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Fed keeps key rate unchanged; no hint on timing of next hike

April 28, 2016 WASHINGTON — The Federal Reserve kept a key interest rate unchanged Wednesday against the backdrop of a slowdown in U.S. and global growth and provided no hint of when its next rate hike may occur. more »»

Lawmakers blast Valeant for price-gouging

April 28, 2016 WASHINGTON — Lawmakers accused Valeant Pharmaceuticals of gouging patients to reward Wall Street investors during a hearing Wednesday scrutinizing the drugmaker's pricing tactics. more »»

Facebook 1Q results beat expectations

April 28, 2016 MENLO PARK, Calif. — Facebook posted stronger-than-expected results for its first quarter, helped by a growing number of users and higher advertising revenu. more »»

Governments struggle to enforce ‘living wage’ laws

April 27, 2016 SEATTLE — States and cities whose lawmakers proudly passed “living wage” laws are finding it difficult to make sure employers actually pay their workers accordingly. more »»

Apple reports first drop in quarterly revenue since 2003

April 27, 2016 SAN FRANCISCO — Apple sold more than 51 million iPhones in the first three months of this year — and that’s the problem. more »»

Exxon loses 'AAA' rating from S&P

April 27, 2016 NEW YORK — Low oil prices have helped cost Exxon its pristine "AAA" credit rating from Standard & Poor's, a label it held for over six decades. more »»

Chipotle posts loss after giving away 6M burritos

April 27, 2016 NEW YORK — Chipotle posted its first quarterly loss as a public company Tuesday after it gave away millions of free burritos to win back customers following a series of food scares. more »»

Time Warner Cable deal gets OK, with online video conditions

April 26, 2016 NEW YORK — Federal regulators will impose several conditions meant to protect online video services as they back Charter’s bid to buy Time Warner Cable and create the country’s second-largest home... more »»

US ends Honda probe

April 26, 2016 DETROIT — The U.S. government has closed an investigation into Honda’s failure to report deaths and injuries, saying that the company has met all of its obligations. more »»

Fed will likely keep rates unchanged

April 26, 2016 WASHINGTON — The U.S. job market is healthy. The stock market is up. Home prices are rising. more »»

Valeant Pharma picks Perrigo leader to become next CEO

April 26, 2016 Embattled drugmaker Valeant Pharmaceuticals has chosen Perrigo Co. Chairman and CEO Joseph C. Papa to become its new CEO, replacing J. Michael Pearson. more »»

Bad week for German automakers: Huge costs, new scandal probe

April 25, 2016 WOLFSBURG, Germany — It’s been a bad week for German automakers. Volkswagen said Friday that a diesel emissions-cheating scandal would cost it an astounding $1. more »»

Kerry: US won’t block foreign business deals under nuke deal

April 23, 2016 NEW YORK — The Obama administration moved Friday to try to address Iranian complaints that U.S. more »»

Fiat Chrysler recalling more than 1.1M vehicles

April 23, 2016 DETROIT — Fiat Chrysler said Friday it's recalling more than 1.1 million cars and midsize SUVs worldwide because drivers can't tell if they've put the vehicles in par. more »»

No suicide risk for Chantix, Zyban

April 23, 2016 TRENTON, N.J. — Seven years after U.S. more »»

Volkswagen owners will get a choice: Buyback or repairs

April 22, 2016 SAN FRANCISCO — The owners of nearly half a million polluting Volkswagens in the U.S. more »»

Alphabet nets big gains for investors, despite 1Q letdown

April 22, 2016 SAN FRANCISCO — Larry Page’s five-year tenure as CEO of Google — and now its new corporate parent Alphabet — is reminding investors that patience pays off, despite a letdown in the first quarter. more »»

Microsoft reports weak sales, profits in 2Q

April 22, 2016 SAN FRANCISCO — Microsoft saw a surprise drop in sales and profit during the first three months of the year, in a sign the tech giant is still trying to find its way in the post-PC era. more »»

Source: VW to pay $1B to diesel owners, buy back some cars

April 21, 2016 DETROIT — Volkswagen, the U.S. more »»

EU expands battle with Google with antitrust probe

April 21, 2016 BRUSSELS — The European Union is broadening its battle with Google, alleging that the technology giant rigs the global market for mobile apps by making its Android operating system give preferential... more »»

 
 
 

 

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