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Economy News

January 24, 2020
Ex-pharmaceutical exec gets 5 1/2 years for pushing opioid
The founder of an Arizona pharmaceutical company was ordered to spend 5 1/2 years in prison Thursday for orchestrating a ...
January 24, 2020
1st stage of Huawei exec extradition hearing ends
A Canadian judge said Thursday she will announce her decision at a later date after she ended the first phase of an ...
January 24, 2020
Mario meet Hulk: Nintendo park coming to Universal Orlando
Harry Potter and Hulk: Welcome your new neighbors, Mario and Pokemon. A fourth park at Universal Orlando is being created ...
January 23, 2020
First stage of extradition hearing for top Huawei exec ends
A Canadian judge said Thursday she will announce her decision at a later date after ending the first phase of an extradition ...
January 23, 2020
Grounded Boeing jet holds back profits, growth at airlines
The three big U.S. airlines that own Boeing 737 Max jets don’t expect the grounded plane back in their fleets until after the ...
January 23, 2020
Ex-pharmaceutical exec to be sentenced for pushing opioid
The founder of an Arizona pharmaceutical company arrived at federal court in Boston on Thursday to be sentenced for ...
January 23, 2020
Next stop, Brexit: Britain's EU divorce bill becomes law
Britain’s delayed and disputed Brexit bill became law on Thursday, removing the last U.K. obstacle to the country leaving the ...
January 23, 2020
New internet customers boost Comcast 4th-quarter profit
Comcast continued adding internet customers in the fourth quarter, helping lift its net income 26%. The Philadelphia company, ...
January 23, 2020
Cyprus backtracks on claim Turkey stole offshore gas data
Cyprus' government spokesman backpedaled Thursday on a claim that Turkey may have stolen technical data to pinpoint a target ...
January 23, 2020
American Airlines profit rises 27% on strong travel demand
American Airlines' fourth-quarter profit rose 27% to $414 million on strong travel demand that resulted in record occupancy ...
January 23, 2020
Angola seeks Portugal's help in major corruption case
Angola’s attorney general arrived Thursday in Portugal to ask his country’s former colonial ruler for help investigating a ...
January 23, 2020
Switzerland mints world's smallest gold coin
No joke: Switzerland has minted a gold coin so small you'd need to look very closely to see Albert Einstein sticking out his ...
January 22, 2020
IBM, Express rise; Netflix, Baker Hughes fall
Stocks that moved heavily or traded substantially on Wednesday: Netflix Inc., down $12.11 at $326. The streaming video ...
January 22, 2020
'Africa's richest woman' now a formal suspect in graft probe
Africa's reputed richest woman is a formal suspect in an investigation into mismanagement and the siphoning off of funds ...
January 22, 2020
Watchdog files FEC complaint against pro-Sanders nonprofit
The watchdog group Common Cause filed a complaint with the Federal Election Commission on Wednesday, alleging that Our ...
January 22, 2020
Canada justice dept. lawyer says Huawei exec committed fraud
A Canadian justice department lawyer said Wednesday that fraud, not sanctions, is the crucial element for a judge to consider ...
January 22, 2020
Air bag woes force Honda, Toyota to recall 6M vehicles
Two different air bag glitches have forced Toyota and Honda to recall over 6 million vehicles worldwide, and both problems ...
January 22, 2020
US home sales soared 3.6% in December
U.S. home sales climbed 3.6% in December, but a record-low inventory of houses on the market has caused prices to surge as ...
January 22, 2020
Johnson & Johnson posts higher sales, big 4Q profit jump
Higher prescription drug sales and lower legal costs drove Johnson & Johnson's fourth-quarter profit 32% higher. The world's ...
January 22, 2020
WWII-era ammunition found at Tesla factory site near Berlin
Authorities in Germany say 85 kilograms (187 pounds) of World War II ammunition have been found on the site where Tesla plans ...
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