Business News

AT&T Sued For Allegedly Inflating DirecTV Now…

Employees allegedly used fake email addresses and customers financial information to charge them for subscriptions.

Democrats block Pentagon bill amid border wall…

Senate Democrats have blocked debate on the almost $700 billion Pentagon budget and other spending bills amid a feud by the chamber's leaders

Johnson faces Brexit flak from EU lawmakers and…

British Prime Minister Boris Johnson has been accused by European Union officials of failing to negotiate seriously and branded the "father of lies" by a lawyer in the U.K. Supreme Court.

The Latest: Union protesters arrested at Tennessee GM plant

A United Auto Workers official says about seven to nine union picketers were arrested for blocking a roadway at a General Motors plant in Tennessee

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Oil price drops for 2nd day despite heightened…

Oil prices continued to slide even as the Saudi military blamed Iran for recent attacks to critical oil infrastructure

Business Highlights

US stocks end mixed following Fed's decision to…

Major U.S. stock indexes closed mostly higher Wednesday after the Federal Reserve cut its benchmark interest rate for a second time this year

How major US stock indexes fared Wednesday

Major U.S. stock indexes closed mostly higher Wednesday after the Federal Reserve delivered an expected cut in interest rates

Striking workers question whether UAW leaders can…

With corruption probe in the background, many striking UAW workers wonder whether union leaders can be trusted

What the Fed's rate cut means for you

The Fed has lowered its benchmark rate but impact on consumers may be muted

Creativity without the pressure at 'paint and sip' studios

''Paint and sip" studios where adults can spend evenings out learning to make art in a relaxed, BYOB setting have become a global sensation in recent years

Saudi-led group to construct gas pipeline in Bulgaria

Bulgaria has signed 1.1 billion-euro construction contract ($1.2 billion) with a Saudi-led group for a natural gas pipeline that would link to the TurkStream pipeline project

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Tech execs say they're acting faster on extremist…

Executives of Facebook, Google and Twitter are telling Congress they've gotten better and faster at detecting and removing violent extremist content on their social media platforms in the face of mass shootings fueled by hatred.

Paris tests new bubble-shaped water taxi

Paris is testing out a new form of travel: an eco-friendly bubble-shaped taxi that zips along the water up and down the Seine River

Google ads: effective, a little frustrating, businesses say

Google's dominance of the online search and advertising markets has led to government antitrust investigation of the tech giant, but small businesses say it's worth it despite the cost

Humana co-founder David Jones Sr. dies

David A. Jones Sr., who invested $1,000 to start a nursing home company that eventually transformed into health insurance giant Humana Inc., has died at age 88. Jones served as Humana's CEO for 37 years and as its board chairman for 44 years

Text of the Fed's statement after its meeting Wednesday

The full text of the Federal Reserve's policy statement after its meeting Wednesday

BA pilots call off planned 24-hour strike, urge 'cool heads'

British Airways pilots have called off a planned 24-hour strike in their dispute with the airline over pay

FedEx shares tumbles after company lowers full-year outlook

FedEx shares plunge on disappointing profit and a sharp cut in its forecast for full-year earnings

US home building climbs 12.3% in August to…

US home building climbs 12.3% in August to highest level since 2007

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Facebook slashes price, size of Portal video call…

Facebook is slashing the price and the size of the Portal, its screen and camera-equipped gadget for making video calls with friends and family as it attempts to get the device into more homes

Qatar Airways posts $639 million loss if latest fiscal year

Qatar Airways reports a loss of $639 million (2.3 billion riyals) for its latest 12-month period as it continues to struggle with a boycott by neighboring countries against Qatar

Slow progress reported in talks as GM strike…

Union and company bargainers were making progress toward a new contract as a strike by United Auto Workers brought 33 General Motors factories to a halt continued into its third day Wednesday