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Economy News

October 23, 2019
For toymaker Hasbro, trade wars are no fun
Shares of Hasbro plunged Tuesday after the company revealed that the trade war is wreaking havoc on its supply chain and ...
October 23, 2019
Nike CEO Mark Parker to step down in January
Nike said Tuesday that its longtime CEO Mark Parker is stepping down early next year. He will be replaced by board member ...
October 23, 2019
Swiss file their 1st charges in Petrobras-Odebrecht scandal
Swiss prosecutors said Tuesday that they have filed their first indictment in investigations related to the big Brazilian ...
October 23, 2019
WeWork co-founder pushed aside in reported SoftBank takeover
WeWork is reportedly accepting a financial rescue package that hands control of the company to its top investor and pushes ...
October 22, 2019
Autoworkers from closed plants fight new GM contract
If they can close our plant, they can close yours, too. That's the message from workers at three shuttered General Motors ...
October 22, 2019
Demand for fast, online delivery drives UPS 3Q
UPS is doing booming business in next-day deliveries in the United States while keeping costs under control, but the ...
October 22, 2019
Boeing replaces executive who oversaw 737 Max, other planes
Boeing is replacing the head of its commercial-airplanes division as it struggles with a crisis created by two deadly crashes ...
October 22, 2019
The Latest: EU Council president will recommend Brexit delay
The Latest on Brexit (all times local): 9:35 p.m. European Council President Donald Tusk says he will recommend that the EU ...
October 22, 2019
McDonald's 3Q earnings down on tech investment
McDonald's says it's setting itself up for future growth by investing now in advances like voice recognition ordering ...
October 22, 2019
Boris Johnson faces showdown with lawmakers over Brexit bill
British Prime Minister Boris Johnson was headed for a showdown Tuesday with lawmakers who want to put the brakes on his drive ...
October 22, 2019
AP-NORC/SAP poll: Some workers changing actions amid #MeToo
Barbara Myers started work as an apprentice electrician in 1995, and over the years she learned to shoot back sexual banter ...
October 22, 2019
High prices drove US home sales down 2.2% in September
U.S. home sales fell 2.2% in September, as rising home prices and lower inventories have stifled homebuyers. The National ...
October 22, 2019
Lebanon PM seeks foreign support for reforms amid protests
Lebanon's embattled prime minister sought international support Tuesday for economic reforms announced a day earlier, which ...
October 22, 2019
Coal-reliant Poland welcomes plan for first nuclear plant
Poland's government has welcomed plans by a top businessman to build what would be the nation's first nuclear power plant and ...
October 22, 2019
Millennial Money: Vanquish these 5 financial fears
Fear can consume you. The anxiety of the unknown can drive you to pull the blanket over your head, whether you're worried ...
October 22, 2019
Under Armour founder Kevin Plank relinquishes CEO post
Under Armour founder Kevin Plank will step down as CEO in the new year to become the company's executive chairman and brand ...
October 22, 2019
Delivery food fight: Just Eat rejects another takeover offer
Food delivery company Just Eat rejected Tuesday a takeover proposal from investment firm Prosus, saying that the 4.
October 22, 2019
UK lawmaker challenges Facebook on political ads
An influential British lawmaker challenged Facebook's new effort to safeguard elections on Tuesday, warning that they will ...
October 22, 2019
French president kicks off trip to overseas territories
French President Emmanuel Macron has vowed to combat illegal immigration on the French island of Mayotte in the Indian Ocean.
October 22, 2019
Fire at New Zealand construction site sends smoke over city
A large fire that broke out Tuesday on the roof of a convention center that's under construction in downtown Auckland sent ...
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