Breaking News: Business

U.S. law on domestic abuse should cover carmakers, FCC chair says

The chairwoman of the Federal Communications Commission on Wednesday will propose a potential new rule that would subject automakers that…

Warren Buffett says Berkshire may only do slightly better than the average company due to its sheer size

Berkshire Hathaway‘s Warren Buffett said his sprawling conglomerate may only slightly outperform the average American company due to its sheer…

Warren Buffett calls the late Charlie Munger ‘part older brother, part loving father’ in heartfelt tribute

Warren Buffett shared a heartfelt tribute to the late Charlie Munger, calling his business partner of 60 years the architect…

Walmart to buy TV maker Vizio for $2.3 billion in move to grow its ad business

Walmart has agreed to buy TV maker Vizio, the companies announced Tuesday, as the largest U.S. retailer grows its high-profit…

Shopping online at 2 a.m.? That’s a red flag for buy now, pay later lender Affirm

Americans shopping online after midnight often make riskier transactions and are more likely to default on their loans, according to…

Foremost Group CEO Angela Chao died after car went into Texas pond, sheriff says

Angela Chao, CEO of Foremost Group and the sister-in-law of Senate Minority Leader Mitch McConnell, died after her car went…

As London loses another listing, analysts are wary of writing off the UK capital

LONDON — TUI became the latest company to ditch its share listing in London, as shareholders voted overwhelmingly for the…

Hedge fund billionaire Bill Ackman to launch a NYSE-listed fund for regular investors

Pershing Square’s Bill Ackman is set to offer a new investment vehicle listed on the New York Stock Exchange, aiming to…

NYCB names new chairman after Moody’s downgrades bank’s credit rating to junk

New York Community Bank on Wednesday promoted its chairman to help stabilize the company’s operations, hours after Moody’s Investors Service downgraded the bank’s…