Finance

CNN chief Jeff Zucker says Facebook’s policy not to monitor political ads for truth-telling is ludicrous and advised the social media giant to sit out the 2020 election until it can figure out something better. Interested in Facebook? Add Facebook as an interest to stay up to date on the latest Facebook news, video, and […]

Stock indexes were mixed in afternoon trading on Wall Street Thursday as solid profits and forecasts from several technology companies offset a batch of disappointing earnings reports. The S&P 500 was holding on to a tiny gain after spending much of the day wobbling between small gains and losses. Trading has been choppy this week

Democratic presidential candidate Pete Buttigieg (BOO’-tuh-juhj) says Facebook‘s policy to not filter out phony political ads is “a mistake” and he says breaking up big tech companies should be “on the table.” The mayor of South Bend, Indiana, made the comments to reporters after a campaign stop in New Hampshire. Days before, his campaign confirmed

Southwest Airlines has had an all-Boeing fleet since it began flying 48 years ago, but that could change. CEO Gary Kelly said Thursday that the company’s board has directed him to look at getting planes from other aircraft makers, which would almost certainly be Boeing’s European rival, Airbus. Kelly made the comment while discussing Southwest’s

For 50 years, the American Express “Green Card” has been everywhere its card members wanted to be. Launched in 1969, the Green Card gave travelers a sense of importance they didn’t feel carrying travelers’ cheques. For many people, it was their first AmEx card. Over time, however, the Green Card became neglected in favor of

FRANKFURT — Mario Draghi presided over his last monetary policy meeting as president of the European Central Bank Thursday, his legacy as savior of the eurozone clouded by divisions among the bank’s policymakers that have burst into the open in the final months of his tenure. Christine Lagarde will be sworn in as Mr. Draghi’s

Disappointing third-quarter profit and revenue numbers at Twitter are overshadowing surprisingly strong user growth, sending shares of the social media company plummeting 20% before the opening bell. Interested in Twitter? Add Twitter as an interest to stay up to date on the latest Twitter news, video, and analysis from ABC News. The San Francisco company

American companies spent more than $800 billion on their own shares last year, taking a windfall from deep corporate tax cuts to try to bolster their share prices and improve the look of their quarterly earnings reports. This year, as the economy’s worsening prospects rattle executives, those buybacks are slowing down. The mood among corporate

Shares were higher in Europe on Thursday after most Asian markets advanced following meager gains on Wall Street driven by a mixed set of company earnings. The FTSE 100 in London advanced 0.6% to 7,300.45 while Germany’s DAX jumped 0.8% to 12,905.81. The CAC 40 in France picked up 0.6% to 5,689.42. Wall Street looked

European Central Bank chief Mario Draghi, whose vow to do “whatever it takes” is seen as a turning point in the eurozone’s debt crisis, presides over his last policy meeting and news conference Thursday amid questions about unusually strong internal opposition to the latest stimulus package that will be part of his legacy. Joining the