Finance

MIAMI, Aug 26 (Reuters) – Police in Hollywood, Florida, said on Monday they would unveil charges stemming from a criminal investigation of the deaths of a dozen nursing home patients in the sweltering heat of a post-hurricane power outage two years ago. Defense attorneys said arrest warrants were issued on Sunday for four employees of […]

Orders to U.S. factories for large manufactured goods rose for the second straight month, but the strength again came from a big increase in the volatile aircraft category. A category that tracks business investment also rose for the second straight month, though last month’s reading was revised down significantly. Orders for durable goods — items

It’s finger lickin’ fake chicken. Kentucky Fried Chicken plans to test plant-based chicken nuggets and boneless wings Tuesday at one of its restaurants in Atlanta. Depending on customer feedback, the chain could expand the test to other markets. KFC is partnering with Beyond Meat to develop the new product. Beyond Meat also sells plant-based burgers

Stocks marched broadly higher on Wall Street in early trading Monday after President Donald Trump claimed China was willing to reopen talks on the costly trade war that has roiled markets and dimmed the outlook for global economic growth. Uncertainty remained high, however, about the next developments in the trade dispute, which has repeatedly seen

Although President Donald Trump has told U.S. companies to stop dealing with China, small business owners say complying would hurt, even devastate them. If Vanessa Topper can’t work with a manufacturer in China, “I’m going to have to fold a quarter of my business,” she says. About 25 percent of the promotional products Topper sells

Asian shares tumbled Monday after the latest escalation in the U.S.-China trade war renewed uncertainties about global economies, as well as questions over what President Donald Trump might say next. Japan’s benchmark Nikkei 225 started plummeting as soon as trading began and stood at 20,233.39 in the afternoon, down 2.3%. Australia’s S&P/ASX 200 slipped 1.7%

LOS ANGELES, Aug 25, (Variety.com) – “Angel Has Fallen,” the third chapter in Lionsgate and Millennium’s action franchise starring Gerard Butler, had a stronger opening weekend than expected, collecting $21.25 million during its first three days of release. Those ticket sales were enough to top domestic box office charts, bumping last weekend’s champ, Universal’s comedy

Asian shares tumbled Monday after the latest escalation in the U.S.-China trade war renewed uncertainties about global economies, as well as questions over what President Donald Trump might say next. Japan’s benchmark Nikkei 225 started plummeting as soon as trading began and stood at 20,234.87 in the morning session, down 2.3%. Australia’s S&P/ASX 200 slipped

 BIARRITZ, France, Aug 24 (Reuters) – Squabbles erupted among G7 nations on Saturday as their leaders gathered for an annual summit, exposing sharp differences on global trade tensions, Britain’s exit from the EU and how to respond to the fires raging in the Amazon rainforest. French President Emmanuel Macron, the summit host, planned the three-day

BEIJING, Aug 24 (Reuters) – China said on Saturday it strongly opposes Washington’s decision to levy additional tariffs on $550 billion worth of Chinese goods and warned the United States of consequences if it does not end its “wrong actions.” The comments made by China’s Ministry of Commerce came after the U.S. President Donald Trump