Business News

California agency, gas tax backers worked closely…

AP Exclusive: Emails show California's transportation agency coordinated with gas tax supporters as the political effort to repeal the law intensified

Lyft Taps J.P. Morgan to Lead Its IPO

It’s expected to go public in early 2019.

Stocks surge, recovering some recent losses; Dow…

US stocks make their second-biggest gain this year as strong earnings and economic data help the market claw back some of its recent losses

Racecar driver Julia Landauer details being a…

Racecar driver Julia Landauer details being a woman in NASCAR

U.S. Judge Approves SEC Settlement With Tesla

According to Reuters, a U.S. judge on Tuesday approved a settlement between a federal regulator, Tesla, and its chief executive officer, Elon Musk, over his tweets promising to take the company private. Under an agreement with the SEC, Musk has agreed to pay a $20 million fine and step aside as Tesla’s chairman for three years to settle charges that could have forced his exit from Tesla. The company will also pay a $20 million fine, despite not being charged with fraud.

Volkswagen Fined $926 Million by German Courts…

Adding to the billions it’s already paid.

Global stocks rise amid strong earnings reports

World markets are mostly higher after strong earnings reports in the United States.

Lululemon Founder Chip Wilson: The company 'needs…

Little black stretch pants - not just the workout uniform of women everywhere. It's Chip Wilson's new book. He's the founder and former CEO of Lululemon, the $20 billion athletic brand.

Volkswagen Hit With $926 Million Fine Over Audi…

Volkswagen is once again counting the cost of cheating on diesel engine emissions tests. The German carmaker said Tuesday that it had been hit with a new fine relating to failings at its Audi subsidiary. Munich prosecutors on Tuesday imposed a fine of $926 million on Audi. Taking the total cost to the Volkswagen Group globally to $32.7 billion. That is equivalent to 12% of Volkswagen's annual sales last year.

Mayor Bottoms names Atlanta's first chief housing officer

Business sales have healthy gain, prices up over 11 percent

Sales of small businesses had a healthy gain in the third quarter

Microsoft Co-Founder Paul Allen Has Died

He was 65 years old.

Asian shares up on hopes that US, China will…

Asian shares up on hopes that US, China will resolve trade dispute

Netflix soars on subscriber numbers

Netflix reported user growth that exceeded Wall Street expectations, underscoring a recovery for the online streamer following a rare miss in new user additions last quarter.

Steven Mnuchin Was On The Sears Board

Business Insider reports that Steven Mnuchin, Secretary of the Treasury, was a member of the Sears board. In fact, he was on the board for the time that President Donald Trump said it was "improperly run." Sears filed for Chapter 11 bankruptcy on Monday. Trump said: "Sears has been dying for many years." Mnuchin was a member of Sears' board from 2005 to 2016. He was previously a member of Kmart's board before it was bought by Sears.

Walmart Set to Pay $65 Million Over Making…

Walmart might have to pay $65 million dollars to California cashiers in a class action lawsuit over not providing seating for cashiers.