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Economy News

July 24, 2019
Li Peng, Chinese premier during Tiananmen crackdown, dies
The legacy of former Chinese Premier Li Peng is reflected in modern China itself, where extended and broad-based economic ...
July 24, 2019
Boris Johnson chosen as new UK leader, now faces Brexit test
Boris Johnson, Britain's blustering Brexit campaigner, was chosen as the U.K.'s next prime minister on Tuesday, with a ...
July 24, 2019
Coke shares hit all-time high as new drinks win customers
Coca-Cola shares hit a record high after the company upped its full-year revenue expectations and said it's winning customers ...
July 24, 2019
Visa Inc. 3Q profits rise 11%, beating expectations
Payment processor Visa Inc. said Tuesday that its fiscal third quarter profits rose by an adjusted 11% from a year earlier, ...
July 23, 2019
Wisconsin tribe sues Enbridge to force pipeline removal
Members of a Native American tribe in Wisconsin filed a federal lawsuit Tuesday in hopes of forcing Enbridge Inc. to remove ...
July 23, 2019
UPS adds pickup spots at retailers, seeks to fly more drones
United Parcel Service Inc. is responding to the growth in online shopping and pressures for speedy delivery by seeking to ...
Todd Carmichael
July 23, 2019
CEO: Schools reject offer to pay students' late lunch bills
The president of a Pennsylvania school board whose district had warned parents behind on lunch bills that their children ...
July 23, 2019
BA fails to win injunction against pilots on strike action
British Airways has failed to win a temporary injunction from a U.K. court to halt strike by pilots demanding better pay.
July 23, 2019
US home sales fall 1.7% with prices high and supply low
U.S. home sales tumbled 1.7% in June, with rising prices and a scarce supply locking out many Americans from ownership.
July 23, 2019
AutoNation replaces new CEO with a new CEO
Four months after the country's largest auto dealership chain named a new chief executive to replace its longtime CEO, it's ...
July 23, 2019
Daimler welcomes investment by Chinese partner BAIC
Automaker Daimler says its Chinese partner BAIC Group has taken a 5% equity stake, a move Daimler said reinforces the ...
July 23, 2019
Channel Tunnel operator: 'no-deal' Brexit now main scenario
Channel Tunnel operator Getlink is warning that Britain's departure from the European Union without a deal is now "very ...
July 23, 2019
Colonial-era Korean laborers want Mitsubishi compensation
Colonial-era Korean forced laborers launched a legal step Tuesday to get court approval for the sale of local assets of their ...
July 23, 2019
Police investigate if crashed car was partially self-driving
A woman was arrested after running a red light in a rented Tesla in San Francisco and causing a crash that killed a tourist ...
Kyriakos Mitsotakis
July 22, 2019
After bailouts, Greece wants easier budget targets
Greece's new conservative government said it wants to ease tough budget restrictions set by bailout lenders two years ahead ...
July 22, 2019
Mother: Family will sue cruise company over toddler's death
There are "a million things" the cruise company could have done to prevent the death of an 18-month-old Indiana girl who fell ...
July 22, 2019
A quick look at business insurance for natural disasters
With earthquakes in California and Hurricane Barry striking states along the Gulf of Mexico and in the Midwest, small ...
July 22, 2019
South Korea detains 6 for illegally entering Japan consulate
South Korean police on Monday detained six people for allegedly illegally entering a Japanese diplomatic facility in South ...
July 21, 2019
South Africa's president responds to critical report
South African President Cyril Ramaphosa has announced that he will urgently challenge in court a report by the country's ...
Philip Hammond
July 21, 2019
UK Treasury chief vows to quit if Boris Johnson becomes PM
British Treasury chief Philip Hammond said Sunday that he will quit if — as widely expected — Boris Johnson becomes prime ...
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