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Economy News

Najib Razak

Malaysia's ex-leader questioned again in corruption scandal

Former Malaysian Prime Minister Najib Razak arrived at the anti-corruption agency's office Thursday for more questioning over ...

Michael Cohen

Cohen distances himself from tax-cheating "Taxi King"

President Donald Trump's personal lawyer, Michael Cohen, is distancing himself from an associate in the taxi industry who ...

Uber valued at about $62B in new offer to buy company stock

Three investors are looking to buy stakes in Uber in an offer that values the company at $62 billion. The ride-hailing giant ...

Chipotle moving headquarters from Denver to California

Chipotle (che-POHT'-lay) is moving its headquarters from its hometown of Denver to southern California. The burrito chain ...

Makeup artist to disguise witnesses in Mafia boss trial

Two government witnesses in the trial of former New England Mafia boss Francis "Cadillac Frank" Salemme will be disguised by ...

Target's bright spot: robust customer traffic

Target proved itself one of the few retailers that saw more customers both at its stores and online, though its investment ...

US sales of new homes slipped 1.5 percent in April

Sales of new U.S. homes fell 1.5 percent in April, held down by a shortage of affordable houses in the most desirable areas ...

Lowe's 1Q falls flat as extended winter cuts into sales

Lowe's, which named a new CEO this week, is reporting weak profit and revenue numbers for its first quarter in which harsh ...

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Money Sent Back Home Big Business in Venezuela

As the number of Venezuelans fleeing their country’s deepening economic and humanitarian crisis climbs, a burgeoning industry ...

Low US unemployment rate masks financial struggles for many

Despite an ultra-low 3.9 percent unemployment rate, about one-third of U.S. adults faced financial insecurity last year and ...

Atlantic City Q1 casino earnings down nearly 12 percent

Atlantic City's seven casinos all remained profitable during the first quarter of this year, but those profits are shrinking ...

Stacey Cunningham

For the first time in 226 years, woman to lead the NYSE

The New York Stock Exchange for the first time in its 226-year history will be led by a woman. Stacey Cunningham, who started ...

Sweet for Necco: 3 new bidders emerge in wafer maker's sale

Three new bidders have stepped in with offers to buy the bankrupt manufacturer of Necco Wafers, Sweethearts and other iconic ...

Branson-owned health company to merge with its rival

An employee well-being company owned by British billionaire Richard Branson says it will merge with its rival and make ...

J.C. Penney CEO Ellison departs for Lowe's

J.C. Penney CEO Marvin Ellison, a former Home Depot executive, is leaving the department store chain after less than four ...

Najib Razak

Former Malaysian leader Najib grilled by anti-graft agency

Former Malaysian Prime Minister Najib Razak was grilled for more than four hours Tuesday over a corruption scandal that could ...

Vegas casino workers to vote on strike that could cost city

Tens of thousands of casino workers in Las Vegas whose contracts expire next week planned to vote Tuesday on whether to ...

New York Stock Exchange names first female leader

The New York Stock Exchange has named its first female leader in the history of the 226-year-old exchange. The parent company ...

Survey asks why young people stay in, leave New Hampshire

Fewer than half of New Hampshire residents ages 20 to 40 say they probably or definitely will remain in the state for the ...

Divided Supreme Court sides with businesses over workers

A divided Supreme Court ruled Monday that businesses can prohibit their workers from banding together in disputes over pay ...

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