LONDON (AP) — U.S. Treasury Secretary Steven Mnuchin suggested Saturday that Britain and America would be able to conclude a trade deal this year, despite lingering disagreements on a digital services
Stocks in the United States suffered their worst decline since early October, amid concern that a dangerous new virus could hurt the global economy. On Wall Street, the S&P 500 and the Nasdaq composite
BRUSSELS (Reuters) - The EU plans to adopt more protectionist antitrust rules and encourage businesses to share data as part of an industrial policy overhaul aimed at giving European companies a sharper
WASHINGTON (AP) — E-commerce has unleashed an increasing torrent of fake merchandise upon the world and private companies and the U.S. government must do more to address the problem, Trump administration
Health care companies led a broad slide in U.S. stocks Friday as increased fears over the spread of a deadly outbreak of coronavirus rattled markets. The S&P 500 had its worst day since early October snapped
(Reuters) - The husband-and-wife owners of DC Solar, a California solar company that caused Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) to take a $377 million charge last year, pleaded guilty on to
New York (CNN Business) — McDonald's has closed restaurants in five Chinese cities and is implementing new health protocols in the region as the deadly coronavirus continues to spread. On Friday, the shuttered
Nearly everyone attending the Davos events committed to join the new “1 trillion tree” initiative to plant an abundance of trees by 2030. Even President Trump signed on, despite his insistence that “prophets
Davos, Switzerland (CNN Business) — The annual meeting of business and political leaders in Davos wrapped up Friday with two of the world's most powerful people disagreeing over how to address the climate
Giovanni Ferrero, scion of the Italian chocolate empire that makes Kinder Surprise, Nutella and Ferrero Rocher, is paying himself and his family a €642m (£542m) dividend in one of Europe’s biggest-ever
WASHINGTON (Reuters) - A U.S. senator on Friday urged Tesla Inc (TSLA.O) to rebrand its driver assistance system Autopilot, saying it has “an inherently misleading name” and is subject to potentially misuse.
The US and Europe have clashed over the threat posed by global heating as Donald Trump’s finance minister downplayed the risks of a climate crisis during the final session of the World Economic Forum Davos.
China’s worst health crisis in years has sparked fear and uncertainty for businesses from North America to Asia that depend on trade in the affected region. Experts say it’s too soon to know how disruptive
Davos, Switzerland (CNN Business) — Under growing pressure over record low interest rates, the European Central Bank has decided it's time to give its unconventional policies another look. The central
WASHINGTON (Reuters) - Long accused of being too soft, a U.S. bank regulator has surprised its critics with tough treatment of scandal-ridden lender Wells Fargo, culminating on Thursday in more than$58
Facebook and the Justice Department are urging a federal judge to approve the $5-billion deal the Federal Trade Commission reached with Facebook to settle Cambridge Analytica privacy complaints. The landmark
WASHINGTON (Reuters) - The U.S. Commerce Department has withdrawn a rule aimed at further reducing sales to China’s Huawei Technologies amid concerns from the Defense Department the move would harm U.S.
New York (CNN Business) — Papyrus, a mall staple that's best known for selling stationery and upscale greeting cards, is going out of business. Schurman Fine Paper, which owns the brand, filed for Chapter
NEW YORK (AP) — Walmart says it's testing higher wages for new hourly positions at 500 of its U.S. stores as part of an overall strategy to better empower its staff. The nation's largest private employer,