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Federal Reserve Chairwoman Janet Yellen said a rate increase would be appropriate “probably in the coming months” if the economy and labor market continue to strengthen.
The U.S. economy’s first-quarter slowdown was less pronounced than initially thought, and recent data have pointed to a pickup for growth this spring.
After firing Valeant’s CEO, investor William Ackman has been defending the embattled drug company from outside critics.
Boeing Co. said that first deliveries of its KC-46 tankers to the U.S. Air Force will be delayed by five months.
Tech entrepreneur Peter Thiel’s financial backing of Hulk Hogan’s suit against Gawker is rekindling a debate about disclosing such arrangements.
A major U.S. government study on rats has found a link between cellphones and cancer, an explosive finding in the long-running debate about whether mobile phones cause health effects.
Verizon Communications and its labor unions have reached an agreement in principle that would end a weekslong labor strike.
The backer of a Silicon Valley autonomous car developer called Zoox said the secretive startup raised a fresh round of capital valuing it at more than $1 billion, roughly equal to a similar company General Motors Co. acquired earlier this month.
On Thursday oil prices rose above $50 a barrel, putting crude back within a range between $50 and $60 in which almost everybody benefits, economists and investors say.
Four major Hollywood studios are telling theater owners they will no longer participate in a movie-booking practice that has attracted lawsuits and attention from the Justice Department.
Americans are more confident than at any time in almost a year—with the consumer sentiment index rising to 94.7 this month from April’s 89.0—as cheap gasoline, low interest rates, and a rebound in stocks boost the economy’s prospects.
Car makers recalled millions of additional vehicles world-wide with faulty Takata air bags, further escalating an automotive safety crisis linked to at least 11 deaths and more than 100 injuries.
Billionaire investor Peter Thiel’s newly disclosed funding of a secret legal campaign against Gawker takes the entrepreneur’s zeal for shaking things up in a new and controversial direction.
De Beers named a new chief executive as the diamond giant steers through a rough patch of low prices caused by weaker demand for the precious gems.
The U.S. Food and Drug Administration approved a drug-emitting arm implant to treat addiction to heroin and other opioids, providing a new tool against an illness that has proved extraordinarily difficult to manage.
A federal jury ruled that Google’s use of Oracle Corp.’s Java software didn’t violate copyright law, the latest twist in a six-year legal battle between the two Silicon Valley titans.
Facebook Inc. and Microsoft Corp. have teamed up to build a new fiber optic cable under the Atlantic Ocean, the latest evidence that the biggest U.S. tech companies are seeking more control over the Internet’s plumbing.
Leaders of the Group of Seven leading industrialized nations talked Thursday about ways to stoke the global economy but appeared to disagree on the risks to growth and exactly how to respond.
A steering committee for Takata, the troubled Japanese air-bag maker, has interviewed several private-equity funds and companies, including U.S. investment fund KKR & Co., about a possible investment.
Viacom’s lead independent director wants a face-to-face meeting with Sumner Redstone, but the ailing mogul’s attorney so far hasn’t granted him access.