Economy News

October 18, 2019

New Facebook oversight board results to be public, exec says

A new quasi-independent oversight board will soon make decisions on some of the most difficult questions on what material ...

October 18, 2019

FAA confronts Boeing over internal messages revealing flaws

A former senior Boeing test pilot told a co-worker that he unknowingly misled safety regulators about problems with a ...

October 18, 2019

Trump taps Perry deputy to replace him at Energy Department

President Donald Trump said Friday that he will nominate Energy Secretary Rick Perry's deputy to lead the agency when Perry ...

October 18, 2019

Wisconsin students walk out to protest racial slur firing

Students at a Wisconsin high school skipped class Friday and marched through the streets of the state capital to protest the ...

October 18, 2019

Supreme Court steps into case over consumer agency

The Supreme Court is stepping into a yearslong, politically charged fight over the federal consumer finance watchdog agency ...

October 18, 2019

Despite labor costs, GM averts financial woes of its past

A decade ago, high labor costs helped drag a bloated and debt-ridden General Motors into a government-funded bankruptcy.

October 18, 2019

Stocks slip as first big week of earnings heads to a finish

Technology companies led a slide in stocks on Wall Street Friday afternoon as investors weighed a mix of company earnings ...

October 18, 2019

The Latest: Irish PM: No guarantee EU would grant extension

The Latest on Brexit (all times local): 4:05 p.m. Irish Prime Minister Leo Varadkar has applied more pressure to British ...

October 18, 2019

Johnson returns to London to drum up support for Brexit deal

After defying expectations to win the backing of European Union leaders for his new Brexit deal , Prime Minister Boris ...

October 18, 2019

American Express 3Q profits rise 8%

American Express's third-quarter profits rose by 8%, the credit card company said Friday, as its members spent more on its ...

October 18, 2019

Global markets brush off disconcerting data out of China

Global markets largely brushed off more disconcerting economic signals from China, which on Friday reported that its economy ...

October 18, 2019

No-sugar drinks and innovations power Coke in 3Q

Coca-Cola reported strong third quarter sales as it makes strides with new drinks like Coca-Cola Plus Coffee and no-sugar ...

October 18, 2019

EU leaders rubber stamp Lagarde's ECB appointment

European Union leaders have approved the appointment of Christine Lagarde as the next president of the European Central Bank.

October 18, 2019

Italian farm lobby calls for govt aid in face of US tariffs

Italy's main farm lobby is forecasting a 20% drop in sales of Italian agricultural products targeted by new U.S. tariffs.

October 18, 2019

Asian shares fall back after China reports economy weakened

Share prices retreated in Asia after China reported Friday that its economy grew at an annual rate of 6.0% in the latest ...

October 18, 2019

GM workers to stay on picket line until vote on new contract

Striking General Motors workers will stay on the picket lines for at least another week until they vote on a tentative ...

October 18, 2019

School's out: Chicago teachers strike, 1st day deal unlikely

Striking teachers marched in picket lines outside hundreds of Chicago schools on Thursday after their union and city ...

October 18, 2019

Riots darken Catalan separatist dream of peaceful secession

For years, Catalonia's separatist movement painstakingly built an amiable image of its quest to secede from Spain: Smiling ...

October 17, 2019

The Latest: EU lawmakers might not OK Brexit deal by Oct. 31

The Latest on Brexit (all times local): 9:20 p.m. The European Parliament's chief Brexit official says the EU legislature ...

October 17, 2019

Michael Jordan Unveils Clinic He Funded

Michael Jordan gets emotional after opening a $7 million medical center in Charlotte, N.C., that he and his family funded.