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Economy News

Shigehisa Takada
June 26, 2017
Air bag recalls, lawsuits lead Takata to file for bankruptcy
Japanese air bag maker Takata Corp. says it had to file for bankruptcy protection in Tokyo and the U.S. to ensure it could ...
June 26, 2017
China sentences 3 Australian Crown Resorts staff to prison
Australian and Chinese employees of a casino company on Monday pleaded guilty to charges relating to gambling and the three ...
June 26, 2017
Over 150 dead as overturned fuel truck explodes in Pakistan
Alerted by an announcement over a mosque's loudspeaker that an overturned tanker truck had sprung a leak, scores of villagers ...
June 26, 2017
The Latest: 3 Australian Crown Resorts employees sentenced
The Latest on the criminal trial of Australian and Chinese casino workers in a Chinese court (all times local): 1:30 p.m.
June 26, 2017
'Pharma Bro' defies advice to keep quiet before fraud trial
"Pharma Bro" just won't keep his mouth shut. Even with his federal securities fraud trial set to begin Monday, Martin Shkreli ...
Shigehisa Takada
June 26, 2017
Takata files for bankruptcy, overwhelmed by air bag recalls
Japanese air bag maker Takata Corp. filed for bankruptcy protection in Tokyo and the U.S. on Monday, saying it was the only ...
June 26, 2017
UK: All samples from high-rise towers fail fire safety tests
The list of high-rise apartment towers in Britain that have failed fire safety tests grew to 60, officials said Sunday, ...
June 25, 2017
Italy giving 5.2B euros in resources to keep 2 banks open
The Italian government on Sunday made 5.2 billion euros ($5.8 billion) of resources immediately available to keep operative ...
June 25, 2017
The Latest: 153 killed in Pakistan tanker fire
The Latest on an oil tanker fire in Pakistan that killed more than 140 people (all times local): 12:20 a.m. An announcement ...
June 24, 2017
Bahrain newspaper, shut down by government, lays off staff
A prominent independent newspaper in Bahrain earlier shut down by the government as part of a crackdown on dissent has laid ...
June 24, 2017
Italian PM 'guarantees' savers' accounts in 2 troubled banks
Italy's premier says holders of accounts in two troubled Italian banks will have their savings guaranteed despite insolvency ...
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June 24, 2017
Trump OKs Drones to India Ahead of Modi Visit
The Trump administration has authorized the sale of unarmed surveillance drones to India, the manufacturer said Friday, as ...
Lesley McSpadden, Lezley McSpadden, Michael Brown, Sr.
June 23, 2017
Ferguson attorney: Brown family settlement $1.5 million
The $1.5 million awarded this week to the parents of Michael Brown is the latest of several large settlements involving ...
June 23, 2017
Sears closes another 20 stores
Sears is closing another 20 stores as the ailing retailer tries to turn around its business. Real estate investment trust ...
John Parisi, Charles Boeddinghaus
June 23, 2017
US indexes inch higher as energy stocks claw from the hole
U.S. stock indexes nudged higher Friday after energy companies clawed back some of their sharp losses from earlier in the ...
June 23, 2017
Honda denies covering up dangers of Takata air bags
Honda is going public in an effort to debunk claims by lawyers that it knew about the hazards of exploding Takata air bag ...
June 23, 2017
Italian farmers alarmed as dry spell prompts water rationing
Italy's farm lobby is warning that agricultural production is plummeting nationwide because of prolonged heat and dry weather ...
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June 23, 2017
Manslaughter Charges Eyed in Deadly UK Tower Fire
Police are considering filing manslaughter charges related to the fire at a west London apartment tower that killed at least ...
June 23, 2017
New homes sales rebounded 2.9 percent in May
Sales of new homes rebounded in May, helped by strong sales gains in the South and West. Sales new single-family homes rose 2
June 23, 2017
Corruption, economic crisis overshadow Mongolian election
Mongolians will vote for a new president on Monday in a race pitting a horse salesman against a former judo star and a ...
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