Two Top Uber Executives Leaving Company After Internal Shakeup

Uber is parting ways with two of its top executives less than a month after the company’s rocky stock market debut. CEO Dara Khosrowshahi told...
FILE - In this Dec. 19, 2012, file photo, a man walks past a Wells Fargo branch in Philadelphia. Wells Fargo has agreed to pay at least $385 million to settle a California lawsuit alleging it signed up thousands of auto loan customers for costly car insurance without their consent, resulting in many having their vehicles repossessed. The bank filed the agreement Thursday, June 6, 2019, in a federal court in Santa Ana, Calif. It still needs a judge's approval. (AP Photo/Matt Rourke, File)

Wells Fargo Agrees to Pay $385 Million to Settle Car Loan Lawsuit

Wells Fargo has agreed to pay at least $385 million to settle a California lawsuit alleging it signed up thousands of auto loan customers...
This image captured on Friday, June 7, 2019 shows a Sept. 4, 2018 post on Facebook cited by the U.S. Food and Drug Administration as promoting an e-cigarette formula without including the required nicotine warning statement. On Friday, the FDA sent warning letters to four companies that used paid social media specialists to pitch their fruity and candy nicotine formulas to their online followers. (AP Photo)

FDA Targets Vaping Social Media Influencers Over Online Promotions

U.S. regulators moved to discipline vaping companies for inappropriately promoting their flavored nicotine formulas through so-called influencers on Facebook, Twitter and other social media...
FILE - In this May 2, 2019, file photo Ethan Brown, center, CEO of Beyond Meat, attends the Opening Bell ceremony with guests to celebrate the company's IPO at Nasdaq in New York. Plant-based meat maker Beyond Meat beat Wall Street’s expectations in its first earnings report since its IPO last month. The El Segundo, California-based company lost $6.6 million, or 95 cents per share, in the first quarter, up slightly from a 98-cent loss in the same period a year ago. (AP Photo/Mark Lennihan, File)

Plant-based Burger Maker Beyond Meat Beats Forecasts in First Quarter

Beyond Meat went beyond expectations in its first earnings report since its stock market debut last month. The plant-based meat maker’s shares soared after it...
Sephora employees gather in one of the company's closed stores, in New York, Wednesday, June 5, 2019. Sephora is closing its U.S. stores for an hour Wednesday to host inclusion workshops for its employees, just over a month after R&B star SZA said she had security called on her while shopping at a store in California. (AP Photo/Richard Drew)

Sephora Closes U.S. Stores for 1-hour of ‘Diversity and Inclusivity Training’

Sephora closed all of its U.S. stores for an hour Wednesday to host “inclusion workshops” for its 16,000 employees, just over a month after...

Why Chick-fil-A’s Decision to Close Its Restaurants on Sundays is a Brilliant Business Strategy

Chick-fil-A is achieving sales numbers no other chicken chain in the industry can top — and it's doing it with one fewer day of...

Apple Shares Fall After Report That Dept. Of Justice Is Including Them in Antitrust...

Shares of Apple Inc were down nearly 3% in afternoon trading on Mon following a Reuters report that the U.S. Dept of Justice was...

Wall Street Declines as Shares of Facebook, Alphabet, & Amazon Fall

The three major U.S. stock indexes declined on Monday on weaker-than-expected economic data, while shares of Alphabet, Facebook and Amazon.com fell sharply on fears...

Anonymous Bidder Offers Over $4.5 Million to Dine With Warren Buffett

An anonymous bidder has offered more than $4.5 million to have a private lunch with billionaire investor Warren Buffett, shattering the previous record of...

FedEx to Begin Delivering 7 Days a Week to Satisfy Online Shoppers

FedEx plans to deliver packages seven days a week starting next January as it tries to keep up with the continuing boom in online...

Italian Broadcaster Mediaset Buys Stake in Germany’s ProSiebenSat.1

Italian broadcaster Mediaset has bought a 9.6% stake in Germany’s ProSiebenSat.1, effectively securing a seat at the table in any future discussions on creating...

Exxon Mobil Shareholders Reject Proposal to Split the Roles of CEO and Board Chairman

Exxon Mobil Corp shareholders on Wednesday rejected a proposal that would have split the roles of the chief executive officer and board chairman at...

One of UK’s Biggest Retailers, Boots, Plans to Close Almost 200 Stores in Fresh...

Boots, one of the UK's biggest retailers, is planning to shut hundreds of stores across the country, delivering a fresh blow to the battered...
In this Monday, May 20, 2019, photo, shoppers visit a Huawei store in Beijing. Chinese tech giant Huawei has filed a motion in U.S. court challenging the constitutionality of a law that limits its sales of telecom equipment. (AP Photo/Ng Han Guan)

Huawei Asks Court to Rule U.S. Security Law Unconstitutional

Fighting to maintain its access to major markets for next-generation communications, Chinese tech giant Huawei is challenging the constitutionality of a U.S. law that...

Zuckerberg’s Power Challenged at Facebook Shareholder Meeting — But Challenge is Already Doomed

For the fifth straight year, Julie Goodridge has submitted a proposal to Facebook Inc.’s board of directors for a shareholder vote at the company’s...
MacKenzie Bezos (Photograph by Elena Seibert, Credit: The New Yorker)

Newly Divorced MacKenzie Bezos Signs ‘Giving Pledge’, Will Give Away Half of her $36...

MacKenzie Bezos, who finalized her divorce from Amazon founder and CEO Jeff Bezos earlier this year, is pledging to give away half her fortune...

Italian Regional Utility Iren Considering Selling Stake in LNG Plant

Italian regional utility Iren is considering selling its 49.1% stake in the country’s second-biggest liquefied natural gas terminal and has been in touch with...
FILE PHOTO: A new Renault Arkana mid-size crossover in a showroom at a Renault factory in Moscow, Russia, April 11, 2019. REUTERS/Evgenia Novozhenina/File Photo

Fiat Chrysler and Renault Pursue $35 Billion Merger to Combat Car Industry Upheaval

Fiat Chrysler pitched a finely balanced merger of equals to Renault on Monday to tackle the costs of far-reaching technological and regulatory changes by...
A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, May 27, 2019. Shares were mixed early Monday in Asia in the absence of fresh news on the tariffs standoff between the U.S. and China. (AP Photo/Ahn Young-joon)

World Stocks Rise as EU Vote Avoids Worst Case Scenarios

Stocks rose in Europe on Monday, after a mixed day in Asia, as pro-EU forces retained a majority in the 28-nation bloc’s parliament despite...
A truck hauls a shipping container at Yusen Terminals (YTI) on Terminal Island at the Port of Los Angeles in Los Angeles, California. (Mike Blake | Reuters)

JP Morgan Slashes Second-quarter GDP Forecast to Just 1%

J.P. Morgan economists said they now see much slower second-quarter growth of just 1%, down from their prior forecast of 2.25% and way off...