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Business

BP ousts chairman over ‘serious’ governance concerns as shares tumble

BP abruptly removed Chairman Albert Manifold on Tuesday, citing "serious concerns" tied to governance, oversight and conduct issues, sending shares lo...

Business

Congressional Black Caucus pressures corporations to oppose GOP redistricting efforts

The Congressional Black Caucus is pressuring major corporations across the country to publicly oppose Republican-led congressional redistricting effor...

Business

Ferrari reveals first fully electric car with eye-popping price tag

Ferrari, the iconic Italian sports car brand, has unveiled its first fully electric vehicle, but the car is going to be out of most people's price ran...

Business

Hyundai recalls over 421,000 vehicles to fix software bug causing unexpected braking

A recall issued by Hyundai could impact more than 421,000 vehicles after the National Highway Traffic Safety Administration (NHTSA) discovered a softw...

Business

These 5 cities are seeing big home price cuts

The housing market remains hot in much of the country, with rising prices creating affordability concerns for would-be buyers – though some markets ar...

Business

Bernie Sanders warns of 'the most transformative economic revolution in the history of this country'

Sen. Bernie Sanders, I-Vt., warned Sunday that artificial intelligence (AI) and robotics could replace American workers and even damage children’s soc...

Business

Popular pet food brand halts production after FDA warns of possible dangerous contamination

A popular raw dog food brand is expanding a recall of dozens of products over fears they may be contaminated with Listeria monocytogenes, a potentiall...

Business

Chipotle rival Guzman y Gomez Mexican Kitchen closes all US restaurants

Guzman y Gomez Mexican Kitchen, an Australian-born Chipotle rival that once planned to open hundreds of U.S. locations, has abruptly closed all of its...

Business

Flight diverted after passenger reveals power bank charging in checked luggage

An international flight diverted to Rome this week after a passenger informed the crew that they had a power bank charging in their checked baggage, a...

Business

Whole Foods minestrone soup recalled in 17 states over possible life-threatening allergic reaction

Cups of minestrone soup sold at Whole Foods in 17 states and Washington, D.C. have been recalled over possible "undeclared shrimp" that could cause a...

Business

Hosting a Memorial Day cookout? Here's how much it could cost

Americans who are planning to grill this Memorial Day weekend are likely to see prices notably higher for a number of barbecue staples as persistent i...

Business

Kevin Warsh sworn in as Federal Reserve chair

Kevin Warsh was sworn in as the new chair of the Federal Reserve by Supreme Court Justice Clarence Thomas in a ceremony at the White House on Friday.T...