Economy News

January 22, 2020

Air bag woes force Honda, Toyota to recall 6M vehicles

Two different air bag glitches have forced Toyota and Honda to recall over 6 million vehicles worldwide, and both problems ...

January 22, 2020

US home sales soared 3.6% in December

U.S. home sales climbed 3.6% in December, but a record-low inventory of houses on the market has caused prices to surge as ...

January 22, 2020

Johnson & Johnson posts higher sales, big 4Q profit jump

Higher prescription drug sales and lower legal costs drove Johnson & Johnson's fourth-quarter profit 32% higher. The world's ...

January 22, 2020

WWII-era ammunition found at Tesla factory site near Berlin

Authorities in Germany say 85 kilograms (187 pounds) of World War II ammunition have been found on the site where Tesla plans ...

January 22, 2020

Images of starving lions in Sudan zoo spark global concern

At an impoverished, forlorn zoo in Sudan’s capital, the park's few remaining lions are starving in rusted cages — their ribs ...

January 22, 2020

Cyprus: Turkey may have stolen data for latest gas drilling

Turkey may have stolen technical data that enabled it send a drill ship at a specific location south of Cyprus that energy ...

January 22, 2020

Britain's EU Journey: When it signed up, 16 years late

Britain officially leaves the European Union on Jan. 31 after a debilitating political period that has bitterly divided the ...

January 22, 2020

United Airlines boosts profit on more revenue, cheaper fuel

United Airlines reported Tuesday that higher revenue and cheaper fuel helped boost its fourth-quarter profit by nearly 40%, ...

January 21, 2020

Boeing doesn't expect Max jet to be cleared until summer

Boeing said Tuesday that it doesn't expect federal regulators to approve its changes to the grounded 737 Max until this ...

January 21, 2020

Las Vegas Sands, PetMed fall; Peoples Bancorp rises

Stocks that moved heavily or traded substantially on Tuesday: Delta Air Lines, Inc., down $1.69 at $60.34. Airlines and ...

January 21, 2020

Allegations bite into business of 'Africa's richest woman'

Portuguese bank EuroBic said it will stop doing business with companies and people linked to its main shareholder Isabel dos ...

January 21, 2020

UK's Lords slam government's Brexit bill over child migrants

Britain’s Parliament has Prime Minister Boris Johnson to rethink part of his key Brexit bill and restore a promise to reunite ...

January 20, 2020

Tesla disputes claims its cars can accelerate on their own

Tesla is disputing claims by a California man that all three models of the company's cars can suddenly speed up on their own ...

January 20, 2020

Boris Johnson's Brexit bill hits last-minute hiccup

British Prime Minister Boris Johnson’s Brexit plans hit a hurdle Monday when Parliament’s upper chamber told the government ...

January 20, 2020

Signs point up for small manufacturers, home remodelers

Recent economic indicators point to an easier time ahead for small manufacturers and companies in the home remodeling ...

January 20, 2020

IMF: Low rates and reduced trade tension to aid world growth

Low interest rates and reduced trade tensions will likely buoy the global economy over the next two years and help nurture ...

January 19, 2020

Cyprus blasts 'pirate state' Turkey's new gas drilling bid

Cyprus on Sunday denounced Turkey as a “pirate state" that flouts international law as Turkey's bid to drill for natural gas ...

January 18, 2020

Rare coin of Britain's King Edward VIII fetches record $1.3M

One of the world's rarest coins, a gold piece bearing the image of Britain's King Edward VIII before his abdication, has sold ...

January 18, 2020

Lebanon police fire tear gas at protesters amid Beirut riots

Riot police fired tear gas and sprayed water cannon near parliament in Lebanon's capital Saturday to disperse thousands of ...