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Economy News

July 16, 2018
Prime time: A day of deals at Amazon, and at its rivals
Amazon is extending its annual "Prime Day" promotion to 36 hours this year and will try to lure more deal-seekers to the ...
James Murphy, Bryan Knoche
July 15, 2018
5 years after declaring bankruptcy, Detroit reborn at a cost
It's been five years since Detroit bottomed out after decades of decline, admitting in the largest U.S. municipal bankruptcy ...
July 15, 2018
Protests in southern Iraq to demand better services, jobs
Iraqis demanding better public services and jobs took to the streets for the sixth day on Sunday in the southern oil-rich ...
July 14, 2018
WeWork takes meat off the menu at company events
Office space sharing company WeWork says it is no longer serving red or white meat at company events. In an email to ...
July 14, 2018
Assailants abduct workers at oil facility in Libya
Unidentified assailants abducted workers at a facility belonging to Libya's largest oil field, hampering daily production ...
July 14, 2018
Passenger fury at Ryanair after pressure drop forces landing
Passengers of budget airline Ryanair expressed anger Saturday over the way the company treated them following an unscheduled ...
July 14, 2018
US agency urges automakers to speed up Takata recalls
The U.S. government's road safety agency is urging automakers to speed up replacement of potentially dangerous Takata air bag ...
Wilbur Ross
July 13, 2018
Commerce's Ross selling stock in response to ethics concerns
Commerce Secretary Wilbur Ross says he is selling off all his vast stock holdings after news reports raised questions about ...
July 13, 2018
Papa John's starts pulling founder's image from marketing
Papa John's, which has featured founder John Schnatter as a spokesman in logos and TV ads, has begun pulling his image from ...
July 13, 2018
Despite some wobbles, stocks end the week with more gains
Stocks wrapped up another solid week Friday as industrial and energy companies ticked higher, but corporate earnings got off ...
July 13, 2018
Wife of late UAW official sentenced in corruption probe
The wife of a late union official has been sentenced to 18 months in prison as part of a federal corruption investigation at ...
Brian McGrory
July 13, 2018
Ex-employee criticizes investigation into top Globe editor
A former Boston Globe employee who accused the newspaper's top editor of sending her inappropriate text messages is ...
Tom Price
July 13, 2018
Agency watchdog slams ex-HHS chief Price on costly travel
The government wasted at least $341,000 on travel by ousted Health and Human Services Secretary Tom Price, including booking ...
Donald Trump, Theresa May
July 13, 2018
UK politicians reel as Trump unleashes criticism then charm
Britain has had a sharp lesson in dealing with U.S. President Donald Trump's appetite for disruption. The British pound fell, ...
July 13, 2018
Wells Fargo 2Q earnings fall as impact of scandals linger
Wells Fargo & Co., which has been mired in investigations related to its business practices, said Friday that its ...
July 13, 2018
Passenger train derails near Egypt's Giza, scores injured
A passenger train derailed Friday on a railway track south of Cairo, wounding at least 55 people, Egyptian officials said.
July 13, 2018
Citigroup 2Q earnings rise 16 pct; revenue growth is tepid
Citigroup's second-quarter profits jumped 16 percent from a year earlier, the bank said Friday, helped by a much lower tax ...
July 13, 2018
Industrial park blast kills 19, hurts 12 in southwest China
A blast in an industrial park in a southwestern province has killed 19 people and injured 12 others, China's official Xinhua ...
July 13, 2018
7 fast-food chains agree to end 'no-poaching' policies
Seven national fast-food chains have agreed to end policies that block workers from changing branches — limiting their wages ...
Peter Strzok
July 13, 2018
The Latest: House committees finish grilling FBI agent
The Latest on testimony to Congress by a former FBI agent involved in the Clinton email and Russia probes (all times local): ...
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