Business News

Wells Fargo Hit With $1 Billion Fine For Lending…

The Consumer Financial Protection Bureau penalized the bank for some of its car insurance and mortgage practices.

UK calls on social media firms to better protect children

Britain's health secretary has threatened to introduce new laws targeting online social media companies if they don't do more to protect children

The Latest: World Bank approves increase in…

World Bank approves $13 billion increase in its lending capacity tied to reforms

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Self-Aware Trash Cans, Other 'Smart City…

Cities are using data and technology to be smarter, safer and more efficient.

This Week: New home sales, Facebook earns, GDP

This Week: New home sales, Facebook earns, GDP

Suburban Seattle getting rare, private US airport…

An entrepreneur wants to bring a global trend to the U.S. and put commercial airport terminals in the hands of private companies instead of the government

Bezos Reveals How Many Customers Subscribe To…

The Amazon CEO revealed the number in a letter to shareholders.

Saudi Arabia uses ancient tourist site to alter its history

Saudi Arabia is hoping to alter perceptions as it prepares to open the country to tourist visas and international tour groups later this year

Smyths Toys to take over Toys R Us stores in…

Ireland-based Smyths Toys has reached a deal to take over more than 90 Toys R Us stores in Germany, Austria and Switzerland

AP FACT CHECK: Trump's shifting rationale for…

AP FACT CHECK: Trump's shifting rationale for firing Comey; inflating expectations of a simpler tax season next time

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Americans told to toss romaine lettuce over E…

U.S. health officials are telling consumers to throw away any store-bought romaine lettuce they have in their kitchens and are warning restaurants not to serve it amid an E. coli outbreak

European regulators tighten order for jet fan…

The European Aviation Safety Agency has tightened a nearly month-old directive ordering inspections of some fan blades in engines like those used on a Southwest Airlines jet involved in a fatal accident

IMF's Lipton Says Things Are Good, but Getting…

Apr.20 -- David Lipton, first deputy managing director at the International Monetary Fund, discusses global debt, steps to improve growth in America, working with the Trump administration, and the benefits of the Trans-Pacific Partnership. He speaks with Bloomberg's Tom Keene on "Bloomberg Daybreak: Americas."

Lobbyist tied to condo leased by EPA chief…

The fossil-fuels lobbyist tied to the bargain-priced Capitol Hill condo leased by Environmental Protection Agency chief Scott Pruitt is taking early retirement as a result of the scandal

Business Highlights

Business Highlights

Southwest sends apology, $5K, to passengers on…

Southwest sends apology and compensation to passengers involved in emergency landing incident

Science Says: Amount of straws, plastic…

Cities and even countries now such as Great Britain are looking at banning straws because plastic pollution is a huge global problem

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Citigroup's Mann Sees No Recession, Says Fed Path…

Apr.20 -- Catherine Mann, global chief economist at Citigroup, discusses the U.S. economy and Federal Reserve policy. She speaks on "Bloomberg Surveillance."

Pot politics: Schumer joins politicians…

The top Senate Democrat is using marijuana's informal holiday to announce a change of heart about the drug, another sign of the growing political acceptance of pot

The Latest: FAA orders inspections of more jet engines

The Federal Aviation Administration has ordered inspections of more jet engines like the one that blew apart at 32,000 feet in a deadly accident aboard a Southwest Airlines plane