A federal appeals court says investors who profited from Bernard Madoff’s massive Ponzi scheme must pay back their profits even if they knew nothing of it.
Month by month, retailers are starting to pay more rent as states lift shutdown orders and consumers become more comfortable venturing out to shop during the coronavirus pandemic. But negotiations, sometimes heated, continue between tenants and landlords.
The Justice Department is expected to file an antitrust action against Google in coming weeks, focusing on its dominance in online search and whether it was used to stifle competition and hurt consumers, a person familiar with the matter tells The Associated Press.
Asian shares have advanced, cheered by a modest rally on Wall Street and rising hopes for fresh stimulus for the U.S. economy
Smoke from the West Coast wildfires has tainted grapes in some of the nation’s most celebrated wine regions
A judge ruled Wednesday that President Donald Trump’s son Eric Trump has until Oct. 7 to speak with New York investigators probing the family’s businesses
Asian shares have fallen as caution again sets in following a retreat on Wall Street driven by a decline in technology shares
A bipartisan bill aimed at keeping goods out of the U.S. that are made with the forced labor of detained ethnic minorities in China passed overwhelmingly Tuesday in the House of Representatives.
Shares are mostly lower in Asia as investors keep a wary eye on how the coronavirus pandemic is affecting the economic outlook
Shares are lower in Asia, tracking a retreat on Wall Street as markets tumbled on worries about the pandemic’s economic pain and a raft of other problems
Global stock markets and U.S. futures tumbled Monday after Wall Street fell for a third straight week and investors were rattled by U.S.-Chinese tension over technology and security and a rise in British coronavirus infections.
About three quarters of the country’s movie theaters are open, but Americans are not going back in significant numbers in the COVID-era, even with new films coming into the marketplace weekly.
Already in his young career, Kyle Woumn, 25, has had disappointing experiences that are too typical for a Black techie in white Silicon Valley.
Walmart, Amazon and other corporate giants donated money to a Tennessee state lawmaker’s reelection campaign after she used social media to amplify and promote the QAnon conspiracy theory
President Donald Trump says he’s given his “blessing” to a proposed deal that would see the popular video-sharing app TikTok partner with Oracle and Walmart and form a U.S. company
NBCUniversal and Roku have reached a video distribution deal, breaking a months-long impasse that had NBCUniversal threatening to black out its apps on Roku in the 11th hour.
Stocks are closing lower on Wall Street Friday, as another zig-zag week for markets ends with a third-straight weekly loss for the S&P 500
The number of Americans applying for unemployment benefits fell last week to 860,000, a historically high figure that reflects economic damage from the coronavirus outbreak
Among the businesses the coronavirus outbreak has pummeled are an untold number of companies that were on the verge of launching or that were in their early days when the virus hit.
Asian shares are slightly higher despite some investor attention shifting again to the uncertainties in global economies amid the coronavirus pandemic, as reflected in the overnight fall on Wall Street
President Donald Trump said he expects to get a report Thursday about Oracle’s bid for the Chinese-owned video app TikTok.
With the economy still struggling to recover from the pandemic recession, Federal Reserve policymakers signaled Wednesday that their benchmark short-term interest rate will likely remain at zero at least through 2023 and probably even longer
Asian stock markets have retreated after the U.S. Federal Reserve indicated it will keep interest rates near zero but announced no fresh stimulus plans
This spring, many restaurants closed as a result of lockdowns to prevent the spread of the coronavirus. As some managed to remain open for takeout and delivery, others ended up never recovering.
Apple introduced a new Watch and iPad during a virtual event Tuesday morning, but those hoping to see a new iPhone would have to wait.
Shares are mostly higher in Asia after advances for big technology companies carried Wall Street to further gains overnight
Asian stock markets are mixed after Wall Street surged on a flurry of corporate deal-making and Chinese economic activity improved
Pfizer’s coronavirus vaccine could be distributed to Americans before the end of the year if found to be safe and effective, CEO Albert Bourla said Sunday.
The owner of TikTok has chosen Oracle over Microsoft as the American tech partner that could help keep the popular video-sharing app running in the U.S., according to a person familiar with the deal who was not authorized to speak publicly about it.
For the second time this month, Hyundai is telling some SUV owners to park outdoors because an electrical short in a computer can cause vehicles to catch fire
Wall Street closed out its worst week since June with another day of churning trading Friday
Century 21 Stores — a destination for bargain hunters looking for fat deals on designer dresses and shoes, cosmetics and housewares for nearly 60 years — has filed for Chapter 11 bankruptcy and is winding down its business, shutting all 13 stores across New York, New Jersey, Pennsylvania and Florida.
Asian shares are trading mixed following a selloff of technology shares on Wall Street
United Airlines is setting its sights on Africa and India, regions that have long been minor players in its network as it tries to expand as profitably as possible during the coronavirus pandemic.
Mall owners Simon Property Group and BrooMall owners Simon Property Group and Brookfield Property Partners are close to a deal to buy Plano-based department store chain J.C. Penney out of bankruptcy and keep the chain running.
