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Economy News

August 15, 2020

Ponzi king Madoff's brother released from home confinement

The younger brother of Ponzi king Bernard Madoff has been released from home confinement and from federal custody, the Bureau ...

August 14, 2020

Muslim woman accuses McDonald's franchisee of discrimination

A Muslim woman who worked for a McDonald’s franchisee in Maryland claims managers and co-workers sexually harassed her and ...

August 14, 2020

US productivity rises 7.3% as hours worked are nearly halved

U.S. productivity rose at a 7.3% rate in the second quarter as the number of hours worked fell by nearly half, the biggest ...

August 14, 2020

Mozambique's leader blames 'war' in north on wealth-seekers

The “war” in northern Mozambique is the fault of people who want to divide the country for its wealth, President Filipe Nyusi ...

August 14, 2020

Today in History for August 14th

Highlights of this day in history: Truman announces Japan's surrender in World War II; Blackout hits Northeast U.S., Canada; ...

August 14, 2020

Mazda-Toyota boosts investment in Alabama plant by $830M

Mazda Toyota Manufacturing, the new joint-venture between the two auto companies, on Thursday announced an additional $830 ...

August 13, 2020

War's end meant years of pain for Japanese girl in China

The last day of the Pacific War was also supposed to be Fumie Sato's last. After hearing Emperor Hirohito's Aug. 15, 1945, ...

August 13, 2020

German investigators appeal for help finding tech executive

German investigators are appealing for the public's help in tracking down the former chief operating officer of bankrupt ...

August 12, 2020

New Mexico's largest newspapers combine printing operations

The Albuquerque Journal and the Santa Fe New Mexican newspapers are partnering to print both publications at the The New ...

August 12, 2020

3 dead, 6 in hospital in Scotland train derailment

A passenger train derailed in northeast Scotland after stormy weather, killing three people and injuring six others ...

August 12, 2020

Black victims of doctor seek equity in settlements

Lawyers representing Black former University of Michigan athletes who say they were abused by a sports doctor are asking the ...

August 12, 2020

US consumer prices rose 0.6% in July, matching June uptick

U.S. consumer prices jumped 0.6% in July as gasoline prices continued to rise. The Labor Department reported Wednesday that ...

August 12, 2020

Rising star in Detroit departs suddenly for Silicon Valley

The chief financial officer at General Motors, Dhivya Suryadevara, is trading Detroit for Silicon Valley in a surprise ...

August 12, 2020

Psychiatrist can present findings in newspaper shooting case

A psychiatrist retained by prosecutors can testify about his evaluation of whether a man who killed five people at a Maryland ...

August 11, 2020

Hong Kong residents defend free press as China cracks down

Last year, hundreds of thousands of people took to the streets of Hong Kong to demand full democracy, many egged on by a ...

August 11, 2020

US producer prices up 0.6% in July, biggest jump since 2018

U.S. wholesale prices shot up an unexpected 0.6% in July, biggest gain since October 2018, as energy prices moved sharply ...

August 11, 2020

German authorities conduct raids in money laundering probe

German authorities raided an import-export company and the home of a businessman in the state of Brandenburg on Tuesday on ...

August 11, 2020

Powerful storm leaves devastation across Midwest

A rare storm packing 100 mph winds and with power similar to an inland hurricane swept through the Midwest on Monday, blowing ...

August 11, 2020

McDonald's sues ousted CEO, alleging employee relationships

McDonald’s says it's suing Stephen Easterbrook, the CEO it ousted last year over an inappropriate relationship with an ...

August 10, 2020

Chicago resident on unrest: 'It's getting scary'

A longtime Chicago resident watching the cleanup following a night of vandalism and stealing in the main shopping district ...

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