SEC investigating GE charge, company posts $10 billion loss
General Electric disclosed on Wednesday the U.S.Securities and Exchange Commission is investigating a recent insurance charge made by the company.
Freelance writers win new $100,000 journalism prize
Two freelance journalists have won the first American Mosaic Journalism Prize for stories about the struggles of U.S. immigrants and others that the prize founders say have been underrepresented or misrepresented.
US blacklists NKorea business interests in China, Russia
The Trump administration has imposed a slew of sanctions on North Korean financial and business networks in China and Russia in the latest effort to cut off revenues for its nuclear and missile development.
Changing plans: Tax law makes small businesses rethink ideas
As Congress debated a new tax law at the end of last year, Jerell and Elissa Klaver began revising their company's plans for 2018.
Rights groups call for Lebanon inquiry on device spying
Rights groups are calling on Lebanon to open an investigation into a global surveillance network based out of the country's General Security directorate.
Trump pick who failed to win Senate support is leaving EPA
President Donald Trump's nominee to oversee chemical safety is departing the Environmental Protection Agency a month after withdrawing his nomination in the face of concerns over his ties to the chemical industry.
Gun industry converges near Las Vegas mass shooting site
The gun industry is holding its biggest annual trade show this week just a few miles from where a gunman slaughtered 58 concertgoers outside his high-rise Las Vegas hotel room in October using a display case worth of weapons, many of them fitted with bump stocks that enabled them to mimic fully automatic fire.
CEO says company working to stop 'Tide pod challenge'
Procter & Gamble says it's working to stop the "Tide Pod challenge," a social media-fueled trend in which teenagers eat single-load laundry detergent packets.
Nebraska plant to get $3.6B contract for NYC subway cars
A railway car plant in Lincoln, Nebraska, is poised to secure a large portion of a $3.6 billion contract to produce New York City subway cars.
Troubled French nuclear producer relaunches with new name
France's influential but troubled nuclear company Areva is seeking a new start with a new name.
Asian shares rise on global growth hopes, US shutdown's end
U.S. stock indexes are edging higher Monday, led by energy companies.
Milestone for Port of Savannah: 4M cargo containers in 2017
The Port of Savannah loaded and unloaded a milestone 4 million shipping container units for the first time in 2017 as larger cargo ships fueled double-digit growth at its docks, the Georgia Ports Authority announced Monday.
Carl Icahn makes push to remove Xerox CEO
Billionaire investor Carl Icahn is calling for the removal of Xerox CEO Jeffrey Jacobson as the copier company reportedly seeks a deal with camera company Fujifilm.
DP World, India wealth fund to partner on up to $3B in work
Port operator DP World says it will create a joint investment project with India's National Investment and Infrastructure Fund to develop ports and other logistics businesses in the country worth up to $3 billion.
This Week: Home sales, Caterpillar results, 4Q GDP
A look at some of the key business events and economic indicators upcoming this week: EYE ON HOUSING Strong demand has helped lift U.S. home sales to levels last seen at the height of the housing boom a decade ago.
How shutdown affects key parts of federal government
Thousands of federal employees began their weekends gripped with doubt, uncertain of when they'll be able to return to work and how long they'll have to go without being paid after a bitter political dispute in Washington triggered a government shutdown.
Big towers to rise near historic Jamestown: $90M in payouts
A power company is getting set to build 17 transmission towers in Virginia near colonial Jamestown Island.
Nuns appeal pipeline project on religious grounds
A group of nuns is asking a federal appeals court to halt a natural gas pipeline project on their rural Pennsylvania property.
Business Highlights
___ US oil output is booming and seen outpacing Saudis, Russia PARIS (AP) — A global energy agency says that U.S. oil production is growing quickly and is forecast to top that of heavyweights Saudi Arabia and Russia this year.
Neutron Jack Welch is going nuclear over GE meltdown
Jack Welch, the former CEO of General Electric, is said to be apoplectic about the mounting problems faced by the once high-flying conglomerate, according to friends and associates who spoke to FOX Business.











