Finance News

July 03, 2020

Merkel says 'every day counts' in passing EU recovery fund

German Chancellor Angela Merkel pushed Friday for a quick agreement on a recovery fund aimed at pulling the European Union ...

July 02, 2020

Landslide at Myanmar jade mine kills at least 162 people

At least 162 people were killed Thursday in a landslide at a jade mine in northern Myanmar, the worst in a series of deadly ...

July 01, 2020

Turkey: 11 detained over tweets dealing with leader's family

At least 11 people were detained in Turkey for social media postings that allegedly insulted President Recep Tayyip Erdogan’s ...

July 01, 2020

Hong Kong police make first arrests under new security law

Hong Kong police made the first arrests Wednesday under a new national security law imposed by China’s central government, ...

June 30, 2020

Mnuchin says hardest-hit businesses should be next aid focus

Treasury Secretary Steven Mnuchin told Congress on Tuesday that the administration wants the next round of economic aid to ...

June 29, 2020

Apple, AT&T, Jack Daniel's: Fed issues details on bond buys

The Federal Reserve on Sunday released a list of roughly 750 companies, including Apple, Walmart and ExxonMobil, whose ...

June 25, 2020

Federal banking agencies ease Volcker Rule restrictions

The Federal Reserve and four other regulatory agencies announced on Thursday that they have finalized a rule that will ease ...

June 24, 2020

Populist Polish president faces tough reelection challenge

Senior citizens in the eastern Polish city of Bialystok sit on city benches after a summer storm had passed, holding small ...

June 23, 2020

Families pay tribute to three men slain in English park

The families of the three victims of a stabbing rampage in a English park paid tribute to their loved ones Tuesday, saying ...

June 22, 2020

Puerto Rico power company gives T&D reins to private firms

Puerto Rico officials said Monday that a consortium of Canadian and U.S. firms will take over the transmission and ...

June 22, 2020

Supreme Court rules SEC can recoup money in fraud cases

The Supreme Court on Monday preserved an important tool used by securities regulators to recoup ill-gotten gains in fraud ...

June 18, 2020

Hertz board scraps planned $500M stock sale amid SEC review

Hertz has scrapped a plan to sell $500 million worth of stock, a move coming a day after the car rental company in the throes ...

June 11, 2020

Board submits Puerto Rico budget as some question its powers

A federal control board that oversees Puerto Rico’s finances submitted a proposed $10 billion budget on Thursday as federal ...

June 03, 2020

Hong Kong leader accuses foreign critics of double standards

Hong Kong leader Carrie Lam accused foreign critics on Wednesday of displaying “blatant double standards” over moves by ...

May 29, 2020

EU says conditions needed in Lufthansa bailout, seeks deal

The EU competition chief said Friday that she is not “creating extra hurdles" for Lufthansa after the airline balked at ...

May 29, 2020

All about Section 230, a rule that made the modern internet

Twenty-six words tucked into a 1996 law overhauling telecommunications have allowed companies like Facebook, Twitter and ...

May 28, 2020

Twitter fact-checks Trump; he threatens new regs or shutdown

President Donald Trump, the historically prolific tweeter of political barbs and blasts, threatened social media companies ...

May 27, 2020

Trump threatens social media after Twitter fact-checks him

President Donald Trump threatened social media companies with new regulation or even shuttering on Wednesday after Twitter ...

May 25, 2020

Germany approves 9 billion euro aid package for Lufthansa

Germany on Monday approved a 9 billion-euro ($9.8 billion) aid package for stricken airline Lufthansa to keep a major ...

May 24, 2020

Hong Kong police fire tear gas, water cannon at protesters

Hong Kong police fired tear gas and a water cannon at protesters in a popular shopping district Sunday, as thousands took to ...