Category: Business

The typical routines of life on a family farm carry a heavier burden these days for Pam Johnson. “First thing I do is make a pot of coffee,” she told VOA in an interview in one of the cavernous sheds that contain her green and…

For sale: waterfront property with sweeping views of the Atlantic Ocean. Waves erode beach regularly. Flooding gets worse every year. Saltwater damage to lawn. Asking price: anyone’s guess. Some research suggests rising sea levels and flooding brought by global warming are harming coastal property values.…

Stocks climbed on Tuesday and clawed back a chunk of their losses from Monday's rout, the latest whipsaw move as investors weigh just how badly the escalating U.S.-China trade war will hurt the economy.  The day's rally was nearly a mirror image of Monday's plunge,…

A U.S. labor agency has concluded that ride-hailing company Uber Technologies Inc's drivers are independent contractors and not its employees, which could prevent them from joining unions. The National Labor Relations Board's general counsel, in a memo released on Tuesday, said Uber drivers set their…

The future of Bulgaria's vast number of low-wage truck drivers has become a top campaign issue in the country heading into European Parliament elections, with debates raging on how new EU rules could threaten the workers and deepen divisions between rich and poor nations in…

Capitol Hill correspondent Michael Bowman and reporter Ira Mellman contributed to this report President Donald Trump said the United States "can make a deal with China tomorrow" to resolve the trade dispute between the world's two largest economies, adding the accusation that China prevented the…

U.S. President Donald Trump on Monday said U.S. tariffs on China bring billions of dollars into U.S. coffers. He said China's retaliatory tariffs can have no effect on the U.S. economy. The escalation of the U.S.-China trade war sent stock markets tumbling on Monday, with…

The Supreme Court is allowing consumers to pursue an antitrust lawsuit that claims Apple has unfairly monopolized the market for the sale of iPhone apps. New Justice Brett Kavanaugh is joining the court's four liberals Monday in rejecting a plea from Cupertino, California-based Apple to…

VOA's Michael Bowman and Ira Mellman contributed to this report. China says it is imposing tariffs on $60 billion worth of imports from the United States, retaliating after President Donald Trump boosted taxes on $200 billion worth of Chinese goods sent to the United States…

Honda has confirmed its western England car factory, which employs 3,500 people, will close in 2021. The Japanese carmaker announced Monday that the Swindon plant will shut in two years, "at the end of the current model's production life cycle."   Honda makes its popular…

The U.S. said Sunday it expects that China will retaliate with increased tariffs on U.S. exports after President Donald Trump sharply boosted levies on Chinese products headed to the United States. Chief White House economic adviser Larry Kudlow told "Fox News Sunday" that "both sides…

President Donald Trump's combative approach to trade has been one of the constants among his often-shifting political views. And he's showing no signs of backing off now, even as the stakes intensify with the threat of a full-blown trade war between the world's two biggest…

President Donald Trump let loose with a morning round of tweets Friday that downplayed the possible consequences of his trade war with China.        Trump minimized the worth of China's purchases of U.S. goods and services, which support nearly 1 million jobs in the U.S.;…

With a ring of the opening bell, Uber began picking up passengers as a newly minted public company Friday and investors waited to bet on a service with huge potential, but a long way from turning a profit. Shares in the ride-hailing giant were sold…

U.S. President Donald Trump sent a series of tweets Friday on the escalating trade war with China, as the U.S. increased tariffs from 10% to 25% on $200 billion worth of Chinese imports that China vows to retaliate to. "We have lost 500 Billion Dollars…

The International Chamber of Commerce, the world’s largest business organization, has become the latest group to criticize a proposed change to Hong Kong law that would allow for criminal extradition to mainland China.  In a scathing letter issued to legislators Wednesday, the ICC questioned why…

A strike by Uber and Lyft drivers in cities across the United States this week caused barely a ripple to passengers looking to catch a ride, highlighting the challenges in launching a labor movement from scratch in an industry that is by nature decentralized. Activists…

U.S. and Chinese trade negotiators have ended the first of two days of talks aimed at saving a trade deal even as President Donald Trump said “We’re starting that paperwork today” for imposing new “very heavy tariffs” on Chinese products.” The United States is set…

Orlando, Florida, had 75 million visitors last year as the theme park mecca continued to be the most visited destination in the United States Orlando had 75 million visitors last year as the theme park mecca continued to be the most visited destination in the…

President Donald Trump said Wednesday U.S. automaker General Motors will invest $700 million in Ohio and create 450 jobs, selling one of its shuttered plants to a company that will produce electric trucks. "GREAT NEWS FOR OHIO!" Trump tweeted. Trump said he had talked to…

In the U.S., there's an old saying that there are only two things that are certain in life: death and taxes. But as it turns out, death is way more certain than taxes in the United States. Corporations and some wealthy individuals, including President Donald…

If a rising tide lifts all boats, then Vietnam may find that there is a related saying in economics: when the tide goes out, you will see who was swimming naked. The Southeast Asian country has fared fairly well amid the trade frictions around the…

Drivers for ride-hailing giants Uber and Lyft are turning off their apps to protest what they say are declining wages at a time when both companies are raking in billions of dollars from investors. Organizers are planning demonstrations in 10 U.S. cities Wednesday, including Chicago,…

Instead of managing livestock with her family on her Floyd, Iowa, farm, Pam Johnson would rather see tractors in her fields. “I look outside at the weather and how we should be planting right now to have optimum yields this year, and we’re kind of…

U.S. stocks slid Tuesday as escalating trade tensions between the United States and China triggered global growth fears and drove investors away from riskier assets. The Dow Jones Industrial Average posted its second-biggest daily percentage drop of the year, while the S&P 500 and Nasdaq…

German sports car maker and Volkswagen subsidiary Porsche will pay a 535-million-euro ($598 million) fine over diesel vehicles that emitted more harmful pollutants than allowed, Stuttgart prosecutors said Tuesday. "The Stuttgart prosecutor's office has levied a 535-million-euro fine against Porsche AG for negligence in quality…

U.S. Commerce Secretary Wilbur Ross said on Tuesday that American technologies and expertise could play an important role in developing India's economy, but were facing significant barriers to accessing its markets. Ross told a gathering of business leaders in New Delhi that foreign companies were…

China has confirmed that its top trade negotiator will travel to the United States to conduct a new round of trade talks later this week, even after U.S. President Donald Trump threatened higher tariffs on billions of dollars of Chinese goods after he complained the…