Tag Archives: business

WASHINGTON - Automaker Daimler AG and subsidiary Mercedes-Benz USA have agreed to pay $1.5 billion to the U.S. government and California state regulators to resolve emissions cheating allegations, off...

LONDON - Oxford University announced Saturday it was resuming a trial for a coronavirus vaccine it is developing with pharmaceutical company AstraZeneca, a move that comes days after the study was sus...

NEW YORK - No celebs packing the front rows. No paparazzi chasing models down the streets. No stiletto-heeled crowds. No crowds at all, actually. Is there even a point to doing New York Fashion Week i...

NEW YORK - It's high season for books that pick apart Donald Trump's presidency, and Rachel Maddow is a big beneficiary. MSNBC's prime-time personality reached the second-biggest audience of her caree...

WASHINGTON - Senate Democrats scuttled a scaled-back GOP coronavirus rescue package on Thursday as the parties argued to a standstill over the size and scope of the aid, likely ending hopes for corona...

TORONTO - With many businesses continuing to operate at limited capacity, Toronto Mayor John Tory on Thursday called on upper levels of government to provide additional economic support for Canada's d...

FRANKFURT - European Central Bank head Christine Lagarde said the bank would "likely" use all of the 1.35 trillion euros ($1.6 trillion) in planned stimulus to support the economy through the pandemic...

NEW YORK - Mall owners Simon Property Group and Brookfield Property Partners are close to a deal to buy department store chain J.C. Penney out of bankruptcy and keep the chain running. Penney's lawyer...

WASHINGTON - U.S. consumer borrowing rose by a solid 3.6% in July, the second monthly gain after the coronavrius pandemic had sent borrowing down sharply in the previous three months. The Federal Rese...

OTTAWA - An underused program to give hard-hit small businesses a break on their rent is getting one more month of service, but without any of the changes critics say are needed to prevent stores...