Money

China's economy grew 6.9% in the first quarter

Chinese firm brings jobs to the U.S. The Chinese economy picked up steam in the first quarter. Gross domestic product grew 6.9% from a year earlier, the country’s National Bureau of Statistics said Monday. That’s slightly higher than the 6.8% figure recorded in the fourth quarter of last year — and above what some economists had been predicting. The Chinese government said last month that it’s targeting growth of “around 6.5% or higher if possible” in 2017. The economy grew 6.7% last year. China’s ruling Communist party has been prioritizing ...

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Dan Rather to Trump: Dropping bombs does not make you presidential

Dan Rather’s concern about airstrike coverage Former CBS anchor Dan Rather says it’s too soon to be praising President Trump for acting “presidential.” Rather said Sunday on CNN’s “Reliable Sources” that Trump is receiving unwarranted applause for his recent military actions, such as authorizing missile strikes in Syria and dropping a powerful bomb on an ISIS camp in Afghanistan. He has in recent days criticized members of the press he says “lauded” Trump’s actions. “Dropping bombs, having missile strikes, doesn’t make one presidential,” Rather said. Instead, Rather said Trump should ...

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'Fate of the Furious' races to biggest global box office opening ever

The Formula of the Furious “The Fate of the Furious” crossed the finish line on Sunday as the biggest global opening in movie history. The eighth film in the popular “Fast and Furious” franchise raced to an estimated $ 532.5 million box office opening around the world this weekend, according to its studio Universal Pictures. That total beats the global record held by Disney(DIS)‘s “Star Wars: The Force Awakens,” which made $ 529 million worldwide its opening weekend in 2015. There’s one caveat: “Force Awakens” didn’t have the benefit of ...

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Tax day; United Airlines earnings; Samsung Galaxy S8 released

The best tax advice for every stage of your career 1. Tax day is coming: Ready or not, Tuesday is your last chance to file 2016 tax returns with the IRS. April 18 is also the last day to request an extension. As of Thursday, the IRS said 40 million Americans had yet to file. The agency expects to issue an average refund of $ 2,851. The deadline comes on the heels of a nationwide protest Saturday demanding that President Trump release his tax returns. Trump has refused to publicize ...

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Protesters around country call for Trump to release tax returns

Rep. Waters leads impeach Trump chant Protesters in cities across the country came out Saturday to call on President Trump to release his tax returns. Demonstrators came out in large numbers in about 200 other cities, including a few outside the U.S., according to organizers. Images of tax protesters in cities including Washington, Philadelphia, Chicago, Denver, Los Angeles and New York flooded social media. Trump has said that Americans “don’t care at all” about his tax returns, but polls show 74% of Americans say he should release them. Many lawmakers, ...

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'Fate of the Furious' on track for biggest global opening ever

The Formula of the Furious What’s the fate of the “Furious”? Possibly the biggest global opening in movie history. “The Fate of the Furious,” the eighth installment of the popular “Fast and Furious” series, opens in the U.S. and 63 international markets, including China, the U.K. and Mexico, this weekend. It’s on track to gross more than $ 530 million worldwide, according to the film’s studio, Universal Pictures. That would break the global box office record held by Disney’s(DIS) “Star Wars: The Force Awakens,” which brought in $ 529 million ...

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United Airlines issues a new policy requiring crews to be booked sooner

The entire United passenger fiasco United Airlines just made another policy change aimed at preventing a fiasco like the one it endured this week. The company said late Friday that it will now require commuting staff and crew members to check into flights 60 minutes prior to departure. The policy change comes in the wake of a highly publicized incident on April 9 in which a paying customer who had already boarded was violently dragged off the aircraft by law enforcement officers. United later said a seat was needed for ...

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Trump pulls his punches on China and Germany

Watch Trump’s stunning U-turns on key issues The Trump administration stopped short of branding China and Germany currency manipulators, despite having accused both countries of keeping their currencies artificially low to gain unfair advantage in trade with the U.S. On Friday, the Treasury Department issued its first report on the currency practices of America’s trading partners. The twice-a-year document is required by law. Trump’s Treasury took the same route as the Obama administration did last year, putting Germany and China on watch for potential problems. All told, it put six ...

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How companies screw up during a PR crisis

The entire United passenger fiasco United Airlines may be the most hated company in the world right now. The airline botched its response to a United passenger who was dragged, bloodied and screaming, off the aircraft after he refused to give up his seat to commuting crew members. CEO Oscar Munoz had to apologize three times in the days that followed. But it’s not just United. A number of companies have taken a public beating this past year. Samsung was turned into an internet meme after it issued a global ...

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Delta will pay you up to $10,000 to give up your seat

Delta customers can now be offered nearly $ 10,000 for giving up their seats on overbooked flights. A company spokesperson confirmed to CNNMoney that supervisors were previously only able to offer up to $ 1,350, but Delta(DAL) notified them on Friday that they’ll now be able to offer up to $ 9,950 in compensation. Gate agents are also now authorized to offer more as well: $ 2,000 — up from $ 800. Related: United says Flight 3411 wasn’t overbooked. It just had no open seats left It’s no surprise airlines ...

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