Business News

European Commission Slaps Google With Record $5…

The European Commission said Google used Android's operating system to illegally make its search engine dominant.

US coal ash pollution rules eased after industry…

The Trump administration is easing rules for handling toxic coal ash from more than 400 coal-fired power plants across the U.S. after utilities objected to the regulations adopted under former President Barack Obama

EU fines Google a record $5 billion over mobile…

The European Union has fined Google a record $5 billion for forcing cellphone makers that use the company's Android mobile operating system to install Google apps

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FCC Chief Has 'Serious Concerns' About The…

The two broadcasting companies announced their merger plans in May 2017.

Gov't report accuses agency of inadequate recall monitoring

An investigation has found that the U.S. government's highway safety agency failed to act quickly on a consumer complaint, and that could have delayed recalls of dangerous Takata air bag inflators

United Continental and Grainger rise; Devon Energy skids

United Continental Holdings and WW Grainger climb while Devon Energy and Lennar fall

Trade Tensions Won't Impact Economy for Months…

Jul.18 -- Mark Howard, BNP Paribas senior multi-asset specialist, reacts to the Federal Reserve's Beige Book economic report. He speaks with Bloomberg's Scarlet Fu and Lisa Abramowicz on "Bloomberg Markets."

How major US stock indexes fared Wednesday

Big gains for banks and for transportation companies like airlines and railroads took U.S. stock indexes slightly higher Wednesday

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Markets Right Now: Airlines, banks lead US stocks higher

Stocks are ending modestly higher as big gains for transportation and financial companies were partly offset by losses elsewhere.

Soy "milk" makers may need to find alternative…

Soy and almond drinks calling themselves "milk" may need to consider alternative language

IBM Reports 2018 Second-Quarter Results

Frustrated US lawmakers threaten action on Trump's tariffs

Congress is losing patience with the Trump administration's reliance on tariffs to win trade disputes

Bull Market Could Last Another 2.5 Years…

Jul.18 -- Samantha Azzarello, JPMorgan Asset Management global market strategist, reacts to Federal Reserve Chairman Jerome Powell's testimony before the House Financial Services Committee and discusses the outlook for the U.S. economy. She speaks with Bloomberg's Shery Ahn and Jon Erlichman on "Bloomberg Markets."

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Fed says trade war downturn could pose challenges

Powell says Fed's ability to fight a downturn caused by trade war could get challenging

Regulators seek end to stricter oversight of Zions Bancorp

Federal regulators seek removal of strict government oversight imposed on Zions Bancorp, a big regional bank that received a taxpayer-funded bailout during the financial crisis

Powell Says There's No Evidence of an Imminent…

Jul.18 -- Federal Reserve Chairman Jerome Powell comments on the prospects for the U.S. economy and the yield curve during testimony before the House Financial Services Committee.