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Economy News

October 23, 2019
Johnson's future, and UK's, rests on EU move on Brexit delay
Prime Minister Boris Johnson has long argued that Brexit will let Britain "take back control" from the European Union.
October 23, 2019
Boeing costs for 737 Max jump, profit falls short in 3Q
Boeing signaled Wednesday that it is close to completing its fix to the 737 Max and still expects it to be approved to fly ...
October 23, 2019
Jamaican citizens sue exclusive Yellowstone Club over wages
Five Jamaican citizens who were recruited to work at a Montana ski resort for the ultra-rich just north of Yellowstone ...
October 23, 2019
Slowing global growthrowth hits Caterpillar in 3Q
A slowing global economy is taking a toll on Caterpillar, which cut its outlook for the year Wednesday after profits and ...
October 23, 2019
Ukraine's president urges lawmakers to take polygraph test
Ukraine's president on Wednesday urged a group of lawmakers to take a lie detector test to show they are not involved in a ...
October 23, 2019
The Latest: Lawmaker urges EU to give UK a Brexit extension
The Latest on Britain's impending departure from the European Union (all times local): 11:55 a.m. European Parliament ...
October 23, 2019
Marketing CEO to be sentenced in college admissions scheme
A California marketing executive and author is returning to federal court to be sentenced for her role in a college ...
October 23, 2019
WeWork co-founder pushed aside in $5B SoftBank takeover
WeWork is accepting a financial rescue package that hands control of the company to Japanese tech giant SoftBank and pushes ...
October 23, 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 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 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
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 ...
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