Economy News

October 14, 2019

EU OKs $419M German loan for Thomas Cook airline Condor

The German government says the European Union has approved its decision to grant airline Condor, a subsidiary of collapsed ...

October 14, 2019

China's auto sales sink 6.3% in September

China's auto sales sank 6.3% in September from a year earlier and purchases of electric cars tumbled 34.2% at a time when the ...

October 14, 2019

Hunter Biden to step down from Chinese board

Facing intense scrutiny from President Donald Trump and his Republican allies, Hunter Biden said Sunday he will step down ...

October 13, 2019

The Latest: Tunisia projections say professor wins election

The Latest on the Tunisia presidential election (all times local): 8:10 p.m. Tunisian polling agencies are forecasting that ...

October 13, 2019

Brexit divorce talks between UK and EU go down to the wire

British Prime Minister Boris Johnson told Cabinet colleagues that it will require a "significant amount of work" to strike ...

October 13, 2019

California power outages highlight economic disparity

When the nation's largest utility warned customers that it would cut power to nearly 2 million people across Northern ...

October 13, 2019

Mozambique elections key to country's peace and stability

Mozambique's elections on Tuesday are almost certain to be won by the ruling Frelimo party and President Filipe Nyusi — but ...

October 12, 2019

Boeing names new board chairman in setback to CEO

Boeing CEO Dennis Muilenburg has lost his title as chairman of the troubled aircraft manufacturer, nearly a year after the ...

October 11, 2019

WeWork to close its New York elementary school next year

WeWork will close the school it opened last year in New York with the lofty goal of promoting "conscious entrepreneurship" ...

October 11, 2019

Iran says missiles strike its oil tanker off Saudi Arabia

Iran said Friday two missiles struck one of its oil tankers traveling through the Red Sea off the coast of Saudi Arabia, a ...

October 11, 2019

Workers march at GM tech center as strike rolls on

Dozens of United Auto Workers members gather before dawn to picket at a main entrance to General Motors’ large technical ...

October 11, 2019

Stocks rally on hopes for a breakthrough in trade talks

Stocks rallied in early trading Friday, erasing their losses for the week, as investors hope for a breakthrough in the U.S.

October 11, 2019

Beer in a paper bottle? Brewer Carlsberg thinks it can work

Danish brewer Carlsberg says it is developing a paper beer bottle made from sustainably sourced wood fibers.

October 11, 2019

The Latest: EU, Britain to intensify talks on a Brexit deal

The Latest on Britain's impending departure from the European Union (all times local): 2:35 p.m. The European Union says it ...

October 11, 2019

Global stocks higher on US-China trade optimism

Global stocks rose sharply Friday on optimism about U.S.-Chinese talks on ending a tariff war, while oil prices gained as ...

October 11, 2019

Oil rises on tanker attack, but market now better 'insured'

Energy prices rose Friday after a missile strike on an Iranian tanker revived concerns about instability in the oil-rich ...

October 11, 2019

"No one showed up!" Hong Kong's protests face acid test

Ronald sacrificed his lunchtime to join the protest in a Hong Kong park. He quivered at the prospect of communing with ...

October 11, 2019

UAW letter to GM indicates that strike won't end quickly

General Motors Chief Executive Mary Barra has stepped into contract talks with striking auto workers, asking the union to ...

October 11, 2019

Some Calif. businesses stay open despite no power

More California residents and businesses lost power Thursday as the state's biggest utility continued shutting off ...