A tough New York real estate market, a $US25 million lawsuit settlement and the costly presidential campaign all contributed to the decline, Forbes Magazine says.

Rising stock markets have been kind to Goldman Sachs. The investment bank's quarterly profit rose 2 per cent to $US2.1 billion.

Billionaire investor Tom Barrack is circling the ultimate distressed asset in Hollywood: the movie studio co-founded by Harvey Weinstein.

Amazon is enlisting some of the biggest athletic-apparel suppliers as part of a foray into private-label sportswear, according to people familiar with the matter, sending a jolt through the industry.

Electric car maker Tesla has fired about 400 employees this week, including associates, team leaders and supervisors, a former employee told Reuters on Friday.

Chipmaker and Apple supplier Qualcomm has filed lawsuits in China seeking to ban the sale and manufacture of iPhones in the country, its biggest shot at Apple so far in a sprawling and bitter legal fight.

• ANALYSIS

President Donald Trump seems to have another obsession: The stock market. He seems to view the market as giving him a standing ovation.

Got some bitcoin burning a hole in your digital wallet? And paradise on the mind? You could use it to buy a second passport.

Uber submitted a court appeal on Friday to overturn a decision by London's transport regulator that stripped the taxi app of its operating licence in one of its most important markets.

Amazon.com, already the most popular online retailer among adults, is setting its sights on a new demographic: teenagers.

Electric car maker Tesla is recalling 11,000 Model X sport utility vehicles worldwide due to a faulty locking mechanism in their rear seats.

Thefires ravaging Northern California stand to leave the area's renowned wine industry with damage that will be felt long after the final flames burn out.

Wildfires are tearing through northern California's iconic wine-growing regions of Napa and Sonoma, killing at least 10 and damaging some of the most valuable vineyards and wineries in the US.

US academic Richard Thaler, who helped popularise the idea of "nudging" people towards doing what was best for them, won the 2017 Nobel economics prize.

More than one in four Londoners, many of them in work, live in poverty due to stagnant wages and rapidly rising rents, according to a report released on Monday.

The Weinstein Company's board of directors has voted to remove Weinstein from the studio.

Plans to reopen one of the world's biggest copper mines, shut by a civil war on the Pacific Island of Bougainville in 1989, have run into trouble.

• ANALYSIS

Amazon is global in theory but successful in only a few places. But if Jeff Bezos fulfills his ambition, the world will come to fear Amazon.

Amazon.com must pay a fine of 250 million euros ($374 million) in back taxes to Luxembourg, European authorities said after concluding that the tech giant had benefited from an illegal tax arrangement dating to 2003.

What's in granola? Rolled oats, brown sugar and maybe nuts. No feelings.

• ANALYSIS

Apple has hung out its "open for business" sign in Hollywood by showing a willingness to write big cheques for TV series or movies from the likes of Steven Spielberg.

Following every deadly mass shooting in the United States, US gun stocks rise. It's happened again this week following Sunday's attack at a Las Vegas concert.

Australia's top corporates and their advisers say companies are more likely to base future projects offshore thanks to Donald Trump's tax plan.

The rich are, predictably, getting richer.

• ANALYSIS

The $6.4 trillion tax plan that the Trump administration outlined on Wednesday is a potentially huge windfall for the wealthiest Americans. - for everyone else it's a different story.

Microsoft CEO Satya Nadella on the culture change he's led at Microsoft and how he's tried to think like an outsider.

Uber's chief executive, Dara Khosrowshahi, apologised in an open letter Monday for the company's "mistakes," after the transport authority for London said last week that it would not renew the ride-hailing service's license to operate in the city.

UberEats stands out even from the rest of the company's fast-growing - and unprofitable - business.

US taxi firm Uber is willing to make concessions as it seeks to reverse a decision by London authorities not to renew its licence in the city, which represents a potentially big blow for the fast-growing company.