Judge finds Martin Shkreli responsible for $10.4 million in losses
A federal judge ruled Monday that former Turing Pharmaceuticals CEO Martin Shkreli cost investors more than $10.4 million in a Ponzi scheme.
GE cutting 12K jobs from Power unit to reduce structural costs
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.
Facebook unveils new plans to protect 2020 elections
Facebook unveiled plans Monday to stop 2020 election interference, and CEO Mark Zuckerberg said the company uncovered new efforts by Russia and Iran to meddle in U.S. elections.
Trudeau announces new ‘progressive’ TPP deal without U.S.
Canadian Prime Minister Justin Trudeau on Tuesday announced that Canada and 10 other nations concluded talks to form a new trade deal styled after the now-defunct Trans-Pacific Partnership agreement.
China hits U.S. sorghum with 179% tariff
China is imposing a 179 percent tariff on U.S. sorghum, worth about $1 billion of imports to China a year.
Qantas completes first non-stop flight from Perth to London
Australian airline Qantas launched the first regular non-stop commercial flight between Perth, Australia, and London, England, on Saturday.
U.S. CEOs urge Congress to approve small business coronavirus rescue aid
Saying American small business owners need a "Marshall Plan," 100 U.S. CEOS of large companies such as Starbucks, Salesforce and Walt Disney Co. urged Congress in a letter to provide more rescue aid for small businesses.
Lufthansa pilots union rejects pay raise, but will suspend strike Saturday
Striking pilots for German carrier Deutsche Lufthansa AG on Friday turned down a larger pay raise -- but said they will suspend their labor demonstration after Saturday.
Cruise ships switching fuel to cleaner liquefied natural gas
U.S. cruise ships have started to switch to cleaner-burning liquefied natural gas, starting with a new vessel due at Florida's Port Canaveral in November.
Trump, Singapore PM Lee praise Boeing deal with Singapore Airlines
President Donald Trump and Singaporean Prime Minister Lee Hsein Loong on Monday praised a Boeing-Singapore International Airlines deal that the U.S. leader said will create 70,000 U.S. jobs.
Auto workers walk off the job to save GM’s Oshawa, Canada plant
Union workers at a Canadian car seat plant walked off the job Friday to protest General Motors' planned closure of an Ontario manufacturing facility.
Shell dumps assets onshore Gabon
As part of an effort to streamline its portfolio after acquiring BG Group, Royal Dutch Shell said Friday it was leaving parts of Africa behind after 55 years.
Walgreens, Rite Aid end $9.4B merger for new deal
Walgreens Boots Alliance Inc. and Rite Aid Corp. abandoned their $9.4 billion merger agreement and instead Walgreens will by about half of Rite Aid's stores.
Walmart now limits number of customers in stores, setting up one-way aisles
Walmart headquarters has announced changes taking place in their stores across the U.S. to protect their employees and shoppers during the coronavirus pandemic.