Business News

Sears Estate Sues Ex-CEO, Mnuchin For Allegedly…

​The lawsuit alleges "[Eddie] Lampert caused more than $2 billion of assets to be transferred to himself and Sears' ​other shareholders."

Quest for food stamp data lands newspaper at…

In the summer of 2010, reporters at South Dakota's Argus Leader newspaper came up with the idea of requesting data about the government's food assistance program

Panel to review approval of Boeing 737 Max flight…

A team of experts next week will begin reviewing how the Boeing 737 Max flight control system was approved by the U.S. Federal Aviation Administration

AP FACT CHECK: Trump team's distortions on…

AP FACT CHECK: Trump and team claim a vindication from Russia probe that Mueller never conferred

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Business Highlights

Business Highlights

Report: FTC considering oversight of Facebook's…

Washington Post says discussions between Facebook and Federal Trade Commission officials about the company's data-handing lapses have touched on instituting some sort of oversight for company CEO Mark Zuckerberg

Ancestry pulls slavery-era ad after backlash

Ancestry.com is apologizing after an ad for the DNA testing company that showed a white man and black woman discussing escaping to the North during the Civil War era drew widespread criticism online

Honda slows Accord, Civic production as buyers shift to SUVs

Honda is slowing production of Accord and Civic cars as U.S. buyers continue to favor SUVs and trucks

Court: EPA has 90 days to justify use of dangerous pesticide

A federal appeals court has given the Environmental Protection Agency 90 days to justify why a widely used but dangerous pesticide should stay on the market

Climate protests close London bridge; 570 arrests…

Climate protesters are once again trying to shut down parts of London to urge residents to do more to protect the Earth from rising temperatures

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US home construction slips 0.3% in March

US home construction slides 0.3% in March, posing a potential challenge to homebuyers

Fiat Chrysler recalls over 300K cars due to rollaway risk

Fiat Chrysler is recalling more than 300,000 vehicles in North America because a transmission problem could cause them to roll away unexpectedly

Alibaba head's remarks spark debate over China…

Remarks by the head of Chinese online business giant Alibaba that young people should work from 9 a.m. to 9 p.m. six days a week if they want financial success have prompted a debate over work-life balance

China downplays political impact of global…

China is downplaying the political implications of its global development campaign known as the Belt and Road initiative, saying that it aims to boost multilateralism amid protectionist trends

Global stocks modestly higher in quiet holiday…

Global stock indexes are mostly moderately higher in quiet holiday trading on Good Friday as some markets are closed

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Toyota, SoftBank fund, Denso invest $1 billion in Uber

Japan's top automaker Toyota, auto parts maker Denso and internet company SoftBank's investment fund are investing $1 billion in car-sharing Uber's technology unit, Uber ATG