Business News

The Hustle Rundown: Video Gamers Win Big; Major…

The Hustle's Wes Schlagenhauf breaks down some of the biggest business news of the week. Here he explains how pro video gamers rake in so much cash.

Brazil's Natura announces purchase of Avon Products

The Brazilian cosmetics maker Natura has announced that it is buying Avon Products in an all-stock deal

US lawmakers demand UN health agency change…

Two U.S. lawmakers are demanding the World Health Organization drop its guidelines that allow for freer prescribing of opioid painkillers

Celebrity Chef Jamie Oliver's UK Restaurant Group…

Oliver tweeted Tuesday that he was "deeply saddened by this outcome."

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Ski resort leaders, businessman indicted on fraud…

The former owner and former president of a Vermont ski resort accused in a multimillion-dollar fraud case have been indicted on multiple federal charges over a failed plan to build a biotech facility using foreign investors' money

Ford Is Laying Off 10 Percent Of Its Total…

The layoffs are part of the automaker's overall restructuring plan.

Retailers, shoppers could feel more pain if…

An escalating trade war with China could mean higher prices on a broad array of products but some retailers will be less equipped to handle the pain than others, leaving consumers to carry the load

How major US stock indexes fared Wednesday

Stocks ended lower on Wall Street Wednesday, weighed down by mixed corporate earnings from big retailers and uncertainty over the trade dispute between the U.S. and China

US stocks fall on mixed earnings, trade tensions…

U.S. stocks closed lower Wednesday, weighed down by mixed corporate earnings from big retailers and uncertainty over the trade spat between the U.S. and China

Saudi Aramco to buy liquid natural gas from US company

Saudi Aramco to buy liquid natural gas from Sempra Energy, a US company based in San Diego

Prominent upstate New York landlord indicted for fraud

Prominent upstate New York landlord Robert Morgan is charged in a 114-count federal indictment with defrauding banks and insurance companies out of millions of dollars

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Union files for new vote at Volkswagen's…

The United Auto Workers union has filed a new petition seeking to hold a vote on its representation of all hourly workers at Volkswagen's Chattanooga, Tennessee, plant

Florida governor orders election systems' security review

Florida's governor is ordering election officials to review the cybersecurity of the state's election systems after Russia hackers gained access to voter databases in two Florida counties ahead of the 2016 presidential election

Correction: Flooding-Mississippi River Barges…

Correction: Flooding-Mississippi River Barges story

Mnuchin says Tubman $20 bill design delayed past…

Treasury Secretary Mnuchin says Tubman $20 bill design delayed past 2020

Target soars while Qualcomm plunges

Target and Avon Products rise while Nordstrom and Qualcomm decline

Markets Right Now: Stocks fall as energy, retail stocks drop

Stocks are closing lower on Wall Street Wednesday as energy companies and retailers bear the brunt of the declines

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Last days of May? UK leader in peril as Brexit…

British Prime Minister Theresa May is digging in against a growing push by both rivals and erstwhile to remove her from office, as her attempts lead Britain out of the European Union appeared headed for a dead end