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A Scotch Maker’s Challenge: First Brexit. Now Tariffs.

The 25 percent U.S. tariffs to be imposed Friday are causing headaches for single malt distilleries, already struggling with Brexit.Read More



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ABC News: Money

Supreme Court lets Sandy Hook shooting lawsuit go 2019-11-12 09:57:39The Supreme Court is letting the lawsuit against the maker of the rifle used in the Sandy Hook Elementary School shooting go forward

Got milk and plenty of other choices; Dean 2019-11-12 09:54:20Dean Foods has filed to reorganize under Ch. 11 in order to help address its debt and unfunded pension obligations

Markets Right Now: US stock indexes open slightly 2019-11-12 09:46:17Stocks are opening slightly higher on Wall Street, led by gains in technology and health care companies.

McDonald's workers say anti-harassment efforts fall short 2019-11-12 09:40:25McDonald's workers say company's anti-harassment efforts fall short

Report: Election vendors are 'prime targets,' need oversight 2019-11-12 09:39:12A new report says the nation's elections are vulnerable to attack due to a lack of robust federal oversight of the private companies involved in manu

Clinton criticizes UK for blocking Russian influence report 2019-11-12 09:35:56Hillary Clinton says she's "dumbfounded" the U.K. government has failed to release a report on Russian influence in British politics as the country

Court says EU states must label Israeli settlement 2019-11-12 09:20:41The European Union's top court says that EU countries must identify produce made in Israeli settlements on its labels, a ruling that was welcomed by

Italian insurer Generali seeks art market leadership 2019-11-12 08:45:01Italian insurer Generali has tapped contemporary artist Maurizio Cattelan as it launches a program to cover art works

4 charged over pay for Volkswagen employee council 2019-11-12 08:16:37German prosecutors say they have charged four current and former personnel managers at Volkswagen over the payment of allegedly excessive salaries and

World stocks rise as investors await US-China trade 2019-11-12 08:07:25World stock markets are up as investors await news on progress in negotiations on the trade dispute between China and the United States

The Latest: EU asks UK to name commissioner 2019-11-12 07:28:11Even though the British government desperately wants to leave the EU, the bloc itself desperately wants a new U.K. Commissioner on its executive team,

Huawei giving employees bonus for coping with US 2019-11-12 06:57:50Huawei paying employees bonuses for coping with U.S. sanctions on Chinese tech giant

Reuters: Business News

Alibaba's Singles' Day sales hit record $38 billion; New! 2019-11-12 19:11:55(This November 11 story corrects to say "above", not "below", in 6th paragraph)

Tariff stockpiling wanes as importers work off inventories: New! 2019-11-12 18:55:28The executive in charge of the No. 1 seaport for U.S. trade with China on Tuesday said importers were not stockpiling goods ahead of President Donald

S&P 500 ekes out gain after Trump trade New! 2019-11-12 18:33:58The benchmark S&P 500 stock index eked out a slim gain on Tuesday as President Donald Trump said the United States is close to signing an initial

Some U.S. airlines willing to take 737 MAX New! 2019-11-12 18:20:07Some U.S. airlines are willing to pick up their 737 MAX jets from Boeing Co as soon as December if the Federal Aviation Administration (FAA) approves

Tesla CEO says will build Gigafactory 4 in New! 2019-11-12 18:19:29Tesla Inc Chief Executive Officer Elon Musk said on Tuesday the electric-car maker will build its first European factory as well as an engineering an

Airbus says could stretch A220 airliner, but has New! 2019-11-12 17:57:14Airbus SE's Canadian-designed A220 narrowbody jet has the potential to be stretched to carry more passengers but the company has no current plans to

Chinese national pleads guilty in U.S. court to New! 2019-11-12 17:36:15A Chinese national pleaded guilty on Tuesday to stealing trade secrets from U.S. petroleum company Phillips 66 , where he worked on the research and d

Trump says China trade deal 'close' but dashes New! 2019-11-12 17:30:42President Donald Trump on Tuesday dangled the prospect of completing an initial trade deal with China "soon," but offered no new details on negotiat

Trump bashes Europe for 'terrible' trade barriers New! 2019-11-12 17:30:42U.S. President Donald Trump on Tuesday renewed his criticism of European Union's trade policies, saying it has "terrible" barriers that are unfair

Boeing gives pilot new job after firestorm over New! 2019-11-12 17:20:41One of two Boeing Co technical pilots who described flaws in a crucial flight control system in leaked 2016 instant messages has been transferred to

Trump says U.S. close to signing 'phase one' New! 2019-11-12 17:14:56President Donald Trump on Tuesday said the United States is close to signing a "phase one" trade deal with China, adding in a speech to the Economi

Trump, Apple CEO Tim Cook to tour Apple New! 2019-11-12 16:55:48U.S. President Donald Trump and Apple CEO Tim Cook are expected to tour facilities in Texas where Apple products are made as soon as next week to show

L.A. Times - Business

Amazon plans new grocery store in L.A. as 2019-11-11 18:32:23The Woodland Hills grocery store will be different from Amazon's Whole Foods stores but won't use the high-tech Amazon Go checkout system.

