Business News

Swiss Bank Gets Hit With $5B Penalty For Tax…

A French court found Swiss bank UBS guilty of tax fraud and illegal solicitation, fining it more than $5 billion.

Catalan secessionists block highways, train…

Strikers advocating for Catalonia's secession from Spain are blocking major highways, train lines and roads across the northeastern region

Vietnam, site of next Trump-Kim summit, model for growth

Vietnam, site of next Trump-Kim summit, offers model for transformation into export powerhouse

Report: US company to stop sales of genetic tech…

Report: Thermo Fisher Scientific says it will stop selling genetic sequencers in China's Muslim region of Xinjiang following criticism its products were used for surveillance

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Asian stocks higher ahead of US-China tariff war…

Asian stock markets have risen as investors looked ahead to U.S.-Chinese negotiations on a tariff war following a listless day on Wall Street

As US pushes to ban Huawei, UK considers softer…

Britain's cybersecurity chief says the country can handle the risks involved with using mobile networks made by China's Huawei

Reddit co-founder pushes hard for paternity leave

Reddit co-founder Alexis Ohanian pushes hard for paid parental leave in the US

Aid wars: US-Russia vie to ease Venezuelan crisis

Russian news agencies say a shipment of Russian medicine and medical equipment has arrived in Venezuela

Business Highlights

Business Highlights

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Minutes show Fed officials noted number of rising…

Fed policymakers last month noted increased threats to U.S. economy and opted for patience

Samsung folding phone is different - but also…

Samsung's new folding phone is definitely different - but it's also almost $2,000

Google's Nest hub has a microphone it forgot to…

Google says it forgot to mention that it included a microphone in a security product it began selling in 2017, but blames the omission on an error

Garmin and La-Z-Boy rise while CVS and Southwest tumble

Garmin and La-Z-Boy rise while CVS and Southwest tumble

Southwest grapples with new labor and revenue…

Southwest attacks mechanics' union over a high number of canceled flights ahead of contract talks

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How major US stock indexes fared Wednesday

Stocks closed modestly higher on Wall Street Wednesday, extending the market's gains from a day earlier