Finance

Workplace couples are often romanticized — think Bill and Melinda Gates or Michelle and Barack Obama. But when the relationship involves two people with unequal power, it can also be fraught with peril, especially in the #MeToo era. McDonald’s CEO Steve Easterbrook is only the latest chief executive to be ousted over a consensual relationship […]

SHANGHAI — Xi Jinping, China’s top leader, broadly endorsed free trade principles and promised to welcome foreign investment in a speech on Tuesday, but he stopped short of providing specifics or addressing his country’s long-running trade war with the United States. Speaking at the opening of the second annual China International Import Expo in Shanghai,

Chinese President Xi Jinping promised more gradual market-opening steps at the start of an import fair Tuesday but no major initiatives to ease complaints about technology policy and other irritants that sparked a tariff war with Washington. Xi spoke at the opening of the second annual China International Import Expo, which is meant to mollify

The Dow Jones Industrial Average returned to a record on Monday, joining other market gauges at all-time highs, as the stock market‘s rally carried into a fifth week. Oil producers, banks and other stocks that do well when the economy is strengthening again led the way. It’s a notable shift in leadership following months of

Thousands of Chileans took to the streets again Monday to demand better social services, some clashing with police, as protesters demanded an end to economic inequality even as the government announced that weeks of demonstrations are hurting the country’s economic growth. The latest protest came after a short break in the weekslong wave of demonstrations

Apple on Monday said it will put up $2.5 billion toward easing California’s housing crisis. The sum from Apple eclipses pledges by fellow Silicon Valley giants Google and Facebook for addressing the lack of affordable housing in a region where affluent tech workers have helped drive up the cost of homes. Apple’s commitment Monday includes

Google employees are demanding the company issue a climate plan that commits it to zero emissions by 2030. An online petition posted Monday bears signatures from more than a thousand Google employees. It also calls on Google to decline contracts that would support the extraction of fossil fuels and to avoid collaborating with organizations involved

Roger Penske was a car-loving, 14-year-old who regularly listened to the Indianapolis 500 on the radio when his father landed tickets to the 1951 race. They made the trek from Cleveland, and when Penske saw the cars zipping around Indianapolis Motor Speedway at 200 mph he fell instantly in love. Now he owns the iconic

McDonald’s ousted CEO Steve Easterbrook will receive 26 weeks of pay but forfeit millions in unvested stock options as part of his severance agreement. McDonald’s Corp. announced Sunday that Easterbrook was fired for having a consensual relationship with an employee. McDonald’s forbids managers from having romantic relationships with subordinates. Easterbrook’s 2018 compensation totaled $15.9 million.

Other news is largely ignored. In the October consumer survey, one in four respondents brought up the negative impact of tariffs. Just 2 percent mentioned the impeachment inquiry into President Trump. At the Mall of America, Charles Barr was feeling flush from his promotion to general manager at Popeye’s and the $200-a-week raise that came