The pilots’ union at United Airlines said Wednesday it has reached an agreement with the carrier to prevent the furlough of nearly 3,000 pilots when a federal prohibition on job cuts ends Oct. 1.
Asian stock markets have gained after Wall Street rebounded from a slump for tech stocks
Boeing has recorded its first orders of the year for the grounded 737 Max, but a new flaw has surfaced in another of its planes, compounding the company’s struggle to recover during a pandemic that has undercut demand for new jetliners.
JPMorgan Chase said Tuesday that a number of its employees and customers may have abused the Paycheck Protection Program and other coronavirus stimulus programs.
It’s the time of year when gardeners are turning their ripe tomatoes into sauces and salsas and cucumbers into pickles but a boom in gardening and preparing food at home during the coronavirus pandemic has led to a scarcity of certain supplies with which to preserve them
Many of us have had to reconsider our living situation because of the pandemic
Shares have fallen in Asia after a sell-off of big technology stocks on Wall Street
Global stock markets were mixed Monday after Wall Street turned in its biggest weekly decline in more than two months.
The Seattle suburb of Bellevue may soon be Amazon’s unofficial “HQ3.”
The stock market ended a second straight day of turbulent trading with more losses Friday, but managed to recoup some lost ground by the end of the day
It may not be last call for The Pour House Bar & Grill after all. Charles M. Talanian, the principal owner of the real estate firm which owns the Pour House, told the Boston Business Journal he’s negotiating to buy out his business partners and reopen the bar, hopefully with some of the same staff. The leases for both...
The U.S. trade deficit surged in July to $63.6 billion, the highest level in 12 years, as imports jumped by a record amount
With just two months left until the U.S. presidential election, Facebook says it is taking additional steps to encourage voting, minimize misinformation and reduce the likelihood of post-election “civil unrest.”
The number of laid-off Americans applying for unemployment benefits fell to roughly 880,000 last week, a sign of possible improvement but evidence that the viral pandemic keeps forcing many businesses to slash jobs
Asian markets are lower after stocks fell sharply on Wall Street, as investors’ exuberance faltered after a spate of record highs
The federal budget deficit is projected to hit a record $3.3 trillion as huge government expenditures to fight the coronavirus and to prop up the economy have added more than $2 trillion to the federal ledger
United Airlines on Wednesday said it is planning to cut more than 16,000 jobs as early as next month, after federal coronavirus aid that protects aviation jobs runs out.
Asian stock markets have risen after Wall Street turned in its biggest daily gain since July despite uncertainty about the global economic outlook
Exceptionally strong demand, historically low supply and record low mortgage rates are combining to fuel the fastest home price growth since 2018.
Treasury Secretary Steven Mnuchin says the Trump administration remains willing to work on a bipartisan agreement to help small businesses, the unemployed, children and schools afftected by the coronavirus outbreak
More than 50 former McDonald’s franchisees are suing the fast-food giant for racial discrimination, alleging that it denied them the same opportunities as white operators and pushed them out of the system.
Asian shares are mixed after another U.S. rally spurred by positive economic data, even while the coronavirus pandemic has regions around the world battling recessions
Walmart is launching a new membership service for shoppers this month that it hopes can compete with Amazon Prime
McDonald’s slammed former CEO Steve Easterbrook in a new legal filing on Monday, arguing that he should have to defend his conduct in court.
A slew of once-beloved brands from Lord & Taylor to Ann Taylor have filed for Chapter 11 since the pandemic. Many shoppers will see these iconic labels vanish or become mere shadows of themselves as they drastically shrink their businesses or get acquired.
Asian shares have edged lower after a retreat overnight on Wall Street
Delta and American are following the example set by United Airlines and saying they will drop an unpopular $200 fee on customers who change a ticket for travel within the United States. The moves come as airlines try desperately to lure people back to flying.
A House oversight subcommittee has opened a probe of all federal contracts negotiated by White House trade advisor Peter Navarro after the Trump administration abruptly canceled the bulk of a $646 million ventilator contract with Royal Philips, Rep. Raja Krishnamoorthi, D-Ill., told CNBC on Monday.
Amazon received federal approval to operate its fleet of Prime Air delivery drones, the Federal Aviation Administration said Monday, a milestone that allows the company to expand unmanned package delivery.
Global stocks were mixed Monday after Wall Street turned in its fifth straight weekly gain and China’s manufacturing growth held steady.
Walmart may be the world’s largest retailer but it has mostly failed in its efforts to break Amazon’s online dominance
The company that owns the Trump International Hotel in Vancouver has filed for bankruptcy
Fiat Chrysler is recalling over 186,000 Ram pickups and is telling owners to take them to dealers because floor mats can interfere with the gas pedals
MGM Resorts is laying off 18,000 people as an unchecked pandemic leaves economic scars across a broad swath of U.S. industries, particularly those that rely on healthy crowds of people
