Business News

Warren, Sanders unhappy by Wall Street-paid Obama…

U.S. Sen. Elizabeth Warren and Sen. Bernie Sanders are not happy by reports that former President Barack Obama will be paid $400,000 to speak at a September health care conference put on by Wall Street firm Cantor Fitzgerald

US economy expanded at weakest pace in 3 years

US economy grew just 0.7 percent in the first quarter amid consumer spending slowdown

FDA approves 1st targeted drug for certain…

U.S. regulators have approved the first targeted drug for certain patients with an aggressive form of leukemia

Apple ceases iPhone payments to Qualcomm…

Qualcomm slashes its profit expectations after saying that Apple is now refusing to pay royalties on technology used in the iPhone

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Alex Acosta sworn in as US labor secretary

A former federal prosecutor and civil rights chief at the Justice Department, Alex Acosta, has been confirmed as President Donald Trump's labor secretary

Court agrees to hold off ruling on carbon…

Obama-era clean air rules are under threat after a federal appeals court Friday went along with request to delay ruling on a legal challenge to carbon emission limits

Trump signs order aimed at opening Arctic drilling

Donald Trump has signed an executive order on Friday aimed at expanding drilling in the Arctic and opening other federal areas to oil and gas exploration

US stocks close modestly lower, but end higher…

U.S. stocks closed modestly lower Friday, ending just short of another milestone for Wall Street.

Facebook gearing up to fight political propaganda

Facebook is acknowledging that governments and other malicious non-state actors are using its social network to shift public sentiment

Time board: company not for sale; stock plunges

Time's stock plunges after the publisher's board says it's not considering a sale of the company

GM is motoring as profit jumps 34 pct on US truck…

General Motors put up record first-quarter profits with sales of trucks and SUVs in the U.S. booming

Appeals court upholds decision to block Anthem…

A federal appeals court has left in place a decision blocking Anthem Inc.'s bid to buy rival health insurer Cigna Corp.

Congress settles for stopgap to avoid government…

Congress puts off spending wrangle for another week, passes stopgap bill to avoid midnight shutdown

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Diners may have to wait longer for restaurant…

Consumers hoping to consistently find out how many calories are in that burger and fries may have to wait _ again

Germany says reviving G-8 with Russia 'not up for…

The German government says there are no plans to invite Russia to return to the club of leading industrialized nations at the moment

Hannity defends Fox News co-president Shine amid…

Sean Hannity is defending Fox News Channel co-president Bill Shine following a report that members of the controlling Murdoch family refused to release a statement of support for the executive

Sony returns to black on healthy chip, game…

Sony Corp. is reporting January-March profit of 27.7 billion yen ($250 million) on the back of healthy sales of image sensors, PlayStation 4 game software and batteries for mobile devices, marking a recovery from its red ink a year ago

AP FACT CHECK: Claims about Trump's tax plan…

An AP Fact Check finds that some of the White House claims about President Donald Trump's tax plan don't hold water

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Japan economy's vital signs dull in March, but…

Japan reports that its manufacturing output and household spending fell in March, while the jobless rate remained at a 22-year low of 2.8 percent