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Economy News

Rio Tinto chairman leaving over destruction of sacred sites

Rio Tinto chairman Simon Thompson said Wednesday he was accountable for the mining giant destroying sacred Indigenous sites ...

6 Seuss books won't be published for racist images

Six Dr. Seuss books - including “And to Think That I Saw It on Mulberry Street” and “If I Ran the Zoo” - will stop being ...

Attorney: Boy Scout plan "woefully inadequate"

An attorney representing over a thousand former Scouts calls the bankruptcy reorganization plan submitted by The Boy Scouts ...

Texas power company seeks bankruptcy protection after storm

The largest and oldest power cooperative in Texas is filing for bankruptcy protection, citing last month’s winter storm that ...

NY gov. faces legal hurdles in harassment inquiry

Following allegations of sexual harassment, New York Gov. Andrew Cuomo acknowledged he "made others feel in ways I never ...

US manufacturing activity jumps to 3-year high in February

U.S. manufacturing expanded in February at the fastest pace three years with the arrival of a surge in new orders.

February 27, 2021

Armenia's president refuses order to dismiss military chief

About 15,000 protesters calling for the resignation of Armenia’s prime minister marched through the capital Saturday as ...

February 26, 2021

United will pay $49 million to settle air mail fraud case

United Airlines will pay more than $49 million to avoid criminal prosecution and settle civil charges of defrauding the U.S.

February 26, 2021

Mr. Potato Head drops the mister, sort of

Is it Mr. Potato Head or not? Hasbro created confusion Thursday when it announced that it would drop the “Mr.” from the ...

February 26, 2021

TIAA names Thasunda Brown Duckett as CEO

TIAA on Thursday named Thasunda Brown Duckett as its new chief executive officer. Duckett comes to the financial services ...

February 26, 2021

Car data recorder will aid in Woods crash probe

The event data recorder, sometimes known as a ‘black box’, will help investigators determine what happened when Tiger Woods ...

February 25, 2021

House votes to pass Equality Act

The Democratic-led House has voted to pass a bill that would enshrine LGBTQ protections in the nation's labor and civil ...

February 25, 2021

Texas energy CEO apologizes after blackout

The head of a major Texas energy corporation appeared before lawmakers and apologized for a blackout during a deadly winter ...

February 25, 2021

Game on, again: GameStop surges and no one truly knows why

Wall Street's GameStop saga won't stop. After weeks of going dormant, shares of GameStop have suddenly shot higher again, ...

February 25, 2021

Bicameral group push for LGBTQ protections bill

Bicameral Democratic group join forces on Capitol Hill to push through a bill that would enshrine LGBTQ protections in the ...

February 25, 2021

Watchdog reviews complaint about FBI surveillance warrant

The Justice Department's internal watchdog is reviewing a former Boeing engineer's allegations that he was unfairly ...

February 25, 2021

Digital exchange Coinbase takes a step toward going public

Coinbase has filed papers with U.S. regulators to become a publicly traded company as digital currencies continue to march ...

February 25, 2021

Biden revokes Trump orders on 'anarchist' cities and more

President Joe Biden on Wednesday formally revoked a series of presidential orders and memorandum signed by Donald Trump, ...

February 25, 2021

Federal watchdog blasts FAA over certification of Boeing jet

Federal auditors say U.S. regulators didn’t understand a flight-control system that played a role in two deadly crashes of ...

February 25, 2021

Buffett's right-hand man says US stock market is overvalued

Investor Warren Buffett's right-hand man says the U.S. stock market is overvalued, but he doesn't know when the bubble will ...

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