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Financial journalist Gretchen Morgenson explains how private equity firms buy out companies, then lay off employees and cut costs in order to expand profits. Her new book is These are the Plunderers.

Alaska Gov. Frank Murkowski and other top officials tour the Prudhoe Bay oil pipelines, which have been crippled by corrosion discovered on Sunday. Lost production at Prudhoe Bay, America's largest oilfield, has sent oil prices to record levels.

Beijing's intellectual property authorities have ruled that the iPhone 6 and 6 Plus too closely resemble a smartphone by the Chinese company Shenzhen Baili.

The U.S. won its first Olympic gold in 46 years in a 2-1 overtime thriller over rival Canada. A brilliant performance by U.S. goaltender Connor Hellebuyck saved the Americans' chances.

President Biden granted clemency to six individuals on Friday who were convicted of a range of crimes.

Lori Lightfoot and Toni Preckwinkle, both African-American women, got the most votes out of 14 candidates in Chicago's mayoral election Tuesday night. They'll head to a runoff election on April 2.

While women had a banner year starring in box office blockbusters, their representation behind the camera remains low, accounting for just 8 percent of directors working on the top 250 domestic films in 2018.

The senators are calling on the nation's top consumer protection agency to investigate a loan servicer for the troubled student loan forgiveness program for public service workers.

The "Danger Zone" singer is asking for his performance to be deleted from a fake "King Trump" video that the president posted to Truth Social on Saturday.

The Elkhart City Council approved funding for a new Fire Station 6 at Monday night’s meeting, marking a significant upgrade for the northern neighborhoods of the city.