Tag Archives: woes

UPDATE 2-China's factory activity shrinks for 4th month as trade woes deepen

UPDATE 2-China's factory activity shrinks for 4th month as trade woes deepenFactory activity in China shrank in August for the fourth month in a row as the United States ramped up trade pressure and domestic demand remained sluggish, pointing to a further slowdown in the world’s second-largest economy. Persistent weakness in China’s vast manufacturing sector could fuel expectations that Beijing needs to roll out stimulus more quickly, and more aggressively, to weather the biggest downturn in decades. The Purchasing Managers’ Index (PMI) fell to 49.5 in August, China’s National Bureau of Statistics said on Saturday, versus 49.7 in July, below the 50-point mark that separates growth from contraction on a monthly basis.



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Pilot: Cruise ship woes off Norway started with engine snags

Pilot: Cruise ship woes off Norway started with engine snagsCOPENHAGEN, Denmark (AP) — The Norwegian pilot on the cruise ship carrying more than 1,300 people that was caught in a hefty storm off the coast of Norway said Tuesday the situation worsened when engine problems appeared.



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Explainer: Why Trump's legal woes go beyond the Mueller report

Explainer: Why Trump's legal woes go beyond the Mueller reportOther ongoing investigations and litigation are focusing on issues including his businesses and financial dealings, personal conduct, charitable foundation and inaugural committee. The special counsel on Friday submitted his confidential report on the investigation to U.S. Attorney General William Barr, who must decide on how much of it to make public. The U.S. Justice Department has a decades-old policy that a sitting president cannot face criminal charges, so such a case against Trump would be unlikely while he is in office even if there were evidence of wrongdoing.



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Explainer: Why Trump's legal woes go beyond the Mueller report

Explainer: Why Trump's legal woes go beyond the Mueller reportThe closure of Special Counsel Robert Mueller’s investigation into Russia’s role in the 2016 U.S. election does not mark the end of legal worries for President Donald Trump and people close to him. Other ongoing investigations and litigation are focusing on issues including his businesses and financial dealings, personal conduct, charitable foundation and inaugural committee. The special counsel on Friday submitted his confidential report on the investigation to U.S. Attorney General William Barr, who must decide on how much of it to make public.



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Southwest Airlines cancels nearly 400 flights as maintenance woes, winter storms linger

Southwest Airlines cancels nearly 400 flights as maintenance woes, winter storms lingerThe airline continues to have a higher-than-usual number of aircraft out of service due to maintenance and is dealing with snow in Las Vegas.



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The Latest: Trump weighs in on Virginia Democrats' woes

The Latest: Trump weighs in on Virginia Democrats' woesRICHMOND, Va. (AP) — The Latest on the political turmoil in Virginia amid admissions of blackface and accusations of sexual assault (all times local):



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Trump downplays Apple woes, says China economy helps U.S. in trade talks

Trump downplays Apple woes, says China economy helps U.S. in trade talksTrump has slapped import tariffs on hundreds of billions of dollars of Chinese goods as he seeks concessions from Beijing on issues ranging from industrial subsidies to hacking. China has retaliated. U.S. officials are heading to Beijing next week for the first face-to-face talks since Trump and President Xi Jinping in December agreed to a 90-day truce in the trade war as they sought to strike a deal.



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Holiday air travel woes: Cancellations, delays continue in Dallas

Holiday air travel woes: Cancellations, delays continue in DallasMore than 100 flights have been canceled to and from Dallas/Fort Worth International Airport.



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Macron Magic Endures for Foreign Businesses Despite Domestic Woes

Macron Magic Endures for Foreign Businesses Despite Domestic WoesFor 74 percent of heads of foreign companies in France, the country is an attractive place for business, according to an annual poll of 200 executives by Ipsos. “A year and a half after the election of Emmanuel Macron, the image of France and its attractiveness remains very high and is even increasing,” Ipsos said.



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GE shares at 9-year low amid latest power woes

GE shares at 9-year low amid latest power woesShares of General Electric fell again on Tuesday, adding to losses following the company’s latest woes in its slumping power division. The industrial conglomerate, which was bumped from the prestigious Dow index in June, fell 2.5 percent in late-morning trading to $ 11.45.



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