Money

Alibaba Beats Forecasts With Stronger Revenue, Sends Shares Up 3%

Non-GAAP net income was RMB30,949 billion (US$4.508 billion), an increase of 54% year-over-year. Shares of Alibaba traded up more than 3% early Thursday at ...


Minnesota's jobless rate inches up

Five sectors in the county had neither job gains or losses, including the Farming sector. The number of people in the labor force fell by 5,000 in July to about...


Markets Right Now: Stock open higher on Wall Street

S&P 500 e-minis were down 25.5 points, or 0.87% and Nasdaq 100 e-minis were down 75.25 points, or 0.97%. Stock fell and demands for bonds rose as the markets...


Oil prices fall on weak global economic data

The Energy Information Administration (EIA) report showed on Wednesday that US crude stockpiles rose unexpectedly for a second week in a row, adding to the pres...


Hong Kongers Stage More Anti-Government Protests, Braving Storms

Teachers say they want the government to answer the protesters' demands and stop using what they called police violence to disperse demonstrators. But by that...


Asian shares rise on USA plan to delay some China tariffs

However, Trump backed off that plan , saying Tuesday morning that he was going to delay the implementation of tariffs on a broad set of Chinese goods until Dec...


GE Accused of Major Fraud by Madoff Whistleblower

The report highlights the conglomerate's exposure to long-term care insurance in the United States and its oil industry services business. GE disagrees. " ...


Auto Sector Crisis Deepens, GDP Will Fall Heavily

Motorcycles' sales during the month declined by 18.88 percent and stood at 933,996 units as against 1,151,324 units during the same month past year. The comme...


Cathay CEO resigns amid Hong Kong protest blowback as more rallies planned

Augustus Tang, a veteran of the company's operations in Hong Kong , Japan and Malaysia, was named to succeed Hogg, the airline said . Cathay's stocks also...


Wall Street set to bounce after turbulent week

However, the yield on the benchmark 10-year Treasury note extended its decline early Thursday, touching 1.545% - the lowest in three years - after hitting 1.574...


FDA Will Add Graphic Warning Labels to Cigarette Packages

Though WHO notes that the U.S. has mandated "large warnings " covering at least 50% of cigarette packaging, they fail to meet the WHO's standards for best prac...


Global stocks slide as bond markets send recession warning

All three major US indexes closed down about 3%, with the blue-chip Dow posting its biggest one-day point drop since October, major equity indices in Europe c...


Zimbabwe protests: Opposition MDC vows to defy police ban on rally

A party official said there would be protests in other cities next week. In Geneva, a spokesman for the United Nations human rights commissioner urged the gov...


Woman injures eye as police arrest protesters in Hong Kong

From a distance, police could be seen conducting drills in military fatigues, using shields, poles and other riot-control gear. In an article in the Atlantic,...


Recession Fears Grow As Dow Plunges 800 Points

Trump also continued his war of words with the Federal Reserve, accusing the central bank of being too slow to reduce interest rates, having previously incr...


Trump looks to purchase Greenland from Denmark

Trump had asked advisers whether the U.S. can acquire Greenland , listened with interest when they discuss its abundant resources and geopolitical importance"...


US airline safety regulators ban recalled Apple laptops from flights

The laptops were sold between September 2015 and February 2017 and can be identified by their product serial number, according to the company's notice. The 2...


Economy Flashes More Warning Signs as Treasurys Sink to ‘Historic’ Lows

Investors pushed the panic button after the main yield curve briefly inverted, meaning the yield on the closely watched 10-year U.S. Treasury bond fell below th...


A trade war that's not so easy to win

On Thursday, he used Twitter to call on the Chinese president to personally meet with protesters to spur "a happy and enlightened ending to the Hong Kong prob...


N.Korea fires projectiles, rejects S.Korea's dialogue pledge

North Korea has always been infuriated by the war games, decrying them as rehearsals for invasion. North Korea's state-run Korean Central News Agency posted ...


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