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Exxon sees smallest profit in 16 years, Chevron posts loss

April 30, 2016 DALLAS — Motorists are saving billions on cheaper gasoline, but the long slump in oil prices is taking a heavy toll on companies that find and produce crud. more »»

US places 5 countries on trade monitoring list

April 30, 2016 WASHINGTON — The Treasury Department has placed five countries — China, Japan, Germany, South Korea and Taiwan — on a new monitoring list designed to pressure foreign governments to tackle large... more »»

EU economy regains size of 2008, remains shaky

April 30, 2016 LONDON — It's been a long and tortuous journey, but the eurozone economy is finally back to the size it was before the global financial crisis. more »»

Yahoo CEO could get $55M in potential sale

April 30, 2016 SAN FRANCISCO — Yahoo CEO Marissa Mayer will walk away with a $55 million severance package if the company's auction of its Internet operations culminates in a sale that ousts her from her job. more »»

US economy struggles at start of election year

April 29, 2016 WASHINGTON — It was not a great start for the U.S. economy. With consumers and businesses turning cautious, the U.S. more »»

How Amazon convinced you to pay up for shopping

April 29, 2016 NEW YORK — Amazon is clearly entering its Prime. more »»

Significant premium hikes expected under Obamacare

April 29, 2016 WASHINGTON — Insurers will seek significant premium hikes under President Barack Obama’s health care law this summer - stiff medicine for consumers and voters ahead of the national political... more »»

Comcast buying DreamWorks for $3.55B

April 29, 2016 NEW YORK — Comcast is buying DreamWorks Animation, the film company behind the "Shrek," ''Madagascar" and "Kung Fu Panda" franchises, for approximately $3. more »»

Abbott Labs to buy St. Jude Medical for $19.3B

April 29, 2016 Abbott Laboratories will spend $19.3 billion to buy St. Jude Medical Inc. in a cash-stock deal that aims to strengthen the medical device maker's stake in cardiovascular care. more »»

Fed keeps key rate unchanged; no hint on timing of next hike

April 28, 2016 WASHINGTON — The Federal Reserve kept a key interest rate unchanged Wednesday against the backdrop of a slowdown in U.S. and global growth and provided no hint of when its next rate hike may occur. more »»

Lawmakers blast Valeant for price-gouging

April 28, 2016 WASHINGTON — Lawmakers accused Valeant Pharmaceuticals of gouging patients to reward Wall Street investors during a hearing Wednesday scrutinizing the drugmaker's pricing tactics. more »»

Facebook 1Q results beat expectations

April 28, 2016 MENLO PARK, Calif. — Facebook posted stronger-than-expected results for its first quarter, helped by a growing number of users and higher advertising revenu. more »»

Governments struggle to enforce ‘living wage’ laws

April 27, 2016 SEATTLE — States and cities whose lawmakers proudly passed “living wage” laws are finding it difficult to make sure employers actually pay their workers accordingly. more »»

Apple reports first drop in quarterly revenue since 2003

April 27, 2016 SAN FRANCISCO — Apple sold more than 51 million iPhones in the first three months of this year — and that’s the problem. more »»

Exxon loses 'AAA' rating from S&P

April 27, 2016 NEW YORK — Low oil prices have helped cost Exxon its pristine "AAA" credit rating from Standard & Poor's, a label it held for over six decades. more »»

Chipotle posts loss after giving away 6M burritos

April 27, 2016 NEW YORK — Chipotle posted its first quarterly loss as a public company Tuesday after it gave away millions of free burritos to win back customers following a series of food scares. more »»

Time Warner Cable deal gets OK, with online video conditions

April 26, 2016 NEW YORK — Federal regulators will impose several conditions meant to protect online video services as they back Charter’s bid to buy Time Warner Cable and create the country’s second-largest home... more »»

US ends Honda probe

April 26, 2016 DETROIT — The U.S. government has closed an investigation into Honda’s failure to report deaths and injuries, saying that the company has met all of its obligations. more »»

Fed will likely keep rates unchanged

April 26, 2016 WASHINGTON — The U.S. job market is healthy. The stock market is up. Home prices are rising. more »»

Valeant Pharma picks Perrigo leader to become next CEO

April 26, 2016 Embattled drugmaker Valeant Pharmaceuticals has chosen Perrigo Co. Chairman and CEO Joseph C. Papa to become its new CEO, replacing J. Michael Pearson. more »»

 
 
 

 

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