Business News

California knocks Trump as it extends climate…

Gov. Jerry Brown signs legislation extending California's signature initiative to fight global warming

Senate opens 'Obamacare' debate at last but…

Prodded by President Donald Trump, a bitterly divided Senate has voted, at long last, to open debate on legislation to repeal and replace 'Obamacare.'

New York City's transit agency unveils $836M…

The head of New York City's transit agency has unveiled an $836 million plan to stabilize the beleaguered subway system, promising that riders will see progress within the next year

NTSB: We can't know why SUV was on tracks before…

Federal safety investigators say they can't determine why an SUV driver ended up in the path of an oncoming train and at the heart of a crash that killed six people in suburban New York in 2015.

Cuomo to meet with US transportation chief amid transit woes

New York's governor is headed to Washington to meet with U.S. Transportation Secretary Elaine Chao amid New York City's ongoing transit troubles

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Chipotle says employee worked while ill at Va…

Chipotle says employee worked while ill at Virginia location

Colbert's shows from Russia are winners for CBS

Stephen Colbert scored his largest margin of victory in late-night since his debut with shows that featured his trip to Russia

AP Explains: Should you be worried about the rise…

Tech titans Mark Zuckerberg and Elon Musk disagree over the possible threat artificial intelligence could pose to humanity; here's what you need to know to follow their debate

Celgene Corp. to pay $280M to settle cancer drug fraud suit

A New Jersey pharmaceutical company has agreed to pay $280 million to settle a federal lawsuit alleging it committed fraud promoting two drugs for unapproved cancer treatments

US Steel reports 2Q profit, offers optimistic…

United States Steel shares jump 9 percent after posting 2Q profit, results beat Wall Street estimates

Defense: Case against Chinese billionaire is 'a…

A lawyer says evidence supporting charges accusing a Chinese billionaire of bribing two United Nations ambassadors to build a U.N. conference center amount to a "big zero."

Republicans move to repeal financial rule opposed by banks

Continuing to target government regulations, a Republican-led House voted Tuesday to overturn a rule that would let consumers join together to sue their banks or credit card companies rather than use an arbitrator to resolve a dispute

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AT&T tops Wall Street's profit, revenue forecasts

AT&T beats 2Q net income and revenue expectations

3M misses expectations even as 2Q profits surge

Trump weighs replacing Fed Chair Yellen with ex-Goldman exec

Trump says he is considering Yellen, Cohn and others to lead the Federal Reserve

US stocks back to records as corporate profits…

U.S. stocks mostly rose in Tuesday morning trading as corporate profits continue to come in even bigger than analysts expected

GM 2Q net earnings fall on loss from sale of…

General Motors' second-quarter net profit fell more than 40 percent as the carmaker lost money on the pending sale of its European unit

Concerns increase in Wisconsin over deal for…

Concerns are rising among lawmakers and others over what incentives Wisconsin may offer to become the first U.S. home of global electronics manufacturing giant Foxconn

EPA chief pledges to streamline Superfund pollution cleanups

President Donald Trump's environmental chief has issued a list of directives intended to "revitalize" the federal program that cleans up hazardous waste sites

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Nielsen tries to quantify the Hulu, YouTube effect

Nielsen says it will start counting how many people are watching live TV services from online streaming companies Hulu and YouTube

Smugglers offer crammed big rigs as 'VIP…

The gruesome discovery of a tractor-trailer full of dozens of dead and suffocating people outside a San Antonio Walmart reflects a durable business model for smugglers