Germany eclipses Japan as world's third-largest economy
An unexpected recession in Japan last year cost the nation its title as the world's third-largest economy, with Germany taking its place.
Airbus announces special dividend, extending lead over Boeing
Airbus has announced a special dividend following positive 2023 results, despite a $215 million charge at its Space business, according to company officials.
Build-A-Bear and Warren Buffett's 'Squishmallows' maker square off in court
Build-A-Bear and Jazwares, the Berkshire-Hathaway-owned company that makes popular "Squishmallows," sued each other on Monday. Jazwares claims Build-A-Bear ripped off its designs.
Expedia shares sink after 2024 revenue warning on softening air fares
Expedia shares closed down 18% on Friday, their biggest single-day drop in nearly four years, after the online travel firm said it expected 2024 revenue growth rates to moderate.
NY AG expands crypto fraud lawsuit linked to Winkelvoss twins to $3 billion
New York's attorney general on Friday expanded her lawsuit against crypto firms Gemini, Genesis and parent company, DCG
Arm CEO talks growth as stock rallies on AI-fueled demand
Arm CEO Rene Haas joined FOX Business' "The Claman Countdown" Thursday as the chip design firm's stock saw its biggest day ever after beating Wall Street earnings estimates.
Disney tops earnings forecast, shares soar in extended trading
Walt Disney handily beat Wall Street's earnings expectations on Wednesday, lifted by record results at its theme parks and continued cost-cutting efforts.
Toyota investing $1.3 billion in red state to build all-electric SUV
Toyota announced Tuesday it is pouring $1.3 billion into its flagship Georgetown, Kentucky, plant to begin production of a new, all-electric three-row SUV.
H&M CEO quits as fashion group fails to keep up with rivals
H&M unexpectedly announced a change of leadership on Wednesday, with CEO Helena Helmersson stepping down as the fashion retailer's performance continues to lag rivals.
Boeing CEO says company has 'much to prove'
Boeing chief executive Dave Calhoun told employees in a message Wednesday the company has "much to prove" to earn back trust after the door blew off one of its planes midflight.
Billionaire investing magnate Joe Lewis pleads guilty to insider trading
British billionaire and Tottenham Hotspur owner Joe Lewis pleaded guilty to insider trading charges. He passed inside information to several associates, including two private pilots.
DHL CEO says Red Sea disruption could lead to shipping container shortage
DHL CEO Tobias Meyer said in Davos Wednesday the disruptions to global shipping caused by Houthi rebel attacks in the Red Sea could soon result in a shipping container shortage in Asia.
Grubhub settles Massachusetts' lawsuit over pandemic-era fees for $3.5 mln
Grubhub has agreed to pay more than $3.5 million to resolve a lawsuit by Massachusetts accusing the company of illegally charging restaurants excessive fees during the COVID-19 pandemic.
Microsoft briefly overtakes Apple as world's most valuable company
Microsoft on Thursday briefly overtook Apple as the world's most valuable company after the iPhone maker's shares made a weak start to the year on growing concerns over demand.
US sees successful launch of Vulcan rocket, paving the way for first moon landing by private company
United Launch Alliance launched its Vulcan rocket in Cape Canaveral, Florida, on Monday in a mission that includes the first U.S. moon landing attempt in over 50 years.
SpaceX illegally fired workers critical of Elon Musk, US labor agency says
SpaceX on Wednesday was accused by a U.S. labor agency of unlawfully firing eight employees for circulating a letter calling founder and CEO Elon Musk a "distraction and embarrassment."
Sam Bankman-Fried will not face a second trial, U.S. prosecutors decide
Prosecutors have decided that the public interest in speedy resolution of Sam Bankman-Fried's criminal proceedings outweighs the benefits of putting the disgraced crytpo mogul through a second trial.
Judge certifies Johnson & Johnson shareholder class action over talc disclosures
A federal judge said Johnson & Johnson shareholders may pursue as a class action their lawsuit accusing the company of concealing how its talc products were contaminated by asbestos.
Ex-FBI official gets 4 years for working with Russian oligarch dubbed Putin 'henchman'
Charles McGonigal has been sentenced to four years in prison after pleading guilty to working for sanctioned Russian oligarch Oleg Deripaska.
Pfizer shares sink after it resets 2024 COVID expectations
Pfizer, Inc. on Wednesday forecast 2024 sales that could be as much as $5 billion below Wall Street expectations, driving shares down 9% to a 10-year low.