Business News

Michigan Steel Plant Reportedly Planning…

CNBC reports about 200 workers will be affected.

Walmart sues Tesla for solar panels that went up in flames

Walmart is suing Tesla, saying that several solar panels that Tesla installed on Walmart store rooftops went up in flames, causing millions of dollars in damage

American Airlines will pay $22 million to settle mail case

American Airlines will pay about $22 million to settle claims that it falsified times when it relayed U.S. mail for delivery overseas

Marvel's involvement in 'Spider-Man' movies may…

Marvel Studios' involvement in future 'Spider-Man' movies may be in question

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Trump acknowledges China polices may mean US…

President Donald Trump says his administration is a looking at a variety of tax cut proposals but not as a response to a potential recession

Monopoly maker Hasbro to cut plastic use in toy…

Hasbro is giving plastic packaging the boot

Justice Department sues to block merger of airline IT firms

The Justice Department is suing to block Sabre Corp. from buying a rival that also provides airline booking services

2 drug companies settle with counties in opioid-crisis suit

Two drugmakers have reached settlements on claims filed by the first two Ohio counties set to go to trial in the national opioid lawsuit.

Business Highlights

Could we BE any more excited? 'Friends' fans nuts…

Fans of 'Friends' are going nuts for new merchandise and experiences marking the show's 25th anniversary

How major US stock indexes fared Tuesday

Stocks fell broadly on Wall Street Tuesday after another slide in bond yields and a mixed batch of corporate earnings weighed on the market

Major US stock indexes finish lower, snapping a 3…

Stocks fell broadly on Wall Street Tuesday after another slide in bond yields and a mixed batch of corporate earnings weighed on the market

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Execs starting to worry about tariffs' effects on…

Corporate America is starting to worry out loud that President Donald Trump's tariffs will depress consumer spending and undermine the economy.

Markets Right Now: Banks lead major US stock indexes lower

Financial companies led a modest slide by stocks on Wall Street as a mixed batch of company earnings and declining bond yields weighed on the market.

UK, EU only harden their positions on Brexit as G…

The European Union and Britain, which are hurtling toward a costly no-deal split in October, have kicked off a high-wire week of diplomacy by entrenching themselves deeper in their irreconcilable positions

Facebook rolls out tool to block off-Facebook…

Facebook launches 'clear history' tool in some countries under a new name

Panel takes troubled Dubai developer's disputes…

Dubai says it has set up a special committee to 'resolve multiple disputes' involving a government-owned developer amid economic slowdown

US airlines expect record crowds over Labor Day…

If you're flying over the Labor Day holiday, don't count on an empty middle seat

Huawei expects no relief from US sanctions but is…

Huawei founder expects no relief from US sanctions but is confident Chinese tech giant can thrive with its own technology

Police, protesters fill French beach resorts for…

French police are setting up checkpoints and combing Atlantic beaches to secure the area for world leaders coming for the G-7 summit

Millennial Money: Make renting work for your…

Millennials are delaying homeownership and staying in leased housing longer than previous generations, studies show

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Twitter shuts Chinese accounts targeting Hong…

Twitter has suspended more than 200,000 accounts that it believes were linked to the Chinese government and a disinformation campaign targeting protests in Hong Kong

Elanco becomes 2nd largest animal health co after $7.6B deal

Elanco Animal Health will spend $7.6 billion to acquire Bayer AG's veterinary medicines business, making it the second-largest animal health company

Global shares mixed after Wall Street rally on…

Global shares are mixed after Wall Street rallied on the US decision to give Chinese telecom giant Huawei another 90 days to buy equipment from American suppliers