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Economy News

January 28, 2020
Pfizer posts Q4 loss, misses Street views, on lower revenue
Drugmaker Pfizer reported a $306 million loss in its fourth quarter after it shifted its consumer health business into a ...
January 28, 2020
'Confused and angry': Brexit unsettles EU citizens in the UK
Anxious, angry, abandoned. Brexit elicits strong emotions, and as Britain’s departure from the European Union approaches, ...
January 27, 2020
Britain's EU Journey: When Brexit won the battle of Europe
Britain officially leaves the European Union on Friday after a debilitating political period that has bitterly divided the ...
January 27, 2020
US new-home sales slipped 0.4% in December
U.S. sales of newly built homes fell 0.4% in December, cooling slightly after low mortgage rates fueled gains for much of ...
January 27, 2020
India plans sale of debt-laden national carrier Air India
India said Monday it plans to sell its entire 100% stake in the national carrier Air India to shore up falling government ...
January 27, 2020
Watchdog: China is 2nd largest arms producer behind the US
China is the second-largest arms producer in the world behind the United States but ahead of Russia, a Swedish arms watchdog ...
January 26, 2020
Ringing in Brexit? Plans to celebrate UK exit divide country
With Brexit just days away, Britons are fighting over the chimes of Big Ben. And the White Cliffs of Dover are a battleground
January 26, 2020
Turkish leader slams 'propaganda' as quake deaths rise to 29
The death toll from a strong earthquake that rocked eastern Turkey climbed to 29 on Saturday night as rescue crews searched ...
January 26, 2020
Bolivia religious debate: The Bible vs Andean earth deity
Hoisting a large leather Bible above her head, Bolivia’s new interim president delivered an emphatic message hours after Evo ...
January 25, 2020
Report: Ford to pay $30M-plus for lawsuit over transmissions
Ford will pay at least $30 million in a proposed settlement over a class-action lawsuit related to failing transmissions in ...
January 24, 2020
Walmart tests higher hourly starting wages in 500 stores
Walmart says it's testing higher wages for new hourly positions at 500 of its U.S. stores as part of an overall strategy to ...
January 24, 2020
Belarus' leader blasts Russia for pushing merger of 2 states
The president of Belarus on Friday accused Moscow of pressuring his country to merge with Russia and vowed not to let it ...
January 24, 2020
Amid scandal, 'Africa's richest woman' sells European assets
The billionaire daughter of a former African leader is shedding some of her investments in Europe after she came under ...
January 24, 2020
Greece to change election law, abandon proportional system
Greece's parliament is set to approve a proposal by the country's center-right government to abolish an election system based ...
January 24, 2020
Russian Auschwitz survivor: Only coincidence that I lived
The 75 years since Yevgeny Kovalev was a teenage prisoner in Auschwitz have been marked by tormented memories and a wonder ...
January 24, 2020
Ex-pharmaceutical exec gets 5 1/2 years for pushing opioid
The founder of an Arizona pharmaceutical company was ordered to spend 5 1/2 years in prison Thursday for orchestrating a ...
January 24, 2020
1st stage of Huawei exec extradition hearing ends
A Canadian judge said Thursday she will announce her decision at a later date after she ended the first phase of an ...
January 24, 2020
Mario meet Hulk: Nintendo park coming to Universal Orlando
Harry Potter and Hulk: Welcome your new neighbors, Mario and Pokemon. A fourth park at Universal Orlando is being created ...
January 23, 2020
First stage of extradition hearing for top Huawei exec ends
A Canadian judge said Thursday she will announce her decision at a later date after ending the first phase of an extradition ...
January 23, 2020
Grounded Boeing jet holds back profits, growth at airlines
The three big U.S. airlines that own Boeing 737 Max jets don’t expect the grounded plane back in their fleets until after the ...
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