UPDATE: 5 p.m.

Paul G. Allen, who co-founded Microsoft with his childhood friend Bill Gates before becoming a billionaire philanthropist who invested in conservation, space travel and professional sports, died Monday. He was 65.

More than one in five Canadian companies say they were impacted by a cyberattack last year, with businesses spending $14 billion on cybersecurity as they confront greater risks in the digital world, according to a new Statistics Canada survey.

LONDON – Britain’s banks and insurers must come up with credible plans for protecting themselves against risks from climate change and may need to hold more capital, the Bank of England said on Monday.

German prosecutors searched German sites of carmaker Opel, a division of PSA Group (PEUP.PA), in Ruesselsheim and Kaiserslautern on Monday as part of a probe into diesel exhaust emissions.

The German luxury carmaker Porsche has denied speculation that it’s planning to pursue an initial public offering (IPO).

Goldman Sachs and Raymond James have slashed their 12-month forecasts for Netflix on concern that rising interest rates will eat away at the valuation of the high-flying internet company, which reports earnings Tuesday after the bell.

Florida’s disjointed property insurance system that relies almost exclusively on small and midsize companies will take a multi-billion dollar loss from Hurricane Michael, but has sufficient reserves and backups that providers should be able to pay claims.

Toyota is recalling nearly 188,000 pickup trucks, SUVs and cars worldwide because the air bags may not inflate in a crash.

From the fear of losing the balance on a gift card to not getting a refund for returns, we ask: can you trust the store?

The board of Patisserie Valerie discovered the existence of two “secret” company bank overdrafts this week, according to boss Luke Johnson.