Recent Business News
WASHINGTON U.S. consumer confidence held steady in July and new single-family home sales hit their highest level in nearly 8-1/2 years in June, suggesting sustained momentum in the economy.
CARACAS/BOGOTA Even for Venezuela's notoriously opaque economy, it was a sweetheart deal that went too far. | Video
LONDON/BRUSSELS Anheuser-Busch InBev raised its $100 billion-plus bid for rival brewer SABMiller on Tuesday after a slide in the value of the pound following the Brexit vote made the offer less attractive for many investors, threatening to derail the deal. | Video
WASHINGTON Volkswagen AG plans to offer a new proposal to fix 85,000 polluting 3.0 liter vehicles after regulators rejected an earlier plan, a Justice Department lawyer said Tuesday.
Fiat Chrysler Automobiles NV said on Tuesday it would invest $1.48 billion in its Sterling Heights plant in Michigan to retool it to build next-generation Ram pickup trucks.