
Business News
Hong Kong's richest man, Li Ka-shing, is in hot water
Hong Kong tycoon Li Ka-shing’s business empire is in the crosshairs after CK Hutchison Holdings chose to sell its Panama Canal port assets to a consortium that includes U.S. investment firm BlackRock Inc., apparently angering Beijing
March 20, 2025Lebanon appoints new central bank governor, works to climb out of economic crisis
Lebanon has appointed asset manager Karim Souaid to the post of central bank governor Thursday as the government tries to reform the economy after months of war and decades of mismanagement and corruption
March 27, 2025David Childs, architect of One World Trade Center, dies
David Childs, the lead architect of the One World Trade Center skyscraper that rose from the site where the Twin Towers collapsed in New York City during the 9/11 attacks, has died
March 28, 2025
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1 hour ago
'Range anxiety will go away': New electric vehicle can charge in 10 minutes
"Range and battery charging are crucial elements for buyers."
1 hour ago
March 29
New wave of nuclear reactors sends US states racing to attract the industry
U.S. states are positioning themselves to compete for newer, cheaper nuclear reactors being developed as communities and tech giants compete in a race for electricity
March 29
March 28
Voice of America wins in court, for now, as judge blocks Trump administration from firing staff
A federal judge has halted the Trump administration’s efforts to dismantle the Voice of America, the eight-decade-old U.S. government-funded international news service
March 28
March 28
Trump commutes the sentence of Ozy Media co-founder Carlos Watson
President Donald Trump has commuted the sentence of Carlos Watson, the co-founder of Ozy Media
March 28
March 28
Stocks sink as inflation fears impact consumer sentiment
U.S. stocks are mostly lower as investors weigh the uncertainties brought on by President Donald Trump’s latest tariffs.
March 28
March 28
Canadian company seeks US permission to start deep-sea mining as outcry ensues
An abrupt announcement has rattled members of a little-known U.N. agency based in Jamaica that has protected deep international waters for more than 30 years
March 28
March 28
Resorts World casino in Las Vegas fined $10.5M in money-laundering case
Nevada gaming regulators have issued a $10.5 million fine against the Resorts World casino on the Las Vegas Strip
March 28
March 28
Should you buy a new car before auto tariffs take effect next week?
Tariffs are expected to hike prices by thousands of dollars per vehicle.
March 28
March 28
David Childs, architect of One World Trade Center, dies
David Childs, the lead architect of the One World Trade Center skyscraper that rose from the site where the Twin Towers collapsed in New York City during the 9/11 attacks, has died
March 28
March 28
Charlie Javice convicted of defrauding JPMorgan during $175 million sale of financial aid startup
The founder of a startup company that claimed to be revolutionizing the way college students apply for financial aid has been convicted of defrauding JPMorgan Chase out of $175 million
March 28
March 28
Inflation held steady in February, according to Fed's preferred gauge
The reading matched economists' expectations.
March 28
March 28
Cargo ship that collided with US tanker in North Sea towed to Scottish port of Aberdeen
A cargo ship which collided with a U.S. tanker in the North Sea earlier this month has been towed to the Scottish port of Aberdeen
March 28
March 28
What to do if you can't pay the taxes you owe
If you know or suspect you can’t pay the taxes you owe this tax season, you should still file a return with that information, or file for an extension
March 28
March 28
China's Xi makes strong push for greater foreign investment as economy continues to lag
Chinese President Xi Jinping has urged foreign investors to have faith in China's business prospects in an address to major global business leaders
March 28
March 28
Syrians left in the dark as the interim government struggles to restore electricity
Rana Al-Ahmad opens her fridge after breaking fast at sundown with her family during the Islamic holy month of Ramadan
March 28
March 28
Stock market today: Global shares skid as investors await more Trump tariffs
Global shares are mostly lower as investors mull the uncertainties brought by U.S. President Donald Trump’s latest tariffs
March 28
March 28
Trial of former President Sarkozy sheds light on France’s back-channel talks with Libya’s Gadhafi
The trial of former French President Nicolas Sarkozy over the alleged illegal financing of his 2007 presidential campaign is shedding light on France’s back-channel talks with the government of then-Libyan leader Moammar Gadhafi
March 28
March 27
What do Trump's auto tariffs mean for car prices?
The 25% tariffs on imported cars will take effect next week.
March 27
March 27
US stocks close down to end volatile trading after Trump's auto tariffs announcement
Shares of major U.S. automakers dropped in early trading.
March 27
March 27
What do auto tariffs mean for consumers?
Vehicle prices could rise by thousands of dollars, according to experts.
March 27
March 27
GameStop slumps as its plan to sell debt to fund bitcoin purchases raises questions
GameStop shares plunged Thursday after the company's plans to sell debt to fund purchases of bitcoin raised some questions on Wall Street
March 27
March 27
Average US rate for 30-year mortgage falls slightly to 6.65% after rising for 2 weeks
The average rate on a 30-year mortgage in the U.S. fell slightly this week, a welcome reversal for homebuyers in what is traditionally the busiest time of the year for the housing market
March 27
March 27
Lebanon appoints new central bank governor, works to climb out of economic crisis
Lebanon has appointed asset manager Karim Souaid to the post of central bank governor Thursday as the government tries to reform the economy after months of war and decades of mismanagement and corruption
March 27
March 27
Trump says TikTok deal could be reached by lowering China tariffs
ABC News’ Britt Clennett reports on the comments from President Donald Trump as his announcement of new tariffs on imported cars and auto parts is impacting global stock markets.
