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Department of Defense seeks to speed up acquisition process

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Senior leaders at the Department of Defense testified on Capitol Hill that they are attempting to reform and speed up an acquisition process that has dogged the agency for years.

NHTSA: Half of Takata airbags not fixed after largest such recall in history

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Fewer than half of the millions of airbags recalled by Japanese company Takata have been replaced in the largest auto-safety recall in U.S. history.

Labor Dept.: 228K jobs added in November; unemployment steady

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The U.S. economy added nearly 230,000 jobs during the month of November, the Labor Department said Friday.

Just 15 vehicles met tougher criteria for 2018 IIHS safety picks

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Only 15 cars this year met tougher criteria for the Insurance Institute for Highway Safety and earned a Top Safety Pick+ rating, the group announced Thursday.

Rocky Mountain Raceways to close after 2018 season

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West Valley City's Rocky Mountain Raceways will close after the 2018 racing season, officials said Thursday.

Patagonia sues Trump to protect Utah national monuments

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Sporting goods retailer Patagonia and a coalition of conservationists have filed a lawsuit against President Donald Trump for his decision to shrink two Utah national monuments.

GE cutting 12K jobs from Power unit to reduce structural costs

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Energy conglomerate General Electric said Thursday it will eliminate 12,000 jobs from its Power division as part of a restructuring plan to cut costs by about $1 billion.

Airline industry profits soar 11 percent in 2017

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Airline companies around the world will end 2017 with 11 percent more profit than previously estimated for this year and will continue profit growth into 2018, the International Air Transport Association said Tuesday.

UPS warns of delivery delays after Cyber Monday boom

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United Parcel Service on Tuesday said customers should expect some delays this week as the delivery service struggles with an influx of holiday shipments.

Study: Gay men get paid more than straight men

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After years of getting paid less that straight men, gay men in the United States now earn more, according to a recent study.

British theater chain Cineworld to buy Regal for $3.6B

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British theater chain Cineworld on Tuesday announced plans to purchase Regal Entertainment Group for $3.6 billion, making it the world's second-largest movie theater chain.

Gucci confirms Italian offices were raided by tax police

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 Italian fashion house Gucci confirmed two of its offices were raided as part of an investigation of possible tax evasion.

Maduro: Venezuela to create new ‘petro’ cryptocurrency

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Venezuela will create a new cryptocurrency backed by oil reserves and other natural resources, President Nicolas Maduro said.

SEC files charges against cryptocurrency firm for misleading investors

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The Securities and Exchange Commission announced Monday that it filed charges against a cryptocurrency firm that promised investors it would be the next Bitcoin, but might be a scam.