Budweiser has decided not to end its partnership with the U.S. Olympic team after 32 years. The decision comes after disappointing viewership of the last games.
Irish drug maker Mallinckrodt will have to pay a $100 million fine and allow one of its competitors to produce a life-saving medication used to treat infants. The company hiked the price of the drug from $40 per vial to more than $34,000 per vial over the course of about 15 years.
Esquire Network's demise isn't a loss that's going to be acutely felt by many viewers, which helps explain why parent NBC Universal opted to shut down the channel. But it speaks to a larger trend within the TV ecosystem.
The Trump International Hotel in Washington, D.C. is refusing to provide additional information about a report saying that members of the media have been barred from the premises this week.
Donald Trump is winning the PR battle with the auto industry, but it's not clear how much credit Trump deserves when it comes to the recent flurry of announcements from the auto industry.
Amid growing concerns about his successor's treatment of the media, President Barack Obama began his final press conference on Wednesday by stressing the importance of a free and adversarial press corps.
Many blue chips in the S&P 500 actually do most of their business in the United States. While some big multinationals like Coke and P&G could be hurt by Trump's domestic focus, Verizon, Starbucks and Lockheed Martin could thrive.
Billionaire Wilbur Ross, President-elect Donald Trump's pick for commerce secretary, criticized countries that resort to "malicious" trading tactics and fail to play by the rules of global trade.