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ABC News: Money

Boeing to pay $100 million to crash families, 2019-07-03 13:57:45Boeing says it will pay $100 million to families and communities affected by deadly crashes of its 737 Max airliner

S&P 500, Dow industrials and Nasdaq close at 2019-07-03 13:46:27U.S. stocks closed broadly higher on Wednesday and reached a third record high in as many days

Stage set for lackluster 2nd-quarter US corporate earnings 2019-07-03 13:14:17U.S. trade conflicts and signs of a slowing global economy have led many U.S. companies to lower expectations for how much profit they made in the spr

Markets Right Now: Major US indexes close at 2019-07-03 13:11:57Major U.S. indexes are closing at record highs on a holiday-shortened trading day.

Dow Jones Industrial Average closes at a record 2019-07-03 13:03:54Dow Jones Industrial Average closes at a record high, S&P 500 closes at a record for 3rd day in a row

Lee Iacocca, engineer of Chrysler's turnaround, dies at 2019-07-03 12:22:01Former colleagues say retired Chrysler CEO Lee Iacocca has died at age 94. Iacocca had a 32-year career at Ford, and then at Chrysler

Trump says US should start manipulating the dollar 2019-07-03 12:14:14Trump says US should start manipulating the dollar and stop being played for 'dummies' in trade

Already cautious businesses grow even more wary about 2019-07-03 11:16:03Small businesses that have already taken a cautious approach to hiring are becoming even more conservative amid concerns that the economy is losing mo

US services companies grow more slowly in June 2019-07-03 10:27:05Survey: Growth for US services companies slows in June

Survey: Modest job gains in June hint at 2019-07-03 09:00:25US companies added just 102,000 jobs, a possible sign that the unemployment rate could rise

US trade deficit rises to 5-month high of 2019-07-03 08:44:11US trade deficit widens to 5-month high of $55.5 billion in May; gaps grow with Mexico and China

US trade deficit rises to 5-month high of 2019-07-03 08:31:56US trade deficit rises to 5-month high of $55.5 billion in May; gap grows with Mexico and China

Reuters: Business News

Boeing makes $100 million pledge for 737 MAX 2019-07-03 18:31:03Boeing Co said on Wednesday it would give $100 million over multiple years to local governments and non-profit organizations to help families and comm

Pricier grills but cheaper meat: how Trump's trade 2019-07-03 18:25:59U.S. consumers likely paid more for grills to cook their Independence Day hot dogs and burgers this year because of the U.S.-China trade war, but they

U.S. reviews export requests to Huawei with 'highest 2019-07-03 18:13:05The U.S. government said on Wednesday it was reviewing license requests from U.S. companies seeking to export products to China's Huawei Technologies

Amazon can be held liable for third-party seller 2019-07-03 17:34:47A federal appeals court on Wednesday ruled against Amazon.com Inc in a case that could expose the online retailer to lawsuits from customers who buy

Major averages close at record highs on dovish 2019-07-03 16:11:52U.S. stocks rose on Wednesday, with each of the major indexes closing at a record high, as expectations grew that the Federal Reserve would take a mor

U.S. judge blocks Qualcomm effort to put antitrust 2019-07-03 16:04:35A U.S. judge on Wednesday ruled against Qualcomm Inc's effort to block the implementation of a sweeping antitrust ruling against it as the mobile ch

Facebook, privacy activist Schrems face off in July 2019-07-03 15:33:52Facebook will face Austrian privacy activist Max Schrems next week at Europe's top court in a landmark case that could affect how hundreds of thousan

Oil prices climb as U.S. equities rally, rig 2019-07-03 15:05:38Oil prices edged higher on Wednesday ahead of a U.S. holiday, after falling steeply a day earlier as worries about a slowing global economy outweighed

Arizona cancels incentive for Nike plant after 'terrible 2019-07-03 14:19:37Arizona's governor on Tuesday withdrew a $1 million incentive for Nike Inc to build a plant in the state after the world's largest sportswear maker

U.S. trade, services industry data underscore slowing economy 2019-07-03 13:51:27The U.S. trade deficit jumped in May and trade tensions between the United States and China helped drive activity in the services sector to a two-year

Asda boss sees possible stock market listing in 2019-07-03 13:49:44The timescale for a possible stock market listing of British supermarket group Asda, by its U.S. parent Walmart , is two to three years, Asda's boss

Global stock markets, bonds rally in expectation of 2019-07-03 13:22:38Record low bond yields in Europe and the expectation of further interest rate cuts by central banks worldwide helped push global stock market indices

L.A. Times - Business

Broadcom is said to be in advanced talks 2019-07-03 18:45:00Broadcom Inc. is in advanced talks to buy cybersecurity firm Symantec Corp., according to people familiar with the matter, seeking a further expansion

