Business News

FedEx said on Friday it would slash its chief executive's pay and draw down $1.5 billion from a credit facility as parcel delivery services take a hit from coronavirus-led lockdowns across the globe. The company also pla...

The company said its chief operating officer and other employees had fabricated financial information.

Fitch and S&P just downgraded credit ratings for 11 major retail brands as coronavirus causes massive retail closures. BDO's David Berliner says that means one thing: retail bankruptcies are in the offing.

In what's being billed as a "world first," startup Manna Aero has begun a drone delivery service in Moneygall, Ireland.

Airbnb lowered its internal valuation by 16% to $26 billion, as the U.S. home rental firm grapples with a slowdown in bookings due to the global spread of the coronavirus pandemic, a source familiar with the matter told ...

The SEC charged a former Texas pastor and his wife for allegedly defrauding hundreds of investors through an alkaline water-backed cryptocurrency TeshuaCoin.

In our search for the five safest dividend stocks around, we've looks for investments with a unique mix of characteristics, including being S&P 500 Dividend Aristocrats with 25+ years of consecutive dividend increases, n...

Remain calm. Get big. Move sideways, slowly. A lot of advice for surviving a falling stock market will sound familiar to backwoods hikers who've had grizzly encounters.

REUTERS/Arnd Wiegmann/File Photo Microsoft billionaire Bill Gates told The Daily Show that his foundation is funding the construction of factories for seven different candidates for a coronavirus vaccine. Gates said that...

The economic crisis spawned by the coronavirus pandemic has produced a wave of grim U.S. data, with likely more to come as millions lose jobs, businesses shutter and spending stops.

Oil prices fell on Friday, coming off their biggest one-day gains in the previous session after U.S. President Donald Trump said he had brokered a deal between Saudi Arabia and Russia to cut output, but made no offer to ...

For JPMorgan, the consequences of keeping some employees in the office have been swift and painful.

U.S. employment numbers will get worse amid the ongoing coronavirus outbreak before getting better, Richmond Federal Reserve President Thomas Barkin said in an interview with Bloomberg News.

Patriots owner Robert Kraft stepped up when his country and state needed him most. But former ESPN personality Jemele Hill used Kraft's philanthropic gesture as an opportunity to criticize him for supporting Donald Trump...

The DeanBeat: Subspace emerges from stealth with $26 million in funding to fix internet bottlenecks for games and entertainment.

Keep business booming by taking advantage of these six workplace trends.

Qcraft, a robotics startup developing a simulation platform for autonomous vehicles, has raised 'tens of millions' of dollars in a seed round.

Bitcoin has a chance to head closer to $8,000, says analyst as bearish sentiment continues to recede

To hear U. S. Soccer interim president Cindy Parlow Cone speak publicly, you'd never know the U. S. Soccer Federation is engaged in a lawsuit with the women's national team.

Overwhelmed and under-equipped, some health centers are innovating in the midst of the global pandemic.

Comparing the trend in Adobe's (NASDAQ: ADBE) stock over recent months with its trajectory during and after the Great Recession of 2008, we believe that the stock only offers potential gains of around 10%, and that, too,...

President Donald Trump slammed 3M Co in a tweet late on Thursday after earlier announcing he was invoking the Defense Production Act to get the company to produce face masks.