American Airlines agrees to double-digit pay raises

The Hillary Clinton billionaires club
Warren Buffett is the most well-known (and wealthiest) billionaire to endorse Hillary Clinton over Donald Trump. But other super-rich men and women are with Hillary too — even though Trump himself is a billionaire … and Republican.

SodaStream’s sparkling water makeover pays off
SodaStream profits more than doubled as consumers buy more of its sparkling water makers. The stock surged 19% on Tuesday to the highest level in nearly two years.

McDonald’s to nix artificial preservatives from McNuggets
McDonald’s said Monday that it’s planning to eliminate artificial preservatives from its McNuggets and stop using high fructose corn syrup in its hamburger buns.

Smith & Wesson shares hit all-time high
Smith & Wesson shares hit an all-time high Monday as America’s demand for firearms continues to skyrocket.

Nigerian man arrested in global, $60 million scam
A Nigerian man alleged to be the mastermind behind an international crime ring that swindled individuals and companies out of $60 million has been arrested.

Verizon wants to run every part of your life
Verizon just bought the core assets of Yahoo — and now it’s buying Fleetmatics, a company that develops tracking technology for cars and trucks. It’s another sign of how Verizon aims to get a cut from tech tied to all mobile devices.

Washington State is suing Comcast for $100 million
Washington State’s attorney general is suing Comcast for $100 million for what it claims are “deceptive practices.”

My new favorite truck is a Honda
The Ridgeline new Ridgeline has all the benefits of a crossover SUV but with a bed you can load with mulch.

Volkswagen exec repays $14,000 for lavish beer party
Audi boss Rupert Stadler was forced to pay nearly $14,000 to reimburse parent company Volkswagen for the cost of an expensive beer drinking competition.

Apple now owns a piece of Uber?
Read full story for latest details.

Tesla offers to buy SolarCity for $2.6 billion
With Tesla offering to buy SolarCity, Elon Musk is trying to solidify his claim to the clean energy throne.

Uber to merge its China business with Didi Chuxing
Uber is set to merge its China operations with those of rival Didi Chuxing, a landmark deal that would end the ride-hailing company’s quest to dominate one of the world’s largest markets.

Italy’s oldest bank gets 5 billion euro rescue
Read full story for latest details.

Saatchi & Saatchi chairman Kevin Roberts put on leave for comments on women
Saatchi & Saatchi chairman Kevin Roberts said more women don’t become bosses because they prize work satisfaction over “vertical ambition” to move up.

What’s holding up Iran’s big airplane deals
Iran’s grand plan to buy aircraft from Boeing and Airbus faces serious obstacles at home and abroad.

Bud-Miller $105 billion deal is back on track
SABMiller’s board has approved a sweetened takeover offer from Anheuser-Busche InBev.

Amazon, Facebook race past Buffett’s Berkshire
For the first time ever, Amazon and Facebook are more valuable than Berkshire Hathaway, the storied company run by legendary investor Warren Buffett.

Paramount settles EU pay-TV probe but other studios hold out
Paramount has broken ranks with other Hollywood studios and agreed to ditch contentious contracts that restricted who could watch its movies on pay-TV in Europe.

Big McDonald’s comeback runs into trouble
The all-day breakfast glow may be starting to wear off. McDonald’s suffered a slowdown in U.S. sales that that alarmed investors.

eHarmony’s co-founder and star of its ads is stepping down
Dr. Warren, a former marriage counselor who dispenses advice in eHarmony commercials, is being replaced as CEO.

JetBlue eyes flights to Europe
JetBlue signaled it could start flying into Europe, bringing its low-cost model to the pricey transatlantic market.

Twitter stock falls 10% on weak sales
Read full story for latest details.

Hackers preying on US companies send the cash to China and Hong Kong
The vast majority money stolen by hackers in “business email compromise” scams goes to banks in China and Hong Kong, according to the FBI.

This ambitious Chinese tech firm just snapped up Vizio for $2 billion
A cutting-edge Chinese tech firm that you’ve probably never heard of just snapped up top U.S. electronics maker Vizio for $2 billion.

Beaten-down Apple has best day in 2 years
Apple shares spiked 6% even though the tech behemoth just suffered its second-straight quarter of shrinking sales. It’s a sign of how Apple faces dramatically diminished expectations these days.

Facebook is unstoppable
Read full story for latest details.

The world’s ‘riskiest bank’ is in trouble
Read full story for latest details.

