Stories about Economy

Nov 16 2018

California wildfire: At least 63 dead, 630 reported missing

Many others found haven at an encampment that sprang up in the parking lot outside a still-open Walmart store in Paradise , where dozens of evacuees pitched tents or sle...

Nov 15 2018

Scores protest against new Amazon HQ in Queens, NY

The second headquarter location in Arlington, Virginia, is not a designated " opportunity zone ", nor is Nashville, which will be the cite of Amazon's new operations ...

Nov 15 2018

More Evidence Emerges of Soft iPhone Sales

Rival Pegatron Corp fell more than 5 percent but later recouped losses. The Taiwan Weighted Index was down around 1.6 percent. The analysts said they are anxious that...

Nov 14 2018

Will oil price shoot up again?

UAE Energy Minister Suhail al-Mazrouei, left, talks to Khalid Al-Falih, Saudi Energy and Oil Minister, in the opening ceremony of the Abu Dhabi International Exhibiti...

Nov 11 2018

Google is making changes following last week's sexual harassment walkout

Several steps will be taken to provide better care for those seeking to make claims, including extended counselling and support for accommodations and company leave. Most...

Nov 10 2018

Oil dips amid well-supplied market, Iran sanction waivers

West Texas Intermediate for December delivery traded 6 cents lower at $60.61 a barrel on the New York Mercantile Exchange at 3:20 p.m.in Singapore. Oil prices dropped b...

Nov 08 2018

Boeing to issue safety advice on 737 MAX after Indonesia crash

Indonesian investigators said Wednesday that an AOA sensor on the jet was replaced the day before the doomed flight, on October 28, when a pilot flying the same aircraft ...

Nov 07 2018

European Union business lobby dismisses China's latest opening pledge

China will maintain a sober-minded attitude toward Sino-U.S. economic and trade issues, Wang said . "It is our honest commitment to open the Chinese market", Xi said....

Nov 06 2018

Lowe's Closing 51 Stores

Lowe's is closing almost 50 underperforming stores across the USA and Canada. John Greim via Getty Images Lowe's announced on Monday that it was closing some 30 stor...

Nov 06 2018

Amazon in 'advanced talks' to pick Northern Virginia for second headquarters

Shortly after the Post published its story, Mike Grella, Amazon's economic development director, addressed the "genius leaking info" about the plans in a tweet. Amazo...

Nov 06 2018

Amazon to Split HQ2 Between Crystal City, VA and NYC?

Amazon could announce its decision as early as this week, and prime contenders still in the running were reported to include Dallas , New York , and a city in the sta...

Nov 06 2018

Amazon to Offer Free Shipping With No Minimum Purchase This Holiday Season

Target announced last month it would offer free two-day shipping on all orders from November 1 to December 22. During the sale, Amazon will be hosting a Home of ...

Nov 04 2018

Trump, top Dems cross country in frenetic days before midterms

If this happens, the House will likely begin impeachment proceedings against the President - and if passed by a simple majority, it goes to the Senate which acts as a jur...

Nov 01 2018

NZ dollar lifted as Donald Trump predicts great deal with China

In addition, after a 60-day public comment period, the final round of tariffs could go into effect in February - just in time for the Chinese Lunar New Year celebrations....

Oct 31 2018

Govt Sends Letters to RBI Invoking Section 7 of RBI Act

How effective management is in controlling and monitoring credit risk can also have an effect on the what kind of credit rating can be achieved. But the specific warning ...

Oct 27 2018

Google parent Alphabet misses Q3 revenue estimates as ad sales slow down

The company has dominated e-commerce in the USA, but faces stepped-up competition from rivals such as Walmart Inc. That figure, which represents full-time and part-time...

Oct 26 2018

China denies spying on Trump's cellphone, suggests change of phones

US President Donald Trump hasn't given up his personal cellphone, unlike previous presidents, according to a report in the New York Times . If the U.S.is still c...

Oct 26 2018

Khashoggi's eldest son leaves Saudi Arabia for US

The Saudi disclosure came after Central Intelligence Agency director Gina Haspel heard an audio recording of the killing during a fact-finding visit to Turkey this week...

Oct 24 2018

Winning Numbers in 1.6 Billion Dollar Mega Millions Jackpot Announced

The biggest quirk starts with this fact: The advertised $1.6 billion Mega Millions prize - the world's largest ever lottery jackpot - and $620 million Powerball prize a...

Oct 24 2018

Turkish President Says Killing of Jamal Khashoggi Was ‘Premeditated’ and ‘Very Cruel’

Erdogan said 15 Saudi officials arrived in the country shortly before Khashoggi's death and that a man, apparently dressed in the writer's clothes, acted as a possible...