Asian shares are mostly gaining after Wall Street built on its all-time high reached last week, while Japan's central bank has kept its easy credit policy intact
January 22, 2024
The world's 20 best-performing hedge funds generated $67 billion for investors in 2023, roughly triple what they returned in 2022, with
January 22, 2024
Business leaders in Davos say they are increasingly turning to scenario planning to safeguard supply chains and lessen the potential
January 19, 2024
Wendy’s Co. has named a longtime PepsiCo executive as its new CEO
January 18, 2024
India’s newest airline says it will buy 150 Boeing 737 Max aircraft, in the first major announced sale for the manufacturer since a panel blew out of another Max model in midflight earlier this month
January 18, 2024
CNN's new chief executive, Mark Thompson, said in a strategy memo to his staff that the organization needs to recapture the “swagger and innovation” of its youth
January 17, 2024
The world might see its first trillionaire sooner than you think
January 17, 2024
An Associated Press review has found businessman and Trump-backed Ohio U.S. Senate candidate Bernie Moreno faced lawsuits alleging discrimination against employees before he sold his high-end Cleveland car dealership
January 17, 2024
Amazon will partner with Diamond Sports as part of a restructuring agreement as the largest owner of regional sports networks looks to emerge from bankruptcy
January 17, 2024
Shell has reached an agreement with a consortium of companies to sell its onshore business in Nigeria's Niger Delta in a deal worth $2.4 billion
January 16, 2024
More executives are feeling better about the global economy
January 15, 2024
Africa’s biggest oil refinery has begun production in Nigeria after a yearslong wait
January 15, 2024
Chesapeake Energy and Southwestern Energy are combining in a $7.4 billion all-stock deal to form one of the biggest natural gas producers in the U.S. The announcement is just the latest tieup in the energy sector, following a nearly $60 billion deal between Exxon Mobil and Pioneer Natural Resources and a $53 billion deal between Chevron and Hess
January 11, 2024
The Sports Network in Canada is reporting Keith Pelley is leaving the European tour as CEO
January 11, 2024
The executive editor of the Los Angeles Times is stepping down after a 2 1/2-year tenure at the newspaper
January 09, 2024
Asian shares have retreated after a lackluster session on Wall Street, though Tokyo broke ranks, gaining more than 2% after the government said it would double its disaster reserves by nearly $7 billion
January 09, 2024
The Biden administration has enacted a new labor rule that aims to prevent the misclassification of workers as “independent contractors,” a step that could bolster both legal protections and compensation for millions in the U.S. workforce
January 09, 2024
CES, the Consumer Technology Association’s annual show of all-things tech, is kicking off in Las Vegas this week
January 08, 2024
The clock is ticking for Cleveland Browns owner Jimmy Haslam and his family to decide whether to sell their remaining stake in the Pilot truck stop chain to fellow billionaire Warren Buffet's Berkshire Hathaway company
January 08, 2024
Treasury Secretary Janet Yellen has announced that 100,000 businesses have signed up for a new database of that collects ownership information intended to help unmask shell company owners
January 08, 2024
Walgreens is chopping its dividend nearly in half as the drugstore chain looks to strengthen its balance sheet
January 04, 2024
Disney has a new ally in activist investor ValueAct Capital Management, garnering its support for the company’s board nominees as it continues to wage a proxy battle with Nelson Peltz
January 03, 2024
Asian stocks are lower, tracking a weak start to 2024 on Wall Street as Japan's markets reopened
January 03, 2024
Officials with New Mexico’s largest electric utility say a proposed multibillion-dollar merger with a U.S. subsidiary of global energy giant Iberdrola has been scuttled
January 02, 2024
Asian shares are mixed in muted trading on the last trading day of the year
December 28, 2023
It was a tumultuous 2023 for the Chinese economy
December 28, 2023
China's authority in charge of press and publications has approved 105 online games, saying it fully supports the industry after newly proposed curbs caused massive losses for major game companies
December 25, 2023
One of the world’s largest electrical vehicle manufacturers, China’s BYD, will open its first European EV production factory in Hungary, the country’s foreign minister said on Friday
December 22, 2023
Apple on Thursday stopped online sales of two popular models of its internet-connected watch in the U.S. after losing its latest attempt to untangle a patent dispute that’s blocking it from using some of the technology on the device
December 21, 2023
Electric scooter company Bird Global announced Wednesday that it has filed for bankruptcy protection in an attempt to stabilize its wobbly finances
December 21, 2023
The NHL and Diamond Sports Group, the largest owner of regional sports networks, have reached an agreement that will keep local broadcasts for 11 teams on Bally Sports through the end of this season
December 21, 2023
China's Alibaba Group says its CEO Eddie Wu will head its core e-commerce business, as the company seeks to drive growth and fend off fast-growing online shopping rivals like Pinduoduo
December 20, 2023
