Recent Business News
Shares of Facebook Inc touched a record high on Thursday on the back of overwhelmingly positive quarterly results, adding more than $27 billion to its market value.
WASHINGTON The U.S. Environmental Protection Agency and California Air Resources Board on Thursday approved a fix for 326,000 Volkswagen AG diesel cars, the agencies and the automaker said Thursday.
BRUSSELS European Union states have given initial backing to a German proposal to blacklist several more Russian nationals and companies over the delivery of Siemens gas turbines to Crimea, but made no final decision, diplomats said.
Wells Fargo & Co is making more structural and management changes to its auto lending unit, according to an internal memo viewed by Reuters, part of the bank's effort to control risk more effectively. The latest overhaul will phase out 57 regional offices across the United States and eliminate the positions of those regional managers, according to the memo.