Business News

  • Lenders start push for OK of merger

    One day after announcing a blockbuster $35.3 billion megamerger, the top executives for Capital One and Discover Financial Services started trying to sell thei…

  • IRS puts scrutiny on private jet usage

    WASHINGTON -- First, there were trackers on Taylor Swift and other celebrities' private jet usage. Now, there will be more scrutiny on executives' tax write-of…

  • Major indexes mostly up after sluggish trade day

    NEW YORK -- Stocks ended mostly higher on Wall Street Wednesday after a listless day of trading with big technology stocks again acting as a heavy weight on th…

  • Boeing’s 737 chief makes exit in shake-up

    SEATTLE -- Boeing said Wednesday that the head of its 737 program is leaving the company in an executive shake-up weeks after a door panel blew out on a flight…

  • Minutes show Fed uneasy, despite progress

    WASHINGTON -- Federal Reserve officials acknowledged at their most recent meeting in January that there had been "significant progress" in reducing U.S. inflat…

  • China cuts 5-year loan prime rate

    BANGKOK -- China's central bank announced Tuesday that it cut its 5-year loan prime rate while leaving its 1-year rate unchanged in the latest move to ease pre…

  • U.S. casinos’ $66B year a record

    ATLANTIC CITY, N.J. -- America's commercial casinos won $66.5 billion from gamblers in 2023, the industry's best year ever, according to figures released by it…

  • Markets drop under weight of tech stock losses

    NEW YORK -- Technology stocks led Wall Street broadly lower on Tuesday as chipmaker Nvidia pulled back ahead of its highly anticipated earnings report this wee…

  • Bayer AG chops dividend by 95% to help cash flow

    Bayer AG plans to lower its dividend by 95% in an effort to dig itself out of a hole created by the acquisition of Monsanto Co. that saddled the German company…