Business News

Mixed results on Wall Street as S&P 500 retreats from record highs
July 20, 2017

tarabird/iStock/Thinkstock(NEW YORK) — Thursday saw mixed results on Wall Street after consecutive record-setting days for the Nasdaq and S&P 500. The…

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Elon Musk says he received verbal approval to build underground hyperloop
July 20, 2017

Photo: Hyperloop One/Tesla(NEW YORK) — Elon Musk tweeted on Thursday that his Boring Company has received verbal approval to build an…

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Farming startup raises $200M from major investors
July 20, 2017

iStock/Thinkstock(SAN FRANCISCO) — A California startup that turns farming on its head has raised $200 million dollars from big-name investors such…

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Exxon slapped with $2M fine for violating Russia sanctions while Tillerson was CEO
July 20, 2017

James Leynse/Corbis via Getty Images(WASHINGTON) — The Treasury Department has fined Exxon Mobil $2 million for violating Ukraine-related sanctions against Russia…

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'Dark web' marketplaces shut down after global investigation
July 20, 2017

DigitalVision/Thinkstock(NEW YORK) — Two of the world’s largest “dark web” marketplaces have been shut down after a global investigation, according to…

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UK watchdog cracking down on ads with 'harmful' gender stereotypes
July 19, 2017

Wavebreakmedia Ltd/Thinkstock(NEW YORK) — The United Kingdom advertising industry’s self-regulatory group is cracking down on ads that feature stereotypical gender roles,…

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IBM stock falls after another quarter of declining revenue, Wall Street sets new records
July 19, 2017

JaysonPhotography/iStock/Thinkstock(NEW YORK) — Another record setting day for two of Wall Street’s indices, as tech stocks and drug company Vertex Pharmaceuticals…

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McCormick to acquire French's, Frank's RedHot brands for $4.2 billion
July 19, 2017

Photo by Roberto Machado Noa/LightRocket via Getty Images(NEW YORK) — In a sale worth more than $4 billion, McCormick & Company…

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Brides-to-be offered free wedding gowns after dress chain closes
July 19, 2017

iStock/Thinkstock(NEW YORK) — Brides are stepping up to help brides-to-be after the sudden bankruptcy of a national bridal dress chain left…

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Report: Canadians buying more homes in U.S.
July 19, 2017

Joe Raedle/Getty Images(NEW YORK) — More Canadians are buying homes in the United States, according to a new report. The National…

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