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Economy News

January 29, 2020
Apple holiday season tops projections as iPhone bounces back
Apple is still reaping huge profits from the iPhone while mining more moneymaking opportunities from the growing popularity ...
January 29, 2020
Nissan to offer severance packages to older US workers
Slumping Nissan Motor Co. is offering voluntary separation packages to many of its U.S. workers as it tries to resize itself ...
January 29, 2020
Starbucks' results top estimates but coronavirus slows sales
It was a happy holiday at Starbucks, but the company's sales momentum could start to slow due to the coronavirus outbreak in ...
January 28, 2020
In grinding manufacturing slump, 3M cuts another 1,500 jobs
A profound slump in manufacturing and a trade war that has slowed economic growth in China has led to a second round of ...
January 28, 2020
Pfizer posts 4Q loss, misses Street views, on lower revenue
Pfizer's ongoing restructuring is significantly reducing revenue, resulting in a $337 million loss in its fourth quarter and ...
January 28, 2020
Tailgate woes cause Ford F-150 recall in Canada, but not US
Ford is recalling its popular F-150 pickup truck in Canada to fix a problem with electric tailgate latches, but identical ...
January 28, 2020
US consumer confidence shows solid gain in January
U.S. consumer confidence showed a strong gain in January, bolstered by continued strength in the job market. The Conference ...
January 28, 2020
Orders for US durable goods advance 2.4% in December
Orders to U.S. factories for big-ticket manufactured goods rose in December as a big jump in demand for military aircraft ...
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 ...
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