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Economy News

September 20, 2017
FedEx profit falls 17 percent, hurt by TNT cyberattack
FedEx said Tuesday that its first-quarter profit fell 17 percent, hurt by a June cyberattack at its TNT Express business that ...
September 20, 2017
Toys R Us joins bankruptcy list as Amazon exerts influence
In filing for bankruptcy, Toys R Us joins a list of dozens of store chains that have done so already this year as online ...
September 19, 2017
Equifax says 100,000 Canadians may be affected by breach
Equifax said Tuesday that approximately 100,000 Canadian consumers may have had their personal information compromised in the ...
September 19, 2017
Health benefit offers from small businesses keep vanishing
Only half of America's smallest businesses now offer health coverage to their workers because many say steady cost hikes have ...
September 19, 2017
States expand investigation of opioid makers, distributors
Attorneys general from most states are broadening their investigation into the opioid industry as a nationwide overdose ...
Scott Walker
September 19, 2017
GOP governors launch 'news' site critics call propaganda
Republican governors are getting into the "news" business. The Republican Governors Association has quietly launched an ...
September 19, 2017
US housing starts fall 0.8 pct., a 2nd straight monthly drop
Homebuilders slowed their pace of construction by 0.8 percent in August, the second straight monthly decline. A steep drop ...
September 19, 2017
Post Holdings buying Bob Evans Farms in $1.53B deal
Bob Evans Farms is being sold to Post in a deal worth about $1.53 billion, giving the cereal maker a stronger presence in the ...
September 19, 2017
US current account deficit hits $123.1 billion
The deficit in the broadest measure of U.S. trade rose to the highest level in more than eight years this spring, reflecting ...
September 19, 2017
Global shares drift as investors pause ahead of Fed
Global stock markets traded in fairly narrow ranges Tuesday as investors paused for breath, a day after U.S. stock markets ...
September 18, 2017
Officer in nurse arrest was reprimanded for sex harassment
A Utah officer caught on video dragging a nurse from a hospital and handcuffing her was previously reprimanded for sexually ...
September 18, 2017
US homebuilder sentiment falls in September
U.S. homebuilders are feeling less optimistic about their sales prospects, reflecting concerns that rebuilding efforts ...
September 18, 2017
Another major deal in defense sector as global tensions rise
Northrop Grumman is buying Orbital ATK for about $7.8 billion, with a backdrop of rising global tensions accelerating big ...
September 18, 2017
Roku aims to raise $252 million with IPO
Video streaming pioneer Roku hopes to raise just over $252 million in an initial public offering as it tries to expand into ...
Sulu Sou
September 18, 2017
Young democracy activist among Macau election winners
Macau voters have elected a young pro-democracy activist to the Chinese casino capital's legislature, as opposition lawmakers ...
September 18, 2017
Burst fuel pipe to disrupt New Zealand flights through week
A rupture in the main pipeline carrying jet fuel to New Zealand's largest airport has disrupted the travel plans of thousands ...
September 17, 2017
Dubai port operator DP World to pull out of Indonesia
One of the world's largest port operators, DP World, says it will not be renewing its contract in Indonesia after failing to ...
September 17, 2017
Porsche plows into spectators at Idaho car show; 11 hurt
A Porsche plowed into a crowd of spectators at a Boise, Idaho, car show, injuring 11 in a horrifying scene that saw ...
Preview Image
September 16, 2017
1 Arrest, Security Boost Follows UK Subway Blast
An 18-year-old man has been arrested in Dover, and British officials held an emergency Cabinet meeting to discuss the terror ...
September 15, 2017
Nigeria declares Biafra separatist movement terrorist group
Nigeria's military on Friday named the Indigenous People of Biafra a terrorist organization, targeting a movement that 50 ...
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