Latest Business Headlines

• 20m ago

  • China manufacturing plunges in February amid virus controls

    A gauge of Chinese manufacturing plunged in February by an even wider margin than expected after efforts to contain a virus outbreak shut down much of...

    20m ago

• 2h ago

  • Outbreak starts to look more like worldwide economic crisis

    The coronavirus outbreak is starting to look more like a worldwide economic crisis

    2h ago

• 3h ago

  • Coronavirus fears impact Wall Street

    Rebecca Jarvis joins ABC News Prine to discuss the how much coronavirus has affected the market.

    3h ago

    3:31

• Feb 28

  • Wall Street has worst week since 2008 as S&P 500 drops 11.5%

    Stocks sank again after another wild day, extending a rout that left the market with its worst week since October 2008

    Feb 28

• Feb 28

  • Harley-Davidson CEO to leave struggling motorcycle maker

    Board member Jochen Zeitz will become acting president and CEO.

    Feb 28

• Feb 28

  • How major US stock indexes fared Friday

    Wall Street closed out the worst week for stocks since October 2008 Friday with more heavy selling, though a last-minute flurry of buying kept the...

    Feb 28

• Feb 28

  • Beyond Meat, Dell fall; 3M, Forty Seven rise

    Stocks that moved heavily or traded substantially on Friday: Beyond Meat, Dell fall; 3M, Forty Seven rise

    Feb 28

• Feb 28

  • US stock markets continue to plunge over coronavirus uncertainty

    The Dow is suffering its worst week since the financial crash of 2008.

    Feb 28

• Feb 28

  • American Airlines plans $550 million boost to Oklahoma base

    American Airlines plans to spend $550 million over the next seven years to spruce up its maintenance base in Tulsa, Oklahoma

    Feb 28

• Feb 28

  • Fed Chair Powell: Will 'use our tools' to support economy

    Federal Reserve Chairman Jerome Powell pledged that the Fed will “use our tools" to support the economy, a strong signal of a likely rate cut, perhaps...

    Feb 28

• Feb 28

  • FCC proposes fines for phone companies that shared user data

    U.S. regulators have proposed fining the four major U.S. phone companies more than $200 million combined for improperly disclosing customers'...

    Feb 28

• Feb 28

  • Feds reject removal of 4 US Northwest dams in key report

    Federal regulators have rejected the idea of removing four hydroelectric dams on a major Pacific Northwest river in a last-ditch effort to save...

    Feb 28

• Feb 28

  • Hyundai factory in South Korea shuts down after coronavirus case appears

    Hyundai Motor announced on Friday it would shut down one of its factories where one worker tested positive for the coronavirus.

    Feb 28

    0:40

• Feb 28

  • Cruise lines, passengers scramble to respond to coronavirus

    The spread of a new virus from China is disrupting the cruise industry in the midst of its busiest season for bookings

    Feb 28

• Feb 28

  • How food and beverage companies are handling coronavirus

    Travel advisories, supply chain and other factors

    Feb 28

• Feb 28

  • Geneva auto show, other big events canceled amid virus fears

    The Geneva auto show was canceled after the Swiss government banned all large events to halt the spread of the new coronavirus

    Feb 28

• Feb 28

  • US reports first drug shortage tied to virus outbreak

    The Food and Drug Administration is reporting the first U.S. drug shortage tied to the viral outbreak that began in China

    Feb 28

• Feb 28

  • Carnage on Wall Street, but some companies thrive or recover

    US markets are heading for their worst week since the financial crisis with the final tally of economic damage from a spreading virus still unknown

    Feb 28

• Feb 28

  • General Motors to add 1,200 workers at 2 Michigan factories

    General Motors is adding 1,200 jobs at two Michigan factories to build midsize SUVs and two new luxury sedans

    Feb 28

• Feb 28

  • EU launches antitrust probe into Italy loan to Alitalia

    The European Union's antitrust watchdog has launched an investigation into a 400 million euro loan provided by Italy to national flag carrier Alitalia

    Feb 28

• Feb 28

  • Market corrections: scary but also, in some cases, necessary

    After six days of being pounded by a virus-induced, global sell-off, US markets hit a milestone this week

    Feb 28

• Feb 28

  • Viral fear sparks global run on face masks

    People around the world are lining up to buy face masks because of coronavirus concerns, but medical experts say most people who aren't sick don't...

    Feb 28

• Feb 28

  • US consumer spending slowed in January while incomes jumped

    Americans pulled back on their spending in January, even as their incomes surged, a sign the economy was growing modestly before the threat of...

    Feb 28

• Feb 28

  • Barclays bankers acquitted over fraud charges in Qatar deal

    Three former Barclays bankers have been cleared of fraud over a 4 billion-pound ($5.2 billion) investment deal with Qatar at the height of the global...

