Jim Zarroli
Stories
-
Business
Deutsche Bank Offices In Frankfurt Raided By German Police
German authorities raided the offices of Deutsche Bank in Frankfurt on Thursday morning. Police and federal prosecutors were apparently looking for evidence of money laundering.
-
National
GM To Trim North American Workforce
The auto maker General Motors says it is cutting 15 percent of its white-collar workforce. GM may also close as many as five plants in North America.
-
Business
Tech Industry Stocks Are Fueling A Drop In The Markets
U.S. stocks tumbled on Tuesday, thanks to a technology industry selloff that crossed into other sectors. The stock market has been quite volatile over the past month.
-
Business
Arrest Of Nissan Chairman Threatens Future Of Alliance With Mitsubishi And Renault
Nissan Chairman Carlos Ghosn was arrested in Japan on Monday, reportedly on charges he misreported his own income.
-
Business
Stocks Start The Week With A Plunge, Dragged Down By Tech Shares
The Dow fell more than 600 points, or 2.3 percent, Monday. Investors are said to be worried about signs that the global economy may be slowing, even though the U.S. economy is faring well.
-
Politics
In Some Congressional Districts, The Tax Cut is Actually Hurting Republican Campaigns
In New Jersey's 11th Congressional District, the Republican isn't running on the tax bill despite the strong economy. But the Democrat is making it an issue, because the GOP tax bill limits deductions for property taxes.
-
Business
Chinese Yuan Continues To Tumble In Value Against U.S. Dollar
This makes Chinese goods imported to the U.S. cheaper and offsets the impact of President Trump's tariffs. At the same time, the stronger dollar makes it harder for U.S. companies to export to China.