Business News

Only 2 Percent Of Us Rely On Pensions To Retire…

Pensions used to be the norm and a reason to stick with a company. But they're going out of style.

Ford names Lincoln chief to replace ousted N…

Ford Motor Co. has appointed the head of the Lincoln brand to replace the president for North America who was ousted Wednesday over allegations of inappropriate behavior

Airbnb unveils new category of rentals rated by…

Airbnb is dispatching inspectors to rate a new category of properties listed on its home-rental service in an effort to reassure travelers they're booking nice places to stay

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White House Forecasts Economic Growth In Yearly…

Top Trump administration economists are forecasting an at least 3 percent economic growth through 2020.

UPS adding to electric truck fleet

UPS adding 50 electric delivery trucks to its fleet

Eyewear website operator sentenced to 2 more years in prison

Eyewear website operator who was convicted of threatening customers with rape and murder and served time in prison has been sentenced to 2 more years by angry judge who says he violated probation

Disney Reportedly Withholding Bonuses From Union…

The Walt Disney Co. is reportedly locked in contract negotiations with more than 35,000 Walt Disney World employees represented by unions.

Perdue to food box critics: Give the idea a chance

Agriculture Secretary Sonny Perdue is defending a proposal that would cut food stamp benefits in favor of pre-assembled boxes of shelf-stable goods

Texas senator convicted of 11 federal felony charges

A state senator from San Antonio has been convicted on 11 federal counts of money laundering and wire and securities fraud, and is facing a potentially long prison term

Markets Right Now: Stocks end mostly higher on Wall Street

Stocks are closing mostly higher on Wall Street after much of a midday rally faded away by the closing bell.

Top Greek court backs key bailout-linked…

Greece's supreme court has approved a large private urban development project on the prime seaside site of the old Athens airport, which is a key element of the country's bailout program

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States to forego most of $650M legal settlement…

States settle Takata legal claims for $650 million but agree not to collect most of it so victims get more money

Mississippi gives tax break to hotel tied to Trump company

The state of Mississippi has granted tax break worth just over $6 million to a hotel developer affiliated with the Trump Organization

Woman who scammed Victoria's Secret online gets probation

Woman who stole about $30,000 from Victoria's Secret through online scam avoids prison term, gets probation; she placed orders and lied about merchandise being lost, stolen or missing

Congressman claims undisclosed firm wasn't 'doing…

An Iowa congressman has said in a sworn statement that a company he failed to disclose wasn't "doing business" in 2016, despite evidence to the contrary

Satellites see big fishing's footprint on the…

A new global study gives the first comprehensive snapshot of how extensive industrial fishing is

Eni executive: drilling off Cyprus could be put…

The top executive of Italian company Eni says that planned drilling in search of gas off Cyprus could be put on hold until Turkey can be convinced to pull back its warships preventing a rig from reaching the site

Toyota, Genesis among Consumer Reports' top auto picks

Toyota and Genesis brands are among Consumer Reports' annual list of top auto picks

Child injured by dog during boarding for Southwest flight

Southwest Airlines says a child was hurt by a support dog on jet in Phoenix while passengers were boarding

The Brexit effect: UK economy grows at 5-year low…

Official figures show that the British economy did not grow as strongly as initially anticipated in the final quarter of 2017

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State tax data breach twice as large as originally thought

Officials with Massachusetts' tax collection agency say a data breach that exposed private information from about 39,000 business taxpayers was twice as large as first thought

Latvian scandal exposes weakness in European…

Experts say that a corruption scandal rocking euro member state Latvia underscores the limits of Europe's banking supervision and is likely to lead to reforms

Want an evening out with Trump Jr? You're…

Want an evening out with Donald Trump Jr.? Sorry, even if you have an extra $39,000 it's probably too late to buy a "conversation and dinner" with the eldest son of the American president as he visits India