Oil major BP to cut thousands of jobs in cost-cutting drive
British oil major BP on Thursday said it is planning to cut 4,700 jobs, around 5% of its total workforce, Reuters reported, ...
Medicare's new $2,000 cap on out-of-pocket drug costs could save enrollees thousands, AARP says
The AARP report suggests the spending cap could be huge for Medicare enrollees who take costly drugs for cancer, rheumatoid ...
‘Nobody talks about the family at home.' Firefighters' families await their safe return
Hundreds of heroic first responders battling the brush fires in Los Angeles County have loved ones who are awaiting their ...
China's slowing economy is waiting for more stimulus. Here's how the country plans to boost growth
Nomura's Chief China Economist Ting Lu said in a report Tuesday that he expects the sales boost to fade by the second half of ...
European markets retreat from gains on the back of U.S. inflation data and head for mixed open
Europe markets are expected to open in mixed territory, retreating from gains in the previous trading session after a ...
Cartier owner Richemont sales rise 10% in fiscal third quarter despite ongoing China weakness
Cartier owner Richemont on Thursday reported a 10% increase in third quarter sales even as China demand weighed.
CNBC Daily Open: Muted CPI gives markets best day since November
Cooler-than-expected inflation readings and positive bank earnings provided a string of good news for bulls after a dismal ...
Blue Origin's first New Glenn rocket reaches orbit, misses booster landing
Blue Origin launched its towering New Glenn rocket for the first time early Monday, in a crucial milestone for Jeff Bezos’ ...
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$100M Verizon settlement payments go out, but in amounts much less than expected
Some Verizon customers were hoping to get as much as $100 as part of a $100 million class-action settlement, but payments ...
Jack Hoffman, young cancer patient who captured hearts of Nebraska and nation with 2013 TD run, dies
Jack Hoffman, the cancer patient who captured the hearts of Nebraska football fans and inspired the nation as a 7-year-old ...
Child left on bus at suburban daycare Tuesday evening, police say
A police investigation is underway after a child was left onboard a bus at a suburban daycare center on Tuesday night.
Altadena man's missing person case highlights desperate search for loved ones amid fires
Search and rescue crews continue to check on missing people reports and addresses where people were last seen before brush fires broke out in Los Angeles County.