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Economy News

Flooding disrupts farm shipments on the Mississippi River

Normally this time of year, huge barges can be seen chugging up the Mississippi River, carrying millions of tons of grain to ...

Luckin, a Starbucks rival in China, rises in US stock debut

Shares of Luckin Coffee, a fast-growing rival to Starbucks in China, rose 20% in their U.S. stock market debut Friday.

Amazon takes top stake in UK food delivery firm Deliveroo

Amazon is investing in British meal delivery company Deliveroo, giving the online shopping behemoth a larger stake in the ...

Cuba bets on tourism as Trump restrictions take hold

The battle for Cuba's economic future is being waged on its beaches. And at its all-inclusive resorts, dive sites and ...

Trade war, heavy rains weigh on Deere & Co.

Deere cut its profit and sales expectations for the year as a trade war between the U.S. and China escalates and farmers try ...

Italy's Salvini snubs far-right label for nationalist allies

The leader of Italy's right-wing League party on Friday rejected the label "far-right" for an alliance of like-minded ...

EU extends sanctions against Assad's Syria regime for a year

The European Union is prolonging sanctions against the Syrian regime of President Bashar Assad for a year due to its ...

Markets Right Now: Stocks drop on trade worries

The latest on developments in financial markets (all times local): 9:35 a.m. Stocks are falling on Wall Street Friday as ...

South Carolina tech firm, CEO indicted on fraud charges

A South Carolina technology company and its leader are accused of fraudulently obtaining numerical internet addresses worth ...

Nissan proposing more board members, with Renault's Bollore

Nissan proposed Friday adding Renault's chief executive, Thierry Bollore, to its board, as well as several outsiders, to ...

8 people trapped in flooded mine in China's northeast

Chinese authorities say eight people remain trapped Friday in a flooded iron mine in the country's northeast. The accident ...

Asian shares mixed as Huawei sanctions stir trade fears

Asian stocks were mixed on Friday amid worries that U.S. economic sanctions on Huawei may cast a pall on trade negotiations ...

Political hero's death overshadows Australian campaign

Australia's opposition leader said he wants to win elections on Saturday for his Australian political hero whose death ...

Pinterest reports smaller 1Q loss but results drag stock

Pinterest, fresh off its initial public offering, posted a loss for the first three months of the year that was larger than ...

OxyContin

5 states announce new suits over prescription opioids

Five more state attorneys general announced legal filings Thursday seeking to hold the company that makes OxyContin ...

Walmart warns that higher tariffs will mean higher prices

Walmart warned on Thursday that higher tariffs on imports from China will mean higher prices. The comments came after the ...

Senate confirms Trump official as Justice Department deputy

The Senate has voted to confirm Jeffrey Rosen as deputy attorney general, the second-ranking official at the Justice ...

Theresa May

UK PM May promises timetable in June for her exit date

British Prime Minister Theresa May fended off pressure Thursday from Conservative Party lawmakers demanding that she set a ...

Iraqi airline set to resume flights to Syrian capital

Syria's Transport Ministry says Iraqi Airways is set to resume flights to the Syrian capital Damascus for the first time ...

US long-term mortgage rates fall; 30-year average at 4.07%

U.S. long-term mortgage rates fell slightly this week, marking a third straight week of declines as a continued inducement ...

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