Wells Fargo CEO Charles Scharf is apologizing for comments he made suggesting it is difficult to find qualified Black executives in the financial industry.

Volkswagen is taking its electric offense to the next level.

Nike appears to have recovered from its pandemic slump, posting a solid quarterly profit driven by soaring online sales of its sneakers and workout apparel.

Ten cities around the world have joined New York and London in committing to divest from fossil fuels companies as part of efforts to combat climate change.

Sales of existing homes rose 2.4% in August to its highest level since 2006 as the housing market continues to recover from a huge spring decline caused by the coronavirus outbreak.

The financial sector is being pummeled following a report alleging that a number of banks, JPMorgan, HSBC, Standard Chartered Bank, Deutsche Bank and Bank of New York Mellon among them, have continued to profit from illicit dealings with criminal networks despite previous warnings from regulators.

Microsoft is buying the company behind popular video games The Elder Scrolls, Doom and Fallout.

Major cruise lines say they will test all passengers and crew for COVID-19 prior to boarding as part of their plan for resuming sailing in the Americas.

Stocks fell on Wall Street Monday as markets tumbled worldwide on worries about the pandemic’s economic pain.

Americans’ household wealth rebounded last quarter to a record high as the stock market quickly recovered from a pandemic-induced plunge in March.