Amazon's NYC home in 'opportunity zone' for Trump tax break
Business

Amazon's NYC home in 'opportunity zone' for Trump tax break

Amazon's new home in New York City is in an 'opportunity zone' offering developers a big tax break. But is it deserved?

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Banks, insurers pull US stocks lower; Oil snaps 12-day skid
Business

Banks, insurers pull US stocks lower; Oil snaps 12-day skid

Banks, insurers and other financial companies are leading U.S. stocks lower, placing the market on track for its fifth consecutive loss

California's PG&E rocked as wildfire liability concerns rise
Business

California's PG&E rocked as wildfire liability concerns rise

PG&E's stock has lost more than 20 percent of its value Wednesday after the utility said it does not have nearly enough insurance coverage if it is found liable for a Northern California wildfire

The Latest: EU Brexit negotiator: Draft deal decisive step
Business

The Latest: EU Brexit negotiator: Draft deal decisive step

European Union Brexit negotiator Michel Barnier says the draft deal accepted by Britain is a decisive step in the talks and is signaling that EU leaders can convene a summit soon to endorse it

Big question for Amazon's 2 chosen cities: Will it pay off?
Business

Big question for Amazon's 2 chosen cities: Will it pay off?

Amazon HQ2: Will it be worth it? Company will bring plenty of jobs but headaches, too

White House says it has 'broad discretion' on press access
Business

White House says it has 'broad discretion' on press access

President Donald Trump's administration claims it has "broad discretion" to regulate access to the White House as it fends off a legal challenge from CNN and other outlets over the revocation of journalist Jim Acosta's "hard pass."

Suddenly, a pair of quiet real estate markets are white-hot
Business

Suddenly, a pair of quiet real estate markets are white-hot

Thanks to Amazon, a pair of quiet real estate markets in NYC and Virginia turn white-hot

Business

APNewsBreak: Prison group faces lawsuit over immigrant wages

The operator of one of the largest private prison systems in the United States is facing a class action lawsuit from formerly detained immigrants who say they were paid as little as $1 per day as part of "volunteer" work programs

Cleveland Cavaliers owner selling Detroit casino in $1B deal
Business

Cleveland Cavaliers owner selling Detroit casino in $1B deal

Businessman and Cleveland Cavaliers owner Dan Gilbert has reached an agreement to sell Greektown Casino-Hotel in downtown Detroit for $1 billion

Business

Postal Service's red ink for 12th year as letter mail drops

The U.S. Postal Service is reporting a financial loss for the 12th straight year, citing declining mail volume as well as the costs of its pension and health care obligations