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ABC News: Money

Duke Energy plans to invest more in renewable New! 2019-09-17 15:58:26Duke Energy plans to invest heavily in renewable energy and natural gas powered plants to further reduce its carbon emissions by 2030

Progress reported in contract talks between GM, union New! 2019-09-17 15:39:58Contract talks between the United Auto Workers and General Motors showed some signs of progress as a strike by more than 49,000 employees extended int

Fed takes action to control short-term interest rates New! 2019-09-17 14:28:11Fed takes action to control short-term interest rates

US stocks stall as oil slides, investors get New! 2019-09-17 14:15:56U.S. stocks stalled in morning trading as energy companies fell along with a decline in oil prices

WeWork delays its IPO amid tepid investor interest New! 2019-09-17 14:02:27Public debut for WeWork is put on hold as the company attempts to generate investor enthusiasm

Markets Right Now: Energy stocks drop as oil New! 2019-09-17 11:50:11Stocks are treading water at midday Tuesday as energy companies drop while less-riskier sectors of the market rise.

Kraft Heinz shares fall after key investor dumps New! 2019-09-17 11:05:41Kraft Heinz shares fall after key investor dumps 25 million shares

Oil prices drop ahead of update on Saudi New! 2019-09-17 10:26:57Oil prices are falling, a day after their biggest jump in years, as investors wait for word on when Saudi Arabia might return to full production follo

US factory production rose at healthy pace in New! 2019-09-17 09:50:57US factory output rose at a healthy clip in August after a weak showing earlier in year

US factory output rose at a healthy clip New! 2019-09-17 09:18:09US factory output rose at a healthy clip in August after a weak showing earlier in year

Stocks mixed, oil down as markets await news New! 2019-09-17 08:10:15World shares are mixed and oil prices have fallen slightly pending updates on restoring output at a Saudi Aramco oil processing plant damaged by an at

World's top brewer revives listing plans, halves IPO New! 2019-09-17 08:04:24World's top brewer revives plans to list its Asian business in Hong Kong but halves its IPO size to $4.8 billion

Reuters: Business News

Official says U.S. believes Saudi attacks came from New! 2019-09-17 15:52:05The United States believes the attacks that crippled Saudi Arabian oil facilities last weekend originated in southwestern Iran, a U.S. official told R

FAA to brief international regulators on status of New! 2019-09-17 15:48:59Federal Aviation Administration chief Steve Dickson has invited about 50 aviation safety regulators from around the world to a Sept. 23 informal brief

Saudi energy minister says no urgent OPEC meeting: New! 2019-09-17 15:42:32There will be no urgent OPEC meeting, the‮ ‬Saudi energy minister Prince Abdulaziz bin Salman said, Al Arabiya television reported on Tues

GM switches health insurance costs to union for New! 2019-09-17 15:42:14General Motors Co shifted health insurance costs for its striking workers to the United Auto Workers union as its members walked the picket line for

White House says not involved in contract talks New! 2019-09-17 15:42:14The White House is not involved in contract talks with General Motors Co and the United Auto Workers union, aimed at ending a nationwide strike that

U.S. Senators urge FTC to scrutinize multi-billion dollar New! 2019-09-17 15:38:19U.S. presidential hopeful Amy Klobuchar on Tuesday led a letter by U.S. senators that urged the Federal Trade Commission (FTC) to closely scrutinize p

Costly Saudi defenses prove no match for drones, New! 2019-09-17 15:37:25Billions of dollars spent by Saudi Arabia on cutting edge Western military hardware mainly designed to deter high altitude attacks has proved no match

Saudi Arabia to restore oil output fully by New! 2019-09-17 15:37:25Saudi Arabia will restore its lost oil output of 5.7 million barrels per day (bpd) by the end of September and has managed to recover oil supplies to

Oil plummets 6% as Saudi oil minister says New! 2019-09-17 15:31:22Oil prices dropped about 6% on Tuesday after Saudi Arabia's energy minister said the kingdom has fully restored its oil production hit by an attack t

Pence upbeat that Congress will pass USMCA trade New! 2019-09-17 15:30:30U.S. Vice President Mike Pence on Tuesday said he believed Congress would act to pass a new U.S.-Mexico-Canada free trade agreement this year, providi

Head of Russian shipping giant Sovcomflot to step New! 2019-09-17 15:26:34The chief executive of Russian state-controlled shipping giant Sovcomflot, Sergei Frank, will step down after 15 years in office, the office of Deputy

Yemen Houthi drones, missiles defy years of Saudi New! 2019-09-17 15:25:34At a weapons exhibition in July in Yemen's Houthi-controlled capital Sanaa, military officials whipped silken sheets off what they said were newly-de

L.A. Times - Business

Andrew Wiggins sells his home court in Minnesota New! 2019-09-17 14:35:49Minnesota Timberwolves guard Andrew Wiggins has sold his Minneapolis home of five years for $1.83 million.

