BUSINESS

Caterpillar, the world’s largest heavy equipment maker has announced that it terminated 120 temporary workers at its Texas plant.

China has stepped up pressure on U.S. President Donald Trump to remove China tariffs imposed in September under the trade war before it signs the phase one of the trade deal, according to reports.

Uber will keep losing money over the next two years but boldly predicts profitability by 2021.

After the 4chan prophecy failed to fulfill its $16,000 Bitcoin prediction in October, Binance CEO Changpeng Zhao still sees the steep price to be in play.

Ferrari hopes to boost profitability by focusing on ventures outside of sports car sales.

Ford debuted the Bronco R race version at the Baja 1000 as a tribute to Rod Hall's and Larry Minor's 1969 victory.

Automakers may be ahead of consumers when it comes to electric cars.

David's Bridal is reportedly working with lenders on its mounting debt concerns.

McDonald's has a new CEO after Steve Easterbrook stepped down on Sunday due to a relationship with an employee.

Krispy Kreme has put the brakes to one student's scheme to bring the company's donuts to Minnesota.

Ford has announced more details on its all-electric Mustang-inspired SUV.

Mann Packing Co. has recalled several vegetable products sold in the U.S. and Canada because they may be contaminated with Listeria.

King Arthur Flour has recalled three more lots of all-purpose flour because it may be contaminated with E. coli.

Forget Uber, Lyft, or even Tesla's robotaxis, flying taxis can get passengers to where they want to be at a fraction of the time. Lilium, a Munich-based startup, plans to introduce its fleet of air taxis in New York by 2025.

Satoshi Nakamoto's real identity is shrouded in mystery, and anyone who dares to claim that they're the Bitcoin (BTC) inventor will surely attract attention from the crypto community -- or perhaps even backlash.

Elon Musk-led SpaceX seems ahead in Mars hype with Musk repeatedly sounding out his preparations for the Mars colonization plans. But the latest news says SpaceX may be in for a surprise by Virgin Orbit as the first to hit Mars without any help from NASA.

Tesla CEO Elon Musk hailed as an innovator and an inspiring technocrat has sprung a surprise by saying “vacations will kill you.”

Steve Easterbrook, McDonald's CEO has been fired by the board for allegedly violating the company policy and lowering its prestige by entering into a “consensual relationship with an employee.”

NASA's man on the moon goal continues, and its new addition to its roster of companies joining its mission is startup Olis Robotics.

Founding Microsoft in 1975, Gates has gone on to routinely the top the list of richest people in the world.

After Chik-fil-A made a mistake while celebrating National Sandwich Day, Popeyes took to Twitter to take yet another jab at their competitor.

How fire victims are taxed can be pretty surprising.

Nigeria has found itself and its citizens in a quagmire that is almost intractable.

Traders were encouraged by a strong jobs report that indicated 128,000 jobs were added to U.S. payrolls in October.

Ford has released a video teaser for the Bronco, prior to its release date.

PG&E workers have been threatened by angry customers after several power outages that lasted for days.

It’s impossible to measure someone’s happiness, but when running a business, you need to strive to keep employees happy, because happy people work 12% harder to achieve their goals. To be productive and to maintain health, employees need to take breaks from their work.

Elon Musk is disputing the results of a drag race published by "Top Gear" between the Tesla Model S and Porsche Taycan.

Economic adviser Larry Kudlow says nothing formal is in place but President Trump would like to trot out a tax cut proposal during the 2020 presidential campaign despite a budget deficit approaching $1 trillion.