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ABC News: Money

Technology stocks push the market lower, extending losses New! 2019-05-20 14:58:13Technology companies are leading a broad slide in stocks on Wall Street, extending the market's losses into another week

Game of Thrones: Economics of mercy and other New! 2019-05-20 14:41:13Game of Thrones: Bran's charisma deficit, the wisdom of putting a fox in charge of the henhouse and the benefits of mercy

Tesla stock falls as concerns about demand for New! 2019-05-20 12:41:38Tesla's stock is falling, with concerns about its Model 3 demand in the US at the forefront

Ford is cutting 7,000 white-collar jobs New! 2019-05-20 12:37:28Ford gets ready for a future of electric and autonomous vehicles, parting ways with 7,000 white-collar workers worldwide, about 10% of global salaried

Markets Right Now: Stocks lower as chipmakers slump New! 2019-05-20 12:10:40A sell-off in shares of chipmakers is pushing U.S. stocks lower at midday on Wall Street Monday

Need to learn more about business? You have New! 2019-05-20 11:38:42Small business owners who want to learn about accounting or other business basics have many options including free, low-cost and online courses

Impossible Foods debuts meatless sausage at Little Caesars New! 2019-05-20 10:50:34Impossible Foods debuts meatless sausage at Little Caesars, which will start testing it Monday at 58 restaurants

Ford cutting 7,000 white-collar jobs, about 10% of New! 2019-05-20 09:20:11Ford cutting 7,000 white-collar jobs, about 10% of its global salaried workforce

World shares mixed with no easing of China-US New! 2019-05-20 07:00:13World shares mixed, European benchmarks and Wall Street futures lower

China's pig disease outbreak pushes up global pork New! 2019-05-20 05:36:44Pork lovers worldwide are wincing at prices that have jumped up to 40 percent

Asian shares mixed; election results buoy India, Australia 2019-05-20 01:00:15Asian shares mixed, India and Australia up on election outcomes

Japan economy expands 2%, 2nd straight quarter of 2019-05-20 00:40:15The Japanese government says Japan's economy grew at an annual pace of 2.1% in the first quarter, marking the second straight quarter of expansion

Reuters: Business News

Nike, Under Armour, among others, urge Trump to New! 2019-05-20 14:49:34Leading U.S. footwear companies, including Nike Inc and Under Armour, on Monday urged the U.S. President Donald Trump to immediately remove footwear f

Daimler plans to cut administration costs by 20%: New! 2019-05-20 14:42:09Incoming Daimler boss Ola Kaellenius is working on a cost cut program to reach profit margin targets which are threatened by global trade woes and ram

Ford Motor Co to cut 10% of white-collar New! 2019-05-20 14:38:01Ford Motor Co said on Monday it will eliminate about 10% of its global salaried workforce, cutting about 7,000 jobs by the end of August as part of i

T-Mobile's deal for Sprint gets big boost from New! 2019-05-20 14:03:58T-Mobile US Inc's $26 billion acquisition of rival Sprint Corp won the support of the head of the Federal Communications Commission on Monday, in a b

UK firms likely to scrap planned investment on New! 2019-05-20 14:03:08British companies are likely to cancel projects that they have put on hold because of Brexit uncertainty if the country leaves the European Union with

Tesla stock and bonds tumble as investors fret New! 2019-05-20 13:58:02Tesla's stock and bonds tumbled on Monday as investors worried about the automaker's cash burn and problems with an Autopilot system that CEO Elon M

Wall St. pressured as Huawei fallout worries spark New! 2019-05-20 13:30:25U.S. stocks dropped on Monday, as Washington's restrictions on China's Huawei Technologies stoked fears about a hit to the broader technology sector

Chips are down: Huawei U.S. blacklisting knocks semiconductor New! 2019-05-20 13:24:57U.S. and European chipmakers fell sharply on Monday amid worries the Huawei Technologies suppliers may suspend shipments to the Chinese firm due to a

GM says most new vehicles to get over-the-air New! 2019-05-20 13:21:35General Motors Co said on Monday most of its global models will be capable of over-the-air software upgrades by 2023, as the automaker rolls out new v

U.S., China bicker over 'extravagant expectations' on trade New! 2019-05-20 13:12:16China accused the United States on Monday of harboring "extravagant expectations" for a trade deal, underlining the gulf between the two sides as U.

