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Economy News

July 06, 2020
Uber buys Postmates in $2.65 billion all-stock deal
Uber finally got its food delivery company, acquiring Postmates in a $2.65 billion all-stock deal, the ride-hailing giant ...
July 05, 2020
Death toll rises to 6 in Turkey fireworks factory explosion
The death toll from a massive explosion in a fireworks factory in Turkey has increased to six. The governor of Sakarya in ...
July 03, 2020
Reopening strategist Castex named new French prime minister
The new French prime minister appointed Friday said he feels ready to face the key challenge of reviving France's economy ...
July 03, 2020
Vatican watchdog sees record cooperation levels despite raid
The Vatican’s financial watchdog agency has reported record levels of internal cooperation despite being thrown into turmoil ...
July 02, 2020
Black worker files discrimination complaint against Facebook
A Black Facebook employee, joined by two others who were denied jobs at the social network, has filed a complaint against the ...
July 02, 2020
US long-term mortgage rates hit all-time low again
Long-term U.S. mortgage rates fell this week with the benchmark 30-year home loan hitting its lowest level ever.
July 02, 2020
China accuses India of targeting Chinese imports after clash
China accused India on Thursday of improperly disrupting activities by Chinese companies in the midst of tensions over a ...
July 02, 2020
AP Interview: Hong Kong media tycoon says city now 'dead'
When Hong Kong media tycoon Jimmy Lai arrived in Hong Kong at age 12, the city felt like heaven to him, brimming with hope ...
July 02, 2020
A pinch where it hurts: Can Facebook weather the ad boycott?
On Wednesday, more than 500 companies officially kicked off an advertising boycott intended to pressure Facebook into taking ...
July 02, 2020
California sues Cisco for bias based on Indian caste system
California regulators have sued Cisco Systems, saying an engineer faced discrimination at the company's Silicon Valley ...
July 01, 2020
Museum or mosque? Turkey debates iconic Hagia Sofia's status
In its more than 1,400-year existence, the majestic domed structure of Hagia Sophia in Istanbul has served as the Byzantine ...
July 01, 2020
Report: Boeing fell short in disclosing key changes to Max
A government report says Boeing did not give regulators documents about changes it made in a key system blamed in two deadly ...
July 01, 2020
Iran journalist who fueled 2017 protests sentenced to death
Iran sentenced a once-exiled journalist to death over his online work that helped inspire nationwide economic protests that ...
July 01, 2020
Adidas HR head resigns as company addresses diversity issues
The head of global human resources at sports apparel and shoe company Adidas resigned Tuesday following criticism from ...
June 30, 2020
Mexico's ex-chief of Pemex drops extradition fight
The former head of Mexico’s state oil company has dropped his extradition fight and agreed to return to Mexico to cooperate ...
June 30, 2020
Hong Kong security law takes aim at protester actions
China on Tuesday approved a contentious national security law for Hong Kong that takes direct aim at some of the actions of ...
June 30, 2020
Support for Putin wanes in his former Russian stronghold
In 2011, the industrial city of Nizhny Tagil was dubbed “Putingrad” for its residents’ fervent support for Russian President ...
June 30, 2020
Norwegian Air cancels order for 97 Boeing aircraft
Low-cost carrier Norwegian Air Shuttle said Tuesday it has cancelled its 97 outstanding orders for planes from U.S.
June 30, 2020
Google removes misleading ads related to voting, elections
Google said Monday it has removed misleading and fraudulent ads targeting Americans looking for information about how to vote ...
June 30, 2020
Court says president can fire Consumer board head 'at will'
In a ruling underscoring the power of the president, the Supreme Court on Monday made it easier for the president to fire the ...
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