California might not require solar panels on new 2019-11-11 17:56:52State officials will vote this week on a proposal to allow "community solar" farms instead of rooftop panels.

Former U.S. ambassador Ronald Spogli seeks $7.5 million 2019-11-11 16:38:04In Bel-Air, former U.S. ambassador Ronald Spogli has listed his Georgian Traditional-style home of 10 years for $7.495 million.

Column: Apple gets in trouble over the 'sexism' 2019-11-11 15:49:36Apple's new Apple Card credit card gets slammed for a 'sexist' algorithm that discriminates against women

Malibu acreage owned by late billionaire Jerrold Perenchio 2019-11-11 15:03:37In Malibu, a 3.5-acre plot owned by late Univision billionaire A. Jerrold Perenchio just hit the market for $18.95 million.

Soap star Jason Thompson is giving up his 2019-11-11 13:30:39The actor has listed his Hollywood Hills Midcentury for $1.275 million.

'The Young and the Restless' alum Scott Elrod 2019-11-11 11:30:08Scott Elrod, known for his work in daytime drama, has sold the gated property for $3.4 million — less than he paid for it two years ago.

Former Studio City home of actor Robert Blake 2019-11-11 09:00:08The sprawling single-story house with a swimming pool sells for more than $4 million.

Newsletter: Thanksgiving travel may mean paying extra to 2019-11-11 08:00:59If you're flying coach, there may be no guarantee you'll be seated with your kids -- unless you pay more to reserve seats.

Column: Kaiser Permanente CEO Bernard Tyson's death comes 2019-11-10 21:35:55Bernard Tyson's death comes as Kaiser Permanente is at a crossroads.

Viacom reorganizes creative team before CBS merger 2019-11-10 20:11:47Three veteran programming executives, Showtime's David Nevins, Nickelodeon's Brian Robbins and MTV's Chris McCarthy, are getting increased turf as

How to protect a child's education savings from 2019-11-10 06:00:23Custodial accounts and trusts have clear rules to prevent trustee self-dealing. But there are steps you can take to shield a child's funds from a shi

Economy

October ISM non-manufacturing index tops estimates 2019-11-05 10:00:00

The trade deficit got smaller in September as 2019-11-05 08:30:00The U.S. international trade deficit was forecast to narrow to $52.20 billion in September from the $54.90 billion reported a month earlier, according

China presses Trump to remove more tariffs in 2019-11-04 22:00:00The fate of the Dec. 15 China tariffs is being considered as part of negotiations and a potential signing trip this month.

US GDP rose a better-than-expected 1.9% in the 2019-10-30 08:30:00The growth in GDP was slightly slower than in the second quarter as business investment declined.

Private payrolls increase by 125,000 in October, topping 2019-10-30 08:15:00Private payrolls grew at a faster-than-expected pace in October, but the solid growth was offset by a sharp downward revision for the previous month.

Weekly mortgage demand is flat as interest rates 2019-10-30 07:07:00Higher mortgage rates give homeowners little incentive to refinance their home loans

Third-quarter economic growth is expected to be a 2019-10-29 16:16:00Third quarter growth is expected to come in at a weakish 1.6%, with the biggest hits from slowing business investment.

The Fed is expected to cut rates, but 2019-10-29 15:01:00The Fed is widely expected to cut interest rates on Wednesday, but what it says about future moves could have a big impact on markets.

US consumer confidence dips in October, misses expectations 2019-10-29 10:00:00U.S. consumer confidence dipped slightly in October as worries over business conditions and employment prospects ticked up.

Pending home sales rise 1.5% in September, thanks 2019-10-29 10:00:00Pending home sales, which measure signed contracts to buy existing homes, rose for the second straight months. Realtors credit low mortgage rates, des

Home price gains heat up in August but 2019-10-29 09:00:00Home prices rose 3.2% in August, up from the 3.1% gain in July, according to the S&P CoreLogic Case-Shiller National Home Price Index.

