BUSINESS

Traders said higher oil prices Monday were largely a result of a sharp fall in the dollar on Friday, when the greenback lost over 1.5 percent intraday against other leading currencies.

The country is seeking to make up for lost trade following the lifting of sanctions imposed in 2011 and 2012 over its nuclear program.

The Obama administration's move to completely lift its arms embargo on Vietnam last month paved the way for such a sale, but any deal would still be reviewed by the U.S. government.

The plan is expected to flesh out details of a restructuring of the kingdom's entire economy and make it less dependent on oil revenue.

Same-store sales are expected to decline at a slowing pace over the current and next quarter before returning to growth.

The Federal Reserve has been looking to impose its second hike since the Great Recession. Fed Chair Janet Yellen is set to speak Monday.

Carsten Spohr says Europe’s airline industry needs to consolidate to improve profits, and Lufthansa wants to use its Eurowings platform to do so.

With the latest announcement, the total worth of Alibaba shares to be sold by SoftBank reached $10 billion.

The British firm, owned by India’s Tata Motors, has sued China’s Jiangling Motor for allegedly copying its Range Rover Evoque.

According to a new indictment, in 2012 Shkreli and an associate divided 2 million unrestricted Retrophin shares to elude federal securities law.

The village of Pitman has banned alcohol since 1871, but one smart brewery figured out a way to sell beer legally .... and residents are drinking to it.

Nonfarm payrolls increased by only 38,000 jobs last month against economists' forecast for an increase of 164,000.

Congress on Friday sent a letter to Federal Reserve Chair Janet Yellen to express concerns over the central bank’s ability to protect sensitive information.

Hiring fell sharply last month, raising concerns about the U.S. labor market. Here are three takeaways from Friday’s government report.

Up to 20 nuclear reactors may be forced to shutter within a decade as utilities face plunging power prices and withering political support.

The report — payrolls increased by a meager 38,000 in May — throws into doubt a possible hike in interest rates by the U.S. Federal Reserve at its meeting this month.

Nearly half of Americans cannot come up with $400 to cover an unexpected expense. Savings apps like Digit and Qapital could improve their financial security.

An official announcement about the new partnership will be made at the retail giant’s annual shareholders’ meeting Friday in Bentonville, Arkansas.

The 93-year-old had the "legal mental capacity" required when he removed Viacom CEO Philippe Dauman and board member George Abrams from the trust, Dr. James Spar concluded.

Shareholders brought a class-action lawsuit that accused the company of misleading them by understating the severity of the 2010 oil spill in the Gulf of Mexico.

“I think full electric cars will be the future in the auto industry,” said Senior Vice President Manfred Fitzgerald.

Investors Friday braced for U.S. payrolls data that could add to or detract from the case for a Federal Reserve interest rate hike later this month or in July.

One of Latin America’s largest airline groups is searching for cash, a deal that could turn into a sale.

OPEC failed to agree to a clear oil-output strategy on Thursday as Iran insisted on raising production to regain market share lost during years of sanctions.

The S&P 500 ended at its highest closing level in seven months on Thursday, while the Nasdaq minted its seventh straight day of gains.

The Tesla boss says Apple, not Google, will become Tesla’s robotic-car competitor.

The state could seek to recoup from Maurice Greenberg and a co-defendant tens of millions of dollars in bonuses and interest covering the 2000-2005 period when the alleged fraud occurred.

In October 2015, the world’s largest retailer applied to U.S. regulators for permission to test drones for home delivery, curbside pickup and checking warehouse inventories.

Federal Reserve officials outlined Thursday how new federal requirements on the largest banks could force major financial institutions to split up.