The owner of Burger King and Popeyes sees prices for key ingredients like beef, mayonnaise and bacon soaring amid higher demand and supply constraints, according to an internal report. 

If the Biden administration gets its way, wealthy households are going to face higher tax rates. Many millionaires appear to be OK with that. Continue reading >

Former Volkswagen CEO Martin Winterkorn has agreed to pay 11.2 million euros ($13.6 million) in compensation for what the company called his failure to quickly get to the bottom of the 2015 scandal over diesel engines rigged to cheat on emissions tests, the company said Wednesday.

Wall Street indexes kept to tight ranges on Wednesday ahead of key inflation data this week, while small-time retail investors bought into several more stocks as a social media-fueled rally continued.

Bitcoin slumped to a two-week low, with analysts pointing to a technical breakdown as well as the recovery of Colonial Pipeline Co.’s ransom as evidence that crypto isn’t beyond government control.

The US will set up a new "strike force" to target what it calls "unfair trade practices" by competitors like China.

Dozens of websites went down briefly around the globe Tuesday, including CNN, The New York Times and Britain’s government home page, after an outage at the cloud computing service Fastly, illustrating how vital a small number of behind-the-scenes companies have become to running the internet.

U.S. job openings surged by nearly one million to a new record high in April, while more people voluntarily left their employment, strengthening the view that a recent moderation in job growth was due to supply constraints.

If the auto industry is to succeed in its bet that electric vehicles will soon dominate the roads, it will need to overcome a big reason why many people are still avoiding them: Fear of running out of juice between Point A and Point B.

Biogen CEO Michel Vounatsos told CNBC on Monday that the list price of $56,000 per year for the company’s FDA-approved Alzheimer’s disease drug aducanumab is “fair.”

Google said it would make changes to its global advertising business to ensure it did not abuse its dominance, bowing to antitrust pressure for the first time in a landmark settlement with French authorities.

 U.S. employers added a modest 559,000 jobs in May, an improvement from April’s sluggish gain but still evidence that many companies are struggling to find enough workers as the economy rapidly recovers from the pandemic recession.

U.S. stocks rose on Friday, with technology shares leading the way, as weaker-than-expected jobs growth eased concerns about the economy running too hot and causing an early tightening of monetary policy.

Shares of AMC Entertainment shuffled between gains and losses on Friday morning after a blistering rally that left the company’s stock up around 90% for the week.

The building has stunning Manhattan skyline views, its spa offers deep-tissue massages, and the fancy restaurant off the lobby serves up prime steaks. Best of all, many apartments at the Trump World Tower are selling at a deep discount — assuming the buyer doesn’t mind the name over the door.