Economy News

October 25, 2020

Lee Kun-Hee, force behind Samsung’s rise, dies at 78

Lee Kun-Hee, the ailing Samsung Electronics chairman who transformed the small television maker into a global giant of ...

October 24, 2020

Compton to start guaranteed income pilot program

The city of Compton, California will give monthly cash payments to hundreds of its low-income residents starting at the end ...

October 23, 2020

AP Top Stories October 22 P

Here are the top stories for Thursday, October 22nd: U.S. jobless claims see slight drop; GOP-led Senate panel advances ...

October 23, 2020

Pence talks trade, economy at Mich. campaign stop

Vice President Mike Pence touted the administration's USMCA trade agreement with Canada and Mexico as a "win for Michigan and ...

October 22, 2020

Court: Goldman Sachs violated US anti-bribery laws

A subsidiary of Goldman Sachs pleaded guilty on Thursday and agreed to pay more than $2.9 billion in a foreign corruption ...

October 22, 2020

Goldman Sachs entity pleads guilty in 1MDB probe

A subsidiary of Goldman Sachs pleaded guilty on Thursday and agreed to pay more than $2.9 billion in a foreign corruption ...

October 22, 2020

Bank robber flees with $500,000 in ex-Soviet Georgia

Police in the ex-Soviet republic of Georgia were looking Thursday for a bank robber who held over 40 people hostage for hours ...

October 22, 2020

CSX profit falls 14% but railroad announces $5B buyback

CSX's third-quarter profit fell 14% but the railroad said it handled nearly as many shipments as last year, as volume ...

October 21, 2020

Guatemala seeks ex-minister in relation to cash discovery

Guatemalan prosecutors are seeking the arrest of the former communications minister for ex-President Jimmy Morales on money ...

October 20, 2020

Reports: Germany issues warrants for Panama Papers lawyers

The two founders of a Panama-based law firm at the center of a tax haven scandal exposed by the so-called Panama Papers are ...

October 20, 2020

Analyst: Google case 'very hard to prove'

The Justice Department has sued Google for antitrust violations, alleging that it abused its dominance in online search and ...

October 20, 2020

EU takes action against Malta, Cyprus for 'golden passports'

The European Commission launched infringements procedures Tuesday against Cyprus and Malta over their “golden passport” ...

October 20, 2020

GM expected to announce electric vehicle for Tennessee plant

General Motors is expected to reveal that it will build the Cadillac Lyriq electric SUV at its factory in Spring Hill, ...

October 19, 2020

ConocoPhillips buying Concho in $9.7B all-stock deal

ConocoPhillips is buying shale producer Concho Resources in an all-stock deal valued at $9.7 billion, making it a major ...

October 19, 2020

First commercial passenger flight from UAE lands in Israel

The first commercial passenger flight to Israel by a carrier from the United Arab Emirates landed near Tel Aviv on Monday, ...

October 19, 2020

Japan, Vietnam agree to boost defense ties, resume flights

Japanese Prime Minister Yoshihide Suga, in his first overseas summit since taking office last month, agreed with his ...

October 19, 2020

AP Top Stories October 19 A

Here's the latest for Monday October 19th: Congress runs out of time for coronavirus aid deal; COVID-19 rates rising quickly ...

October 18, 2020

Trump: Democrats' win will put US economy in peril

US President Donald Trump is making a late reelection pitch to voters Saturday in Michigan and Wisconsin, states in the Upper ...

October 17, 2020

Transit shutdowns fail to deter Thai pro-democracy protests

Pro-democracy activists in Thailand staged a fourth straight day of high-profile protests in the capital on Saturday, ...

October 17, 2020

Dallas Morning News staff votes to unionize newsroom

The staff of the Dallas Morning News voted to unionize Friday, becoming the first newspaper in Texas to do so amid a recent ...