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Europe hits Apple with a $15B-plus tax bill

August 31, 2016 SAN FRANCISCO — The European Union ordered Apple on Tuesday to pay nearly $15 billion in back taxes to Ireland, plus billions more in interest, in a move that dramatically escalates the fight over... more »»

Developer buys iconic Tribune Tower in Chicago

August 31, 2016 CHICAGO — The iconic Tribune Tower on Chicago's Michigan Avenue will have a new owner. Los Angeles-based CIM Group has agreed to buy the tower for up to $240 million. more »»

US wants to force lower speeds on truck and bus drivers

August 27, 2016 DETROIT — The U.S. is seeking to forcibly limit how fast trucks, buses and other large vehicles can travel on the nation’s highways. more »»

Yellen suggests rate hike offers no timetable

August 27, 2016 WASHINGTON — Federal Reserve Chair Janet Yellen said Friday that the case for raising interest rates has strengthened in light of a solid job market and an improved outlook for the U.S. more »»

US economy grew at 1.1 percent pace in spring

August 27, 2016 WASHINGTON — The U.S. economy expanded at a sluggish 1.1 percent pace this spring as businesses sharply reduced their stockpiles of goods and spent less on new buildings and equipment. more »»

Mylan boosts EpiPen patient programs, doesn’t budge on price

August 26, 2016 The maker of EpiPens offered patients more help to pay for its costly emergency allergy shots but didn’t budge Thursday on the $608 price. The announcement from Mylan N.V. more »»

Activist discovers Israeli spyware on iPhone

August 26, 2016 AJMAN, United Arab Emirates — The suspicious text message that appeared on Ahmed Mansoor's iPhone promised to reveal details about torture in the United Arab Emirates' prisons. more »»

Jury: GM ignition switch not to blame in crash

August 26, 2016 HOUSTON — A Texas jury on Thursday found that a General Motors Co. more »»

The hidden risk to the economy in corporate balance sheets

August 25, 2016 NEW YORK — America has a debt problem, but it’s not what you think. Yes, the federal government owes trillions of dollars more than it did a few years ago. more »»

Pfizer on buying spree with AstraZeneca deal

August 25, 2016 TRENTON, N.J. — Drugmaker Pfizer In. more »»

Home sales fell in July amid inventory shortage

August 25, 2016 WASHINGTON — US homebuyers pulled back in July, as sales declined amid a shortage of available properties and steadily rising prices. Sales of existing homes fell 3. more »»

Beer mega merger: what court ruling means for troubled deal

August 24, 2016 LONDON — A British court has ruled that two groups of shareholders in brewing company SABMiller should vote separately on the 79 billion pound ($104 million) takeover offer made by rival... more »»

Lawmakers demand information on EpiPen price increase

August 24, 2016 WASHINGTON — Members of Congress are demanding more information on why the price for lifesaving EpiPens has skyrocketed. more »»

Best Buy posts higher profit, better sales figures

August 24, 2016 NEW YORK — Best Buy’s profit jumped 21 percent as the nation’s largest consumer electronics retailer increased sales online and tried to create a better shopping experience in the stores while it... more »»

US new-home sales at best level since 2007

August 24, 2016 WASHINGTON — Americans stepped up their purchases of new homes in July to the fastest pace in nearly nine years, the latest sign that low mortgage rates and a solid job market are helping support th... more »»

McDonald's recalls Happy Meals fitness bands

August 24, 2016 NEW YORK — McDonald's is recalling millions of fitness bands that had been given away in Happy Meals because they might cause skin irritation or burns to children. more »»

Obama administration to phase out some private prison use

August 19, 2016 WASHINGTON — The Obama administration announced Thursday it will phase out its use of some private prisons, affecting thousands of federal inmates and immediately sending shares of the two publicly... more »»

Uber to offer self-driving car rides in Pittsburgh

August 19, 2016 SAN FRANCISCO — The option to hail a ride in a self-driving car, which was science fiction just a few years ago, will soon be available to Uber users in Pittsburgh, the first time the technology has... more »»

Gap offers muted outlook for annual earnings

August 19, 2016 NEW YORK — Gap Inc. offered a downbeat outlook for its annual profit on Thursday after reporting a 43 percent drop in net income for the second quarter, weighed down by moves to close store. more »»

Making extra mortgage payments can pay off, but should you?

August 18, 2016 It’s a strategy that crosses the mind of many borrowers when they take on a home loan: Make an extra mortgage payment or two every year and save tens of thousands of dollars in interes. more »»



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