Business

economy and business news

Federally Insured Banks Largely Off-Limits to Cannabis Business

Federally Insured Banks Largely Off-Limits to Cannabis Business

In May, Arkansas became the latest state to cash in on the sale of medical marijuana. Lines of people wrapped...

US, China Talk Trade at G-20 Finance Meeting

US, China Talk Trade at G-20 Finance Meeting

U.S. Treasury Secretary Steven Mnuchin said Saturday that he plans to speak privately with China’s central bank governor about trade...

FedEx Ends Amazon’s FedEx Express Plane Service

FedEx Ends Amazon’s FedEx Express Plane Service

FedEx Corp. Friday decided not to renew its contract with Amazon.com Inc. for U.S. cargo delivery through FedEx Express, the...

Trump Announces Deal With Mexico Averting Tariffs

Trump Announces Deal With Mexico Averting Tariffs

Cindy Saine at the State Department contributed to this report.    U.S. President Donald Trump said late Friday that the...

Two Execs Out as Uber Stock Sputters

Two Execs Out as Uber Stock Sputters

Uber is parting ways with two of its top executives less than a month after the company’s rocky stock market...

US Legislators Seek Answers on Boeing 737 Max Defect 

US Legislators Seek Answers on Boeing 737 Max Defect 

Two key U.S. legislators want answers from Boeing and federal regulators about why the company waited more than a year...

Trade War Clouds Outlook as Finance Chiefs Meet in Japan

Trade War Clouds Outlook as Finance Chiefs Meet in Japan

Finance ministers and central bank governors meeting in Japan this weekend will try to make headway on long-standing issues such...

Putin Says US Unilateralism Undermines Global Trade

Putin Says US Unilateralism Undermines Global Trade

Russian President Vladimir Putin has criticized the United States for using pressure and sanctions to maintain its economic supremacy. Speaking...

US Jobs Growth Slows Sharply

US Jobs Growth Slows Sharply

U.S. job growth slowed sharply in May and wages rose less than expected, suggesting the loss of momentum in economic...

Fiat Chrysler Drops Renault Merger Idea

Fiat Chrysler Drops Renault Merger Idea

Italian-U.S. carmaker Fiat Chrysler on Thursday pulled the plug on its proposed merger with Renault, saying negotiations had become “unreasonable”...

IMF: US Trade Wars Are Risk to America’s Economy

IMF: US Trade Wars Are Risk to America’s Economy

The U.S. economy could be weakened by escalating trade wars or a sudden downturn in global financial markets, the International...

Vietnam Businesses Push for Green Economy

Vietnam Businesses Push for Green Economy

Liz Hung supports a lot of the imaginative concepts being discussed to make Vietnam “greener” economically and in terms of...