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Rise of the superfake: Hermès Birkins, Louis Vuitton brands being copied flawlessly
Counterfeit purses have been flooding the market for several decades.
April 29, 2024United Auto Workers reaches deal with Daimler Truck, averting potential strike in North Carolina
The deal covers workers at various plants in North Carolina.
April 27, 2024
Latest Business Video
Latest Business Video
Latest Business Headlines
33 minutes ago
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for June delivery fell 84 cents to $78.11 per barrel Friday
33 minutes ago
33 minutes ago
Three groups are suing New Jersey to block an offshore wind farm
Three anti-wind power groups are suing New Jersey to overturn a key environmental approval for a wind energy farm planned off the coast of Long Beach Island
33 minutes ago
1 hour ago
Aetna agrees to settle lawsuit over fertility coverage for LGBTQ+ customers
The health insurer Aetna has agreed to settle a lawsuit over whether its fertility treatment coverage discriminates against LGBTQ+ patients
1 hour ago
3 hours ago
Self-exiled Chinese businessman's chief of staff pleads guilty weeks before trial
The chief of staff of a Chinese businessman sought by the government of China has pleaded guilty to conspiracy charges weeks before her boss goes to trial in New York in a fraud case
3 hours ago
3 hours ago
Apple, Amgen rise; Expedia, Fortinet fall, Friday, 5/3/2024
Stocks that are trading heavily or have substantial price changes Friday: Apple, Amgen rise; Expedia, Fortinet fall
3 hours ago
May 03
April jobs report misses expectations, signaling a possible slowdown
U.S. employers added 175,000 jobs in April.
May 03
May 03
Google, Justice Department make final arguments about whether search engine is a monopoly
The government and Google are making their closing arguments in a high-stakes antitrust trial to a federal judge in Washington who must now decide whether the tech giant’s search engine constitutes an illegal monopoly
May 03
May 03
Traffic snarled as workers begin removing I-95 overpass scorched in Connecticut fuel truck inferno
Workers have begun removing a bridge over a Connecticut highway that was damaged in a fiery crash involving a gasoline tanker truck
May 03
May 03
US loosens some electric vehicle battery rules, potentially making more EVs eligible for tax credits
West Virginia Sen. Joe Manchin says new rules governing electric vehicle tax credits are a giveaway to China
May 03
May 03
US employers scaled back their hiring in April, adding 175,000 jobs in the face of higher borrowing rates
US employers scaled back their hiring in April, adding 175,000 jobs in the face of higher borrowing rates
May 03
May 03
The UK government acted unlawfully in approving a climate plan, a High Court judge has ruled
A U.K. High Court judge has ruled that the government acted unlawfully when it approved a plan to meet climate targets without evidence it could be delivered
May 03
May 03
Yellen says threats to democracy risk US economic growth, an indirect jab at Trump
Treasury Secretary Janet Yellen is arguing that a fractured democracy can have destructive effects on the economy
May 03
May 03
Nippon Steel delays closing of acquisition of US Steel until late this year after US DOJ request
Nippon Steel says it has postponed the expected closing of its $14.1 billion takeover of U.S. Steel by three months after the U.S. Department of Justice requested more documentation related to the deal
May 03
May 03
King Charles' longtime charity celebrates new name and US expansion at New York gala
The King’s Trust has celebrated its new name, an update of King Charles III’s long-running charity The Prince’s Trust
May 03
May 03
Stock market today: Wall Street surges as key report shows pullback in hiring
Stocks are rising on Wall Street, erasing the market's losses for the week, after the government reported a cooldown in hiring last month
May 03
May 03
Sanctions and a hobbled economy pull the rug out from under Iran's traditional carpet weavers
The historic Kashan bazaar in central Iran once sat on a major caravan route, its silk carpets known the world over
May 03
May 03
A tornado hit an Oklahoma newsroom built in the 1920s. The damage isn't stopping the presses
A weekly newspaper in a rural Oklahoma community was at the center of a path of destruction
May 03
May 03
Colombia breaks diplomatic ties with Israel but its military relies on key Israeli-built equipment
Colombia has become the latest Latin American country to announce it will break diplomatic relations with Israel over its military campaign in Gaza
May 03
May 03
As China's Xi Jinping visits Europe, Ukraine, trade and investment are likely to top the agenda
Ukraine, trade and investment are expected to dominate Chinese leader Xi Jinping's first trip to Europe in five years, which starts in France on Monday
May 03
May 02
E-waste is overflowing landfills. At one sprawling Vietnam market, workers recycle some of it
The world is producing more electronic waste than ever — 62 million metric tons in 2022
May 02
May 02
Comcast blacks out 15 regional sports networks in contract dispute with distributor
Comcast has blacked out 15 regional sports networks offered by Bally Sports, escalating a contract dispute with their distributor
May 02
May 02
US employers scaled back hiring in April. How that could let the Fed cut interest rates
The nation’s employers pulled back on their hiring in April but still added a decent 175,000 jobs in a sign that persistently high interest rates may be starting to slow the robust U.S. job market
May 02
May 02
Man found guilty of murder in 2020 fatal shooting of Missouri officer
A man charged with killing a St. Louis police officer in 2020 has been found guilty of murder
May 02
May 02
Berkshire Hathaway board feels sure Greg Abel is the man to eventually replace Warren Buffett
Everyone knows Warren Buffett’s successor won’t be able to match the legendary investor
May 02
May 02
Global Citizen NOW urges investment in Sub-Saharan Africa and youth outreach
Global Citizen NOW says it wants 2024 conference attendees to invest long-term in the African continent's fast-growing youth population and increase outreach to young changemakers
May 02
May 02
Airbnb offering Hollywood treatment to guests
Airbnb has created a special category for guests who want to live like movie stars. The online marketplace for consumers to book short or long-term stays is offering homes inspired by movies.
