Industrials

WeWork shows plan for Lord & Taylor building as tech space

The WeWork office space-sharing firm moving into the Lord & Taylor flagship building on Fifth Avenue in Manhattan unveiled some grand plans Tuesday for the landmark Italian Renaissance Revival edifice occupied for more than a century by the famed retailer.

African leaders meet in Germany at development summit

Chancellor Angela Merkel is meeting with the heads of 11 African nations, international organizations and corporate leaders to promote a program launched under the German Group of 20 presidency last year designed to encourage private investment in Africa.

GE slashes dividend, takes $22 billion charge in 3Q

General Electric Co. is slashing its dividend from 12 cents, to a penny, and taking a $22 billion impairment charge for its power division, which is a crucial segment of its operations going forward.

Previous flight of crashed Lion Air jet terrified passengers

Search and rescue personnel worked through the night to find victims of the Lion Air plane crash in Indonesia, sending 24 body bags to identification experts as the airline flew dozens of grieving relatives to the country's capital.

End of austerity? Britain's poor to see little improvement

Much of Britain will continue to feel the effects of eight years of spending cuts, even after the government's Treasury chief heralded the end of austerity by splashing out billions of pounds for health, transportation and small business in his latest budget.

Liz Weston: How to score luxury travel for less

Let's shatter one myth right now: Airline passengers typically can't talk their way into upgrades from the cheapest coach seats to first class just by dressing up and asking politely.

Duterte puts Customs under military control, citing drugs

The Philippine president has put the corruption-plagued Bureau of Customs temporarily under military control amid a scandal after two huge shipments of illegal drugs reportedly slipped past through the port of Manila.