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Economy News

Recreational pot laws may boost traffic deaths, studies say

Laws legalizing recreational marijuana may lead to more traffic deaths, two new studies suggest, although questions remain ...

Wirecard scandal: Missing billions likely don't exist

German payment service provider Wirecard said Monday it has concluded that 1.9 billion euros ($2.1 billion) which were ...

Germany condemns weekend violence, looting in Stuttgart

German Chancellor Angela Merkel and the country’s top security official on Monday decried an outburst of violence at the ...

Chairman of Israel's Yad Vashem to step down after 27 years

The chairman of Israel's Yad Vashem Holocaust Museum and Memorial said Sunday he will be stepping down after 27 years.

Minority officers allege discrimination over Chauvin booking

Eight minority corrections officers who work at the jail holding a former Minneapolis police officer charged with murder in ...

Owner of Eskimo Pie to change its 'derogatory' name

The owner of Eskimo Pie is changing its name and marketing of the nearly century-old chocolate-covered ice cream bar, the ...

BMW to drop 6,000 jobs through turnover, early retirement

Automaker BMW says it will drop 6,000 jobs through early retirements and turnover, as the auto industry adjusts to a sharp ...

India-China Himalayan standoff deadly for cashmere herds

Antagonisms between Indian and Chinese troops high in the Himalayas are taking a dire toll on traditional goat herds that ...

PG&E fined $4 million in deaths of 84 people in 2018 fire

Pacific Gas & Electric on Thursday was fined $4 million for the deaths of 84 people killed in a nightmarish Northern ...

NYT, WaPo launch new diversity efforts after staff protests

The New York Times and The Washington Post both outlined new measures on Thursday aimed at improving diversity in their ...

Even with ruling, workplace still unequal for LGBTQ workers

Even with this week’s Supreme Court ruling, the workplace will be far from equal for lesbian, gay, bisexual and transgender ...

Lawmakers rip FAA for not disclosing documents on Boeing Max

Senators of both parties lashed out at the Federal Aviation Administration on Wednesday, accusing it of stonewalling their ...

Court strikes down Trump rule that drugmakers disclose price

In a major legal setback for President Donald Trump on a high-profile consumer issue, a federal appeals court has ruled that ...

Hertz suspends plans for $500M stock sale pending SEC review

Hertz said Wednesday it has put its plans to sell $500 million worth of stock on hold because the offering is being reviewed ...

Jobless for years, Tunisians march on capital, demand work

Hundreds of unemployed Tunisians from around the country tried to march on parliament Wednesday to demand a law guaranteeing ...

France sentences Syrian leader's uncle for money laundering

An uncle of Syrian President Bashar Assad was sentenced to four years in prison in France on Wednesday for illegally using ...

Former Bumble Bee CEO gets jail in price fixing conspiracy

A former CEO of Bumble Bee Foods has been sentenced to more than three years in jail for his role in a canned tuna ...

EU opens probe into proposed Fiat Chrysler, Peugeot deal

The European Union is opening an in-depth investigation into the proposed merger of Fiat Chrysler and Peugeot that would ...

US home construction rebounds 4.3% in May

US home construction rebounded 4.3% in May after steep declines caused by shutdowns due to the coronavirus. The Commerce ...

Germany's Lufthansa seeks to shore up support for rescue

Germany’s Lufthansa is warning that a 9 billion-euro ($10.2 billion) rescue package for the airline group could be in danger ...

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