Finance News

February 26, 2021

Germany's Birkenstock selling majority stake to investors

Germany's Birkenstock, known for its upmarket sandals, said Friday it is selling a majority stake to private equity firm L ...

February 26, 2021

Boeing will pay $6.6 million to settle FAA allegations

Federal regulators have imposed $5.4 million in civil penalties against Boeing for violating terms of a $12 million ...

February 23, 2021

Philanthropists pledge $20M gift to HBCU in Maryland

Philanthropist Calvin Tyler Jr., and his wife, Tina, pledged $20 million Monday to his alma mater Morgan State University, ...

February 22, 2021

Supreme Court won't halt turnover of Trump's tax records

In a significant defeat for former President Donald Trump, the Supreme Court on Monday declined to step in to halt the ...

February 22, 2021

Fukushima nuclear plant operator: Seismometers were broken

The operator of the wrecked Fukushima nuclear power plant said Monday that two seismometers at one of its three melted ...

February 22, 2021

FAA orders United to inspect Boeing 777s after emergency

Federal aviation regulators have ordered United Airlines to step up inspections of all Boeing 777s equipped with the type of ...

February 21, 2021

Sudan announces managed currency float to revive economy

Sudan announced a managed flotation of its currency on Sunday, in an unprecedented but expected step to meet a major demand ...

February 19, 2021

Investing ABCs: Teaching your kids about money and markets

The recent stock market mania over the video game company GameStop, which this week was scrutinized by Congress, has provided ...

February 19, 2021

Facebook makes a power move in Australia - and may regret it

For years, Facebook has been in a defensive crouch amid a slew of privacy scandals, antitrust lawsuits and charges that it ...

February 18, 2021

Farmers block trains in northern India to protest new laws

Thousands of protesting farmers blocked trains on Thursday by sitting on railroad tracks in parts of northern India to press ...

February 18, 2021

Malaysia ex-PM's wife ordered to make defense in graft trial

A Malaysian court Thursday ordered the wife of ex-Prime Minister Najib Razak to enter her defense in a corruption trial ...

February 16, 2021

Audit: FEMA paid for unused rooms for 2017 disaster victims

An audit has found that the Federal Emergency Management Agency paid for unused hotel rooms and may have overpaid room taxes ...

February 16, 2021

Poland to redraw media tax proposal following protests

Poland’s right-wing government said Tuesday it will redraw its proposed media advertising tax to make it fairer after it led ...

February 15, 2021

Namibia closes state-owned Air Namibia citing big losses

The government of Namibia has closed the southern African country's state-owned airline, Air Namibia, saying that it can no ...

February 13, 2021

India's top court tackles social media in free speech case

India’s top court on Friday asked for the government and Twitter’s response to a petition seeking greater regulation of ...

February 12, 2021

AP FACT CHECK: The senator and Trump's misdialed phone call

Donald Trump's Senate impeachment trial hit a snag when Republican Sen. Mike Lee of Utah objected to how Democrats ...

February 10, 2021

Independent Polish media suspend coverage to protest ad tax

Independent media outlets in Poland suspended news coverage and other programming Wednesday to protest a planned new ...

February 10, 2021

Board reaches tentative deal to lower Puerto Rico debt

A federal control board that oversees Puerto Rico’s finances announced Wednesday that it has reached an agreement in ...