Finance

Pier 1 Imports is closing nearly half its 942 stores as it struggles to draw consumers and compete online January 6, 2020, 11:41 PM 2 min read FORT WORTH, Texas — Pier 1 Imports is closing nearly half its 942 stores as it struggles to draw consumers and compete online. The home decor company said […]

Stocks shook off an early loss and managed modest gains on Wall Street as traders remain cautious about rising tensions between the U.S. and Iran January 6, 2020, 9:38 PM 1 min read Stocks shook off an early loss and managed modest gains on Wall Street as traders remain cautious about rising tensions between the

WASHINGTON — American businesses and consumers, not China, are bearing the financial brunt of President Trump’s trade war, new data shows, undermining the president’s assertion that the United States is “taxing the hell out of China.” “U.S. tariffs continue to be almost entirely borne by U.S. firms and consumers,” Mary Amiti, an economist at the

You can add a potential electrical short circuit to the list of safety risks that Boeing must address before regulators let the grounded 737 Max fly again By DAVID KOENIG AP Airlines Writer January 6, 2020, 7:34 PM 3 min read DALLAS — Boeing faces a growing checklist of items it could be forced to

Borden is filing for bankruptcy protection, the second major US dairy to do so in as many months By DEE-ANN DURBIN AP Business Writer January 6, 2020, 5:00 PM 2 min read The U.S. dairy industry, the largest in the world, is under severe pressure as the dietary habits of Americans shift. Borden Dairy Co.

Stocks fell in early trading on Wall Street Monday and oil prices continued rising as investors worried that tensions between the U.S. and Iran would escalate By DAMIAN J. TROISE AP Business Writer January 6, 2020, 3:29 PM 2 min read NEW YORK — Stocks fell in early trading on Wall Street Monday and oil

French President Emmanuel Macron is holding a Cabinet meeting as he prepares to launch a week of negotiations with unions over government plans to overhaul the pension system By SYLVIE CORBET Associated Press January 6, 2020, 12:29 PM 2 min read PARIS — French President Emmanuel Macron is preparing to launch a crucial week of

JAKARTA (Reuters) – Floods that killed 60 people in Indonesia’s capital after the biggest rainfall since records began should be a wake-up call to climate change in one of the world’s biggest carbon emitters, environmental groups said. But, despite the catastrophe in Southeast Asia’s biggest city, authorities see no greater impetus for more cuts to

The global benchmark for crude oil has risen above $70 a barrel for the first time in over three months By MATT O’BRIEN Associated Press January 6, 2020, 11:29 AM 4 min read PROVIDENCE, Rhode Island — The global benchmark for crude oil rose above $70 a barrel on Monday for the first time in

Shares are skidding in Asia, with Tokyo’s Nikkei 225 index down 1.9% on concern over escalating tensions in the Middle East following the killing by a U.S. air strike of an Iranian general By ELAINE KURTENBACH AP Business Writer January 6, 2020, 6:43 AM 4 min read BANGKOK — Shares skidded in Asia on Monday,