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Boeing CEO David Calhoun is getting compensation valued at $33 million for last year, nearly all of it in stock awards. But the company said Friday that the CEO declined a bonus of nearly $3 million … more
California-based 99 Cents Only Stores says it will close all 371 of its outlets effective Friday. The shuttering ends the chain's 42-year run of selling an assortment of bargain-basement merchandise. … more
Procter & Gamble is recalling more than 8 million bags of Tide, Gain, Ace and Ariel laundry detergent packets sold in the U.S. and Canada. That's because there's a defect in the products’ … more
For three years, many Atlantic City casino workers have been trying to get their elected officials to ban smoking in the gambling halls, to no avail. Now they're taking their fight to court. The … more
A majority of workers at a Mercedes-Benz plant near Tuscaloosa, Alabama, are calling for a vote to join the United Auto Workers union, which is on a drive to sign up non-union plants across the … more
Italian police say that underpaid and exploited Chinese laborers working for an unauthorized subcontractor made handbags and accessories for the Giorgio Armani fashion house. They say there was a … more
Mortgage rates are expected to come down later this year, but any benefit to homebuyers could be muted by developments in the market for financial instruments tied to mortgages. Over the last couple … more
The U.S. Securities and Exchange Commission on Thursday said it would pause the implementation of its new climate disclosure rule while it defended the regulation in court. Wall Street’s top … more
The head of the Environmental Protection Agency on Friday defended a new $20 billion federal “green bank” program. EPA Administrator Michael Regan said it will finance projects to combat climate … more
Johnson & Johnson is pumping more money into heart care with a roughly $13 billion deal for Shockwave Medical, which specializes in technology that helps open clogged arteries. The health care giant … more
McDonald’s is buying its restaurants in Israel from a longtime franchisee, hoping to reset sales that have slumped due to boycotts in the region. The Chicago-based burger giant said Friday it will … more
Russia is renewing its strikes on Ukraine's energy system. Ukrainian officials, energy workers and analysts say Moscow is using more missiles and better intelligence to strike the electrical grid … more
As South Koreans prepare to vote for a new 300-member parliament next week, many are choosing their livelihoods and other domestic topics as their most important election issues. This represents a … more
The U.S. treasury secretary has started her trip to China with a morning meeting with American, European and Japanese business representatives in the world’s second-largest economy. Janet Yellen … more
The British government will grant extensions to several large U.K. airports unable to meet the June 1 deadline to fully install new scanning technology. The new scanners will allow passengers to take … more
A California-based vendor of election services is charging several Texas counties tens of thousands of dollars in additional fees. The requests from VOTEC have led the counties to discuss their … more
New York state lawyers are demanding more information on the bona fides of the $175 million bond that former President Donald Trump posted to block the imminent collection of a huge civil fraud … more
Donald Trump left the White House facing a cash crunch that threatened his business empire. But soon a new source stepped forward to provide a financial lifeline. Records show Axos Bank, as well as … more
Kiss agreed to sell their catalog, brand name and IP to Swedish company Pophouse in a deal estimated to be over $300 million. They’re the latest to participate in an ongoing trend of blockbuster … more
Federal officials are investigating whether a Southwest Airlines flight veered off course and flew over the air traffic control tower at LaGuardia Airport last month. The Federal Aviation … more
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