Business News

REUTERS/Mike Blake Amazon says it will not produce its own networking switches, contradicting a recent report. Cisco CEO Chuck Robbins and Amazon CEO Andy Jassy talked it over on the phone directly, says a Cisco spokespe...

Speaking of the economy: According to the Treasury Department's monthly statement, our government collected a record $1.305 trillion in individual income taxes through the first nine months of fiscal 2018. The figure, wh...

Trade wars, while perhaps nerve-wracking, are winnable, according to former White House chief strategist Steve Bannon. "How [the trade war] ends is in victory," Bannon said Wednesday at a Manhattan investor conference. "...

Ride-sharing behemoth Uber announced its global exclusive partnership with in-car commerce startup Cargo today, which will roll out to San Francisco and Los Angeles immediately. You'll be able to buy snacks and other nec...

Online shoppers purchased more than 100 million products worldwide during Amazon.com Inc's annual Prime Day sale this week, despite glitches on its mobile app and websites that prevented several customers from placing or...

Federal Reserve Chairman Jerome H. Powell told Congress this week that the economy is growing "considerably stronger." And while those words would warrant a hooray from Americans, that phrase coming from Powell is a litt...

The Federal Communication Commission's surprise move to block Sinclair Broadcast Group's $6.6 billion acquisition of Tribune Media came after the head of a rival conservative news outlet discussed his opposition to the d...

I'd like to wish Goldman Sachs' Lloyd Blankfein a happy retirement. God and I both appreciate -- and understand -- what he really did. If you didn't catch the sarcasm in that last line, you need a refresher course on Gol...

Thomson Reuters The yuan has plunged 5% versus the dollar over the past three weeks. This has drawn comparisons to 2015 when China let its currency fall sharply, roiling global markets. But markets seem more comfortable ...

American Airlines is an example of how employees must fight for raises while stock buybacks come easily.

Protests are erupting across Iraq. If Iraq has major production outages, oil prices could spike. Crude oil production has just begun to be disrupted. Iraq’s future is again tottering with protests erupting of the count...

BI Graphics Google has been fined a record $5 billion by the European competition watchdog for abusing the dominance of its mobile operating system, Android. The search giant was accused of forcing smartphone makers like...

the Bitcoin Market Model places the Bitcoin price at $8,605.80.

The UK's publishing industry says leaving the EU could seriously damage its record-breaking export business.

Getty The European Commission recently handed Google a $5 billion fine for favouring its own apps on Android devices over those of competitors. This isn't the first time Google has been slammed with an antitrust fine by ...

The Latest on a U.S. Commerce Department hearing Thursday into whether imports of cars, trucks and auto parts pose a threat to American national security that would justify hitting them …

Authorities say one worker was killed and a second injured in a fire involving storage tanks at an oilfield facility in southeastern New Mexico. The Carlsbad Current-Argus reports that the …

The family of a utility contractor who was electrocuted on the job has filed a lawsuit claiming his employers failed to follow safety guidelines. The Hour reports that Marco Silva's …

Cryptocurrency evangelists have come out of the woodwork as bitcoin enjoys a sudden change in fortune.

It’s been a decade since the global financial crisis rocked the world. In the years since 2008, the U.S. and other countries mended their broken economies. But today many factors that contributed to the implosion still...

A new steel manufacturing company says it will start operations later this year, creating 180 jobs in South Carolina. The South Carolina Commerce Department said in a news release Thursday …

Federal prosecutors say a Maine ambulance company is entering into a settlement with the federal government and the state to resolve allegations of submitting false claims to Medicare. U.S. Attorney …