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Economy News

Meituan's stock price plunges after CEO posts Chinese poem

Shares in Meituan, China’s largest food delivery platform, have tumbled after its CEO posted —and then deleted — an ancient ...

1.4B but no more? China's population growth closer to zero

China’s weak population growth is falling closer to zero as fewer couples have children, government data showed Tuesday, ...

AGs urge Facebook to drop 'Instagram for kids' proposal

A bipartisan group of 44 attorneys general has written to Facebook CEO Mark Zuckerberg urging him to drop company plans for ...

Cyberattack could affect East gas supply, prices

The American Automobile Association says the forced shutdown of a vital pipeline due to a cyberextortion attempt could soon ...

US opens probe of steering problems in Honda Accord sedans

The U.S. government's auto safety agency is investigating multiple complaints about steering failures that could affect more ...

FAA seeks fines against more misbehaving airline passengers

Federal officials said Monday they are pursuing civil penalties against two more passengers for interfering with airline ...

Operator: Pipeline could be restored within days

The operator of a major U.S.

Malaysia's 1MDB, former unit file suits to recover $23 bln

Malaysia's finance ministry said Monday that sovereign wealth fund 1MDB and a former subsidiary have filed 22 lawsuits to ...

Fire erupts at Kuwait's largest oil field; two injured

A fire erupted Monday at Kuwait's largest oil field, injuring two workers, the country's state-run news agency reported.

More than 1,200 migrants reach Italian island on boats

More than 1,200 migrants in several decrepit, overcrowded fishing boats on Sunday reached a tiny Italian island in a span of ...

Fire at Syrian oil refinery extinguished after leakage

Firefighters extinguished a blaze Sunday in a distillation unit at one of Syria’s two oil refineries, Syrian state TV ...

AP Top Stories May 7 P

Here are the top stories for Friday, May 7th; April jobs report disappoints; Derek Chauvin, 3 other Minneapolis police ...

Peloton expects to lose $165 million in revenue from recall

Peloton said Thursday that the recall of its treadmills will shrink its revenue by $165 million in the current quarter.

Beyond Meat's Q1 hobbled by marketing costs, lower prices

Plant-based meat company Beyond Meat posted a first-quarter loss Thursday after higher sales were offset by marketing costs ...

Cheney, Trump feud gets mixed reviews in Wyoming

With Republicans in Washington turning up the heat to oust Rep. Liz Cheney, a firm Trump critic who holds the No. 3 GOP role ...

Biden pushes infrastructure plan in GOP stronghold

With a badly aging bridge as his backdrop, President Joe Biden stood in reliably Republican Louisiana on Thursday to pressure ...

Austin: US troop withdrawal going as planned

The U.S. top military leaders say that the withdrawal of U.S. troops from Afghanistan is going "according to plan" and ...

Fishing tensions flare between France, UK over Brexit rules

British Royal Navy vessels and French police boats patrolled Thursday near the English Channel island of Jersey, where French ...

Commendations, minor reprimands for officer in Wright death

The service file of a suburban Minneapolis police officer charged with manslaughter in the shooting death of Daunte Wright ...

Chicago suburb to pay reparations through housing

The Chicago suburb of Evanston is preparing to pay reparations in the form of housing grants to Black residents who ...

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