Shares of Xoom sank in premarket trading Tuesday after the money transfer company said it was the victim of nearly $31 million in fraudulent transfers, and its chief financial officer had resigned after only about a month on the job.

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Jeremy Jacobs is stepping down as CEO of Delaware North, the Buffalo-based hospitality and concessions giant his father and uncles started during World War I.

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U.S. Steel said Tuesday it will lay off about 750 employees from two plants that make tubular steel, which is used in oil and gas drilling.

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Trumaker is our small business of the day.

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Three Utah police officers returning from the funeral of a slain New York City officer helped restrain an unruly airline passenger as the plane was diverted to Chicago.

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Colorado is taking a novel approach to marijuana education — not telling people to avoid the drug, just to use it safely.

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A $996 million federal grant will help build the planned extension of the Green Line MBTA line to Somerville and Medford, U.S. Transportation Secretary Anthony Foxx announced Monday.

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Sony’s top corporate executive on Monday condemned the recent hacking assault against Sony’s film division by saying his employees had been the victims of a “vicious and malicious cyber-attack,” while adding that he’s proud of them for standing against “the extortionist efforts of criminals.” CEO Kazuo Hirai, who hasn’t spoken about publicly about the hack before, opened a press event at the International CES trade show by saying he “would be remiss” if he didn’t mention the controversy over the Sony comedy, “The Interview.” Hackers calling themselves the “Guardians of Peace” managed to cripple the computer systems of Sony Pictures Entertainment in late November, before subsequently releasing a trove of sensitive corporate and employee records.

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Hyundai Motor Group plans to spend 81 trillion won ($73.7 billion) over the next four years on factories, research and building new headquarters.

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State regulators are taking testimony on a plan that calls for shutting down part of an aging coal-fired power plant in New Mexico that provides electricity to more than 2 million people in the Southwest.

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