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Wall St. opens higher as tech stocks bounce back

U.S. stocks opened higher on Monday, with the Dow Jones Industrial Average hitting a record high, as investors snapped up beaten down technology stocks.

Recent Business News

Oil prices pause after sharp falls

LONDON Oil prices steadied on Monday, pausing for breath after coming under pressure over the past month from rising production in the United States, Libya and Nigeria, which has taken the edge off an OPEC-led initiative to support the market by cutting production.

9:38am EDT

Fiat Chrysler denies report it has decided to pull Chrysler brand from Japan

TOKYO Fiat Chrysler Automobiles denied it had decided to pull the plug on the Chrysler brand in Japan, after local media reported it was planning to stop selling the U.S. cars in the country as early as next year following years of poor sales.

4:54am EDT

Auto supplier Magna to manufacture BMW 5-series plug-in hybrids

SAN FRANCISCO Canadian auto supplier Magna International Inc will produce BMW's new 5-series plug-in hybrid at its Austrian factory, the company said on Monday, part of a strategy to produce electric cars on a contract basis for global automakers.

8:06am EDT

Google tightens measures to remove extremist content on YouTube

Alphabet Inc's Google will implement more measures to identify and remove terrorist or violent extremist content on its video sharing platform YouTube, the company said in a blog post on Sunday.

Jun 18 2017

IKEA aims to halve food waste at its restaurants by mid-2020

STOCKHOLM IKEA, which as well as being the No.1 furniture retailer also runs one of the world's biggest restaurant chains, aims to halve its food waste in three years to save money and reduce its environmental footprint.

10:16am EDT

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