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National International Business

Nike announces restructuring, loss of 1,400 jobs

Footwear and sportswear company Nike Inc. announced a restructuring that will result in the elimination of 1,400 jobs worldwide.

Boeing receives contract for engineering, support of E-3 Sentry

Boeing has received a $93 million contract for engineering and technical support for the Air Force's E-3 Airborne Early Warning and Control System radar aircraft.

ExxonMobil answers $2M Treasury fine with lawsuit

International oil and gas giant ExxonMobil is pushing back on a fine from the U.S. Treasury Department that stems from purported violations of sanctions against Russia.

Dow Jones Industrial Average nears 22,000-point milestone

The Dow Jones Industrial Average on Tuesday has flirted with crossing the 22,000 mark, which would set another milestone for the stock market index.

Mylan finalizes $465M settlement over EpiPen billing lawsuit

Mylan, the drug company that manufactures the anti-allergy injector EpiPen, finalized a $465 million settlement with the federal government stemming from allegations it over-billed Medicaid for the drug.