Business

January 22, 2018 - 9:00 am
WASHINGTON (AP) — The International Monetary Fund is upgrading the outlook for the world economy, noting surprisingly strong growth in Europe and Asia and predicting that U.S. tax cuts will give the American economy a short-term boost. The IMF on Monday forecast global growth of 3.7 percent for...
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Demonstrators rally in support of Deferred Action for Childhood Arrivals (DACA) during a rally outside of the Capitol Sunday, Jan. 21, 2018, in Washington, on second day of the federal shutdown. Democrats have been seeking a deal to protect the "Dreamers," who have been shielded against deportation by DACA, which President Donald Trump halted last year. (AP Photo/Jose Luis Magana)
January 22, 2018 - 7:56 am
WASHINGTON (AP) — The Latest on the budget battle (all times local): 7:55 a.m. CIA Director Mike Pompeo says the government shutdown won't affect the spy agency's operations. He tells CBS News in an interview Monday: "We're going to continue crushing our adversaries whether the government's open or...
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Trinh Xuan Thanh, center, is led to a court room by police in Hanoi, Vietnam, Monday, Jan. 22, 2018. The former oil executive was sentenced to life in prison on charges of embezzlement and mismanagement at the end of the two-weeks trial that also involves 21 others including former Politburo Dinh La Thang. Germany accused Vietnam of kidnapping Thanh from a Berlin park in July, the charge Vietnam denied saying Thanh turned himself in to police voluntarily. (Doan Tan/ Vietnam News Agency via AP)
January 22, 2018 - 7:27 am
HANOI, Vietnam (AP) — A former oil executive was sentenced to life in prison and a former high-ranking Vietnamese government official received a lengthy prison term Monday at the end of a major corruption trial. The 22 defendants in the case were mostly current or former executives at PetroVietnam...
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FILE - In this Monday, Jan. 15, 2018 file photo, French president Emmanuel Macron delivers his speech during a ceremony at The Cour de Cassation, France's highest judicial court, at the Paris courthouse, in Paris. French President Emmanuel Macron told the BBC in an interview broadcast Sunday Jan. 21, 2018, he shared the outrage of many African countries in response to President Donald Trump’s disparaging comments about the continent. (AP Photo/Francois Mori, pool, file)
January 22, 2018 - 7:26 am
PARIS (AP) — French President Emmanuel Macron is hosting 140 world business leaders in a bid to convince them to invest and hire in France. Macron wants to promote his business-friendly policies, including measures to ease France's labor rules and tax changes that aim to attract foreign investors...
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January 22, 2018 - 5:54 am
BEIJING (AP) — China defended its role in global trade Monday and accused Washington of being disruptive after the U.S. government said it was a mistake to support Beijing's World Trade Organization membership on terms that failed to open its economy. China is "strictly complying with WTO rules"...
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January 22, 2018 - 5:39 am
FRANKFURT, Germany (AP) — Two companies say they plan a network of fast-charging stations for battery-powered cars in Europe that will help drivers of electric vehicles travel among the region's main cities. Allego and Fortum Charge & Drive said Monday they envision 27 e-charging hubs in 20...
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Night falls on the U.S. Capitol on second day of the federal shutdown as lawmakers negotiate behind closed doors in Washington, Sunday, Jan. 21, 2018. (AP Photo/J. Scott Applewhite)
January 22, 2018 - 5:37 am
WASHINGTON (AP) — The government shutdown is set to sow more disruption and political peril Monday after the Senate inched closer but ultimately fell short of an agreement that would have reopened federal agencies before the beginning of the workweek. Senate Majority Leader Mitch McConnell and...
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Two persons walk behind the logo of the World Economic Forum at the meeting's conference center in Davos, Switzerland, Sunday, Jan. 21, 2018. The meeting brings together entrepreneurs, scientists, chief executives and political leaders from Jan. 23 to 26. (AP Photo/Markus Schreiber)
January 22, 2018 - 5:25 am
DAVOS, Switzerland (AP) — In Davos this week, participants can experience "a day in the life of a refugee." Or hear about ways to uphold the Paris climate accord and promote free trade. Or rub elbows with any number of leaders of African countries. Enter Donald Trump. The World Economic Forum in...
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A worker places a plant during preparations for the 48th annual meeting of the World Economic Forum, WEF, in Davos, Switzerland, Sunday, Jan. 21, 2018. The meeting brings together entrepreneurs, scientists, chief executives and political leaders from Jan. 23 to 26. (Gian Ehrenzeller/Keystone via AP)
January 22, 2018 - 4:53 am
DAVOS, Switzerland (AP) — A CEO from one of the world's top five global fashion brands has to work for just four days to earn what a garment worker in Bangladesh will earn in an entire lifetime, campaigning group Oxfam International said Monday. In the run-up to the World Economic Forum in the...
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People monitor stock prices at a brokerage house in Beijing, Monday, Jan. 22, 2018. Asian stock markets were mixed Monday after global investors shrugged off the latest U.S. government shutdown. (AP Photo/Andy Wong)
January 22, 2018 - 4:38 am
BEIJING (AP) — Global stocks were mixed Monday after global investors shrugged off the latest U.S. government shutdown. KEEPING SCORE: In early trading, German's DAX was off 8 points at 13,423.85 and France's CAC 40 declined 0.1 percent to 5,519.85. London's FTSE 100 was up 5 points at 7,735.77. On...
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