Business News

Nike has paid Michael Jordan an estimated $1.3 billion over nearly four decades, but the Jordan Brand is easily worth more than $10 billion, in addition to the billions of dollars in profits it generated for the Swoosh.

Matt Keough, the once-promising Oakland A's ace who battled substance abuse after a traumatic brain injury in 1992, died May 2nd at 64.

After a historic rally in the stocks during the month of April, investors appear to be expecting a pullback and favor lower risk assets.

Big Macs delivered on meal trolleys, hand sanitizers at the entrance and designated waiting spots to separate customers could become a feature of McDonald's restaurants in the Netherlands when they are allowed to reopen.

With online wine sales spiking during the pandemic, many wineries have turned to virtual wine tastings to connect with guests in lieu of tasting room experiences.

Nobody is happy that COVID-19 is indefinitely delaying the start to the 2020 Major League Baseball season, but for injured players, it offers an odd silver lining.

Lufthansa is hopeful its bailout talks with the German government can be concluded soon, the airline's board told staff in a letter seen by Reuters, adding that it is also considering alternatives such as creditor protec...

The U.S. Small Business Administration has processed over 3.8 million loans for more than half a trillion dollars since the launch of the Paycheck Protection Program on April 3 to deal with the economic fallout of the co...

Bitcoin halvings are nothing new, but plenty has changed since 2016. Can the previous network dynamics provide a clue for 2020?

The cost to ship gasoline, diesel and jet fuel around the world has soared to record highs, as traders look to dodge the commodity price crash by stashing refined oil at sea.

Here are five things in technology that happened this past week and how they affect your business. Did you miss them?

Warren Buffett on Saturday gave an upbeat assessment of the United States' ability to withstand crises, even as he acknowledged that the coronavirus pandemic could have a wide range of impacts on the economy and his inve...

Frederick Joseph has so far helped nearly 1,500 individuals around the world.

The Federal Reserve has scrapped plans to use a $600 billion aid program for small and midsize businesses to promote the use of its preferred replacement for the troubled London interbank offered rate.

It's time for the Fed to take a victory lap -- and watch tens of billions of annual profits roll in.

Some of the 20th century's biggest names in corporate America are in danger of going the way of Sears, Blockbuster and RadioShack.

As Americans shelter at home, everyday shopping habits have changed, perhaps permanently, with online grocery sales way up, and department stores struggling to survive. CBS News business analyst Jill Schlesinger talks wi...

Don't be like this guy.

Investors say they are 'flying in the dark' as the dispersion of earnings estimates reaches its highest level since 2009.

Buffett confirmed that he sold all of his airline stocks during the first quarter.

India has ordered all public and private sector employees use a government-backed contact tracing app and maintain social distancing in offices.

United sent its pilots a email describing planned 'displacements' on Saturday, becoming the first U.S. airline to disclose its staff reduction plans.