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Economy News

October 16, 2019
Asian shares rise after Wall Street gain on solid earnings
Asian shares were mostly higher Wednesday after a Wall Street rally driven by healthy earnings reports from U.S. companies.
October 16, 2019
Fuel storage tanks up in flames near San Francisco
A fire at an oil storage facility in the San Francisco Bay Area prompted a hazardous materials emergency Tuesday afternoon ...
October 16, 2019
The Latest: Pelosi says 'all roads seem to lead to Putin'
The Latest on President Donald Trump and the House impeachment inquiry (all times local): 8 p.m. House Speaker Nancy Pelosi ...
October 16, 2019
Intel to pay $5M to settle pay discrimination allegations
The Labor Department says it has reached a $5 million settlement with chip maker Intel Corp. over allegations of pay ...
October 15, 2019
Justices seem likely to uphold Puerto Rico oversight board
The Supreme Court seems likely to leave in place the oversight board established by Congress to help Puerto Rico out of a ...
October 15, 2019
End in sight? GM CEO Barra joins talks with striking union
General Motors CEO Mary Barra joined negotiators at the bargaining table, an indication that a deal may be near to end a ...
October 15, 2019
The Latest: Riot police break up unruly Barcelona protest
The Latest on Catalan protests and politics (all times local): 9:25 p.m. A line of riot police has charged a mass of ...
October 15, 2019
JPMorgan Chase 3Q profits up 8% but loan growth slows
JPMorgan's third-quarter profit grew 8% thanks to higher interest rates and strong performance at its investment banking ...
October 15, 2019
French firefighters protest working conditions, low pay
Thousands of French firefighters marched through Paris on Tuesday against low pay for a risky job in a protest that ended in ...
October 15, 2019
The Latest: Scottish party won't accept Brexit plans
The Latest on Brexit (all times local): 7:45 p.m. The leader of the independence-minded Scottish National Party says her ...
October 15, 2019
UnitedHealth hikes annual forecast, offers glimpse into 2020
UnitedHealth Group raised its 2019 forecast and detailed another better-than-expected quarter Tuesday, but shares soared ...
October 15, 2019
IMF welcomes attempt to resolve dispute in Ecuador
The International Monetary Fund said Tuesday it welcomes the decision by Ecuadorian President Lenín Moreno to cancel an ...
October 15, 2019
Higher 3Q profit, improved outlook for Johnson & Johnson
Johnson & Johnson's third-quarter profit jumped 23%, beating Wall Street forecasts, thanks to higher sales of its key ...
October 15, 2019
Wells Fargo 3Q profit falls 23%, revenue rises slightly
Wells Fargo's net income in the third quarter fell 23% to $4.61 billion, as the banking giant struggles to get past scandals ...
October 15, 2019
Citigroup: 3Q Earnings Snapshot
Citigroup Inc. on Tuesday reported higher third-quarter earnings, driven by a lower effective tax rate and higher revenue, ...
October 15, 2019
Goldman Sachs 3Q profit falls 26%, short of expectations
Goldman Sachs had a 26% decline in third quarter profits, the bank said Tuesday, as Goldman took losses on some of its public ...
October 15, 2019
Climate activists in London shift site but keep up protests
Climate protesters in London plan to keep up their campaign despite being ousted by a police order from their Trafalgar ...
October 15, 2019
Hong Kong's leader: Territory not becoming a police state
Hong Kong's leader said Tuesday that "it's totally irresponsible and unfounded" to suggest the semi-autonomous Chinese ...
October 15, 2019
Report: Deutsche Bank gave lavish gifts to China's leaders
German newspaper Sueddeutsche Zeitung reports that Deutsche Bank gave expensive gifts to senior Chinese officials at a time ...
October 14, 2019
If political talk disrupts a workplace, bosses must step in
With the next presidential election a little over a year away, small business owners will likely start seeing employees ...
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