Business News

The consortium is starting out with a dozen banks and could have 50 within a year.

Under Armour is scrambling to do damage control amid reports that its chief executive has run the company like a frat house. For years, Chief Executive Kevin Plank and other execs took athletes and co-workers to the Scor...

The bank says a calculation error led it to deny help to distressed homeowners; a former U.S. deputy attorney general will help with in the 1MDB fraud scandal.

Trifo, a home robotics startup based in San Franscisco, with satellite offices in Beijing and Shenzhen, has raised $11 million.

U.S. stocks were on course to open higher on Wednesday after the midterm elections handed Democrats the House of Representatives and saw Republicans reinforce their control of the Senate in a widely expected outcome.

Today is Diwali, the Hindu holiday of lights. It's kind of like Christmas and New Year's Eve combined for consumers in India--it's a gift-giving holiday that also marks the Hindu new year. And, according to data from dig...

Riot Games has been under scrutiny since employees went public this year with allegations detailing a workplace rife with sexism and harassment. Now, the Los Angeles company behind the hugely popular "League of Legends" ...

U.S. stock futures rose in volatile trading on Tuesday after a closely followed forecasting website said chances had fallen that the Democratic party would win the House of Representatives in U.S. midterm congressional e...

Experts said other sales and discounts offered by Target, Amazon and Walmart would help consumers decide where to shop.

If Brexit talks fail, it's not clear what would replace travel agreements between the UK and EU.

It's the third straight quarter of dropping sales for a company trying to distance itself from controversial founder

The company was impressed with the "Seattle"-like vibe of Long Island City.

British Prime Minister Theresa May and European Council President Donald Tusk spoke by phone Wednesday amid signs of movement in deadlocked Brexit talks. Tusk tweeted that the pair spoke "to …

Stocks rose after the midterm vote, which resulted in a divided Congress after the Democrats won back the House. The outcome was expected by investors.        

Researchers at eBay describe an AI technique that identifies outliers in datasets. In one test, it identified 40 percent of credit card fraud cases.

A majority of voters say they feel confident about the nation's economy. Our CBS News exit poll found about two-thirds of voters think the economy is "excellent" or "good." That's the highest number in a midterm election...

U.S. stocks opened higher on Wednesday after the midterm elections handed Democrats the House of Representatives and saw Republicans reinforce their control of the Senate in a widely expected outcome.

Facebook CEO Mark Zuckerberg has rejected a request to appear before an international parliamentary committee delving into the questions around fake news. The rebuff came after Damian Collins, the head …

Voters have supported two new tax increases to boost Indiana's largest school district. Measures on the ballot Tuesday included $220 million in additional tax dollars to help pay for operating …

Apple Inc is not in talks "at any level" to settle its wide-ranging legal dispute with mobile chip maker Qualcomm Inc , according to a source familiar with the matter.

It's a warning for a party that is usually the champion of free trade to remember its roots.

People are remarkably upbeat about retirement. Except that they're dreaming, and not planning.