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Economy News

July 16, 2019
Johnson & Johnson 2Q profit jumps 42% despite lower sales
Johnson & Johnson posted slightly lower sales across much of its business in the second quarter, but a big one-time gain and ...
July 16, 2019
Turkey says ship attacked off Nigeria, 10 crew kidnapped
Turkey's state-run news agency says an armed gang has attacked a Turkish cargo ship off the coast of Nigeria and kidnapped ...
July 16, 2019
Goldman Sachs 2Q profit declines 6%, but beats estimates
Goldman Sachs said its second quarter profit fell 6% from a year earlier, as the Wall Street firm saw declines across most ...
July 16, 2019
JPMorgan Chase posts $9.7 billion profit, beating estimates
Banking giant JPMorgan Chase & Co. said Tuesday that its second quarter profits grew by 16% from a year ago, helped by lower ...
Paul Njoroge
July 16, 2019
Man whose family died in Boeing 737 Max crash: Scrap the jet
A man who lost his wife, mother-in-law and three young children in the crash of a 737 Max in Ethiopia says Boeing should ...
July 16, 2019
China asks for 'friendly consultation' in Malaysia dispute
China's government expressed hope Tuesday that Malaysia's dispute with a state-owned Chinese company building two ...
July 16, 2019
Boeing jet trouble leads to cuts at Europe's busiest airline
Europe's biggest airline, budget carrier Ryanair, will cut flights and close some of its bases beginning this winter because ...
July 16, 2019
Asian shares mixed in lackluster trading, Nikkei falls 0.6%
Asian shares were little changed and mixed in quiet trading Tuesday amid a lack of fresh market-moving news as investors ...
Steve Mnuchin
July 16, 2019
Treasury chief: Facebook currency plan ripe for illicit use
The Trump administration came out strongly Monday against Facebook's ambitious plan to create a new digital currency, as the ...
July 15, 2019
Trump signs order to make American-made goods more American
President Donald Trump signed an executive order Monday that will require federal agencies to purchase products using more ...
July 15, 2019
Harris blasts, and takes money from, Epstein's law firm
Kamala Harris bemoaned the influence of the powerful and connected elite last Tuesday when she called on top Justice ...
July 15, 2019
Atlantia chosen to help relaunch Italy's Alitalia airline
The state railway running Italy's Alitalia airline chose the Atlantia group of the Benetton empire as the final partner to ...
July 15, 2019
China's growth cools further as tariff war pressures mount
China's economic growth sank to its lowest level in at least 26 years in the quarter ending in June, adding to pressure on ...
July 15, 2019
Citigroup profits rise 7%, helped by higher interest rates
Banking conglomerate Citigroup said its second quarter profits rose by 7% from a year ago, helped by higher interest rates, ...
July 15, 2019
SKorea leader says Tokyo's trade curbs will hurt Japan more
In his strongest comments yet on a growing trade dispute, South Korea's president urged Japan on Monday to lift recently ...
July 15, 2019
Taiwan party picks mayor over ex-Foxconn chief for 2020 run
Taiwan's main opposition party picked a pro-China populist mayor Monday as its candidate for the 2020 presidential race ...
July 14, 2019
American Airlines extends Boeing plane flight cancellations
American Airlines said Sunday that it will keep the Boeing 737 Max plane off its schedule until Nov. 3, which is two months ...
July 14, 2019
British activist readies legal bid over no-deal Brexit
An anti-Brexit activist who won a major legal case against the British government said Sunday she will go to court again if ...
July 14, 2019
Clashes erupt as Hong Kong protest targets Chinese traders
Violent clashes broke out after several thousand people marched in Hong Kong against traders from mainland China in what is ...
July 13, 2019
Guatemala seen as ill-prepared to absorb US-bound refugees
A potential agreement with Washington to turn Guatemala into a "safe third country" for asylum seekers has the Guatemalan ...
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