Latest Business Headlines
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28m ago
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Tesla reduces prices on Models S and X amid stock slump
Faced with a slumping stock price and questions about demand for its vehicles, Tesla has lowered the U.S. base prices of its 2 most expensive models28m ago
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58m ago
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Fired Bloomingdale’s employee sues over alleged discrimination
The woman said she was detained by store security.58m ago![PHOTO: Exterior of Bloomingdales department store in New York City.]()
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1h ago
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Stocks rebound after US eases off China sales restrictions
Chipmakers and technology companies lead a stock rebound.1h ago![FILE- In this Aug. 21, 2018, file photo screens above trading posts on the floor of the New York Stock Exchange show the NSE logo. U.S. stocks rallied in morning trading on Wall Street Tuesday, May 21, after the U.S. government temporarily eased off]()
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2h ago
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Department stores troubles rise on Penney's, Kohl's results
Department store troubles weigh on J.C. Penney and Kohl's 1st-quarter results2h ago![FILE - In this May 16, 2018 file photo, a man enters the JC Penney store at the Manhattan mall in New York. J.C. J.C. Penney Co. (JCP) on Tuesday, May 21, 2019. reported a loss of $154 million in its fiscal first quarter. The Plano, Texas-based compa]()
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2h ago
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Coca-Cola bringing back 1985 'New Coke' formula for new season of 'Stranger Things'
The altered formula was discontinued 79 days after it was launched.2h ago![PHOTO: A scene from season 3 of]()
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3h ago
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Markets Right Now: Stock rise, led by rebound in tech shares
Stocks higher at midday on Wall Street Tuesday as technology companies lead solid gains across the market.3h ago
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May 21
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US home sales fell 0.4% in April amid limited supply
US home sales dropped 0.4% in April amid affordability and inventory challengesMay 21![FILE- In this Jan. 4, 2019, file photo a sign hangs outside a house for sale in Pittsburgh's Lawrenceville neighborhood. U.S. home sales slipped 0.4% in April 2019, as would-be homebuyers face affordability challenges and a limited supply of starter]()
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May 21
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GM Maven car-sharing stops serving 8 N. American markets
General Motors is retreating from eight of the 17 North American markets where it had started a car-sharing service called MavenMay 21![FILE - This April 27, 2016, file photo, shows the Maven logo on a General Motors car-sharing service automobile, in Ann Arbor, Mich. General Motors is retreating from eight of the 17 North American markets where it had started a car-sharing service c]()
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May 21
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US home sales dropped 0.4% in April amid affordability and inventory challenges
US home sales dropped 0.4% in April amid affordability and inventory challengesMay 21
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May 21
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Global markets gain on Huawei grace period
Global stocks mostly higher after US issues 90-day grace period on Huawei sales banMay 21![A man walks past an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Tuesday, May 21, 2019. Asian stocks were mixed Tuesday after anxiety over U.S. restrictions on sales to Chinese tech giant Huawei pulled Wall Street]()
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May 21
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Home Depot posts strong profit, revenue
Home Depot puts up strong profit and revenueMay 21![FILE - In this Aug. 14, 2018 file photo shows a Home Depot store in Passaic, N.J. Home Depot is reporting better than expected profit and revenue for the first quarter, though bad weather early in the year and an extra week in the fiscal year dampene]()
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May 21
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May 21
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Asian stocks mixed after Wall Street fall on Huawei anxiety
Asian stocks mixed after US-China tensions drag pulled Wall Street lowerMay 21![A man walks past an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Tuesday, May 21, 2019. Asian stocks were mixed Tuesday after anxiety over U.S. restrictions on sales to Chinese tech giant Huawei pulled Wall Street]()
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May 21
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Airline group predicts another record for summer travel
Get ready for more jam-packed planes this summerMay 21
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May 20
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Powell says he sees 'moderate' risk from corporate debt
Fed Chairman Powell says he sees potential risks from a sharp rise in corporate debt as moderateMay 20
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May 20
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American Airlines sues unions, accusing workers of slowdown
American Airlines is suing two unions and accusing their mechanics of conducting an illegal work slowdownMay 20
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May 20
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Business Highlights
Business HighlightsMay 20
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May 20
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Stocks fall as Huawei ban prompts sell-off in chipmakers