Whole Foods struggles to get back on its feet
A little over a year since it’s price gouging scandal, Whole Foods is still struggling to turn its ship around in the right direction.

Netflix exec talks ratings, competition and expansion
Netflix exec talks ratings, competition and expansion

Powerball jackpot increases to $478 million, 5th largest ever
Powerball’s jackpot has grown to $478 million ahead of the next drawing on Saturday. It currently 5th largest Powerball prize of all time.

Boeing could kill production of its iconic 747 jumbo jet
Boeing has warned that it could stop producing its legendary 747 planes if orders do not pick up after years of slow sales.

Studio behind James Bond to be sold for $425 million
Pinewood Group, which helped produce all your favorite James Bond and Harry Potter films, is preparing for a buyout.

Why restaurant recession fears are on the rise
Americans are growing more hesitant to eat out. Whether the slowdown is being driven by rising prices, slowing job growth or even terrorism, some believe it could be the start of a painful restaurant recession.

Ford’s darkest day in 5 years
Ford stock plunged 8% on Thursday as the auto maker warned of a growing list of global risks and signaled a slowdown for the previously-roaring American market.

Chipotle will now make burgers
Struggling Chipotle announced plans on Thursday to jump into the burger business by opening an Ohio restaurant called Tasty Made.

530,000 steel and coal workers are now driving for China’s Uber rival
Meet Mr. Luo, a veteran steelworker who lost his job after 21 years and reinvented himself as a taxi driver for China’s version of Uber.

Oil giant Exxon profits crash 59% to 17-year lows
ExxonMobil hasn’t made this little money since 1999. It’s a sign of how even the biggest oil companies are grappling with the new world of cheap oil.

This Republican tech CEO is torn on Donald Trump
Blackberry’s chief executive John Chen says he’s a long-time Republican, but he’s struggling over what to do when he enters the voting booth come November.

Fox without the $2.3 billion man will be a challenge
Rupert Murdoch and his sons James and Lachlan need to act decisively to end the Roger Ailes soap opera. Fox News is a profit machine for the parent company … and it’s not as if the Fox broadcast network and movie studio are thriving.

American companies have a lot to lose from Turkey chaos
American companies are left wondering what will happen to the billions of dollars worth of investment they’ve poured into Turkey after last week’s failed military coup.

Pokemon Go may give Apple $3 billion boost
Apple may wind up being one of the biggest beneficiaries of the Pokemon Go craze. One analyst is predicting $3 billion in App Store sales for the company over the next two years.

HSBC banker arrested at JFK in trading scheme
HSBC banker arrested at JFK airport as he prepared to leave the country. He and former trader face federal charges they manipulated currency trades.

Volkswagen profits back on track, despite scandal
Read full story for latest details.

Halliburton signals U.S. oil drilling revival
Oil bellwether Halliburton believes the massive decline in oil rigs has finally “reached a landing point” and is preparing for an upcycle in drilling activity.

Special K ads banned over health benefits claims
The U.K. has banned two Special K adverts for making unsubstantiated claims about the health benefits of the popular cereal.

Ford teams up with …. Jose Cuervo
Their mission is to make car parts out of agave byproducts.

It’s a scary world…except for defense companies
Lockheed Martin scored another increase in profits and ramped up its outlook on Tuesday. It’s the latest sign of how defense contractors continue to cash in on today’s scary world.

Can Donald Trump save Twitter?
This is the first election cycle — and presidential conventions — for Twitter as a public company. The stock has bounced back sharply from its lows … and Donald Trump is a prolific tweeter. Will politics help get Twitter back on track?

Top Volkswagen executives charged with fraud in emission scandal
Top Volkswagen executives accused of fraud in emission scandal in lawsuit brought by New York and Massachusetts attorneys general.

This Lego Master Builder brought Captain America to life
Erik Varszegi is a life-long comic book fan. Now, as a Lego Master Builder, he gives superheroes the Lego treatment.

Investors hate Softbank’s record $32 billion deal
Softbank shares tumbled Tuesday as investors reacted to the company’s $32 billion purchase of ARM Holdings, one of the U.K.’s most successful tech companies.

Goldman Sachs continues to slash bonuses
These are challenging times for Wall Street investment banks. Goldman Sachs posted another big drop in revenue as Brexit worries took their toll. Goldman has cut its bonus pool and other expenses as well to compensate.