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Economy

ABC News: Money

Stocks are mostly lower on Wall Street with 2019-12-09 23:11:52Asian stock markets have fallen as investors look ahead to interest rate decisions by U.S. and European central bankers and a possible American tariff

Trump, Dems in tentative deal on North American 2019-12-09 20:53:07House Democrats have reached a tentative agreement with labor leaders and the White House over a rewrite of the U.S.-Mexico-Canada trade deal

PG&E's $13.5B deal with fire victims removes huge 2019-12-09 20:50:37Pacific Gas and Electric will be able to avoid two legal obstacles that could have tripped up its efforts to bounce back from bankruptcy

African countries set meetings to resolve Nile dam 2019-12-09 20:50:26Officials from Egypt, Ethiopia and Sudan say they have agreed to hold two technical meetings in coming weeks in an effort to resolve a number of issue

Ex-Fed Chair Volcker dies, tamed inflation with recession 2019-12-09 19:03:04Former Federal Reserve Chairman Paul Volcker has died at age 92

Amazon says Trump's 'improper pressure' doomed Pentagon bid 2019-12-09 19:02:52Amazon says President Donald Trump's “improper pressure" and behind-the-scenes attacks harmed its chances of winning a $10 billion Pentagon co

Families of crash passengers want wider review of 2019-12-09 19:01:30Family members say focusing on flight-control systems might miss something else.

George Laurer, inventor of ubiquitous UPC, dies at 2019-12-09 18:54:04The inventor of the Universal Product Code has died

World trade without rules? US shuts down WTO 2019-12-09 17:58:23Global commerce is losing its umpire and leaving countries unable to resolve trade disputes at the World Trade Organization

PG&E's stock surges 16% on tentative wildfire settlement 2019-12-09 17:47:44PG&E's stock is surging after the utility reached a tentative $13.5 billion settlement resolving all major claims related to Northern California

GM lending $40M to startup company buying closed 2019-12-09 17:41:54General Motors has agreed to loan $40 million to a newly formed company that wants to make electric pickup trucks at a massive Ohio assembly plant GM

T-Mobile-Sprint antitrust trial begins in New York 2019-12-09 17:13:09T-Mobile is facing off against 14 state attorneys general in defense of its attempt to buy Sprint for $26.5 billion

Reuters: Business News

Huawei's CFO wins Canada court fight to see New! 2019-12-11 00:10:22Lawyers for Huawei’s chief financial officer have won a court battle after a judge asked Canada’s attorney general to hand over more evide

Facebook no longer among Glassdoor's top 10 workplaces New! 2019-12-11 00:01:55Facebook Inc dropped to the 23rd spot in Glassdoor's list of "Best Places to Work" in 2020 from the seventh it secured last year, amid heightened

U.S., Canada and Mexico sign agreement - again New! 2019-12-10 23:32:28Top officials from Canada, Mexico and the United States signed a fresh overhaul of a quarter-century-old trade pact on Tuesday that aims to improve en

Meltdowns and touchdowns: How the U.S. scored a New! 2019-12-10 23:31:33Revising the U.S.-Mexico-Canada trade agreement took a year of acrimonious talks among Democrats, the chief U.S. negotiator and a labor union presiden

Trump will have final say on U.S.-China trade New! 2019-12-10 23:23:32U.S. President Donald Trump will be the one to make the final decision on tariffs and the U.S.-China trade deal, White House trade adviser Peter Navar

Focus squarely on Trump as December 15 tariffs New! 2019-12-10 23:23:32U.S. President Donald Trump has days to decide whether to impose tariffs on nearly $160 billion in Chinese consumer goods just weeks before Christmas,

Asian shares drift as tariff deadline looms, pound New! 2019-12-10 22:48:38Asian stocks drifted on Wednesday as Sino-U.S. trade talks showed little progress ahead of a weekend deadline for the imposition of additional U.S. ta

Powell's 'half-full' U.S. glass sturdy but still at New! 2019-12-10 22:28:14Federal Reserve Chair Jerome Powell has taken a glass-half-full view of the U.S. economy but the trouble may be that the glass has gotten smaller and

Factbox: Labor, environment, drugs top changes to North New! 2019-12-10 22:21:02Stronger worker and environmental protections top changes to a new version of the North American trade deal signed by U.S., Mexican and Canadian offic

Factbox: House Democrats back USMCA - What happens New! 2019-12-10 22:20:13U.S. House Democrats on Tuesday backed a renegotiated version of the U.S.-Mexico-Canada (USMCA) trade agreement after a year of often acrimonious nego

Factbox: U.S. House Democrats back USMCA: What happens New! 2019-12-10 22:14:21U.S. House Democrats on Tuesday backed a renegotiated version of the U.S.-Mexico-Canada (USMCA) trade agreement after a year of often acrimonious nego

GM, doubling down on big SUVs, unveils longer New! 2019-12-10 21:01:01General Motors Co could expand the lineup of vehicles using its large truck and sport utility vehicle architecture and sees big opportunities in over

L.A. Times - Business

Obamacare insurers may win a $12-billion claim in New! 2019-12-10 16:38:48Supreme Court seems supportive of a $12-billion claim by insurers who say they covered high-risk patients, then were subject to a "bait-and-switch."

