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Business

Battle over big energy infrastructure heats up

Building electric power lines across long distances and state boundaries can be a daunting task for developers, as the best-laid plans can go awry over local opposition. That was the

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Why more and more in U.S. are returning to work

Hundreds of thousands of Americans are streaming back into an improving labor market as employers raise wages and hire less skilled job candidates to cope with an intensifying worker shortage.

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Avon escapes board makeover, cuts deal with hedge fund

Wilting beauty products company Avon Products said an investor group led by Barington Capital has agreed to withdraw its bid to elect two opposing candidates to the company’s board in

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Hotel battle heats up: China’s Anbang raises offer for Starwood to $13.9B

The jockeying for Starwood Hotels & Resorts Worldwide continues. A group of investors, led by Chinese insurer Anbang, has raised its offer to buy the hotel operator to about $13.9

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Is Microsoft in the Yahoo bidding hunt?

Microsoft (MSFT) is in preliminary talks with private equity firms about helping finance a bid to buy embattled Internet company Yahoo (YHOO), according to media reports. Private equity executives approached

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Stock headwinds persist despite rebound from tough start

A quick glance at the year-to-date performance of the Dow (+0.5%) and S&P 500 (-0.4%) camouflages what had been the worst-ever start to a year for stocks. But with Wall

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Stocks close slightly higher; Dow, S&P up 0.1%

Wall Street kicked off the new week with very modest gains as investors brace for a slew of economic reports, including a key jobs report Friday, that could shed fresh

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Amazon Echo turns into a sleeper hit, offsetting Fire’s failure

The Amazon Echo is turning out to be a sleeper hit. The stand-alone, voice-activated digital assistant is on back order,  it was cited when premium speaker maker Sonos announced layoffs

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Workers, firms differ on $15 minimum wage

A plan to increase California’s minimum wage to $15 an hour by 2022 has opened the biggest fault lines yet between

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FBI hacks into terrorist’s iPhone without Apple

Although the government officially withdrew from its battle against Apple Monday, many observers sense the tech privacy war is just

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Consumer spending posts scant Feb. increase, personal income growth slows

U.S. consumer spending posted a tiny gain for the third straight month in February while income growth slowed sharply. Consumer

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Judge tosses lawsuits against BP over drilling ban

In a decision that likely saves oil company BP billions of dollars, a federal district judge has dismissed hundreds of

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ECB effect: Dow, S&P 500 flat as Nasdaq slips 0.3%

U.S. stocks gave up early gains Thursday as investors digested an array of fresh stimulus measures from the European Central

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Nasdaq to acquire options exchange operator ISE for $1.1B

Nasdaq (NDAQ) has agreed to a $1.1 billion acquisition of International Securities Exchange, the Deutsche Börse Group-owned operator of three

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Iran slowly increasing its oil market share

Iran is expected to raise the April Official Selling Price (OSP) of its flagship light crude oil to Asia to

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2016′s winner might shock you

Wall Street appears to have regained its mojo, with stocks in one month going from the brink of a bear

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Deutsche Bank cuts bonuses 17%, cites ‘challenging’ times

Deutsche Bank cut bonuses 17% last year, citing a “challenging” 2015. The bank also warned that 2016 is off to

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Apple-FBI duel is playing big at SXSW

From President Obama’s answer to a question on the topic following his keynote speech Friday, to an excoriated rebuke from

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China takes control of global silver prices

China has been an unofficial price-setter for most metals over the past decade. And this week, the country became an

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Dow looks to erase 2016 nightmare on Wall Street

The Dow hasn’t done it yet, but it’s close to erasing all the red ink that drenched it at the

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