Business News

Uber Cuts 350 Jobs In Latest Round Of Layoffs

According to TechCrunch, Uber's CEO announced the layoffs in an email sent to employees Monday.

Asian shares rise after Wall Street gain on solid…

Asian shares are higher after a gain on Wall Street boosted by healthy earnings reports from U.S. companies

New Report Criticizes FAA And Boeing For 737 Max…

​The report came from the Joint Authorities Technical Review, a panel commissioned by the FAA to review aircraft certification processes.

EU: Brexit deal in sight but UK must still do more

EU officials are hoping a Brexit deal with Britain may be sketched out within hours, but negotiations have stretched into early Wednesday in the latest effort at producing an agreement in more than three years of false starts and sudden reversals

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Strike Is Costing GM $1.1 Billion And Denting The…

GM's biggest strike since 2007 has cost its nearly 50,000 workers $624 million in compensation.

Google touts privacy options, but still depends…

Google says it cares about your privacy. Does it?

Renault Fires Its CEO In Abrupt Leadership Change

Thierry Bolloré became the French automaker's CEO in January. He replaced Carlos Ghosn, who's facing multiple financial misconduct charges.

Catalan protesters, police clash for second…

Violent clashes have erupted for a second night in Barcelona between police and protesters angry about the conviction of a dozen Catalan separatist leaders

Talks Between GM, United Auto Workers Stall 3…

The UAW's strike has reportedly already cost GM over $1 billion.

New study: Opioid crisis cost US economy $631B over 4 years

A new study finds that the opioid crisis cost the U.S. economy $631 billion over the past four years

Private Equity Investment Is Soaring In Addiction…

But recovery advocates are skeptical about the intentions investors have.

Missouri appeals court overturns $110 million talc verdict

A Missouri appeals court has overturned a $110 million verdict in a case alleging that Johnson & Johnson products containing talcum powder caused a Virginia woman's ovarian cancer

Unilever Promises To Process More Plastic Than It…

​The company wants to reduce its plastic waste, and part of its plan is to collect and process more plastic than it uses in product packaging.

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Justices seem likely to uphold Puerto Rico…

The Supreme Court seems likely to leave in place the oversight board established by Congress in response to Puerto Rico's financial crisis

GM And Striking Union Workers Fail To Reach…

The two sides failed to reach an agreement on a new four-year contract over the weekend as the strike moves into its fourth week.

End in sight? GM CEO Barra joins talks with…

General Motors CEO Mary Barra joined negotiators at the bargaining table, an indication that a deal may be near to end a monthlong strike by the United Auto Workers union that has paralyzed the company's factories

German 5G rules avoid Huawei ban; US warns on…

Germany has released draft security guidelines for next generation wireless networks that stop short of banning Huawei

Trump's sanctions won't bite a vulnerable Turkish…

U.S. sanctions announced against Turkey fall well short of doing serious damage to an economy still healing from a recession and currency collapse

JPMorgan Chase 3Q profits up 8% but loan growth…

JPMorgan Chase 3Q profits rise by 8% from a year earlier, beating analysts' expectations, helped partly by higher interest rates

French firefighters protest working conditions…

Thousands of French firefighters are protesting low pay and difficult working conditions and say they want to know they have the government's support

France OKs bill legalizing IVF for lesbians…

France's lower house of parliament approves a bill that would give single women and lesbian couples legal access to in vitro fertilization, egg freezing and fertility medication

UnitedHealth hikes annual forecast, offers…

UnitedHealth sees strong revenue growth and ups outlook for 2019

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EU fails to agree on talks with Albania, North…

European Union ministers have failed to reach a consensus on whether to open membership talks with Albania and North Macedonia amid stiff opposition from France

Huawei lashes out at Estonia for 'unfounded…

Chinese telecom company Huawei has criticized the Estonian government and media for spreading what it says are "arbitrary and unfounded" allegations about cybersecurity risks related to its mobile phones

IMF downgrades outlook for world economy, citing…

IMF further downgrades its outlook for world economy, citing trade wars and other conflicts