LOS ANGELES -- California's state treasurer announced Wednesday that he has temporarily severed some business relationships with Wells Fargo & Co. over revelations that the bank created millions of accounts without ...Read more
WASHINGTON -- Outraged lawmakers pressed Federal Reserve Chairwoman Janet L. Yellen on Wednesday to punish Wells Fargo & Co. for creating as many as 2 millions fake accounts, but she declined to commit to any regulatory ...Read more
LOS ANGELES -- SpaceX Chief Executive Elon Musk on Tuesday unveiled his plans for colonizing Mars, which could eventually involve a fleet of up to 1,000 spaceships to transport as many as 1 million people to the Red Planet...Read more
Elon Musk said SpaceX successfully tested its Raptor rocket engine that might one day be used to transport people to Mars.
SpaceX "achieved first firing of the Raptor interplanetary transport engine," Musk said Sunday ...Read more
The world's car companies are all reaching for the same holy grail: a good-running, zero-emissions vehicle that has long driving range. And is affordable. And can be refueled quickly.
Toyota's latest entry is an electric-...Read more
Apple Inc. is reportedly planning to open its first research and development center in China, allowing the tech giant to extend its reach in a vital market and maintain goodwill with the Chinese government.
The Cupertino,...Read more
LEXINGTON, Ky. -- Lexmark's sale to the Chinese consortium led by APEX Technology and PAG Asia Capital cleared its hurdle with a U.S. federal agency on Friday.
The Committee on Foreign Investment in the U.S. approved the ...Read more
If all goes well, American Airlines passengers won't realize that the Fort Worth, Texas-based airlines took a key and potentially tricky step on Saturday in its merger with US Airways.
The combination of American Airlines...Read more
Fenton's DeathS. Elizabeth
Emm and Francine grew up with Fenton. He was their neighbor, best friend and big brother all in one. Fenton thought he loved both his friends equally but one day as a young man he realized he had to make a choice. But what would his choice do to the 3. And then...Fenton died. Fenton's Death ...
BALTIMORE -- McCormick & Co. boosted sales and profit in a third quarter driven by strong global demand for flavorings and healthy foods, the spice maker reported Friday.
Net income rose to $127.7 million from $97.6 ...Read more
General Motors placed an industry-leading eight vehicles among the semifinalists for the North American Car, Truck and Utility vehicle of the year.
The 30 semifinalists for the three awards range from compact economy cars...Read more
The nation's headlines have been filled with surveys of Americans saying how they will vote this presidential election. Investors may be better served by focusing on the economic data underpinning voters' motivations.
MILWAUKEE -- Northwestern Mutual Life Insurance Co. plans to eliminate about 100 jobs this year and "hundreds" more in 2017, the company's top executive told employees Thursday morning.
"As we invest in our strategic ...Read more
LOS ANGELES -- Ten Republican Congress members led by Rep. Mike Coffman, R-Colo., have sent a letter to the heads of the Air Force, NASA and the Federal Aviation Administration questioning whether SpaceX should be allowed ...Read more
WASHINGTON -- The reputation of Wells Fargo & Co. took another blow Thursday when it agreed to pay $24.1 million for the improper repossession of cars owned by members of the U.S. military.
The bank agreed to pay $4.1 ...Read more
SAN DIEGO -- Qualcomm is reportedly in talks to buy NXP Semiconductor for about $30 billion in what could be a blockbuster, transformative deal for the San Diego wireless company.
Citing unnamed sources familiar with ...Read more
LOS ANGELES -- The Los Angeles city attorney has reached a $13.5 million settlement with U.S. Bank to resolve allegations that the nation's fifth largest bank operated as a slumlord and allowed hundreds of foreclosed ...Read more
Lawmakers on Thursday intensified their calls for a wide range of investigations into Wells Fargo & Co. -- and into the practices of other banks -- as political fallout from the San Francisco institution's creation of ...Read more
SEATTLE -- Costco Wholesale on Thursday beat Wall Street's earnings estimates for the quarter and fiscal year that ended Aug. 28.
The warehouse giant, headquartered outside Seattle, reported quarterly profit of $779 ...Read more
If you want to buy a home and go to a bank for a mortgage, you may get a warmer welcome than people have received in years.
The mortgage lending market is thawing. Banks are providing more mortgages after essentially ...Read more
The FCC delayed a vote scheduled Thursday on Chairman Tom Wheeler's proposed rule to require pay TV services to offer their programming on streaming apps.
"We have made tremendous progress and we share the goal of ...Read more