Business & Financial News, U.S & International Breaking News

Stocks that surged in recent weeks because of the cryptocurrency mania have managed to hold onto most of their gains despite the recent retreat in the price of bitcoin and skepticism from market participants.

U.S. Senate Majority Leader Mitch McConnell on Friday said a shifting landscape will lead him to work with Democrats on immigration and financial regulation early in the new year, following a year of acrimony and partisan legislation.

When Sandy Vierling took a job at a new robot-packed factory her company built just a few miles from an older plant where she made automotive exhaust systems, she crossed into the future of manufacturing in the United States.

U.S. consumer spending accelerated in November and shipments of key capital goods orders increased for the 10th straight month, data showed on Friday, the latest signs of strong momentum in the economy as the year winds down.

Ford Motor Co chief executive Jim Hackett has apologized to employees for accusations detailed in a New York Times report that management at two Chicago plants did not respond adequately to complaints of sexual harassment.

CSX Corp , the third-largest U.S. railroad, on Friday named Jim Foote as chief executive officer, succeeding Hunter Harrison, who died last week only months into the railroad's ambitious turnaround plan.