Honda Motor Co. plans to close its car factory in western England in 2021, the company said Tuesday, in a fresh blow to the British economy as it faces its…
Want up-to-the-
minute news?
Sign up for HAMODIA'S
Breaking News Emails*
Business
Honda to Shut Plant in Britain, Imperiling 3,500 Jobs
Asian Shares Gain on Hopes for Progress on China-U.S. Trade
Share benchmarks were mostly higher in Asia on Tuesday as Chinese and U.S. negotiators geared up for trade talks in Washington this week. U.S. markets were closed Monday for President’s…
Business Briefs – February 18, 2019
China Accuses U.S. of Trying to Block Its Tech Development BEIJING (AP) – China’s government on Monday accused the United States of trying to block the country’s industrial development by…
World Stocks Mostly Rise Ahead Of More China-U.S. Trade Talks
World stocks mostly rose on Monday ahead of more trade talks between Chinese and American officials in Washington this week. After Asian markets closed with strong gains, European indexes were…
AUTO REVIEW: Even Loyal Forester Huggers Will Squint to Spot Changes in the 2019
2019 Subaru Forester Sport: A little more space … Price: The Sport model starts at $28,795. A base starts at $24,295. Conventional wisdom: Car and Driver says, “This little SUV…
World Stocks Mostly Rise Ahead of More China-U.S. Trade Talks
World stocks mostly rose on Monday ahead of more trade talks between Chinese and American officials in Washington this week. After Asian markets closed with strong gains, European indexes were…
Asian Stocks Rally on Hope of Further China-U.S. Trade Talks
Asian markets were broadly higher on Monday as traders looked forward to the continuation of trade talks between Chinese and American officials in Washington this week. South Korea’s Kospi jumped…
Business Briefs – February 17, 2019
Payless ShoeSource to Shutter All of Its Remaining U.S. Stores NEW YORK (AP) – Payless ShoeSource is shuttering all of its 2,100 remaining stores in the U.S. and Puerto Rico,…
NEW HAMODIA COLUMN! Ask ‘Just Not Fare’
Question: I bought airline tickets from El-Al for a direct flight to Israel and the airline bumped me. Am I entitled to compensation? Shlomie from Brooklyn Shlomie, thank you for…
AUTO REVIEW: Nissan’s Armada Big Sport Utility Has Room for 8 People, Starts at $46,790
The Nissan Armada full-size sport utility, now in its second generation, returns for 2019 with a few updates, including new standard safety technology. Now included on all trim levels are…
Trade-Talk Optimism Pushes Stocks Higher in Midday Trading
Plans by the U.S. and China to extend key trade talks drove stocks broadly higher in midday trading Friday. The gains mark a turnaround after the market ended lower Thursday…
Asian Stocks Retreat as Lackluster China, U.S. Data Weigh
Asian stocks fell on Friday, retreating from four-month highs after data out of China raised concerns over deflationary pressures building in the world’s second biggest economy. The bearish impulse appeared…
Business Briefs – February 14, 2019
Average Tax Refunds Fall, Creating Political Flashpoint WASHINGTON (AP) – The average tax refund and the total amount of refunds issued are down for a second week. That has the…
Mixed Finish for U.S. Stock Indexes Over Weak Retail Sales
U.S. stock indexes clawed most of the way back from an early slide Thursday to finish mostly lower, ending a four-day winning streak for the benchmark S&P 500 index. Losses…
Report Finds Problems With Student Loan Servicing, Oversight
The nine companies and organizations tasked with servicing the accounts of the nation’s 30 million student loan borrowers repeatedly failed to do their jobs properly over a period of years…
Unemployment Claims Rise by 4,000 to 239,000
The number of Americans applying for unemployment benefits rose last week but remains at levels low enough to show that most workers enjoy job security. The Labor Department says claims…
Airbus Abandons Iconic A380 Superjumbo
European plane maker Airbus said Thursday it will stop making its superjumbo A380 in 2021 for lack of customers, abandoning the world’s biggest passenger jet and one of the aviation…
Shares, Oil at Three-Month Highs
Optimism about U.S.-China trade talks and bumper earnings lifted European shares to a three-month high on Thursday, though news that Germany only dodged recession by the narrowest of margins left…
Business Briefs – February 14, 2019
Head of FEMA Resigning, Questioned Over Use of Vehicles WASHINGTON (AP) – The head of the federal disaster response agency is resigning, months after an investigation found he misused government…
Optimism Over U.S.-China Trade Talks Boosts Stocks Again
Stocks finished broadly higher Wednesday as investors remained optimistic that the U.S. and China will make more progress in resolving their costly trade dispute. Energy companies, retailers and industrial stocks…