May 02
May 02
Maui sues cell carriers over wildfire warning alerts that were never received during service outages
Maui County is suing major cellular carriers for failing to properly inform police of widespread service outages during the height of last summer’s deadly wildfire
May 02
May 02
Turkey halts all trade with Israel over military actions in Gaza
Turkey has announced that it is suspending all imports and exports to Israel over its ongoing military action in Gaza
May 02
May 02
Sony Pictures and private equity firm interested in buying Paramount for $26 billion, AP source says
Sony Pictures and Apollo Global Management have expressed interest in buying Paramount Global for $26 billion
May 02
May 02
Apple's quarterly iPhone sales plunge 10%, but stock price surges on dividend, stock buyback news
Apple has posted its steepest quarterly decline in iPhone sales since the pandemic’s outset
May 02
May 02
The Fed indicated rates will remain higher for longer. What does that mean for you?
The Federal Reserve’s decision Wednesday to keep its benchmark rate at a two-decade high should have ripple effects across the economy
May 02
May 02
Kentucky governor predicts trip to Germany and Switzerland will reap more business investments
Gov. Andy Beshear is predicting that his recent economic development trip to Germany and Switzerland will reap more business investments in Kentucky
May 02
May 02
How major US stock indexes fared Thursday, 5/2/2024
U.S. stocks closed higher and trimmed their losses for the week
May 02
May 02
Interest rates could be high for much longer. Here's what it means for you
The Fed held interest rates steady at a meeting this week.
May 02
May 02
Russian state media is posting more on TikTok ahead of the U.S. presidential election, study says
A study by the nonprofit Brookings Institution says Russian state-affiliated accounts have boosted their use of TikTok and are getting more engagement on the short-form video platform ahead of the U.S. presidential election
May 02
May 02
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for June delivery fell 5 cents to $78.95 per barrel Thursday
May 02
May 02
IRS acts to address wide disparity in audit rates between Black taxpayers and other filers
The IRS says it's taken steps to address a wide disparity in audit rates between Black taxpayers and others filers
May 02
May 02
Exxon Mobil deal with Pioneer gets FTC nod, but former Pioneer CEO Scott Sheffield barred from board
Exxon Mobil’s $60 billion deal to buy Pioneer Natural Resources has received clearance from the Federal Trade Commission, but the former CEO of Pioneer was barred from joining the new company’s board of directors
May 02
May 02
Qualcomm, Carvana rise; DoorDash, Qorvo fall, Thursday, 5/2/2024
Stocks that traded heavily or had substantial price changes on Thursday: Qualcomm, Carvana rise; DoorDash, Qorvo fall
May 02
May 02
Average long-term US mortgage rate rises for again, reaching highest level more than five months
The average rate on a 30-year mortgage climbed this week to its highest level in more than five months, pushing up borrowing costs for prospective homebuyers in what’s typically the housing market’s busiest stretch of the year
May 02
May 02
Amazon CEO Andy Jassy's comments about unions violated federal law, NLRB judge rules
An administrative law judge has ruled that Amazon CEO Andy Jassy violated labor law by making certain anti-union comments during media interviews two years ago
May 02
May 02
Send us Patriots: Ukraine's battered energy plants seek air defenses against Russian attacks
Ukrainian energy workers are struggling to repair the damage from intensifying airstrikes aimed at pulverizing Ukraine’s energy grid
May 02
May 02
Final cost in for Mets' sorry 2023 season $420 million in payroll plus luxury tax
The final cost of the Mets’ sorry 2023 season has been totaled: $420 million
May 02
May 02
AI use by businesses is small but growing rapidly, led by IT sector and firms in Colorado and DC
The rate of businesses in the U.S. using AI is still relatively small but growing rapidly
May 02
May 02
Broadband internet services are disrupted in most parts of Nepal
Broadband internet are disrupted in many parts of Nepal as Indian vendors from whom most Nepali private operators source the bandwidth stopped providing the services because of payment defaults
May 02
May 02
Judge in landmark antitrust case grills Google, Justice during closing arguments
The judge overseeing a pivotal antitrust trial focused on whether Google is stifling competition and innovation has repeatedly indicated he believes it would be difficult for a formidable rival search engine to emerge
May 02
May 02
Senators want limits on the government's use of facial recognition technology for airport screening
A bipartisan group of senators wants restrictions on the use of facial recognition technology by the Transportation Security Administration
May 02
May 02
Peloton cutting about 400 jobs worldwide; CEO McCarthy stepping down
Peloton is cutting about 400 jobs worldwide as part of a restructuring effort and its CEO Barry McCarthy is stepping down after two years as the company continues to work on turning around its business
May 02
May 02
Czech central bank cuts a key interest rate again with inflation down and the economy on the mend
The Czech Republic’s central bank has cut its key interest rate for the fourth straight time as inflation dropped and the economy has shown signs of recovery
May 02
May 02
Number of Americans applying for jobless claims remains historically low
The number of Americans applying for unemployment benefits was unchanged last week and remains historically low as the labor market continues to show resiliency in the face of high interest rates and elevated inflation
May 02