Business News

Disney CEO Bob Iger Steps Down

After serving as CEO for 15 years, ​Iger said he's going to focus more on the creative side of the company.

Global Stock Markets Plunge After Surge In…

South Korea and Italy both saw spikes in reported coronavirus cases over the weekend.

How Can U.S. Businesses Handle Coronavirus…

While the risk of contracting the virus in the U.S. is low, some businesses are looking for ways to address their employees' concerns.

The CEO Of Victoria's Secret's Parent Company Is…

The brand has reported a decline in sales, and both the company and its CEO have faced public scrutiny in recent months.

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Foreign Objects Discovered In Some Boeing 737 Max…

Foreign objects were found in some 737 Max planes being stored in Washington state and in San Antonio.

Boy Scouts Of America Files For Bankruptcy…

The BSA is facing hundreds of lawsuits from men who allege they were sexually abused when they were Boy Scouts.

Pier 1 Imports Files For Chapter 11 Protections

The company said Monday it started voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court in Richmond, Virginia.

GM to Cease Operations In Australia, New Zealand…

GM's billion dollar restructuring plan will wind down operations in New Zealand and Australia and sell its Thai plant to China's Great Wall Motors.

Delta Air Lines Commits $1 Billion To Curb Its…

​The company said it plans to mitigate its use of jet fuel and invest in carbon removal projects, like forestry and wetland restoration.

U.S. Wine Companies Fear 'Catastrophic' Impact Of…

The U.S. trade feud with the European Union could have some dire consequences for the wine industry.

BP Promises To Be 'Carbon Neutral' By 2050

The energy firm announced that it will seek to cut pollution from oil and gas enterprises and step up investments in clean energy.

Reports: DOJ Closes Antitrust Investigation Of…

The Justice Department opened an antitrust investigation last year after four automakers reached an emissions standards deal with California.

Audi Recalls Over 100,000 Vehicles Over Takata…

The recall affects certain older Audi A4, A6, A8 and TT models.

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Uber Loses $1.1 Billion In Fourth Quarter Of 2019

The losses come as the ride sharing company continues to invest in its food delivery system and driverless cars technology.