‘Forever’ postage stamps rise to 49 cents
The cost of mailing a 1-ounce first-class letter in the United States will return to 49 cents on Sunday, the U.S. Postal Service said.
Commerce pick Ross backs Trump on NAFTA renegotiation
President-elect Donald Trump's choice for commerce secretary said at his confirmation hearing Wednesday that a 20-year-old trade agreement among the United States, Canada and Mexico will be one of the first orders of business once he takes office.
DOJ accuses JPMorgan Chase of mortgage discrimination
The federal government is accusing JPMorgan Chase & Co. of discriminating against "thousands" of minority borrowers by charging them higher rates and fees on home mortgage loans between 2006 and late 2009.
North American rebound sends oil prices lower
An expected rebound in North American oil activity offset reported declines elsewhere to send crude oil prices sharply lower early Wednesday.
Swedish brewery’s ‘Shower Beer’ designed for shower drinking — and conditioning
A Swedish brewery released a new beverage designed to "optimize" the experience of drinking in the shower -- a "Shower Beer" that doubles as conditioner.
Drug company fined $150 million for not reporting suspicious orders
A prescription drug wholesale company was handed a record fine Tuesday on allegations from U.S. regulators of not reporting suspicious orders of painkillers.
Budget office: 18M to lose insurance if ACA repealed
The Congressional Budget Office on Tuesday said repealing major measures in the Affordable Care Act, also known as Obamacare, would lead to 18 million people losing their insurance within the first year.
Russia hints at economic stimulus
After hinting at a new tax policy on the oil industry, the Russian government said nearly $2 billion will be set aside to help the economy.
Hyundai, General Motors latest automakers to announce billion-dollar U.S. investments
In the wake of President-elect Donald Trump's threats to levy high taxes on auto companies seeking to import cars and trucks into the United States from elsewhere, two automakers have announced plans to invest billions of dollars and hire workers at new and expanded facilities in the United States.
Walmart to add 10,000 jobs this year
Walmart plans to add 10,000 jobs through expansion in the United States, the Bentonville-Ark.-based company announced Tuesday.
Luxottica, Essilor $24 billion merger creates eyewear giant
French lens manufacturer Essilor International agree to buy Ray-Ban and Oakley sunglass maker Luxottica Group in a deal estimated at some $24 billion.
Sparton Corporation, Ultra Electronics to produce sonobuoys
Sparton Corporation and Ultra Electronics Holdings are to receive $30.3 million subcontracts for the manufacture of sonobuoys for the U.S. Navy.
Airbag-maker Takata to pay $1B; execs charged with fraud
The U.S. Department of Justice on Friday announced a settlement with Takata Corp. in which the Japanese auto parts-maker will plead guilty to fraud and pay $1 billion for hiding a defect that has contributed to the deaths of at least 17 people.
Mayor Biskupski to honor longtime restaurateur, business leader, philanthropist Tom Guinney with Key to...
Mayor Jackie Biskupski will give out her second Key to the City Friday.