Finance

Kentucky’s agriculture commissioner says a bankruptcy filing by a leading hemp processor was a “gut punch” to the hemp industry By BRUCE SCHREINER Associated Press February 7, 2020, 12:27 AM 4 min read FRANKFORT, Ky. — A bankruptcy filing by a leading hemp processor strikes a “gut punch” to the fledgling industry as it tries […]

WASHINGTON — The Trump administration announced on Thursday that it would begin talks for a free-trade deal with Kenya, a step partly designed to counter China’s influence in Africa. The deal, which is likely to require many months of negotiations, would be the United States’ first trade pact with a sub-Saharan African nation and its

Stocks closed higher on Wall Street Thursday, extending the market’s gains to a fourth straight day February 6, 2020, 10:00 PM 1 min read Stocks closed higher on Wall Street Thursday, extending the market’s gains to a fourth straight day. The major indexes each hit all-time highs, led by gains in technology and communication services

SAN FRANCISCO — Uber capped a difficult 2019 by posting faster growth in its ride-hailing business, even as it lost more money. On Thursday, Uber said its revenue in the fourth quarter of 2019 increased 37 percent to $4 billion from a year ago, faster than the 30 percent growth it recorded in the previous

Six American oil executives under house arrest in Venezuela were rounded up by police hours after President Donald Trump met Venezuelan President Nicolás Maduro’s chief opponent at the White House, according to a family member of the men February 6, 2020, 8:19 PM 4 min read MIAMI — Six American oil executives under house arrest

Shares in Twitter have surged after the social media company said its revenue and user numbers exceeded forecasts February 6, 2020, 6:25 PM 4 min read Shares in Twitter jumped Thursday after the social media company said revenue and user numbers exceeded forecasts in the latest quarter, though profit fell as expenses rose. The San

Online mattress pioneer Casper Sleep Inc. popped in in their first day of trading on the New York Stock Exchange By ANNE D’INNOCENZIO AP Retail Writer February 6, 2020, 4:28 PM 1 min read NEW YORK — Shares of online mattress pioneer Casper popped in their debut trading on the New York Stock Exchange Thursday.

Smartphone maker Huawei says it will attend the industry’s biggest global event in Barcelona this month while more companies reported losses due to China’s efforts to contain a virus outbreak By JOE McDONALD AP Business Writer February 6, 2020, 2:22 PM 3 min read BEIJING — Airlines are extending their suspension of flights to mainland

Spanish Prime Minister Pedro Sánchez is meeting with the separatist leader of Catalonia in a bid to improve the strained relations between the central government and Spain’s restive northeast By JOSEPH WILSON Associated Press February 6, 2020, 12:21 PM 3 min read BARCELONA, Spain — Spanish Prime Minister Pedro Sánchez is meeting with the separatist

HONG KONG — China on Thursday said it would reduce tariffs on $75 billion worth of American-made goods, a step that signals its intention to hold up its end of a trade truce with President Trump despite the coronavirus crisis unfolding largely within its borders. That truce most likely will not last long, however, if