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Monday, Aug 5, 2019 at 05:05 PM PDT

Lashing Back, China Lets Yuan Drop, Halts US Farm Purchases

Lashing Back, China Lets Yuan Drop, Halts US Farm Purchases

China decided Monday to meet President Donald Trump's latest tariff threat with defiance, letting its currency drop to an 11-year low and halting purchases of U.S. farm products. The moves, which came four days...

Monday, Aug 5, 2019 at 03:11 PM PDT

S&P 500 Plunges in Worst Loss of Year as Trade War Escalates

S&P 500 Plunges in Worst Loss of Year as Trade War Escalates

U.S. stocks plunged to their worst loss of the year Monday and investors around the world scrambled to sell on worries about how much President Donald Trump's worsening trade war will damage the global...

Friday, Aug 2, 2019 at 03:16 PM PDT

Purdue Pharma Must Be 'Held Accountable,' Families Say

Purdue Pharma Must Be 'Held Accountable,' Families Say

They came bearing oversized images of the sons and daughters they lost to drug overdoses and signs demanding justice from the pharmaceutical company they hold most responsible. The parents and their supporters...

Friday, Aug 2, 2019 at 08:26 AM PDT

Lowe's Lays Off Thousands of Workers

Lowe's Lays Off Thousands of Workers

Home improvement retailer Lowe's has told thousands of workers that their jobs are being eliminated. The company plans to outsource jobs of maintenance and assembly workers to third-party companies. The...

Friday, Aug 2, 2019 at 06:45 AM PDT

US Adds a Solid 164,000 Jobs in July

US Adds a Solid 164,000 Jobs in July

U.S. employers sustained a steady pace of hiring in July, adding 164,000 jobs, according to the Bureau of Labor Statistics. The unemployment rate remained at 3.7% for a second straight month, close to a 50-year...

Thursday, Aug 1, 2019 at 02:11 PM PDT

Amazon Drivers Part of Major Theft Ring: FBI

Amazon Drivers Part of Major Theft Ring: FBI

A theft ring in Washington state sold millions of dollars' worth of stolen goods on Amazon.com in the past six years, and a pair of Amazon delivery drivers was involved, recently unsealed federal court documents...

Thursday, Aug 1, 2019 at 07:18 AM PDT

Alleged Capital One Hacker Barely Bothered to Hide

Alleged Capital One Hacker Barely Bothered to Hide

The 33-year-old former Amazon software engineer accused of hacking Capital One made little attempt to hide her attack. In fact, she effectively publicized it. It's one of many riddles swirling around Paige...

Wednesday, Jul 31, 2019 at 11:46 PM PDT

Powell Raises as Many Questions As Answers With Fed Rate Cut

Powell Raises as Many Questions As Answers With Fed Rate Cut

The Federal Reserve cut its key interest rate Wednesday for the first time in a decade to try to counter the impact of President Donald Trump's trade wars, stubbornly low inflation and global weakness. It left...

Wednesday, Jul 31, 2019 at 11:26 AM PDT

FTC on Equifax Settlement: Choose Free Credit Monitoring Over Cash Payout

FTC on Equifax Settlement: Choose Free Credit Monitoring Over Cash Payout

It seems the Federal Trade Commission was a little too efficient at getting the word out about how consumers could claim up to $125 if they were affected by the 2017 Equifax data breach. The government...

Wednesday, Jul 31, 2019 at 10:21 AM PDT

Impossible Foods, Others, Use Partners to Expand

Impossible Foods, Others, Use Partners to Expand

After months of shortages, Impossible Foods is partnering with a veteran food production company to ramp up supplies of its popular plant-based burgers. The Redwood City, Calif.-based startup is partnering with...

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