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Business News
Americans lost $10.3 billion to internet scams in 2022, FBI says
The revelation was part of an annual report produced by the FBI.
March 13, 2023Foot Locker announces plan to close 400 stores by 2026
Many underperforming mall stores will close to strengthen standalone stores.
March 22, 2023EPA cites 2 oil and gas firms over Permian Basin pollution
Two Texas companies have resolved Clean Air Act violations with the Environmental Protection Agency by agreeing to reduce emissions of planet-warming methane and other harmful pollutants wafting from the nation’s largest oil and gas producing region
March 28, 2023
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2 hours ago
Roku to slash 200 jobs, amounting to 6% of workforce
The announcement matches a previous round of layoffs that slashed 200 jobs.
2 hours ago
3 hours ago
Used car prices are surging. Here's why you should buy now
Well, it was nice while it lasted
3 hours ago
3 hours ago
France rules against extradition of Ukrainian billionaire
A French court of appeal has ruled not to extradite to Ukraine the Ukrainian billionaire businessman Kostyantin Zhevago, who was temporarily detained in France in December
3 hours ago
3 hours ago
CNN preaches patience as ratings tank during turnaround
CNN's leaders are preaching patience as viewers have been abandoning the network during its attempted turnaround
3 hours ago
3 hours ago
Man United report $7.7M net profit in latest results
Manchester United as reported a net profit of 6.3 million pounds in its second quarterly fiscal results
3 hours ago
4 hours ago
MLB debut players will have special patches on jerseys
Players making their big league debuts will be especially marked this season
4 hours ago
March 30
More Americans file for jobless claims; layoffs remain low
U.S. applications for jobless benefits rose last week but remain at historically low levels despite the Federal Reserve’s efforts to cool the economy and job market in its fight against inflation
March 30
March 30
US revises down last quarter's economic growth to 2.6% rate
The U.S. economy maintained its resilience from October through December despite rising interest rates, growing at a 2.6% annual pace, the government said Thursday in a slight downgrade from its previous estimate
March 30
March 30
Lebanon abruptly nixes plan for $122M airport 'Terminal 2'
Lebanon’s caretaker transportation minister says the contract for a new terminal at the country's main airport is cancelled, following an uproar over the lack of public bidding for the $122 million project
March 30
March 30
Average Wall Street bonuses dipped 26% to $176,700 last year
Average Wall Street bonuses dropped sharply last year to $176,700 amid lagging profits and recession fears
March 30
March 30
EU chief urges caution in tech trade with China
European Commission President Ursula von der Leyen says the European Union must be prepared to develop measures to protect trade and investment that China might exploit for its own security and military purposes
March 30
March 30
Responding to Indigenous, Vatican rejects Discovery Doctrine
The Vatican has formally repudiated the “Doctrine of Discovery.”
March 30
March 30
TikTok propaganda labels fall flat in 'huge win' for Russia
Social media platforms often rely on labels to let users know an account is operated by a Russian state propaganda agency
March 30
March 30
4 bankers convicted over Swiss account of longtime Putin pal
Four former bankers with the Swiss affiliate of a key Russian bank have been found guilty of failing to properly check accounts opened in the name of a Russian cellist with longtime ties to President Vladimir Putin
March 30
March 30
Finland says Russia spy operations weakened in Nordic nation
Finland's intelligence agency SUPO says Russia's spy operations in the Nordic nation have been substantially weakened over the past year
March 30
March 30
Fox lawsuit highlights effects of conspiracies on Dominion
Dominion Voting Systems has been ensnared in a web of conspiracy theories that have undermined public confidence in U.S. elections among conservative voters
March 30
March 30
EU reaches provisional deal to raise renewable energy target
European Union countries and negotiators from the EU’s parliament have reached a provisional deal to increase the share of renewables in the bloc’s energy mix
March 30
March 30
French foreign minister hopes Sweden, Finland join NATO soon
France’s top diplomat says she hopes the NATO applications of Sweden and Finland will be “ratified quickly."
