Day: March 28, 2018

Tess Torelli March 28, 2018

The City of Atlanta’s 8,000 employees got the word on Tuesday that they had been waiting for: It was O.K. to turn their computers on. But as the city government’s desktops, hard drives and printers flickered back to life for the first time in five days, residents still could not pay their traffic tickets or […]

Tess Torelli March 28, 2018

The oil market’s rally toward 2018 highs broke down on Wednesday as U.S. crude stockpiles jumped, geopolitical tensions faded into the background and a firmer dollar put pressure on the commodity. Futures extended early losses after the U.S. Energy Information Administration reported the nation’s stockpile of crude oil jumped by 1.6 million barrels in the […]

Tess Torelli March 28, 2018

SeongJoon Cho | Bloomberg | Getty Images People walk past a television screen showing a news broadcast, featuring North Korean Leader Kim Jong Un during a meeting with with China’s president Xi Jinping, at Seoul Station in Seoul, South Korea, on Wednesday, March 28, 2018. The Trump administration has been thrown another curveball ahead of […]

Tess Torelli March 28, 2018

“What’s really boosting earnings this late in the cycle is the new tax law. So what are we going to do for an encore?” said Mitchell Goldberg, president of ClientFirst Strategy. “Even if we have the same really strong earnings and revenues in 2019 as in 2018, it doesn’t mean growth, and growth ultimately is […]

Tess Torelli March 28, 2018

American Airlines is adding flights from Florida to Venezuela at the end of the year, an addition that contrasts with moves made by several international airlines that have halted or reduced service due to economic and political turmoil in the country. The world’s largest airline will offer thrice-weekly service starting Dec. 19 from Miami to […]

Tess Torelli March 28, 2018

Three users of the Facebook Messenger app sued Facebook on Tuesday, saying the social network violated their privacy by collecting logs of their phone calls and text messages, in the latest legal challenge facing the company. The U.S. lawsuit filed in federal court in the Northern District of California seeks status as a class action […]

Tess Torelli March 28, 2018

The latest ripe opportunity for Democrats is in Pennsylvania’s Sixth District. Over the weekend, Rep. Ryan Costello (R-PA) announced that he would not run for reelection this year. The announcement was both shocking, and not. Costello, at 41, is relatively young and moderate, with two comfortable wins in 2014 and 2016, the kind of Republican […]