Possible $5B Facebook fine echoes European tech penalties
The possibility of a $5 billion federal privacy fine for Facebook suggests that U.S. regulators may be taking a cue from the large penalties their European counterparts have been handing out to U.S. technology giants.
Asian shares mixed after US stocks retreat from record high
U.S. stocks followed a record-setting day with more subdued trading Wednesday as investors continue digesting a steady flow of corporate earnings and a potential break in the trade war between the U.S. and China.
2 firms first to export LatAm medicinal marijuana to Europe
Two companies from Uruguay and Colombia will become the first in Latin America to export medical marijuana products to Europe under deals announced Wednesday.
Tesla posts surprisingly large 1Q loss as sales slump 31%
Tesla has lost nearly $6 billion since setting out to revolutionize the auto industry 15 years ago, but CEO Elon Musk foresees a profitable future fueled in part by a ride-hailing service made up of electric cars driven by robots.
Business group: Nicaragua's economy in 'free fall'
Nicaragua's leading business association says the country's economy is in "free fall" a year after anti-government protests were violently repressed by the government and its supporters.
Microsoft's cloud growth pleases Wall Street
Microsoft's ongoing push to get automakers, retailers and other businesses onto its cloud computing platform helped power the company's third-quarter earnings ahead of Wall Street expectations Wednesday.
How the major US stock indexes fared Wednesday
Stocks gave up an early gain to finish with modest losses Wednesday as investors continued weighing a steady flow of corporate earnings.
Boeing's troubled jet is costing $1 billion to fix so far
When Boeing releases first quarter results Wednesday, investors will be looking beyond profit and revenue numbers to clues about the fate of the company's best-selling plane and when it might fly again.
Trump economy is the envy of any president seeking reelection: Todd Buchholz
How Democrats will fair if they chose to challenge the Trump economy.
Recall: Nearly 57 tons of ground beef for possible E coli
The federal government says a meat company in Georgia has recalled tons of ground beef for possible contamination with E. coli bacteria.
How did Trump's massive tax overhaul affect the housing market?
Sales of new single-family homes declined by 7.6 percent, while sales of existing single-family homes fell by 4.6 percent.
Drug maker to spend $100M expanding Montana facility
Drugmaker GlaxoSmithKline has announced $100 million of new investment in its manufacturing site in Montana.
Rehab patients' unpaid work for big companies likely illegal
A nationally renowned drug rehab program in Texas and Louisiana has sent patients struggling with addiction to work for free for some of the biggest companies in America, likely in violation of federal labor law.
Wall Street keeps hitting records. What do investors do now?
The S&P 500 just hit an all-time high, recovering from last year's dramatic plunge.
Domino's shares up as earnings overshadow slower growth
Domino's Pizza Inc.'s first quarter earnings aren't likely to calm investors' concerns about slowing growth at the world's biggest pizza chain.
California gas price spike result of 'mystery' surcharge?
Gov. Gavin Newsom has requested the state’s energy commission to analyze gas prices for potential irregularities.
Oil hovers near 6-month high as US stockpile build counters supply fears
Crude output in the United States, which turned into the world's top producer last year, last week edged back to its record high at 12.2 million barrels per day while net imports jumped 900,000 bpd, EIA data showed.
AT&T shares slump as more TV customers leave
AT&T Inc. on Wednesday reported first quarter earnings of $4.1 billion.
Markets Right Now: Stocks edge lower a day after record
The latest on developments in financial markets (all times local): 9:35 a.m.
UK begins search for new Bank of England governor
The British government has started the process to appoint the successor to Mark Carney as governor of the Bank of England.















