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Economy News

The Latest: Renault flags concerns over Ghosn expenses

The Latest on Renault's board meeting and the investigation into former chairman Carlos Ghosn (all times local): 5:15 p.m.

Kenyan families of Ethiopian crash victims to sue

A U.S.-based attorney says eight Kenyan families of people who died in an Ethiopian Airlines crash last month will sue ...

Prosecutor says ex-Malaysian PM abused his 'absolute power'

Former Malaysian Prime Minister Najib Razak sat in the dock Wednesday at the start of his corruption trial, with the chief ...

Survey: Businesses add jobs at slowest pace in 18 months

Companies added the fewest jobs in 18 months in March, a private survey found, suggesting employers may have grown more ...

World shares advance ahead of US-China trade talks

Global shares rose Wednesday ahead of the resumption of trade talks between the U.S. and China in Washington and amid hopes ...

Ghosn plans April 11 news conference, vows to tell the truth

Former Nissan Chairman Carlos Ghosn, facing financial misconduct charges in Japan, says he will hold a news conference on ...

Malaysia to sell yacht at center of 1MDB scandal for $126M

Malaysia's government said Wednesday that a luxury yacht allegedly bought with money stolen from a troubled state investment ...

UK services sector shrinks as Brexit uncertainty hits orders

Britain's huge services sector contracted in March for the first time since the immediate aftermath of the vote in June 2016 ...

Services help shore up eurozone economy in Q1 - survey

A closely monitored survey shows that the 19-country eurozone ended the first quarter of the year on a sluggish but positive ...

China formally arrests Xinjiang ex-governor in bribery case

The former governor of the restive Xinjiang region has been formally arrested on accusations of taking bribes following a ...

New Zealand lawmakers pass initial vote for new gun controls

New Zealand lawmakers on Tuesday voted overwhelmingly in favor of new gun restrictions during the first stage of a bill they ...

India election body struggles with scale of fake information

When India's Election Commission announced last month that its code of conduct would have to be followed by social media ...

Singapore carrier grounds 2 Boeing 787-10 jets after checks

Singapore Airlines has grounded two of its Boeing 787-10 aircraft due to engine issues, the carrier said Tuesday. It said in ...

High prices, interest rates push 1Q US auto sales down 2%

Automobile sales in the U.S. fell 2% in the first quarter, another sign the nation's economy is starting to slow.

'Pharma Bro' in solitary confinement for alleged phone use

Pharmaceutical honcho Martin Shkreli has been banished to solitary confinement amid allegations he was running his drug ...

US stock indexes cap listless trading day with mixed finish

A day of listless trading on Wall Street ended with an uneven finish for stock indexes as the market lost some of its ...

News industry leaders fighting back against claims by Trump

News industry leaders are fighting back against the charge by President Donald Trump and his supporters that the ...

Walgreens lowers 2019 expectations after 2Q forecast miss

Walgreens slashed its 2019 forecast and missed second-quarter expectations with a performance that sent its shares plunging ...

Delta, AmEx renew credit card deal; Delta boosts outlook

American Express and Delta Air Lines extended their credit card partnership through 2029, the companies jointly announced ...

Senate committee to investigate FAA safety inspectors

A Senate committee says it's investigating whistleblower complaints about the training and credentials of federal inspectors ...

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