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Economy News

April 24, 2019
Occidental makes competing offer for Anadarko Petroleum
A bidding war is breaking out over Anadarko Petroleum, with Occidental making an offer worth $76 per share in cash and stock ...
April 24, 2019
UK begins search for new Bank of England governor
The British government on Wednesday kick-started the process to appoint the successor to Mark Carney as governor of the Bank ...
April 24, 2019
Beijing celebration of building binge overshadowed by debt
A conference this week showcasing a Chinese initiative to help build ports, railways and other infrastructure in the ...
April 24, 2019
Asian markets lower after S&P 500, Nasdaq hit record highs
Major share benchmarks were mostly lower in Asia on Wednesday as the rally on Wall Street, where the S&P 500 logged an ...
April 24, 2019
Shadow of 2 deadly crashes hangs over Boeing's 1Q earnings
When Boeing releases first quarter results Wednesday, investors will be looking beyond profit and revenue numbers to clues ...
April 24, 2019
Tech firm VMware faces DACA discrimination lawsuit
A participant in the federal program shielding young immigrants from deportation is suing a Silicon Valley company, saying ...
Geoffrey S. Berman
April 24, 2019
Indictment: Ex-CEO ignored red flags as opioid crisis raged
The pharmaceutical industry executive hit Tuesday with criminal charges stemming from the opioid crisis doesn't have his name ...
April 23, 2019
US expands probe into air bag failures to 12.3M vehicles
U.S. auto safety regulators have expanded an investigation into malfunctioning air bag controls to include 12.3 million ...
April 23, 2019
Twitter profit rises as Trump demands 'fairer' social media
Twitter Inc. on Tuesday trumpeted strong quarterly growth in earnings and users while President Donald Trump tweeted ...
Cory Booker
April 23, 2019
US new-home sales climbed 4.5% in March
Sales of new U.S. homes increased 4.5% in March, the third straight monthly gain as the housing market appears to be ...
April 23, 2019
Oil prices spike further after US move on Iran buyers
Oil prices remained near six-month highs Tuesday in the wake of the Trump administration's announcement that it would soon ...
April 23, 2019
A Trump Fed choice steps aside, and another faces new doubts
President Donald Trump's efforts to reshape the Federal Reserve stumbled on Monday, with one of his potential nominees for ...
April 22, 2019
Supreme Court to take up LGBT job discrimination cases
The Supreme Court is taking on a major test of LGBT rights in cases that look at whether federal civil rights law bans job ...
April 22, 2019
Boom market in small businesses shows signs of cooling
The boom market in small businesses is showing signs of cooling. The number of small business sales counted by online market ...
April 22, 2019
Nigeria oil output to decrease 8 percent daily after fire
An oil company in Nigeria is declaring a "force majeure" shutdown after a fire. The temporary closure is expected to cut ...
Bernardo Hees
April 22, 2019
Kraft Heinz CEO stepping down, Patricio named successor
Kraft Heinz Co. has named a new CEO as it struggles to remain relevant amid changing American tastes. The company said Monday ...
April 22, 2019
Homeless activists outside Notre Dame demand 'a roof too'
Dozens of public housing advocates protested outside the gutted Notre Dame in Paris Monday to demand that France's poorest ...
April 22, 2019
Home sales fall 4.9% in slow start to spring buying season
Sales of existing U.S. homes fell in March after a huge gain the previous month, held back partly by a sharp slowdown among ...
April 22, 2019
Liz Weston: How debt 'solutions' could dig you in deeper
Americans are slipping ever deeper into hock. To cope, many people turn to debt consolidation loans, cash-out mortgage ...
Carlos Ghosn
April 22, 2019
New indictment expands case against Nissan ex-chair Ghosn
Japanese prosecutors said Monday they have indicted Nissan's former chairman Carlos Ghosn on fresh breach of trust charges ...
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