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Donald Trump's pick of Wilbur Ross to head the Commerce Department is a bit controversial. Ross is a so-called vulture investor who most recently has invested in troubled banks in the U.S. and Europe.

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Read full story for latest details.

GoPro announced Wednesday it is cutting 15% of its workforce and eliminating its entertainment division in an effort to return to profitability next year.

Some of your favorite iOS apps are going red.

Lufthansa has made another offer to its pilots in the hope of ending a strike that has forced the airline to cancel 4,450 flights.

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Read full story for latest details.

Read full story for latest details.

The bank that nearly broke the United Kingdom is still in trouble eight years after the financial crisis.

Millions of Japanese people are in danger of working themselves into an early grave. The government is planning to overhaul labor laws but detailed proposals are still months away.

The cereal brand Kellogg is pulling its advertising from Breitbart News because it disagrees with the right-wing website's political views.

Children as young as eight are working at plantations that supply palm oil to some of the world's biggest brands, according to a new report by Amnesty International.

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President-elect Donald Trump has selected Steven Mnuchin, a former Goldman Sachs banker who profited from the housing market meltdown, as his nominee for Treasury secretary.

As OPEC meets Wednesday in Austria, it might be the cartel's last chance to hike oil prices before Donald Trump takes office and pushes for more U.S. energy production.

Two recent posts from Facebook CEO Mark Zuckerberg addressing the controversy over fake news spreading on were briefly deleted on Tuesday. The posts re-appeared after media outlets called attention to the matter.

The U.K. government has outlined plans to crack down on mega CEO salaries by giving shareholders and workers more control over compensation paid to top executives.

qWhen the President-elect is your neighbor, expect more security. That's not great news for iconic jewelery retailer Tiffany. Sales at its flagship 5th Avenue store near Trump Tower are hurting. But stores in the rest of the world shine bright.

Donald Trump names Georgia Representative Tom Price, an orthopedic surgeon and House Budget Committee chair, as health secretary.