U.S. unlikely to suffer big damages from China New! 2019-05-20 13:11:06Trade tensions with China need to linger for an extended period to cause real damage to the United States economy, St. Louis Fed President James Bulla

Teens made up most of e-cigarette maker Juul's New! 2019-05-20 12:52:49(Reuters Health) - Almost half of the people who followed Juul Labs Inc on Twitter last year were not old enough to legally purchase e-cigarettes in t

L.A. Times - Business

Stocks slide broadly, led down by technology shares New! 2019-05-20 14:10:00Technology companies led a broad slide in stocks Monday on Wall Street, extending the market’s losses into another week. The U.S. decision to ba

California Inc.: China accelerates plans for self-driving cars New! 2019-05-20 08:00:00Welcome to California Inc., the weekly newsletter of the L.A. Times Business Section. I'm Business columnist David Lazarus, and here's a rundown of

Top U.S. tech companies begin to cut off 2019-05-19 23:45:00Top U.S. corporations including chipmakers and Google have frozen the supply of crucial software and components to Huawei Technologies Co., complying

Ryan Disraeli’s TeleSign helps prevent online fraud, one 2019-05-19 07:00:00Ryan Disraeli, 31, is one of the three co-founders of TeleSign, a Marina del Rey company that provides user identification software for things such as

Here’s a case where taking retirement funds early 2019-05-19 06:00:00Dear Liz: My wife and I are both retired and receiving annuity payments. In addition, we have about $1.3 million in traditional IRAs and $350,000 in a

Price hikes from rising tariffs loom ahead of 2019-05-19 06:00:00Major retailers are sounding the alarm: The U.S.-China trade battle could be coming to a mall near you in the form of higher prices in time for the ba

Disneyland’s Sleeping Beauty Castle reappears with vibrant colors 2019-05-18 11:00:00Sleeping Beauty Castle, the centerpiece of the Disneyland park in Anaheim, has been undergoing a makeover for the past four months, a job that blocked

Fast-food workers get a new perk: finish a 2019-05-18 10:00:00Workers at Church’s Chicken, Pizza Hut and Checkers can now get expedited pay as U.S. restaurants grapple with a labor shortage that’s not

A diabetes patient hurt by a do-it-yourself pancreas 2019-05-18 10:00:00The U.S. Food and Drug Administration warned diabetics against building their own artificial pancreas system to help control blood sugar levels after

Riot Games keeps requiring arbitration in sexual harassment 2019-05-17 18:55:00Riot Games will still require employees to go through arbitration with the company — rather than a trial — over complaints of sexual haras

Stocks wobble, finishing S&P 500’s second down week 2019-05-17 18:15:00Stocks on Wall Street fell broadly Friday as investor jitters over the heated U.S.-China trade war overshadowed encouraging developments in conflicts

California gains 46,000 jobs as unemployment stays near 2019-05-17 18:15:00The California economy surged forward in April as employers added 46,000 net jobs and unemployment held steady at 4.3%, near a record low, according t

Economy

Here's what to do if the US-China trade New! 2019-05-20 09:08:00The trade war with China and rising pressure on manufacturers and retailers are bringing a new worry: layoffs. Here's how to manage if you lose your

Atlanta Fed President Bostic does not see a New! 2019-05-20 08:42:00Bostic expressed confidence in the economy, and in the Fed's position on monetary policy, during an interview Monday with CNBC.

China is in 'no rush' to restart trade New! 2019-05-20 08:05:00Beijing is in "no rush" to resume trade talks between the U.S. and China.

Three states just set new lows for unemployment 2019-05-17 11:23:00Vermont's 2.2%, Pennsylvania's 3.8% and Wisconsin's 2.8% set new lows for state unemployment rates.

US consumer sentiment surges to highest level in 2019-05-17 10:00:00The optimistic consumer outlook was mostly recorded before U.S.-China trade deliberations soured earlier this month.

Trump administration will delay auto tariffs for up 2019-05-17 08:38:00The White House had to decide by Saturday whether to slap tarifffs on autos over what it calls national security concerns.

China accuses the US of 'bullying behavior' 2019-05-17 07:47:00"China always believes that raising tariffs is not a solution to the trade frictions," a Chinese Ministry of Commerce spokesperson says.

US recession risk rises as US-China trade tensions 2019-05-17 07:21:00Over the last month the U.S.-China trade war has boosted the risk of a U.S. recession, say a strong majority of economists polled by Reuters.

Credit card rates are now at their highest 2019-05-16 15:52:00It costs more than ever to pay with a credit card, which could be a drag on economic growth.

US housing starts rose more than expected in 2019-05-16 08:31:00U.S. housing starts were expected to total 1.205 million in April, up from the 1.139 million starts reported for the previous month.

US weekly jobless claims fall more than expected 2019-05-16 08:30:00First-time claims for state unemployment benefits were expected to total 220,000 for the most recent week, down from the 228,000 claims reported for t

The Atlanta Fed's GDP forecast is sliding, and 2019-05-15 13:58:00The Atlanta Fed's GDPNow tracker is pointing to a 1.1% gain in Q2. Markets expect a Fed rate cut as soon as September.

