The Dow Jones Industrial Average sank nearly 1,200 points Thursday, deepening a weeklong global market rout caused by worries that the coronavirus outbreak will wreak havoc on the global economy.

Two former executives at a South Carolina utility lied repeatedly to regulators and investors about the progress of construction of two nuclear reactors taking hundreds of millions of dollars out of the pockets of investors and ratepayers, federal securities officials said.

A U.S. government agency is pushing to block a proposed joint venture of Peabody Energy and Arch Coal, arguing that the partnership between the country's two largest coal companies — both headquartered in the St. Louis area — would be bad for consumers.

A utility company will pay the largest criminal fine ever imposed for breaking a federal pipeline safety law — $53 million — and plead guilty to causing a series of natural gas explosions in Massachusetts that killed one person and damaged dozens of homes, federal officials said Wednesday.

Frontier Building has completed the renovation of Kentucky Fried Chicken in Kimball, Tennessee, which will restore more than 20 jobs in the community.

The International Brotherhood of Teamsters, with its 1.4 million truck drivers, warehouse workers and other transportation laborers, does not represent any Amazon workers, nor is it organizing them. But the union keeps butting into the e-commerce giant, which ships billions of packages a year.

Relatives of four inmates who killed themselves inside Alabama prisons are suing the state over the men's suicides, adding to the legal problems for an agency already in court over its treatment of prisoners.

The campaign to re-elect President Donald Trump sued The New York Times for defamation Wednesday, saying it was responsible for an essay by a former executive editor for the newspaper that claimed the campaign made a deal with Russian officials to defeat Hillary Clinton in 2016.

Major U.S. stock indexes gave up early gains and closed mostly lower Wednesday, extending the market's heavy losses for the week.

Amazon is again the target of activist shareholders seeking changes at the company or more information about how it operates.

Stocks fell sharply again on Wall Street Tuesday, piling on losses a day after the market's biggest drop in two years as fears spread that the growing virus outbreak will put the brakes on the global economy.

The generic drugmaker Mallinckrodt has a tentative $1.6 billion deal to settle lawsuits over its role in the U.S. opioid crisis, it announced Tuesday.

The National Transportation Safety Board says the driver of a Tesla SUV who died in a Silicon Valley crash two years ago was playing a video game on his smartphone while his vehicle was being controlled by a partially automated driving system.

The banking industry collectively made $233.1 billion in profits in 2019, the Federal Deposit Insurance Corporation said Tuesday, the industry's second-most profitable year ever.

The National Labor Relations Board announced a new regulation Tuesday that makes it harder to challenge companies over their labor practices, potentially affecting the rights of millions of workers.

Disney CEO Bob Iger, who steered the company's absorption of Star Wars, Pixar, Marvel and Fox's entertainment businesses and the launch of a Netflix challenger, is stepping down immediately, the company said in a surprise announcement Tuesday.

Home Depot reported a better-than-expected fourth quarter with strong comparable-store sales. The home improvement retailer also boosted its quarterly dividend by 10%.

JPMorgan Chase & Co. will no longer do business with coal companies and will restrict financing to companies that drill in the Arctic, the company announced Tuesday.

American Paper & Twine, the region's largest independently owned wholesale distributor of packaging materials, food service disposables, janitorial products, and office supplies, has acquired RMJ Distributing Co.in Johnson City, Tennessee.

OxyContin maker Purdue Pharma launched an ad campaign Monday to tell people harmed by their powerful prescription opioid where they can file claims against the company.

Stocks are opening sharply lower on Wall Street, pushing the Dow Jones Industrial Average down more than 700 points, as virus cases spread beyond China, threatening to disrupt the global economy.

Federal authorities in Tennessee say a woman has pleaded guilty to illegally dumping wastewater into the Mississippi River after washing U.S. Postal Service vehicles.

The Transportation Security Administration said Sunday it has stopped allowing employees to use the China-owned video app TikTok to create social media posts for the agency after the Senate's top Democrat raised concerns about potential national security issues.