Economy News

September 02, 2020

2 accused in $12M scheme targeting Puerto Rico, US investors

Two men who founded what authorities say was a fake financial services company in Florida that raised more than $12 million ...

September 02, 2020

Zoom stock surges, market value tops Boeing, Starbucks

A Zoom call has become an integral part of daily life during the coronavirus pandemic. On Tuesday, Wall Street acknowledged ...

September 02, 2020

Criminal charges loom in California boat fire that killed 34

Nine days after the scuba boat Conception went down in flames with 34 people trapped below deck in one of the deadliest ...

September 01, 2020

Black former franchisees sue McDonald's for discrimination

More than 50 Black former McDonald’s franchise owners are suing the burger chain, saying the company steered them to ...

September 01, 2020

Boy Scouts launch ads on how abuse victims can seek money

Under the supervision of a bankruptcy judge, the Boy Scouts of America has launched a nationwide advertising campaign to ...

September 01, 2020

Samsung's Lee indicted over controversial 2015 merger

South Korean prosecutors on Tuesday indicted Samsung heir Lee Jae-yong on charges of stock price manipulation and other ...

September 01, 2020

15 years later, Walmart to launch its answer to Amazon Prime

Walmart is launching a new membership service that it hopes can compete with Amazon Prime. Called Walmart+, it will cost $98 ...

September 01, 2020

House to subpoena postmaster general over mail delays

The House Oversight Committee intends to subpoena Postmaster General Louis DeJoy for documents about disruptions in mail ...

September 01, 2020

Attorneys argue over ads targeting Boy Scouts abuse victims

The judge overseeing the Boy Scouts of America bankruptcy is mulling a request to address what attorneys for the BSA claim ...

August 31, 2020

Lawyer: Families of MH17 victims want reparation for damages

A lawyer for relatives of victims killed when Malaysia Airlines Flight 17 was shot down over eastern Ukraine in 2014 told ...

August 31, 2020

Mitsubishi Motors executive behind Nissan alliance dies

Former Mitsubishi Motors Chief Executive Osamu Masuko, who engineered the Japanese automaker’s alliance with Nissan, has died

August 28, 2020

Turkish lawyer dies on hunger strike demanding fair trial

A human rights lawyer on hunger strike in a Turkish prison to demand a fair trial for herself and colleagues has died, an ...

August 28, 2020

New Zealand investigating stock market cyber attacks

New Zealand’s government and its foreign spy agency are getting involved after cyber attacks disrupted trading on the ...

August 28, 2020

Israel lists first commercial passenger flight to UAE

Israel has listed an El Al flight taking off Monday for Abu Dhabi, which would be Israel's first commercial passenger flight ...

August 28, 2020

China blocks imports from Australian beef producer

China blocked imports from an Australian beef producer on Friday after reporting a banned drug was found in its meat, and ...

August 28, 2020

Oil and gas industry assesses damage at refineries, plants

The energy industry is assessing damage caused by storm surges and high winds as Hurricane Laura cut a dangerous path across ...

August 27, 2020

Putin: Russia is ready to provide security help to Belarus

Russian President Vladimir Putin warned that he stands ready to send police to Belarus if protests there turn violent but ...

August 27, 2020

Oil industry shuts platforms, rigs, refineries before storm

The energy industry is bracing for catastrophic storm surges and winds as Hurricane Laura cuts a dangerous path toward the ...

August 27, 2020

Companies fight over control of Mexican radio stations

Mexico’s old rough-and-tumble brand of capitalism made a comeback Wednesday, as two corporate groups engaged in a public ...

August 26, 2020

Huawei, ZTE lose patent appeal cases at UK Supreme Court

Britain’s Supreme Court has dismissed two appeals by Chinese telecoms firms Huawei and ZTE over mobile data patent disputes.