Business News

The Hustle Rundown: Amazon Skirts Federal Taxes…

The Hustle's Wes Schlagenhauf breaks down some of the biggest business news of the week. Here he explains why Amazon doesn't owe any federal taxes.

Bahrain conference: Peace critical for US plan…

Panelists at Bahrain conference on Trump's $50 billion economic plan for Palestinians say peace is critical

Australia media demand press freedom law reforms…

Australia's three largest media organizations have joined forces to demand legal reforms that would prevent journalists from risking prison for doing their job

FedEx Sues Trump Administration Over Export Bans

FedEx argues it can't police the contents of every package it ships.

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French govt slammed over pollution, slow climate…

French President Emmanuel Macron sees himself as a global climate crusader _ but even a watchdog he created says his government is lagging on its promises to the planet

Nomura Files Annual Report on Form 20-F

Big plastic user Japan fights waste ahead of G-20…

Japan, host of the Group of 20 Summit this weekend, hopes to lead the world in reducing plastic waste

Asian shares mostly lower as investors look to…

Asian shares are mostly lower as investors awaited developments on the trade friction between the U.S. and China at the Group of 20 meeting of major economies in Japan later in the week

Hong Kong protests raise alarm special freedoms…

China's promises to respect Hong Kong's freedoms absent in the communist-ruled mainland appear under threat as the hundreds of thousands who protested recently worry that Beijing's influence is expanding

FedEx loses $2 billion, warns of headwinds in…

FedEx says earnings in the year ahead will be hurt by slowing economic growth and a decision to drop a contract with Amazon

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Fox's Hannity, Carlson enjoy Trump rally ratings…

Fox News hosts Sean Hannity and Tucker Carlson enjoyed a ratings surge from last week's 2020 Trump campaign kickoff rally.

FedEx sues US government over export rules in…

FedEx is suing the U.S. government over export rules aimed to block technology shipments to some foreign companies including China's Huawei

Minnesota appeals court orders hearing on PolyMet…

A district court must determine if state environmental regulators improperly sought to suppress a federal agency's serious concerns about the pollution risks arising from a proposed copper-nickel mine in northern Minnesota

Deal lets luxury Montana ski club keeps its…

An ultra-exclusive Montana ski resort that counts Bill Gates and Justin Timberlake as members is paying the state $370,000 so it can keep its liquor licenses

APNewsBreak: Lawsuit claims Utah hotel exploited…

The luxury Grand America Hotel in Salt Lake City is accused in a lawsuit of luring workers from the Philippines to a program that promised training and cultural immersion but instead forced them to work long hours doing menial jobs for low pay

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PG&E's lenders offer billions, new name to…

Pacific Gas & Electric's key lenders have offered a $30 billion plan to pull the utility out of bankruptcy, give the tarnished company a new name

Illinois becomes 11th state to allow recreational…

Gov. J.B. Pritzker has signed legislation making Illinois the 11th state in the nation to legalize recreational marijuana and the second to enact It through the Legislature rather than the ballot box