Bag maker Samsonite's CEO resigns after short-seller report
Luggage maker Samsonite says its CEO has stepped down following a report by a short-seller that questioned his credentials and the company's accounting.
Fiat Chrysler's future in focus as CEO presents strategy
Fiat Chrysler CEO Sergio Marchionne will present the company’s five-year plan Friday.
Chrysler, Waymo explore selling self-driving cars to consumers
Fiat Chrysler and Waymo are expanding a fleet of self-driving Pacifica minivans.
Stocks skid as US imposes tariffs and allies retaliate
U.S. stocks are mostly lower Thursday morning following big swings over the last two days.
Costco quarterly profit up 7 percent as warehouse sales grow
Costco Wholesale Corp. said strong sales growth helped its fiscal third-quarter profit grow 7 percent.
Business Highlights
___ Trump tariffs on US allies draw retaliation threats WASHINGTON (AP) — The Trump administration's announcement that it will impose tariffs on steel and aluminum imports from Europe, Mexico and Canada has drawn swift vows of retaliation from key allies, inflamed trade tensions and sent stock markets sinking.
Markets Right Now: Stocks open mostly lower on Wall Street
The latest on developments in financial markets (all times local): 9:35 a.m.
Sears 1Q revenue falls 31%
Sears reversed direction in the first quarter, reporting a loss where it had a profit a year ago.
Dow lower as US removes steel, aluminum tariff exemptions on some allies
Levies will go into effect at midnight for the EU, Canada and Mexico.
Asian and European shares rise on promising Chinese data
U.S. stocks are climbing Wednesday morning, recovering some of the ground they lost the day before, as investors hope Italy might be able to avoid a new round of elections.
Facebook plans to build huge Utah data center
Project expected to create 30 to 50 full-time jobs at the 970,000-square-foot facility.
Warren Buffett reportedly discussed $3B Uber investment
Billionaire said to have favored arrangement similar to the Goldman Sachs bet made during the financial crisis.
Cryptocurrency exchange draws ‘unprecedented’ demand: LMAX Exchange CEO
Liquidity a key for any platform, according to David Mercer.
How major US stock indexes fared Wednesday
Banks and energy companies surged Wednesday and smaller companies made huge gains as stocks got back almost all the ground they lost the day before.
Michael Kors reports 4Q profit, but outlook disappoints
Michael Kors Holdings Ltd. (KORS) on Wednesday reported fiscal fourth-quarter net income of $44.1 million, after reporting a loss in the same period a year earlier.
Dick's Sporting Goods shares surge as retailer raises earnings forecast
The Pittsburgh-based chain said it focused on selling off older inventory during the quarter and ran fewer promotions, which helped boost earnings.
MGM Resorts to buy New York's Empire City Casino
Empire City casino is in Yonkers, New York and includes Yonkers Raceway.
Stocks recover their poise as Italy concerns abate
Stocks have skidded in Asia as Italy heads for another round of elections that investors worry could become a referendum on whether to stay in the euro bloc.
Dow leaps 306 points as worries over Italian political turmoil ease
Financial shares and small-cap equities posted big gains.
Strike at Canadian Pacific Railway brings shipments to a halt
Grain, mining and crude producers to be hit hardest by strike.














