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Economy News

August 04, 2020
Ford CEO Hackett to retire, COO Jim Farley to lead automaker
Ford Chief Operating Officer Jim Farley will lead the storied automaker into the future starting Oct. 1 when current CEO Jim ...
August 04, 2020
Trumps slams NY probe as 'witch hunt' continued
President Donald Trump has dismissed reports of a NY prosecutor's attempts to get his tax returns, saying it is a ...
August 03, 2020
Trump fires TVA chair, cites foreign workers
President Donald Trump says he has fired the chair of the Tennessee Valley Authority, criticizing the federal-owned ...
August 03, 2020
Trump sets deadline for TikTok sale or shutdown
President Donald Trump sets a deadline for September 15th for Tik Tok, popular Chinese-owned video app , to be sold to a U.S.
August 03, 2020
Ferrari lowers guidance after Q2 profits nearly wiped out
Italian luxury sportscar maker Ferrari further lowered its full year earnings guidance on Monday after reporting ...
August 03, 2020
Lawmaker arrest spotlights UK Parliament’s sex abuse problem
The weekend arrest of a British lawmaker accused of rape and the sexual assault conviction of a former legislator last week ...
August 03, 2020
Today in History for August 3rd
Highlights of this day in history: Christopher Columbus sets sail; Europe slides further into World War I; A Cold War case ...
August 02, 2020
Siemens Healthineers to buy US cancer care firm Varian
Germany-based Siemens Healthineers said Sunday it will buy U.S. cancer therapy and research company Varian in a deal worth ...
July 31, 2020
Watchdog group: Trump campaign improperly masking payments
President Donald Trump’s reelection effort allegedly hid nearly $170 million in spending from mandatory public disclosure by ...
July 31, 2020
Moscow demands that Belarus free 33 detained Russians
The Kremlin demanded Friday that Belarus quickly release 33 Russian private security contractors it detained on terrorism ...
July 31, 2020
Rep. Karen Bass emerges as a leading VP contender
California congresswoman Karen Bass has emerged as a leading contender to be the Democrats' vice presidential candidate.
July 30, 2020
Los Angeles' first Olympics set template for future Games
Even though the 1932 Summer Olympics were held during the Great Depression, Los Angeles first chance to host the Games still ...
July 29, 2020
Kodak lands loan to bolster US-produced drug supply
Eastman Kodak will receive a federal loan of $765 million to help reduce reliance on other countries for ingredients in ...
July 29, 2020
Judge: Purdue Pharma must halt some political contributions
A federal bankruptcy judge ruled Tuesday that OxyContin maker Purdue Pharma can't make any more contributions to partisan ...
July 28, 2020
Malaysian ex-PM Najib given 12 years in jail in 1MDB scandal
A Malaysian court sentenced former Prime Minister Najib Razak to serve 12 years in prison on Tuesday after finding him guilty ...
July 28, 2020
Turkey to suspend research in waters disputed with Greece
Turkey will suspend research for oil and gas exploration in disputed waters in the Eastern Mediterranean that abruptly raised ...
July 27, 2020
Graft verdict for Malaysia ex-leader a test of rule of law
After years of insisting on his innocence, former Malaysian leader Najib Razak learns his fate this week in his first ...
July 26, 2020
Putin attends naval parade, promises new ships to navy
President Vladimir Putin said the Russian navy will get 40 new ships and vessels this year, as he attended a naval parade in ...
July 25, 2020
Machinists union president rallies striking shipyard workers
The international president of the Machinists union rallied striking workers at Bath Iron Works on Saturday, urging them to ...
July 25, 2020
Hedge fund to pay $312M for McClatchy newspaper chain
Hedge fund Chatham Asset Management says will pay $312 million to buy newspaper publisher McClatchy out of bankruptcy ...
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