Lawmakers are severely curtailing the "stretch IRA," a strategy allowing wealthy Americans to leave sizable inheritances to beneficiaries who can then tap those assets for decades.
Amazon.com Inc said on Thursday it was on track to deliver 3.5 billion customer packages globally this year through its in-house delivery network.
Boeing Co is set to launch its new astronaut capsule on Friday on its first unmanned journey to the International Space Station, a milestone test for the U.S. aerospace firm that is vying with SpaceX to revive NASA's human spaceflight capabilities.
Wells Fargo's board of directors will be called to testify before Congress about the bank's numerous scandals sometime in 2020, a senior U.S. House lawmaker told Reuters Thursday.
Agreements that let Facebook and other firms send European citizens' data to the United States and other countries are valid, a key EU court adviser said on Thursday, although he left room for such transfers to be blocked if European data protection standards are not met in countries receiving the information.
Wall Street hit all-time highs again on Thursday as U.S. Treasury Secretary Steven Mnuchin said an initial U.S.-China trade deal would be signed in early January, adding to optimism that was fueled by a breakthrough in trade talks last week.
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OSC LaunchPad | Jonathan Yeung | Dec 19, 2019 You're Invited to Participate in an OSC LaunchPad Survey We invite you to participate in an OSC LaunchPad survey that solicits feedback on the regulatory and capital raising challenges faced by innovative businesses at various stages of development. The survey was developed in collaboration with two
Starbucks Corp agreed on Thursday to pay restitution and accept greater oversight to settle a multi-year probe finding that it had illegally required New York City employees to find substitutes when they needed to use sick leave.
The number of Americans filing applications for unemployment benefits dropped from a more than two-year high last week, pointing to sustained labor market strength that should continue to underpin consumer spending and the economy.
Swatch will be blocked from selling some parts to watchmakers, ranging from Richemont's Cartier to Chopard and Breitling, from next year in an escalation of a row between the world's biggest watchmaker and Switzerland's competition regulator.
France's 'AHTOP' tourism association urged the French government to take action after U.S. homesharing site Airbnb won its battle to remain exempt from onerous European property regulations.
U.S. stock index futures were nearly flat on Thursday as investors looked past the impeachment of President Donald Trump, who is unlikely to be removed from office.
December graduates are facing the hottest job market in decades. Here's how to navigate it.
British engineering company Rolls-Royce gave a first look at a one-seater electric aircraft on Thursday it hopes will fly in late Spring next year and become the world's fastest all-electric aircraft.
General Motors Co said Thursday it is issuing recalls for more than 900,000 vehicles worldwide in two separate campaigns to address brake software and fire risks.