Economy News

October 30, 2020

Lithuania upset over soon-to-open Belarus nuke plant

The Baltic nation of Lithuania sent a protest note Tuesday to Belarus over a planned nuclear power plant close to their ...

October 30, 2020

Qatar: Officials behind women exams referred to prosecutors

Qatar said Friday it referred officials at its international airport to prosecutors for possible charges after women aboard ...

October 30, 2020

Chinese promise market opening amid technology push

China will promote “technological self-reliance” under the ruling Communist Party’s latest five-year plan but will open ...

October 30, 2020

American Muslims eye high turnout in 2020

American Muslims are encouraging others to go to the polls and more are running for office even as they battle Islamaphobia ...

October 30, 2020

Tech giants report strong results, but murky outlooks

Five technology giants reported strong earnings but mixed outlooks Thursday, a sign of varying fortunes as they work to ...

October 29, 2020

Starbucks sales recover faster than expected in US, China

Starbucks saw faster-than-expected recovery in the U.S. and China in its fiscal fourth quarter, giving it confidence as it ...

October 29, 2020

NYC mayor mum on review of proposed Mets sale

New York City Mayor Bill de Blasio deflected questions Thursday about whether he wants to block the sale of the New York Mets ...

October 29, 2020

Pending home sales cool in September, down 2.2%

The pending sales of existing homes fell 2.2% in September, the National Association of Realtors said Thursday, the first ...

October 29, 2020

Marvell snags Inphi in yet another semiconductor tie-up

The pace of consolidation in the semiconductor industry continues to accelerate with Marvell Technology saying Thursday that ...

October 29, 2020

S. Korea's top court upholds ex-leader's 17-year jail term

South Korea’s top court upheld a 17-year prison sentence on former President Lee Myung-bak for a range of corruption crimes ...

October 28, 2020

Toyota adds 1.5M US vehicles to recalls for engine stalling

Toyota is adding 1.5 million U.S. vehicles to recalls from early this year to fix fuel pumps that can fail and cause engines ...

October 28, 2020

General Electric's 3Q adjusted profit surprises Wall Street

General Electric narrowed its losses in its third quarter as it trimmed expenses and managed to post an adjusted profit that ...

October 27, 2020

Insider Q&A: Google's Annie Jean-Baptiste on inclusion

As the head of product inclusion at Google, Annie Jean-Baptiste works to help ensure that the company’s products -- from ...

October 27, 2020

Pfizer tops 3Q earnings views, makes progress on COVID shot

Drugmaker Pfizer, one of the leaders in the race to develop a COVID-19 vaccine, is tweaking its timeline for when it will ...

October 27, 2020

Trump campaigns at rain-soaked Michigan rally

President Donald Trump has started a busy day of campaigning with a cold, rain-soaked rally in Lansing, Michigan.

October 27, 2020

5th former eBay employee pleads guilty in harassment scheme

A former supervisor of security operations for eBay Inc.'s European and Asian offices pleaded guilty Tuesday to his role in ...

October 27, 2020

Video app TikTok leans into e-commerce with Shopify deal

The popular short-form video app TikTok, still under U.S. government scrutiny for its Chinese ownership, is moving closer to ...

October 27, 2020

As world goes online in pandemic, another mammoth chip deal

Advanced Micro Devices is buying Xilinx for $35 billion in an all-stock deal that will combine the two Silicon Valley chip ...

October 27, 2020

September factory orders up 1.9%, economists see risks ahead

Orders to U.S. factories for big-ticket manufactured goods rose a stronger-than-expected 1.9% in September with a key ...