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Cambridge Analytica CEO claims influence on U.S. election, Facebook questioned

LONDON/SAN FRANCISCO The suspended chief executive of Cambridge Analytica said in a secretly recorded video broadcast on Tuesday that his UK-based political consultancy's online campaign played a decisive role in U.S. President Donald Trump's 2016 election victory. | Video

Recent Business News

Starbucks' mobile order push meets resistance from ritual seekers

LOS ANGELES Starbucks Corp wants more people to use its time-saving mobile ordering app that lets customers buy drinks without waiting in line.

3:16am EDT

Arizona says not time to rein in self-driving cars after Uber fatality

TEMPE, Ariz./DETROIT Arizona officials said on Tuesday they saw no immediate need to tighten rules on the testing of self-driving cars in the state in reaction to a fatal accident involving an Uber autonomous vehicle that has focused attention on the safety of the new technology. | Video

Mar 20 2018

High speed: China's Geely 2017 net profit soars amid global push

SHANGHAI Chinese carmaker Geely Automobile Holdings Ltd , whose chairman recently took a $9 billion stake in Germany's Daimler AG , said on Wednesday its profits more than doubled in 2017, driven by strong domestic sales of popular SUVs.

3:26am EDT

Pension fund CalSTRS opposes Tesla's compensation package for Musk

U.S. public pension fund CalSTRS said on Wednesday it is opposed to Tesla Inc's recommendation to support Chief Executive Elon Musk's compensation arrangement at the electric car maker's shareholder meeting.

12:07am EDT

In search of higher margins, Canada Goose to make more of its own luxury coats

Luxury coat maker Canada Goose plans to bring more manufacturing in-house in a bid to boost margins and help it live up to lofty investor expectations as the most expensive stock among major luxury brands.

1:09am EDT


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