Business News

Ex-Blue Bell Creameries CEO charged in deadly listeria case

Authorities say the former president of Blue Bell Creameries has been charged with wire fraud for allegedly trying to cover up a 2015 listeria outbreak linked to the company’s ice cream that killed three people in Kansas and sickened several others

German arrest order for Panama Papers lawyers faces hurdle

A German arrest order for two Panamanian lawyers whose firm was at the center of an international tax evasion scandal faces a substantial obstacle: Panama’s constitution prohibits the extradition of its citizens

California theme park closures hit jobs, shops…

California’s amusement parks have been pining to reopen for months, hoping to bring back thousands of workers sent home in March when the coronavirus pandemic forced them to close their gates

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Short-video app Quibi shutting down just months…

Short-video app Quibi is shutting down just six months after its April launch after struggling to find customers

CSX profit falls 14% but railroad announces $5B…

CSX’s third-quarter profit fell 14% but the railroad says it handled nearly as many shipments as last year, as volume recovered from the depths of the shutdowns earlier this year

Fiat Chrysler hires 4,100 Detroit residents for new plant

Fiat Chrysler has hired about 4,100 Detroit residents, and most if not all of them will be employed at a new auto plant on the city’s east side

Fed survey finds tepid growth as US economy…

A Federal Reserve survey of business conditions around the country has found that the U.S. economy grew at a “slight to modest” pace in September and early October

How major US stock indexes fared Wednesday

Stocks closed lower on Wall Street Wednesday as negotiations continue to drag on in Washington over delivering more aid for the economy

Tesla posts net profit for fifth straight quarter

Tesla charged through a summertime auto industry sales slump in the U.S. to post stronger-than-expected net earnings for the third quarter

Snap, WD-40 rise; Netflix, Casella fall

Stocks that moved heavily or traded substantially Wednesday: Snap, WD-40 rise; Netflix, Casella fall

Meet Amit Mehta, the judge for Google's antitrust…

The Justice Department’s antitrust lawsuit against Google has a judge: Obama appointee Amit Mehta, who was assigned the case Wednesday in federal court in Washington

Honda, Arizona reach $5 million settlement over air bags

Honda has agreed to a $5 million settlement with Arizona over allegations it failed to disclose defects in air bags that led to two deaths in the state

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Judge slams DeVos for rejecting 94% of loan…

A federal judge is demanding answers after the U.S. Education Department rejected 94% of claims for student loan forgiveness it had agreed to process after being sued over delays

Closing prices for crude oil, gold and other commodities

Closing prices for crude oil, gold and other commodities, and foreign exchange levels

Suit: Feds ignore risk of huge spills to…

Environmental groups have asked a federal court to toss out the Trump administration's assessment of how oil and gas activity could affect endangered species in the Gulf of Mexico

US officials: Iran sent emails intimidating…

U.S. officials say Iran is responsible for emails meant to intimidate American voters and sow unrest in multiple states, and Tehran and Moscow have also obtained voter registration with the goal of interfering in the election

Next up in hunt for COVID-19 vaccine: Testing…

The global hunt for a COVID-19 vaccine for kids is only just beginning — a lagging start that has some U.S. pediatricians worried they may not know if any shots work for young children in time for the next school year

Ireland focuses on Christmas as it enters new…

Ireland is already focused on Christmas

Nonprofit app aims to help unblock global air…

Could a secure health app help get international air travel out of the pandemic dumps

'Panicked' Sen. Ron Johnson touts Trump to Wisconsin leaders

A “panicked” Sen. Ron Johnson is urging members of the state chamber of commerce in battleground Wisconsin to vote for President Donald Trump

OxyContin maker Purdue Pharma to plead to 3…

The Justice Department says Purdue Pharma, the company that makes OxyContin, will plead guilty to three federal criminal charges as part of a settlement of more than $8 billion

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If Google's a monopoly, who is harmed by its…

Google has long defended itself against charges of monopoly by stressing that its products are free and that no one has to use them

JC Penney sees bankruptcy protection exit by…

JC Penney expects to emerge from bankruptcy protection before Christmas under a new ownership agreement that would save tens of thousands of jobs

After explosive growth at Square, Chase launches own version

After watching the explosive growth at electronic payment start-ups like Jack Dorsey’s Square, JPMorgan Chase has launched its own version to lure small business owners increasingly relying on technology during the pandemic