Economy News

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 ...

October 27, 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 26, 2020

Sanford Health, Intermountain agree to merge organizations

Sanford Health and Intermountain Healthcare said Monday they plan to merge companies. If the deal is approved, it would unite ...

October 26, 2020

Chinese fintech could shatter records with $35B share offer

The world’s largest fintech company, China's Ant Group, will try to raise nearly $35 billion in a massive public offering of ...

October 26, 2020

7 held for suspected tanker hijack after UK commando raid

Seven stowaways seized when British naval special forces stormed an oil tanker in the English Channel have been arrested on ...

October 26, 2020

Coal magnate Robert Murray dies; he long fought regulators

Robert Murray, the board chairman of the largest privately owned U.S. coal operator, who long fought federal regulations to ...

October 26, 2020

Lee Kun-Hee, force behind Samsung’s rise, dies at 78

Lee Kun-Hee, the ailing Samsung Electronics chairman who transformed the small television maker into a global giant of ...

October 24, 2020

Compton to start guaranteed income pilot program

The city of Compton, California will give monthly cash payments to hundreds of its low-income residents starting at the end ...

October 23, 2020

AP Top Stories October 22 P

Here are the top stories for Thursday, October 22nd: U.S. jobless claims see slight drop; GOP-led Senate panel advances ...

October 23, 2020

Pence talks trade, economy at Mich. campaign stop

Vice President Mike Pence touted the administration's USMCA trade agreement with Canada and Mexico as a "win for Michigan and ...

October 22, 2020

Court: Goldman Sachs violated US anti-bribery laws

A subsidiary of Goldman Sachs pleaded guilty on Thursday and agreed to pay more than $2.9 billion in a foreign corruption ...