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Economy News

Sun, Oct 20th, 2019
The Latest: UK minister: No-deal Brexit preparations gear up

LONDON (AP) — The Latest on Britain's impending departure from the European Union (all times local):

German cabin crew union strikes at Lufthansa subsidiaries

BERLIN (AP) — A German union representing cabin crew has called members at several Lufthansa subsidiaries out on strike — a walkout that was extended by 13 hours at short notice.

AP FACT CHECK: Trump's Syrian mission-accomplished moment

WASHINGTON (AP) — As President Donald Trump describes it, the U.S. swooped into an intractable situation in the Middle East, achieved an agreement within hours that had eluded the world for years and...

Chicago strike means day off for some, emergency for others

CHICAGO (AP) — Chicago parents leaned on family, friends and community groups as 25,000 teachers in the nation's third-largest school district went on this past week, canceling classes for more than...

Finance officials pledge to combat global economic slowdown

WASHINGTON (AP) — Global finance officials wrapped up their fall meetings on Saturday with a pledge to "employ all appropriate tools" to combat the weakest global growth in a decade, but there was little...

The Latest: California names director for wildfire safety

SAN FRANCISCO (AP) — The Latest on a massive power shut-off last week in Northern California (all times local):

PCG : 7.76 (-0.89%)
California unemployment rate falls to record low of 4%

SAN FRANCISCO (AP) — California's economy kept humming in September, dropping the unemployment rate to a record low 4% statewide and under 2% in San Francisco and some of its neighboring counties, a...

Facebook reaches licensing deal with News Corp for headlines

NEW YORK (AP) — News Corp. says it has reached a licensing deal with Facebook that lets the social network feature headlines from The Wall Street Journal, the New York Post and other publications on...

NWSA : 13.47 (-1.46%)
Huawei exec: Chinese tech giant wants to be 'transparent'

WASHINGTON (AP) — A top executive of Chinese tech giant Huawei said Friday that the company is prepared to be "open and transparent" as it looks to persuade the U.S. government that it can be trusted...

GOOGL : 1,244.41 (-0.67%)
Trump taps Perry deputy to replace him at Energy Department

WASHINGTON (AP) — President Donald Trump on Friday selected Dan Brouillette, deputy to departing Energy Secretary Rick Perry, to lead the Energy Department, calling him a "total professional" with unparalleled...

F : 9.29 (+1.98%)
New Chicago mayor faces familiar problems as teachers strike

CHICAGO (AP) — Chicago Mayor Lori Lightfoot swept into office this spring declaring it for the nation's third-largest city. She pledged to change the way City Hall operated under Rahm Emanuel and for...

The Latest: Johnson seeks support for Brexit deal

LONDON (AP) — The Latest on Brexit (all times local):

IMF, World Bank leaders appeal for an end to trade wars

WASHINGTON (AP) — The leaders of the International Monetary Fund and the World Bank appealed to their 189 member countries on Friday to resolve widening disagreements on trade and other issues, warning...

Despair in Burgundy and beyond, as US tariffs hit EU goods

CHABLIS, France (AP) — French vintners are begging for government aid. Italian farmers are scrambling for new export markets. And American shoppers are about to face supermarket sticker shock on European...

Johnson urges support for Brexit deal before knife-edge vote

LONDON (AP) — Boris Johnson worked behind the scenes Friday to win enough support to push his through the fractious British Parliament and pave the way for Britain — finally — to leave the European...

Despite labor costs, GM averts financial woes of its past

DETROIT (AP) — A decade ago, high labor costs helped drag a bloated and debt-ridden General Motors into a government-funded bankruptcy.

F : 9.29 (+1.98%)
GM : 36.17 (-0.06%)
Real estate developer gets 1 month in college bribery case

BOSTON (AP) — A California real estate developer was sentenced Friday to one month in prison for paying $75,000 to cheat on his daughter's college entrance exam.

EU leaders censure Turkey over military action against Kurds

BRUSSELS (AP) — European leaders issued a strong condemnation Friday of Turkey's military operation against Kurdish fighters in northern Syria, urging Ankara to immediately stop what French President...

China's economic slowdown deepens, weighing on global growth

BEIJING (AP) — China's economic growth sank to a new multi-decade low in the latest quarter as a trade war with the U.S. deepened a slump that is weighing on the global economy.

PNC : 143.52 (+0.60%)
French rail routes disrupted by strike over train security

PARIS (AP) — A wildcat strike has severely disrupted train travel around France, as railway workers demand better security after a recent accident.

Chart of the Day

Sibanye Gold Ltd ADR (SBGL)

The Barchart Chart of the Day belongs to the gold mining company Sibanye Gold (SBGL). I found the stock by sorting Barchart's Top Stocks to Own list first by the most frequent number of new highs in the last month, then used the Flipchart featur...
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