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Economy News

February 20, 2019
Southwest grapples with new labor and revenue problems
Southwest Airlines is lashing out at the union representing its mechanics, suggesting that they are purposely grounding ...
February 20, 2019
Trouble at CVS Health long-term care business weighs heavily
CVS Health is setting 2019 earnings expectations well below Wall Street forecasts, as the company struggles to fix part of ...
February 20, 2019
French court hits Swiss bank UBS with $5.1 billion penalty
A French court ordered Switzerland's largest bank, UBS, to pay 4.5 billion euros ($5.1 billion) in fines and damages for ...
February 20, 2019
Failing Payless to honor gift cards, store credit into March
The failing Payless ShoeSource chain will honor gift cards and store credit until March 11 as the company liquidates all ...
February 20, 2019
World shares mostly higher on upbeat talk on China-US trade
Stocks were mostly higher in Europe and Asia on Wednesday after U.S. President Donald Trump suggested trade talks with China ...
Gadeir Abbas
February 20, 2019
APNewsBreak: Feds share watchlist with 1,400 private groups
The federal government has acknowledged that it shares its terrorist watchlist with more than 1,400 private entities, ...
February 20, 2019
Trump chooses Jeffrey Rosen for deputy attorney general
President Donald Trump on Tuesday said he intends to nominate Jeffrey Rosen, a longtime litigator and deputy transportation ...
Walmart Toys
February 19, 2019
Walmart flexes in the fourth quarter, beats all expectations
Walmart defied a gloomy government retail sales report for December, delivering fiscal fourth-quarter profits and sales that ...
February 19, 2019
Payless files for bankruptcy, closing North American stores
Payless ShoeSource has filed for Chapter 11 bankruptcy protection and is shuttering its remaining stores in North America.
February 19, 2019
Nobel laureates, advocates to advise G-7 on women's rights
Human rights advocates met Tuesday in Paris to discuss potential strategies leading industrial nations could employ to reduce ...
February 19, 2019
Greece's central banker protests, says minister is meddling
Greece's central bank chief asked Prime Minister Alexis Tsipras to intervene on Tuesday after a cabinet minister phoned him ...
February 19, 2019
Millennial Money: Make your funds move at the speed of life
Change is constant — especially when you're young. Chances are you'll cycle through a few moves, job changes and romantic ...
February 19, 2019
China accuses US of trying to block its tech development
China's government on Monday accused the United States of trying to block its industrial development after Vice President ...
February 18, 2019
More than 1,500 attend vigil for Aurora shooting victims
More than 1,500 people braved snow and freezing drizzle to attend a prayer vigil for five slain co-workers Sunday, two days ...
February 18, 2019
Aurora shooter's permit was revoked but gun wasn't seized
An initial background check failed to detect a felony conviction that should have barred the man who killed five co-workers ...
February 17, 2019
Verbal attack on French philosopher new anti-Semitism jolt
An upsurge in anti-Semitism in France reached a climax this weekend with a torrent of hate speech directed at a distinguished ...
February 17, 2019
Libyan authorities help free 14 kidnapped Tunisian workers
Libyan authorities helped free 14 Tunisian workers Sunday who were kidnapped by an armed group near Libya's capital, the ...
February 17, 2019
Abu Dhabi arms fair opens amid Yemen war criticism
The United Arab Emirates' yearslong war in Yemen alongside Saudi Arabia bled into the start of a biennial Abu Dhabi arms fair ...
February 17, 2019
About 40 people remain trapped in Liberian gold mine
Fellow miners have been using their bare hands to remove debris in an effort to free some 40 gold miners who have been ...
February 17, 2019
Hundreds stranded as British airline Flybmi collapses
Hundreds of passengers throughout Europe have been stranded by the abrupt collapse of the British regional airline Flybmi.
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