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Business Breaking


Now with power to long rule China, Xi beset by challenges

Chinese President and ruling Communist Party leader Xi Jinping is beset by economic, foreign policy and domestic political challenges just months after clearing his way to rule for as long as he wants as China’s most dominant leader since Mao Zedong. Read More

Google tracks your movements, like it or not

Google wants to know where you go so badly that it records your movements even when you explicitly tell it not to. Read More

Trump’s Harley boycott call roils Wisconsin primary

President Donald Trump’s call for a boycott of Harley-Davidson motorcycles forced Gov. Scott Walker and other Republicans to either criticize the president or stick with the Milwaukee-based company just ahead of Tuesday’s primary where Trump allegiance has been a central focus. Read More

Musk says he’s talking with Saudi fund to take Tesla private

Saudi Arabia’s sovereign wealth fund would be the main source of money for Tesla CEO Elon Musk’s grand plan to take the company private, but the deal isn’t done yet, Musk disclosed in a blog today. Read More

Jury awards $289M to man who blames Monsanto’s Roundup for cancer

A jury’s $289 million award to a former school groundskeeper who said Monsanto’s Roundup left him dying of cancer will bolster thousands of pending cases. Read More

5th lawsuit filed against EPA over 2015 mine waste spill

A fifth lawsuit has been filed against the U.S. Environmental Protection Agency over a mine waste spill the agency inadvertently triggered in 2015, polluting rivers in Colorado, New Mexico and Utah. Read More

Hog nuisance trials get new judge after 3 industry losses

The federal judge who’s managing a series of North Carolina lawsuits accusing the world’s largest pork company of creating nuisances for rural neighbors is being temporarily replaced. Read More

Tesla CEO’s buyout bid raises eyebrows, legal concerns

Tesla CEO Elon Musk is seeking relief from the pressures of running a publicly held company with a $72 billion buyout of the electric car maker, but he may be acquiring new headaches with his peculiar handling of the proposed deal. Read More

Nevada pimp, political candidate Dennis Hof loses brothel license

Officials have yanked a brothel license from Nevada’s most famous legal pimp, who has fashioned himself as a Donald Trump-style candidate for a state legislative seat and faced increasing anti-prostitution sentiment. Read More

NYC moves to rein in Uber with cap on ride-hail vehicles

New York City moved today to regulate the explosive growth of Uber and other app-based ride services with a temporary cap on new licenses for ride-hailing services. Read More

Disney says its new streaming service won’t rival Netflix

Disney’s upcoming streaming service won’t try to compete directly with Netflix and Amazon, but will focus instead on quality — namely original programs from Disney’s “Star Wars,” Pixar and Marvel brands. Read More

13 years after Katrina, Dixie Beer returning to New Orleans

A warehouse in eastern New Orleans will be the new home of Dixie Beer, a nostalgia-evoking New Orleans brand that has been brewed out of state in the nearly 13 years since Hurricane Katrina laid waste to its landmark brewery near the city’s business district. Read More

Testing finds flaws with electronic car safety systems

Cars and trucks with electronic driver assist systems may not see stopped vehicles and could even steer you into a crash if you’re not paying attention, an insurance industry group warns. Read More

Major tech companies ban Alex Jones for hate and bullying

Major tech companies have begun to ban right-wing conspiracy theorist Alex Jones from their services, reflecting a more aggressive enforcement of policies against hate speech following protests on social media. Read More

Florida lobster fishermen fear trade war amid Irma recovery

Just as they prepare for a crucial harvest in the wake of Hurricane Irma, lobster fishermen in the Florida Keys fear a trade war with China could undermine storm recovery in the island chain. Read More

Jury tells pork giant to pay $473.5M in nuisance lawsuit

A federal jury decided today that the world’s largest pork producer should pay $473.5 million to neighbors of three North Carolina industrial-scale hog farms for unreasonable nuisances they suffered from odors, flies and rumbling trucks. Read More

SEC drops investigation into Exxon climate change response

The Trump administration has dropped a two-year investigation into how Exxon Mobil Corp. factors climate-change regulations into its calculations of the value of its assets, the company said today. Read More

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