Business

Embattled Northern California utility PG&E Corp. has lured away the top executive at Michigan's largest power provider to steer its effort to restore a reputation tarnished by years of neglectful conduct that culminated in a series of deadly wildfires.

Apple will cut its app store commissions in half for most developers beginning next year amid an intensifying debate about whether the iPhone maker has been using the fees to unfairly fatten its profits and stifle rivals competing against its own music, v...

The U.S. Department of Defense has awarded three rare earthrelated grants worth roughly $13 million to help boost domestic production of the specialized minerals used to make weapons, electronics and a range of other goods.

One of the world's leading investor groups pushing for more corporate action on climate change said it has added Saudi Aramco, the world's largest oil producer, to its list of target companies.

Oil prices firmed on Wednesday on hopes OPEC and its allies will delay a planned increase in oil output and after Pfizer said its COVID19 vaccine was more effective than previously reported.

After nearly two years of scrutiny, corporate upheaval and a standoff with global regulators, Boeing Co is set to win approval on Wednesday from the U.S. Federal Aviation Administration to fly its 737 MAX jet again after two fatal disasters.

The COVID19 pandemic caused a spike in production of disinfectants and pasta, but a rise in toilet paper output proved only temporary, the German statistics office said on Wednesday.

As part of the move, the metropolitan government is considering asking some businesses to shorten their hours again, the Nikkei business daily said, citing multiple unnamed sources.

The U.S. Food and Drug Administration said on Tuesday it would make public reviews of all data and information regarding the emergency use authorization (EUA) granted to COVID19 drugs and vaccines.

EasyJet's bookings jumped by 50% on the day there was positive news about a coronavirus vaccine, a brief respite during a pandemic which pushed the British airline to a 1.27 billion pound annual loss, the first in its history.

Airbnb Inc's initial public offering (IPO) registration showed on Monday that the home rental startup turned a profit in the third quarter despite the COVID19 pandemic, as it gears up for one of the most anticipated stock market debuts in recent years.

Airbnb Inc's initial public offering paperwork showed on Monday the home rental startup turned a profit in the third quarter due to aggressive cost cuts, as it prepares for one of the most anticipated stock market debuts in recent years.

Tyson Foods Inc beat Wall Street estimates for fourthquarter profit on Monday, as its beef and pork businesses returned to volumes growth and helped counter high costs incurred to keep its plants running during the COVID19 crisis.

Taxation will not escape the European Union's plans to curb planetwarming emissions, and levies should be revamped to reflect climate and environmental costs, the head of EU climate policy said on Monday.

Witness crossexamination in the U.S. extradition case of Huawei Chief Financial Officer Meng Wanzhou will resume in a Canadian court on Monday where Meng's lawyers are trying to establish that her rights were violated during the events leading up to her a...

Following the national trend, there is an increase of Rs 10 in the gold prices in the city of Kolkata as well. One has to spend Rs 49,070 for purchasing 10 grams of 22-carat gold and Rs 54,410 for buying 10 grams of 24-carat gold.