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ABC News: Money

Markets Right Now: Stocks rise, building on recent New! 2019-06-17 11:56:54Stocks are moving broadly higher on Wall Street as the market builds on two weeks of gains.

Fed likely to leave rates alone but signal New! 2019-06-17 11:56:52Fed is expected to leave rates alone but to signal willingness to ease credit to aid economy

LAPD investigates officer's actions in Costco shooting New! 2019-06-17 11:30:14As the Los Angeles Police Department gathers evidence and video footage, authorities remain tight-lipped about what provoked a Friday night confrontat

Patrick Drahi taking Sotheby's private in deal worth New! 2019-06-17 11:02:01Billionaire Patrick Drahi is taking auction house Sotheby's private in a deal valued at $3.7 billion

US stocks edge higher after 2 weeks of New! 2019-06-17 10:35:41U.S. stocks edged higher in early trading on Wall Street following two weeks of gains.

The New York auction house Sotheby's is being New! 2019-06-17 09:11:26The New York auction house Sotheby's is being sold to French Israeli businessman Patrick Drahi for almost $4 billion

Pfizer to buy Array BioPharma in deal worth New! 2019-06-17 08:29:37Pfizer is buying the cancer treatment company Array BioPharma in a deal worth $11.4 billion

Global shares mixed as investors look ahead to New! 2019-06-17 08:14:45Global shares are trading mixed amid a wait-and-see attitude about the direction of interest rates and the trade dispute between the U.S. and China

Pfizer is buying the cancer treatment company Array New! 2019-06-17 06:57:26Pfizer is buying the cancer treatment company Array BioPharma in a deal worth more than $11 billion

Interest rates are down, so is it time 2019-06-17 03:01:12How to decide whether to refinance your mortgage

This Week: Housing starts, Fed policy update, Slack 2019-06-17 01:11:11This Week: Housing starts, Fed policy update, Slack IPO

Asian shares mostly higher as investors look ahead 2019-06-16 23:37:00Asian shares are trading mostly higher amid a wait-and-see attitude about the direction of interest rates and the trade dispute between the U.S. and C

Reuters: Business News

U.S. settles antitrust charges with Fox, CBS, Scripps, New! 2019-06-17 19:34:23The U.S. Justice Department said on Monday it had settled antitrust charges with CBS Corp, Cox Enterprises Inc, E.W. Scripps Co, Fox Corp and Tegna In

Pfizer makes $10.6 billion cancer bet in cash New! 2019-06-17 19:09:01Pfizer Inc said on Monday it would buy Array Biopharma Inc for $10.64 billion in cash, a deal it hopes will help make it a leader in colon cancer and

Oil prices fall 1% as economic worries outweigh New! 2019-06-17 18:50:14Oil prices fell more than 1% on Monday after more poor Chinese economic figures fanned fears of lower worldwide oil demand.

Bah humbug! Trump's plan for more China tariffs New! 2019-06-17 18:24:05This year's holiday season could be tighter for many Americans if the U.S. government imposes tariffs on another $300 billion worth of Chinese import

Senator Rubio targets Huawei over patents New! 2019-06-17 18:07:15U.S. Senator Marco Rubio filed legislation on Monday that would prevent Huawei Technologies Co Ltd from seeking damages in U.S. patent courts, after

Huawei says U.S. ban hurting more than expected, New! 2019-06-17 18:07:15China's Huawei Technologies Co Ltd has taken a harder-than-expected hit from a U.S. ban, the company's founder and CEO Ren Zhengfei said, and slashe

U.S. chipmakers quietly lobby to ease Huawei ban New! 2019-06-17 18:00:53Huawei's American chip suppliers, including Qualcomm and Intel, are quietly pressing the U.S. government to ease its ban on sales to the Chinese tech

U.S. firms say China tariffs will raise costs, New! 2019-06-17 17:27:09A wide range of U.S. companies told a hearing in Washington on Monday that they have few alternatives other than China for producing clothing, electro

New blow to Boeing from engine delay, Airbus New! 2019-06-17 17:26:26Boeing suffered a fresh setback at the opening of the Paris Airshow on Monday as the U.S. planemaker's engine supplier revealed a delay affecting its

American in talks for up to 50 Airbus New! 2019-06-17 17:26:26American Airlines Group Inc is edging toward a deal with Airbus to buy up to 50 newly launched A321XLR extended-range narrow-body aircraft, including

Boeing says has no plans to change name New! 2019-06-17 17:26:26Boeing Co said on Monday it had no plans to change the name of the 737 MAX after news reports that it would be prepared to do so to improve its future