AT&T considers selling regional sports networks to slash 2019-07-03 17:50:00AT&T Inc. is weighing a sale of its regional sports networks as part of a plan to cut as much as $8 billion in debt by the end of the year, accord

Univision to seek buyer after selling Gizmodo online 2019-07-03 17:45:00Univision Communications Inc. is seeking possible bidders as part of a plan by the Spanish-language broadcaster to explore strategic options, accordin

4th of July 2019: Here’s what’s open and 2019-07-03 17:15:00If you find yourself needing more drinks, ice or hamburger buns this Fourth of July, don’t panic — we’ve got you covered. Here&rsquo

L.A.’s new Airbnb rules bar short-term rentals of 2019-07-03 16:40:00New restrictions on Airbnb and similar services in Los Angeles went into effect this week, driven by complaints that an explosion of short-term rental

Trump’s latest Fed choices are a longtime monetary 2019-07-03 16:25:00After a yearlong assault on the Federal Reserve and its chairman, President Trump has tapped two wildly different economists to the central bank&rsquo

Rents on controlled apartments in Los Angeles can 2019-07-03 16:00:00As of this week, landlords of Los Angeles rent-controlled buildings can raise rent by 4%, the first time in a decade the annual cap isn’t 3%. Th

Jim Beam warehouse fire ruins 45,000 barrels of 2019-07-03 15:25:00A fire at a Jim Beam bourbon facility in Kentucky ruined about 45,000 barrels, potentially destroying hundreds of millions of dollars of alcohol. Two

Boeing offers $100 million to families of 737 2019-07-03 13:25:00Boeing Co. said it would offer $100 million to support the families of victims and others affected by the recent crashes of its 737 Max jetliner, whic

U.S. slaps import duties of more than 400% 2019-07-03 11:45:00The U.S. Commerce Department imposed duties of more than 400% on steel imports from Vietnam, accusing some businesses of shipping products from the So

Stock indexes close at record highs in shortened 2019-07-03 10:05:00Investors extended a rally through a holiday-shortened day and pushed the S&P 500 index to its third straight record-high close on Wednesday. Othe

Sophia Amoruso, L.A.’s millennial ‘Girlboss,’ is busy with 2019-07-03 09:00:00Sophia Amoruso, the 35-year-old “#Girlboss” author and businesswoman, dabbed her eyes, which were covered in a glittery eye shadow. &ldquo

Economy

US consumer spending rises in May, but inflation 2019-06-28 08:30:00U.S. personal income was expected to rise 0.3% in May, down from the 0.5% increase reported for the previous month.

Here's what every major Wall Street bank believes 2019-06-28 08:16:00Wall Street strategists think a cease-fire is the most likely outcome at the G-20 meeting between President Donald Trump and President Xi Jinping.

Trump might not need to hear much to 2019-06-28 08:04:00Trump and Chinese President Xi Jinping are set to meet Saturday, with expectations running high that the two leaders can strike some bargain

What you need to know about Saturday's highly 2019-06-28 04:34:00The highly anticipated meeting will likely impact the bilateral relationship and the broader global economy.

JP Morgan, Goldman and others boost dividends and 2019-06-27 16:40:00All 18 of the big institutions tested by the Fed won approval to boost payouts with the exception of the U.S. division of Credit Suisse, which had wea

$300 billion tariff threat looming over the G-20 2019-06-26 09:05:00Presidents Donald Trump and Xi Jinping are scheduled to meet Saturday, the second day of the two-day G-20 summit in Osaka, Japan.

US core capital goods orders rebound; shipments increase 2019-06-26 08:30:00U.S. factory orders for long-lasting goods were expected to ease 0.1% in May, after sinking 2.1% a month earlier.

Trump says a US-China trade deal is possible, 2019-06-26 08:24:00While Trump stresses the importance of getting a deal, he also says the tariffs have been good for the U.S. economy.

Weekly mortgage rates fall further, but only refinance 2019-06-26 07:00:00Mortgage application volume was 40% higher than a year ago, largely because lower rates are strengthening the refinance market.

Mnuchin: 'We were about 90% of the way' 2019-06-26 05:04:00Mnuchin tells CNBC he's confident President Trump and China's Xi Jinping can make progress in stalled trade talks.

The trade war is weighing on Chinese home 2019-06-25 19:27:00Trade tensions appear to have depressed Chinese property purchases in the United States. Beijing's own actions may also be playing a role.

Trump and Xi meet Saturday — If it 2019-06-25 14:37:00Stocks should rally if the U.S. and China agree to new negotiations and a ceasefire in the trade war, but the economic impact of tariffs will continue

NYT > Economy

Minority Women Are Winning the Jobs Race in 2019-07-02 04:28:36The economic and social trends that have long kept Hispanic and black women from making job and wage gains appear to be shifting.

