News  /  Biz  / 


DJIA 20550.98 -45.74
Nasdaq 5840.37 +11.64
S&P 500 2341.59 -2.39

Most Recent

White House eyeing $18 billion list of social program cuts

Andrew Taylor, Associated Press  |  Posted   Mar 28th - 5:23am

The White House is following up its longshot roster of budget cuts with a wish list of $18 billion worth of immediate reductions, including cuts to medical research, infrastructure, and community development grants.

South African finance minister pulled from overseas tour

Stuart Graham, Associated Press  |  Posted   Mar 28th - 5:21am

South Africa's finance minister returned to Johannesburg on Tuesday after being abruptly ordered to pull out of a trade promotion trip to Britain and the United States, fueling investor fears that he is about to be fired by President Jacob Zuma.

Indiana board set to endorse $7M Carrier deal Trump brokered

The Associated Press  |  Posted   Mar 28th - 5:10am

An Indiana board is poised to endorse a deal directing $7 million in tax breaks and grants for a deal brokered by President Donald Trump to keep hundreds of jobs at the Carrier Corp. factory in Indianapolis.

S. Korea's Park to attend court session on possible arrest

Kim Tong-Hyung, Associated Press  |  Posted   Mar 28th - 5:02am

Ousted South Korean President Park Geun-hye has decided to attend a questioning session by a Seoul court before it determines whether she should be arrested over explosive corruption allegations, prosecutors said Tuesday.

Australia shelves planned extradition treaty with China

Rod McGuirk, Associated Press  |  Posted   Mar 28th - 4:51am

The Australian government on Tuesday shelved a planned extradition treaty with China rather than allow the Senate to reject it over human rights concerns.

Spain PM pledges $4.57 billion investment in Catalonia

The Associated Press  |  Posted   Mar 28th - 4:51am

Spanish Prime Minister Mariano Rajoy has promised to invest 4.2 billion euros ($4.57 billion) in northwestern Catalonia whose regional government is pushing for independence from Spain mainly because of economic grievances.

North Korean airline starts new route to China

The Associated Press  |  Posted   Mar 28th - 4:32am

North Korea's national airline has started a new flight service to Dandong in China, bringing the total of its regularly scheduled international destinations to five.

Amazon buys Mideast's after $800M counteroffer

Jon Gambrell, Associated Press  |  Posted   Mar 28th - 4:22am

Amazon purchased the Middle East's biggest online retailer on Tuesday for an undisclosed amount, a day after a state-backed firm disclosed an $800 million counteroffer.

China dairy firm says it can't contact exec after stock dive

Kelvin Chan, Associated Press  |  Posted   Mar 28th - 4:19am

A Chinese dairy company whose stock plunged last week, wiping billions off its market value, denied rumors Tuesday of forged invoices and misappropriated funds, but also said it can't contact a key executive.

Uber pulls out of Denmark citing toughening cab standards

The Associated Press  |  Posted   Mar 28th - 4:00am

The Danish branch of the ride-sharing service Uber is shutting down its activities in Denmark over a law proposal that toughens standards for cabs.

Waze gets into the order-ahead business with Dunkin' Donuts

Michael Liedtke, Associated Press  |  Posted   Mar 28th - 3:41am

Waze's traffic navigation app already shows ads prodding drivers to swing by fast-food joints like Dunkin' Donuts and Taco Bell. Now it's adding a new item to its menu — the ability to place orders at some shops.

Box Office Top 20: 'Beauty' adds $90.4 million in weekend 2

The Associated Press  |  Posted   Mar 28th - 3:11am

Disney's live-action "Beauty and the Beast" performed even better than expected in its second weekend in theaters, adding $90.4 million to its North American grosses, which now tally at $319 million.

UK authorities fine Tesco in accounting scandal

The Associated Press  |  Posted   Mar 28th - 3:10am

Britain's biggest supermarket chain, Tesco, has agreed to pay 214 million pounds ($269 million) in fines and shareholder compensation following an accounting scandal that inflated its profits in 2014.

Global markets mostly higher after Wall Street sinks

Joe McDonald, Associated Press  |  Posted   Mar 28th - 2:31am

Global stock markets rose Tuesday after Wall Street sank on worries that the Trump administration might not do as much for businesses as once thought.

Lawmakers back measures to protect Israel by punishing Iran

Richard Lardner, Associated Press  |  Posted   Mar 28th - 2:21am

Aiming to prove their commitment to Israel, senior U.S. lawmakers are backing bipartisan legislation that would slap Iran with new sanctions while maintaining rigorous enforcement of the landmark nuclear deal.

Qatar to invest 5 billion pounds in Britain over 3-5 years

The Associated Press  |  Posted   Mar 28th - 2:10am

The energy-rich nation of Qatar says it plans to invest 5 billion pounds in the British economy within the next half decade.

Self-driving car crash comes amid debate about regulations

Bob Christie and Josh Hoffner, Associated Press  |  Posted   Mar 28th - 2:03am

A crash that caused an Uber self-driving SUV to flip onto its side in a Phoenix suburb serves as a stark reminder of the challenges surrounding autonomous vehicles in Arizona, a state that has gone all-in to entice the company by promising minimal government regulation.

Tax overhaul effort lacks advantages Reagan enjoyed in 1986

Andrew Taylor, Associated Press  |  Posted   Mar 28th - 2:02am

The fundamentals of tax overhaul were strong some 30 years ago.

Visit to WH grounds by intel chairman clouds investigation

Eileen Sullivan, Associated Press  |  Posted   Mar 28th - 1:44am

House intelligence chairman Devin Nunes acknowledges he went to the White House grounds to review intelligence reports and meet the secret source behind his claim that communications involving associates of President Donald Trump were caught up in "incidental" surveillance.

American Airlines buys stake in China Southern Airlines

Joe McDonald, Associated Press  |  Posted   Mar 28th - 12:40am

American Airlines has agreed to pay $200 million for a stake in China Southern Airlines, the biggest of China's three major state-owned carriers, in a bid for a bigger share of the country's growing travel market.