ATLANTA – A new exhibition opening in Atlanta encourages visitors to abandon their preconceived notions about Africa and explore the creative efforts of people using design to bring about change on the vast continent. Continue Reading Below “Making Africa: A Continent of Contemporary Design” opens Saturday at Atlanta’s High Museum […]
FOX Business News
Mark Zuckerberg apologizes for VR tour of Puerto Rico
President Trump is on the road, selling his tax overhaul plan to the working and middle class. He said it will save American families $4,000 a year. Many of the details are missing, but Trump added there will be four tax brackets and more Americans will fall into the 0% bracket. Continue Reading […]
Markets Right Now: Stocks open lower on Wall Street
NEW YORK – The latest on developments in financial markets (All times local): Continue Reading Below 9:35 a.m. Stocks are opening slightly lower on Wall Street, a day after setting their latest record highs. AT&T sank 3 percent in early trading Thursday after saying it was losing DirecTV subscribers. Cable […]
Fewer people seek jobless aid as hurricane impact fades
WASHINGTON – Fewer people sought unemployment benefits last week as the impact of last month’s hurricanes on the U.S. economy fades. Continue Reading Below THE NUMBERS: Applications for U.S. unemployment aid fell 15,000 last week to a seasonally adjusted 243,000. Applications fell in Texas and Florida, where Hurricanes Harvey and […]
Investment banking gains drives Citi’s quarterly results
NEW YORK – Financial conglomerate Citigroup said its third-quarter profits increased 8 percent from a year earlier, helped by a boost in its investment banking division. Continue Reading Below Citigroup said it earned $4.13 billion, or $1.42 per share, compared with a profit of $3.84 billion, or $1.24 per share, […]
French President Macron launches Step 2 of labor reforms
PARIS – French President Emmanuel Macron is launching Step 2 of his labor law overhaul, focusing on unemployment benefits and job training. Continue Reading Below Macron met Thursday with France’s main workers’ and employers’ unions to start negotiations that will last for months. The discussions come as workers and unions […]
The Latest: UK urges to move Brexit talks on to trade
BRUSSELS – The Latest on the Brexit negotiations between the European Union and United Kingdom (all times local): Continue Reading Below 1:35 p.m. The pound is dropping after the European Union’s Brexit negotiator said that no significant progress has been made in talks with Britain. Michel Barnier said Thursday after […]
HSBC appoints new CEO to replace retiring Stuart Gulliver
LONDON – London-based bank HSBC says John Flint will be its new chief executive, replacing the retiring Stuart Gulliver. Continue Reading Below The bank said in statement Thursday that Flint, who currently heads up retail banking and wealth management, will take the job on Feb. 21. Chairman Mark Tucker says […]
Amazon dominates, Nike slips in teen shopping preference survey
An overwhelming number of teenage consumers say Amazon (AMZN) is their favorite website for shopping, according to the results of Piper Jaffray’s biannual survey released this week. Continue Reading Below The firm’s survey found 49% of teen shoppers identified Amazon as their favorite ecommerce outlet, up 6% from last spring. […]
U.S. House to vote on $36.5 billion disaster relief package
The U.S. House of Representatives is expected on Thursday to approve $36.5 billion in emergency relief for hurricane-hit areas such as Florida, Texas, Puerto Rico and the U.S. Virgin Islands, as well as California, struck by devastating wildfires. Continue Reading Below Included in the bill is $18.7 billion for the […]