Column: The retirement crisis is real and frightening, New! 2019-12-10 15:19:43Most families are ill-prepared for retirement, but the middle and working classes are worst off.

Former Dolphin Brandon Marshall fields offers for Florida New! 2019-12-10 14:56:07After upping the asking price for his Florida mansion three times, star wide receiver Brandon Marshall has trimmed the tag to $4.799 million.

Kim Woo-choong, founder of Daewoo business group, dies New! 2019-12-10 14:03:26Kim built Daewoo Corp. in 1967 and it grew into South Korea's second-largest business empire. Later he was sentenced to prison on fraud allegations.

Pelosi, Democratic leaders see revised NAFTA as model New! 2019-12-10 13:18:44The deal between White House and Mexico, to address final concerns of House Democrats, raises prospects for passing an updated trade pact with Canada

News Analysis: If Elon Musk's tweets are nonsense, New! 2019-12-10 09:00:18In the "pedo guy" trial, Musk's lawyers dismissed Twitter as a "not a source of facts."

At 56 years old, Porsche's 2020 911 sports New! 2019-12-10 09:00:12Porsche's eighth-generation 911 is stylistically familiar, but performance is impressively new.

Californians want to end PG&E's operations as they New! 2019-12-10 08:00:42California voters want to see major changes at PG&E as state leaders grapple with the best path forward for the state's largest utility.

Column: Why can't Californians drive? The DMV's lousy New! 2019-12-10 08:00:34The DMV admits its driver handbook "is written at a level that is above where it should be," which means much of it is incomprehensible to ordinary

More California salad contaminated by E. coli bacteria, 2019-12-09 21:06:54The latest outbreak of E. coli contamination sickened eight people in upper-Midwest states and 16 in Canada.

SoftBank sells its stake in Wag back to 2019-12-09 19:58:10SoftBank Group's Vision Fund is selling back its nearly 50% stake in Wag Labs Inc. as the Los Angeles dog-walking start-up cuts staff.

Berry farm company fined $3.5 million over worker 2019-12-09 18:54:52Munger Bros. LLC, the country's biggest blueberry producer, has been barred from recruiting foreign agricultural guest workers for three years and wi

Economy

Here's where the jobs are — in one 2019-12-06 09:21:00CNBC studied the net change in employment by industry for November based on data from the Labor Department.

Jobs growth soars in November as payrolls surge 2019-12-06 08:30:00Those totals easily beat the Wall Street consensus. Economists surveyed by Dow Jones had been looking for job growth of 187,000.

Biden says Trump's pressure on the Federal Reserve 2019-12-06 07:59:00"It's his way of abusing power across the board. It's a big mistake," Biden says of Trump's attacks on the Fed.

US trade deficit drops in October to lowest 2019-12-05 09:04:00The U.S. trade deficit fell in October to its lowest level in more than a year as exports and imports both slid for the month.

The US cities where robots are impacting jobs 2019-12-05 09:00:00The use of robots in the workplace has more than doubled since the Great Recession. Here are the workers most impacted by the change.

US weekly jobless claims drop to seven-month low 2019-12-05 08:31:00The number of Americans filing applications for unemployment benefits unexpectedly fell last week, hitting their lowest level in seven months, suggest

Job growth is slowing in the trade war, 2019-12-04 13:29:00The feeble ADP payroll report raises worries that the government's data on Friday may not be as strong as expected.

US service sector slows more than expected in 2019-12-04 10:01:00U.S. services sector activity slowed more than expected in November amid lingering concerns about trade tensions and worker shortages.

Private payrolls growth tumbles in November as jobs 2019-12-04 08:15:00The big miss could call into question the relatively rosy estimates for Friday's nonfarm payrolls report.

Weekly mortgage applications drop 9% as refinances pull 2019-12-04 07:00:00The combination of a holiday week and a stagnant mortgage rate environment kept borrowers away from their lenders last week.

Next year will be hard on the housing 2019-12-04 06:38:00Prices will fall in a quarter of the 100 largest metropolitan markets, including Chicago, Dallas, Las Vegas, Miami and San Francisco.

Small business confidence rebounds on optimism about US-China 2019-12-02 07:00:00Small business confidence rebounded in the fourth quarter from an all-time low as business owners across the country express more optimism about a U.S