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Germany’s Economy, Europe’s Powerhouse, Contracts for First Time in Years

Germany’s Economy, Europe’s Powerhouse, Contracts for First Time in Years

Germany’s economy shrank for the first time in 3½ years, as tussles over trade rules undermined exports and new emissions rules hit car production.

Published 1 month ago

‘White-Collar Recession’ Ripples Through Dubai’s Economy

‘White-Collar Recession’ Ripples Through Dubai’s Economy

This emirate is struggling with what economists are calling a white-collar recession, undermining the city’s taste for luxury and testing an economic model other Middle East countries want to replicate.

Published 1 month ago

Oil Rout Drags Global Stocks Lower

Oil Rout Drags Global Stocks Lower

Global stocks edged lower amid a continued fall in oil prices and mounting questions about global growth.

Published 1 month ago

Germany’s Economy, Europe’s Powerhouse, Contracts for First Time in Years

Germany’s Economy, Europe’s Powerhouse, Contracts for First Time in Years

Germany’s economy shrank for the first time in 3½ years, as tussles over trade rules undermined exports and new emissions rules hit car production.

Published 1 month ago

Future of Tech: Smarter Cameras Will Transform Everyday Life

Future of Tech: Smarter Cameras Will Transform Everyday Life

Advances in intelligent-camera systems could end up making lenses more central to people’s lives inside and outside the home.

Published 1 month ago

U.S. Panel Warns China Tech Prowess Threatens U.S. Security

U.S. Panel Warns China Tech Prowess Threatens U.S. Security

A commission of security and economic experts convened by Congress warned that China’s technology-manufacturing strength threatens U.S. national security and advised U.S. government agencies to be mindful of Chinese attempts to compromise government systems.

Published 1 month ago

Toys ‘R’ Us Wins Confirmation of Chapter 11 Payment Plan

Toys ‘R’ Us Wins Confirmation of Chapter 11 Payment Plan

A judge signed off on a bankruptcy plan for Toys “R” Us that gives control of the brand to a group of hedge funds, and a fractional payment to suppliers, after a failed turnaround effort left 33,000 workers without jobs and all of its U.S. stores closed.

Published 1 month ago

Kevin McCarthy Emerges as Likely Victor in GOP House Leadership Contest

Kevin McCarthy Emerges as Likely Victor in GOP House Leadership Contest

House Majority Leader Kevin McCarthy will likely be elected Republicans’ minority leader Wednesday, ending a power struggle that has simmered for months.

Published 1 month ago

FAA Launches Review of Boeing’s Safety Analyses

FAA Launches Review of Boeing’s Safety Analyses

U.S. aviation regulators, responding to last month’s Lion Air jet crash, launched a high-priority review of the safety analyses Boeing has performed over the years.

Published 1 month ago

Oil Falls Most Since 2015 on Fears of Oversupply

Oil Falls Most Since 2015 on Fears of Oversupply

U.S. oil prices sank deeper into a bear market Tuesday, posting their steepest fall in over three years and a record 12 consecutive days of losses, as fears of oversupply.

Published 1 month ago

How Amazon Picked HQ2 and Jilted 236 Cities

How Amazon Picked HQ2 and Jilted 236 Cities

For months, cities vied for Amazon’s second headquarters while some executives were realizing that no single place would fulfill its requirements. The long search, designed to showcase the company’s largess, has for some left a bad taste. “My heart’s broken today.”

Published 1 month ago

Trump Weighs Replacing Chief of Staff John Kelly in White House Shake-Up

Trump Weighs Replacing Chief of Staff John Kelly in White House Shake-Up

President Trump is considering high-level staff changes, including potential replacements for White House Chief of Staff John Kelly.

Published 1 month ago

U.S. Panel Warns China Tech Prowess Threatens U.S. Security

U.S. Panel Warns China Tech Prowess Threatens U.S. Security

A commission of security and economic experts convened by Congress warned that China’s technology-manufacturing strength threatens U.S. national security and advised U.S. government agencies to be mindful of Chinese attempts to compromise government systems.

Published 1 month ago

More China stimulus expected after weak economic data

More China stimulus expected after weak economic data

Retail and property sales stutter while credit growth slides to all-time low

Published 1 second ago

The race to mine the deep sea’s riches

The race to mine the deep sea’s riches

Miners want to tap subsea deposits of cobalt and other rare metals, but scientists worry about the possible environmental damage

Published 1 second ago