Business News

IBM began cutting jobs in the U.S. Thursday morning, according to a union that tracks the technology giant's work force moves.

Attorney General Eric Holder was taken to a D.C.-area hospital Thursday morning after experiencing faintness and shortness of breath during a morning meeting, the Department of Justice said.  DOJ spokesman Brian Fallon ...

LinkedIn is following in the steps of Twitter and Facebook and will soon become a mobile-first social network.  At current growth rates, we predict the majority of usage on LinkedIn will come from mobile devices by the ...

A new breed of entrepreneurs, including a suburban mom, are hoping to cash in on the growing legitimacy of marijuana.     

The apartment and retail complex, called Broadway @ 4th, would house 450 units and fill in a key block in gentrifying downtown L.A., developer Izek Shomof said.It's been generations since a high-rise building had its deb...

Walt Disney World has reportedly opted to sever local support of the Boy Scouts of America over the organization's controversial stance on openly gay participants. The president of BSA's Central Florida Council apparentl...

On Wednesday, Elon Musk and Tesla Motors rocked the markets, announcing the company’s investment of $2 billion in a factory that aims to produce about 500,000 lithium-ion batteries annually by 2020. This is more than s...

Tight supplies of U.S. livestock sent cattle futures to a record high Thursday, while hog futures surged to the highest level in 2½ years.

Inclusion-related policies and legal regulations have long been part of economic and social change, and, at times, part of emotional and combustible debate. The details of inclusion took 50 years of wrangling after the f...

Projections by statistical tool developed by Plan panel show India's energy demand will more than double by 2027

Brands such as Victoria's Secret and Armani Jeans are planning to open airport stores in the country

According to the U.S. Federal Trade Commission, "Identity theft continues to top the Federal Trade Commission's national ranking of consumer complaints, and American consumers reported losing over $1.6 billion to fraud o...

In five short years, the venture capitalist firm Andreessen Horowitz has become an outrageously powerful investment firm, raising $2.7 billion and backing such names as Airbnb, Box, Fab, Facebook, Foursquare, Pinterest, ...

Europe’s car manufacturers face a financially-crippling $16 billion plus bill by 2021 to meet tighter fuel consumption laws, with market leader Volkswagen of Germany confronting the biggest hurdle.

After posting a 240% return in 2013, shares of Best Buy have struggled so far in 2014. However, a better-than-expected fourth quarter earnings report has sent shares of the retail for a near-7% pop Thursday morning, sugg...

WASHINGTON (AP) -- Mortgage giant Freddie Mac posted net income of $8.6 billion for the October through December period, its ninth straight profitable quarter. Earnings were boosted by the continued rise in home prices, ...

WASHINGTON (AP) -- The number of people applying for U.S. unemployment benefits rose 14,000 last week to a seasonally adjusted 348,000, though the broader trend in applications remained stable.     

American businesses ordered fewer long-lasting manufactured goods in January, cutting their demand for aircraft, autos and machinery. But a key category that reflects business investment rose a solid 1.7 percent. Demand ...

In some small cities, the share of workers who are based out of their homes now tops 10%. All signs point to their numbers growing in the years to come.

What a flap in the gaming world over “candy” and efforts by King.com Limited, makers of the Candy Crush Saga video game, to register “Candy” for themselves.  As one of the most downloaded apps across all platfor...

German insurer Allianz said it was happy with the expanded management team at its Pimco unit following the exit of the fund manager's chief executive.

Euro hits 2-week low as soft data adds to general uncertainty; European shares fall 0.6 pct in morning trading