    Feb 28

• Feb 28

  • Markets slide, auto show canceled as virus impact spreads

    Concerns about the economic impact of the new coronavirus are intensifying, disrupting business events, production and travel

    Feb 28

• Feb 28

  • VW agrees to $912 million payments for Germans who sued

    German auto giant Volkswagen says it will pay 830 million euros ($912 million) in damages to hundreds of thousands of customers whose diesel cars were...

    Feb 28

• Feb 28

  • Global stocks fall again on fear of virus impact on economy

    Global stock markets are falling further on spreading virus fears

    Feb 28

• Feb 28

  • Japan sends vice justice minister to Lebanon on Ghosn case

    A Japanese vice minister for justice is heading to Lebanon for talks on the case of former Nissan executive Carlos Ghosn, who fled bail for his home...

    Feb 28

• Feb 28

  • Geneva auto show organizers confirm event will be canceled due to virus concerns

    Geneva auto show organizers confirm event will be canceled due to virus concerns

    Feb 28

• Feb 28

  • How coronavirus has upended the travel industry

    COVID-19 is forecast to result in $30 billion in losses for the airlines alone.

    Feb 28

• Feb 28

  • Asia stocks tumble on virus fears after Wall Street plunge

    Asian stock markets have fallen further on virus fears after Wall Street endured its biggest one-day drop in nine years

    Feb 28

• Feb 27

  • Regulators boost PG&E's wildfire fine to $2.1 billion

    California power regulators slapped Pacific Gas & Electric with a $2.1 billion fine for igniting a series of deadly wildfires that landed the...

    Feb 27

• Feb 27

  • Neighbors: Brewery gunman a 'gentleman'; no motive yet known

    Neighbors of a Milwaukee electrician who fatally shot five people at one of the nation's largest breweries before killing himself say he enjoyed...

    Feb 27

• Feb 27

  • Investors shy away from risk as coronavirus rattles markets

    This week’s big sell-off on Wall Street suggests stocks have finally caught up to the bond market, where fear of an economic slowdown has been evident...

    Feb 27

• Feb 27

  • In scramble to stop virus, testing raises tough questions

    Health officials are confronting tough questions about testing to intercept the fast-spreading coronavirus, with scrutiny focused on a four-day delay...

    Feb 27

• Feb 27

  • Bill to help small telecoms excise Huawei goes to Trump

    The Senate has passed a bill to provide $1 billion for small telecom providers to replace equipment made by China's Huawei and ZTE

    Feb 27

• Feb 27

  • Beyond Meat narrows 4Q loss as plant-based meat sales jump

    Beyond Meat narrowed its losses in the fourth quarter as sales of its plant-based meat soared

    Feb 27

• Feb 27

  • How major stock indexes fared Thursday

    Stocks nosedived on Wall Street Thursday, sending the Dow Jones Industrial Average down by nearly 1,200 points and deepening a weeklong global market...

    Feb 27

• Feb 27

  • US economy grew at 2.1% rate in Q4 but virus threat looms

    US economy grows at 2.1% in Q4 but spreading coronavirus could jeopardize future growth

    Feb 27

• Feb 27

  • EU slaps sanctions on Turkish officials over Cyprus drilling

    The European Union has slapped sanctions on two senior members of the Turkish Petroleum Corporation

    Feb 27

• Feb 27

  • Markets down, Facebook cancels show: Virus hits businesses

    The spread of the new coronavirus is jamming up business as companies suspend production, meetings, events and business travel

    Feb 27

• Feb 27

  • Dow Jones plunges most since 2008 on coronavirus fears

    The Dow, S&P 500 and Nasdaq all tumbled more than 4% Thursday.

    Feb 27

• Feb 27

  • Microsoft, Carvana fall; Etsy, Square rise

    Stocks that moved heavily or traded substantially on Thursday: Microsoft, Carvana fall; Etsy, Square rise

    Feb 27

• Feb 27

  • J.C. Penney sees key sales figure down for the year

    J

    Feb 27

• Feb 27

  • Delivery giant DoorDash takes step toward public offering

    Food delivery giant DoorDash has taken a first formal step toward a stock market debut

    Feb 27

• Feb 27

  • Britain opens EU trade talks with a threat to walk away

    Britain has laid out its opening demands for trade talks with the European Union, delivering a blunt threat to walk away from the table if there is no...

    Feb 27

• Feb 27

  • US mortgage rates decline; 30-year loan at 3.45%

    U.S. long-term mortgage rates declined this week as growing concern over the economic impact of China's viral outbreak spurred a steep downturn in...

    Feb 27

• Feb 27

  • Best Buy posts strong quarterly sales during holiday season

    Best Buy reported strong quarterly results as shoppers bought appliances, mobile phones and tablets during the holiday season

    Feb 27

• Feb 27

  • Campaigners win court challenge to block Heathrow expansion

    A controversial third runway for the busy airport has been rejected.

    Feb 27

• Feb 27

  • World stocks slide on signs virus outbreak is spreading

    World stock markets are down on concerns that the coronavirus is spreading further, putting more strain on businesses and supply chains

    Feb 27