Economy

Economy

Finland tops global happiness index for 2nd straight year

HELSINKI (AP) — Finland has topped an index of the happiest nations for the second consecutive year, with researchers saying the small Nordic country of 5.5 million has succeeded in generating a happiness recipe for a balanced life not simply dependent on economic and material wealth.

Disney closes deal for Fox entertainment assets

Disney has closed its $71 billion acquisition of Fox's entertainment business, putting "Cinderella," "The Simpsons," "Star Wars" and "Dr. Strange" under one corporate roof.

EU fines Google $1.7 billion over online ads market

BRUSSELS (AP) — European Union regulators have fined Google 1.49 billion euros ($1.7 billion) for abusing its dominant role in online advertising, the third big antitrust penalty they've given the internet giant since 2017.

Nexstar selling 19 TV stations for $1.32 billion

IRVING, Texas (AP) — Nexstar is selling 19 television stations for $1.32 billion as part of its buyout deal with Tribune Media.

General Mills' quarterly results top forecasts

MINNEAPOLIS (AP) — General Mills Inc. shares rallied in early trading Wednesday after the food company posted better-than-expected results and raised its guidance.

The company reported a fiscal third-quarter profit of $446.8 million, or 74 cents per share. Earnings, adjusted for one-time gains and costs, were 83 cents per share.

British leader asks EU to delay Brexit until June 30

LONDON (AP) — Prime Minister Theresa May formally asked the European Union on Wednesday to postpone Britain's departure from the bloc — due in nine days — until June 30. But an exasperated EU said Britain would have to accept either a shorter delay or a much longer one.

Mexico's president discusses U.S. investment with Kushner

MEXICO CITY (AP) — Mexican President Andres Manuel Lopez Obrador said Wednesday that talks with White House senior adviser Jared Kushner have led to advances toward an agreement that would have the U.S. government guarantee some $10 billion in development investments for Mexico and Central America.

Ford repackages factory investment plan

DETROIT (AP) — Ford Motor Co. is repackaging a previously announced manufacturing investment in the Detroit area and now says it will spend $900 million and create 900 new jobs over the next four years.

White House foresees long economic boom where others don't

Contrary to the views of most economists, the Trump administration expects the U.S. economy to keep booming over the next decade on the strength of further tax cuts, reduced regulation and improvements to the nation's infrastructure.

Ford shifting 550 jobs to boost SUV production in Kentucky

Ford Motor Co. said Tuesday it will shift 550 jobs to its Kentucky Truck Plant to boost production of its Expedition and Lincoln Navigator vehicles to meet growing demand for its large SUVs

.Growing sales for the Expedition and Navigator are driving a 20 percent production boost at the Louisville plant, the automaker said.

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