Latest News

Posted: 2019-10-22 09:02:00
New York's Museum of Modern Art reopened Monday after renovations. Protesters turned out to draw attention to the museum's finances, which they say includes tainted money.
Posted: 2019-10-21 09:00:00
The death of Samya Stumo in an Ethiopian Airlines crash stirred her parents to take action against regulators and Boeing. Victims' families want regulators to order a complete review of the 737...
Posted: 2019-10-18 09:12:00
The most recent retail sales numbers suggest American consumers are pulling back. Forever 21 filed for bankruptcy and revealed some big flaws in the business model known as fast fashion.
Posted: 2019-10-17 08:59:00
Opioid Companies Try To Reach Settlements Before Trial
Negotiations are underway as the drug industry scrambles to avoid a high profile national opioid trial set to begin on Monday.
Posted: 2019-10-16 09:05:00
He, She, They: Workplaces Adjust As Gender Identity Norms Change
As more people identify themselves as neither categorically male or female, some employers are making changes to neutralize references to gender in everything from name tags to bathrooms.
Posted: 2019-10-15 09:01:00
Consumer Agency Blocked From Fixing Student Loan Forgiveness Program
Many public service workers thought they were in line to have their student loans forgiven. They made payments for 10 years only to be told they weren't in the right loan forgiveness program.
Posted: 2019-10-14 09:24:00
Nobel Prize For Economics Awarded To 3 For Work Fighting Global Poverty
Abhijit Banarjee, Esther Duflo and Michael Kremer were heralded for breaking the issues of global poverty into smaller questions that can be more easily addressed.
Posted: 2019-10-11 09:10:00
The Boom And Bust Of Iceland's Tourism Bubble
The now-defunct budget airline WOW got Iceland hooked on tourism. The island nation's economy was reshaped by the tourism boom, and WOW's bankruptcy is changing things again.
Posted: 2019-10-10 09:07:00
Analysts Doubt This Week's Trade Talks With China Will Be Successful
High-level trade negotiators from the U.S. and China meet Thursday in Washington, D.C. There is hope that they will call a cease-fire in the ongoing trade war between the two countries.
Posted: 2019-10-09 09:03:00
GM Suppliers Hurting From Autoworkers Strike, Too
The UAW strike against GM is in its fourth week, and businesses that supply the automaker are losing millions each day. In Lansing, Mich., more than 11,000 people who supply parts are out of...

Posted: 2019-10-23 07:20:14
Huawei Technologies Co Ltd launched its foldable 5G Mate X smartphone on Wednesday, starting pre-sales for the device in China on the same day.
Posted: 2019-10-23 07:14:30
Nissan Motor Co Ltd is likely to axe its Datsun brand, drop some unprofitable products and close a number of assembly lines worldwide as it seeks to boost profits by getting smaller, two company...
Posted: 2019-10-23 06:58:28
Oil fell on Wednesday after climbing over 1% in the previous session as U.S. industry data showed a bigger-than-expected build in crude stocks, but the possibility of deeper output cuts from...
Posted: 2019-10-23 05:49:29
Toyota's luxury Lexus brand plans battery EV launch in 2020
Toyota Motor's Lexus will launch its first all-battery electric vehicle next year, as the luxury brand races to market a battery-operated car amid growing competition to develop zero-emissions...
Posted: 2019-10-23 05:43:16
Biogen, Eisai revive plans for Alzheimer's drug, surprising market
Biogen Inc revived plans on Tuesday to seek U.S. approval for Alzheimer's treatment aducanumab, surprising investors and saying data from more patients in two discontinued studies showed the...
Posted: 2019-10-23 04:14:32
Oil falls on U.S. stockbuild; deeper output cut prospects give support
Oil fell on Wednesday after gaining over 1% in the previous session as U.S. industry data showed a bigger-than-expected build in crude stockpiles, but the possibility of deeper output cuts from...
Posted: 2019-10-23 03:33:36
SoftBank shares fall as WeWork deal adds to financial strains
Shares of SoftBank Group Corp fell 3% in morning trade on Wednesday as the tech conglomerate agreed to spend more than $10 billion to take over beleaguered office-space sharing startup WeWork,...
Posted: 2019-10-23 03:33:36
SoftBank clinches WeWork takeover deal, bailing out co-founder
SoftBank Group Corp agreed to spend more than $10 billion to take over U.S. office-space sharing startup WeWork on Tuesday, doubling down on an ill-fated investment and paying off its co-founder...
Posted: 2019-10-23 02:59:31
Asia shares slip on Brexit snag, Texas Instruments' revenue woes
U.S. stock futures and Asian shares slipped on Wednesday as revenue warnings from Texas Instruments raised worries about the global tech sector and after British lawmakers forced the government...
Posted: 2019-10-23 02:56:26
Morgan Stanley elbows out rivals for plum role in $1.5 billion IPO relaunch: sources
Morgan Stanley has usurped rivals including Deutsche Bank, Citigroup, Credit Suisse and Goldman Sachs to lead the relaunch of a $1.45 billion IPO - Hong Kong's second-largest this year - in...

Posted: 2019-10-22 17:15:15
Top pension consultant NEPC said it questions the "sustainability" of Fisher Investments, in a memo NEPC sent to its clients and that was provided on Tuesday by the New Hampshire Retirement System.
Posted: 2019-10-22 16:32:06
U.S. companies are responding to the lowest unemployment rate in almost 50 years by increasing their focus on automation in order to maintain healthy margins as labor costs tick higher, a Reuters...
Posted: 2019-10-22 16:31:41
Top pension consultant NEPC recently issued a client recommendation to terminate Fisher Investments, the New Hampshire Retirement System said on Tuesday.
Posted: 2019-10-21 17:45:47
Fidelity drops Fisher's money management firm as withdrawals accelerate
Fidelity Investments has dropped Fisher Investments as a money manager, a Fidelity spokesman said on Monday, the latest in an accelerating series of withdrawals from the firm over allegedly sexist...
Posted: 2019-10-21 03:35:59
China more than doubles Sept approval for fixed-asset investment projects
China's state planner in September more than doubled its approval for fixed-asset investment projects, as Beijing looks to step up support for an economy expanding at the slowest pace in nearly...
Posted: 2019-10-21 03:35:59
China unexpectedly keeps LPR lending benchmark unchanged, but outlook for rates down
China on Monday unexpectedly kept unchanged its new benchmark lending rate, suggesting Beijing is keen to avoid overly loosening monetary policy for fear it may push up already-high debt levels...
Posted: 2019-10-21 03:35:38
Many firms in China's third-biggest province struggling to pay debt - S&P
Many privately held firms in Shandong, China's third-biggest province by economic output, are struggling to repay short-term debt due to declining industry fundamentals, entangled cross guarantees...
Posted: 2019-10-21 01:46:04
China unexpectedly keeps LPR lending benchmark unchanged in Oct
China on Monday unexpectedly kept unchanged its new benchmark lending rate, for the first time since its debut in August, suggesting Beijing is keen to avoid overly loosening monetary policy...
Posted: 2019-10-18 23:31:36
Fallout from money manager Kenneth Fisher's remarks tops $1 billion in lost assets
Fallout from Kenneth Fisher's alleged insensitive remarks about women escalated on Friday when a large Iowa pension plan cut ties with the money manager, whose firm has lost more than $1 billion...
Posted: 2019-10-18 22:47:54
Iowa pension ends $386 million money management contract with Kenneth Fisher
A $34 billion Iowa pension plan on Friday said it will terminate an investment contract with Kenneth Fisher, whose alleged insensitive remarks about women has cost his firm more than $1 billion...