Finance

The Trump administration said Wednesday that it will soon require Chinese officials in the U.S. to notify the State Department ahead of any contacts they plan to have with American educators, researchers and local and state governments. The release of the new rules was accompanied by notices to American educational and research institutions and local […]

Jury selection began Wednesday in the first federal trial over the opioid epidemic despite a last-minute request from lawyers to delay it because of news reports on a settlement offer. Potential jurors were asked whether they had opinions on the drug companies going on trial. Two Ohio counties claim drug companies that made, distributed and

Mark Wakefield, a managing director at AlixPartners, a consulting firm with a large automotive practice. said automakers were expected to spend some $225 billion over the next five years on development of electric and self-driving vehicles. “Industry profit is still good, but it’s down from its peak of a few years ago,” he said. The

President Emmanuel Macron and Chancellor Angela Merkel sought Wednesday to demonstrate the solidity of the French-German relationship at a meeting in southern France, one day before a key EU summit that may approve a divorce deal with Britain. They started with a visit to the headquarters of plane-maker Airbus, widely seen as a symbol of

Shares of big drug distributors are soaring after a report that they have made an offer to settle litigation over the opioid crisis. Two people with knowledge of the negotiations, which have been going on for months, confirmed to The Associated Press that McKesson Corp., AmerisourceBergen Corp., and Cardinal Health, Inc., have offered $18 billion

Dutch farmers drove their tractors in slow-moving convoys across the country Wednesday to protest their treatment by the government as it seeks to rein in carbon and nitrogen emissions. It is the second major protest this month by Dutch farmers who say the government is unfairly targeting them as it seeks to slash emissions. “They

Chinese tech giant Huawei on Wednesday reported a double-digit gain in sales despite U.S. sanctions that threaten to disrupt its smartphone and network equipment businesses. Huawei Technologies Ltd. said its sales rose 24.4% in the first nine months of 2019 to 610.8 billion yuan ($86 billion). That was faster than the 23.2% gain reported for

European Union and British negotiators failed to reach a breakthrough in Brexit talks during a frantic all-night session and will continue seeking a compromise on the eve of Thursday’s crucial EU summit. An EU official, who asked not to be identified because the negotiations were still ongoing, said “discussions continued until late in the night

Australia wants bilateral free trade deals with Hong Kong, Indonesia and Peru to take effect early next year, the trade minister said Wednesday, adding that the Hong Kong treaty supports its unique status within China. Trade Minister Simon Birmingham introduced legislation into Parliament that would lead to Australia ratifying the three trade treaties. Hong Kong

Asian shares were higher Wednesday after a gain on Wall Street boosted by healthy earnings reports from U.S. companies. Interested in Stock Market? Add Stock Market as an interest to stay up to date on the latest Stock Market news, video, and analysis from ABC News. Japan’s benchmark Nikkei 225 rose 1.6% in morning trading