Business News

Scandal-plagued CBS grants $20M to 18 women's…

CBS grants $20 million to 18 women's rights groups as it tries to recover from Moonves scandal

US, Canada look to ease strains amid 3-way spat…

The United States and Canada moved Friday to ease tensions over the case of Chinese executive whose arrest by Canadian authorities at U.S. request has thrust Ottawa into an uncomfortable three-way diplomatic row with Beijing and Washington

Trump club is in tax break zone, but is unlikely…

President Donald Trump's company owns a golf club in an Opportunity Zone offering massive tax breaks, but experts say it is unlikely it could take advantage of them

J&J hammered by report it knew of asbestos in…

Johnson & Johnson reels on media report that it knew for decades about asbestos in its baby powder

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In a plot twist, Spirit tops US airlines in…

Spirit Airlines, once the tardiest airline in America, tops the latest rankings for on-time flights

Business Highlights

Business Highlights

Stocks plunge to 8-month lows on growth fears…

Stocks fall sharply on Wall Street, shaving 496 points off the Dow Jones Industrial Average, as traders worry about signs of weaker economic growth in China and Europe

Obama-era rule leads to $150M in student loan forgiveness

The U.S. Education Department says it will start forgiving federal loans for 15,000 former students whose colleges closed before they could graduate

Climate talks extended as island nations demand…

Weary officials from almost 200 countries faced another day of negotiations at the U.N. climate talks to bridge their last remaining differences as small island nations on Friday demanded an ambitious stance against global warming

Trump lawyer seeks to send emoluments case to…

A lawyer for President Donald Trump filed papers asking that a lawsuit accusing the president of profiting from his office be taken out of the hands of a Maryland federal judge and sent to a federal appeals court

Johnson & Johnson, Adobe and Starbucks dip; Sealed Air rises

Johnson & Johnson, Adobe and Starbucks drop while Sealed Air rises

How major US stock indexes fared Friday

Stocks staggered to eight-month lows Friday after weak economic data from China and Europe set off more worries about the health of the global economy

Bug may have exposed photos from 7M Facebook users

Facebook says a software bug may have exposed a broader set of photos to app developers than users had granted permission for

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Wall Street ends week on a sour note as S&P 500 falls to lowest close since April; it's now down 3 percent for the year

Wall Street ends week on a sour note as S&P 500 falls to lowest close since April; it's now down 3 percent for the year

Detentions raise fears, cast doubt on China's…

China's detentions of Canadians worries executives, raises doubts about commitment to reform

Macron urges calm, Paris police prepare for more…

French President Emanuel Macron is calling for calm as authorities prepare for a possible fifth straight weekend of violent protests on the streets of Paris

EU leaders approve small steps to buttress euro…

Leaders of the European Union have agreed to press ahead with a common eurozone budget to help the currency union weather future crises.

Dow drops 500 as traders worry about slowing economic growth in China, disarray surrounding Britain's plans to exit EU

Dow drops 500 as traders worry about slowing economic growth in China, disarray surrounding Britain's plans to exit EU

Trump asserts China's economy feeling his tariff pressure

President Donald Trump says China's economy is feeling the pressure of his tariffs, and he thinks a "big and very comprehensive deal" could happen

Apple upstages Amazon in selecting new tech hub…

Apple upstages Amazon in selecting new tech hub locations without a circus-like contest pitting cities against each other.

Belarus' leader slams Russian talk of taking over…

The leader of Belarus is charging that Russia has pondered incorporation of his nation

May aims to rescue Brexit plan; EU says ball's in…

British Prime Minister Theresa May has launched a rescue mission for her ailing Brexit deal, after the European Union rebuffed her appeal to sweeten the divorce agreement so she can win over hostile lawmakers at home

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The debt threat: Business debt, and worries about…

Concerns are building from Washington to Wall Street about the trillions of dollars in debt that U.S. businesses have racked up, particularly by companies with relatively weak finances

Conservative magazine The Weekly Standard shutters

Conservative magazine The Weekly Standard is closing down after 23 years

Lebanese minister presses for reforms after Moody's report

Lebanon's finance minister says that the Moody's Investors Service report that downgraded the country's status shows the urgency of forming a new Cabinet and implementing economic reforms