US Business News

Staples: Data Breach Exposes Million Cards

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Staples said criminals stole personal information from as many as 1.16 million payment cards during the back-to-school shopping season from stores across the country.

Sony Hack Forces Firms to Rethink Email

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Devastating leaks from Sony’s computer systems have dramatized the risks of storing corporate email for extended periods. Some people in Silicon Valley wonder if it is time to rethink that practice.

Trump Taj Mahal Expected to Remain Open, for Now

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The endangered Trump Taj Mahal in Atlantic City, N.J., is expected to remain open through the weekend while lawyers work to complete a $20 million lifeline from billionaire Carl Icahn.

Car Safety Gear Cuts Traffic Deaths

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Deaths in U.S. car crashes have fallen by about a quarter in the last decade, new federal data show, as safety features in newer models have powered a drop in fatalities even as auto-safety recalls have surged.

FDA Approves AstraZeneca Ovarian Cancer Drug

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The U.S. Food and Drug Administration approved the first drug to treat cases of ovarian cancer linked to specific genetic mutations.

Thomas Kwok Found Guilty of Corruption

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A jury in Hong Kong found Thomas Kwok, the co-chairman of one of Hong Kong’s biggest property developers, guilty in a corruption trial involving the city’s former No. 2 official, but found his brother, Raymond, not guilty.

FDA Approves Cubist's Experimental Antibiotic Zerbaxa

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Cubist Pharmaceuticals’ experimental antibiotic Zerbaxa has been approved by the U.S. Food and Drug Administration for treatment of certain urinary tract infections and intra-abdominal infections.

Google Sues Mississippi Over Campaign to Restrict Searches

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Google Inc. sued Mississippi Attorney General Jim Hood on Friday, seeking to prevent him from enforcing a wide-ranging subpoena that has become entangled in a dispute between Google and Hollywood.

NLRB Names McDonald's as 'Joint-Employer' of Franchise Workers

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The National Labor Relations Board issued labor complaints that name McDonald’s Corp. as a “joint-employer” of workers at its franchisees, a win for unions.

Chrysler to Replace Air Bag Inflaters in 3.3 Million Vehicles

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Chrysler plans to replace driver-side air bag inflaters in 3.3 million vehicles, a move that significantly expands its response to Takata’s air bag problems.

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