Germany’s main national railway operator Deutsche Bahn has launched an effort to sell logistics unit DB Schenker as the company seeks to concentrate on its core business at home
December 19, 2023
Germany's central bank says the country's economy is likely to shrink again slightly in the current fourth quarter
December 18, 2023
Asian shares are mixed after a seven-week winning streak on Wall Street cooled
December 18, 2023
Amazon won’t have to pay about $273 million in back taxes after European Union judges ruled in favor of the U.S. e-commerce giant
December 14, 2023
BP says its former chief executive has been denied a payout of 32.4 million pounds, or $41 million, after he was found to have misled the company over his past relationships with colleagues
December 13, 2023
A towering new tower aiming for the vibe of Miami Beach’s venerable Fontainebleau resort is opening on the Las Vegas Strip
December 13, 2023
State media say Chinese leaders have wrapped up a two-day annual meeting to set economic priorities for the coming year
December 12, 2023
SmileDirectClub is shutting down — just months after the struggling teeth-straightening company filed for bankruptcy protection
December 11, 2023
A former U.S. Navy SEAL who says he shot Osama bin Laden is at the center of a much different fight over plans to open a military-themed brewery in Norfolk, Virginia
December 10, 2023
Starbucks says it’s committed to bargaining with its unionized workers and reaching labor agreements next year
December 08, 2023
More than 1,100 unionized DHL Express workers walked off the job at Cincinnati/Northern Kentucky International Airport (CVG), a critical logistics hub for the package delivery company, during the busiest time of the year
December 08, 2023
Levi Strauss & Co. says that its CEO will step down in January and hand over the reins of the jeans maker to his appointed successor
December 07, 2023
Uber's stock is set to join the S&P 500 index later this month
December 04, 2023
Billionaire vacuum cleaner tycoon James Dyson has lost a libel lawsuit against the Daily Mirror
December 01, 2023
A judge has sided with Daryl Hall in his request to keep temporarily blocking John Oates from selling his potentially lucrative share of the Hall & Oates duo’s joint venture without his longtime partner’s permission
November 30, 2023
Private equity giant Blackstone will acquire the pet care app Rover in an all-cash deal valued at $2.3 billion, the companies announced Wednesday
November 29, 2023
SenseTime, a major Chinese artificial intelligence company known for its facial recognition technology, has rejected claims by a research company that it has inflated its revenue
November 28, 2023
Daryl Hall has sued his longtime music partner John Oates, arguing that his plan to sell off his share of a joint venture would violate a business agreement the duo had
November 24, 2023
Clorox's chief information security officer, Amy Bogac, has left the company as it works to recover from a cyberattack, Bloomberg News reported on Wednesday, citing an internal memo.
November 15, 2023
A European company has cancelled plans to build blades for offshore wind turbines in coastal Virginia
November 10, 2023
Spirits and beer giant Diageo saw billions wiped off its market value on Friday after it warned that a sharp slowdown in its business in Latin America and the Caribbean was hitting sales and potential profits
November 10, 2023
Jezebel, the sharp-edged feminist website founded at the height of blogosphere era, is shutting down after 16 years
November 09, 2023
Apple might end up on the hook after all for billions of euros in back taxes to Ireland in the latest twist in a longrunning European Union dispute
November 09, 2023
JPMorgan on Wednesday said it is teaming up with Bpifrance to invest around $60 million in private investment firms led by women in France, where the bank has its
November 08, 2023
Nintendo is reporting an 18% rise in its net profit for the first fiscal half, as sales were boosted by its hit Super Mario movie
November 07, 2023
The Walt Disney Co. on Monday named 34-year PepsiCo veteran Hugh Johnston as its new chief financial officer
November 06, 2023
The Washington Post has named veteran media executive Will Lewis to serve as its new CEO and publisher
November 05, 2023
Stellantis plans to build a new midsize pickup truck, along with battery-run versions of six Jeep, Ram and Dodge vehicles
November 04, 2023
Amazon is saying goodbye to its clothing stores
November 02, 2023
Apple’s sales remained on a downward slope during the summer
November 02, 2023
The CEO of the National Association of Realtors is stepping down nearly two months before his planned retirement
November 02, 2023
Beyond Meat is cutting 19% of its non-production workforce after a weaker-than-expected third quarter
November 02, 2023
Customers fell for Starbucks’ fall menu in its fiscal fourth quarter, helping the company achieve record revenue with Pumpkin Spice Lattes and apple croissants
November 02, 2023
DoorDash reported better-than-expected sales in the third quarter as it gained users and they ordered more frequently
November 01, 2023
Three energy companies including U.S. Westinghouse, France’s EdF and Korea’s KHNP, have submitted their final bids to build the Czech Republic’s newest reactor at the Dukovany nuclear power station as the country strives to become more energy-independent and wean itself off fossil fuels
October 31, 2023
Samsung Electronics has reported its highest quarterly profit for the year
October 31, 2023
