Finance

German court: assisted suicide restriction unconstitutional

Germany’s highest court has ruled a 2015 law banning assisted suicide when being conducted on a “business basis” is unconstitutional February 26, 2020, 9:55 AM 2 min read BERLIN — Germany’s highest court ruled Wednesday that a 2015 law banning assisted suicide when being conducted on a “business basis” is unconstitutional. Federal Constitutional Court Judge

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Disney CEO Bob Iger steps down in surprise announcement

NEW YORK — Disney CEO Bob Iger, who steered the company’s absorption of Star Wars, Pixar, Marvel and Fox’s entertainment businesses and the launch of a Netflix challenger, is stepping down immediately, the company said in a surprise announcement Tuesday. The Walt Disney Co. named as his replacement Bob Chapek, most recently chairman of Disney’s

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China struggles to revive manufacturing amid virus outbreak

BEIJING — Factories that make the world’s smartphones, toys and other goods are struggling to reopen after a virus outbreak idled China’s economy. But even with the ruling Communist Party promising help, companies and economists say it may be months before production is back to normal. The problem is supply chains — the thousands of

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Fed Official Says Coronavirus Economic Fallout ‘Could Spill Over’

WASHINGTON — The Federal Reserve is watching developments surrounding the deadly coronavirus closely, but a top official on Tuesday signaled that the central bank is not yet ready to act. Vice Chair Richard H. Clarida said that economic disruptions in China from the virus “could spill over to the rest of the global economy” but

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