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Economy News

January 20, 2021
Morgan Stanley profits rise 48%, helped by strong markets
Morgan Stanley saw its fourth-quarter profits surge 48% from a year earlier, as the Wall Street bank benefited from the ...
January 20, 2021
Turkish pilots, official face 12 years jail for Ghosn flight
Turkish prosecutors on Wednesday sought the maximum possible 12 years in prison each for a Turkish private airline official ...
January 20, 2021
Alabama museum to restore full-sized mockup of space shuttle
The U.S. Space & Rocket Center in Alabama announced plans Tuesday to restore the world’s only full-sized mockup of a space ...
January 20, 2021
Justice Dept. won't charge Sen. Burr over stock sales
Sen. Richard Burr said Tuesday that the Justice Department has told him it will not prosecute him over stock sales made ...
January 19, 2021
US rejects Ford, Mazda requests to avoid Takata recalls
The U.S. government's highway safety agency has rejected a request from Ford and Mazda to avoid recalling about 3 million ...
January 19, 2021
Cuomo: NY will sue Feds if virus aid doesn't come
NY Gov. Andrew Cuomo has proposed two state budgets. One if the state gets what Cuomo calls New York's "fair share" of ...
January 19, 2021
Workers trapped week in China mine ask for pickles, porridge
Workers trapped for more than a week in a Chinese gold mine asked for pickles and porridge to be dropped to them while they ...
January 18, 2021
Carmaker Stellantis shares jump in Milan, Paris on first day
Stellantis, the car company combining PSA Peugeot and Fiat Chrysler, was launched Monday on the Milan and Paris stock ...
January 18, 2021
SKorean court gives Samsung scion prison term over bribery
Billionaire Samsung scion Lee Jae-yong was sent back to prison on Monday after a South Korean court handed him a two and a ...
January 18, 2021
Biden faces unrivaled challenges as he takes oath
When President-elect Joe Biden takes the oath of office Wednesday, he'll immediately face an almost unparalleled series of ...
January 18, 2021
12 workers trapped week ago in China mine blast are alive
Chinese state media say 12 out of 22 workers trapped for a week by an explosion in a gold mine are alive, as hundreds of ...
January 17, 2021
Insider Q&A: Mark Weinstein, MeWe's anti-Facebook CEO
Some users have fled Facebook and Twitter after the platforms booted President Donald Trump and some of his confederates for ...
January 17, 2021
Cargo ship sinks in the Black Sea; 3 dead, 6 rescued
A cargo ship sank off Turkey's Black Sea coast on Sunday, leaving at least three people dead, Turkish authorities said.
January 17, 2021
Banking heir Benjamin de Rothschild dies at 57
Benjamin de Rothschild, who oversaw the banking empire started by his father in 1953, has died. He was 57. The Edmond de ...
January 16, 2021
Nestlé recalls 762,000 pounds of pepperoni Hot Pockets
Nestlé Prepared Foods is recalling more than 762,000 pounds of pepperoni Hot Pockets, the U.S. Department of Agriculture’s ...
January 16, 2021
GM to build electric delivery vans in Canada
General Motors plans to spend $800 million to turn a Canadian SUV plant into one that will make electric delivery vans.
January 16, 2021
Haiti braces for unrest as opposition demands new president
Flying rocks. Burning tires. Acrid smoke. Haiti braced for a fresh round of widespread protests starting Friday, with ...
January 15, 2021
Pence remembers Chuck Yeager at W.Va. service
Vice President Mike Pence traveled to Charleston, West Virginia Friday to deliver remarks at a public celebration for the ...
January 15, 2021
Citigroup 4Q profit down 7%, revenue drops by 10%
Banking conglomerate Citigroup said its fourth quarter profits fell by 7%, but like its competitor JPMorgan Chase, the bank ...
January 15, 2021
December wholesale prices up 0.3% with sharp jump in energy
U.S. wholesale prices rose 0.3% in December led by a the biggest jump in energy costs since June. The Labor Department ...
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