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...

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.

U.S. Treasury Secretary Steven Mnuchin said on Friday that community banks have processed hundreds of small-business loans aimed at shoring up the economy during the global coronavirus pandemic, and sounded a positive no...

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...

Such products will be strictly reserved for hospitals and government agencies—and require registration and approval to buy. If you’re hoping to get your hands on any face masks (especially the coveted N95), large-vol...

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.

Yes, the Small Business Administration's emergency funding program for the coronavirus crisis is off to a rocky start, but that shouldn't stop banks from helping customers in need.

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.

Essential coronavirus items: milk, bread, sanitizing wipes … and scented candles? Retail giant Bath & Body Works, known for its perfumed lotions and body washes, has a grand plan to reopen its doors during the coronavi...