Business News

Facebook's roughly $120 billion loss in market cap tops the list of notable one-day routs in recent stock market history -- by some $30 billion.

A $40 million yacht owned by Secretary of Education Betsy DeVos was damaged when a vandal untied it from its dock at a Ohio marina and set it adrift, according to a report.

The US economy has been supercharged by tax reform and tariffs - but can it last?

In his first interview with the Courier Journal since the furor over his use of a racial slur, Papa John's founder says CEO, board members, have to go.        

John Schnatter, the founder and largest shareholder of Papa John's International Inc , said on Thursday that Steve Ritchie, who rose from a $6-per-hour employee to CEO with Schnatter's backing, should not be leading the ...

Is the Steve Easterbrook miracle over? After improving customer traffic in each of his first three years as chief executive of McDonald's, the 51-year-old fast food executive has stumbled in the first half of 2018. Guest...

The world's largest social media platform lost an astounding $100 billion worth in stock value.

Yes, it’s time for the jokes about joysticks and treasure chests again. Fortnite, the world’s hottest online game, is getting the porn parody treatment. (Disclaimer: Not suitable for work) Woodrocket and Pornhub have...

Vale (NYSE: VALE) released its second-quarter results on 25th July and conducted a conference call with analysts the following day. Although the company missed the analysts earnings forecast, its second-quarter results d...

As a House staffer, Dino Falaschetti tried to repeal Treasury's Office of Financial Research. He should not be put in charge of it.

Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours. Sign uphere toget the best of Business Insider delivered direct to your inbox. Trump's trade battle has entered a 'phoney wa...

The U.S. dollar gives up earlier gains and turns negative on Friday, in the wake of a report of second-quarter gross domestic product which underperformed expectations, but still managed to underscore a buoyant economy.

U.S. Decline Is Just One of the Signs of an Imminent Stock Market Crash One of the reasons a stock market crash has become imminent--perhaps the main reason--is that America has entered a phase of terminal decline. There...

Jonathan Erns/Reuters Shareholders gave the go-ahead for a $71 billion deal between 21st Century Fox and Disney on Friday. After prevailing in a bidding war with Comcast, Disney is purchasing the assets, which exclude th...

Exxon Mobil Corp and Chevron Corp, two of the world's largest oil producers, posted quarterly results far short of Wall Street's expectations on Friday.

The first estimate for June quarter's GDP came in at a solid 4.1%, but a little short of most projections. On a trailing four quarter basis, the economy has grown 2.9%. Key items going forward are will tariffs and rising...

ZTE revised its first-quarter results to a net loss on Friday, after China's second-biggest telecommunications equipment maker took into account the impact of a crippling US supplier ban that has now been lifted. ZTE sai...

Rhode Island officials made their pitch to blockchain industry companies to persuade them to invest in the state. About 100 representatives of blockchain companies gathered for an all-day conference at …

Japan Airlines Japan Airlines has won Skytrax' Best Economy Class Seat Award for the second year running. The seats are much more spacious than some competitors and the airline offers a range of other amenities. Japan Ai...

MoviePass suffered a service outage late Thursday caused by it temporarily running out of cash. Its parent company — Helios & Matheson — said in May that it had enough cash to last over a year. The service was unavai...

White House/Shealah Craighead President Donald Trump said that Apple planned to build new plants in the United States in a speech at the White House touting the economy on Friday. Apple has not announced plans to build f...

U.S. stocks rose on Friday as bumper earnings from Amazon lifted consumer discretionary stocks and data showed that the U.S. economy grew at its fastest pace in nearly four years.