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Economy News

Cho Hyun-min

Korean Air suspends 'nut rage' sister from work over tantrum

Korean Air Lines said Monday it has suspended one of its chairman's daughters from her marketing work after she threw a ...

Starbucks CEO apologizes to 2 black men arrested

Starbucks sells itself as a community gathering spot as much as a coffeehouse, a welcoming place with comfortable chairs for ...

Former Tronc Chairman Ferro selling all of his company stock

A former chairman of the Tronc company who stepped down amid allegations of sexual misconduct is selling all of his stock for ...

GM ending shift at Ohio car plant amid sales slowdown

General Motors says it will eliminate a production shift at its Chevy Cruze manufacturing plant in Ohio that could cost as ...

Juan Carlos Varela

Panama president: Trump company letter on hotel a mistake

Panamanian President Juan Carlos Varela says Trump Organization lawyers erred by sending a letter to his office directly ...

Scott Pruitt

GOP-led House committee demands interviews with Pruitt aides

The Republican-led House oversight committee is demanding interviews with five close aides to embattled Environmental ...

How Facebook ads target you

If you want to tailor a Facebook ad to a single user out of its universe of 2.2 billion, you could. Trying to pitch your ...

JPMorgan Chase

3 US banks post higher profits with huge assist from tax law

Three of America's biggest banks reported higher profits Friday, with a huge assist from the tax law passed late last year.

Q&A: Trump, the post office and Amazon

A task force will study the U.S. Postal Service under an executive order from President Donald Trump, who has spent weeks ...

10 Things to Know for Today

Your daily look at late-breaking news, upcoming events and the stories that will be talked about today: 1. COMMANDER IN CHIEF ...

China's March trade weakens, surplus with US at $15.4B

China's global trade balance swung to a rare deficit in March as exports shrank but its surplus with the United States, the ...

Tesla, Feds clash over release of fatal crash information

Federal investigators say they have booted electric car maker Tesla Inc. from a group that's investigating a fatal crash in ...

Uber to up its background checks for drivers

Uber will start doing annual criminal background checks on U.S. drivers and hire a company that constantly monitors criminal ...

Fly now, pay later: Are travel loans a good deal?

Dreaming of a spring getaway with white-sand beaches and a cool drink in your hand? A search for airline tickets can bring ...

Threat of closure spurs surge in sales for Necco Wafers

The maker of the colorful Necco Wafers has experienced a surge in sales since announcing it might close unless it finds a ...

Shigehisa Takada

Takata acquired by Key Safety Systems, president resigns

Takata Corp., the Japanese air bag maker embroiled in a massive global recall linked to at least 22 deaths, said Thursday ...

Scott Walker

Drug testing plan considered for some food stamp recipients

The Trump administration is considering a plan that would allow states to require certain food stamp recipients to undergo ...

Jerome Powell

Fed in March discussed 'slightly steeper' future rate hikes

Federal Reserve officials signaled rising confidence last month that a strong economy will lift inflation closer to its 2 ...

Consumer agency spends $6,000 on frosting windows in new HQ

The Consumer Financial Protection Bureau spent more than $6,000 frosting the windows on the offices of senior staff in recent ...

Mick Mulvaney

Mulvaney insists consumer watchdog is still doing its job

Mick Mulvaney tried Wednesday to reassure Democrats on a House finance panel that he's committed to punishing unscrupulous ...

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