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US trade deficit widens to $48.3 billion in August

October 7, 2015 WASHINGTON — The U.S. trade deficit jumped sharply in August as exports fell to the lowest level in nearly three years while imports increased, led by a surge in shipments of cellphones from China. more »»

Senate panel probing VW’s use of tax credits

October 7, 2015 WASHINGTON — The Senate Finance Committee opened a probe Tuesday into Volkswagen’s use of a federal tax credit intended for fuel-efficient cars as the company’s emissions-rigging scandal widened. more »»

UAW threatens strike in talks with Fiat Chrysler

October 7, 2015 DETROIT — The United Auto Workers union is threatening to go on strike against Fiat Chrysler after its membership rejected a tentative contract deal with the company. more »»

Express Scripts to cover new cholesterol drugs

October 7, 2015 The nation's biggest pharmacy benefits manager has decided to cover two new drugs that lower artery-clogging cholesterol but raise concern over prices that can top $14,000 a year. more »»

Portugal government re-elected despite painful austerity

October 5, 2015 LISBON, Portugal — Portugal’s center-right coalition government earned another four-year term Sunday, winning a general election behind an improving economy that weathered the austerity measures... more »»

US regulator missed its best chance to catch VW cheating

October 3, 2015 CHICAGO — More than a decade ago, the U.S. more »»

Wal-Mart cuts 450 workers from HQ

October 3, 2015 NEW YORK — Wal-Mart laid off 450 workers at its headquarters Friday as the world's largest retailer attempts to become more nimble so that it can better compete with the likes of more »»

Shell, Total first foreign gas stations in Iran

October 3, 2015 TEHRAN, Iran — Iran's state TV is reporting that Royal Dutch Shell and France's Total will be the first foreign companies to be allowed to operate gasoline stations inside Iran. more »»

US auto sales show big gains, except at Volkswagen

October 2, 2015 DETROIT — September was a blockbuster sales month for the U.S. auto industry — except at Volkswagen, where an emissions scandal forced the company to halt sales of most of its diesel-powered vehicles. more »»

Nearly two-thirds of UAW members reject Fiat Chrysler deal

October 2, 2015 DETROIT — Nearly two thirds of United Auto Workers at Fiat Chrysler voted to reject a proposed contract agreement with the company. more »»

Experian: 15M have info stolen in T-Mobile hack

October 2, 2015 NEW YORK — Hackers have stolen personal information belonging to about 15 million T-Mobile wireless customers and potential customers in the U.S. more »»

Root of investor anxiety: Uncertainty about China, Fed

October 1, 2015 Fears about China’s slowdown and a coming U.S. interest rate hike have sent global stock markets into a fidgety freefall. But why? China’s economy has been slowing for years. more »»

Ex-coal baron readies for trial in deadly mine explosion

October 1, 2015 CHARLESTON, W.Va. — Don Blankenship ascended from a modest, single-mother upbringing in Appalachia to personally make almost $20 million off coal in one year. more »»

Whole Foods to stop selling products made by inmates

October 1, 2015 NEW YORK — Whole Foods will stop selling products made using a prison labor program after a protest at one of its stores in Texas. more »»

Exxon Mobil to sell troubled Calif. refinery

October 1, 2015 LOS ANGELES — Exxon Mobil Cor. more »»

Votes this week will decide fate of Fiat Chrysler-UAW deal

September 30, 2015 DETROIT — The next two days will be critical in deciding the fate of a new four-year contract between Fiat Chrysler and the United Auto Worker. more »»

Ralph Lauren hands off CEO role

September 30, 2015 NEW YORK — Ralph Lauren is handing off his title as CEO of the fashion and home decor empire that he founded nearly 50 years ag. more »»

Peru suspends civil liberties after clash

September 30, 2015 LIMA, Peru — Peru's government suspended civil liberties Tuesday and mobilized the military in a highlands region after four people were killed and 22 injured in a clash between police and farmers... more »»

German prosecutors investigate former VW boss

September 29, 2015 BERLIN — German prosecutors on Monday opened an investigation against former Volkswagen CEO Martin Winterkorn to establish what his role was in the emissions-rigging scandal that has shaken the... more »»



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