Sale of Los Angeles Times to Billionaire Being Negotiated

The owner of the Los Angeles Times is in talks to sell the newspaper to a billionaire medical entrepreneur. Dr. Patrick Soon-Shiong, a major shareholder...

Asian Stock Indexes Reflect Dow Jones Rally in Early Trading

Japanese and Korean benchmarks were recouping losses from the day before in early Wednesday trading, mirroring a similar “correction” rally on Wall Street. Japan’s benchmark...

US Stocks Drop for a Second Day in a Row, Led by Health Care

The U.S. stock market fell sharply Tuesday afternoon, on pace for its worst day since August and its first two-day losing streak in more...

Amazon, Warren Buffett, and JPMorgan Form New Health Care Company

Amazon, Warren Buffett and JPMorgan are forming a new company to address the health care costs of their employees, sending shares of health care...

Coffee Brand Keurig Buying Dr Pepper Snapple Group

Keurig is buying Dr Pepper Snapple Group, bringing together the make-at-home coffee brand with the company behind Dr Pepper soda, Mott’s apple juice and...

Vegas Casino Mogul and RNC Chairman Steve Wynn Accused of Decades-Long Pattern of Sexual...

Shares of Wynn Resorts plunged 10% in Friday trading after The Wall Street Journal reported allegations that billionaire CEO and chairman Steve Wynn engaged in sexual...

New York Man With Down Syndrome Starts Million-Dollar Sock Company

For most of his life, John Cronin completed his outfits with a pair of wild socks. His older brothers often asked dad, Mark Cronin,...

Starbucks Gives Workers Raises and Stock Grants Because of Tax Law

Starbucks is giving its U.S. workers pay raises and stock grants this year, citing recent changes to the tax law. All employees will soon be...

Amazon Drivers in UK Win Legal Battle Which Could Help 15,000 Workers Claim Back...

Drivers delivering Amazon ­parcels secured a victory that could pave the way for up to 15,000 others to claim back cash, unions say. Logistics firm...

Nestle Sells U.S. Confectionery Business to Ferrero on Path to Healthier Products

Swiss food group Nestle has agreed to sell its U.S. confectionery business to Italy's Ferrero for $2.8 billion, it said Tuesday, marking CEO Mark...
Part of the overall show floor is seen during the press preview days at the North American International Auto show at Cobo Center January 14, 2008 in Detroit, Michigan. The NAIAS is the world's largest auto show. (Photo by Bryan Mitchell/Getty Images)

Detroit Auto Show Celebrates Best 3-Year Stretch Ever, But Era May be About to...

Automakers have reason to celebrate as they gather this week at the Detroit auto show to unveil the new range of brawny trucks, high-tech cars and...
Sheryl Sandberg (Photographer: Michael Short/Bloomberg)

Sheryl Sandberg, Jack Dorsey to Leave Board of Disney as Facebook, Twitter Move Into...

Facebook Inc.’s Sheryl Sandberg and Twitter Inc.’s Jack Dorsey are stepping down from Walt Disney Co.’s board as the increasing competition between media and...
Shia Yearwood

North Carolina Woman Uses Mugshot to Promote her Braiding Business

Going viral can double-edged sword. It can be for negative reasons (for brands like H&M) or positive ones. Such is the case for 23-year-old...

U.S. Supreme Court to Consider Allowing States to Collect Taxes On Sales Made On...

The U.S. Supreme Court will consider freeing state and local governments to collect billions of dollars in sales taxes from online retailers, agreeing to...

Strongest Holiday Sales Since Great Recession Rose 5.5%, Topping Industry’s Forecast

Holiday sales jumped 5.5 percent compared with last year, marking the largest jump seen since the end of the Great Recession, the National Retail...

Walmart Raising Starting Pay, Closing 63 Sam’s Clubs

Walmart confirmed Thursday that it is closing dozens of Sam’s Club warehouse stores — a move that a union-backed group estimated could cost thousands...

National Black Church Initiative Asks Federal Trade Commission and Consumer Financial Protection Bureau To...

The National Black Church Initiative (NBCI) a faith-based coalition of 34,000 churches comprised of 15 denominations and 15.7 million African Americans has asked both...

Jeff Bezos is Now the Richest Person Who Ever Lived

Jeff Bezos is now the richest person of all time. That should put an Amazon smile on his face. The Amazon CEO's net worth reached...
Traders work on the floor of the New York Stock Exchange (NYSE) at the closing bell, November 30, 2017 in New York City. On Thursday afternoon, the Dow closed at over 24,000 points for the first time in its history. (Getty Images)

Dow Jumps Up by 116 Points, Adding to Optimistic Outlook for 2018

U.S. equities rose to record highs on Tuesday as investors remained optimistic about the market heading into the corporate earnings season. The Dow Jones industrial...
Jamie Dimon thinks the economy is about to rocket higher. (Getty)

Even Jamie Dimon Thinks U.S. Will See 4% GDP Growth Under Trump

‘If we have a couple of years of good growth, that could justify the markets where they are. Four percent economic growth this year...