Business News

GM 2Q net earnings fall on loss from sale of…

General Motors' second-quarter net profit fell more than 40 percent largely due to a loss from the sale of its European unit

Michael Kors takes over shoemaker Jimmy Choo

American fashion brand Michael Kors takes over Jimmy Choo

Smugglers offer crammed big rigs as 'VIP…

The gruesome discovery of a tractor-trailer full of dozens of dead and suffocating people outside a San Antonio Walmart reflects a durable business model for smugglers

UK Brexit minister: progress made in talks on…

Britain's Brexit minister says progress has been made in talks on the rights of citizens living in each other's nations once the country leaves the European Union

Global shares mostly higher ahead of earnings…

Global share benchmarks mostly higher as investors await corporate earnings, Fed meeting

Toyota, Honda and Mazda to be sued in Australia over air bag

Japanese automakers to be sued in Australia for selling cars fitted with faulty Takata air bags

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Trump tweets, McCain return set stage for health…

President Donald Trump is keeping up the pressure on congressional Republicans to pass a health care bill

Lessons learned in a junkyard

Now that oil and gas jobs are in demand again…

California governor to extend climate change bill…

Gov. Jerry Brown is scheduled to sign legislation Tuesday keeping alive California's signature initiative to fight global warming, which puts a cap and a price on climate-changing emissions

South Korea shifts gears, aims at more…

South Korea new economic plan promises to address inequality, fortify social safety net

Former contract workers key in Mississippi Nissan…

A bid by workers at Mississippi's Nissan Motor Co. plant for United Auto Workers representation could turn on a key voting bloc _ the 1,500 Nissan employees who were initially hired through contract labor agencies.

CEO's focus: Monitoring the tumult in health care

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US safety board to detail findings of deadly NY…

Federal safety investigators will present their findings following a commuter rail crash that killed six people in the suburbs of New York City in 2015.

Asian stock indexes mixed amid caution on…

Asian share benchmarks mixed as investors await corporate earnings, Fed meeting

Maker of panels in London fire says builders…

The leader of a U.S. company that manufactured panels on a London apartment tower where at least 80 people perished in a fire says the firm quit making it available for high-rises because it doesn't control how the material is installed on buildings

In Google vs. the EU, a $2.7B fine could just be…

Google's parent company Alphabet can easily afford the $2.7 billion write-down it's taking to cover a big antitrust fine in Europe, but that might only be the start of its problems

German business confidence reaches new record high

A survey shows that business confidence in Germany has risen to another record high as managers' view of both their outlook and their current situation brightens

House rejects bill to fix VA's budget gap after…

The House has rejected a plan to allow the Department of Veterans Affairs to shift $2 billion from other programs to cover a sudden budget shortfall in its Choice program of private-sector care

4 meetings with Russians disclosed by Jared…

4 meetings with Russians that President Donald Trump's son-in-law, Jared Kushner, disclosed in a statement to members of Congress

Oil company to spend $20M in safety upgrades in wake of fire

Chevron Corp. and state regulators have reached a settlement related to a 2012 fire at its Richmond refinery that will require the company to spend about $20 million on safety improvements

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Sports retailer stocks fall as Hibbett posts…

More bad news for sporting goods sellers: Hibbett, a chain with more than 1,000 stores, said it expects a key sales figure to fall due to a "challenging" retail environment

Hasbro profit rises, but revenue misses…

Toy maker Hasbro said its second-quarter profit jumped 30 percent, thanks to rising sales of Transformers action figures and Monopoly board games.

No Fox apology in fight with New York Times about raid story

Fox News Channel has clarified but not apologized for a weekend story suggesting reporting in The New York Times foiled an attempt to capture the Islamic State group's leader two years ago