Anheuser-Busch InBev is acquiring Hiball, a San Francisco-based company making organic energy drinks and carbonated juices and water.
Microsoft continued its rebirth as a force in cloud-computing, posting stronger-than-expected gains in its business of selling web-based services to corporate customers.
Workers assembling General Motors Co.’s Tesla fighter are taking a month off this summer amid lukewarm demand, a sign American car buyers are showing little interest in vehicles that rely solely on battery power to get from Point A to B.
The U.S. Treasury Department imposed a $2 million fine on Exxon Mobil Corp. for violating sanctions on Russia while Secretary of State Rex Tillerson was the oil giant’s chief executive.
The U.S. Treasury Department levied the fine on the oil giant.
Tillerson was CEO when Exxon signed documents with Russian Igor Sechin, who had been blacklisted.
By: ALAN RAPPEPORT
While Rex W. Tillerson, now the U.S. secretary of state, led the energy giant, “Exxon Mobil demonstrated reckless disregard for U.S. sanctions requirements,” the Treasury Department said.
The Treasury Department says it is slapping Exxon Mobil Corp. with a $2 million fine for violating Russia sanctions while Secretary of State Rex Tillerson was the oil company's CEO
Known for his teasing tweets and ever-expanding list of high-tech ambitions, Elon Musk set observers abuzz again with a vague claim he received “verbal” approval for a high-speed, tunnel-based travel system along one of the busiest corridors in...
By: Sean O'Kane
The verbal approval that entrepreneur Elon Musk said he received from the government to build an underground hyperloop from New York to Washington, DC apparently came from the White House, an administration spokesman has told Bloomberg. The official ...
By: Megan Geuss
Enlarge (credit: The Boring Company) Elon Musk has been talking about The Boring Company, his tunnel-digging endeavor, for months now. Today, he tweeted: “Just received verbal govt approval for The Boring Company to build an underground...
By: Eric Mack
Commentary: The Tesla and Boring Company founder says the government gave its blessing for an east coast Hyperloop. He just somehow failed to get it in writing.
“We have had promising conversations," the White House says of the project.
By: Aric Jenkins
"This is the first we've heard of it"
By: Kirsten Korosec
It's going to need a lot more agencies on board.
Earlier today, we reported that Elon Musk and The Boring Company had reportedly been given verbal government approval to build a Hyperloop that would connect New York, Philadelphia, Baltimore and Washington DC, according to a tweet posted by Musk.
The International Monetary Fund provides public access to board-meeting minutes only up to 2010, even though its guidelines require that such information should be available for more-recent deliberations.
The theme-park retreat by billionaire Wang Jianlin’s Dalian Wanda Group reflects the challenge of rising to show-business superpower. China has yet to field companies with the talent to compete with Hollywood’s movie and TV studios, which have...
Beijing’s internet censors are now targeting American and other foreign TV shows that are popular with young Chinese as it tries reinsert Communist ideology into public life.
Unilever reported a sharp rise in first-half profit and forecast better-than-expected margins for the full year, making good for now on its promise to improve its performance after fending off a $143 billion takeover approach from Kraft Heinz.
Chipotle Mexican Grill reopened the location it temporarily closed this week in Sterling, Va. after learning of a small number of customers who complained of getting sick after eating there.
The Trump administration has tapped a veteran trade official involved in the original North American Free Trade Agreement to lead new talks with Canada and Mexico on an overhaul of the agreement starting next month.
Solicitations for a mushrooming number of attorney awards and rankings are inundating law firms, and consultants have popped up to guide firms through the submissions process.
Sears will start selling its Kenmore refrigerators and stoves on Amazon.com, marking the first distribution of its kitchen appliances outside of its own stores.
By: Brian Heater
It’s hard to see this move as anything but a temporary reprieve for the once-mighty Sears brand. The mall mainstay has fallen on hard times in recent decades as online retail has taken over — and now, the company is signing on with ...
Twitter said it has clamped down on harassment on its service, a campaign that is forcing the company to confront tricky questions about how it applies its standards.
Earlier this week, journalists asked Twitter's VP of Trust and Safety, Del Harvey, whether the company could really treat President Trump's Twitter account the same way it does everyone else's. After first saying that she...
PepsiCo’s longtime leader Indra Nooyi is promoting one of her lieutenants to serve as the company’s president, filling a No. 2 role that has been vacant for nearly three years and shuffling around her potential successors.
