Posts Tagged China

Contrarian’s case: Why US could dip into recession

In this July 9, 2014 photo, economist David Levy poses for picture in his office in Mt. Kisco, N.Y. Levy, who oversees the Levy Forecast, a newsletter analyzing the economy that his family started in 1949, says the United States is likely to fall into a recession next year triggered by downturns in other countries, the first time in modern history. (AP Photo/Seth Wenig)

NEW YORK (AP) — Just as the U.S. economy is strengthening, other countries are threatening to drag it down.

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Double disasters taint Malaysia Airlines

An electronic board displaying "Pray for MH17" at the departure hall at Kuala Lumpur International Airport in Sepang, Malaysia, Friday, July 18, 2014. Malaysia Airlines has increased the death toll from Flight 17 that was shot down over war-torn eastern Ukraine on Thursday to 298 from 295, saying that three infants had not been included in the original list. (AP Photo/Joshua Paul)

HONG KONG (AP) — Hit by two astonishing tragedies in quick succession, the Malaysia Airlines brand may become the airline industry’s equivalent of asbestos or News of the World: toxic to the public and, experts say, impossible to redeem.

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