Business

Wall Street bank earnings powered ahead in the second quarter with a strong lift from fees for advising on mergers and acquisitions and surging trading revenue, but some banks warned about risks ahead to the economy and markets. 

Minnesota and four other states joined the Federal Trade Commission (FTC) in settling a high-profile lawsuit against Deere & Company, with a stipulation that the company make it easier for farmers to repair their own iconic green John Deere tractors.

Brown-Forman CEO and President Lawson Whiting has decided to retire, the company said on Monday, but did not provide a timeline for his departure. Whiting ​will continue in his role till a successor is appointed, the Jack Daniel's maker said.

A group of 12 states led by Democratic attorneys general on Monday sued to block Paramount Skydance’s $110 billion deal to buy Warner Bros. Discovery, the sharpest challenge to one of the biggest media and entertainment mergers in history.

Tech shares weighed on U.S. stocks on Monday after President Donald Trump announced that he would reinstate a blockade on Iranian ports in the latest escalation of U.S.-Iran hostilities that sent oil prices jumping and dampened risk appetite.

Lily Meglio’s days are busy, but she never dreads going to work. On most days, the door to Lily’s, her colorful boutique in Clinton, Connecticut, opens at 10 a.m. Meglio, 22, straightens merchandise, places orders and helps customers − who are often surprised by her age. 

American businesses are increasingly convinced that higher inflation is here to stay. Even if Tuesday’s inflation report shows the cooling economists anticipate after a recent easing of gasoline prices, few forecasters or executives expect the relief to last.

In 1923, the city of Columbus, Ohio, enacted the first known off-street parking requirement for new apartment buildings. The city’s rules got stricter over time. In 1954, a Columbus apartment building with 100 one-bedroom units had to have at least 100 parking spaces; by 2022, the minimum was 150. For a 2,500-square-foot restaurant, the mandate grew from nine parking spaces to 34. 

Shares of tech consultancy Accenture (NYSE: ACN) were recently down more than 50% over the past year, pushing the stock into bargain territory for long-term believers.

For the past decade, scarcity was the U.S. housing industry’s most powerful marketing tool. The less there was to buy, the greater the urgency to keep bidding, even as prices hit record highs.

A new AI detection tool from Meta, which the tech company previewed this week alongside the launch of its image-generation model, Muse Image, failed to identify some of its own AI-generated images once they were cropped, according ​to a Reuters analysis.

Shopify has told customers using its web-hosting services to remove vape products from their online stores, according to a notice seen ​by Reuters and confirmed by the company on Friday. 

A Spokane couple is looking to turn a vacant warehouse into a volleyball club and gym, according to plans submitted to the city of Spokane.

Microsoft’s climate-warming emissions jumped last year as the company raced to build data centers powering artificial intelligence, increasing how far the company must go to meet its pledge to become carbon negative by 2030.

At a time when high mortgage rates and weak home improvement spending have dampened furniture sales, online retailer Wayfair is making an unlikely bet: building more massive stores.