Business News

Asian shares have advanced after China reported its economy expanded at an 18% annual pace in the first quarter of the year

A global epidemic of digital extortion known as ransomware is crippling local governments, hospitals, school districts and businesses by scrambling their data files until they pay up

Turkey’s central bank is banning the use of cryptocurrencies such as bitcoin in payments for goods and services

China’s economic growth surged to 18.3% over a year earlier in the first quarter of 2021 but an explosive rebound in factory and consumer activity following the coronavirus pandemic was leveling off

A South Korean steelmaker on Friday said it plans to end a joint venture with a military-controlled firm in Myanmar following criticism that its business has benefited military leaders who have violently suppressed pro-democracy protests there

The U.S. is expelling 10 Russian diplomats and ordering sanctions against dozens of other people and companies

Six Russian technology companies have been slapped with sanctions by the U_S_ Treasury Department for supporting Kremlin intelligence agencies for engaging in “dangerous and disruptive cyber attacks."

Asian shares are mixed as jubilance over positive U.S. economic data and a Wall Street record high were tempered by caution in the region, where the coronavirus vaccine rollout has lagged

The California Legislature has passed a bill requiring some hotels and event centers to offer laid-off workers their jobs back

Delta Air Lines says it lost $1.2 billion in the first quarter, but the airline thinks it can be profitable by late summer unless there's a resurgence of COVID-19

House Democrats has approved legislation that they say would help close the gap between what men and women are paid in the workplace, though the measure faces little chance of overcoming Republican opposition in the Senate

CBS says it is combining its network news division and troubled group of local stations into a new unit, and has hired two new executives to run it

Stocks rallied to more record highs on Wall Street as a suite of stellar data suggested the recovery for the economy and corporate profits is accelerating

Stocks that traded heavily or had substantial price changes Thursday: UnitedHealth, Abiomed rise; Delta, Virgin Galactic fall

Closing prices for crude oil, gold and other commodities, and foreign exchange levels

After a union battle at an Alabama warehouse, Amazon founder Jeff Bezos said that as executive chairman he will focus on making the company a better place to work

A much-awaited economic boom coming off the pandemic recession appeared to edge closer to reality Thursday with fresh data showing the pace of layoffs dwindling, consumers spending freely and manufacturing rebounding

A group that seeks higher guaranteed wages for restaurant workers is suing Olive Garden’s parent company

Thousands of Berliners have taken to the streets to protest a ruling by Germany’s highest court that a cap on rent prices implemented last year by Berlin’s left-wing state government is unconstitutional and void

More than a dozen consumer groups and three federal employee unions are asking the U.S. government to stop using vehicles in its fleet with unrepaired safety recalls

Mercedes-Benz has a new luxury car and it's electric powered

Mortgage rates fell for a second straight week amid signs of economic improvement

It's time for big companies to show that their huge stock-price moves over the last year were warranted

UnitedHealth’s first-quarter profit jumped about 44%, and the nation’s largest health insurer also hiked its 2021 outlook despite expecting more hits from the COVID-19 pandemic

The Middle East’s largest operator of malls expects revenue and earnings to climb back to pre-pandemic levels by the end of next year and is moving full steam ahead with plans to develop its biggest mall ever

Citigroup says profits more than tripled in the first quarter, helped by the release of billions of dollars from its loan-loss reserves

Thermo Fisher is buying clinical research company PPD in a deal valued at $17.4 billion

Newly vaccinated and armed with $1,400 stimulus checks, Americans went on a spending spree last month, buying new clothes and going out to eat again

American industry rebounded last month as the United States recovered from an unusually frigid February

Walmart and some institutional investors have joined the latest investment in Cruise, bumping the capital influx into the General Motors autonomous vehicle subsidiary from about $2 billion to $2.75 billion

U.S. retail sales soared 9.8% in March as more Americans were vaccinated and spent $1,400 stimulus checks

Turkey’s central bank has kept a key interest rate unchanged at 19%, in its first rate decision since the surprise appointment of a new governor that shook confidence in the country's economy

A top official from the World Health Organization says Europe has surpassed 1 million deaths from COVID-19

Bank of America’s profits doubled in the first quarter, the bank said Thursday, as the improving economy allowed it to release billions from its loan-loss reserves that it originally set aside in the early days of the pandemic

“Hillbilly Elegy” author J

The European Union’s highest court has backed the bloc’s decision to ban as of July the practice of using electric shocks to stun fish before scooping them up in nets

Taiwan Semiconductor Manufacturing Co., the world’s biggest contract manufacturer of processor chips, says quarterly profit rose 16.7% over a year ago as global demand strengthened

Until Bernie Madoff’s scheme came crashing down and the biggest Ponzi scheme in Wall Street’s history came to light, he appeared as a charming wizard with a Midas touch

Asian stock markets are mixed after Wall Street retreated from a record high as major banks announced strong profits

Federal officials announced Wednesday that farmers who rely on a massive irrigation project spanning the Oregon-California border will get 8% of the deliveries they need amid a severe drought

Bernie Madoff, the financier who pleaded guilty to orchestrating a massive Ponzi scheme, has died in prison

A new study says leaving middle seats open could reduce the risk of airline passengers contracting the virus that causes COVID-19

She is the first Black woman to lead a major broadcast news network.

A pushback against new voting bills and laws in numerous states is gaining momentum

Officials in Tennessee say the Texas-based Oracle Corporation plans to bring 8,500 jobs and a $1.2 billion investment to Nashville

Walmart is moving more of its workers to full time

Coinbase has made a rousing debut on Wall Street

Most U.S. stocks rose Wednesday following an encouraging start to what’s expected to be a thunderous earnings reporting season, but major indexes still ended mixed as drops in several tech heavyweights including Apple and Facebook weighed them down

Stocks that traded heavily or had substantial price changes Wednesday: Moderna, Valero rise; Stitch Fix, Discovery fall

The Treasury Department is creating a new office to supervise the disbursement of the billions of dollars in relief money passed by Congress to combat the coronavirus-related recession