Business News

Facebook now deleting 66K posts a week in…

Facebook says it deleted about 600,000 posts in the last two months as the social media giant seeks to crack down on what it considers to be hateful posts

New cyberattack causes mass disruption globally

Hackers have caused widespread disruption across Europe, hitting Ukraine especially hard

Google Gets Hit With A Record Fine Over Its…

The European Commission fined Google for promoting its own online comparison shopping service over search results from competitors.

Q&A: Controversy lingers after $1.7B cleanup of…

Dredging crews left the Hudson River two years ago, but criticism of the $1.7 billion cleanup is bubbling up again

Greek garbage collectors reject compromise as…

Greece's municipal garbage collectors on Tuesday rejected a government compromise offer and decided to continue an 11-day protest that has left mounds of festering refuse piled up across Athens amid high temperatures during the key summer tourism season

Facing defections, Senate GOP leaders delay…

Senate Republican leaders are delaying a vote on their prized health care bill until at least next month

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Embattled Japanese Airbag Maker Takata Files For…

Takata is seeking bankruptcy protection in the U.S. and Japan and will sell most of its operations to Key Safety Systems.

US commerce secretary backs free trade deal with…

U.S. Commerce Secretary Wilbur Ross is saying that the United States and the European Union should have a free trade agreement

Judge denies request to restart Shkreli jury…

Jury selection at the securities fraud trial of a former pharmaceutical CEO notorious for price-gouging has hit a rough patch

US stock indexes veer lower in afternoon trading…

U.S. stocks are heading lower in late-afternoon trading, weighed down largely by a slide in phone, technology and utilities companies

SeaWorld Is Being Investigated For Its Response…

Two government agencies have subpoenaed SeaWorld officials about how they responded to the fallout from the "Blackfish" documentary.

House panel weighs privatizing air traffic control

A House panel on Tuesday weighed legislation that would split off management of the nation's skies from the Federal Aviation Administration and give that responsibility to an independent, nonprofit company

Egg executives in salmonella case must report to…

A father and son whose Iowa-based egg production company caused a massive 2010 salmonella outbreak have exhausted their appeals and a federal judge has ordered them to begin serving prison sentences

Major veterans' groups voice concern over Senate…

Major veterans' organizations are voicing concerns about a Senate GOP bill to repeal the nation's health care law

Scottish leader puts second independence…

Scottish First Minister Nicola Sturgeon puts second independence referendum on hold amid Brexit

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New Trump rules on Cuba travel leaves winners and…

The Trump administration's new policy on travel by Americans to Cuba is creating winners and losers

Google hit with record fine by EU, told to change…

The European Union has slapped a record 2.42 billion euro fine on internet giant Google for breaching antitrust rules with its online shopping service

Yellen says reforms have made financial system…

Yellen: Hopefully banking reforms mean next severe banking crisis will not happen 'in our lifetimes'

Merck says new type of cholesterol drug worked in…

Merck surprise: Experimental cholesterol drug, discounted by many, reduced heart attacks, deaths and other heart complications in huge patient study

Medicaid mission creep threatens GOP's 'Obamacare…

Medicaid mission creep threatens GOP's 'Obamacare' repeal drive; leading Republicans disagree over cuts to health care for the poor.

FDA takes steps to boost generic competition, limit prices

The Food and Drug Administration is making 2 moves to boost the number of approved generic drugs, to make medicines affordable and prevent price gouging.

Treasury chief says UK wants economy 'anchored…

Britain's Treasury chief has told a German audience that his country wants to keep its economy "anchored" in the European mainstream as it leaves the European Union

Democrats aim to blast Trump for favoring wealthy

Democrats are out to capitalize on what they believe is growing public sentiment that President Donald Trump is turning his back on the people who got him elected in favor of his wealthy peers

LA City Council oks plans for George Lucas museum

With the speed and force of a Jedi Starfighter, Los Angeles officials have cleared the way for "Star Wars" creator George Lucas to build a $1.5 billion Museum of Narrative Art just down the road from his alma mater, the University of Southern California

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Premier Li: China can control financial risks as…

China's top economic official has tried to quell concern about its rising debt levels, saying Beijing can control financial risks and hit this year's growth targets

Ingredient in popular weed killer going on list…

California regulators are taking a pivotal step toward requiring the popular weed killer Roundup to come with a warning label

GOP health bill: Big tax cuts for rich, not much…

A new analysis shows that millionaires would get tax cuts averaging $52,000 a year from the Senate Republicans' health bill