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Economy News
December 12, 2019
UK exit poll suggests majority for Johnson's Conservatives
An exit poll in Britain’s election projected Thursday that Prime Minister Boris Johnson’s Conservative Party would likely win ...
December 12, 2019
Boeing executives meet with head of FAA over grounded plane
Two top Boeing executives met Thursday with Federal Aviation Administration chief Stephen Dickson amid signs of further ...
December 12, 2019
Southwest to share $125M from Boeing settlement with workers
Southwest Airlines will share about $125 million with its employees after reaching a partial settlement with Boeing over ...
December 12, 2019
US long-term mortgage rates rise; 30-year loan at 3.73%
U.S. long-term mortgage rates rose this week. Still, rates remain at historically low levels as a lure to prospective ...
December 12, 2019
Happy contrails ... Delta sees strong 2020 profit, revenue
Delta Air Lines, the most profitable U.S. carrier, expects profits and revenue to increase next year on sustained demand for ...
December 12, 2019
Saudi Aramco inches near $2 trillion in day 2 of trading
Shares in Saudi Aramco gained on the second day of trading Thursday, propelling the oil and gas company to a near $2 trillion ...
December 12, 2019
Wholesale prices unchanged in November as energy prices cool
U.S. wholesale prices were unchanged in November as the rise in energy costs slowed following a big gain in the previous ...
December 12, 2019
Ex-Turkish prime minister forms party challenging Erdogan
A former Turkish prime minister established a new political party on Thursday, in a move that represents a challenge to ...
December 12, 2019
Wealthy German family gives millions to Holocaust survivors
One of Germany’s richest families, which owns Krispy Kreme Doughnuts, Pret A Manger and other international brands, is giving ...
December 12, 2019
EU to boost measures to protect trade after WTO impasse
The European Union says it is taking measures to protect its trade interests in the ongoing row with the United States over ...
December 12, 2019
Weinstein reaches tentative $25M deal with accusers
A tentative $25 million settlement revealed Wednesday to end nearly every sexual misconduct lawsuit brought against Harvey ...
December 12, 2019
Toyota North America CEO Jim Lentz to retire after 38 years
He was the face of Toyota in the U.S. during the automaker's unintended-acceleration crisis. He steered it through the Great ...
December 11, 2019
Saudi stock offering creates world's most valuable company
Saudi Arabian oil company Aramco surpassed Apple as the world's most valuable public company Wednesday when its shares made ...
December 11, 2019
Leaders scramble for final votes as UK's ugly election ends
Britain’s election has been like the country’s late-autumn weather: chilly and dull, with blustery outbursts. On the last day ...
December 11, 2019
Firm hands out $10M in holiday bonuses to 198 employees
A commercial real estate developer is handing out a total of $10 million in bonuses to its 198 employees. WTOP reported ...
December 11, 2019
FAA analysis predicted many more Max crashes without a fix
After the first crash of a Boeing 737 Max last year, federal safety officials estimated that there could be 15 more fatal ...
December 11, 2019
Former Boeing manager urges plant investigation
A retired Boeing production manager told the lawmakers about “alarming” conditions at Boeing's 737 factory in Renton, ...
December 11, 2019
Parents of girl who fell to her death sue cruise company
The Indiana parents of a toddler who fell to her death out of an open cruise ship window in Puerto Rico filed a lawsuit ...
December 11, 2019
Indie booksellers persevere despite Amazon, rising costs
Pete Mulvihill has felt optimistic enough about selling books that he bought a third bookstore within the past two months.
December 11, 2019
YouTube cracks down on racist, sexist and similar insults
YouTube is taking another step to curb hateful and violent speech on its site. The video streaming company said it will now ...
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