Business

Canada said Friday it will slap retaliatory tariffs on $2.7 billion worth of U.S. goods, the latest development in a new trade feud sparked by President Donald Trump’s decision to reimpose aluminum duties on the U.S. ally. “Canada will respond swiftly and strongly,” Canadian Deputy Prime Minister Chrystia Freeland said at a press con...

With the pandemic, the number of packages has spiked — and so have the shipping surcharges at United Parcel Service. The shipping company said Friday in a memo that it’s tacked on additional fees for some packages shipped within the U.S. and others shipped internationally. In the memo, it listed the shipping surcharges, which depend on th...

Wall Street’s big rally let off the accelerator on Friday, despite a better-than-expected report on the U.S. job market, amid worries about worsening U.S.-China tensions and whether Washington can deliver more aid for the economy

The United States added 1.8 million jobs in July, a pullback from the gains of May and June and evidence that the resurgent coronavirus is stalling hiring and slowing an economic rebound. At any other time, hiring at that level would be seen as a blowout gain. But after employers shed a staggering 22 million jobs in March and April,…

President Donald Trump has ordered a sweeping but unspecified ban on dealings with the Chinese owners of the consumer apps TikTok and WeChat, although it remains unclear if he has the legal authority to actually ban the apps from the U.S. The order is the Trump administration’s latest salvo at China, following a lengthy trade war and targeted actio...

The U.S. Treasury Department has fined Capital One $80 million for careless network security practices that enabled a hack that accessed the personal information of 106 million of the bank’s credit card holders.

The CEOs of Amazon, Apple, Facebook and Google parent company Alphabet were careful not to say too much as they were grilled by lawmakers on the House Judiciary subcommittee on antitrust last Wednesday. But internal documents released by the committee after the hearing say plenty. The rele...

Nearly 1.2 million laid-off Americans applied for state unemployment benefits last week, evidence that the coronavirus keeps forcing companies to slash jobs just as a critical $600 weekly federal jobless payment has expired. The government’s report Thursday did offer a smidgen of hopeful news: The number of jobless claims declined by 249,000 ...

Asian shares are mostly lower in lackluster trading as trade tensions between the U.S. and China offset optimism about more fiscal stimulus in the U.S. Benchmarks in Japan, China and Australia fell in Friday morning trading

Amazon CEO Jeff Bezos this week has sold more than $3.1 billion worth of shares in his company, according to filings with the Securities and Exchange Commission compiled by OpenInsider.

A campaign by airlines and their unions for federal money to keep paying airline workers is getting a boost.

Stocks are mixed in Asia as investors watch to see if lawmakers will come ahead with fresh stimulus for the U.S. economy

Richard Branson’s Virgin Atlantic airline is seeking protection from creditors as it tries to survive the pandemic that is slamming air travel