Economy News

December 10, 2019

California fines CVS $3.6 million for failing to recycle

California is fining the nation's largest pharmacy health care provider a record $3.6 million for failing to redeem deposits ...

December 10, 2019

Families of crash passengers want wider review of Boeing Max

The head of the Federal Aviation Administration will face questions about whether the agency is too cozy with Boeing when he ...

December 09, 2019

PG&E's stock surges 16% on tentative wildfire settlement

PG&E's stock surged Monday after the utility reached a tentative $13.5 billion settlement resolving all major claims related ...

December 09, 2019

GM lending $40M to startup company buying closed Ohio plant

General Motors has agreed to loan $40 million to a newly formed company that wants to make electric pickup trucks at a ...

December 09, 2019

U.N.D.P. says Latin America is wealthier but unequal

Latin America has significantly reduced poverty over the last two decades. So why is there generalized discontent, prompting ...

December 09, 2019

Saudi prince's ambitions hinge on triumphant Aramco sale

Saudi Arabia is expected to set a new record for the largest stock flotation in history on Wednesday with the sale of part ...

December 09, 2019

Boy on hospital floor dominates Britain's election campaign

A 4-year-old boy in a Spider-Man top lying on a hospital floor took center stage Monday in Britain's election campaign, as ...

December 09, 2019

South Africa's Zozibini Tunzi crowned Miss Universe 2019

South Africa's Zozibini Tunzi was crowned Miss Universe 2019, giving the country its second title in in three years in a ...

December 09, 2019

Small business hiring slow, likely to remain so, reports say

Two reports last week show that small business hiring still lags behind the strong job growth reported at larger companies, ...

December 09, 2019

Business economists see US slowing but avoiding recession

The nation’s business economists expect U.S. economic growth to decelerate this year and next but for the economy to avoid ...

December 09, 2019

Stocks slip as investors weigh outlook for US-China trade

Stock markets weakened during European trading on Monday as investors weighed the possibility of more U.S. tariffs on China ...

December 09, 2019

EU approves state aid to develop car batteries industry

The European Union has approved 3.2 billion euros ($3.5 billion) in subsidies from seven member countries that want to ...

December 09, 2019

Britain faces most history-shaping election since WWII

Britain is facing the most testing and significant period in its modern history since World War II. The polarized electorate ...

December 09, 2019

German exports rise in October, defying expectations

German exports posted a second consecutive month-on-month increase in October, defying economists' expectations of a slight ...

December 09, 2019

New Delhi fire victims lived and worked in unsafe spaces

Mehboob Alam’s phone rang at 5:04 a.m. Sunday. It was his 38-year-old nephew, Mohammad Imran, pleading to be saved. A minute ...

December 09, 2019

Asian shares rise after buying mood on Wall Street ends week

Asian shares were mostly higher Monday, cheered by a wave of buying late last week on Wall Street that was spurred by strong ...

December 09, 2019

Japan economy marks 4th straight quarter of expansion

Japan's economy expanded at a faster than earlier estimated annual rate of 1.8% in July-September, powered by stronger ...

December 09, 2019

Schumer: Fed workers to get 12 weeks of paid parental leave

The Senate’s top Democrat said Sunday that congressional leaders have reached a “real breakthrough” deal to give 12 weeks of ...

December 08, 2019

Saudi restaurants no longer need to segregate women and men

Women in Saudi Arabia will no longer need to use separate entrances from men or sit behind partitions at restaurants in the ...