Getty Images President Donald Trump speaks on border security during a Rose Garden event at the White House on Friday. President Donald Trump is planning to tap into several sources to build his signature border wall, after invoking a national emergency that even he predicts will be subject to court battles. Here’s how the administration → Read More

Shares of XPO Logistics Inc. plummeted in active trade Friday, as the loss of business from its largest customer and weakness in Europe led to a disappointing earnings report, and overwhelmed relatively large share buybacks. “Well look, there’s no other way to say it, we missed the quarter,” said Chief Executive Bradley Jacobs in a → Read More

BOSTON (AP) — Employees at a drug company accused of bribing doctors rapped and danced around a person dressed as a bottle of the highly addictive fentanyl spray in a video meant to motivate sales reps into getting patients on higher doses. The video was shown to jurors this week in the closely watched trial → Read More

The auto industry and its investors are bracing for a long-awaited Commerce Department report offering recommendations on new tariffs targeting imported vehicles and auto parts. The report, expected to come as soon as Sunday, was requested in May by President Donald Trump, who at that time was considering new auto tariffs of as much as → Read More

Think ginger ale and you probably think Canada Dry. The iconic brand has been around for more than 100 years. In the U.S., it far outsells any other competitor. A decade ago, the company behind it began boasting it was “Made from Real Ginger” in a campaign aimed at wooing health-conscious consumers. In an embarrassing → Read More

AFP/Getty Images With the U.S. Commerce Department expected to recommend tariffs on the auto industry, a new report estimates that imports would drop dramatically if an additional 25% tariff is imposed. The report comes from the Ifo Institute for Economic Research in Germany, one of the nations that would be most impacted. The U.S. Commerce → Read More

Volatile prices make gasoline a particularly risky investment, but the fuel’s importance to drivers hasn’t wavered. A recent study from GasBuddy found that 86% of Americans depend on gasoline every day and consider it to be a household expenditure that’s more important than other major expenses, such as health care and savings. Only groceries, housing → Read More

Bloomberg News/Landov Timothy Sloan has been chief executive officer of Wells Fargo & Co. since October 2016. Wells Fargo & Co. is expected to be the first bank to face a grilling by House Democrats who took over the Financial Services Committee in the new Congress, with a March hearing focused on its scandals, people → Read More

‘It’s been serious. Driving the rich people out is pretty dumb if you’re a state or a city.’ Charlie Munger That is the famously plain-spoken Charlie Munger, speaking to CNBC’s Becky Quick in an interview on the network that aired on Friday. “They’re old. They keep your hospitals busy. They don’t burden your schools, the → Read More

Getty Images Rep. Alexandria Ocasio-Cortez and Sen. Bernie Sanders Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez slammed Amazon for getting a federal tax refund despite booking billions in profit the last two years. A close look at Amazon’s AMZN, -0.67%  finances shows the Vermont independent and Bronx Democrat will have more to get upset about, → Read More