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Economy News

June 06, 2019
The Latest: FCA says French politics caused merger pullout
The Latest on the potential merger of carmakers Renault and Fiat Chrysler (all times local): 1:20 a.m. Fiat Chrysler says ...
Dominique Senard
June 05, 2019
French government: No rush for Renault-Fiat Chrysler merger
Fiat Chrysler and the French government reached a tentative deal Wednesday on terms for the carmaker's potential merger with ...
June 05, 2019
Should Amazon be broken up? 'No,' says Amazon executive
An Amazon executive said Wednesday that the online shopping giant isn't too big and shouldn't be broken up, but added that ...
Bernie Sanders
June 05, 2019
Bernie Sanders urges Walmart board to pay workers more
Bernie Sanders took his latest fight against corporate America to Walmart's home turf. The Vermont senator and 2020 ...
June 05, 2019
Fed says economic gains tempered by trade worries
Most areas of the country saw a slight improvement in economic activity in the spring, but those gains were tempered by ...
June 05, 2019
Trade war comes to Louisville, Jack Daniels takes tariff hit
Led by strong sales for its whiskey and tequila brands, Brown-Forman Corp. reported higher fourth-quarter net income ...
June 05, 2019
US services company grew at faster pace in May
U.S. service companies expanded at stronger pace in May, driven in part by an increase in employment and business activity.
June 05, 2019
Cyprus says it stands to gain $9 billion from gas field
Cyprus stands to gain more than $9 billion from the export of gas from its offshore 'Aphrodite' field over the 18-year ...
June 05, 2019
Survey: Companies add fewest jobs in 9 years in May
U.S. companies added the fewest jobs in nine years, a private survey found, as manufacturers, construction firms and mining ...
June 05, 2019
Production resumes at world's biggest Nutella plant
Workers at the world's biggest Nutella factory have removed picket lines and are back at work after production was brought ...
June 05, 2019
Lottery win delays summer job talk for college student
A father-son talk about a summer job is on the backburner after a New Jersey college student won a $1 million lottery prize.
June 05, 2019
Amid trade war, China's Xi talks up economy, heads to Moscow
Chinese President Xi Jinping is talking up the Chinese economy's resilience as he heads to Moscow for a state visit affirming ...
Mark Karpeles
June 05, 2019
Mt. Gox head Karpeles plans new Japan bitcoin tech business
Mark Karpeles, arrested in Japan after his bitcoin exchange collapsed from massive hacking, has started a business around the ...
June 05, 2019
Germany: no layoffs at Volkswagen brand through 2029
Automaker Volkswagen is ruling out compulsory layoffs at its core brand's German plants for the next 10 years even as it ...
June 05, 2019
Eurozone economy picks up steam but outlook 'gloomier'
A closely watched survey shows that the eurozone economy picked up a little bit of steam in May to expand at a three-month ...
Adisorn Promthep
June 05, 2019
UN agencies urge stronger efforts to stop illegal fishing
Major United Nations agencies are urging key fishing nations to join efforts to fight illegal, unreported and unregulated ...
June 05, 2019
Homelessness rises 12% in Los Angeles County, study finds
The number of homeless people counted across Los Angeles County jumped 12% over the past year to nearly 59,000, with more ...
June 04, 2019
World Bank downgrades its forecast for global economy
The World Bank on Tuesday downgraded its forecast for the global economy in light of trade conflicts, financial strains and ...
Xavier Becerra, Jordon Basileu
June 04, 2019
More states sue opioid maker alleging deceptive marketing
California, Hawaii, Maine and the District of Columbia filed lawsuits Monday against the maker of OxyContin and the company's ...
June 04, 2019
Millennial Money: How to share a deed without an 'I do'
My partner had a goal: He wanted to be a homeowner by 30. A natural at saving, he built up a down payment throughout his ...
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