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Economy News

Scott Pruitt

Lobbyist tied to condo met with EPA chief, despite denials

Environmental Protection Agency chief Scott Pruitt met in his office last year with a veteran Washington lobbyist tied to the ...

Betsy DeVos

NOT REAL NEWS: DeVos didn't order globes flattened

U.S. Education Secretary Betsy DeVos hasn't ordered that globes in classrooms across America be flattened, contrary to a ...

Scott Pruitt

Lobbyist tied to condo leased by EPA chief retires from firm

The fossil-fuels lobbyist tied to the bargain-priced Capitol Hill condo leased by Environmental Protection Agency chief Scott ...

FAA orders more engine inspections after Southwest accident

The Federal Aviation Administration on Friday ordered ultrasound inspections of hundreds of jet engines like the one that ...

Robert Mugabe

Zimbabwe's Mugabe summoned over alleged diamond looting

A Zimbabwean parliamentary committee is summoning former leader Robert Mugabe to explain past comments on alleged diamond ...

Trump calls OPEC efforts to boost oil prices 'not good'

President Donald Trump says oil-producing cartel OPEC "is at it again," and that efforts to maintain high prices "will not ...

UK pound drops as central bank chief tempers rate hike talk

The British pound is falling from post-Brexit highs after the Bank of England's governor tempered market expectations of ...

ZTE protests US penalty, says it is seeking solution

ZTE Corp., one of China's biggest tech companies, warned Friday a ban on access to U.S. technology threatens its survival and ...

Australian financial firm CEO steps down over fee scandal

The AMP's chief executive stepped down on Friday following revelations that Australia's largest wealth manager charged ...

Texas deputy stumbles upon suspect in Vegas picnic shooting

A disgruntled casino employee accused of shooting two executives at a company picnic in Las Vegas planned an escape and spent ...

'Fearless Girl' to leave Wall Street's 'Charging Bull'

New York's "Fearless Girl" statue that has become a global symbol of female business prowess will be moved from her spot ...

Michigan sues company over Great Lakes power cable damage

Michigan Attorney General Bill Schuette has sued the company he says damaged electric cables and oil pipelines in a Great ...

Margo Georgiadis

Mattel CEO to step down after being at helm for 14 months

Mattel Inc. announced Thursday that its CEO Margo Georgiadis is stepping down and is being succeeded by a company director ...

Trump's divisive pick to run NASA wins narrow confirmation

NASA's latest nail-biting drama was far from orbit as the Senate narrowly confirmed President Donald Trump's choice of a tea ...

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IMF Warns Risks of Rising Global Trade Tensions

The IMF is warning that rising trade tensions between the US and China risk undermining a solidly growing global economy.

Quake, at least 5.5 in magnitude, strikes southern Iran

An earthquake of at least magnitude 5.5 struck in southern Iran near the country's sole nuclear power plant on Thursday ...

Junichi Fukuda

Japan finance official quits over alleged sexual misconduct

A senior Japanese finance ministry official resigned Wednesday after being accused of sexual misconduct in the latest ...

Wynn Resorts expands board of directors, adds 3 women

Las Vegas-based Wynn Resorts expanded its board of directors Wednesday to 11 members, with the appointment of three women.

Amazon's reveals its Prime service has 100 million members

Amazon has persuaded more than 100 million shoppers to subscribe to its Prime service that offers free two-day shipping and ...

American Express 1Q profits rise 31 percent, helped by taxes

Credit card giant American Express recorded its second-highest quarterly profit in its history on Wednesday, driven by strong ...

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