Andrew Wiggins' Minnesota home New! 2019-09-17 14:35:25Built in 2011, the two-story home spans over 6,000 square feet and sits just off Cedar Lake in southwest Minneapolis.

NBCUniversal will launch its new streaming service Peacock New! 2019-09-17 09:00:49NBCUniversal plans to heavily promote its streaming service Peacock alongside NBC's coverage of the Summer Olympics in Tokyo.

Column: Your kid's glasses are broken? No problem, New! 2019-09-17 08:00:46Subscription models — whether for streaming movies, music or razor blades — often work better for companies than for customers. But Fitz F

Halo Top ice cream company is sold to New! 2019-09-17 07:00:44Halo Top ice cream became America's bestselling grocery store pint two years ago. Now it's being sold to one of the nation's biggest ice cream manu

80,000-plus Kaiser workers may strike Oct. 14, but 2019-09-16 22:04:11The healthcare giant's workers say they will strike in California and across five other states after bargaining stalled in July. If they walk out, it

California gas prices will probably rise after attack 2019-09-16 20:00:13Within a week or two, California gas prices could go up 10 to 25 cents a gallon — or even higher if the Saudi oil plant doesn't regroup quickly

Attack on Saudi facility exposes world economy's 'Achilles 2019-09-16 18:22:09The attacks on Saudi Arabia's oil infrastructure knocked out more than half of all production capacity in the world's largest oil exporter.

Actress to actress: Kirsten Dunst sells charming Toluca 2019-09-16 18:01:35A fellow actress has emerged as the buyer of Kirsten Dunst's waterfront home in Toluca Lake: Annie Potts.

NBA analyst Mark Jackson drops price of Calabasas 2019-09-16 16:09:30NBA player and coach turned analyst Mark Jackson has trimmed the price of his custom Calabasas home to $4.375 million, his fourth price cut over the l

Steve Alford's Calabasas home | Hot Property 2019-09-16 15:34:50The Mediterranean-style home sits on more than half an acre of grounds in a guard-gated Calabasas community.

Ex-UCLA men's basketball coach Steve Alford lists Calabasas 2019-09-16 15:28:52Steve Alford, the former UCLA men's basketball coach now with Nevada, has listed his Calabasas home for sale at $2.699 million.

Economy

US consumer prices rise a slight 0.1% in 2019-09-12 08:32:00Consumer prices slowed in August, rising by a slight 0.1%, reflecting a big drop in the cost of gasoline and other energy products.

US weekly jobless claims drop to five-month low 2019-09-12 08:30:00The number of Americans filing applications for unemployment benefits fell to a five-month low last week.

Mnuchin says Trump could do a China trade 2019-09-12 08:08:00But Mnuchin tells CNBC Trump still has all options available to him, including raising taxes on imports from China.

China wants a two-track approach to the trade 2019-09-12 07:49:00China wants to draw a line between talks about trade and other foreign affairs, the Wall Street Journal reported on Thursday.

Trump's approval on the economy slides as recession 2019-09-11 10:34:00Approval of Trump's handling of the economy has started to slip as fears about a recession crept into financial markets and pockets of the general pu

US producer prices unexpectedly rise in August 2019-09-11 08:30:00U.S. producer prices unexpectedly rose in August and underlying producer prices rebounded.

Weekly mortgage applications rise as buyer's market takes 2019-09-11 07:03:00Homebuyers are taking advantage of lower mortgage rates and a slow summer for sellers, and that is driving mortgage applications higher. Total mortgag

Trump says Fed 'boneheads' should cut interest rates 2019-09-11 06:46:00President Donald Trump on Wednesday continued his verbal assault on the Federal Reserve, who he blames for slowing the economy.

US job openings decline for second straight month 2019-09-10 10:46:00U.S. job openings fell for a second straight month in July amid decreases in wholesale trade and the federal government, which could bolster economist

Amazon is hiring over 30,000 workers in these 2019-09-10 10:32:00Amazon Career Day is coming Tuesday, Sept. 17.

Peter Navarro says he's certain House Democrats will 2019-09-10 09:09:00President Donald Trump's trade advisor Peter Navarro

Real US debt levels could be 2,000% of 2019-09-09 12:27:00Putting all that together paints a daunting picture but one that requires nuance to understand.

NYT > Economy

Recession or Slowdown? Why You Should Care About 2019-09-13 05:00:32The economy seems to be cooling off. Whether it starts to shrink is the question.

