Business News

Foreign Objects Discovered In Some Boeing 737 Max…

Foreign objects were found in some 737 Max planes being stored in Washington state and in San Antonio.

Californian will plead guilty in $150 million currency scam

A Southern California man charged with bilking nearly $150 million out of 70,000 investors worldwide through a phony digital currency scheme has agreed to enter a guilty plea to federal charges

Airbus to cut over 2,300 jobs at defense and space division

European plane maker Airbus says it plans to cut more than 2,300 jobs at its defense and space division by the end of next year

Boy Scouts Of America Files For Bankruptcy…

The BSA is facing hundreds of lawsuits from men who allege they were sexually abused when they were Boy Scouts.

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'Medicare for All' is driving a wedge through labor movement

Vermont Sen. Bernie Sanders' trademark policy proposal is dividing the labor movement

'NCIS' leads the way on quiet television week

Two long-running television competitions, ‘American Idol’ and ‘Survivor,’ made strong returns for their new seasons last week

Pier 1 Imports Files For Chapter 11 Protections

The company said Monday it started voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court in Richmond, Virginia.

Antelope worries prompt lawsuit over Wyoming gas field plan

Environmental groups are suing to contest plans for a potentially huge gas field they say would endanger antelope in Grand Teton National Park

The Hill criticizes, but does not recant, Solomon articles

The Washington publication The Hill has issued a report finding fault with articles it published by journalist John Solomon that were used as discredited narratives by President Donald Trump and many of his supporters in fighting impeachment

GM to Cease Operations In Australia, New Zealand…

GM's billion dollar restructuring plan will wind down operations in New Zealand and Australia and sell its Thai plant to China's Great Wall Motors.

Report: Work to reduce wildfire risks has…

A federal report shows that projects to reduce the risk of wildfires and protect water sources in the U.S. West have created jobs and infused more money in local economies

Boeing asks lawmakers to suspend preferential tax…

Washington state lawmakers have introduced bills, at The Boeing Co.’s request, to suspend the aerospace giant's preferential business and occupation tax rate unless the U.S. and European Union reach an agreement on their long-running international trade dispute that would allow the lower tax rate

Delta Air Lines Commits $1 Billion To Curb Its…

​The company said it plans to mitigate its use of jet fuel and invest in carbon removal projects, like forestry and wetland restoration.

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Gucci bares backstage, No. 21 celebrates a decade

Milan Fashion Weeks opened with events to show solidarity with China's fashion community, isolated by the new virus, and to give exposure to five brands from Africa

Puerto Rico goes to court against debt-restructuring deal

Puerto Rico’s government went to court on Wednesday to fight a deal that a federal control board overseeing the U.S. territory’s finances recently reached with bondholders to reduce the island’s debt by $24 billion

U.S. Wine Companies Fear 'Catastrophic' Impact Of…

The U.S. trade feud with the European Union could have some dire consequences for the wine industry.

How major US stock indexes fared Wednesday

The S&P 500 returned to a record Wednesday, and technology stocks once again helped lead the market higher

Judge rips PG&E for poor safety record leading to…

A federal judge says executives for a California utility blamed for huge wildfires in recent years have put greed before safety

BP Promises To Be 'Carbon Neutral' By 2050

The energy firm announced that it will seek to cut pollution from oil and gas enterprises and step up investments in clean energy.

Garmin, Analog Devices rise; Blue Apron, Groupon fall

Stocks that moved heavily or traded substantially on Wednesday: Garmin, Analog Devices rise; Blue Apron, Groupon fall

IRS to pay visits to high-income taxpayers who…

If you earn six figures and haven't been filing your taxes, the IRS may come knocking

Reports: DOJ Closes Antitrust Investigation Of…

The Justice Department opened an antitrust investigation last year after four automakers reached an emissions standards deal with California.

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Police ID suspect in stabbing of girl at Texas…

Police are releasing the name of a 25-year-old arrested after he allegedly stabbed a child while she was in the play area at a McDonald's restaurant in El Paso, Texas

France steps up investigation around Ghosn, Omani…

French prosecutors are turning up the heat on disgraced car industry executive Carlos Ghosn

Audi Recalls Over 100,000 Vehicles Over Takata…

The recall affects certain older Audi A4, A6, A8 and TT models.