Business News

Swiss Bank Gets Hit With $5B Penalty For Tax…

A French court found Swiss bank UBS guilty of tax fraud and illegal solicitation, fining it more than $5 billion.

Buffett's firm reports $25B 4Q loss on paper stock losses

Warren Buffett's company recorded a $25 billion loss in the fourth quarter because of a big drop in the paper value of several of its stock investments

Berkshire Hathaway Inc. News Release

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Trump sets up abortion obstacles, barring clinic…

Trump administration acts to bar taxpayer-funded family planning clinics from referring women for abortions

Macron visits French farm fair amid rural anger…

French President Emmanuel Macron pledged to protect European farming standards and culinary traditions

Microsoft workers protest use of HoloLens headsets for war

A group of Microsoft workers is demanding the company cancel a contract supplying U.S. Army soldiers with HoloLens headsets that could help them spot adversaries on the battlefield

US and China extend trade talks; Xi-Trump meeting…

US and China extend trade talks through weekend, and a Xi-Trump meeting may follow in March

China bars millions from travel for 'social…

China blocks travel for 'social credit' offenses under system Communist Party says will improve public behavior

Report: Apps give Facebook sensitive health and…

Several apps are sending sensitive user data to Facebook, including health information, without users' consent, according to a report by the Wall Street Journal

Twitter co-founder Williams steps down from company board

Twitter co-founder Evan Williams will leave the social media company's board of directors at the end of the month

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Business Highlights

Business Highlights

Disabled greeter meets with Walmart about job; no resolution

A beloved Walmart greeter with cerebral palsy has met with store management in a bid to keep his job but came away with no guarantees, and his family is girding for a fight

How major US stock indexes fared Friday

Technology and health care companies led U.S. stocks higher Friday, giving the S&P 500 index its fourth straight weekly gain

Ground-breaking electric Chevrolet Volt runs out…

General Motors has stopped making the Chevrolet Volt, a ground-breaking electric car with a gasoline backup motor

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Trump: Amazon's dropped deal 'a big loss' for…

Trump says Amazon's decision to drop plans for New York City headquarters is "a big loss" for the city