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Economy News

August 18, 2017
China to limit overseas investments in real estate, sports
China's government is moving to curb domestic companies' investments abroad in property, sports, entertainment and other ...
August 18, 2017
11 US states added jobs in July
Hiring increased in 11 U.S. states in July, while the unemployment rate tumbled to record lows in two states. The Labor ...
Foot Locker
August 18, 2017
A sports rout on Wall Street
Sporting goods retailers can't shake their losing streak. Shares of stores that mostly sell sneakers and sporting gear ...
August 18, 2017
Official: Rwanda genocide suspect extradited from Germany
Rwanda prosecution officials said say the German government has extradited a suspect in the 1994 Rwandan genocide to Rwanda ...
Travis Kalanick
August 18, 2017
Former Uber CEO lashes out at VC firm suing company
Former Uber CEO Travis Kalanick is skewering a lawsuit filed by a former ally, describing it as a malicious attempt to sever ...
August 18, 2017
Widow won't sign, and that puts timeshare giant in a bind
There's a new twist in the standoff between an octogenarian widow in Florida who refused to sell her townhome and the giant ...
August 18, 2017
Warship captain in collision that killed 7 to lose command
Poor seamanship and flaws in keeping watch contributed to a collision between a Navy destroyer and a commercial container ...
August 18, 2017
Venezuela Supreme Court orders dissident lawmaker's arrest
Venezuela's high court issued an arrest order for the ousted chief prosecutor's husband Thursday after authorities accused ...
August 17, 2017
FAA changes San Francisco landing rules after close call
Federal officials have issued new rules for nighttime landings and control-tower staffing at San Francisco International ...
Susan Collins
August 17, 2017
LL Bean boosting production of iconic boot
L.L. Bean hopes to give the boot to backlogs of its most iconic product. The Maine-based retailer is expanding production to ...
Walmart
August 17, 2017
Walmart's online sales soar as it seeks to catch Amazon
Walmart's recent spending spree to try to catch up to Amazon seems to be paying off. The world's largest retailer said ...
August 17, 2017
US factory output down in July on tumbling auto production
A slump in the auto industry drove U.S. factory output down in July and has kept it flat for months. The Fed said Thursday ...
August 17, 2017
Global stocks slip as investors digest central bank reports
Stock markets mostly fell on Thursday as investors digested the minutes to the last policy meetings of the Federal Reserve ...
August 16, 2017
Int'l arrivals to US increased 2 percent in January
International arrivals to the U.S. increased 2 percent in January 2017 compared with January 2016, the U.S. Department of ...
Stephen Hemsley
August 16, 2017
UnitedHealth CEO to step down after run of more than decade
UnitedHealth Group has picked company President David Wichmann to replace CEO Stephen Hemsley in a long-planned transition ...
Janet Yellen
August 16, 2017
Fed officials split in July over inflation worries
Federal Reserve policymakers were worried last month about inflation, but for two opposing reasons. One group of Federal ...
August 16, 2017
Judge OKs Takata request to halt some lawsuits over air bags
A Delaware bankruptcy judge on Wednesday temporarily halted the prosecution of lawsuits filed by Hawaii, New Mexico and the U
August 16, 2017
5 years after 34 South African miners shot dead, no arrests
Five years after South African police shot dead 34 striking mine workers, recalling police brutality under apartheid, rights ...
August 16, 2017
Target says turnaround efforts are bringing shoppers back
Target, which is spending billions to remodel stores and strengthen its online business, showed signs Wednesday that the ...
August 16, 2017
US home construction slumped in July
Homebuilders pulled back sharply on construction of apartment complexes in July, causing housing starts to tumble to a ...
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