Stocks have been flat so far this year as investors wait for more details from Donald Trump about stimulus and other economic policies. But now that he's about to take office, some investors think stocks could soon head higher again.
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.
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.
The list of more than 200 people who received a pardon or commutation from President Obama Tuesday includes a pair of tax evaders from the disco era, Studio 54 owner Ian Schrager and baseball Hall of Famer Willie McCovey.
The Department of Justice on Tuesday cemented a $7.2 billion settlement with the Deutsche Bank for selling toxic mortgage-backed securities in the years before the market meltdown of 2008.
Senator Elizabeth Warren warned the incoming Trump administration that she and other Democrats would fight a move to fire the head of the Consumer Financial Protection Bureau, which she helped create.
Shares of Corona distributor Constellation Brands have dropped 10% since the election due to concerns about how Trump's tax and immigration policies will impact the beer company.
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21 minutes 14 seconds ago
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