Yellen says banking system better off, less likely to torpedo U.S. economy
The head of the U.S. Federal Reserve on Wednesday delivered to Congress a positive assessment of the nation's banking system, saying it's in a much better position than it was before it triggered the financial crisis nearly a decade ago.
Russia could back Algerian oil production arrangement
Russia media reported Monday the country is in line to join an oil production curtailment agreement proposed last month by OPEC members in Algeria.
Samsung expects to lose $5.4 billion on Galaxy Note 7
Samsung Electronics said Friday it expects a $3.1 billion loss of operating profit in the next six months, a result of pulling its Galaxy Note 7 smartphone from the market.
Test of Russian cyber defense system completed: Report
A new system to protect the Russian Ministry of Defense from cyber attacks has completed testing, Russian news agency Tass reported Monday.
S&P 500 wraps week with longest losing streak in 36 years as election nears
All three major U.S. stock indices completed the week Friday by posting losses, with the presidential election four days out.
Trump seeks to delay Trump University suit until after inauguration
Donald Trump's lawyers have filed a motion to delay the civil suit involving the now-defunct Trump University until after the inauguration in January.
North Korea regime legitimizing country’s expanding markets, study says
North Korea's unofficial markets now number in the hundreds, and the Kim Jong Un regime is licensing their operations.
Government authorities take down ‘Avalanche’ global crimeware network
A global crimeware network known as "Avalanche" was dismantled by United States and European authorities following a four-year investigation.
Google branches off ‘Waymo’ unit as company to handle self-driving cars
Tech giant Google announced Tuesday that its self-driving vehicle unit will now be developed under a separate independent company called Waymo.
AAA: Record 103M travelers expected this holiday season
A record 103 million Americans are expected to travel during the holiday season, according to the annual estimate by the American Automobile Association.
U.S. Air Force contracts BAE Systems for intelligence sharing
BAE Systems has received a $49 million contract from the U.S. Air Force Research Lab to enhance intelligence-sharing capabilities.
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.
Johnson & Johnson to buy Swiss drug maker Actelion for $30B
U.S. pharmaceutical company Johnson & Johnson has agreed to purchase Swiss competitor Actelion for $30 billion in cash, the companies announced Thursday.
U.S. retail gas prices holding steady
U.S. retail gasoline prices are holding steady as the broader energy market is stuck in a tug-of-war of oil production trends, a report from AAA finds.