Faith in the Fed nudges Wall Street higher New! 2019-06-17 17:25:18Wall Street edged higher on Monday, supported by Facebook, Amazon and Apple, as investors awaited a key Federal Reserve meeting that is expected to la

L.A. Times - Business

Boeing apologizes for Max crashes as Airbus rakes New! 2019-06-17 11:30:00Boeing executives apologized Monday to airlines and to families of victims of crashes of the company’s 737 Max in Indonesia and Ethiopia as the

Amazon pulls back from original kids programming New! 2019-06-17 10:00:00As Netflix and Amazon have battled for dominance in the streaming wars, they’ve spent years building up an arsenal of original shows and films t

Lawsuit: Black Boeing worker harassed, found noose at New! 2019-06-17 10:00:00A black man who has worked for a decade at a Boeing plant in South Carolina says he’s been routinely subjected to racist harassment. News outlet

California Inc.: To infinity and the box office New! 2019-06-17 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

Huawei founder says revenue will be billions below 2019-06-17 03:25:00Huawei's founder likened his company to a badly damaged plane Monday and said revenues would be $30 billion less than forecast over the next two year

Two years in, Amazon has hardly launched a 2019-06-16 09:00:00This weekend will mark two years since Amazon.com Inc. announced it was acquiring Whole Foods Market. It was a thunderclap that demonstrated Amazon&rs

Landlords rip out escalators and walls to attract 2019-06-16 07:00:00Google’s January announcement that it would take over much of the failed Westside Pavilion shopping center, which is becoming offices, showed te

Angela Reddock-Wright helps keep businesses, and people, out 2019-06-16 07:00:00Angela Reddock-Wright, 49, is president of the Southern California Mediation Assn., which describes itself as “the biggest professional mediator

When family balks at paying their fair share 2019-06-16 06:00:00Dear Liz: I inherited half a duplex from my parents. They were partners with my aunt and uncle. When alive, all parties shared expenses for the common

Impossible Burger shortages hit restaurants as the meat-free 2019-06-15 07:00:00Restaurant chains Red Robin and White Castle are reporting shortages of Impossible Foods Inc.’s popular meat-free patties, underscoring the pres

Drug makers sue Trump administration to halt rule 2019-06-14 19:10:00Some of the biggest pharmaceutical companies in the U.S. sued the Trump administration to try to block a rule that would force them to put the price o

Stocks are dragged down by chipmakers and U.S.-China 2019-06-14 18:55:00Stocks ended a choppy week of trading with modest losses Friday as investors look forward to getting more clues about the direction of interest rates.


Homebuilder sentiment inches lower despite demand for single-family New! 2019-06-17 10:00:00The nation's homebuilders reported solid confidence in the housing market in June, but levels dropped slightly due to concerns over trade issues, the

Amazon responds to Ocasio-Cortez's claim that it pays New! 2019-06-17 09:37:00Amazon responded this morning to Democratic Congresswoman Alexandria Ocasio-Cortez's claim that it pays warehouse workers "starvation wages" in a t

A key manufacturing gauge just saw its biggest New! 2019-06-17 09:27:00The Empire State Manufacturing Index tumbled to a -8.6 reading from 17.8 in May, a 26.4-point drop that was the biggest since 2001.

US companies' message to Trump: Don't expand China New! 2019-06-17 08:42:00Businesses, trade groups, and individuals have written to complain that tariffs would drive up prices for consumers, squeeze profits, and leave U.S. c

US business inventories rebound; sales fall 2019-06-14 10:15:00U.S. business inventories rebounded in April as sales fell, but inventory accumulation is still expected to be a drag on economic growth in the second

The Fed is likely to drop 'patient' word 2019-06-14 10:13:00The Fed is not likely to make a move on interest rates when it meets this week, but it should clear the way for a rate cut later in the summer.

Half of Americans say their financial situation hasn't 2019-06-14 09:49:00The Great Recession ended a decade ago. Many Americans are still waiting for their finances to improve.

Trump says stock market would be '10,000 points 2019-06-14 09:13:00Trump said the economy and stock market both could be doing much better "if we had somebody different" in charge of the central bank.

US retail sales rose in May, while April 2019-06-14 08:30:00U.S. retail sales were expected to rise 0.6% in May, after slipping 0.2% a month earlier.

CEO optimism takes a hit in the second 2019-06-13 10:03:00The Business Roundtable's CEO Economic Outlook Index fell by 5.7 points in the second quarter to 89.5.

