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MD Anderson to Lay Off Hundreds of Workers

The workforce at M.D. Anderson in the medical center is to about to cut by 5% with impending layoffs of hundreds of workers.

Minimum Wage in New York Increases to $11

As workers in New York celebrated the new year, many of them were also celebrating for a different reason: it was the first day of their wage hike as the minimum wage increased to $11 an hour.

Rex Tillerson To Put Exxon Nest Egg In a Trust Over Conflict of Interest Concerns

ExxonMobil and Rex Tillerson have announced their plan to address concerns about the huge nest egg the oil giant has promised to its former CEO.

Trump Threatens GM: Make Cruze in U.S. or 'pay big border tax'

President-elect Donald Trump sent a threat Tuesday to General Motors: Make the Chevrolet Cruze in the United States or face a heavy tax.

Ford Cancels Mexico Plant. Will Create 700 U.S. Jobs in 'vote of confidence' in Trump

Ford is canceling plans to build a new plant in Mexico. It will invest $700 million in Michigan instead, creating 700 new U.S. jobs. Ford CEO Mark Fields said the investment is a "vote of confidence" in the pro-business environment …

Twitter's Top China Executive Leaves After 8 Months

Twitter's top executive in China has flown the coop. Kathy Chen, a managing director at the social media firm, is exiting after spending just eight months on the job.

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