Traditionally fierce rivals, BMW and Daimler are teaming up to challenge a new wave of high-tech competitors, such as Uber and Alphabet's Waymo unit, by launching five mobility services joint ventures. » Read More
While international bookmakers have long allowed Americans to bet on the Oscars, this is the first time they can legally place bets domestically. » Read More
The 77-year-old billionaire is among more than two dozen people accused in a police sting as part of a human trafficking probe, authorities say. » Read More
Berkshire Hathaway is in advanced discussions to sell its Applied Underwriters workers compensation unit. Buffett's efforts to divest Applied Underwriters come as one of his biggest investments, Kraft Heinz, has soured.
Producers of the 20th Century Fox Television show "Empire" decided Friday to remove actor Jussie Smollett from the final two episodes of the latest season following the actor's arrest.
Kraft Heinz wrote down $15.4 billion in value on its Kraft and Oscar Mayer Brands in the fourth quarter. Wall Street analysts are doubting whether the company's cost-cutting strategy can work in today's competitive landscape.
The Skywalker saga may be coming to a close this year with the December release of "Star Wars: Episode IX," but that doesn't spell the end for the franchise's massive toy business.
The average fare for airline travel within the United States has hit the lowest level since the government started keeping track in 1995, after adjusting for inflation.
"[Rich Barton has] a huge track record" and his return to be the CEO "took the stock up," RBC's Mark Mahaney says. But the internet analyst is still skeptical.