Breaking News: Business

After blockbuster Microsoft deal, gaming giants are still sitting on $45 billion cash hoard

Publicly listed gaming companies are sitting on a $45 billion pile of cash and cash equivalents — and that could…

Jim Jordan loses second House speaker vote, as GOP weighs dwindling options

Rep. Jim Jordan’s bid to become speaker of the U.S. House of Representatives failed Wednesday for the second time in…

Remittances to Mexico near a record but ‘super peso’ crimps spending power

People sending money back to Mexico this year have faced a new challenge: the “super peso.” The Mexican currency reached…

Jim Jordan loses first House speaker vote, will try again Wednesday

Rep. Jim Jordan’s bid to become speaker of the U.S. House of Representatives failed in a first vote Tuesday, raising…

Retail sales rose 0.7% in September, much stronger than estimate

Consumers showed surprising strength in September, boosting retail sales well above expectations despite high interest rates and worries over a…

Jim Jordan’s House Speaker bid gains momentum as Biden warns of ‘dangerous’ leadership vacuum in Congress

Rep. Jim Jordan of Ohio rallied fresh support Monday for his bid to become the next speaker of the House…

Pfizer slashes full-year earnings and revenue guidance as Covid treatment, vaccine sales slump

Pfizer on Friday slashed its full-year earnings and revenue guidance and launched a $3.5 billion cost-cutting plan due to waning…

Rep. Jim Jordan nominated for House speaker, but falls short of total votes needed

House Republicans on Friday nominated Rep. Jim Jordan of Ohio as their new nominee for speaker of the House of…

Biden praises Kaiser Permanente labor agreement after worker strike: ‘Collective bargaining works’

More than 85,000 health workers reached a tentative labor agreement with Kaiser Permanente on Friday that will avoid more strikes…