Sears has filed for Chapter 11 bankruptcy protection, buckling under its massive debt load and staggering losses. Sears once dominated the American retail landscape. But the big question is whether the shrunken version of itself can be viable or will it be forced to go out of business, closing the …
An increase in world oil prices is helping Vietnam earn money that will quicken its already fast economic growth and may help the country build new infrastructure. The only red light: higher fuel prices among Vietnam’s consumers. Vietnam, though not a major oil-producing nation like much of the Middle East, …
World stocks are climbing Friday after two days of sharp losses. Major U.S. stock indexes are up more than 1 percent, but they’re still on track for their biggest one-week loss since late March. Technology and internet companies were some of the hardest hit over the last two days and …
World stocks are climbing Friday after two days of sharp losses. Major U.S. stock indexes are up more than 1 percent, but they’re still on track for their biggest one-week loss since late March. Technology and internet companies were some of the hardest hit over the last two days and …
Just in case any of the global central bankers and finance ministers gathered in Indonesia missed the message delivered repeatedly this week, the host nation said it again Friday: Everyone stands to lose if trade wars are allowed to escalate. Indonesian President Joko Widodo didn’t mention the United States or …
Just in case any of the global central bankers and finance ministers gathered in Indonesia missed the message delivered repeatedly this week, the host nation said it again Friday: Everyone stands to lose if trade wars are allowed to escalate. Indonesian President Joko Widodo didn’t mention the United States or …
Elon Musk replied with a tweet saying “This is incorrect” after the Financial Times reported that outgoing Twenty-First Century Fox Inc. Chief Executive James Murdoch was the lead candidate to replace him as Tesla Inc. chairman. Tesla has until Nov. 13 to appoint an independent chairman of the board, part of settlements reached last …
Parties to a new global treaty to combat the illicit sale of tobacco products have taken the first steps toward cracking down on this multi-billion dollar trade. At a three-day meeting at the headquarters of the World Health Organization in Geneva they have outlined a plan to shut down the …
One of Donald Trump’s top economic advisers says the president is not trying to improperly influence the U.S. central bank. The director of the National Economic Council, Larry Kudlow, spoke to the television network CNBC a day after Trump said the U.S. Federal Reserve is “loco” (crazy) for raising interest rates. On …
One of Donald Trump’s top economic advisers says the president is not trying to improperly influence the U.S. central bank. The director of the National Economic Council, Larry Kudlow, spoke to the television network CNBC a day after Trump said the U.S. Federal Reserve is “loco” (crazy) for raising interest rates. On …
The world’s longest commercial flight, a 19-hour journey from Singapore to New York, took off Thursday from Changi Airport. The Singapore Airlines Airbus A350-900ULR will touch down at Newark Liberty International Airport early Friday after traveling 15,350 kilometers. Singapore Airlines previously flew the same route, but abandoned it in 2013 …
The world’s longest commercial flight, a 19-hour journey from Singapore to New York, took off Thursday from Changi Airport. The Singapore Airlines Airbus A350-900ULR will touch down at Newark Liberty International Airport early Friday after traveling 15,350 kilometers. Singapore Airlines previously flew the same route, but abandoned it in 2013 …
U.S. President Donald Trump said on Thursday he is not going to fire Federal Reserve Chairman Jerome Powell, but is just disappointed in the Fed’s policies. Trump continued a series of attacks on the central bank during remarks at the White House, saying the Fed was out of control and …
U.S. President Donald Trump said on Thursday he is not going to fire Federal Reserve Chairman Jerome Powell, but is just disappointed in the Fed’s policies. Trump continued a series of attacks on the central bank during remarks at the White House, saying the Fed was out of control and …
Lawyers say police in Zimbabwe arrested dozens of trade union members ahead of a planned protest in the capital Thursday over the worst economic crisis in a decade. Zimbabwe Lawyers for Human Rights said police arrested Zimbabwe Congress of Trade Unions members in Harare and the cities of Mutare and …
Lawyers say police in Zimbabwe arrested dozens of trade union members ahead of a planned protest in the capital Thursday over the worst economic crisis in a decade. Zimbabwe Lawyers for Human Rights said police arrested Zimbabwe Congress of Trade Unions members in Harare and the cities of Mutare and …
Mat Beren and his friends used to drive by the vast greenhouses of southern British Columbia and joke about how much weed they could grow there. Years later, it’s no joke. The tomato and pepper plants that once filled some of those greenhouses have been replaced with a new cash …
Mat Beren and his friends used to drive by the vast greenhouses of southern British Columbia and joke about how much weed they could grow there. Years later, it’s no joke. The tomato and pepper plants that once filled some of those greenhouses have been replaced with a new cash …
U.S. stocks posted their worst loss since February on Wednesday, the Dow Jones industrial average finishing the day down more than 800 points. The losses were widespread as bond yields remained high after steep increases last week. Companies that have been the biggest winners on the market the last few years, …
U.S. stocks posted their worst loss since February on Wednesday, the Dow Jones industrial average finishing the day down more than 800 points. The losses were widespread as bond yields remained high after steep increases last week. Companies that have been the biggest winners on the market the last few years, …
The Treasury Department has issued new rules on foreign investments into American companies that will give the government more power to block foreign transactions on national security grounds. The rules represent the latest escalation in an intensifying economic conflict between the United States and China. It will implement a program …
The Treasury Department has issued new rules on foreign investments into American companies that will give the government more power to block foreign transactions on national security grounds. The rules represent the latest escalation in an intensifying economic conflict between the United States and China. It will implement a program …
Dark, dirty and slow, Zimbabwe’s trains, like much else in the impoverished southern African country, have seen better days. Once the preferred mode of transport for most Zimbabweans, the state-run rail service mirrors the decline in the country’s economic fortunes during the last two decades under the leadership of former …
Dark, dirty and slow, Zimbabwe’s trains, like much else in the impoverished southern African country, have seen better days. Once the preferred mode of transport for most Zimbabweans, the state-run rail service mirrors the decline in the country’s economic fortunes during the last two decades under the leadership of former …
Last month, Patrick Ho, a former Hong Kong official fighting foreign bribery charges in New York, thought he had finally received a break. In a dramatic move in the high-profile bribery case, prosecutors on Sept. 14 dropped all criminal charges against Cheikh Gadio, a former Senegalese foreign minister they had …
Last month, Patrick Ho, a former Hong Kong official fighting foreign bribery charges in New York, thought he had finally received a break. In a dramatic move in the high-profile bribery case, prosecutors on Sept. 14 dropped all criminal charges against Cheikh Gadio, a former Senegalese foreign minister they had …