BUSINESS

General Electric announced a major restructuring of its financial unit by exiting the financial services business.

Pacific Gas & Electric faces a record penalty in connection with a 2010 pipeline explosion near San Francisco that killed eight people.

Wells Fargo and private-equity giant Blackstone Group agreed to buy $23 billion in General Electric's real estate holdings.

Germany’s biggest bank is said to finalize the terms of the settlement by end of the month.

Amazon recently slammed federal regulators for being too slow to approve commercial drone testing.

Russia holds a significant portion of the vast hydrocarbon reserves in the Arctic but lacks the expertise to exploit them.

The company said the defendants are creating false, misleading and inauthentic 4- and 5-star customer reviews for products on Amazon.com.

A rebound in oil prices Thursday helped boost the energy sector 1.5 percent, driving the S&P 500 index higher.

Ashkan Soltani, the FTC’s new chief technologist, wants to look under Silicon Valley’s hood. Should tech companies be nervous?

A new program in Houston tries to bring nonemergency patients to primary care clinics instead of emergency rooms.

The online professional networking site is stepping into the business of multilingual skills- training videos.

In Pennsylvania, homes near drilling sites are increasingly exposed to cancer-causing radon, a health study revealed Thursday.

During union campaigns, elected officials can get away with saying things employers cannot. South Carolina's governor called on workers to reject the International Association of Machinists.

American markets were moving in the opposite direction of European markets, as the greenback and oil prices rose.

New York state's top financial regulator has highlighted the dangers of lax bank oversight over third-party vendors.

An analysis conducted by Comptroller Scott Stringer found that high-cost money managers were a drag on public employee retirement funds.

Seeking to be more competitive against Uber, the ride-hailing firm hires a former Amazon exec to be its chief operating officer.

The recall affects "classic" tubs with May 11 and May 15 expiration dates.

Greece announced on Thursday that it had given the order to repay a loan installment from the International Monetary Fund worth about $485 million.

The upcoming Galaxy Note 5 and Note 5 Edge are expected to have the highest pixel densities ever featured on a phone.

Local government says it is "responding to public demands," after police cars were overturned and protesters injured.

Nine others were also found guilty by the court in India's biggest-ever corporate accounting fraud.

The investor-friendly Narendra Modi government came to power last May promising faster growth, more jobs and quick clearances.

Federal Reserve policymakers are torn between hiking rates in June, September, or even waiting until 2016.

Hillary Clinton, then secretary of state, lauded Colombia's human rights record as oil company cash flowed to her family foundation.

Alcoa will kick off earnings season Wednesday, in what's expected to be a tepid reporting period at best because of these two major factors.

Former SEC lawyer Edward Siedle has combed through $1 trillion in pension fund investments. Now he's offering his services on Kickstarter.

As the April 15 filing deadline approaches, watch out for identity theft and other schemes.

Civilians are caught in the middle as Kenya's government tries to cut off a Somali terrorist group's finances.