Business News

The Chicago company said its decision was largely based on intense competition, very low margins and economic changes.

PM Jacinda Ardern says the decision was about climate change, but it has stunned industry groups.

Etihad The United States and the United Arab Emirates are reportedly near a deal to end a long-running feud over alleged subsidies provided to Emirates and Etihad. Emirates and Etihad have repeatedly denied these allegat...

Alecia Vimala Launching Alecia A True Interactive Video Experience For Content and Shopping Imagine watching your favorite cooking show and simply clicking to purchase all of the ingredients for the recipe the host is ma...

For a "perceived energy kick," FDA's Scott Gottlieb says teens mix dangerously high amounts of super-concentrated caffeine into workout drinks.        

WASHINGTON

There's a new fact-checking operation in West Virginia, and it leaves one fact out of plain sight -- that it's run by U.S. Senate candidate Don Blankenship's campaign. The website …

An economist dismissed testimony from the star witness testifying against the AT&T-Time Warner merger as "very complicated" -- and got a nod from the judge. Testimony by the University of Chicago's Dennis Carlton drew ag...

The chief executive of a website that authorities have dubbed a lucrative nationwide "online brothel" pleaded guilty Thursday to state and federal charges including conspiracy and money laundering, and agreed …

A panel of judges remained skeptical of claims by Leandra English, deputy director of the Consumer Financial Protection Bureau, that she is the rightful head of the agency. But they didn't sound convinced that current ac...

Revenue increased 2.8% to $18.9 billion thanks to gains in equities trading and other factors, but the bank still wants to improve its efficiency ratio, which could get harder as the year goes on.

The firm warned Friday that it may take a charge of as much as $1 billion to settle a U.S. probe of its consumer business.

Jordan Strauss/Invision/AP Bella Thorne says she makes up to $65,000 for an Instagram post and up to $20,000 for a story on Instagram or Snapchat. She says the revenue allowed her to buy a mansion. Thorne treats Instagra...

U.S. indexes were mostly lower in morning trading as gains for companies in the energy, health care and utility industries were offset by losses in banks.

WOLFSBURG/BERLIN, Germany

Innovations can seem less like an opportunity and more like an onslaught. Here's how to brace for the impact.

(Reuters) - Wall Street major indexes fell on Friday morning, erasing all their gains coming out of the opening bell as JPMorgan led a sharp reversal in financial stocks.

Big profit reports from several banks Friday reminded markets that already healthy earnings for U.S. companies are climbing even higher, and the Standard & Poor's 500 index rose to put itself on track to close out its be...

The bank disclosed it is in settlement talks with regulators. Wells Fargo's first-quarter results, reported Friday, could change pending the outcome, it warned, saying the bank 'cannot reasonably estimate our related los...

JPMorgan Chase, the biggest bank in the US, reported its most profitable quarter in its 219-year history on Friday as Trump's tax cuts, rising interest rates, and turmoil in the stock market added billions to the company...

The combination of wild stock markets and regulators loosening capital requirements translated into bumper profits for Citigroup and JPMorgan.

Citigroup equity trading revenue rose 38% in the first quarter, offsetting a 7% decline in fixed-income trading. Citigroup's results also got a boost from lower taxes. Last quarter, Citigroup's effective tax rate fell to...