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Economy News

April 25, 2019
Father of suspected Easter bombers arrested; Colombo on edge
The father of two of the suspected Easter suicide bombers was arrested Thursday on suspicion of aiding his sons, Sri Lanka's ...
April 25, 2019
3M to cut 2,000 jobs, 1Q results miss Wall Street's view
3M plans to cut 2,000 globally as part of a restructuring due to a slower-than-expected 2019. The maker of Post-it notes, ...
April 25, 2019
US durable goods orders up solid 2.7% in March
Orders to U.S. factories for big-ticket manufactured goods rose 2.7% in March with a key category that tracks business ...
April 25, 2019
UPS falls short of forecasts on bad weather, costs
United Parcel Service's first quarter financial results fell short of Wall Street forecasts as the package-delivery company's ...
April 25, 2019
Japan's PM asks for support in abduction dispute with NKorea
Japanese Prime Minister Shinzo Abe says he has asked the leaders of four Central European countries for help in a long ...
April 25, 2019
Comcast sheds cable customers but adds internet subscribers
Comcast kept shedding cable customers and adding home internet customers in its most recent quarter. Traditional TV providers ...
April 25, 2019
Japan father, son win release before US trial in Ponzi case
A father and son from Japan can be freed from federal custody to live with relatives in a rented Las Vegas apartment pending ...
April 25, 2019
AP joins global initiative to expand reporting on religion
The Associated Press is joining with the Religion News Service and the nonprofit publisher The Conversation to form a global ...
April 25, 2019
Facebook anticipates an FTC privacy fine of up to $5 billion
Facebook said it expects a fine of up to $5 billion from the Federal Trade Commission, which is investigating whether the ...
April 25, 2019
Occidental tries to outbid Chevron for Anadarko Petroleum
A bidding war is breaking out over Anadarko Petroleum, with Occidental making an offer that it says is about a 20% premium ...
April 24, 2019
Microsoft's cloud growth pleases Wall Street
Microsoft's ongoing push to get automakers, retailers and other businesses onto its cloud computing platform helped power the ...
April 24, 2019
Boeing's troubled jet is costing $1 billion to fix so far
Boeing is already estimating a $1 billion increase in costs related to its troubled 737 Max and has pulled its forecast of ...
April 24, 2019
Firefighter recruitment ad touts 'Low Pay, Cool Helmet'
A Missouri county trying to recruit new firefighters is getting real with its sales pitch, saying in signs posted outside its ...
April 24, 2019
Conservatives reject move to topple PM Theresa May, for now
British Prime Minister Theresa May's job is safe, for now, after Conservative lawmakers decided against enabling a new ...
April 24, 2019
Ghana drone service to deliver medical supplies on demand
A new drone service in Ghana will be capable of carrying medical supplies to remote corners of the West African country.
April 24, 2019
UK begins search for new Bank of England governor
The British government on Wednesday started the process to appoint the successor to Mark Carney as governor of the Bank of ...
April 24, 2019
Beijing celebration of building binge overshadowed by debt
A conference this week showcasing a Chinese initiative to help build ports, railways and other infrastructure in the ...
Geoffrey S. Berman
April 24, 2019
Indictment: Ex-CEO ignored red flags as opioid crisis raged
The pharmaceutical industry executive hit Tuesday with criminal charges stemming from the opioid crisis doesn't have his name ...
April 24, 2019
Asian markets lower after S&P 500, Nasdaq hit record highs
Major share benchmarks were mostly lower in Asia on Wednesday as the rally on Wall Street, where the S&P 500 logged an ...
April 24, 2019
Tech firm VMware faces DACA discrimination lawsuit
A participant in the federal program shielding young immigrants from deportation is suing a Silicon Valley company, saying ...
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