Chipmakers and other technology companies pulled U.S. stocks lower Monday, extending the market's losses into another weekMay 20![FILE - In this May 13, 2019 file photo, the NYSE logo is displayed at the New York Stock Exchange. A broad slide by technology companies pushed U.S. stocks lower in morning trading on Wall Street Monday, May 20 extending losses into another week. The]()
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May 20
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Ford is cutting 7,000 white-collar jobs
Ford gets ready for a future of electric and autonomous vehicles, parting ways with 7,000 white-collar workers worldwide, about 10% of global salaried...May 20![2019 Ford F150 with logo, ford logo on 2019 F150 pickup truck grille]()
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May 20
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Blue Apron latest to suffer in tough meal kit market
Blue Apron, faced with delisting, is latest to suffer in tough meal kit marketMay 20
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May 20
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Sprint and Qiagen rise while Apple and Dish decline
Sprint and Qiagen rise while Apple and Dish declineMay 20
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May 20
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Markets Right Now: Stocks close lower as chipmakers slump
A sell-off in shares of chipmakers is pushing U.S. stocks lower at midday on Wall Street MondayMay 20
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May 20
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Game of Thrones: Economics of mercy and other final lessons
Game of Thrones: Bran's charisma deficit, the wisdom of putting a fox in charge of the henhouse and the benefits of mercyMay 20![This image released by HBO shows from left to right Maisie Williams, Isaac Hempstead Wright and Sophie Turner in a scene from the final episode of]()
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May 20
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Tesla stock falls as concerns about demand for Model 3 rise
Tesla's stock is falling, with concerns about its Model 3 demand in the US at the forefrontMay 20![FILE- This Sept. 30, 2016, file photo shows the logo of the Tesla model S at the Paris Auto Show in Paris, France. Shares of Tesla are down 50 percent since September 2019, with concerns about Model 3 demand in the U.S. at the forefront. Daniel Ives]()
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May 20
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Need to learn more about business? You have many options
Small business owners who want to learn about accounting or other business basics have many options including free, low-cost and online coursesMay 20
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May 20
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Impossible Foods debuts meatless sausage at Little Caesars
Impossible Foods debuts meatless sausage at Little Caesars, which will start testing it Monday at 58 restaurantsMay 20![This undated image provided by Little Caesars shows the Impossible Supreme pizza. Plant-based burger maker Impossible Foods is debuting its second product - meatless sausage crumbles - on Little Caesars pizza. Little Caesars will start testing the Im]()
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May 20
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Ford cutting 7,000 white-collar jobs, about 10% of its global salaried workforce
Ford cutting 7,000 white-collar jobs, about 10% of its global salaried workforceMay 20
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May 20
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World shares mixed with no easing of China-US trade dispute
World shares mixed, European benchmarks and Wall Street futures lowerMay 20![People stand by an electronic stock board of a securities firm in Tokyo, Monday, May 20, 2019. Shares are mixed in Asia, with India and Australia leading gains following elections that look set to keep incumbents in office. (AP Photo/Koji Sasahara)]()
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May 20
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China's pig disease outbreak pushes up global pork prices
Pork lovers worldwide are wincing at prices that have jumped up to 40 percentMay 20![In this May 8, 2019, photo, a pig stands between other pigs in a barn at a pig farm in Jiangjiaqiao village in northern China's Hebei province. Pork lovers worldwide are wincing at prices that have jumped by up to 40 percent as China's struggle to st]()
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May 20
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Asian shares mixed; election results buoy India, Australia
Asian shares mixed, India and Australia up on election outcomesMay 20![A man walks by an electronic stock board of a securities firm in Tokyo, Monday, May 20, 2019. Shares are mixed in Asia, with India and Australia leading gains following elections that look set to keep incumbents in office.(AP Photo/Koji Sasahara)]()
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May 20
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Japan economy expands 2%, 2nd straight quarter of growth
The Japanese government says Japan's economy grew at an annual pace of 2.1% in the first quarter, marking the second straight quarter of expansionMay 20![In this April 15, 2019, photo, people cross the street in Tokyo. The Japanese government says the economy grew at an annual pace of 2.1% in the first quarter, marking the second straight quarter of expansion. The Cabinet Office said Monday, May 20, 2]()
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May 19
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Insider Q&A: Velodyne advocates for safer self-driving cars
Marta Hall, whose company makes laser sensors for autonomous vehicles, says Tesla's self-driving cars can't be safe with just cameras and radarMay 19
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May 18
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Luckin, a Starbucks rival in China, rises in US stock debut
Luckin Coffee, a fast-growing rival to Starbucks in China, jolted higher in its U.S. stock market debut Friday.May 18![Customers sit inside a Luckin Coffee shop at a shopping center in Beijing, Saturday, May 18, 2019. Shares of Luckin Coffee, a fast-growing rival to Starbucks in China, rose 20% in their U.S. stock market debut Friday. (AP Photo/Mark Schiefelbein)]()
