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U.S. Stocks Drop amid Global Rout on Virus Fears

Wall Street stocks tumbled early Monday, joining a global selloff amid rising fears over the widening coronavirus outbreak in China.

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GM Says Plant Set to Close Will Produce Electric Cars

General Motors said on Monday one of its U.S. manufacturing plant set for closure will instead shift to producing new electric trucks and SUVs.

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Spain Drops False Advertising Probe into Jeweler TOUS

Spain's top criminal court dropped an investigation into the jewellery chain TOUS Monday, saying there was no evidence it made false claims about its products being made of gold or silver. 

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Oil and Equities Sink over Fears of Economic Impact of Deadly Virus

Fears over the global economic impact of a deadly new SARS-like virus sent oil prices plunging more than two percent on Monday to extend last week's sell-off, while safe-haven assets including the yen and gold rallied.

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Trump Immigration Clampdown May Threaten Americans' Jobs, Wages, Economists Say

The 20-year-old San Diego bakery Con Pane Rustic Breads & Cafe went out of business this month after an audit by U.S. authorities found immigrants working there illegally.

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Erdogan Visits Algeria to Discuss Libya, Boost Trade Links

Turkish President Recep Tayyip Erdogan on Sunday visited Algeria for talks on the conflict in neighboring Libya and plans to boost trade links.

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In Davos, Hong Kong Battles to Regain Lost Investor Glitter

Bruised by months of street protests and calls to resign, Hong Kong's pro-Beijing leader Carrie Lam came to Davos with a tricky pitch to sell -- that the Chinese territory is still a safe destination for investment and she is not going anywhere.

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Strong Flying Demand Cushions MAX Earnings Hit at U.S. Carriers

Continued strong demand for travel boosted airline earnings Thursday even as U.S. carriers struggle with the grinding Boeing 737 MAX crisis that has clouded their outlook.

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Brussels Scratches Head over Talk of U.S. Trade Deal

The president of the European Commission was keen to reassure the billionaires' retreat in Davos: a deal is in the works to head off fears of a trans-Atlantic trade war.

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From Trump Love to Savior Prince: Five Davos Highlights

The annual World Economic Forum wrapped up its second day in Davos on Wednesday, where a punchy US President Donald Trump swung into high gear, relaunching a trade battle with Europe.    

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