Finance

Global shares were mostly higher Monday as the week started with a mix of economic data for the region and the U.S. France’s CAC 40 fell less than 0.1% in early trading to 5,602.25, while Germany’s DAX gained 0.2% to 12,218.62. Britain’s FTSE 100 rose 0.4% to 7,311.75. U.S. shares were set to drift higher […]

Nissan Chief Executive Hiroto Saikawa acknowledged Monday that he is working to pass over the helm at the Japanese automaker to the next generation, indicating he was ready to step down. Calls for resignation, which arose after the arrest last year of his predecessor Carlos Ghosn on various financial misconduct allegations, have grown louder after

Asian shares were mostly higher Monday as the week started with a mix of economic data for the region and the U.S. Japan’s benchmark Nikkei 225 rose 0.5% in early trading to 21,294.14. Australia’s S&P/ASX 200 edged up nearly 0.1% to 6,652.20. South Korea’s Kospi gained 0.6% to 2,022.03. Hong Kong’s Hang Seng shed earlier

President Donald Trump imposed tariffs to another $112 billion in Chinese imports Sept. 1 and plans to extend import taxes to everything China ships to the United States Dec. 15. The two countries are fighting over U.S. accusations that China steals technology, forces foreign firms to surrender trade secrets and subsidizes Chinese firms in a

Just when you thought things couldn’t get crazier with Brexit, the China trade war and online privacy issues — well, they did. Here’s a quick rundown of the biggest stories in business and tech, and what to know for the week ahead. — Charlotte Cowles ImageCreditGiacomo Bagnara What’s Up? (Sept. 1-7) Walmart Enters the Gun

An American Airlines mechanic charged with sabotaging a plane because he was upset over stalled labor contract negotiations was fired from another airline several years ago and briefly had his mechanic’s license suspended, according to court documents. Abdul-Majeed Marouf Ahmed Alani appeared in federal court in Miami on Friday on a charge of willfully damaging

A top United Auto Workers official is telling workers that bargaining with General Motors is moving slowly, with just eight days left before the national contract expires. UAW Vice President Terry Dittes (DIT-ez) says talks have been slowed by the company’s responses to the union’s proposals. He tells local union officials in a letter dated

Andrew Luck’s announcement that he was retiring from the Indianapolis Colts shocked football fans for two big reasons: He was at the top of his game, despite being repeatedly injured, and he was walking away from some $58 million in the final two years of his contract. In fact, the owner of the team said

But service industries are holding up and consumer spending, which makes up almost 70 percent of the American economy, has come in strong. The August jobs report showed that employers added 130,000 workers last month, and average hourly earnings climbed 3.2 percent over the year. While employment growth has slowed, it has remained strong enough

In a vacuum, the latest numbers on the job market are pretty solid, even good. Most important, while the overall unemployment rate was unchanged at 3.7 percent for August, there was real improvement in the details underneath that number: A whopping 571,000 more Americans were part of the labor force, and the share of adults