March 30
March 30
King Charles III addresses German parliament, meets Scholz
King Charles III has become the first monarch to speak before Germany’s parliament
March 30
March 30
Russia arrests Wall Street Journal reporter on spying charge
Russia’s top security agency says an American reporter for the Wall Street Journal has been arrested on espionage charges
March 30
March 30
Stocks keep climbing as fear keeps falling on Wall Street
Stocks are rising again as more fear evaporates from Wall Street
March 30
March 30
China's No. 2 leader says economy improved in March
China’s new No. 2 leader says its economic recovery improved in March and he promised to stay committed to opening to the world
March 30
March 30
China e-commerce giant Alibaba outlines future strategy
Top executives of Chinese e-commerce and financial giant Alibaba say it plans to spin off some of its sprawling e-commerce and finance empire as independent businesses to make them more flexible and maximize their value
March 30
March 30
House GOP approves broad bill to 'unleash' American energy
House Republicans have passed a sprawling energy package that would counter virtually all of President Joe Biden’s agenda to address climate change
March 30
March 29
New Mexico's new film training academy finds a home
New Mexico's special academy for training workers in the film and television industry is a step closer to fruition
March 29
March 29
Gig workers given paid sick leave under new Seattle law
Most gig workers in Seattle will be permanently entitled to paid sick leave and safe time under a first-in-the-nation law
March 29
March 29
Twitter removes tweets about 'Trans Day of Vengeance'
Twitter says it has removed tweets showing a poster promoting a ‘Trans Day of Vengeance’ protest in support of transgender rights in Washington, D
March 29
March 29
California may end travel ban to states with anti-LGBTQ laws
A California lawmaker wants to end a ban on state-funded travel to states with discriminatory LGBTQ laws
March 29
March 29
Boeing's 1st astronaut flight to space delayed until July
Boeing's first launch of astronauts has been delayed again, this time until July
March 29
March 29
DeSantis' board says Disney stripped them of power
Board members picked by Florida Gov. Ron DeSantis to oversee the governance of Walt Disney World say their Disney-controlled predecessors pulled a fast one on them by passing restrictive covenants that strip the new board of many of its powers
March 29
March 29
How major US stock indexes fared Wednesday 3/29/2023
Stocks rallied as Wall Street shook off more of the fear that dominated it earlier this month
March 29
March 29
Starbucks’ ex-CEO is grilled on union tactics, denies he broke the law
ABC News’ Jay O’Brien reports from Capitol Hill, where Starbucks’ former CEO Howard Schultz was grilled on the company’s tactics at locations attempting to unionize.
March 29
March 29
Court hears appeal of ruling favoring Musk in SolarCity deal
Attorneys for a group of Tesla shareholders are asking Delaware's Supreme Court to overturn a judge’s decision in favor of CEO Elon Musk in a lawsuit challenging the electric car maker’s $2.4 billion acquisition of a solar panel company founded by two ...
March 29
March 29
Lululemon, Cintas rise; UniFirst, Progress Software fall
Stocks that traded heavily or had substantial price changes Wednesday: Lululemon, Cintas rise; UniFirst, Progress Software fall
March 29
March 29
Railroad will use Ohio-based firms for derailment cleanup
Norfolk Southern has agreed to exclusively use Ohio-based businesses to clean up the site of a fiery train derailment last month in a small town near the Pennsylvania state line
March 29
March 29
Congress approves measure to toss Biden's water protections
Congress on Wednesday approved a resolution to overturn the Biden administration's protections for thousands of small streams, wetlands and other waterways
March 29
March 29
Congressional hearing targets 'NIL chaos' in college sports
A congressional hearing targeting what one lawmaker called “NIL chaos” in college sports drifted into the consequences of college athletes being deemed employees
March 29
March 29
Investigators examine pipeline in chocolate factory blast
Federal safety investigators are looking at a natural gas pipeline for fractures and other damage as they gather evidence on the cause of a deadly explosion at a Pennsylvania chocolate factory
March 29
March 29
Judge orders US to resume oil lease sales in North Dakota
A judge has ordered the U.S. government to resume regular oil and gas lease sales on federal lands in North Dakota
March 29
March 29
Italy to punish 'synthetic' food purveyors, protect farmers
Italy’s government has endorsed legislation that would outlaw laboratory-grown food and allow stiff fines for those who make it or sell it
March 29
March 29
Should you buy now, pay later for your wedding?
“Buy now, pay later” plans let you break up your purchase into smaller installments that you pay over a series of weeks or months
March 29
March 29
Adidas withdraws opposition to BLM trademark application
Adidas is withdrawing its challenge to a Black Lives Matter trademark application featuring three parallel stripes, two days after it contested the image with the U.S. Trademark Office
March 29
March 29
Congress to consider new no-fly list for unruly passengers
Congress is taking another look at creating a new no-fly list for unruly passengers
March 29
March 29
Sen. Sanders accuses Starbucks of 'union busting,' former CEO denies claim
Former Starbucks CEO Howard Schulz addressed questions from the Senate HELP committee on allegations of anti-union policies and labor law violations at the company.
March 29
March 29
Starbucks' ex-CEO denies lawbreaking, Sen. Sanders accuses company of 'union busting'
Schultz faced sharp criticism in a hearing on Capitol Hill.
March 29
March 29
GOP lawmakers accuse Fed of being lax before bank failure
Republican lawmakers accused top bank regulators of dawdling as Silicon Valley Bank hurtled toward the second-largest bank failure in U.S. history and questioned whether tougher regulations would have made a difference
March 29
March 29
Musk, scientists call for halt to AI race sparked by ChatGPT
Are tech companies moving too fast in rolling out powerful artificial intelligence technology that could one day outsmart humans
March 29
March 29
Google, others say Uganda anti-LGBTQ bill bad for business
A business group in Uganda including corporate giants such as Google says it opposes the country's anti-LGBTQ legislation, calling it “a concern for global businesses and investors operating or planning to invest” in the East African country
March 29
March 29
US Westinghouse to supply fuel to both Czech nuclear plants
The Czech Republic’s power company says it has signed a deal with U.S. Westinghouse Electric Co. to supply fuel for the Dukovany nuclear plant, eliminating the country’s dependence on Russia for such fuel
March 29
March 29
Ukrainian grain inflow triggers protests in Poland, Bulgaria
Poland's agriculture minister is promising financial support to grain producers and traders as well as easier construction of grain storage rules
March 29