US government shutdown could impact defense contractors, disrupt weapons production

A federal government shutdown could result in major furloughs at the Department of Defense and even disrupt the production of weapon systems, according to experts. Now almost seven months through the current fiscal year, the federal government is operating under a...

Wells Fargo has satisfactory ‘living will’ plan, Fed says

Wells Fargo has presented the Federal Reserve with a satisfactory plan on how to unwind its business in case of bankruptcy, the U.S. central bank said Monday. The resolution plan, or “living will,” is required of the nation’s largest banks and is...

Marissa Mayer and these other Yahoo execs are out after Verizon takes over

SAN FRANCISCO — Oath, the Yahoo-AOL creation owner Verizon will debut this year, plans to announce its leadership team Tuesday. And it does not include most of Yahoo’s executive team. Yahoo CEO Marissa Mayer will depart in June when Verizon completes the...

Company begs corporate raider Singer: Can we stop this fighting already?

U.S. specialty metals maker Arconic said on Monday that Elliott Management had reneged on two agreements that would have avoided a proxy fight from going to a full shareholder vote, as the battle between the two sides raged on. Arconic on Monday said that after last...

Trump’s sagging poll numbers overshadow Americans’ optimistic view on the economy

With President Donald Trump’s 100-day mark in the White House coming Saturday, a new poll finds that he is “the least popular chief executive in modern times.” His approval rating sits at 42 percent, a new Washington Post/ABC News poll found. The...