Exxon Mobil’s credit was put on CreditWatch with negative implications by Standard & Poor’s.  This is the first step in what could be a removal of the AAA rating from the oil giant.  The credit... read more...

Therano’s Inc.’s main retail partner threatened to terminate its relationship with the blood-testing company unless it quickly fixes the problems found by federal inspectors at a laboratory in California.  Walgreens issued  the warning to Theranos... read more

Venezuela President Nicolas Maduro’s government began implementing a power-rationing program that will force more than 100 malls to close for hours on weekdays unless they can generate their own electricity.    Malls will have to find... read...

A senior Republican senator is blocking the Obama administration’s subsidized sale of as many as eight new F-16 jet fighters to Pakistan because of Islamabad’s relationship with a militant group known for targeting U.S. trained... read more...

Hundreds of buildings could face the wrecking ball after California authorities unraveled a decade long scam involving a pair of phony engineers who used stolen software to craft bogus blueprints.  The two phony engineers drafted... read more...

An increase in Seattle’s minimum wage is being cited as one major factor contributing to the closure of a number of the it’s restaurants.  Beginning April 1st, Seattle’s small employers will have seven years to... read more...

The Obama administration is proposing a $10 per barrel tax on oil companies to fund hundreds of billions of dollars’ worth of alternative transportation efforts, part of President Barack Obama’s ambitious climate agenda.  The tax,... read more...

American food-processing company OSI Group LLC disputed a Chinese court’s ruling that it had sold “inferior products” to fast-food chains in China including McDonald’s Corp. and KFC parent Yum Brands Inc.  The Shanghai Jiading People’s... read more...