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.

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

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

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

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

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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

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

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

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

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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

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

'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

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

Researchers: AI surveillance is expanding…

A new report says a growing number of countries are following China's lead in deploying artificial intelligence to track citizens

Jailed tycoon and professor in Tunisia's…

Jailed media magnate Nabil Karoui and independent law professor Kais Saied will advance to Tunisia's presidential runoff, sending the North African nation's young democracy into an unprecedented electoral battle

Facebook to train AI systems using police video

Facebook will work with law enforcement organizations to train its machine learning technology to recognize videos of violent events as part of a broader effort to crack down on extremism

Millennial Money: Is student loan refinancing…

Thinking of refinancing your student loans? Make sure you understand the pros and cons before deciding, and know how to make yourself look good to lenders

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