Business News

Hope for US-China trade progress sends stocks…

Stocks rally on Wall Street and overseas after the U.S. and China said they made progress in trade talks

Policy Makers Debate Pace of Fed Rate Hike

May.21 -- Bloomberg's Kathleen Hays reports on Fed policy. She speaks on "Bloomberg Daybreak: Australia."

Russian billionaire Abramovich runs into UK visa…

An associate of Chelsea soccer club owner Roman Abramovich confirms that Russian billionaire's British visa has not been renewed

Gates Foundation director to lead Pennsylvania universities

A director at the Bill and Melinda Gates Foundation has been chosen as the new chancellor of Pennsylvania's 14 state universities

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US demands wholesale changes in Iran policies…

The Trump administration is demanding that Iran make wholesale changes in its existing military and regional policies or face unprecedented sweeping new sanctions

Divided Supreme Court sides with businesses over…

A divided Supreme Court has ruled that businesses can prohibit their workers from banding together in disputes over pay and conditions in the workplace, a decision that affects an estimated 25 million non-unionized employees

Restaurant group negotiating to buy out Mario…

The restaurant group co-owned by Mario Batali says amid sexual misconduct allegations that it has been "actively negotiating" to buy out the celebrity chef

General Electric continues transformation; $11B…

GE train engine division ties up with Wabtec as GE CEO John Flannery continues to break off parts of the conglomerate

The Latest: Italian League chief: No need to fear…

Right-wing leader Matteo Salvini says other European nations have no reason to worry about Italy's soon-to-be-born populist government

Trump pulls back from brink of trade war with…

President Donald Trump praises latest trade talks with China, declaring that "barriers and tariffs" with Beijing will "come down for the first time."

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AP names Susannah George as intelligence reporter

The Associated Press has announced that award-winning journalist Susannah George will join its Washington bureau as an intelligence reporter

Dispute on eye drop size fails to catch Supreme Court's eye

A dispute about the size of eye drops has failed to catch the eye of the U.S. Supreme Court

UK government does not intend to block Comcast-Sky deal

Britain's government says it does not intend to refer U.S. media conglomerate Comcast's 22 billion pound ($30.7 billion) takeover offer for London-based Sky to competition authorities.

Stocks are higher as US, China put trade war on…

Global stock markets are trading higher as investors cheer the outcome of trade negotiations between the United States and China that put a trade war on hold, clearing an uncertainty

Zuckerberg meeting with EU parliament leaders to…

Facebook CEO Mark Zuckerberg has agreed to have Tuesday's meeting with the leaders of the European parliament about the data protection scandal that has engulfed his company open the public through web streaming

'Deadpool 2' ends Avengers' box-office reign…

Deadpool and his foul-mouthed crew of misfits and malcontents have taken down the Avengers