WICHITA, Kan. -- David Koch, who along with his brother Charles ran Koch Industries for decades and became a household name in American politics, has died.

Koch was 79. Koch Industries said in a statement he died "after many years of fighting various illnesses."

Koch was born in Wichita. He was an executive at Koch Industries until he retired ...Read more

David Koch, the industrialist and libertarian who used his fortune to transform American politics while also donating more than $1 billion to philanthropic causes, has died. He was 79.

The death was confirmed by Koch's spokeswoman Cristyne Nicholas.

Koch, whose net worth of about $59 billion in the Bloomberg Billionaires Index tied him with ...Read more

BEIJING -- China on Friday said it plans to impose tariffs on an additional $75 billion worth of U.S. goods imported into the country.

The tariffs will range between 5% and 10% and be implemented in two phases on Sept. 1 and Dec. 15, the Customs Tariff Commission of the State Council has announced.

In a separate announcement, China said it ...Read more

Q: My Honda Civic has a computer that estimates remaining oil life. That usually indicates I have about 50% oil life left when I reach the mileage indicated on my windshield sticker for my next oil change. The sticker is placed there by the repair shop doing the oil change. Should I follow the instructions of the manufacturer/car computer or the...Read more

In its effort to temper the sky-high prices Americans pay for many vital medications, the Trump administration last month unveiled a plan that would legalize the importation of selected prescription drugs from countries where they sell for far less. But the plan addresses imports only at the wholesale level; it is silent about the transactions ...Read more

President Donald Trump is angry with automakers, including Ford, that have signed onto a deal with California for fuel-economy standards that are tougher than what the administration wants.

"Henry Ford would be very disappointed if he saw his modern-day descendants wanting to build a much more expensive car, that is far less safe and doesn't ...Read more

The recession fears are real. A recession isn't.

Emotions and facts often compete for investors' attention. The friction between the two drives short-term price changes.

The economy will fall into a recession. The business cycle ebbs and flows. What worries investors is when will the contraction come and how bad will it be.

It's impossible, ...Read more

Riot Games has settled a class-action lawsuit filed by workers who said they were routinely subjected to sexual harassment and discrimination in the course of their jobs at the Los Angeles video game studio.

The suit originated last November when two women who had worked at the company, which is owned by the Chinese technology giant Tencent, ...Read more

Amazon delivery drivers were surprised to learn earlier this year that the e-commerce giant would at times dip into their tips to cover their promised wages. That's about to change, according to an email the company sent drivers on Wednesday.

Amazon will start to give a full breakdown of how much Flex drivers, who deliver for the company's ...Read more

SAN FRANCISCO -- Tim Connollly, the head of partnerships and distribution for streaming video start-up Quibi, has left the company as part of a reorganization.

Connolly, a former Hulu executive who joined in 2018, has exited and the team that reported to him has been reorganized, according to a person familiar with the matter who declined to be...Read more

WASHINGTON -- The average American has received more than 100 robocalls already this year: annoying and unwanted calls, scammers looking to exploit vulnerable populations, and all manner of alerts -- some important and others simply fake.

Twelve of the nation's largest phone companies, including AT&T, Sprint, T-Mobile, Verizon, Charter and ...Read more

A former Uber software engineer is suing the company, saying it fired her after she reported sexual harassment and discrimination.

In a lawsuit filed this week in San Francisco County Superior Court, Yingnan Li claims she was subjected to harassment, was denied equal pay and a promotion, and eventually was terminated after complaining about her...Read more

Apple may be putting more emphasis on services such as Apple Music and its upcoming Apple TV+ streaming television offering, but that doesn't mean the tech giant is giving up on its iconic products in any way.

As an example of that, Apple is expected to hold an event in September in which it will unveil not only new models of the iPhone, but ...Read more