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May 18
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Lyft says drivers tampering with surge pricing could be booted
A WJLA report found Lyft and Uber drivers manipulating surge pricing.May 18![Close-up of vertical sign with logos for ridesharing companies Uber and Lyft indicating a location where rideshare pickups are available in downtown Los Angeles, Oct. 24, 2018.]()
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May 17
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Trump lifts tariffs on Mexico, Canada, delays auto tariffs
Easing tensions with allies, Trump lifts tariffs on Mexico, Canada, delays auto tariffsMay 17![Donald Trump]()
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May 17
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Business Highlights
Business HighlightsMay 17
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May 17
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How the major US stock indexes fared Friday
Stocks closed broadly lower on Wall Street Friday and notched their second-straight weekly loss as investors were whipsawed by contradictory...May 17
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May 17
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Wobbly week for US stocks; 2nd weekly drop for S&P 500
Stocks fell broadly on Wall Street Friday as investor jitters over the heated trade war between the world's two biggest economies overshadowed...May 17![Craig Spector]()
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May 17
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Deere, 3M, Pinterest slip while Cray soars on buyout
Deere, 3M, Pinterest slip while Cray soars on buyoutMay 17
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May 17
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Markets Right Now: Stocks closing lower Friday
Stocks are closing lower on Wall Street Friday as investors again worry whether the U.S. and China can settle their dispute over tradeMay 17![Craig Spector]()
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May 17
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Mounting tensions with Iran, China leave oil prices in flux
A rare mix of geopolitical tensions in the Middle East and China is tugging oil prices in opposite directions and creating uncertainty over where they...May 17![In this undated photograph obtained by The Associated Press, a UAV-X drone flown by Yemen's Houthi rebels is seen in Hodeida, Yemen. A Yemen rebel drone strike this week, likely by UAV-Xs, on a critical Saudi oil pipeline shows that the otherwise-pea]()
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May 17
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Fiat Chrysler recall: vans can stall, lose power steering
Fiat Chrysler is recalling over 208,000 minivans in North America because they could lose power-assisted steering or engines can stallMay 17![2018 Chrysler Pacificas]()
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May 17
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Facebook bans company that it says tried to manipulate elections in Africa, Asia
The social media company removed hundreds of accounts.May 17![PHOTO: A man is reflected on a Facebook logos on a shop window in Malaga, Spain, June 4, 2018.]()
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May 17
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Trade war, heavy rains weigh on Deere & Co.
Deere cuts its expectations for the year as a trade war and heavy rains take their tollMay 17![FILE - In this April 9, 2019, wheels are attach as workers assemble a tractor at John Deere's Waterloo, Iowa assembly plant. Deere & Co. reports earnings on Friday, May 17. (Zach Boyden-Holmes/Telegraph Herald via AP, File)]()
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May 17
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Luckin, a Starbucks rival in China, jolts higher in US debut
Luckin Coffee, a fast-growing rival to Starbucks in China, jolted higher in its U.S. stock market debut FridayMay 17
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May 17
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NASCAR champion Joey Logano taught me how to drive stick
“Just a little bit of throttle. Then just sloooooowly roll out."May 17![PHOTO: NASCAR champion Joey Logano teaches ABC News reporter Morgan Korn how to drive a manual transmission, in Charlotte, N.C., May 14, 2019.]()
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May 17
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World shares fall as Huawei sanctions stir trade fears
World markets fall on fears that Huawei sanctions would put a drag on trade negotiationsMay 17![People walk past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, May 17, 2019. Asian stocks were mixed on Friday amid worries that U.S. economic sanctions on Huawei would put a drag on trade negotiatio]()
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May 17
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Nissan proposing more board members, with Renault's Bollore
Nissan proposing expanding its board, adding Renault's CEO BolloreMay 17![FILE - In this Feb. 14, 2019, file photo, Renault CEO Thierry Bollore addresses the media after the presentation of the company's 2018 full year results in Boulogne Billancourt, outside Paris. Nissan says it is proposing adding Renault’s chief execut]()
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May 17
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Japan's trade negotiator: US won't impose quotas on autos
Japan's trade negotiator has said Washington won't be demanding any quotas on Japanese auto exports to the U.S.May 17![Toshimitsu Motegi, Shinzo Abe]()
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May 16
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Asian shares mixed as Huawei sanctions stir trade fears
Asian markets mixed on fears that Huawei sanctions would put a drag on trade negotiationsMay 16![Fred DeMarco]()
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