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Economy News

October 22, 2019
High prices drove US home sales down 2.2% in September
U.S. home sales fell 2.2% in September, as rising home prices and lower inventories have stifled homebuyers. The National ...
October 22, 2019
Lebanon PM seeks foreign support for reforms amid protests
Lebanon's embattled prime minister sought international support Tuesday for a sweeping economic reform package announced a ...
October 22, 2019
Report: SoftBank to take control of WeWork
The Wall Street Journal is reporting that WeWork is being taken over by the Japanese tech conglomerate that invested billions ...
October 22, 2019
Under Armour founder Kevin Plank relinquishes CEO post
Under Armour founder Kevin Plank will step down as CEO in the new year to become the company's executive chairman and brand ...
October 22, 2019
Johnson says he'll pull Brexit bill if lawmakers force delay
British Prime Minister Boris Johnson was headed for a showdown Tuesday with lawmakers who want to put the brakes on his drive ...
October 22, 2019
The Latest: British PM warns of new election if bill nixed
The Latest on Brexit (all times local): 2:35 p.m. Prime Minister Boris Johnson says that if lawmakers reject his accelerated ...
October 22, 2019
AP-NORC/SAP poll: Some workers changing actions amid #MeToo
Barbara Myers started work as an apprentice electrician in 1995, and over the years she learned to shoot back sexual banter ...
October 22, 2019
McDonald's comparable-store sales feed on deliveries
Surging demand for delivery is pushing comparable-store sales higher at McDonald's, but it's coming at a cost.
October 22, 2019
Swiss file their 1st charges in Petrobras-Odebrecht scandal
Swiss prosecutors have filed their first indictment in investigations related to Brazilian construction company Odebrecht and ...
October 22, 2019
UK lawmaker challenges Facebook on political ads
An influential British lawmaker challenged Facebook's new effort to safeguard elections on Tuesday, warning that they will ...
October 22, 2019
Demand for fast, online delivery drives UPS 3Q
UPS is reporting strong third quarter earnings with e-commerce driving volumes higher, particularly next-day service.
October 22, 2019
Delivery food fight: Just Eat rejects another takeover offer
Food delivery company Just Eat rejected Tuesday a takeover proposal from investment firm Prosus, saying that the 4.
October 22, 2019
French president kicks off trip to overseas territories
French President Emmanuel Macron has vowed to combat illegal immigration on the French island of Mayotte in the Indian Ocean.
October 22, 2019
Fire at New Zealand construction site sends smoke over city
A large fire that broke out Tuesday on the roof of a convention center that's under construction in downtown Auckland sent ...
October 22, 2019
Union official: Fired Wisconsin school guard gets job back
A Wisconsin school district is rehiring a black security guard after he was fired last week for repeating a racial slur while ...
October 22, 2019
Chicago teacher strike cancels classes a 3rd day
More than 300,000 public school students in Chicago are getting another day off as contract talks continue between the ...
October 21, 2019
$260 million deal averts 1st federal trial on opioid crisis
The nation's three biggest drug distributors and a major drugmaker agreed to an 11th-hour, $260 million settlement Monday ...
October 21, 2019
New blow to Johnson's Brexit plan after vote on deal blocked
Britain faced another week of grinding political gridlock after Prime Minister Boris Johnson was denied a chance Monday to ...
October 21, 2019
Saks owner Hudson's Bay to go private
Hudson's Bay, the owner of Saks Fifth Avenue, is being taken private by a group of its shareholders that will try to revive ...
October 21, 2019
Stocks rise as investors focus on earnings; Boeing drops
Stocks moved broadly higher on Wall Street Monday afternoon as investors watch the latest corporate earnings and developments ...
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