Business Highlights

___ Morgan Stanley to buy E-Trade for $13 billion NEW YORK (AP) — Morgan Stanley is buying E-Trade Financial for $13 billion in stock. The deal announced Thursday c...

China civil rights activist arrested for suggesting Xi should resign

TAIPEI (Taiwan News) — China's civil rights activist Xu Zhiyong (許志永) was arrested Saturday (Feb. 15) in the Chinese city of Guangzhou after publishing an article on social media that highli...

US manufacturing output hit by Boeing troubles, slips 0.1%

WASHINGTON (AP) — U.S. manufacturing output fell slightly in January, driven lower by Boeing's decision to halt production of its troubled 737 MAX aircraft. The Federal Reserve said...

Global tourism takes major hit as virus halts Chinese travel

This should have been a good year for global tourism, with trade tensions gradually easing, certain economies growing and banner events like the Summer Olympics taking place in Tokyo. But the viral ou...

Global tourism takes major hit as virus halts Chinese travel

This should have been a good year for global tourism, with trade tensions gradually easing, certain economies growing and banner events like the Summer Olympics taking place in Tokyo. But the viral ou...

Companies with China ties start to feel virus impact

NEW YORK (AP) — The dangerous virus spreading through China threatens a wide range of industries with ties to the world’s second largest economy. Chinese authorities have cut off acc...

Survey: University investments saw slower growth in 2019

BOSTON (AP) — Most U.S. universities made money on their financial investments last year, but their returns were tempered by a global economic slowdown fueled by America’s trade war with China, accord...

Strong earnings reports send stocks higher on Wall Street

Stocks are off to another strong start on Wall Street as strong earnings reports from big U.S. companies got investors to set aside worries about a spreading virus in China. General Electric, Textron ...

Asian shares mostly higher after rebound on Wall Street

Shares advanced in most Asian markets on Wednesday after a rebound on Wall Street that reversed most losses from a sell-off the day before. Hong Kong's Hang Seng dropped 2.8%, to 27...

Easing trade tensions bode well for emerging market stocks

LOS ANGELES (AP) — Several factors are pointing to a possible rebound in emerging market stocks this year. Stocks in China and other developing economies notched solid gains in 2019,...

As European Central Bank meets, eyes turn to policy review

FRANKFURT, Germany (AP) — The European Central Bank will meet Thursday and, with monetary policy on hold for the moment, investors are waiting to hear more about President Christine Lagarde's plans fo...

CEOs got a pass in 2019, but they need to grow profits soon

NEW YORK (AP) — CEOs, you get one more mulligan. Over the next few weeks, companies across the country will be telling investors how much profit they made in the last three months o...

European Central Bank officials say economy remains weak

FRANKFURT, Germany (AP) — Top officials at the European Central Bank say economic growth remains weak though they see a few upbeat signs after the U.S. and China moved toward lowering trade tensions. ...

US drops designation of China as currency manipulator

WASHINGTON (AP) — The Trump administration is dropping its designation of China as a currency manipulator in advance of the signing Wednesday of a Phase 1 U.S.-China trade agreement. The prel...

Business Highlights

___ US drops designation of China as currency manipulator The Trump administration is dropping its designation of China as a currency manipulator in advance of the ...