Union Pacific profit down 9% but economy will grow in 2021
OMAHA, Neb. — Union Pacific's first-quarter profit declined 9% as the railroad delivered less freight and its revenue fell, but it said the economy...
Prototype of first US dollar coins going up for auction
A piece of copper that was struck by the U.S. Mint in Philadelphia in 1794 and was a prototype for the fledgling nation’s money...
Bank of England reveals lobbying efforts of ex-PM Cameron
LONDON — The Bank of England published on Thursday a series of communications showing Britain's former prime minister, David Cameron making repeated efforts for...
Legalization bids boost outlook for US cannabis industry
LOS ANGELES — Uncle Sam gave marijuana lovers more reason to celebrate this week as a bipartisan group of lawmakers in the House of...
With Europe’s economy lagging, ECB to keep stimulus running
FRANKFURT, Germany — The European Central Bank is expected to signal Thursday that even if inflation rises later this year it won't consider cutting...
Meituan raises $10 bln for self-driving cars, drone delivery
HONG KONG — Chinese food delivery giant Meituan raised nearly $10 billion in a sale of convertible bonds and additional shares and plans to...
Turkey’s Erdogan fires trade minister in Cabinet reshuffle
ANKARA, Turkey — Turkish President Recep Tayyip Erdogan fired the country's trade minister Wednesday following allegations that her husband’s company received a tender to...
Myanmar refugee crisis brewing as turmoil hits economy
BANGKOK — Aid workers and activists are warning Myanmar’s political upheavals risk causing a regional refugee crisis as the strife following a February coup...
Pandemic ‘exposed’ UK households’ finances, report finds
LONDON — Households in Britain, especially poorer ones, are far more likely to have suffered a severe income shock during the coronavirus pandemic over...
Businesses scramble for help as would-be workers stay home
NEW YORK — It looks like something to celebrate: small businesses posting “Help Wanted” signs as the economy edges toward normalcy. Yet, instead of...
