Business

Chevron received authorization last year from the US Treasury Department to revive oil output and expand operations in Venezuela as part of Washington’s efforts to encourage political dialogue towards a…

US stock indexes fell on Thursday after data pointing to a tight labor market sparked worries that the Federal Reserve will continue with its aggressive rate-hiking cycle that could potentially…

Chancellor Jeremy Hunt is poised to grant a £300m funding package for struggling British Steel, the BBC has been told. The move follows requests from Business Secretary Grant Shapps and…

Frozen custard and burger chain Culver’s is switching from Pepsi products to Coca-Cola – and Pepsi fans are not happy. “This is in progress and will take time as our…

Elon Musk has appeared in court to refute allegations that Tesla shareholders were defrauded out of billions of dollars by his tweets. The company’s chief executive wrote in 2018 that he had…

Amazon has been accused by federal safety regulators of failing to keep warehouse workers safe from workplace hazards at three US facilities, in the latest example of government officials scrutinizing the e-commerce giant’s…

The US has been in debt and arguing about it for its entire existence. The only two years in US history when there was no debt came as then-President Andrew Jackson was blowing…

Elon Musk and Tesla are set to go on trial over allegations that shareholders were defrauded out of billions of dollars by his tweets. The company’s chief executive wrote in 2018 that…

Microsoft is preparing to axe thousands of jobs in the latest move by one of the world’s biggest technology companies to reduce its workforce in the face of a slowing…