New bond lets investors help prevent California wildfires and turn a profit

As wildfires rage through western California, a new way to prevent them is now being tested in nearby Tahoe National Forest. It is a first-of-its-kind financial tool, designed to help investors fund forest restoration

Hugh Grant hits back at UK finance minister in dispute over a handshake

Actor Hugh Grant has become embroiled in an unlikely argument with the U.K.’s finance minister over a handshake — or the lack of one — at a movie premiere.

Starbucks’ stock jumps on strong US and China sales growth

Starbucks’ net sales rose 7% to $6.75 billion, topping expectations of $6.68 billion.

Kraft Heinz stock jumps on earnings beat

Kraft Heinz on Thursday reported quarterly earnings that topped analysts’ expectations.

Boeing CEO grilled about salary, accountability in second day of congressional questioning

Boeing CEO Dennis Muilenburg was grilled by Rep. Steve Cohen on Wednesday over his salary during questioning about 737 Max crashes.

Altria writes down Juul investment by $4.5 billion

Altria wrote down its investment in Juul by about one-third, recording a $4.5 billion pre-tax charge against its third-quarter earnings, the company said Thursday.

Fiat Chrysler and Peugeot confirm deal to merge

Peugeot (PSA) and Fiat Chrysler on Thursday confirmed their intention to merge on Thursday, in what would be a 50-50 share swap.

Fiat Chrysler and Peugeot reach deal to merge

The French carmaker and Fiat Chrysler confirmed they are in talks that could to create the world’s fourth-largest automaker with a roughly $50 billion valuation.

Extreme weather is hurting Asian businesses — but it may be ‘more complicated’ than just climate change

Asian businesses, in particular, will feel the impact of extreme weather conditions. In 2018, the region lost $54.7 billion to natural disasters, second only to North America.