Business

FILE - In this Aug. 6, 2019, file photo, a woman walks by a money exchange shop decorated with different countries currency banknotes at Central, a business district in Hong Kong. The IMF’s latest World Economic Outlook comes on the eve of meetings in Washington this week of the IMF and its sister lending organization, the World Bank. (AP Photo/Kin Cheung, File)
October 15, 2019 - 10:48 am
WASHINGTON (AP) — The International Monetary Fund is further downgrading its outlook for the world economy, predicting that growth this year will be the weakest since the 2008 financial crisis, primarily because of widening global conflicts. The IMF's latest World Economic Outlook released Tuesday...
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October 15, 2019 - 10:46 am
WASHINGTON (AP) — The International Monetary Fund said Tuesday it welcomes the decision by Ecuadorian President Lenín Moreno to cancel an austerity package following more than a week of protests. Gita Gopinath, IMF's chief economist, said the agency welcomes the attempt "to bring in all...
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FILE - In this May 1, 2018, file photo, Facebook CEO Mark Zuckerberg delivers the keynote speech at F8, Facebook's developer conference, in San Jose, Calif. Zuckerberg is defending meetings he’s reportedly had with conservative leaders after #DeleteFacebook began trending on social media. Politico reported this week that the Facebook CEO held private meetings with Fox News Tucker Carlson and conservative radio host Hugh Hewitt. Zuckerberg said in a Facebook post that he takes meetings with lots of people across the spectrum on lots of different issues all the time. (AP Photo/Marcio Jose Sanchez, File)
October 15, 2019 - 8:40 am
Mark Zuckerberg defended meetings he's reportedly had with conservative leaders after #DeleteFacebook began trending on social media. Politico reported this week that the Facebook CEO held private meetings with, among others, Fox News' Tucker Carlson and conservative radio host Hugh Hewitt...
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FILE- This Nov. 14, 2018, file photo shows Lubriderm, a Johnson & Johnson product, on display at a market in Pittsburgh. Johnson & Johnson reports financial results Tuesday, Oct. 14, 2019. (AP Photo/Gene J. Puskar, File)
October 15, 2019 - 7:37 am
NEW BRUNSWICK, N.J. (AP) — Johnson & Johnson's third-quarter profit jumped 23%, beating Wall Street forecasts, thanks to higher sales of its key medicines for cancer and immune disorders and an acquisition-related charge a year earlier. The world's biggest maker of health care products also...
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FILE - In this Dec. 13, 2016, file photo, the logo for Goldman Sachs appears above a trading post on the floor of the New York Stock Exchange. The Goldman Sachs Group Inc. reports financial results Tuesday, Oct. 14, 2019. (AP Photo/Richard Drew, File)
October 15, 2019 - 7:15 am
NEW YORK (AP) — Goldman Sachs had a 26% decline in third quarter profits, the bank said Tuesday, as Goldman took losses on some of its public investments and struggled to drum up enough advisory business. The New York-based bank on Tuesday reported a profit of $1.88 billion, or $4.79 a share, down...
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A man stretches in front of an electronic stock board of a securities firm in Tokyo, Tuesday, Oct. 15, 2019. On Tuesday, shares are mixed in Asia after a wobbly day of trading on Wall Street. Japan’s Nikkei 225 index jumped 1.8% as it reopened from a public holiday and investors caught up on the news of a preliminary trade deal between China and the U.S. (AP Photo/Koji Sasahara)
October 15, 2019 - 6:16 am
BANGKOK (AP) — Stock markets mostly rose on Tuesday as investors gauged the outlook for the U.S.-China trade dispute and looked to earnings reports from large banks. Germany's DAX advanced 0.4% to 12,537 and the CAC 40 in Paris gained 0.6% to 5,674. London's FTSE 100 was down 0.4% at 7,185. In New...
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FILE - This July 19, 2016, file photo shows the Google logo at the company's headquarters in Mountain View, Calif. Google is expected to unveil a new Pixel phone with an updated camera and an emphasis on artificial intelligence features. (AP Photo/Marcio Jose Sanchez, File)
October 15, 2019 - 6:11 am
NEW YORK (AP) — Google is expected to unveil a new Pixel phone with an updated camera and an emphasis on artificial intelligence features. Google has already announced many details of the Pixel 4, including motion-sensing technology that allows users to skip songs or turn off alarms with just the...
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FILE - In this Friday, Oct. 11, 2019, file photo, President Donald Trump watches as Chinese Vice Premier Liu He speaks to U.S. Trade representative Robert Lighthizer, right, in the Oval Office of the White House in Washington. A truce in a U.S.-Chinese tariff war and Beijing's promises to open more of its state-dominated economy are raising hopes among investors. But China's own state media are trying to temper expectations, while companies express frustration about the halting pace of market opening. (AP Photo/Andrew Harnik, File)
October 15, 2019 - 5:22 am
BEIJING (AP) — A truce in a U.S.-Chinese tariff war and Beijing's promises to open more of its state-dominated economy are raising investor hopes. But Beijing is trying to temper expectations, while companies express frustration over the halting pace of market-opening. The China Daily, an English-...
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October 15, 2019 - 5:20 am
LONDON (AP) — The former chief executive of the failed Thomas Cook travel agency has told a British parliamentary committee he has not decided whether to return his substantial cash bonus. Peter Fankhauser told the Business, Energy and Industrial Strategy Committee Tuesday that he is "deeply sorry...
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Hong Kong Chief Executive Carrie Lam listens to a journalist's question during a press conference at the government building in Hong Kong, Tuesday, Oct. 15, 2019. A homemade, remote-controlled bomb intended to "kill or to harm" riot control officers was detonated as they deployed against renewed violence in Hong Kong over the weekend, police said Monday, in a further escalation of destructive street battles gripping the business hub. (AP Photo/Mark Schiefelbein)
October 15, 2019 - 4:30 am
HONG KONG (AP) — Hong Kong's leader said Tuesday that "it's totally irresponsible and unfounded" to suggest the semi-autonomous Chinese territory is becoming a police state as her government grapples with protests now in their fifth month. In a spirited defense of Hong Kong's 30,000-strong police...
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