Meet Eric Yuan, the man who made your Zoom meetings possible

If you hadn't already heard have of Zoom Video Communications, there is a decent chance you’ve made its acquaintance over the past few weeks. Millions of people are now working from...

Stocks rebound from big losses on hope for US economic aid

NEW YORK (AP) — Stocks on Tuesday recouped most of their historic losses from the prior day as hopes rose, faded and then bloomed again on Wall Street that the U.S. government will try to cushio...

Business Highlights

China manufacturing slumps as anti-virus controls bite BEIJING (AP) — Two measures of Chinese manufacturing fell to their lowest levels on record in February as anti-virus controls s...

Jack Welch, the GE chief who became a superstar, has died

BOSTON (AP) — Jack Welch, who transformed General Electric Co. into a highly profitable multinational conglomerate and parlayed his legendary business acumen into a retirement career as a corporate le...

Asia shares bounce back as BOJ promises support for economy

Share prices in Asia bounced back Monday (March 2) from last week's retreat, with mainland Chinese indexes gaining more than 3% as data showed progress in restoring factory output after weeks of d...

California wildfire victims fear coming last in PG&E payout

SAN FRANCISCO (AP) — A $13.5 billion settlement between victims of California's catastrophic wildfires and the utility blamed for causing them was supposed to bring some peace and hope to people still...

Stocks sink, bonds soar on fears virus will stunt economy

Stocks fell sharply again on Wall Street Tuesday (Feb. 25), piling on losses a day after the market’s biggest drop in two years as fears spread that the growing virus outbreak will put the brake...

Disney CEO Bob Iger steps down in surprise announcement

NEW YORK (AP) — Disney CEO Bob Iger, who steered the company's absorption of Star Wars, Pixar, Marvel and Fox's entertainment businesses and the launch of a Netflix challenger, is stepping down immedi...

Morgan Stanley to buy E-Trade for $13 billion

NEW YORK (AP) — Morgan Stanley, the investment bank for millionaires, big business and megamergers, is buying E-Trade Financial, the online brokerage that encouraged waves of regular investors to get ...

Judge rips PG&E for poor safety record leading to wildfires

SAN FRANCISCO (AP) — A U.S. judge ripped into Pacific Gas & Electric on Wednesday, saying its executives have put greed before safety and telling officials from the utility blamed for catastrophic...

Tesla stock is soaring. Madness or visionary investing?

DETROIT (AP) — Eight months after it seemed headed for the corporate junkyard, Tesla is now worth more than General Motors, Ford and Fiat Chrysler combined, even though the Big Three together sell mor...

Apple temporarily closes stores in China amid virus outbreak

SAN FRANCISCO (AP) — Apple is temporarily closing its 42 stores in mainland China, one of its largest markets, as a new virus spreads rapidly and the death toll there rose to 259 on Saturday. ...

Business Highlights

___ Bad timing: New virus poses threat to fragile world economy China's new virus is striking at a bad time for the world economy. The Chinese economy, No. 2 in the...

Son of ex-US Rep. Christopher Collins spared prison

NEW YORK (AP) — The son of former U.S. Rep. Christopher Collins was spared a prison sentence Thursday after pleading guilty in an insider trading conspiracy with his father. U.S. Dis...

Easing trade tensions bode well for emerging market stocks

LOS ANGELES (AP) — Several factors are pointing to a possible rebound in emerging market stocks this year. Stocks in China and other developing economies notched solid gains in 2019,...