March 27
March 27
Shares of GM and other automakers slump following Trump tariffs, with Tesla the exception
Automaker stocks slumped following President Donald Trump’s announcement that he will place 25% tariffs on auto imports
March 27
March 27
US applications for unemployment benefits hold steady, remain in recent healthy range
U.S. applications for unemployment benefits held steady last week, a sign that the labor market remains healthy as companies continue to retain their employees
March 27
March 27
U.S. economy grew 2.4% in the 4th quarter after upgrade from earlier estimate
The U.S. economy expanded at a healthy annual 2.4% pace the last three months of 2024, supported by a year-end surge in consumer spending
March 27
March 27
Europe lashes out over Trump auto tariffs and the economic threat to both continents
European automakers, already struggling with tepid economic growth at home and looming Chinese competition, on Thursday decried the U.S. import tax on cars as a new, heavy burden that would hurt companies and consumers on both sides of the Atlantic
March 27
March 27
Anti-abortion groups mount effort to strip Planned Parenthood funding ahead of Supreme Court hearing
Major anti-abortion groups are gathering in the nation's capital to begin a lobbying effort with Congress and President Donald Trump’s administration aimed at eliminating funding for Planned Parenthood
March 27
March 27
A 'coalition of the willing' mulls more aid for Ukraine and a possible European armed force
Ukraine’s allies from across Europe have gathered for talks in Paris about how to strengthen Kyiv’s hand and its military as it pushes for a ceasefire with Russia
March 27
March 27
Brazilian President Lula swipes at Trump as US imposes auto tariffs
Brazilian President Luiz Inácio Lula da Silva has swiped at U.S. President Donald Trump's decision to raise tariffs on a wide range of products
March 27
March 26
Stock market today: Wall Street's slide extends after Trump raises tariffs on auto imports
Wall Street pointed lower in premarket trading Thursday after President Donald Trump announced he will slap 25% tariffs on imported cars
March 26
March 26
Trump announces 25% tariffs on imported cars, ratcheting up global trade war
The major stock indexes closed down on Wednesday.
March 26
March 26
Republicans accuse NPR, PBS of bias at hearing; Democrats say its a partisan attack
The hearing was held by the Delivering on Government Efficiency subcommittee.
March 26
March 26
Trump announces new auto tariffs, ratcheting up global trade war
The auto tariffs are set to target a sector that employs more than a million U.S. workers and relies on a supply chain closely intertwined with Mexico and Canada.
March 26
March 26
Congressional Republicans target PBS, NPR funding in contentious hearing
A House Republican pushing the Trump administration's government efficiency efforts has called for dismantling and defunding the nation's public broadcast system following a contentious public hearing on Wednesday
March 26
March 26
Frito-Lay recalls Tostitos chips because they may contain undeclared milk
Frito-Lay is recalling a limited number of Tostitos tortilla chips because they may contain undeclared milk
March 26
March 26
Hyundai shows off its new $7.6B electric vehicle plant in Georgia as Trump talks tariffs
Hyundai says it will expand production capacity by two-thirds at its sprawling new electric vehicle plant in Georgia
March 26
March 26
NTSB chairwoman says reviewing the data after midair crash may prevent the next aviation accident
The head of the agency investigating the deadly midair collision that killed 67 said Wednesday that someone should have spotted the alarming number of near misses in the skies over the nation’s capital beforehand and reviewing the data now could preven...
March 26
March 26
North Carolina government makes big tax revenues quickly from first year of sports betting
North Carolina government cashed in early when it came to reaping fiscal benefits from authorized sports wagering in the ninth-largest state
March 26
March 26
Con Edison will pay $750,000 to settle suit alleging harassment of female field workers
The New York utility provider Con Edison has agreed to pay $750,000 and implement a series of anti-harassment reforms to settle a lawsuit over claims it discriminated against its female and nonwhite employees
March 26
March 26
Tesla is suing to open dealerships in Wisconsin. It's become a big deal in the Supreme Court race
Tesla CEO Elon Musk is supporting the conservative candidate in the race to fill a seat on the Wisconsin Supreme Court, which could ultimately decide a Tesla lawsuit
March 26
March 26
Copper prices have soared as the US threatens tariffs on the metal and China boosts its economy
Copper prices have hit record highs as an ongoing trade war between the U.S. and its key trading partners threatens to squeeze supplies of the vital metal
March 26
March 26
US could run short of money to pay its bills by August without a debt limit deal: CBO
The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money to pay its bills— as early as August without a deal between lawmakers and the White House
March 26
March 26
Sewage sludge can find a second life on farm fields. Here's how it's made
What goes down your toilet and drain can end up on farm fields across the United States
March 26
March 26
Founders of Black-owned brands adapt their hopes, business plans for a post-DEI era
The Black creators of some consumers products are rethinking their business plans as major U.S. companies end or water down their diversity, equity and inclusion programs
March 26
March 26
What could tariffs on April 2 mean for prices and the economy?
Trump has referred to April 2 as "liberation day."
March 26
March 26
Leaders of Brazil and Japan stress importance of democracy and free trade
Brazilian President Luiz Inácio Lula da Silva has stressed the importance of free trade and multilateralism and decried threats against democracy as he and Japan’s Prime Minister Shigeru Ishiba agreed to step up ties across the board
March 26
March 26
Dollar Tree sells Family Dollar to private equity firms after a decade
Dollar Tree is selling Family Dollar to a pair of private equity firms in a deal worth approximately $1 billion after unsuccessfully trying to incorporate it into its business for a decade
March 26
March 26
Edmunds: Five best used three-row SUVs for under $30,000
A three-row SUV is ideal for car shoppers who need extra space for transporting lots of people and plenty of cargo
March 26