Consumers Are Spending. Businesses Aren’t. Who’s Right About 2019-07-02 04:28:35Forecasting is tricky when important economic indicators are pointing in different directions.

Debate Over Uber and Lyft Drivers’ Rights in 2019-06-29 18:42:33After a few big unions held talks on limiting employment protections for the companies’ workers, other labor leaders denounced the idea.

A China-U.S. Trade Truce Could Enshrine a Global 2019-06-29 13:15:08Though details are scarce, any peace that leaves higher American tariffs in place could continue to hurt China’s status as the world’s fac

Trump’s Case for China Tariffs Fails to Persuade 2019-06-28 23:15:14A survey finds that voters think the trade measures will be bad for the United States, and that even most Republicans say they will lead to higher pri

The Week in Business: Stocks Hit a Record 2019-06-28 13:10:09Plus, tensions with Iran reach a boiling point and Trump’s meeting with China’s president.

Trade War Has Damaged U.S. Chip Industry in 2019-06-27 16:30:14Beyond the current financial hit, American producers fear Chinese companies will strengthen domestic manufacturing and switch to other foreign supplie

Buy Low-Tops, Sell High-Tops: StockX Sneaker Exchange Is 2019-06-27 00:13:18StockX is one of several online marketplaces that have turned resales of shoes into a big — and highly valued — business.

‘My Plan B Is Maybe My Plan A’: 2019-06-26 14:54:02President Trump played down the importance of securing a trade deal with Beijing as he prepared to meet with President Xi Jinping of China this weeken

Trump’s Feud With the Fed Is Rooted in 2019-06-25 16:33:14From Lyndon Johnson to Richard Nixon, presidents have long had fraught relationships with Fed chairs.

Fed Chair Powell Weighs Whether Cut Will Be 2019-06-25 15:41:15Mr. Powell underlined the Fed’s insulation from politics and kept the door open for interest rate cuts at a time of trade uncertainty.

Does Trump Have the Legal Authority to Demote 2019-06-24 17:51:35Pressuring the Fed to juice the economy as he seeks re-election, the president is toying with an unprecedented challenge to its independence.

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ICC CWC 2019 highlights: Eng thrash NZ by 2019-07-03 13:45:31England cricket team entered the World Cup semifinals for the first time since the 1992 edition, beating an erring New Zealand cricket team by 119 run

Stock in hand, govt marginally hikes MSP of 2019-07-03 12:32:13The government's rice and wheat stocks in the central pool as of June 1 was estimated to be around 74.14 million tonnes

Services sector shrinks for first time in 13 2019-07-03 12:23:55Index fell from 50.2 in May, largely due to stagnant sales showed the data, which came ahead of Economic Survey for FY19

Facebook says resolving issues faced by users on 2019-07-03 12:11:49The website's live outage map showed that the issues mainly cropped up in parts of Europe and the United States

Lee Iacocca, the celebrity CEO who steered Ford 2019-07-03 11:35:21Iacocca arguably ushered in the era of the celebrity auto executive, with others such as Sergio Marchionne, Elon Musk and Carlos Ghosn following in hi

Japan forced to evacuate more than million residents 2019-07-03 11:31:26It said a total of 1.12 million people in Kagoshima and Miyazaki prefectures had been ordered to evacuate to shelters, and that landslides had swept a

Jaguar Land Rover CEO Ralf Speth's salary falls 2019-07-03 11:29:43Compensation of Tata Motors MD & CEO Butschek rises 14% in the same period

L&T has 'acquired control' of the company with 2019-07-03 11:14:50The development is significant as Mindtree founders had initially resisted the hostile takeover bid and also tried to rally support of large investors

Last-minute airfares rise 40% as downpour disrupts Mumbai 2019-07-03 10:59:43On Tuesday 55 flights were diverted, over 200 flights were cancelled because of rain, low visibility and poor braking action on secondary runway

BSNL loss pegged at Rs 14,202 cr in 2019-07-03 10:45:27The company's revenue is pegged at around Rs 19,308 crore for 2018-19, compared with Rs 25,071 crore in 2017-18 and Rs 31,533 crore in 2016-17

B K Birla, Karmayogi industrialist who lived a 2019-07-03 10:35:53Basant Kumar would make it to office by 8:45 a.m. every single day till his mid-90s, even when all he wanted was to focus on his hobbies, the Birla Ac

HDFC Bank to hire 5,000 freshers through tie-ups 2019-07-03 09:50:20The new inductees will pay a course fee of Rs 3.3 lakh plus applicable taxes and will draw Rs 4 lakh as the first yearly salary, the bank said in a st


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