Business News

Minorities held in China sew clothes that can end…

Behind locked gates, Chinese ethnic minorities are sewing sportswear that can end up on U.S. university campuses and sports teams

UK Cabinet to consider 'no-deal' Brexit…

The British Cabinet is expected to discuss ramping up preparations for Britain's departure from the European Union without a deal.

Survey shows German businesses increasingly gloomy

A closely watched survey shows increasing pessimism among German businesses, with its fourth monthly drop in a row

World stocks slip as traders brace for Fed rate…

World markets stumble as traders brace for Fed rate hike amid expectations of slower growth

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EU officials, firms meet African leaders to talk…

European officials and companies are meeting in Vienna with African leaders for talks on increasing investment in the continent

China will 'never seek hegemony,' Xi says in…

Chinese President Xi Jinping says the country will "never seek hegemony" even as it approaches the center of the world stage, in a speech marking China's 40 years of reform

CBS denies former CEO Les Moonves $120 million…

CBS denies former CEO Les Moonves $120 million severance citing failure to cooperate with misconduct investigation.

AP sources: Trump plans to create US Space Command

AP sources: Trump expected to sign executive order creating a U.S. Space Command

Groups sue to block oil production in Alaska's Beaufort Sea

Conservation groups sued Monday to block an oil-drilling project in federal Arctic waters

Agriculture Dept. launches 2nd round of payments to farmers

President Donald Trump has authorized a second and final round of $11 billion in trade mitigation payments to farmers hard hit by tariffs

Business Highlights

Business Highlights

How major US stock indexes fared Monday

Another day of big losses knocked U.S. stocks to their lowest levels in more than a year Monday

Fidelity Southern and State Street rise; Molina tumbles

Fidelity Southern and State Street move higher while Molina Healthcare and PG&E slide

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Amazon workers on strike in Germany a week before Christmas

Workers at two Amazon distribution centers in Germany have gone on strike as part of a push for improved work conditions, leading to fears that Christmas orders may not arrive in time

Markets Right Now: Another steep drop pulls Dow…

The Dow Jones Industrial Average plunged 500 points, its second straight drop of that size and its fourth big decline this month.

Kremlin hails go-ahead for oligarchs to attend…

The Kremlin says three high-profile Russians who are facing U.S. sanctions have been cleared to return to the World Economic Forum in Davos, following reports that they had been disinvited

Silicon Valley East: Google plans $1B expansion…

High tech's center of gravity is shifting east: Google has announced plans for a new $1 billion office complex in New York City.

Airbnb says it hasn't reversed West Bank policy

Airbnb says it hasn't reversed plan to delist West Bank properties, despite government talks

Deported immigrants get their last flight on 'ICE…

An obscure division of U.S. Immigration and Customs Enforcement operates hundreds of flights each year to remove immigrants

Kosovo betrayed by EU on visa-free travel…

Kosovo's prime minister says the country feels betrayed by and disillusioned with the European Union, which it is aspiring to join one day, because of the bloc's stance on a tariffs dispute with Serbia

The Latest: Corbyn submits symbolic no-confidence…

The leader of Britain's main opposition party has submitted a motion of no-confidence in Prime Minister Theresa May _ a largely symbolic move of censure

Investors seeking tax breaks skip…

Interest of Kushner-linked firm in administration's Opportunity Zone program focusing on areas that need it less

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Liz Weston: You don't have to live by these money myths

The famous "marshmallow test" doesn't predict what we thought, and buying experiences isn't always superior to buying stuff

US, China spar again over respective trade policies

China and the United States clashed again over their respective trade policies Monday at a time the two countries are trying to iron out their differences so further U.S. tariffs are not imposed on Chinese goods.

Health care sector roils after ACA court ruling

Health care sector roils at the opening bell after federal judge in Texas rules the Affordable Care Act unconstitutional