Fed to cut rates again, but other economic 2019-10-29 07:00:00The latest CNBC Fed Survey finds concerns over recession, monetary policy and worries about future economic policy.

NYT > Economy

Why the Fed, Long Reticent, Has Started to 2019-11-08 17:56:07Severe weather carries economic and financial stability risks, officials say. The nation’s top economic authority is paying attention.

A Recession Warning Reverses, but the Damage May 2019-11-08 16:35:02Investors are feeling better about the economy, but the yield curve has already predicted a recession.

Recession Fears Are Receding. That Doesn’t Mean They 2019-11-08 13:32:59We’ll never know for sure whether the risks were as great as the yield curve and other signs suggested.

If People Were Paid by Ability, Inequality Would 2019-11-08 05:00:09Some may argue that top earners are simply super skilled, but that’s not what the evidence suggests.

U.S. and China Agree to Roll Back Some 2019-11-07 21:00:18The development suggests progress toward an interim agreement that would provide relief to businesses and consumers.

China Is Trying to Clean Up Its Banks. 2019-11-07 14:11:20Beijing is reining in small financial institutions that once lent with abandon. But the process has generated painful headlines.

The C.E.O. of American Airlines Has a Problem: 2019-11-07 07:53:23Doug Parker has been chief executive of three airlines. But he had never faced a challenge like the grounding of the 737 Max.

Why $4.5 Billion From Big Tech Won’t End 2019-11-06 14:42:15Efforts by Apple, Facebook and Google to address the California housing crunch must contend with the forces that created it.

Trump Vowed to Shrink the Trade Gap. It 2019-11-06 10:32:45The overall trade deficit continued to widen in the first nine months of 2019, suggesting that the global trade wars haven’t had the desired eff

Walmart’s Strategy When Wading Into Culture Wars: Offend 2019-11-05 14:49:12Walmart has taken stands on several controversial issues, but the retailer has been careful to alienate as few customers as possible while doing so.

China’s Xi Praises Free Trade. Striking Deals Is 2019-11-05 14:33:49A setback with India and continuing negotiations with the United States test Beijing’s talk of lowering global barriers.

Companies Cut Back, but Consumers Party On, Driving 2019-11-04 19:23:31Things feel chillier in the executive suite than they do at the mall, and the future of a record expansion hangs in the balance.

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Scouting partner for Jaguar-Land Rover, Tata Motors approaches 2019-11-12 09:47:56India's largest conglomerate has said it's open to finding partners for JLR to save on costs and share the burden of investing in electric vehicles

Maharashtra govt formation LIVE: Will hold talks to 2019-11-12 09:41:13Maharashtra govt formation: With no consensus achieved between Shiv Sena, NCP and Congress, President's rule has been imposed

Stability, regulatory reforms to boost economic growth: BSE 2019-11-12 09:12:36BSE has recently developed a 'real time price movement' chart with correlation to market rumors

CG Power asks firms linked to promoter Thapar 2019-11-12 08:04:13CG Power reported narrowing of consolidated net loss in July-September to Rs 61.47 crore

From self-drive cars to IoT, these next-wave techs 2019-11-12 07:58:23In the last 50 years owing to advances in science and technology-enabled healthcare humans are living longer.

EC Lavasa's son, a firm linked to him 2019-11-12 07:51:38They said the agency has filed a case under the FEMA to probe Abir Lavasa and about Rs 7.25 crore funds raised early this year by a firm -- Nourish Or

AGR verdict: Vodafone's future in India uncertain amid 2019-11-12 06:34:11Read said Vodafone was not committing any more equity to India and the country effectively contributed zero value to the company's share price

BRICS Summit: PM to discuss anti-terror measures with 2019-11-12 06:31:24The BRICS countries will also look to enhance cooperation on digital economy and build mechanisms for counter-terrorism cooperation within the BRICS f

NBFC crisis dragged loan growth to demonetisation lows 2019-11-12 06:07:57While the NBFC sector continues to face the heat, corporate banks seem to be on track to recovery

AP govt ends tie-up with Singapore consortium, scraps 2019-11-12 05:49:28Singapore govt says closure based on mutual consent between AP govt and Singapore Consortium, as former had "other priorities for the state"

Economic slowdown: India's Q2 GDP to grow by 2019-11-12 04:57:34State Bank of India (SBI) joins all other global agencies -- the ADB, World Bank, OECD, RBI and the IMF -- in downgrading India's FY20 growth rates

Govt can hold 5G spectrum auction, but older 2019-11-12 04:01:44Given the latest AGR judgement from the apex court and the sector's deep crisis, the older operators are unlikely to have the wherewithal to bid for


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