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Economy News

January 14, 2020
JPMorgan Chase's 4Q profits jump 21%, helped by trading
Banking giant JPMorgan Chase said profit jumped 21% in the final three months of 2019, as the bank's trading desks had a ...
January 14, 2020
Volkswagen hits record sales in bid to top auto industry
Volkswagen has announced record annual sales that could determine whether it keeps its crown as the world's largest automaker
January 14, 2020
New Boeing CEO inherits crisis created under his predecessor
Changing CEOs was the easy part. Now it's up to Boeing's new leader to deal with a crisis caused by two crashes and the ...
January 14, 2020
Toyota recalls nearly 700K vehicles to fix faulty fuel pumps
Toyota is recalling nearly 700,000 vehicles in the U.S. because the fuel pumps can fail and cause engines to stall. That can ...
January 14, 2020
Oklahoma attorney general sues distributors of opioids
Oklahoma Attorney General Mike Hunter on Monday brought a lawsuit against three distributors of opioids after winning a ...
January 14, 2020
Witness recalls panic after children swept to sea in Oregon
Joanne Cornelius had just finished taking photos of the breathtaking waves and extreme high tide outside her home on the ...
January 14, 2020
Prosecutor: Former top stockbroker 'built business on lies'
A former financial planner who was kicked out of the securities industry and ordered to pay millions of dollars in damages ...
January 13, 2020
Lebanese protesters block road outside central bank
Lebanese protesters used sandbags and bricks Monday to block a main street outside the country's central bank, protesting ...
January 13, 2020
Shareholders entitled to opioid distributor's board records
A Delaware judge has ordered one of the world's largest distributors of opioid painkillers to turn over corporate records to ...
January 13, 2020
Malta's new leader takes office amid demands for truth
Malta's new prime minister has been sworn into office, replacing Joseph Muscat who stepped down after public protests related ...
January 13, 2020
5 contenders vie to lead UK Labour back from election defeat
Britain’s opposition Labour Party said Monday that five lawmakers will contend to lead the party as it tries to rebuild ...
January 13, 2020
UAE, Indonesia reach multi-billion dollar investment deals
Indonesia and the United Arab Emirates affirmed deeper economic ties during a visit by Indonesian President Joko Widodo in ...
January 13, 2020
New Labor Dept. rule clarifies 'joint employer' standard
The Labor Department issued a final rule Sunday that clarifies when a worker is employed by more than one company, an issue ...
January 12, 2020
Spain's leader: 'Dialogue' key to new left-wing government
Spanish Prime Minister Pedro Sánchez said Sunday that he wants the hallmark of his new left-wing coalition government to be ...
January 12, 2020
Aramco's 'greenshoe option' pushes IPO to record $29.4B
Saudi Arabian oil giant Aramco announced Sunday that its initial public offering raised a record $29.4 billion, a figure ...
January 12, 2020
Ghosn's Japan lawyer: Questioning averaged 7 hours a day
A lawyer for former Nissan Chairman Carlos Ghosn, who fled to Lebanon while awaiting trial in Japan, said his client was ...
January 11, 2020
GrubHub says it currently has no plans to sell its business
Grubhub says it has no plans to sell the company, a day after media reports said it was exploring its options as competition ...
January 11, 2020
US employment remains strong, 145,000 jobs added in December
U.S. employers added 145,000 jobs in December and the unemployment rate held steady at 3.5%, signaling that the job market ...
January 10, 2020
FAA seeks to fine Boeing $5.4 million over faulty Max parts
The Federal Aviation Administration said Friday it plans to fine Boeing $5.4 million for installing substandard parts on the ...
January 10, 2020
Boeing travails begin to ripple, 2,800 jobs lost in Kansas
Problems for Boeing and its troubled 737 Max aircraft, which appear to be growing deeper, have begun to ripple outward, with ...
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