Economy News

November 15, 2018

Buffett's firm invests in JP Morgan Chase, drops Walmart

Investor Warren Buffett's company picked up nearly 36 million shares of JP Morgan Chase stock in the third quarter and ...

November 15, 2018

Hearing reveals chilling details of fatal Southwest flight

There was a loud bang, and suddenly the Southwest Airlines jet rolled sharply to the left. Smoke began to fill the cabin, and ...

November 14, 2018

May wins Cabinet backing for Brexit deal but pitfalls remain

In a hard-won victory, British Prime Minister Theresa May persuaded her fractious Cabinet to back a draft divorce agreement ...

November 14, 2018

Uber loss grows in 3Q; company says it's investing in future

Uber's net loss widened by $177 million in the third quarter as the ride-hailing giant continued to invest ahead of a planned ...

November 14, 2018

Sides spar over water permit for refinery near national park

A company developing an oil refinery near Theodore Roosevelt National Park in North Dakota has supplied adequate information ...

Hospital Leaders Apologize, Acknowledge Mistakes Cost Laura Levis Her Life

November 14, 2018

Man whose wife died after collapse at hospital gets apology

A man whose wife collapsed outside a locked hospital emergency room door and later died has received a face-to-face apology ...

November 14, 2018

After intense wrangling, UK backs a Brexit deal. Now what?

Like white smoke from the Vatican announcing a new pope, the signal from Britain's Cabinet table says: We have a decision.

November 14, 2018

New allegations that Colombia prosecutor covered up bribes

A dramatic recording from beyond the grave has led to allegations that Colombia's chief prosecutor — a key U.S. ally in the ...

November 14, 2018

Macy's charges into the holiday shopping season like a boss

Macy's is heading into the crucial holiday season firing on all cylinders, logging its fourth consecutive quarter of sales ...

November 14, 2018

Energy companies lead US stocks higher as oil prices rebound

Energy companies led U.S. stocks broadly higher in early trading Wednesday, wiping out some of the market's losses from a day ...

November 14, 2018

Mass survey shows Germans are clinging to their cars

Germanys remains a nation of auto lovers, with use of car-sharing services, bikes and public transport on the rise, mainly ...

November 14, 2018

Ford, Walmart test self-driving grocery delivery service

Ford and Walmart are teaming up to test a self-driving grocery delivery service. The pilot program in Florida's Miami-Dade ...

November 14, 2018

US consumer prices increased 0.3 percent in October

Consumer prices climbed 0.3 percent in October, with higher prices for gasoline, used autos and housing contributing to the ...

November 14, 2018

AP sources: President Trump mulling a wide-ranging shake-up

President Donald Trump is weighing an administration-wide shake-up as he looks to prepare his White House for divided ...

November 14, 2018

Swiss seek more clarity on gold trade amid rights concerns

Switzerland's executive body is calling for greater transparency and information about imports of gold into the rich Alpine ...

November 14, 2018

Global shares dip after Wall Street falls over oil concerns

Concerns about political developments in Britain and Italy kept a lid on global stock markets on Wednesday. Meanwhile oil ...

November 14, 2018

Japan's economy shrank in July-September as trade falls

The Japanese economy shrank at an annualized rate of 1.2 percent in July-September, as consumer spending, investment and ...

November 14, 2018

Pilots says Boeing didn't disclose jet's new control feature

Boeing didn't tell airline pilots about features of a new flight-control system in its 737 MAX that reportedly is a focus of ...

November 14, 2018

PG&E sued over massive Northern California wildfire

People who lost homes in California's deadliest and most destructive wildfire sued Pacific Gas & Electric Co.