News  /  Biz  / 


DJIA 20789.44 +13.84
Nasdaq 5832.29 -28.34
S&P 500 2360.50 -2.32

Most Recent

Glencore upbeat on outlook as commodity prices revive

The Associated Press  |  Posted   Feb 23rd - 8:30am

The chief executive of Glencore says the Swiss mining and metals company is better positioned than ever after core profits rose 48 percent last year amid recovering commodity prices and cost cutting policies.

The Latest: Activist says camp shutdown not end of the fight

The Associated Press  |  Posted   Feb 23rd - 8:27am

The Latest on the closing of a protest encampment near the Dakota Access pipeline construction site in North Dakota (all times local):


Governor: Dakota Access protesters can leave without arrest

Blake Nicholson and James MacPherson, Associated Press  |  Posted   Feb 23rd - 8:16am

A few dozen people still occupying a sprawling encampment on federal land to protest construction of the Dakota Access oil pipeline will have another chance to leave peacefully Thursday, North Dakota's governor said, after public officials pleaded with the self-named "water protectors" to leave so the site can be cleared.

Surfer 'paradise' in Puerto Rico at stake in hotel fight

Danica Coto, Associated Press  |  Posted   Feb 23rd - 8:15am

The sun had just risen along Puerto Rico's northwest coast when Paul Schmidt hopped off his surfboard and emerged from the water at Wilderness Beach, ending another session at a remote area that draws surfers from around the world looking for the next big wave.

INFLUENCE GAME: GM bill is self-driving and self-interested

Joan Lowy, Associated Press  |  Posted   Feb 23rd - 8:15am

With states seizing the initiative on shaping the future of self-driving cars, General Motors is trying to persuade legislators across the country to approve rules that would benefit the automaker while potentially keeping its competitors off the road.

France's PSA wants to be 'European car champion' with Opel

Angela Charlton, Associated Press  |  Posted   Feb 23rd - 8:03am

The chairman of French carmaker PSA Group wants to create a "European car champion" with the potential purchase of General Motors' European car business, and pledged to work with governments and unions worried over job cuts.

Philly mayor: $5.7M beverage tax haul doubles projections

The Associated Press  |  Posted   Feb 23rd - 8:00am

Philadelphia Mayor Jim Kenney says the city's sweetened-beverage tax raised $5.7 million in January, more than double what city officials had projected.

Court sends ex-IMF chief to prison in credit card scandal

The Associated Press  |  Posted   Feb 23rd - 7:50am

Spain's National Court has sentenced Rodrigo Rato, a former head of the International Monetary Fund, to 4 ½ years in prison for misusing a Spanish bank's corporate credit card.

Ghosn steps aside as Nissan CEO, to focus on larger alliance

Yuri Kageyama, Associated Press  |  Posted   Feb 23rd - 7:43am

Carlos Ghosn, who leads the Nissan-Renault-Mitsubishi alliance, is handing over the helm at Nissan to Hiroto Saikawa, a veteran Japanese executive at Nissan, but Ghosn is staying on as chairman.

Markets Right Now: Stocks open higher on Wall Street

The Associated Press  |  Posted   Feb 23rd - 7:43am

The latest on developments in financial markets (All times local):

Aid group: 13 migrants suffocate in Libya shipping container

Maggie Michael, Associated Press  |  Posted   Feb 23rd - 7:06am

Thirteen African migrants suffocated inside a shipping container while being transported over four days between two Libyan towns, a Red Crescent official said Thursday.

Weekly claims for US unemployment benefits rise to 244,000 but still at low level

The Associated Press  |  Posted   Feb 23rd - 6:35am

Weekly claims for US unemployment benefits rise to 244,000 but still at low level.

Husband of Spain's princess avoids jail while awaits appeal

Aritz Parra, Associated Press  |  Posted   Feb 23rd - 6:20am

The brother-in-law of Spain's King Felipe will avoid imprisonment but must show up in court in Switzerland, where he lives, once per month while he waits for the Supreme Court to rule on an appeal to a fraud and tax evasion guilty verdict, a court ruled Thursday.

Australia's highest-paid public servant quits $4.3M job

Rod McGuirk, Associated Press  |  Posted   Feb 23rd - 6:04am

Australia's highest-paid public servant announced his resignation Thursday, two weeks after the revelation that he made 5.6 million Australian dollars ($4.3 million) last year sparked a public furor and created a political headache for the government.

Global stocks steady as Fed minutes fail to sway investors

The Associated Press  |  Posted   Feb 23rd - 5:44am

Global stock markets were trading in narrow ranges Thursday after the minutes to the last policymaking meeting of the Federal Reserve failed to provide much of a steer as to the timing of the U.S. central bank's next interest rate increase.

US musician makes mics in Russia using Kalashnikov machinery

Natalia Suvorova, Associated Press  |  Posted   Feb 23rd - 5:44am

Claims of hacking by the Russian state may be feeding international tensions, but they've given Californian musician David Brown a great icebreaker when selling his line of Russian-made microphones.

Barclays bank ahead of schedule in recovery plan

Danica Kirka, Associated Press  |  Posted   Feb 23rd - 5:23am

Banking group Barclays said Thursday it will complete its restructuring plan six months early as it sheds risky assets and focuses on consumer, corporate and investment banking in New York and London.

Low-cost Norwegian Air promises bargain flights to Europe

The Associated Press  |  Posted   Feb 23rd - 5:00am

Low-cost carrier Norwegian Air Shuttle is promising cheap trans-Atlantic flights when it starts service to Europe this summer from Rhode Island, Connecticut and New York's Hudson Valley.

Penn State graduate assistants petition for union

The Associated Press  |  Posted   Feb 23rd - 4:10am

Penn State graduate student assistants are seeking union representation.

After protest, China says will address army veterans' issues

Christopher Bodeen, Associated Press  |  Posted   Feb 23rd - 3:32am

China's defense ministry said Thursday it expects economic growth and a strengthened social security system to solve problems faced by former soldiers, following reports of new street protests by disgruntled veterans who say they've been denied their promised retirement benefits.