Money

China blocks Foxconn plan to restart factories over virus worries - Nikkei

Depending on when Apple vendor factories reopen, there could be a significant impact on device supplies, which would result in longer shipping and waiting tim...


US Economy Adds 225K Jobs in January, Unemployment at 3

Still, employers across an array of sectors added jobs. Most of the new "hard hat" jobs, +35,000, were with "specialty trade contractors". Alberta lost nearly...


Ryanair says MAX woes may delay growth by two years

A total of 152 million passengers boarded their 340 Boeing 737s a year ago. And the CEO spoke on Monday in Dublin, Ireland. More Boeing 737s for Ryanair? ...


Trump impeachment trial closing arguments: five key takeaways

Alabama Democrat Doug Jones , considered the most vulnerable senator up for reelection this year, and Kyrsten Sinema of Arizona have not yet said how they wi...


Goods & Services Deficit Narrowed by 1.7% in 2019

The imposition of hefty tariffs on China - leading to a almost two-year long U.S. -China trade war a year ago, Washington slapped tariffs on billions worth of...


China to inject economy with $174 billion amid coronavirus outbreak

Financial markets in China will resume trading on Monday following the end of the extended Lunar New Year holiday that started on January 24. The Chinese auth...


Gasoline down a penny per gallon in MA

Motorists are paying an average of $37 for a full 15-gallon tank of gasoline. Almost 5,000 stations are now selling gasoline under $2 per gallon, a critical p...


Hubei reports 65 new deaths, Ecuador announces its first case

Hubei's provincial capital of Wuhan , where the virus is believed to have originated, reported 49 new deaths on Tuesday, up from 48 on Monday. China's curr...


Macau to close casinos for two weeks over virus

The decision to close the casino venues in the gambling territory has come following confirmation of the tenth case of the virus that has so far killed over...


OPEC To Review Oil Price Fall Following Coronavirus Epidemic

That's no easy task as the respiratory disease continues to infect and kill more people, while causing massive economic disruption. Economists have cut China...


Stocks rally as China markets reopen, dollar gains

In an upbeat sign for the USA economy, new data showed the US factory sector improved in January, moving into expansionary territory for the first time since Ju...


Murkowski rebukes Trump, Senate, but says she will vote to acquit

They also revisited this argument that the ultimate judge in the president's actions should be the electorate. What she's saying: A vote to remove the presi...


AirAsia's Tony Fernandes steps aside amid bribery probe

AirAsia Group CEO Tony Fernandes, one of the world's most iconic airline entrepreneurs, will step aside from the company for at least two months after reports...


Manufacturing purchasing managers' index up in January

While analysts were surprised by the sudden jump in manufacturing PMI, it is for the 30th consecutive month that the manufacturing PMI has remained above the 50...


Jeff Bezos Sued by Girlfriend Lauren Sanchez's Brother Michael for Defamation

Lauren Sanchez , however, described her brother's lawsuit against Jeff Bezos as "baseless and untrue". Lauren Sanchez, in a statement obtained through her l...


China praises Canada, slams USA over coronavirus response

Nancy Messonnier, director of the CDC's National Center for Immunization and Respiratory Diseases. The US Department of Health and Human Services (HHS) is mak...


China says US should not overreact on coronavirus outbreak

Beijing says it will help firms that produce vital goods resume work as soon as possible, state broadcaster CCTV reported. Wuhan and other cities remain in vi...


Wall Street rises at open after steep selloff

All the fears are the product of a growing uncertainty: Nobody knows how much the virus will ultimately hurt economies and corporate profits, let alone human li...


WeWork Taps Sandeep Mathrani to Be Its CEO

Underscoring the urgency of the task, Mr. Claure plans to relocate from Miami to NY, where WeWork is based, in the coming weeks. WeWork pulled the IPO in Sep...


NYT Uncovers Culture Of Bullying And Sexual Misconduct At Victoria's Secret

On the same day, Razek touched the crotch of another model, according to three people. Razek's son also worked at the company and was reportedly moved to fe...


Hong Kong closes border entry points

Additional measures in this regard include sending all the Hong Kong residents who have been to Hubei Province in the past 14 days into quarantine centers, and ...


Philippines reports first coronavirus death outside China

The two infections were determined during tests at the Germersheim military barracks, where 115 of the evacuees were brought for quarantine. These two cases are...


China virus toll rises as Chinese markets set to reopen after holiday

The China Securities Regulatory Commission (CSRC) said it had taken the decision after balancing various factors, and believed the outbreak's impact on the ma...


United States bans travel from China by foreign nationals amid coronavirus spread

Last week, China's central government finally jumped into action, effectively sealing off Wuhan and its surrounding Hubei province, and curbing travel across th...


PG Tips and Lipton: Big Brands For Sale As Tea Consumption Dips?

This was its slowest quarterly growth since at least 2009. Unilever is following a consumer shift to coffee as a primary source of caffeine, with takeaway...


Dow plunges 603 points from fears of the corona virus

The index is on track for its second weekly loss and its biggest weekly decline since early August. The virus has infected nearly 10,000 people in just two mo...


LIC to be listed: Sitharaman

Budget 2020 announcement that insurance behemoth LIC will be listed was well received by market participants who said this will be " IPO of the decade" akin...


Airbus to pay $5.26B to settle bribery cases

Said US District Judge Thomas Hogan about the case against Airbus: "It was a pervasive and pernicious bribery scheme in various divisions of Airbus SE that went...


US, others impose restrictions as virus toll spikes further

Australia said it was barring entry to non-citizens arriving from China , while Australian citizens who had travelled there would be required to go into "self-...


US Economy Exhibits Moderate Third Quarter Growth Rate

But two years later, GDP growth actually slowed to just 2.1 percent in the final quarter of 2019. In fact, Trump's economists claimed the latest numbers "...