BP has approached potential buyers of its oil-and-gas production assets in the North Sea, people familiar with the matter said.
House Republicans took the first step Wednesday toward a plan to overhaul the U.S. tax code as considered a federal budget resolution they must pass to advance a tax bill without any Democratic support
The Fed is likely to stand pat on policy when it concludes a policy meeting next week, but it faces a debate about the future path of interest-rate increases because of a deepening puzzle over inflation.
The European Central Bank left its key interest rates unchanged and retained a passage in its opening statement that reiterates its readiness to bolster its bond-buying program should economic conditions worsen.
For the first time in years, pay for lowest-income Americans is rising faster than for other groups. Weekly pay for earners at the lowest 10th percentile of the wage scale rose at a faster rate last quarter, from a year earlier, than any other group.
The Swedish car maker, owned by China’s Geely, says it is on course for record sales in 2017 after logging a 23% net-profit gain in the latest quarter, buoyed by growth in Asia.
Charter carrier Dynamic International Airways LLC, which offers charter flights to regional cities in China, filed for bankruptcy protection Wednesday to stabilize its business.
Jana Partners, the activist hedge fund whose push to shake-up Whole Foods Market helped prompt Amazon.com to buy the natural grocer, has sold its stake in the company.
The nation’s hospitals are lobbying to keep lucrative pharmaceutical subsidies that Medicare pays certain facilities for drugs they buy and administer to patients.
T-Mobile US Inc. continued to grow in the second quarter and raised projections for the year, saying that it still expects to capture all of the growth in the market’s most desirable customer group.
Qualcomm Inc. on Wednesday said profit fell 40% in its latest quarter, the first in years that didn’t include patent royalties on devices from Apple Inc.
Across New England, classic rural general stores are on the decline amid new competition, especially from online shopping and chain dollar stores. But some are finding ways to fight back.
CSX Corp. is telling some shippers to brace for growing pains, including additional days of transit times, as the railway implements Chief Executive Hunter Harrison’s plan to tighten schedules.
Univision has been fielding interest from potential bidders after the media company’s initial public offering was delayed.
Nearly half of the 75 biggest initial public offerings of the last three years involved companies that lacked female directors when they went public, a new analysis found.
Upside Travel, a new company from Priceline’s founder, bets you’ll book their flight and hotel packages if there’s a form of cash in it for you.
Samsung’s plan to conquer Siri, Alexa and Google Assistant moves talking AIs in an ambitious new direction. Too bad Bixby under-delivers in its debut in the Galaxy S8, writes Geoffrey A. Fowler.
The Trump administration launched its first economic talks with China amid signs that new difficulties were emerging in the friendly dialogue the two governments have been holding over the past three months.
The Senate’s labor committee approved two Republicans whom President Donald Trump nominated for vacant spots on the National Labor Relations Board on a party-line vote Wednesday.
Republicans, after a six-month effort to rewrite health-care law that appears to be ending in defeat, are hoping tax policy can deliver them a landmark victory but acknowledge it won’t be quick or easy.
After a string of delays, the English-language version of Samsung’s virtual assistant Bixby has launched in the U.S., presenting a new rival to Apple’s Siri.
The tech titan has named Isabel Ge Mahe to a newly created executive role to oversee operations in a market where the iPhone maker faces increasingly fierce competition and regulatory challenges.
Dutch paint giant Akzo Nobel said its chief executive has resigned for health reasons, though the unexpected move won’t slow its plan to spin off its chemicals business to appease shareholders.
GE’s quarterly results, due Friday, will give the company’s incoming boss a taste of what he is up against: concerns about long-term profit goals and generating cash in the short term.
The U.S. retail industry’s 16 million workers are at risk of seeing their jobs replaced by automation as large chains, under pressure from Amazon, increasingly use technology to do rote tasks.
The European Union’s top court is set to decide whether the bloc’s “right to be forgotten” stretches beyond Europe’s borders, a test of how far national laws can—or should—stretch when regulating cyberspace.
When European Central Bank chief Mario Draghi faces the media on Thursday after the bank’s latest policy meeting, he is expected to let stand his earlier hint at a possible reduction of the ECB’s giant bond-buying program.
The eurozone’s housing market cooled in the first three months of the year, as declines in German prices eased worries that a long period of very low interest rates risked fueling a bubble.
Chinese officials emphasized their ability to quell trade tensions with President Trump while some U.S. business groups expressed concern their government might end up going too easy on Beijing.