Economy News

January 18, 2019

May's foes gather as Britain's Brexit stalemate drags on

Talks to end Britain's Brexit stalemate appeared deadlocked Friday, with neither Prime Minister Theresa May nor the main ...

January 18, 2019

The Latest: Johnson urges May to use Brexit loss as leverage

The Latest on Brexit (all times local): 11:45 a.m. Former British foreign secretary Boris Johnson has urged Prime Minister ...

January 18, 2019

Ryanair lowers profit forecast amid tough competition

Budget airline Ryanair, Europe's biggest carrier by passengers, has warned its profits will be lower than expected — the ...

January 18, 2019

Talks resume in effort to end strike by LA teachers

A new round of contract negotiations started Thursday between Los Angeles school district officials and a teachers union as ...

January 18, 2019

Netflix's solid 4Q eclipsed by projected slowing US growth

Netflix's video streaming service added more subscribers than ever during the crucial holiday season, but the company ...

January 18, 2019

Sears creditors challenge hedge fund chairman's winning bid

A group of Sears creditors are challenging Chairman Eddie Lampert's hedge fund's winning $5.2 billion bid to buy the business ...

January 17, 2019

Airports, customs, trade: Europe preps for a chaotic Brexit

One by one, European Union nations are spending millions, hiring thousands of workers and issuing emergency decrees to cope ...

January 17, 2019

On day Jayme escaped, suspect sought job _ with dodgy resume

The Wisconsin man suspected of kidnapping 13-year-old Jayme Closs and killing her parents apparently applied for a job online ...

January 17, 2019

Attorney: New racist threats at GM plant where nooses found

Workers who sued General Motors after nooses and racist graffiti were found at its largest U.S. transmission plant nearly two ...

January 17, 2019

TSA absentee rate still high, but down from Sunday's peak

TSA officials say the rate of airport screeners missing work during the partial government shutdown has stabilized — but ...

January 17, 2019

Brexit talks by UK's May called a 'stunt' by opposition

A weakened but defiant Prime Minister Theresa May met lawmakers from Britain's rival Brexit factions Thursday to try to forge ...

January 17, 2019

US average mortgage rates steady; 30-year stays at 4.45 pct.

U.S. long-term mortgage rates held steady this week, after falling for six straight weeks to reach their lowest levels in ...

January 17, 2019

The Latest: UK PM May to skip Davos amid Brexit uncertainty

The Latest on Brexit (all times local): 4:40 p.m. Theresa May's office says the British prime minister will skip the World ...

January 17, 2019

Striking Greek school teachers shut down traffic in Athens

Striking school teachers and other Greek civil servants shut down central Athens for hours Thursday during a protest of new ...

January 17, 2019

Ukraine OKs property law that could affect 12,000 churches

Ukraine's parliament on Thursday adopted a bill spelling out procedures for transferring church property after a new unified ...

January 17, 2019

Morgan Stanley's 4Q results miss forecasts, hurt by trading

Investment bank Morgan Stanley on Thursday reported fourth-quarter results that came up short of analysts' expectations, hurt ...

January 17, 2019

Morgan Stanley 4Q profit, revenue hit by volatile markets

Morgan Stanley says fourth-quarter profit totaled $1.53 billion, more than double from the year-ago quarter. The New ...

January 17, 2019

Work on UK nuclear power plant halted over financing impasse

Work on a major new nuclear power station in Britain was suspended after the developer, Japan's Hitachi, said Thursday it had ...

January 17, 2019

China says economy czar to visit Washington for trade talks

The top U.S. and Chinese trade envoys will hold talks in Washington this month in a possible sign of progress toward ending ...