Business News

AT&T Sued For Allegedly Inflating DirecTV Now…

Employees allegedly used fake email addresses and customers financial information to charge them for subscriptions.

Japan exports sink on weaker trade with China, US

Japan's exports fell 12% in August from a year earlier and its trade surplus

Sanders-Biden feud ramps up in front of key union…

Sanders-Biden feud ramps up in front of key union audience

South Korea confirms 2nd case of African swine fever

South Korea has confirmed a second case of African swine fever near its border with North Korea, raising concerns that the outbreak could spread and wreak havoc on the country's massive pig herds

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South Korea downgrades Japan trade status as…

South Korea has gone ahead with plans to drop Japan from a list of countries receiving fast-track approvals in trade in a tit-for-tat reaction to Tokyo's decision to downgrade Seoul's trade status

Air China jet returns to Dulles after engine fire reported

Officials say an Air China jet bound for Beijing has made an emergency return to Dulles International Airport after reporting an engine fire

University of California to dump fossil fuel investments

The University of California is dumping fossil fuel investments from its nearly $84 billion pension and endowment funds, calling them a financial risk

The Latest: Saudi minister: 50% of crude…

Saudi Arabia's energy minister says 50% of the production cut by the attack on its oil processing plant has been restored

FedEx profit falls, company cites uncertainty…

FedEx's profit drops 11% as the company is hit by slowing global growth and loss of business with Amazon

Purdue Pharma to stay in business as bankruptcy…

A judge has cleared the way for OxyContin maker Purdue Pharma to stay in business while it pursues bankruptcy protection and settlement of lawsuits

Democrats raise political influence issue in antitrust probe

Senate Democrats are challenging a new Justice Department probe into a deal between California and four big automakers, suggesting it was politically motivated and accusing the Trump administration of using antitrust powers to target political opponents

Facebook to name first oversight panel members by…

Facebook says it expects to name the first members of a quasi-independent oversight board by year-end

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House panel asks Boeing CEO to testify about grounded plane

House committee wants Boeing CEO Muilenburg to testify next month about the grounded 737 Max

Progress reported in contract talks between GM…

The strike against General Motors by 49,000 auto workers stretched into a second day, but the two sides appeared to be making progress

EPA set to end California's ability to regulate…

The Trump administration is poised revoke California's authority to set auto mileage standards, asserting that only the federal government has the power to regulate greenhouse gas emissions and fuel economy

Football carries television networks until start…

The new television season hasn't begun yet, but the football season has, and it's carrying the networks in the interim

Airline customer-service agents report abusive customers

In a government survey, more than half of airline customer-service agents say they have been threatened by passengers in the last year

Trump outpaces Obama, Bush in naming ex-lobbyists…

President Trump has named six former lobbyists to Cabinet-level posts in less than three years, outpacing what his most recent predecessors did in eight

How major US stock indexes fared Tuesday

U.S. stock indexes ticked closer to record heights on Tuesday, as oil prices gave back nearly half their huge gains from a day earlier

'Blood money'? Purdue settlement would rely on…

Some of the money in Purdue Pharma's proposed multibillion-dollar opioid settlement would come from the continued sale of opioids

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WeWork delays its IPO amid tepid investor interest

Public debut for WeWork is put on hold as the company attempts to generate investor enthusiasm

The Latest: Eurotunnel tests new 'digital border…

Eurotunnel has held a round of tests to prepare for a possible no-deal Brexit on Oct. 31