McDonald’s said Monday it’s pumping the brakes on higher prices and focusing more on value meals after seeing a drop-off in visits by some customers
October 30, 2023
Asian shares are trading mostly lower as investors look ahead to a week that could see more swings in financial markets, including key reports on U.S. consumer confidence and the job market
October 30, 2023
The billionaire Haslam family says in a lawsuit that Warren Buffett and Berkshire Hathaway are trying to artificially depress the price the company is obligated to pay for the family’s remaining 20% stake in the Pilot Travel Centers truck stop company after paying nearly $11 billion since 2017 for the first 80% it bought
October 27, 2023
Chinese telecoms equipment maker Huawei Technologies has reported its profit inched higher in the first three quarters of this year despite persisting U.S. sanctions that have hindered both its sales and its purchases of advanced technology
October 27, 2023
One year ago, billionaire Elon Musk walked into Twitter’s San Francisco headquarters with a white bathroom sink and a grin, fired its CEO and other top executives and began transforming the social media platform into what is now known as X
October 27, 2023
If a business is run by an AI and it causes you harm, could you sue the AI?
October 26, 2023
Russia's deadly attack on a beloved pizzeria in eastern Ukraine in June was painful for residents
October 26, 2023
Bud Light is set to return as the official beer of the UFC in the U.S. next year as the brand tries to recover from a conservative backlash to a promotion with a transgender influencer
October 25, 2023
Construction of Hyundai's first U.S. plant dedicated to making electric vehicles is moving quickly
October 25, 2023
Boeing is reporting a loss of $1.64 billion in the third quarter
October 25, 2023
Formula One fanatics will get more behind-the-scenes access to the global motorsports series through a new CNBC documentary that explores the business aspects of the highest form of racing in the world
October 24, 2023
Coca-Cola is raising its full-year revenue forecast after a stronger-than-expected third quarter
October 24, 2023
Qatar Airways Group chief executive Akbar Al Baker is stepping down after 27 years at the helm of the company
October 23, 2023
American Airlines is reporting a $545 million loss for the third quarter due to higher labor costs
October 19, 2023
Asian shares have retreated as the prospect of a 5% yield on the 10-year U.S. Treasury for the first time since 2007 added to pressure on Wall Street
October 19, 2023
Washington Attorney General Bob Ferguson’s long-running legal case against the thrift store chain Savers Value Village turned out to be no bargain, as the state has been ordered to pay the company nearly $4.3 million in legal fees
October 18, 2023
Tesla has reported that its net income slumped in the third quarter versus a year earlier
October 18, 2023
A South Korean company has begun production at a huge solar panel factory in Georgia
October 18, 2023
The summer travel season was very good for U.S. airlines, but rising fuel prices and the Israel-Hamas war are setting up a turbulent fourth quarter
October 17, 2023
A medical waste processing company has pleaded guilty to dozens environment-related charges and agreed to pay $1.75 million in fines after state prosecutors accused a south Baltimore incineration plant of exposing the public to biohazardous material
October 17, 2023
Wyndham says its board is unanimously rejecting Choice Hotels' unsolicited buyout offer worth nearly $8 billion
October 17, 2023
Jet engine maker Rolls-Royce says it’s cutting up to 2,500 jobs globally as part of a corporate overhaul that its new CEO is carrying out
October 17, 2023
Charles and Kathleen Moore are about to have their day in the Supreme Court over a $15,000 tax bill they believe is unconstitutional
October 15, 2023
The European Union is ordering U.S. biotech giant Illumina to undo its $7.1 billion purchase of cancer-screening company Grail because it closed the deal without approval of regulators
October 12, 2023
New York is dramatically expanding a legal marijuana market plagued by a sluggish rollout of retail stores
October 12, 2023
The Internal Revenue Service says Microsoft owes the U.S. Treasury $28.9 billion in back taxes, plus penalties and interest
October 11, 2023
Plans by the Port of South Louisiana to purchase what was once a major shipyard for construction of military vessels have been delayed
October 11, 2023
Birkenstock shares have tumbled in their debut on the New York Stock Exchange as Wall Street traded in its wingtips for sandals for a day
October 11, 2023
Birkenstock has set a price for its initial public offering of stock that values the 249-year-old German maker of upmarket sandals at $8.64 billion
October 10, 2023
Lexington Candy Shop has had a line outside for over a year since a TikTok of its Coke float went viral
October 08, 2023
Starbucks Corp must provide U.S. regulators with documents detailing its spending on efforts to discuss unionizing with workers, part of the agency's probe into whether
October 06, 2023
Shares in the troubled British lender Metro Bank have bounced back by a third on reports that it has been sounding out bigger rivals to buy a chunk of its assets
October 06, 2023
Investor Charlie Munger, Warren Buffett’s right-hand man for more than five decades, has made a $40 million gift to a California museum he has supported in the past
October 05, 2023
History suggests that there’s risk of overplaying one’s hand when new technology is lurking.
