A global forum of banking regulators has finished its years-long work on rules that aim to keep weak banks from needing taxpayer bailouts and setting off financial crises like the one that led to the Great...
Thursday, Dec 7, 2017 at 07:09 AM PST
Walmart Dropping Hyphen From Its Legal Name in Shift to Web
Wal-Mart Stores Inc. is changing its legal name effective Feb. 1 as it shifts away from physical stores in the age of Amazon's increasing dominance.
The world's largest retailer, based in Bentonville, Arkansas,...
Thursday, Dec 7, 2017 at 08:24 AM PST
GE Cutting 12K Jobs in Power Division, Mainly Out of US
General Electric Co. will cut 12,000 jobs in its power division as alternative energy supplants demand for coal and other fossil fuels.
The company said Thursday that the cuts to both office and production...
Wednesday, Dec 6, 2017 at 05:49 PM PST
Patagonia Joins Groups Suing Over Trump's Monuments Order
A flurry of lawsuits challenging President Donald Trump's decision to chop up two large national monuments in Utah could finally bring an answer to the much-debated question of whether presidents have the legal...
Monday, Dec 4, 2017 at 07:51 PM PST
Facebook Launches Parent-Controlled Messenger App for Kids
Facebook is launching a messaging app for children to chat with their parents and with friends approved by their parents.
The free app is aimed at kids under 13, who can't yet have their own accounts under...
Monday, Dec 4, 2017 at 01:25 PM PST
Facebook's Sandberg Warns of Backlash Against Women
The Dow Jones industrial average hit another milestone Thursday, closing above 24,000 for the first time, CNBC reported.
It closed at 331.67-points, with United Technologies leading the way. The S&P 500 also...