US import prices post the largest drop in 2019-06-13 08:49:00U.S. import prices fell by the most in five months in May amid a broad decline in the cost of goods, the latest indication of muted inflation that str

US weekly jobless claims unexpectedly rise, sparking fears 2019-06-13 08:31:00First-time claims for state unemployment benefits were expected to total 216,000, down slightly from the 218,000 claims reported for the previous week

NYT > Economy

Trump Is More Vulnerable to Democratic Attacks on 2019-06-09 10:22:13An opening to criticize him from the right as well as the left.

China Summons Tech Giants to Warn Against Cooperating 2019-06-08 16:43:32Chinese officials told companies Dell, Microsoft and Samsung that there would be dire consequences if they cut sales or pulled production from China,

A Weak Jobs Report Poses a New Challenge 2019-06-08 02:20:09A sharp decline in the pace of hiring in May, especially in sectors dependent on trade, suggests that the president’s tariffs are starting to bi

Trade Wars Stoke Economic Fear as G-20 Finance 2019-06-07 21:39:27Treasury Secretary Steven Mnuchin will meet China’s central bank governor in the first meeting of senior officials from the countries since trad

Putin and Xi Herald the Virtues of Globalism, 2019-06-07 21:16:52The presidents of Russia and China used an investment conference to critique what they saw as increased protectionism by the United States amid rising

New Evidence of Age Bias in Hiring, and 2019-06-07 20:46:35Digital recruiting is leaving more of a forensic trail in discrimination cases. But a wave of litigation is running up against higher legal hurdles.

Which States Will Be Hit Hardest by Trump’s 2019-06-07 11:00:51Tariffs on Mexican imports will ripple across the United States and could cause significant pain for consumers and businesses, even those far from the

Black Democrats Say It’s the Economy, Still 2019-06-07 00:11:06Faring worse in the recovery, they worry more about jobs than white Democrats do, polling shows.

Another Sign of Economic Worry: Tumbling Oil Prices 2019-06-05 21:07:27Prices have dropped more than 20 percent since late April as investors worry that growth is slowing and trade disputes could slow growth further.

Putin Aims to Revive the Economy With a 2019-06-05 17:08:32As Russian officials unveil a spending plan aimed at doubling growth in its troubled economy, critics see a $400 billion effort in Soviet-era planning

Modern Monetary Theory’s Reluctant Poster Child: Japan 2019-06-05 03:00:04Despite its huge debt, the country remains an economic powerhouse. Some say it provides a model for the United States, but its leaders disavow the ide

11,000 People Who Prepare Your Airline Food Are 2019-06-05 00:45:33A shortage of controllers hastened the end of the government shutdown this year. Now catering employees hope a similar dynamic will help them win bett

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IndiGo moves away from Pratt & Whitney, places New! 2019-06-17 11:39:48CFM International will deliver the first engine by 2020

WI vs BAN LIVE ICC CWC 2019: Tamim, New! 2019-06-17 11:27:10Bangladesh won the toss and put West Indies to bat first. Shai Hope missed his century while Shimron Hetmyer hit a quick-fire fifty as Windies posted

India Inc's advance tax mop-up surges 171% in New! 2019-06-17 11:15:48Mumbai collected Rs 17,174 crore of advance taxes against Rs 7,356 crore in the same period last year, according to data compiled by the tax dept.

Over and out for Jet Airways as lenders New! 2019-06-17 10:57:25State Bank of India and other lenders will refer the airline to NCLT later this week

JP Nadda is BJP working president, Amit Shah New! 2019-06-17 10:40:58Nadda, 58 and a former union health minister, will hold the post for six months

Sotheby's sold for $3.7 billion to telecom billionaire New! 2019-06-17 10:24:36Sotheby's is returning to private ownership after 31 years as a public company.

Major killed, another officer and 2 jawans injured New! 2019-06-17 10:13:06The injured were rushed to the 92 base hospital of the Army in Srinagar, the officials said

Steel imports from South Korea and Japan fill New! 2019-06-17 09:37:58The Indian steel industry has asked for a safeguard duty on steel imports

Fitch cuts India's GDP growth forecast to 6.6% New! 2019-06-17 09:23:59In the last fiscal, Indian economy grew at a 5-year low pace of 6.8%

West Bengal doctors to call off strike as New! 2019-06-17 09:19:38A formal announcement on withdrawal of the strike is likely to be made from the epicentre of the protest, the NRS Medical College and Hospital

DCC to penalise Airtel, Voda Idea; seeks Trai New! 2019-06-17 07:55:08The penalty on Airtel and Vodafone works out to be about Rs 1,050 crore each

Overall nuclear arms decline but India, Pakistan expanding New! 2019-06-17 07:24:27The drop in recent years can mainly be attributed to the US and Russia, whose combined arsenals still make up more than 90 percent of the world's nuc

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