carbon Neutral' By 2050

The energy firm announced that it will seek to cut pollution from oil and gas enterprises and step up investments in clean energy.