Business news and stories by mail.com

October 16, 2018

As an oil giant, Saudi threats against US loom large

Saudi Arabia's status as the biggest oil exporter gives it the power to jolt the global economy — if it wants. That was the ...

October 16, 2018

Police head challenges part of report on Starbucks arrests

The city police commissioner has taken issue with part of a panel's review of the high-profile arrests of two black men at ...

October 16, 2018

US targets network backing Iran's use of child soldiers

The Treasury Department on Tuesday targeted a network of banks and businesses that provides financial support to a ...

October 16, 2018

Kansas governor's race is referendum on notorious tax cuts

The dead-heat Kansas governor's race has become a referendum on how a Republican experiment in slashing income taxes went ...

October 16, 2018

Delayed Obama for-profit fraud protection ordered into force

A federal court has denied a request to further delay an Obama-era regulation that helps students defrauded by for-profit ...

October 16, 2018

EU official urges Britain's May to get creative on Brexit

The European Union largely abandoned the hope of clinching a Brexit deal this month and a top EU official implored British ...

October 16, 2018

Goldman, Morgan report strong 3Q profits; shares jump

Despite the usual lull in activity, Wall Street's biggest names had a pretty good summer. The leading U.S. investment banks ...

October 16, 2018

NASA astronaut describes close call following failed launch

The NASA astronaut who survived last week's failed launch and emergency landing says he knew he needed to stay calm.

October 16, 2018

California utility restoring power as wildfire risks ease

About 20,000 utility customers remained without electricity Tuesday in Northern California after Pacific Gas & Electric cut ...

October 16, 2018

Canada is ready to open the door wide to legal marijuana

Tom Clarke has been dealing marijuana illegally in Canada for 30 years. He wrote in his high school yearbook that his dream ...

October 16, 2018

US employers post record number of open jobs in August

U.S. employers posted the most jobs in two decades in August, and hiring also reached a record high, fresh evidence that ...

October 16, 2018

Global stocks jump, helped by strong earnings in the US

World stock markets are turning higher again Tuesday, helped by strong earnings reports from major U.S. companies.

October 16, 2018

Ex-UN leader helps launch climate 'adaptation' initiative

Former United Nations Secretary-General Ban Ki-moon appealed for a sense of urgency Tuesday as he launched a new commission ...

October 16, 2018

Venezuelan fans endure sacrifices to 'Play Ball' amid crisis

For 10 years, ever since they bonded over baseball at work, Franlet Bencomo and Elbert Albarran haven't missed an opening day ...

October 16, 2018

Prescription drugs, lower taxes, power J&J 3Q beat

A jump in prescription drug sales and a sharply reduced tax bill boosted Johnson & Johnson's third-quarter sales and profit, ...

October 16, 2018

China wants to deepen economic ties in 16 European nations

China wants to boost its cooperation with central and eastern Europe, a Chinese government minister on Tuesday told officials ...

October 16, 2018

US, South African farmers cry fowl over Trump metal tariffs

Which came first, the chicken or the trade war? Well before President Donald Trump began slapping tariffs on steel, aluminum ...

October 16, 2018

Literary group sues Trump, alleges free speech stifling

In the three years that Donald Trump rocketed from candidate to president, the PEN American Center has criticized him as a ...

October 16, 2018

At least 7 killed as passenger train derails in Morocco

A shuttle train linking the Moroccan capital to a town farther north on the Atlantic coast derailed Tuesday, killing at least ...