National & World Business
Stay current with national and world business news. Highlighting major market trends, corporate developments, and economic shifts shaping industries across the U.S.
PayPal's online checkout empire is under siege as rivals squeeze its core business
PayPal, a pioneer in online payments, is facing significant challenges nearly three decades after its inception. T…
Sysco expands into high-margin restaurant segment with $29 billion deal
Sysco serves more than 700,000 restaurants, hospitals, schools and hotels, supplying them with everything from butter and eggs to napkins.
War in Iran sparks a global fertilizer shortage and threatens food prices
Rising natural gas prices are also driving up costs just as planting in the Northern Hemisphere begins.
Dow soars 1,000 points and oil prices fall sharply on hopes for an end to the Iran war
Relief is ripping through financial markets after President Donald Trump said the United States has talked with Iran about a possible end to their war.
DoorDash offers added payments to US and Canadian drivers as gas prices soar
DoorDash is offering extra compensation to U.S. and Canadian drivers as part of a temporary program to help offset rising gas prices.
Falling oil prices send Wall Street toward its best day since the Iran war began
Oil prices are down, and stocks are up, though such moves have been quick to reverse since the war in Iran began.
3,800 workers are on strike at one of the largest meatpacking plants in the US
The walkout at the Swift Beef Co. plant in Greeley began Monday after the union said 99% of the workers voted to authorize the strike, seeking higher wages and…
Dow drops as stocks sell off around the world and oil prices leap even higher on war worries
A sell-off for stocks wrapped around the world and is slamming into Wall Street, as oil prices leap even higher on worries that the widening war with Iran may …
Federal court rejects Trump administration attempt to slow tariff refund process
A federal court on Monday rejected the Trump administration's attempt to slow the process of refunding billions of dollars' worth of tariffs the Supreme Court …
Retail operator of outdoor sportswear pioneer Eddie Bauer files for bankruptcy
The operator of roughly 180 Eddie Bauer stores across the U.S. and Canada has filed for Chapter 11 bankruptcy protection, blaming declining sales and a litany …
Retail operator of outdoor sportswear pioneer Eddie Bauer files for bankruptcy
The operator of roughly 180 Eddie Bauer stores across the U.S. and Canada has filed for Chapter 11 bankruptcy protection, blaming declining sales and a litany …
Kroger names former Walmart executive as its new CEO
Kroger named former Walmart executive Greg Foran as its chief executive officer on Monday. Foran joins Kroger 11 months after its previous CEO Rodney McMullen …
Wealthy ramp up spending while other Americans tread water, new study finds
Higher-income Americans and those with college degrees have ramped up their spending more quickly in the past three years than lower-income households and thos…
Wall Street drifts in mixed trading as gold and silver prices bounce back
The U.S. stock market is drifting through mixed trading, while gold and silver bounce back from their latest sell-off. The S&P 500 slipped 0.3%, even though th…
Taiwan hails its ‘best’ trade deal with US, as China protests
Taiwan's premier has hailed a new trade deal with the United States as the "best tariff deal" enjoyed by countries with trade surpluses with Washington, while …
Chinese EVs are making inroads in North America. That worries industry experts
China's rapid development of electric vehicles had competitors concerned even before Canada this week agreed to cut its tariffs on EVs in exchange for concessi…