Category: Economy News

Turkey’s descent into authoritarianism and crisis has destroyed whatever hopes remained that the country’s president might serve as a force for moderation. Source link

Volkswagen Chief Executive Herbert Diess was told about the existence of cheating software in cars two months before regulators blew the whistle on a multi-billion exhaust emissions scandal, German magazine Der Spiegel said. Source link

Chinese automaker Geely has agreed to extend its existing partnership with Proton Holdings Berhad to upgrade the Malaysia carmaker’s line-up of cars and power Proton go beyond Malaysia, part of an ongoing effort to help Proton establish a presence in China and other international markets. Source link

Summer interview special: Lisa Nandy Source link

Tesla’s stock tumbled 10 percent Friday, generating more than $1 billion in profits for investors betting on a fall in the electric-car maker’s shares. Source link

The U.S. government is trying to force Facebook Inc to break the encryption in its popular Messenger app so law enforcement may listen to a suspect’s voice conversations in a criminal probe, three people briefed on the case said, resurrecting the issue of whether companies can be compelled to alter their products to enable surveillance. Source link

Republicans say the economy will help them in November. Democrats say it won’t. New data says the full story is more complicated. Source link

In a region where farm troubles can ripple through the economy, even backers of President Trump are wary of the damage a tariff battle could cause. Source link

Net positioning in futures market in negative territory for first time since end of 2001 Source link

The Chicago Teachers’ Pension Fund’s board of trustees voted on Friday to phase out investments in companies that run private prisons or immigrant detention centers, saying the businesses have an… Source link