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Congress moves closer to deal to avert government shutdown

WASHINGTON The U.S. Congress was moving closer to crafting a deal to avoid shutting down at the stroke of midnight on Friday, but the details and even broad strokes of an agreement were still murky. | Video

Recent Business News

JPMorgan zooming in on Warsaw for new global back office center

WARSAW/LONDON U.S. bank JPMorgan Chase is zooming in on Warsaw as a destination for its new back office operations center which could eventually employ several thousand people supporting the bank's European and Asian business, sources said.

8:58am EDT

Exclusive: A New York hotel deal shows how some public pension funds help to enrich Trump

WASHINGTON Public pension funds in at least seven U.S. states have invested millions of dollars in an investment fund that owns a New York hotel and pays one of President Donald Trump's companies to run it, according to a Reuters review of public records. That arrangement could put Trump at risk of violating an obscure constitutional clause, some legal experts say. | Video

China's richest man deepens sports foray with global marathons deal

BEIJING China's Dalian Wanda Group, controlled by the country's richest man Wang Jianlin, has signed a deal to sponsor races with the world's top organizer, Abbott World Marathon Majors (WMM), the latest move by Wanda to expand its global sports business.

Sports, China 7:22am EDT

Exclusive: Austrian prosecutors investigate Airbus CEO over suspected fraud

VIENNA Vienna prosecutors are investigating Airbus Chief Executive Thomas Enders for suspected fraud in connection with a $2 billion Eurofighter jet order by Austria more than a decade ago, the prosecutors' office said.

8:33am EDT

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