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Economy News

June 12, 2019
Mississippi's capital city sues company over water billing
Mississippi's capital city is suing the German company it hired to overhaul its water billing system, saying the company ...
June 12, 2019
Venezuela introduces new banknotes as inflation soars
Venezuela is planning to introduce banknotes with larger denominations to cope with hyperinflation which shows no signs of ...
June 12, 2019
EU asks Italy to better explain debt or face legal action
Europe's economy commissioner on Wednesday urged the Italian government to quickly provide any new information it might have ...
June 12, 2019
UK House of Commons rejects bid to rule out no-deal Brexit
British opposition lawmakers failed Wednesday in their latest attempt to ensure the U.K. can't leave the European Union ...
CVS HealthHUB
June 12, 2019
US consumer prices edged up 0.1% in May
U.S. consumer prices increased a slight 0.1% in May, as inflation was tempered by lower costs for gasoline, electricity and ...
June 12, 2019
KKR to take stake in German publisher Axel Springer
Global investment firm KKR is set to take a stake in Germany's Axel Springer, the publisher of the mass-circulation Bild ...
June 12, 2019
France's Dassault to acquire Medidata for $5.8 billion
French software company Dassault Systems says it will buy U.S.-based Medidata Solutions for $5.8 billion in cash.
Hiroto Saikawa
June 12, 2019
Proxy companies advise shareholders against Nissan's Saikawa
Two investor research companies are advising Nissan shareholders to turn down a proposal to reappoint the automaker's chief ...
Michael Milano
June 12, 2019
Asian stocks mostly lower after retreat on Wall Street
Shares were mostly lower in Asia on Wednesday and Hong Kong's Seng index tumbled 1.7% as thousands continued protests against ...
June 12, 2019
$1.6B pipeline proposed to move North Dakota crude oil
Two companies are proposing a $1.6 billion pipeline to move North Dakota crude oil, making it the biggest such project to ...
Elon Musk
June 12, 2019
Tesla CEO lifts shareholder spirits, takes aim at media
Tesla CEO Elon Musk assured shareholders the electric car maker has recovered from a disappointing start this year and ...
June 12, 2019
OSHA: Street should have closed before Miami bridge collapse
Engineers had knowledge of extensive cracking and failed to order a street closed and shore up a pedestrian bridge before it ...
June 11, 2019
Thousands of Czechs demand premier, justice minister resign
Thousands of Czechs have rallied to demand the resignation of Prime Minister Andrej Babis and his new justice minister as ...
June 11, 2019
US says Egypt, Jordan and Morocco to attend peace workshop
A White House official said Tuesday that Egypt, Jordan and Morocco have confirmed their attendance at a U.S. conference this ...
June 11, 2019
Wholesale prices blip up 0.1% in May
U.S. wholesale prices rose just 0.1% in May month, another sign that inflation remains under control. The Labor Department ...
June 11, 2019
SC gun supplier files for bankruptcy; majority owner sued
A South Carolina gun and sporting goods distributor is filing for bankruptcy amid allegations of mishandled funds borrowed ...
June 11, 2019
Private equity firm buying Shutterfly for $1.74 billion
Private equity firm Apollo Global Management is buying online photo publishing company Shutterfly for $51 per share.
June 11, 2019
California county questions security deal for men-only club
An annual retreat in California put on by an elite club whose ranks include former Presidents Ronald Reagan and Richard Nixon ...
Craig Esposito
June 10, 2019
Markets Right Now: Stocks rise on US deal with Mexico
The latest on developments in financial markets (all times local): 4:00 p.m. Stocks are closing higher Monday after President ...
June 10, 2019
Hungarian rescuers 'not far' from lifting tour boat wreckage
Hungarian rescue officials said Monday they have nearly completed their preparations to start the difficult process of ...
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