Friday, February 12, 2016
Federal Reserve Chair Janet Yellen cautioned Wednesday that global weakness and falling financial markets could depress the U.S. economy's growth and slow the pace of Fed interest rate hikes.
Thursday, February 11, 2016
The United Auto Workers alleges that Volkswagen has failed to consult with a newly elected maintenance workers union on a range of issues from vending machine prices to out-of-pocket prescription drug costs despite a union victory at the plant in December.
Monsanto will pay an US$80 million penalty and several executives will pay smaller amounts to settle federal allegations that the agribusiness giant misstated its earnings by not properly disclosing the costs of a rebate program for its Roundup weed-killer.
Wednesday, February 10, 2016
A U.N. panel on Monday proposed long-sought greenhouse gas emissions standards for airliners and cargo planes, drawing praise from the White House and criticism from environmentalists who said they would be too weak to actually slow global warming.
Monday, February 8, 2016
In the snowy woods of northern New England and other forested parts of the U.S., the lumberjack is an endangered species.
Sunday, February 7, 2016
Two of six leading bondholders that years ago refused Argentina's invitation to trade their bonds at steep discounts have agreed to settle their longstanding claims after the South American nation offered bondholders with cases in federal court in Manhattan US$6.5 billion in ..................
Consider looking past January's so-so job growth. At first glance, Friday's government report on U.S. hiring was a downer -- 151,000 added jobs, well below the pace of the previous few months.
Saturday, February 6, 2016
The U.S. trade deficit rose in December as American exports fell for a third straight month, reflecting the pressures of a stronger dollar and spreading global weakness. Those factors contributed to the first annual drop in U.S. export sales since the Great Recession shrank global trade six years ago.
Thursday, February 4, 2016
The Mexican central bank reported Tuesday that money sent home by Mexicans overseas hit nearly US$24.8 billion last year, overtaking oil revenues for the first time as a source of foreign income.
The E. coli outbreak that was linked to Chipotle restaurants may be over, but the burrito chain's indigestion continues.