October 05, 2023
United Airlines is making its second large order of new planes in less than a year, again seeking a mix of 110 aircraft from Boeing and rival Airbus as it renews its fleet
October 03, 2023
The NBA returns to Abu Dhabi this week
October 03, 2023
Federal Reserve officials typically gather many of their insights and observations about the economy from some of the top Ph.D. economists in Washington
October 02, 2023
It started as a crude sketch of a circle with a stick person inside
September 29, 2023
Billionaire Ryan Cohen, the largest individual investor in GameStop, is taking over as CEO at the video game retailer
September 28, 2023
The European Union’s executive arm is blocking leading U.S. online travel agency Booking from acquiring Sweden’s flight booking provider Etraveli Group
September 25, 2023
The head of the Anti-Defamation League said in a post on X on Thursday that he was in touch with Adidas CEO Bjorn Gulden who apologized for his remarks about Kanye West and reiterated the sportswear company’s fight to end antisemitism
September 21, 2023
Artificial intelligence tools that can conjure whimsical artwork or realistic-looking images from written commands started wowing crowds last year
September 21, 2023
Toshiba says a 2 trillion yen ($14 billion) tender offer for the troubled electronics and energy giant by a Japanese consortium has been completed, clearing the way for it to be delisted
September 21, 2023
Governors from the Southwestern United States are pursuing stronger business ties with Taiwan in hopes of attracting new foreign investments and jobs to their landlocked states
September 20, 2023
The Walt Disney Co. is planning to invest approximately $60 billion into its theme parks and cruise lines over the next decade, as the company looks to continue growing one of its more successful business segments
September 19, 2023
Foreign companies operating in China say tensions with Washington over technology, trade and other issues and uncertainty over Chinese policies are damaging the business environment and causing some to reassess their plans for investing in the giant market
September 19, 2023
Turf Paradise, a racetrack that has been a staple of horse racing in Arizona for decades, announced Monday it will cease live racing
September 19, 2023
A top product executive at Microsoft who launched its Surface line of devices and Windows 11 is leaving the company
September 18, 2023
Turkish President Recep Tayyip Erdogan has called on Elon Musk, the head of electric carmaker Tesla, to establish a factory in Turkey
September 18, 2023
Kenya’s president is wooing American tech companies, promising a business-friendly environment — even though he has raised taxes on businesses at home
September 15, 2023
If Sean “Diddy” Combs had a choice, the self-proclaimed serial entrepreneur would be hunkered down in a recording studio rather than running his many successful businesses
September 14, 2023
Longtime Starbucks leader Howard Schultz is stepping down from the company’s board of directors
September 13, 2023Apple on Tuesday unveiled its next generation of iPhones — a lineup that will boast better cameras, faster processors, a new charging system and a price hike for the fanciest model
September 11, 2023
FBI must be independent and above the partisan fray, outgoing director says in farewell address
US Supreme Court justices weigh in on TikTok bid to avoid ban
Japanese foreign minister to attend Trump swearing-in - Nikkei
Biden and Zelenskiy discuss US support for Ukraine, sanctions, air defenses
Zelenskiy: Sanctions on Russian oil significantly affect Moscow's war financing
As China hacking threat builds, Biden to order tougher cybersecurity standards
Lakers coach JJ Redick, Kentucky Derby-winning jockey Mario Gutierrez lose their homes in wildfires
California firefighters and fire victims flock to Rose Bowl camp
Prime Video's use of AI, Next Gen Stats on NFL games is helping viewers understand the game better