NYT > Economy

China, Defiant but Careful, Promises Aggressive Response to 2019-05-11 00:15:32A longer or worsening trade war could hurt China’s already bruised factories. Still, Beijing is signaling it is ready for a fight.

Argentina’s Economic Misery Could Bring Populism Back to 2019-05-10 21:45:35Argentina’s turn away from populism and embrace of market forces has enraged people who have lost aid without producing a promised economic revi

Nonfiction: An Economist Who Believes Only Government Can 2019-05-10 16:08:23In “People, Power, and Profits” Joseph E. Stiglitz argues that more state involvement in the economy is part of the solution, not part of

They Got Rich Off Uber and Lyft. Then 2019-05-10 12:33:51Meet the semiretired millennials who left California for low-tax, low-stress places like Texas, as their former start-ups stampede toward the stock ma

Trump Increases China Tariffs as Trade Deal Hangs 2019-05-10 09:42:08President Trump raised tariffs on $200 billion worth of Chinese imports to 25 percent from 10 percent on Friday morning.

Trump Could Raise Tariffs on China. Here’s How 2019-05-09 11:43:36Beijing could match what the United States does, and its options include upping the ante in untraditional ways. But most of its choices come with draw

Why Markets Aren’t Sweating the U.S.-China Trade War 2019-05-09 00:43:52The president has tended to back off whenever markets and the economy have looked soft.

Bye-Bye, Bathroom Attendants? 2019-05-08 22:23:44A profession affected by gender neutrality, changing mores and the cashless economy.

‘We Have a Lot of Questions’: Doubts Loom 2019-05-08 19:34:19President Trump said he was helping to save jobs at the Ohio factory after General Motors ceased production there. But such promises have not always p

Uber Drivers’ Day of Strikes Circles the Globe 2019-05-08 19:13:40Protests from Australia to San Francisco denounced the employment practices of ride-hailing companies. “I believe we deserve some respect and to

Real Estate’s Latest Bid: Zillow Wants to Buy 2019-05-07 16:46:37Offering “instant buying” to home sellers, companies like Zillow and Opendoor are bringing liquidity to the housing market. Critics fear t

The Economy That Wasn’t Supposed to Happen: Booming 2019-05-04 00:23:28Maybe using data from a few decades in the middle of the 20th century to set policy in the 21st isn’t such a good idea.

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India's drug regulator warns patients against faulty Medtronic New! 2019-05-20 13:33:05India's CDSCO has advised patients to seek immediate medical assistance if they feel dizzy, light-headed, severe short breath or loss of consciousnes

US, China trade war will push world towards New! 2019-05-20 13:18:58Reserve cut US interest rates back to zero within a year if the world economy heads to recession, says Morgan Stanley.

Kamal Nath says he is ready for floor New! 2019-05-20 12:42:28He said the BJP was talking about instability of the Congress-led government as it wanted to save itself from getting "exposed" on its erstwhile cor

From McAloo to Egg Wrap, McDonald's drops several New! 2019-05-20 10:50:59Besides, the menu boards, tray mats, and packaging have a new design to be consistent with McDonald's simple, modern brand identity

India adopts new standards for measuring kilogram, kelvin, New! 2019-05-20 10:45:34Over 100 countries have adopted the metric system of measurements, also known as the International System of Units (SI), which has been in practice si

Investor wealth soars Rs 5.33 trillion as exit New! 2019-05-20 10:36:29In the forex market, the rupee strengthened and was trading higher by 58 paise to 69.65 against the dollar

Young and unsettled: Millennials and Gen Z pessimistic New! 2019-05-20 09:46:42Only about half of both groups aspire to purchase a home, and even fewer desire to start a family, says Deloitte survey.

Amitabh Bachchan is most trusted celebrity; Virat leads New! 2019-05-20 09:20:45The Most Trusted Personality 2019 report lists the most trusted individuals across three different fields

Amul hikes milk prices by Rs 2/ltr in New! 2019-05-20 08:46:28Prices will go also up in Gujarat, West Bengal, Kolkata, Uttaranchal, Maharashtra, and other places.

BJP to meet allies, discuss new govt after New! 2019-05-20 08:18:26Party president Amit Shah will hold discussions with National Democratic Alliance Partners at BJP HQ in Delhi.

ArcelorMittal tells NCLAT it will pay Rs 42k New! 2019-05-20 07:43:12The debt-ridden Essar Steel has alleged foul play, saying that vital facts have been suppressed by ArcelorMittal which would have rendered them inelig

Sensex vaults 1,422 pts, most in 10 years, New! 2019-05-20 06:37:09All that happened in the markets today


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