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Thursday, Dec 10, 2015 at 06:34 AM EST

Small Number of Staff Behind Scandal: VW

Small Number of Staff Behind Scandal: VW

Volkswagen believes that only a small number of employees were behind the emissions scandal, but its board chairman said Thursday the company is still investigating and suggested the probe will not exclude...

Wednesday, Dec 9, 2015 at 07:18 PM EST

Nordstrom, J.C. Penney, Others Settle False Labeling Lawsuit

Nordstrom, J.C. Penney, Others Settle False Labeling Lawsuit

Nordstrom, J.C. Penney, Bed Bath and Beyond, and Backcountry.com agreed to pay penalties totaling $1.3 million for falsely labeling fibers in some of their products, according to the Federal Trade...

Wednesday, Dec 9, 2015 at 05:35 AM EST

Toyota Starts Sales of 4th Generation Prius Hybrid

Toyota Starts Sales of 4th Generation Prius Hybrid

Toyota said Wednesday it expects annual sales of its newly-released fourth generation Prius hybrid to reach as many as 350,000 vehicles despite a big drop in oil prices making traditional gasoline cars cheap to...

Friday, Nov 27, 2015 at 07:28 AM EST

Online Sales Surge, but Thousands Lining Up for Black Friday

Online Sales Surge, but Thousands Lining Up for Black Friday

Thousands of shoppers are still choosing to line up in the stores to make sure they got the best deals. The tradition of getting there early was still going strong, according to NBC News. Hundreds lined...

Monday, Nov 23, 2015 at 07:54 AM EST

Pfizer, Allergan Merge in Biggest Drug Deal Ever

Pfizer, Allergan Merge in Biggest Drug Deal Ever

Pfizer and Allergan will join in a $160 billion deal to create the world's largest drugmaker. The transaction is valued at $363.63 per Allergan share. Allergan shareholders will receive 11.3 shares of...

Monday, Nov 23, 2015 at 01:15 AM EST

UnitedHealth May Withdraw From Obamacare

UnitedHealth May Withdraw From Obamacare

Experts are divided over Thursday’s news that the No. 1 U.S. health insurer, UnitedHealth Group, might withdraw from health exchanges mandated by so-called Obamacare legislation, NBC News reported. The company...

Sunday, Nov 22, 2015 at 03:19 AM EST

Will Nation's Top Health Insurer Kill Obamacare?

Will Nation's Top Health Insurer Kill Obamacare?

Thursday's news that the No. 1 U.S. health insurer, UnitedHealth Group, might withdraw from the health insurance exchanges mandated by so-called Obamacare legislation divided experts into two camps.

Monday, Nov 16, 2015 at 05:21 PM EST

U.S. Stocks Close Sharply Higher in Wake of Paris Attacks

U.S. Stocks Close Sharply Higher in Wake of Paris Attacks

U.S. stocks gained Monday on a sharp jump in oil prices boosted by geopolitical concerns following weekend terror attacks in Paris. The major U.S. averages closed more than 1 percent higher, recovering some of...

Wednesday, Nov 11, 2015 at 04:07 PM EST

Company Makes $14B on China's Fake 'Singles' Day'

Company Makes $14B on China's Fake 'Singles' Day'

The retail website Alibaba brought up $14 billion in sales on the made-up Chinese holiday "Singles' Day," the company said on Thursday. This year's sales were 60 percent higher than last year.

Wednesday, Nov 11, 2015 at 10:28 AM EST

Beer Giants AB InBev, SABMiller Reach $107B Deal

Beer Giants AB InBev, SABMiller Reach $107B Deal

The world's two biggest beer makers will join forces to create a company that produces almost a third of the world's beer. But in the U.S., the deal will not bring arch rivals Budweiser and Miller under the same...

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