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Economy News

October 02, 2020
NY diocese bankruptcy upsets alleged abuse victims
New York's Roman Catholic Diocese of Rockville Centre has filed for Chapter 11 bankruptcy protection because of financial ...
October 01, 2020
Stocks tick up as Wall Street waits for aid from Washington
U.S. stocks climbed on Thursday, but only after pinballing through another shaky day of trading, as Wall Street waits to see ...
October 01, 2020
Pacific Power utility sued over devastating Oregon wildfires
Three Pacific Northwest law firms have filed a class action lawsuit against the Pacific Power utility and its parent company, ...
October 01, 2020
Affirmative action returns to ballot in California
On Nov. 3, California will decide whether to allow affirmative action in public hiring, contracting and college admissions, ...
October 01, 2020
August construction spending up 1.4%, led by home building
U.S. construction spending increased 1.4% in August, led by a surge in single-family homes. The gain was double the 0.
October 01, 2020
New Ford CEO replaces CFO, pledges stronger profit margins
On his first day in Ford's top job, CEO Jim Farley is replacing the company's chief financial officer and announcing other ...
October 01, 2020
Outage freezes Tokyo Stock Exchange, world's 3rd largest
Tokyo Stock Exchange plans to resume normal operations Friday after it halted trading for the day due to what they said was ...
September 30, 2020
US to block palm oil from large Malaysian producer
The U.S. will detain shipments of palm oil and its products from a major producer in Malaysia after a wide range of labor ...
September 30, 2020
Venezuela receives gasoline from Iran amid surge in protests
The second of three ships loaded with gasoline from Iran approached fuel-starved Venezuela on Wednesday amid simmering social ...
September 30, 2020
Comey: Trump 'spraying gasoline on a fire'
The former FBI Director James Comey says President Donald Trump's inability to condemn white supremacist groups is like ...
September 30, 2020
Acquitted Cardinal Pell back in Rome amid Vatican scandal
Cardinal George Pell, the former Vatican finance czar who left in 2017 to face child sexual abuse charges in his native ...
September 29, 2020
Ex-IMF chief acquitted in Spanish bank stock listing case
Spain’s National Court has acquitted 34 people who were tried over the stock market listing of financial firm Bankia, ...
September 29, 2020
No party planned for Berlin's new, much-delayed airport
The opening of Berlin's new airport on Oct. 31 will happen without fanfare, operators say, a nod to the long delays and ...
September 29, 2020
Japan's NTT to spend $38B to buy out, take DoCoMo private
Japanese telecoms giant Nippon Telegraph & Telephone, or NTT, announced Tuesday it will spend 4.3 trillion yen ($38 billion) ...
September 29, 2020
Analyst: Trump paid less taxes than lowest bracket
The bombshell revelations that President Donald Trump paid just $750 in federal income taxes the year he ran for office and ...
September 29, 2020
Restaurant workers carry coffin to Cuomo's office
Hundreds of New York City restaurant workers and owners marched to New York Gov. Andrew Cuomo's office in Manhattan Monday ...
September 28, 2020
Woman pleads not guilty, denied bail over Trump ricin letter
A woman charged with making threats against President Donald Trump by mailing a package containing ricin to the White House ...
September 28, 2020
Wildfires rage in Napa Valley wine region
A new wildfire that broke out Sunday in Napa County has prompted the evacuation of residents before dawn. The fire is near ...
September 28, 2020
UN: Africa lost $800B in illegal transfers in recent years
The United Nations estimates that illegal outflows of capital from Africa totaled over $830 billion in the first 15 years of ...
September 28, 2020
Tax revelation could blot Trump's business brand
The bombshell revelations that President Donald Trump paid just $750 in federal income tax the year he entered the White ...
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