Business News

Billionaire investor Carl Icahn plans to drive casino giant Caesars Entertainment to sell itself

Asian stocks advanced to 4-1/2-month highs on Wednesday as investors bet that Chinese and U.S. trade negotiators would be able to secure a deal to de-escalate their year-long tariff war.

South Korean prosecutors on Wednesday raided the office of Hyundai Motor Co's quality division in southern Seoul as part of a probe into how the automaker and affiliate Kia Motors Corp handled vehicle recalls over engine...

Qualcomm Inc is urging U.S. trade regulators to reverse a judge's ruling and ban the import of some Apple Inc iPhones in a long-running patent fight between the two companies.

The United States should respect China's right to develop and become prosperous, the Chinese government's top diplomat told a visiting U.S. delegation, reiterating that the country's doors to the outside world would open...

Oil prices slipped from 2019 highs on Wednesday as soaring U.S. production and expectations of an economic slowdown undermined efforts led by producer club OPEC to cut supply to tighten global markets.

There's plenty of demand for Tesla Inc.'s Powerwall home-battery systems. The trick is finding installers that have them. Only 12% of U.S. companies that install solar panels and residential batteries carry the Powerwall...

Corporate executives worried about workplace shootings are quietly installing gunfire-detection systems in U.S. offices and factories. Most don't tell employees what the sensors are, for fear of alarming them.

More than three dozen organizations are asking the FDIC to reject Square's pending application to become an industrial loan company, according to a letter filed Tuesday.

Credit card issuers would have to set aside more in reserves because of higher loss histories, according to research by Keefe, Bruyette & Woods on the impact of the new loan-loss standard.

Revenue at Ferrero reached $12 billion in the fiscal year ended in August, as the group included sales of products like Butterfinger and BabyRuth chocolate bars bought from Nestle at the end of March.

The agency's effort is a good first step to updating brokered deposit rules, but regulators excluded several important considerations in their advance notice of proposed rulemaking.

Representatives of European Union governments endorsed on Wednesday a deal reached with the EU Parliament on the overhaul of the bloc's copyright rules, the Romanian presidency of the EU said in a statement on Twitter.

Palestinian President Mahmoud Abbas says he will not accept a monthly tax transfer from Israel if it carries out its decision to deduct amounts the Palestinians pay to the families …

A federal judge in West Texas has sentenced two former public officials to prison for accepting bribes in awarding a document management system to a company. Judge David Counts on …

Estonia is investigating allegations linking Swedbank to suspicious transactions in the country involving Danske Bank, Estonia's state prosecutor said on Wednesday.

Ideas don’t sell themselves.

Stocks are wavering in early trading on Wall Street as investors sized up the latest company earnings reports.

County officials in southeastern Nebraska have approved a rule aimed at protecting residents who aren't being paid to participate in a wind farm project. The Lincoln Journal Star reports that …

U.S. stocks opened little changed on Wednesday, after a handful of downbeat earnings reports, while investors weighed the latest developments in trade talks between the United States and China.

Tesla Inc said on Wednesday its general counsel Dane Butswinkas is leaving the electric carmaker just two months into the job, the latest in a string of top-level departures at the company.

Gannett reported a decline in fourth-quarter revenueand earnings on Wednesday despite increases in digital revenue and paid online subscriptions.