Economy News

October 19, 2017

Japan trade surplus leaps on strong exports to rest of Asia

Japan reports its trade surplus leaped nearly 38 percent in September from a year earlier, on strong shipments of cars, car ...

October 19, 2017

Hurricanes help push down United's 3Q profit by one-third

United Airlines' third-quarter profit fell by one-third as the carrier was rocked by hurricanes that hit its hub in Houston ...

October 19, 2017

American Express CEO Kenneth Chenault to retire next year

Kenneth Chenault, one of the most prominent black corporate leaders and long-time chairman and CEO of American Express, is ...

October 18, 2017

Bootleg Libyan oil, shady havens: Slain reporter's beats

Malta, a tiny archipelago nation in the southern Mediterranean, is so attractive to those looking to shelter funds or operate ...

October 18, 2017

Site of Amazon's HQ2 has much to learn from Seattle

Memo to the many places vying for Amazon's second headquarters: It ain't all food trucks and free bananas. For years, much ...

October 18, 2017

Xi urges stronger Chinese stand against 'grim' challenges

Chinese President Xi Jinping on Wednesday urged a reinvigorated Communist Party to take a stronger role in society and ...

October 18, 2017

Saudi carrier launches direct flight to Iraq after 27 years

Saudi budget-carrier flynas on Wednesday launched the first direct flight between the kingdom and Iraq since the Gulf War 27 ...

October 18, 2017

US home construction tumbled 4.7 percent in September

Construction of new homes fell 4.7 percent in September, the biggest decline in six months, reflecting weakness in both ...

October 18, 2017

Berlusconi stumps for referendums in 2 Italian regions

Former Italian Premier Silvio Berlusconi has thrown his political weight behind a referendum on autonomy in his native region ...

October 18, 2017

Norwegian firms signs $3B deal with Iran for solar panels

Norwegian solar panel maker Saga Energy has signed a deal worth 2.5 billion euros ($2.9 billion) with Iran's state-owned ...

October 18, 2017

The Latest: Catalan official rules out holding new election

The Latest on the Spain-Catalonia political crisis (all times local): 2 p.m. A top Catalan official is ruling out the ...

October 18, 2017

ECB chief: Market reforms must promote growth for all

European Central Bank head Mario Draghi says governments must ensure that pro-business reforms create economic benefits for ...

October 18, 2017

EU air safety body urges halt on use of Kobe Steel products

The European Aviation Safety Agency has recommended that companies suspend use of Kobe Steel products when possible.

October 18, 2017

UK wages continue to lag inflation despite low unemployment

Official figures show that household incomes in Britain continue to be squeezed even though the country's unemployment rate ...

October 18, 2017

Dutch company AkzoNobel profit falls 24 pct in tough market

Dutch paints and chemicals company AkzoNobel says its net profit fell by 24 percent in the third quarter to 216 million euros ...

October 18, 2017

Utility scrutinized as California wildfire victims sue

Northern California homeowners allege in a lawsuit filed Tuesday that Pacific Gas & Electric Co. failed to adequately protect ...

October 18, 2017

10 Things to Know for Wednesday

Your daily look at late-breaking news, upcoming events and the stories that will be talked about Wednesday: 1. KEY SENATORS ...

October 17, 2017

VA seeks 'narrow' exemption to for-profit college ethics law

The Department of Veterans Affairs said Tuesday it would proceed with a narrow waiver to an ethics law banning VA employees ...

October 17, 2017

'Praying to have business': Workers hit hard by wildfires

Outside one of the first shops to reopen for business on an empty central square in California wine country, clerk Rhiannon ...