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U.S. created 500,000 fewer jobs since 2018 than previously reported, new figures show
Turns out hiring wasn't quite as strong in 2018 and early 2019 as the government initially reported — by about a half-million jobs. The U.S. economy had...
Aug 21, 2019 15:44 UTC Business Read More

Amazon opens its largest campus to date in India
Amazon has opened its largest campus to date as it cut the ribbon on a building in Hyderabad, India. The subcontinent is one of the company's fastest-growing…
Aug 21, 2019 15:13 UTC Business Read More

Stock market news: August 21, 2019
U.S. stocks rose Wednesday morning, tracking broad advances in overseas equities as positive earnings emerged from Target and Lowe's, and as investors…
Aug 21, 2019 14:57 UTC Business Read More

Jeff Bezos, Lil Nas X, and Katy Perry hung out, and the photos are as awkward as you think
Amazon CEO Jeff Bezos met up with Lil Nas X and Katy Perry during a concert for Amazon employees.
Aug 21, 2019 14:08 UTC Business Read More

Amid Protests, Hong Kong’s Stock Exchange May Lose Chance at Alibaba Listing—Again
The e-commerce giant is reportedly pushing its second listing back to October—in what could be another loss for the city's stock exchange.
Aug 21, 2019 13:47 UTC Business Read More

Trump Lashes Out Against Carmakers Cool to His Mileage Plan
(Bloomberg) -- President Donald Trump lashed out at “politically correct” automobile manufacturers who've pushed back on his administration's plan to weaken…
Aug 21, 2019 13:46 UTC Business Read More

A380 engine checks likely to be ordered
Investigators probing a mid-air engine explosion on an Air France A380 in 2017 are studying a possible manufacturing flaw with a key part in a move likely to…
Aug 21, 2019 13:32 UTC Business Read More

The Cruelty Is The Point Of Environmental Regulation
A man may defecate with impunity on the streets of San Francisco.
Aug 21, 2019 12:49 UTC Business Read More

Lowe's analyst sees 'big turnaround potential' and possibly 80% upside for stock
"Under the guidance of the new CEO, Lowe's is getting its act together," says Oppenheimer's Brian Nagel. "If we're right here and this continues, this stock has a…
Aug 21, 2019 12:41 UTC Business Read More

5 things to know before the stock market opens Wednesday
U.S. stock futures were pointing to a rebound at Wednesday's open on Wall Street after the Dow Jones Industrial Average and S&P 500, a day after they…
Aug 21, 2019 11:45 UTC Business Read More

The number of 401(k) millionaires hits an all-time high
To reach the seven-figure mark, increase your contributions amount by a little bit every year, Fidelity's Katie Taylor says.
Aug 21, 2019 11:39 UTC Business Read More

U.S. Futures Climb as Treasuries Slip; Oil Gains: Markets Wrap
(Bloomberg) -- Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.U.S. equity futures climbed with European…
Aug 21, 2019 11:26 UTC Business Read More

Texas shale towns grapple with growth as oil-bust fears fade
In west Texas, the center of the U.S. oil boom, about 3800 students at Permian High School are crammed into a campus designed for 2500, with 20 portable…
Aug 21, 2019 10:12 UTC Business Read More

Texas shale towns grapple with growth as oil-bust fears fade
In west Texas, the center of the U.S. oil boom, about 3800 students at Permian High School are crammed into a campus designed for 2500, with 20 portable…
Aug 21, 2019 10:09 UTC Business Read More

Future of 'Spider-Man' unclear after Disney-Sony fallout
Fans are worried about the future of the "Spider-Man" franchise after Disney and Sony Pictures failed to reach a co-financing deal on upcoming superhero films,…
Aug 21, 2019 09:43 UTC Business Read More

Fed Minutes to Show Extent of Committee Divisions on Last Month’s Rate Cut
The Federal Reserve releases the minutes of its July meeting Wednesday, shedding light on its decision to cut rates for the first time in more than a decade.
Aug 21, 2019 09:30 UTC Business Read More

Amazon Opens Its Largest Campus Yet
Amazon.com Inc. today opened its largest campus building globally in the south Indian city of Hyderabad as it prepares for a furious expansion and battle with…
Aug 21, 2019 07:29 UTC Business Read More

How Negative Interest Rates Screw Up the Economy
Now there is talk everywhere that the United States too will descend into negative interest rates. And there are people on Wall Street and in the media that are…
Aug 21, 2019 05:32 UTC Business Read More

Asian markets drift lower as all eyes turn to the Fed
Hong Kong (CNN Business) Markets are entering a holding pattern. Asian stocks were mostly lower early Wednesday, taking a lead from declines overnight in…
Aug 21, 2019 02:55 UTC Business Read More

'You prepare for war': how one U.S. firm tried escaping Trump's...
HONG KONG (Reuters) - When Larry Sloven heard last year that U.S. tariffs threatened his China electronics business, he knew that setting up shop elsewhere…
Aug 20, 2019 23:32 UTC Business Read More

Facebook-Owned WhatsApp Looks to Launch Digital Payments in Indonesia
Facebook-owned WhatsApp is in early talks with local firms to launch digital payments *service* in Indonesia.
Aug 20, 2019 22:40 UTC Business Read More

Department-Store Woes Catch Up to Kohl’s
Kohl's reported its third consecutive decline in quarterly sales, though it said business improved toward the end of the period and it maintained its guidance for…
Aug 20, 2019 21:28 UTC Business Read More

General Electric stock drop attracts more short-sellers: S3 Partners
Betting against General Electric Co stock has increased in the last week as the stock has fallen following a report by fraud investigator Harry Markopolos that…
Aug 20, 2019 20:53 UTC Business Read More

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