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Economy News

Energy milestone: Florida utility topples last coal chimney

Florida Power & Light imploded the towering chimney stack of its last coal-fired generating plant on Wednesday, a milestone ...

China releasing metals stockpiles in bid to cool inflation

The Chinese government said Wednesday that it will release copper, aluminum and zinc from stockpiles to increase market ...

Southern Baptists' new leader: long career as bridge builder

As ideological divisions wracked the Southern Baptist Convention this year ahead of a pivotal national meeting, one of the ...

MacKenzie Scott, citing wealth gap, donates $2.7 billion

MacKenzie Scott, the billionaire philanthropist known for her unexpected multi-billion dollar donations to charities and ...

Satellite sees smoke plume from Illinois fire

Satellite images showed a smoke plume stretching miles from a burning northern Illinois chemical plant. Officials will try ...

Garland announces plans to combat domestic terror

U.S. Attorney General Merrick Garland announced the Biden administration plans to enhance its analysis of threats from ...

Harris announces $1.25 billion for community lenders

Vice President Kamala Harris announced Tuesday that the Biden administration is distributing $1.25 billion to hundreds of ...

Hong Kong watching Chinese nuclear plant after leak reported

China's government said Tuesday no abnormal radiation was detected outside a nuclear power plant near Hong Kong following a ...

Biden arrives in Geneva ahead of Putin meeting

President Joe Biden arrived in Switzerland Tuesday ahead of his Wednesday meeting with Russian President Vladimir Putin.

Ikea fined $1.3 million over spying campaign in France

A French court ordered home furnishings giant Ikea to pay some 1.1 million euros ($1.3 million) in fines and damages Tuesday ...

US industrial production up 0.8% in May, factory output 0.9%

Surging output of cars, trucks and auto parts pulled U.S. factory production up 0.9% in May. Adding utilities and mines, ...

Ford's revived Bronco rolls off the assembly line

Ford's revived Bronco SUV is rolling off the assembly line at a Michigan manufacturing facility and toward dealerships (June ...

Pioneering investor dubbed 'China's First Shareholder' dies

A former factory worker known as “China’s First Shareholder” after he amassed a fortune trading in the country’s infant ...

News executives protest Trump-era probe with Garland

Executives from CNN, The New York Times and The Washington Post met Monday with Attorney General Merrick Garland to protest ...

Operator says China nuclear plant facing 'performance issue'

The French joint operator of a Chinese nuclear plant near Hong Kong said Monday that the plant is dealing with a “performance ...

Illinois chemical plant explosion, fires prompt evacuations

An explosion at a northern Illinois chemical plant Monday morning sparked massive fires that sent flames and huge plumes of ...

Xbox premieres many games as online subscriptions

Xbox used its 90-minute online showcase on Sunday at the E3 expo to preview some 30 upcoming video games, 27 of which headed ...

Lordstown Motors' rough road continues; CEO and CFO are out

The top two executives at Lordstown Motors have resigned as problems at the Ohio electric truck startup mount. CEO Steve ...

Massive fire at Illinois chemical plant

An explosion at a chemical plant near the northern Illinois community of Rockton sparked a massive fire that sent flames and ...

Southern Baptist board OKs probe into sex abuse controversy

The president of the Southern Baptist Convention's Executive Committee said Friday it is contracting an outside firm to ...

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