Month: April 2019

Uber Technologies Inc. has 91 million users, but growth is slowing and it may never make a profit, the ride-hailing company said Thursday in its initial public offering filing.  The document gave the first comprehensive financial picture of the company, which was started in 2009 after its founders struggled…

U.S. consumer prices increased by the most in 14 months in March, but the underlying inflation trend remained benign amid slowing domestic and global economic growth. The mixed report from the Labor Department on Wednesday was broadly supportive of the Federal Reserve's decision last month…

Mexico's foreign minister on Wednesday criticized hold-ups in the flow of goods and people at the U.S-Mexico border, and said he planned to discuss the matter with U.S. Department of Homeland Security officials later in the day. After days of traffic delays at sections of…

Cloaked in black and carrying white buckets filled with artificial blood, the group filed in silence to the entrance of London's Downing Street, behind a troupe of child and teen activists. Ringing a bell as they walked, the 45 adults -- all participants in Extinction…

After generations of trawling the same waters, the fishermen on the coast of Tamil Nadu in southeastern India know where to cast a net or park a boat without resorting to signs or GPS maps. But their customary rights over this common space - a…

Rob Garver contributed to this report The top Senate Democrat says President Donald Trump's picks to fill two vacant seats on the Federal Reserve Board are unqualified for the job. Trump has nominated former pizza chain boss Herman Cain and conservative economic commentator Stephen Moore…

Boeing's orders and deliveries sank in the first quarter, with zero new orders for the 737 MAX following a worldwide grounding in March in the wake of two fatal plane crashes. The groundings forced Boeing to freeze deliveries of the MAX, which had been its…

Britain's Standard Charter Bank has agreed to more than $1 billion in fines and forfeited assets to the U.S. and New York state for violating U.S. sanctions against trade with Iran. Federal and state prosecutors said Tuesday that between 2007 and 2011, the global financial…

More families of victims of the Lion Air crash in Indonesia are suing Boeing after its chief executive apologized and said a software update for the MAX 8 jet would prevent further disasters. Family members and lawyers said Monday that CEO Dennis Muilenburg's comment last…

China and Pakistan say their ongoing multibillion-dollar infrastructure development cooperation program under Beijing’s global Belt and Road Initiative (BRI) has entered the next stage after achieving initial targets, dismissing reports the project increased Islamabad’s debt burden rather than boosting economic growth.  Officials in the neighboring…

Venezuela will "fulfill its commitments" to Cuba despite United States sanctions targeting oil shipments from the South American country to its ideological ally, Foreign Minister Jorge Arreaza said on Monday. Washington on Friday imposed sanctions on 34 vessels owned or operated by state-run oil company…

As the North Atlantic Treaty Organization (NATO) heads into its eighth decade amidst doubts in some quarters of its contemporary relevance, the Czech Republic’s Foreign Minister tells VOA that there’s “huge consensus” among political parties in his country in support of NATO membership and of…

Japanese automaker Nissan has ousted from its board former chairman Carlos Ghosn and another executive, American Greg Kelly, who are facing charges of financial misconduct. Nissan shareholders approved the measure Monday after a three-hour extraordinary meeting at a Tokyo hotel. Both Ghosn and Kelly have…

American Airlines is extending by over a month its cancellations of about 90 daily flights as the troubled 737 Max plane remains grounded by regulators. American said Sunday it is extending the cancellations through June 5 from the earlier timeframe of April 24. The airline…