Michigan Suspends Workers In Connection With Water Crisis
The governor has also restored some powers to the mayor of Flint, who was elected last year with the city in receivership.
Former House Speaker Hastert Seeks Sentencing Delay Due To Poor Health
The 74-year-old, who pleaded guilty last year to a federal charge of evading bank reporting rules, cited health problems.
Google To Pay $185M In Back Taxes In Britain, Report Says
The agreement comes after an audit looking into whether Google sidestepped taxes for over a decade by allocating profits to Ireland.
American International Group (AIG) To Pursue Spin-Off Of Mortgage Insurance Unit
The mortgage insurance business had revenue of $791 million in the first nine months of 2015.
Takata Air Bag Recall: 5M More Vehicles To Need Replacement Parts: Report
The move was prompted in part by the death of a driver of a Ford pickup truck — not a Honda — last month.
US Existing Home Sales Surged Record 14.7 Percent In December
A record 14.7 percent gain, helped by warm weather, shows the housing market recovery remains intact despite signs of economic weakness.
General Electric (GE) Earnings: Profit Rises, But Industrial Results Hit By Tumbling Oil
The results show the impact of falling energy prices on the company's large oil and gas business.
India, France Haggle Over $9 Billion Warplane Deal In Run-Up To Hollande Visit
The fighter jet deal is part of a $150-billion military modernization drive India has launched.
Twelve Marines Declared Dead After Helicopter Crash Off Hawaii
The Coast Guard had called off the search for the missing Marines Tuesday after five days.
AmEx Shares Fall As 2016 Earnings Outlook Disappoints
American Express shares fell Thursday over a disappointing earnings outlook for the company.
$5.5B Bailout Plan Expected Soon For Japan’s Sharp
A Japanese state-backed fund and Sharp’s lenders are likely to agree on a new rescue plan by next weekend, sources said.
Wal-Mart Employees’ Strikes Were Lawful, NLRB Rules
A National Labor Relations Board judge also said Thursday that the retailer must reinstate 16 dismissed workers.
Boeing To Halve 747-8 Production As Demand Slows
The four-engine jet is now mostly a cargo workhorse, eclipsed by more fuel-efficient twin-engine jets for passengers.
Ruling On US Emissions Plan A Win For Obama
The president's Clean Power Plan aims to lower carbon emissions from power plants by 2030 to 32 percent below 2005 levels.
Israel Plans To Seize West Bank Land; Demolishes EU Structures
U.N. Secretary General Ban Ki-moon denounced the move and Palestinian officials said they would push for a U.N. resolution against it.
Honda To Offer New Fuel Cell Vehicle In California In 2016
The automaker said the next-generation Honda Clarity Fuel Cell will cost around $60,000, with a targeted monthly lease under $500.
Verizon Adds 1.5M Monthly Users; Revenue Beats Estimates
Like its rivals, Verizon has switched from offering customers two-year contracts to monthly installment plans that have lower service fees.
Yahoo To Decide Strategy After Quarterly Earnings, Sources Say
The company wants to gauge shareholder reaction after presenting its strategic vision during an earnings conference call, a source said.
Starbucks Corporation (SBUX) Q1 2016 Earnings: Profit Forecast Misses Estimates, Sending Shares Lower
The coffee chain reported lower-than-expected sales growth at established cafes in its Asia-Pacific division.
Video: Concern Over Global Slowdown And Markets Among Davos Participants
Participants at the World Economic Forum in Switzerland painted a bleak picture of the current state of the global economy on Thursday.
Swiss Watchmakers, Time To Change?
High-end watchmakers have signaled a shift in strategy with an expanded range of more affordable products to counter a severe downturn. As Hayley Platt reports, the industry is having to adapt to a market with fewer Russian, Middle Eastern and Chinese buyers.
Video: U.S. Eastern States Brace For 'Monster Storm'
A major storm is expected to blast snow across U.S. Eastern states starting Friday with meteorologists predicting blizzards and white-out conditions. Jillian Kitchener reports.
ECB’s Mario Draghi Hints That More Stimulus Is On The Way
Plunging oil prices and turmoil in global markets is pushing the European Central Bank to review its monetary policy stance in March, ECB chief Mario Draghi said.
Belgium Detains Two Suspects In Paris Attacks Probe
The men were arrested during two house searches in the Brussels district of Molenbeek.
US Offers Turkey Technology To Block Islamic State At Syria Border
Washington and Ankara have been discussing for months how to seal the last piece of unsecured border.
China Busts Child Trafficking Ring, Recovers 15 Infants: Report
Police rescued 15 infants from the ring, which had been selling children from the country’s remote southeast for as little as about $3,000.
Political Fallout Spreads From Flint, Michigan, Water Crisis
Gov. Rick Snyder released 274 pages of Flint-related emails from 2014 and 2015 Wednesday, including staff memos and planning notes.
US Attorney General Seeks Funds For Expanded Gun Checks
Citing a national "epidemic of gun violence," Attorney General Loretta Lynch made her pitch Wednesday to a Senate appropriations panel.
Five Charged In US With Stealing Secrets From GlaxoSmithKline
The suspects established corporations in China to sell stolen data that could be used to reproduce Glaxo products, authorities said.
South Korea To Boost Economic Ties With Iran After Lifting Of Sanctions
Word on the agreement followed the lifting of sanctions against the Islamic nation earlier this week.