Alibaba's stock is surging as the Chinese e-commerce powerhouse begins its first day trading as a public company.
Yahoo is making amends for years of blundering with one smart move: an early investment in China's Alibaba Group that has turned into a multibillion-dollar boon.
A gauge designed to predict the economy's future health rose in August but at a much slower pace than in July.
General Motors will begin building a new, top-end Cadillac sedan late next year at its Detroit-Hamtramck assembly plant.
The maker of Pabst Blue Ribbon beer is being sold to Russian company Oasis Beverages for an undisclosed sum.
JetBlue Airways Corp. CEO Dave Barger will step down in February and be replaced by the company's president, ending months of speculation about leadership at the airline, which is profitable but has lagged its rivals.
Microsoft has announced it is making another round of layoffs at the company Thursday.
U.S. home construction plunged in August, led by steep decline in the volatile apartment category. But single-family house construction, a larger and more stable portion of the market, fell only modestly.
The number of people applying for U.S. unemployment benefits dropped by a sharp 36,000 last week to a seasonally adjusted 280,000, a sign that the job market is strengthening.
Average long-term U.S. mortgage rates surged this week, marking their largest one-week gain this year.
U.S. consumer prices edged down in August, the first monthly drop since the spring of 2013, as gasoline, airline tickets and clothing prices all fell. It was the latest evidence that inflation remains under control.
U.S. homebuilders' confidence in the market for new, single-family homes surged this month to the highest level in nearly nine years.
Growth in online shopping is boosting profit at FedEx, and the company plans to hire more than 50,000 extra workers to handle what is shaping up as another record year for holiday-season package deliveries.
Pizza Hut is testing out a lighter pizza in two U.S. markets as it seeks to freshen up its menu and regain its footing against competitors.
Sony expects its annual loss to swell to $2 billion and has canceled dividends for the first time in more than half a century after writing down the value of its troubled smartphone business.
UPS plans to hire up to 95,000 workers to help deliver packages during the busy holiday season — an increase from last year, when the company was caught unprepared for a boom in online shopping.
Early demand is so high for General Motors' new small pickup trucks that the company is hiring more workers to build them even before one is sold to the public.
Anheuser-Busch, one of the NFL's biggest sponsors, says it isn't happy with the recent controversy that has engulfed the league.
New York's attorney general has settled a false advertising investigation at Wal-Mart, saying some store personnel were citing a nonexistent "sugar tax" on soda.
A court in Germany has lifted an emergency injunction that banned the ridesharing service Uber from operating anywhere in the country.
U.S. manufacturing output declined in August for the first time in seven months, reflecting a sharp fall in production at auto plants that was due mainly to seasonal adjustment problems.
The death toll tied to faulty ignition switches in General Motors small cars has risen to 19, according to a compensation expert hired by the company. The number is likely to go higher.
When the Federal Reserve issues a policy statement after it meets this week, the financial world will be on high alert for two words: "Considerable time."
Olive Garden is defending its practice of giving customers as many breadsticks as they want, saying the policy conveys "Italian generosity."
A major international organization has cut its growth forecast for the countries that use the euro and says the troubled currency union needs even more stimulus from the central bank and governments.
The proposed auction date for the Revel Casino Hotel is too soon and a $3 million breakup fee that would go to a Florida developer if he's outbid for the recently shuttered site is inappropriate, a U.S. Bankruptcy Court trustee said.
Consumers who want to support local food and farms aren't limited anymore to buying locally produced veggies, meats and cheeses. They can make direct investments big or small into local food businesses through a national movement called Slow Money, which links investors with farmers and small food producers.
Major brand sponsors are watching closely to make sure the National Football League doesn't fumble the investigation into how its executives handled evidence in the Ray Rice domestic violence case.