Business

The IRS said that after initial problems, it is getting more of the second round of relief payments to taxpayers.

American casino mogul Sheldon Adelson, who built lavish gambling palaces that made him one of the world's richest men and became a potent supporter of U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu, is dead at the age of 87.

Sheldon Adelson, founder, chairman and CEO of Las Vegas Sands, has passed away at the age of 87 from complications related to treatment for nonHodgkins Lymphoma , the casino company announced Tuesday.

Gold rose on Tuesday, rebounding from a near sixweek low touched in the previous session, as stocks slipped on political turmoil in Washington and the slow pace of COVID19 vaccinations across the world.

Oil prices slipped on Tuesday as investors remained concerned about climbing coronavirus cases globally, though an anticipated drawdown in crude oil inventory in the United States for a fifth straight week stemmed losses.

Companies must listen to scientists and align their plans to reach net zero targets with a global pact to fight climate change, executives told a Reuters Next conference on Monday.

U.S. banks Goldman Sachs JPMorgan and Morgan Stanley will delist 500 Hong Konglisted structured products, following a U.S. ban on investments in companies Washington deems linked to China's military.

Stocks that moved heavily or traded substantially Friday:

A widening global shortage of semiconductors for auto parts is forcing major auto companies to halt or slow vehicle production just as they were recovering from pandemicrelated factory shutdowns.

General Motors is changing its corporate logo and launching an electric vehicle marketing campaign to reshape its image as clean vehicle company, rather than a builder of gaspowered pickups and SUVs.

Nissan Motor Co Ltd said on Friday it would cut production of its bestselling Note compact car this month due to a shortage of semiconductors, becoming the latest carmaker to be hit by a chip crunch as demand rebounds from the coronavirus crisis.

Many Scottish fishermen have halted exports to European Union markets after postBrexit bureaucracy added days to their delivery times and hundreds of pounds to the costs of each load.

Gold inched lower on Friday as the U.S. dollar and Treasury yields firmed, although hopes for additional stimulus in the world's largest economy kept bullion on course for a second straight weekly gain.

The settlement, which allows Boeing to avoid prosecution, includes a fine of $243.6 million, compensation to airlines of $1.77 billion and a $500 million crash-victim fund over fraud conspiracy charges related to the plane’s flawed design.

A revamped version of the Jeep Grand Cherokee SUV with three rows of seats will roll off the assembly line this spring at a restored Detroit factory complex.

Online lending startup Social Finance Inc (SoFi) is nearing a deal to go public through a merger with Social Capital Hedosophia Holdings Corp V, a blankcheck acquisition company led by venture capital investor Chamath Palihapitiya, people familiar with th...