Finance

Amazon wants to question Trump over losing $10B contract bid

Amazon wants President Donald Trump to submit to questioning over the tech company’s losing bid for a $10 billion military contract By MATT O’BRIEN AP Technology Writer February 10, 2020, 10:05 PM 4 min read WASHINGTON — Amazon wants President Donald Trump to submit to questioning over the tech company’s losing bid for a $10 […]

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Trump’s First 3 Years Created 1.5 Million Fewer Jobs Than Obama’s Last 3

MANCHESTER, N.H. – As President Donald Trump takes the stage at his reelection rally here Monday and boasts of his economic record, there is one statistic he is likely to omit: He created 1.5 million fewer jobs in his first three years in office than predecessor Barack Obama did in his final three. Newly revised

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China’s Powerful Growth Engine Idles as Coronavirus Spreads

Workers are stuck in their hometowns. Officials want detailed health plans before factories or offices can reopen. Assembly lines that make General Motors cars and Apple iPhones are standing silent. More than two weeks after China locked down a major city to stop a dangerous viral outbreak, one of the world’s largest economies remains largely

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Chinese military stole masses of Americans’ data, US says

The Justice Department says four members of the Chinese military have been charged with breaking into the computer networks of the Equifax credit reporting agency and stealing the personal information of tens of millions of Americans By ERIC TUCKER and MICHAEL BALSAMO Associated Press February 10, 2020, 5:00 PM 5 min read WASHINGTON — Four

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Trump’s Budget Math Grapples With Economic Reality

WASHINGTON — President Trump’s budget proposals have been defined by a belief that the economy will grow significantly faster than most economists anticipate. The latest version, set for release on Monday, is a brief departure: It concedes, for the first time, that the administration’s past projections were too optimistic. Then it goes right back to

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Volvo Cars and owner Geely consider merger deal

Swedish automaker Volvo Cars and its owner Chinese automaker Geely Holding are considering combining their businesses February 10, 2020, 12:35 PM 1 min read COPENHAGEN, Denmark — Swedish automaker Volvo Cars and its owner Chinese automaker Geely Holding said Monday they are considering combining their businesses to create what they called “a strong global group”

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