Finance

SAN DIEGO — Ben S. Bernanke, the former Federal Reserve chair, said on Saturday that the types of extraordinary steps the Fed employed to help pull the economy out of the Great Recession should make up for the central bank’s limited room to cut interest rates in the event of another downturn — but that […]

Japan’s justice minister says the flight of former Nissan Chairman Carlos Ghosn as he awaited trial on financial misconduct charges is inexcusable and ordered an investigation By YURI KAGEYAMA AP Business Writer January 5, 2020, 5:02 AM 3 min read TOKYO — Japan’s justice minister on Sunday called the flight of former Nissan Chairman Carlos

Russia has halted oil supplies to Belarus after the two countries failed to renegotiate a contract amid talks of further improving economic ties January 3, 2020, 2:34 PM 3 min read MINSK, Belarus — Russia has halted oil supplies to Belarus as talks on strengthening economic ties remained stalled over concerns that Russia could effectively

Spending on U.S. construction projects rose a solid 0.6% in November as gains in home building and government projects offset weakness in nonresidential construction By MARTIN CRUTSINGER AP Economics Writer January 3, 2020, 3:18 PM 2 min read WASHINGTON — Spending on U.S. construction projects rose a solid 0.6% in November as gains in home

The former head of HBO has signed an exclusive production deal with Apple to make TV shows and movies for the iPhone maker’s new streaming service, Apple TV Plus By TALI ARBEL AP Technology Writer January 3, 2020, 6:28 PM 2 min read The former head of HBO, Richard Plepler, has signed an exclusive production

Hundreds of Delta Air Lines employees have filed a pair of class action lawsuits against Wisconsin-based clothing manufacturer Lands’ End January 3, 2020, 6:37 PM 2 min read MADISON, Wis. — Hundreds of Delta Air Lines employees have filed a pair of class action lawsuits against Wisconsin-based clothing manufacturer Lands’ End, claiming that uniforms they

Oil prices are up strongly and major stock markets are down after U.S. forces in Iraq killed an Iranian general By JOE McDONALD AP Business Writer January 3, 2020, 3:30 PM 3 min read BEIJING — Oil prices surged and most major global stock markets declined Friday after an Iranian general was killed by U.S.

Mercedes-Benz is recalling roughly 750,000 cars because the vehicles’ sunroofs could potentially detach and fly off January 4, 2020, 4:36 PM 1 min read NEW YORK — Mercedes-Benz is recalling roughly 750,000 cars because the vehicles’ sunroofs could potentially detach and fly off, causing road hazards. The cars include the Mercedes-Benz’s C-Class, E-Class, CLK-Class and

Belarus has reached an agreement with Russia for limited oil supplies after Moscow stopped supplying crude amid stalled talks on strengthening economic ties between the neighboring countries January 4, 2020, 1:41 PM 2 min read MINSK, Belarus — Belarus has reached an agreement with Russia for limited oil supplies after Moscow earlier this week stopped

Tesla plans to build half a million electric vehicles a year at its future factory outside Berlin January 4, 2020, 12:34 PM 1 min read BERLIN — Tesla plans to build half a million electric vehicles a year at its future factory outside Berlin. Planning documents posted online Friday reveal that the U.S. automaker wants