Finance

The owner of the New York Stock Exchange has made an offer to buy online marketplace eBay Inc. That’s according to a report by the Wall Street Journal on Tuesday February 4, 2020, 11:41 PM 1 min read NEW YORK — The owner of the New York Stock Exchange has made an offer to buy […]

WASHINGTON — President Trump is expected to use his State of the Union address on Tuesday to bask in what he calls the “blue-collar boom” underway across the country. In doing so, he will be playing to his strongest area with voters as he seeks re-election, but also overstating the strength of an economy that

Eight months after it seemed headed for the corporate junkyard, Tesla is now worth more than General Motors, Ford and Fiat Chrysler combined, even though the Big Three together sell more cars and trucks in two weeks than Tesla does in a whole year By TOM KRISHER and CATHY BUSSEWITZ AP Business Writers February 4,

A federal judge has approved a settlement that moves Pacific Gas & Electric closer to getting out of bankruptcy By MICHAEL LIEDTKE AP Business Writer February 4, 2020, 7:21 PM 3 min read SAN FRANCISCO — A federal judge on Tuesday approved a settlement that moves Pacific Gas & Electric closer to getting out of

The Justice Department official leading the investigation of big tech companies’ market dominance is stepping aside from the department’s Google probe because of his previous lobbying work for Google as a private attorney By MARCY GORDON and MICHAEL BALSAMO Associated Press February 4, 2020, 5:33 PM 3 min read WASHINGTON — The Justice Department official

Technology companies and banks led a broad rally for U.S. stocks in early trading Tuesday following solid gains overseas By DAMIAN J. TROISE AP Business Writer February 4, 2020, 3:34 PM 3 min read NEW YORK — Technology companies and banks led a broad rally for U.S. stocks in early trading Tuesday following solid gains

BEIJING — Global business is catching a chill from China’s virus outbreak, with even the gaming industry taking a hit. Mink breeders in Denmark called off a fur auction because Chinese buyers can’t attend due to travel curbs imposed to contain the disease. Airlines have canceled 25,000 flights to and within China, according to travel

WASHINGTON — A portrait of a robust U.S. economy is sure to take center stage Tuesday night when President Donald Trump gives his third State of the Union address. It is an economy that has proved solid and durable yet hasn’t fulfilled many of Trump’s promises. Nine months before the election, the economy keeps growing

Fiscal third-quarter profit at Japanese electronics and entertainment company Sony Corp. dipped to about half of what it was the previous year as its video game, networking and film businesses stumbled By YURI KAGEYAMA AP Business Writer February 4, 2020, 7:37 AM 2 min read TOKYO — Fiscal third-quarter profit at Japanese electronics and entertainment

BANGKOK — Shares are higher in Asia, with the Shanghai Composite up 1.3% as China’s central bank stepped up its intervention by channeling another 400 billion yuan ($57 billion) in extra funds into the market. Markets were still far from giving the all-clear on the virus outbreak that has spread to more than 20 countries