Report: Justice Deptartment investigating AT&T, Verizon

The Justice Department has opened an antitrust investigation into whether AT&T and Verizon and a standards-setting group worked together to hinder consumers from easily switching wireless carriers, according to a New York Times report.

Texas gains 8 rigs as US rig count rises to 1,013

The number of rigs exploring for oil and natural gas in the U.S. increased by five this week to 1,013

Slumping tech companies weigh on US stocks

A steep slide in technology stocks weighed on U.S. stocks Friday, pulling the market lower for the second day in a row

Mattel and Stanley Black & Decker skid while GE jumps

Mattel and Stanley Black & Decker decline while General Electric and Ericsson advance

SunTrust says ex-worker may have stolen data on 1.5M clients

SunTrust says 1.5 million clients’ data potentially compromised in following employee theft

Markets Right Now: Slumping tech stocks weigh on US indexes

A slump in big technology stocks helped pull U.S. indexes lower on Wall Street, extending the market’s modest losses from a day earlier.

Big banks saved $3.6B in taxes last quarter under new law

The nation’s six big Wall Street banks saved at least $3.59 billion in taxes just last quarter due to new tax law, giving public a first glimpse in how Corporate America is benefiting from the new Trump tax law

Wells Fargo agrees to pay $1 billion to settle customer abuse claims

A million customers may have been impacted by the bank’s actions.

Asian shares fall back on trade worries, tech outlook

Asian shares fall back on trade worries, tech outlook

Mattel CEO to step down after being at helm for 14 months

Mattel’s CEO Margaret Georgiadis is leaving the company; company names a Mattel director and former studio exec

Philip Morris and Procter & Gamble stumble as Amazon surges

Philip Morris International and Procter & Gamble fall while Amazon.com and American Express jump

Markets Right Now: First loss this week for US stocks

Stocks closed lower for the first time this week, weighed down by losses in technology and consumer products companies.

Anne Wojcicki, CEO of 23andMe, shares advice on overcoming setbacks

Anne Wojcicki, CEO of 23andMe, shares her advice for entrepreneurs, figuring out success and how she overcame major setbacks on “No Limits with Rebecca Jarvis” podcast.

Proper use of oxygen mask could be lifesaving

If airline oxygen masks drop, putting one over your mouth and nose for best results

Average US 30-year mortgage rate rose to 4.47 percent

Long-term U.S. mortgage rates climbed upward this week, slightly worsening affordability for homebuyers

When to ignore credit card advice

Credit card advice isn’t one-size-fits-all, and in some cases generic tips could hurt more than help

Global stocks take a breather as oil price rally continues

Global stock markets traded in fairly narrow ranges Thursday following a solid rebound based on waning fears about a trade war

Unilever announces share buyback, dividend boost

Unilever, the consumer goods multinational whose brands include Dove, Knorr and Ben & Jerry’s, says that it is planning a share buyback worth up to 6 billion euros ($7.4 billion) later this year

Asian shares higher on optimism about global growth

Asian shares higher as optimism on global economy helps investors shake off worries about geopolitical risks

US sorghum growers fear China tariffs could cost them dearly

American sorghum farmers fear they will lose their largest export market if China follows through with a tariff on their crop

American Express 1Q profits rise 31 percent, helped by taxes

Credit card giant American Express says it had the second-highest quarterly profit in its history last quarter, driven by strong customer spending on its namesake credit cards and a much lower tax bill

Amazon says it has more than 100 million paid Prime members

Amazon says it has 100 million paid Prime members, the first time the company has given out a specific number on its paid subscriber base

Textron and CSX rise while IBM and Lam Research skid

Textron, CSX and Best Buy climb while IBM, Lam Research and Adtran tumble

3 more Nike execs depart amid probe into workplace behavior

3 more Nike execs leave amid investigation into workplace behavior

Liquidation firms win bid for The Bon-Ton Stores

Department store operator The Bon-Ton Stores facing liquidation after bankruptcy auction

US manufacturers seek relief from steel and aluminum tariffs

Small and medium-size US manufacturers seek exemptions from Trump’s steel and aluminum tariffs

GM replaces Cadillac president after US sales decline

General Motors has replaced the head of its Cadillac luxury brand, which has struggled for years to compete against German and Japanese luxury automakers in the US

Review: Amazon brings fitting room home with Prime Wardrobe

Review: Amazon’s Prime Wardrobe offers lots to choose from, but accessories may make the difference

Morgan Stanley posts record 1Q profit, helped by trading

Investment bank Morgan Stanley posts record profit in the first quarter, helped by a lower tax bill and a boost in revenue from last quarter’s volatile markets.

Edmunds: How straight talk can land you a good deal

The difference between a good and a great deal may simply come down to a few things that you tell your salesperson in the days leading up to your purchase