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Economy News

August 22, 2018

Image-conscious China appoints new global propaganda czar

China's increasingly image-conscious government has appointed a trusted member of the ruling Communist Party to head up its ...

August 21, 2018

Kohl's puts up big 2Q numbers, raises profit outlook

Kohl's breezed past Wall Street's second-quarter profit and revenue expectations and raised its profit outlook for the year.

August 21, 2018

Edible Arrangements to move headquarters to Atlanta

The fruit bouquet company Edible Arrangements is moving its corporate headquarters from Connecticut to Georgia.

August 21, 2018

Russia displays its latest weapons at military show

Russia on Monday displayed its latest weapons at a military show aimed at attracting more foreign customers.

August 21, 2018

Herbalife distributors claim in $1B suit events were a sham

Patricia and Jeff Rodgers figured they did everything right to get rich beyond their wildest dreams selling Herbalife health ...

Mahathir Mohamad

August 21, 2018

Malaysian PM says China-financed projects canceled

Multibillion-dollar China-financed projects in Malaysia have been canceled because they aren't needed and will saddle the ...

August 21, 2018

Global shares mostly gain, focus on China-US talks, Fed

Global shares were mostly higher in subdued trading Tuesday, tracking gains in Asia despite doubts over the prospects for ...

Tep Vanny

August 21, 2018

Cambodian king pardons 4 imprisoned land rights activists

A prominent leader of Cambodia's land rights movement and three female activists imprisoned with her were freed Monday under ...

Michael Cohen

August 21, 2018

AP sources: Prosecutors preparing charges against Cohen

Michael Cohen, President Donald Trump's former personal lawyer, could be charged before the end of the month with bank fraud ...

Elon Musk

August 21, 2018

Experts say Tesla board may have too many ties to CEO Musk

For years, Tesla's board remained almost invisible, staying behind the curtain as superstar Chairman and CEO Elon Musk guided ...

August 20, 2018

Frustration rules as Venezuela unveils new currency

Saul Jimenez just wanted to buy bread from his neighborhood bakery in Venezuela's capital on Monday. It did not go well.

August 20, 2018

PepsiCo buys SodaStream for $3.2 billion

PepsiCo bought carbonated drink maker SodaStream for $3.2 billion on Monday, a move the beverage giant hopes will further ...

August 20, 2018

Conoco says Venezuela will pay $2 billion arbitration award

U.S. oil giant ConocoPhillips says it has reached an agreement with Venezuela*s state-owned oil company to recover nearly $2 ...

August 20, 2018

New premier Imran Khan pledges to restore Pakistan's economy

Prime Minister Imran Khan said in his first televised speech in office that Pakistan is in the worst economic condition it ...

August 19, 2018

Venezuelans jittery ahead of sudden economic reforms

Residents across Venezuela's capital spent a nervous weekend bracing for dramatic measures that President Nicolas Maduro has ...

August 18, 2018

US regulators target Facebook on discriminatory housing ads

Federal regulators are alleging that Facebook's advertising tools allow landlords and real estate brokers to engage in ...

August 18, 2018

Peru, Ecuador tighten requirements for Venezuela migrants

Two South American nations are stiffening entry requirements for the flood of Venezuelans fleeing their nation's economic and ...

August 17, 2018

Nigeria construction site collapses, trapping several people

Nigerian rescue officials say they are working to pull out a number of people trapped under the rubble of a collapsed ...

August 17, 2018

Vegas victims' attorneys criticize MGM's legal maneuver

Attorneys for a group of victims of the Las Vegas mass shooting harshly criticized MGM Resorts International this week over ...

August 17, 2018

Walmart sees sales rise at stores and online, raises outlook

Walmart raised its financial outlook for the year on Thursday after beating Wall Street's expectations for the quarter and ...

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