Business News

China sentences fourth Canadian to death on drug…

China has sentenced a fourth Canadian citizen to death on drug charges in less than two years following a sharp downturn in ties over the arrest of an executive of Chinese tech giant Huawei

The Latest: Number of cases on Norwegian ship…

The number of people on a Norwegian cruise ship who have tested positive for the coronavirus has risen to 62

Asian shares skid amid virus woes, China-US trade…

Asian shares are mostly lower in lackluster trading as trade tensions between the U.S. and China offset optimism about more fiscal stimulus in the U.S. Benchmarks in Japan, China and Australia fell in Friday trading

AdChoices Icon

S. Korean doctors strike over med school plan…

Thousands of young doctors in South Korea are striking in protest of the government’s plan to expand medical school admissions to resolve a shortage of doctors

Trump bans dealings with Chinese owners of TikTok…

President Donald Trump has ordered a sweeping but unspecified ban on dealings with the Chinese owners of the consumer apps TikTok and WeChat, although it remains unclear if he has the legal authority to actually ban the apps from the U.S. The order is the Trump administration’s latest salvo at China, following a lengthy trade war and targeted actions against other Chinese companies

China's July exports rise despite coronavirus, US…

China's exports rose by an unexpectedly strong 7.2% in July in a positive sign for its recovery from the coronavirus pandemic

India hits 2 million cases as health volunteers…

India's Health Ministry has recorded more than 2 million cases of coronavirus while deaths exceed 41,000

Virus talks on brink of collapse, sides still…

A marathon meeting in the Capitol generated lots of recriminations but little progress on the top issues confronting negotiators on vital COVID-19 rescue money

Herman Cain to be mourned at private funeral in…

Herman Cain, the former presidential candidate, businessman and GOP ally of President Donald Trump, will be mourned at a private funeral in Atlanta

Congress urges Postal Service to undo changes…

Moves by the Republican postmaster general to cut back operations in the U.S. Postal Servuce that are causing delays in deliveries across the country are causing protests by lawmakers from both parties

Asia Today: Australian state's infections…

The coronavirus infection rate in Australia’s hard-hit Victoria state has been “relatively flat” in the past week, a state health official said

AdChoices Icon

Malaysia's ex-finance minister charged over tunnel project

Malaysia’s former finance minister has been charged with corruption over a $1.5 billion undersea tunnel project

Humira maker to settle California lawsuit for $24 million

The maker of the drug Humira will pay $24 million to settle a California lawsuit that alleged it violated the state;s insurance fraud law

Capital One fined $80 million in data breach

The U.S. Treasury Department has fined Capital One $80 million for careless network security practices that enabled one of the biggest bank security breaches on record

July US jobs report is expected to point to…

Economists have forecast that U.S. employers added 1.6 million jobs in July

Southern Mexico state bans junk food sales to children

The legislature of Mexico's southern state of Oaxaca has approved a ban on selling high-calorie snack food to children, in a bid to combat one of the world's highest rates of childhood obesity

Trump targets Canada, reimposing tariffs on…

President Donald Trump says that the United States is reinstating a 10% import tax on Canadian aluminum

California, cities battle over marijuana…

Where can you deliver legal marijuana in California

Fed's Main Street pandemic support program off to…

The Federal Reserve says its Main Street Lending Program designed to help small and medium-sized companies get through the pandemic has managed to make just eight loans in its first month of operations

AdChoices Icon

How major US stock indexes fared Thursday

Stocks closed higher on Wall Street Thursday after a report showed the pace of layoffs across the country is slowing, though it remains incredibly high

TVA rescinds decision to outsource technology jobs

The Tennessee Valley Authority says it will rescind a decision to lay off its in-house technology workers

Uber lost $1.8B in 2Q as riders stayed home and…

Uber lost $1.78 billion in the second quarter as the pandemic carved a gaping hole in its ride-hailing business, with millions of people staying home to reduce the spread of the coronavirus