Business News

OPEC, allies says production cuts ahead of schedule

OPEC and key non-OPEC oil producers seeking to push up the price of crude by cutting production say participants appear to be exceeding pledges to reduce output

Shyamalan's 'Split' divides competition to rule…

M. Night Shyamalan's psychological thriller "Split" blew away box-office expectations, earning an estimated $40.2 million in ticket sales over inauguration weekend

Does The Stock Jump Before Trump's Inauguration…

The Dow climbed about 100 points at one point as investors around the world waited for the 45th president of the United States to be sworn in.

Samsung: Note 7 battery design, manufacturing caused fires

Samsung Electronics Co. says problems with the design and manufacturing of batteries in its Galaxy Note 7 smartphones caused them to overheat and burst into fire

UK's May to discuss trade, NATO in White House…

British Prime Minister Theresa May says she will discuss free trade and the importance of the NATO alliance when she meets President Donald Trump in Washington Friday

How Trump's executive order impacts future of…

President Donald Trump's executive order targeting the sweeping "Obamacare" health care law gives federal agencies broad leeway to chip away at the measure

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Sierra Nevada brewery issues 36-state recall of select beers

Sierra Nevada Brewing Co. has announced a recall of certain 12-ounce bottles of its pale ales, IPA's and other beers after detecting a packaging flaw that could cause a piece of glass to break off into the bottle

Many farmers still need training after Lake Erie…

Ohio's agriculture leaders say thousands of farmers have gone through training that soon will be required to put commercial fertilizer on their fields

Chinese express doubts about US relations under Trump

Citizens of China's capital Beijing are expressing doubts about U.S. President Donald Trump's ability to steer the U.S. economy and manage China-American relations

Company hopes to build pot-friendly RV park in Oregon

An Oregon company wants to build a pot-friendly RV park

Report: 'Net neutrality' foe Ajit Pai is new FCC head

President Donald Trump has reportedly picked a fierce critic of the Obama-era "net neutrality" rules as the head of the Federal Communications Commission, which regulates the nation's airwaves and internet connections

Hawaii bill compels mediation for Zuckerberg-type…

A Hawaii lawmaker plans to introduce legislation to force Facebook CEO Mark Zuckerberg into mediation before he is allowed to buy real estate on Kauai island

FACT CHECK: Trump starts on familiar note: with…

With his inaugural address, Donald Trump has begun his presidency with characteristic hyperbole

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US stock indexes move higher in early trading…

U.S. stocks are moving broadly higher in early trading ahead of the inauguration of President-elect Donald Trump

Apple depicts Qualcomm as a shady monopolist in $1B lawsuit

Apple is suing mobile chip maker Qualcomm for $1 billion in a patent fight pitting the iPhone maker against one of its major suppliers

New Mexico targets Takata, auto makers over faulty air bags

New Mexico has announced a lawsuit against Japanese manufacturer Takata and a long list of auto makers in connection with the sale of cars with dangerous air bag inflators

'Dance Moms' star's 2-day sentencing hearing set…

"Dance Moms" reality TV star Abby Lee Miller is scheduled to appear in federal court in Pittsburgh on Friday for the start of her sentencing hearing in her bankruptcy fraud case

Ford expects $2B net income drop due to pension assets

Ford Motor Co. says a change in the way it values pension assets will cut 2016 full-year net income by $2 billion

Ex-road safety chief worries agency won't be…

The outgoing head of the government agency charged with keeping highways safe is worried that auto safety won't be a priority for the Trump administration

Britain's Hammond: Trump creates new uncertainty…

Britain's treasury chief says Donald Trump's election as U.S. president is likely to create even more uncertainty for Europe than his country's departure from the EU

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In time of troubles, Davos organizers send in the…

A Lebanese-born, curly-haired artist in baggy green trousers and with a frequent raspy laugh made her debut this week at the World Economic Forum in Davos

Chinese sportswear brand makes inroads in tennis…

Svetlana Kuznetsova has a different look than most tennis players