Shoppers in Sanya, China, in September. Adjusted for inflation, consumer spending climbed 9.6 percent last year, led by blistering growth in online retail sales of 26.2 percent.
President-elect Donald Trump boards the elevator to the lobby after meetings at Trump Tower in New York City on January 16, 2017. Soon-to-be President Donald Trump loomed large over the World Economic Forum in Davos this year, casting a shadow …
General Electric Co. reported fourth-quarter sales below analysts’ estimates as the persistent slump in the oil market weighed on sales of industrial equipment.
Dario Gil, director of symbiotic cognitive systems at IBM Research, holds a remote control wand while giving a demonstration of the IBM Watson immersion room in 2014.
WASHINGTON – Agriculture industry associations reacted mostly favorably to the nomination of former Georgia Gov. Sonny Perdue for agriculture secretary but critics suggested Donald Trump’s last cabinet selection indicated rural America is low on his …
Procter & Gamble Co., the world’s largest consumer-products maker, reported fiscal second-quarter earnings that topped analysts’ estimates as the company sold more new and premium products.
Rohit Chopra, former student loan ombudsman for the Consumer Financial Protection Bureau, which has filed suit against the nation’s largest student loan servicer.
WASHINGTON—Uber Technologies Inc. agreed Thursday to pay $20 million to resolve Federal Trade Commission allegations that it misled drivers about potential earnings and vehicle financing.
Western Union Co. agreed to pay $586 million and admitted it failed to stop money laundering and wire fraud as part of a deal with the U.S.. Lapses in the company’s anti-money laundering controls allowed hundreds of millions of dollars in prohibited …
LAS VEGAS – Billionaire Sheldon Adelson’s casino company is paying almost $7 million to U.S. authorities to end a more than five-year corrupt practices investigation of the firm’s former relationship with a consultant in Macao and China, company and …
The Girl Scouts of the USA has defended its decision to send its girls marching into Donald Trump’s Inaugural Parade. After the Republican’s election campaign, which was fraught with claims of sexual assault against women and misogynistic rhetoric …
Donald Trump recently called the so-called border adjustment in the House Republican tax-reform plan “too complicated.” He’s got that right: The proposal to incorporate border-tax adjustments into business taxes has created infighting among some …
Schlumberger Ltd. reported a fourth-quarter loss as oil’s slump continued to weigh on demand for drilling services. The world’s largest oilfield service provider posted a net loss of $204 million, or 15 cents a share, after a loss of $1.02 billion, or …
Avaya, a struggling tech company based in Santa Clara, has filed for a Chap. 11 bankruptcy. Images are from the Avaya web site. By George Avalos | gavalos@bayareanewsgroup.
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