Business News

Gap 1Q profit misses Street estimates

Gap 1Q profit misses Street estimates

The Latest: Trump administration defends Keystone…

Attorneys for the Trump administration have asked a judge to uphold approval of the disputed Keystone XL oil sands pipeline

Trump signs bill easing post-2008 crisis…

President Donald Trump has signed into law a measure loosening key restraints for banks that stemmed from the 2008 financial crisis and Great Recession

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Feds: Uber self-driving SUV saw pedestrian, did…

Federal investigators say the autonomous Uber SUV that struck and killed an Arizona pedestrian in March spotted the woman about six seconds before hitting her but didn't stop automatically because emergency braking was disabled

Study: Some public pensions funds could run dry in downturn

A new study finds that some public pension funds are in such bad shape that they might be totally depleted during an economic downturn

The Latest: Auto workers head cautious about…

United Auto Workers President Dennis Williams cautiously backed the U.S. decision to explore raising tariffs on imported vehicles

Analysis says Trump budget won't curb deficits as promised

The nonpartisan Congressional Budget Office says President Donald Trump's budget plan won't curb the spiraling budget deficit as it claims

Europe looks for deeds, not words, from Italy's…

Europe looks for deeds, not words, from Italy's new populists as premier-designate gets to work

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Macron wants to make France gateway to Europe for…

Macron wants to make France gateway to Europe for tech firms; country is 'changing like crazy'

Gap Inc. Reports First Quarter Results

Facebook won't pay compensation for Cambridge…

Facebook says it will not compensate users in the scandal over the misuse of their personal data by political consultancy Cambridge Analytica

McDonald's not ready to let go of plastic straws

McDonald's isn't ready to stop offering plastic straws at its more than 37,000 locations globally

Best Buy posts strong sales, but investors sour…

Best Buy is thriving, but Wall Street wanted more from its outlook

Man pleads guilty to long-running sports betting operation

Maine man pleads guilty to running an illegal sports gambling operation out of his home and business for 14 years, making him millions

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US average mortgage rates at 7-year highs…

Long-term U.S. mortgage rates rose this week, continuing at their highest levels in seven years. Mortgage buyer Freddie Mac says the average rate on 30-year, fixed-rate mortgages was 4.66 percent, up from 4.61 percent last week.

Taking on the system: 'Dreamers' are getting law…

'Dreamer' law students discover that after years of schooling, first legal battle may involve ability to practice