Finance

The European Union’s Brexit negotiator says a divorce deal with the United Kingdom is still possible this week but that the British government needs to come forward with a legal text. Michel Barnier said ahead of a meeting with EU foreign ministers that the main challenge now is to turn British proposals on the complex […]

Facebook officially moved forward with its plans Monday to create a new digital currency called Libra, despite several high-profile defections from the project and intense criticism from U.S. regulators and politicians. The Libra Association, the nonprofit that will govern the currency, officially signed on 21 charter members on Monday at the organization’s inaugural meeting in

With the strike by factory workers against General Motors in its 29th day, there are signs that negotiators may be moving toward an agreement. After both sides exchanged barbs late last week, bargainers met late into the night during the weekend, and they’ve returned in the morning, talking with few interruptions. All of those are

Millions of Californians spent part of the week in the dark in an unprecedented effort by the state’s large electrical utilities to prevent another devastating wildfire. It was the fifth time Pacific Gas & Electric Co. has preemptively cut the power but by far the largest to date in the utility’s effort to prevent a

California’s top utility regulator blasted Pacific Gas and Electric on Monday for what she called “failures in execution” during the largest planned power outage in state history to avoid wildfires that she said, “created an unacceptable situation that should never be repeated.” The agency ordered a series of corrective actions, including a goal of restoring

The plutonium core for the first atomic weapon detonated in 1945 was taken from Los Alamos National Laboratory to a test site in the New Mexico desert in the backseat of a U.S. Army sedan. Officials put other bomb parts inside a metal container, packed it into a wooden crate and secured it in the

Two researchers from the Massachusetts Institute of Technology and a third from Harvard University won the 2019 Nobel Prize in economics on Monday for groundbreaking research into what works and what doesn’t in the fight to reduce global poverty. The award went to MIT’s Abhijit Banerjee and Esther Duflo, and Harvard’s Michael Kremer. The 46-year-old

Abhijit Banerjee and Esther Duflo of M.I.T. and Michael Kremer of Harvard have devoted more than 20 years of economic research to developing new ways to study — and help — the world’s poor. On Monday, their experimental approach toward poverty alleviation won them the 2019 Nobel Memorial Prize in Economic Sciences. Dr. Duflo, 46,

The Latest on the Nobel prize in economics (all times local): 6:30 p.m. Abhijit Banerjee and Esther Duflo say they weren’t quite sure how to react when the married couple’s Nobel Economics Prize wake-up call came. Duflo says that when the phone rang early Monday, she answered and was told it was an important call

European Union nations vented outrage Monday at Turkey’s military offensive in northern Syria against the Kurds and joined France and Germany in banning arms sales to Ankara, a rare move against a NATO ally for many of them. Interested in Turkey? Add Turkey as an interest to stay up to date on the latest Turkey