NEW YORK - Roger Ailes, founder and former chief executive of Fox News, the cable news channel popular with conservatives that helped reshape the U.S. political landscape, has died at age 77. Ailes' widow, Elizabeth Ailes, announced his death in a statement posted on the Fox News website on Thursday. The cause of death was not immediately known. He resigned from Fox News last July following allegations of sexual harassment, marking an abrupt end to his 20-year reign at the most-watched cable channel in the United States.
NEW YORK - U.S. stocks and the dollar dropped and bond prices rallied on Wednesday as investors fled risky assets amid uncertainty about U.S. President Donald Trump's ability to deliver on tax and regulatory reform. Reports that Trump asked then-FBI Director James Comey to end a probe into the former national security adviser have raised questions over whether Trump tried to interfere with a federal investigation.
Two former Wal-Mart Stores Inc employees have filed a lawsuit accusing the retailer of treating thousands of pregnant workers as “second-class citizens” by rejecting their requests to limit heavy lifting, climbing on ladders and other potentially dangerous tasks. The proposed class action lawsuit was filed in federal court in Illinois on Friday, May 12, by Talisa Borders and Otisha Woolbright, who say that until 2014, Arkansas-based Wal-Mart had a company-wide policy that denied pregnant women the same accommodations as workers with other disabilities.
WASHINGTON — Officials across the globe scrambled over the weekend to catch the culprits behind a massive ransomware worm that disrupted operations at car factories, hospitals, shops and schools, while Microsoft on Sunday pinned blame on the U.S. government for not disclosing more software vulnerabilities.
WASHINGTON/SAN FRANCISCO - President Donald Trump said he would seek to keep his tough immigration enforcement policies from harming the U.S. farm industry and its largely immigrant workforce, according to farmers and officials who met with him. At a roundtable on farm labor at the White House last month, Trump said he did not want to create labor problems for farmers and would look into improving a program that brings in temporary agricultural workers on legal visas.
CALGARY, Alberta -- Part of the shut Enbridge Inc 2A pipeline will need to be drained for several days, Canada's National Energy Board said on Tuesday, Feb. 21, without giving an estimation of when it will be back online. The 586-mile pipeline, which transports light crude as well as condensate between Edmonton and Hardisty in the province of Alberta, was shut following a leak in Strathcona County last week.
Verizon Communications Inc. said on Tuesday, Feb. 21, it would buy Yahoo Inc.’s core business for $4.48 billion, lowering its original offer by $350 million in the wake of two massive cyber attacks at the internet company.
The Dow Jones Industrial Average scored its sixth straight record high on Thursday, Feb. 16, but just barely, while the S&P 500 edged lower due to declining energy stocks. It was a mixed day on wall Street as investors digested recent gains and sold banks that have been big winners in the "Trump rally" that has seen the S&P 500 rise about 5 percent so far in 2017, with the Dow Jones Industrial Average up 4 percent.
U.S. equity indexes hit record highs on Monday, Feb. 13, with the benchmark S&P 500's market value topping $20 trillion as investors bet tax cuts promised by President Donald Trump would boost the economy. Trump vowed last Thursday to make a major tax announcement over the next few weeks, adding fuel to a rally that had stalled amid worries about the potential impact of his protectionist trade stance and a lack of clarity about other policy reforms.
St. Paul-based hunting and fishing chain Gander Mountain is preparing to file for bankruptcy as early as this month, after an aggressive effort to expand its store base failed to pull in new customers, according to people familiar with the matter.