Phoenix grapples with some of nation's fastest-rising rents

Now the fifth-largest city in the U.S., Phoenix has become a victim of its own success as Californians seek cheaper housing and snowbirds fleeing winter weather buy homes or rent apartments that sit empty during the scorching summers.

Boeing to halt production of 737 Max airliner in January

Boeing Co. said it will temporarily stop producing its grounded 737 Max jet as it continues to deal with the aftermath of two deadly crashes that killed a total of 346 people.

FTC: University of Phoenix to cancel $141m in student debts as part of settlement over deceptive advertising

Officials with the Federal Trade Commission announced that University of Phoenix will cancel $141 million in debts owed to the school by students who were harmed by ads that were allegedly deceptive.

UPS drivers nationwide to stop on routes, hold moment of silence for driver slain in truck hijacking

To honor the memory of a UPS driver who was killed Thursday in a kidnapping and police pursuit that ended in gunfire, UPS drivers across the country will be pausing on their routes for a moment of silence at 5 p.m. ET Monday. 

PG&E announces $13.5B settlement with individual Northern California wildfire victims

The utility company announced a $13.5B settlement with individual Northern California wildfire victims on Friday. It includes settlements for claims from the Ghost Ship fire in Oakland.

Google co-founders step aside as antitrust scrutiny heats up

Larry Page and Sergey Brin are stepping down as CEO and president, respectively, of Google parent company Alphabet. The move caps more than two decades during which the pair have shepherded the one-time startup they founded in a Silicon Valley garage. Pichai, who has been Google’s CEO since 2015, will now also head up Alphabet. The company isn’t filling Brin’s position as president.

Season’s greetings at Sears: Dingy shops and sparse shelves

Many of the stores that remain have the same old problems. They’re grungy and understaffed, poorly stocked and losing vendors.