Salvadorans, Washington’s Builders, Face Expulsion Under Trump 2019-09-13 05:00:11Tens of thousands of workers in and around the capital were here legally because of adversity in their homeland. Now they are fighting to stay.

New Lawsuit Against Uber Is Set to Test 2019-09-12 17:56:18A class-action suit on behalf of drivers in federal court in California, filed on Wednesday, accused Uber of wrongly classifying drivers under the sta

Trump Wants Negative Rates. Here’s How That Would 2019-09-12 13:36:47The U.S. has never cut interest rates below zero, but such a move has been considered. There are some big hurdles.

California’s Contractor Law Stirs Confusion Beyond the Gig 2019-09-11 20:55:09After state lawmakers voted to extend minimum-wage and other protections to independent contractors, Uber said it would not treat its drivers as emplo

California Approves Statewide Rent Control to Ease Housing 2019-09-11 20:34:20The measure, affecting millions of tenants, is the biggest step in a nationwide surge of initiatives to address rising costs and homelessness.

Trump Calls for Fed’s ‘Boneheads’ to Slash Interest 2019-09-11 17:44:12President Trump urged Fed Chair Jerome H. Powell to cut borrowing costs below zero in Twitter posts hours before a key European Central Bank meeting.

California Bill Makes App-Based Companies Treat Workers as 2019-09-11 15:05:48Legislation near final approval would affect drivers for ride-hailing services, food-delivery couriers, janitors and others now viewed as contractors.

Hiring Slowed in August, but Wage Gains Accelerated 2019-09-11 11:47:57The figures show that the economy continues to add jobs but at a more modest pace as the trade war intensifies and global growth slows.

California Rent Control Bill Advances, Fueled by Housing 2019-09-11 11:10:09Millions of tenants would be covered by a measure championed by Gov. Gavin Newsom in his first year in office. Final approval could come Wednesday.

Share of Americans With Health Insurance Declined in 2019-09-11 00:17:50The drop, despite a strong economy, was the first since 2009 and at least partly caused by efforts to weaken the Affordable Care Act.

California Labor Bill, Near Passage, Is Blow to 2019-09-09 20:15:05The companies seem to have fallen short in efforts to dodge legislation classifying many workers in the gig economy as employees and not contractors.

Home Page

India expects to gain control over Pak occupied New! 2019-09-17 13:08:01No need to "worry" beyond a point about what people will say on Kashmir, says External Affairs Minister S Jaishankar.

'Existential issue': India Inc seeks clarity on PM New! 2019-09-17 13:02:59CII seek exemptions, but environmentalists say govt's move will help battle plastics pollution.

Oil prices drop as Saudi Arabia says will New! 2019-09-17 12:31:42Attacks on crude-processing facilities at Abqaiq and Khurais resulted in the largest single supply disruption in half a century.

Sensex falls 642 pts, Nifty ends at 10,818 New! 2019-09-17 12:10:23Sensex down 642 points; rupee weakens against dollar; 10-yr bond yield inches up

Cap surge pricing by Uber, Ola at 25 New! 2019-09-17 11:48:52The SJM also demanded that in case of ride cancellation by a taxi-app company or the driver, Rs 100 or an amount equivalent to 20 per cent of the fare

India looking to raise oil imports from Russia New! 2019-09-17 11:02:01Saudi Arabia is the world's biggest oil exporter, and the second-largest supplier of crude to India after Iraq

Coffee Day inks deal with Blackstone to sell New! 2019-09-17 10:15:11The company board had recently approved the sale of prime real estate property GV Tech Park as part of efforts to raise funds for paring the debt

Jio continues to lead 4G mobile broadband chart New! 2019-09-17 09:02:44Airtel followed Jio with an average download speed of 8.2 mbps, and was followed by Vodafone and Idea Cellular in August

Climate change effects to be worse than previous New! 2019-09-17 08:28:03Across Europe, heat waves will become longer and more intense, while the Arctic will be entirely ice-free during summer in the last two decades of thi

Govt considering another 'booster dose' to revive economy: New! 2019-09-17 08:01:22Earlier this week, RBI Governor Shaktikanta Das had said the government has taken a number of measures to boost the economy in three phases and indica

Hospitals cheating Ayushman Bharat scheme will be named New! 2019-09-17 07:45:14The government has found nearly 1,200 cases of fraud and taken action against 338 hospitals, says Harsh Vardhan.

Auto shares skid in trade; Hero MotoCorp, Escorts, New! 2019-09-17 06:42:55At close, the Nifty Auto index stood at 7,020.75 levels, down 3.83 per cent, as compared to 1.69 per cent decline in Nifty 50 index.


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