BUSINESS

A federal judge has reduced the punitive damages that a California man will receive in his lawsuit against Bayer over its Roundup weed killer.

Subaru is recalling its 2019 Outback and Legacy vehicles for a faulty weld issue.

President Donald Trump on Tuesday endorsed the demand by billionaire tech investor Peter Thiel for a high-level probe into Google’s “Chinese links” which he called “treasonous.”

Mixed open likely for the U.S markets Tuesday after key stock market futures showed subdued signals in the morning.

The Rochester Police Department is investigating the death of a 3 year-old boy that died inside a grease trap at a Tim Hortons restaurant.

Facebook is fined a record $5 billion by the federal government, and Mark Zuckerberg sees his wealth jump by $1 billion in only 30 minutes after the news breaks.

Ride-hailing companies Uber and Lyft have reportedly mobilized their drivers on a paid basis to protest against a bill that offered them employee benefits. The protest will be in the Capitol of California on Tuesday ahead of a Senate hearing of the bill.

Tesla workers admit to taking production shortcuts (some of them clearly unsafe) to meet the company's huge Model 3 production targets.

Amazon workers in Minnesota go on strike at the start of Amazon Prime Day.

Treasury Secretary Steve Mnuchin believes Facebook's proposed cryptocurrency, Libra, should take proper safeguards against money laundering and terrorist financing.

Walmart is looking for a new chief revenue officer for its e-commerce business, following reports of $1.7 billion in losses in online revenue.

Dollar Tree looks to grow in Canada by quadrupling its number of stores.

Rent-A-Center to purchase virtual rent-to-own services company Merchants Preferred in $47.5 million deal.

The Trump administration could ease restrictions on American companies to sell to Huawei in as little as two weeks, possibly due to lobbying from the U.S. computer chip industry.

Amazon workers are demonstrating against the e-commerce giant in Europe's largest economy, urging the company to sign onto a collective wage agreement.

Watch Ford's new 2020 Mustang Shelby GT500 in action.

Roughly half of both the oil output and gas output in the Gulf is shut in because of Barry, but the United States no longer depends on the region for its supply of oil and gas as it did a dozen years ago. 

Billionaire investor Peter Thiel has called for a high-level probe by FBI and CIA into Google’s alleged “treasonous China links.”

Two recalls have been issued for beef and chicken products that may have metal contamination or a wheat allergen that was not listed on the label.

The Tesla Roadster 2020 will be equipped with cold rocket engines for more maneuverability and speed.

Trump may soon learn there is a better alternative to the banking system -- and that is crypto.

International Business Times poll on major U.S. economic releases scheduled for the week of July 15, 2019.

Expectations are soaring that a booming market for medical marijuana is emerging in many Asian countries.

There is great cruise news, coinciding National Nude. The Big Nude Boat 2021 of Carnival Cruise will be expanding the span of its nude cruise to full two weeks offering more fun in the waters of the Caribbean.

Juul's CEO is issuing a belated apology for the harm his company's e-cigarettes are causing American teens.

Amazon plans to open up a new warehouse that will create 2,800 jobs.

Barneys New York could possibly declare bankruptcy due to the high cost of rent in Manhattan and reduced sales due to the rise of online shopping.

Amazon is going to put financial resources into training its employees for upcoming technical fields such as machine learning.

Facebook has been hit with a $5 billion fine from the Federal Trade Commission (FTC), with some critics calling the move a "slap on the wrist" for the tech giant.