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Beijing to spend $2.7 billion on cleaning capital's air

The Associated Press  |  Posted  Jan 19th - 4:32am

Beijing will spend $2.7 billion to fight air pollution in the capital this year, state media reported Thursday.

Cyprus' largest bank starts trading on London Stock Exchange

The Associated Press  |  Posted  Jan 19th - 4:31am

Cyprus' largest bank says its shares have started trading on the London Stock Exchange.

Spanish tourist towns post 1st snowfalls in decades

The Associated Press  |  Posted  Jan 19th - 4:31am

Officials have placed more than half of Spain's 50 provinces under alert for heavy snow and sleet storms, with southern tourist towns reporting their first snowfalls in decades.

Ex-VW CEO Winterkorn denies wrongdoing in emissions cheating

Geir Moulson, Associated Press  |  Posted  Jan 19th - 4:20am

Former Volkswagen CEO Martin Winterkorn denied early knowledge of the company's cheating on diesel emissions as he testified Thursday to a German parliamentary inquiry — his first major public appearance since he resigned in 2015.

Q&A: Nation's 1st marijuana club law shrouded in questions

Kristen Wyatt, Associated Press  |  Posted  Jan 19th - 4:10am

Denver has started work on the nation's first law allowing marijuana clubs and use in public places such as coffee shops or art galleries. But the details about what those pot clubs would look like are very much in the air. Here's what we know, and don't know, about the looming pot clubs headed to Denver:

Boost for Dutch ruling coalition as unemployment falls

The Associated Press  |  Posted  Jan 19th - 4:00am

The number of people registered as unemployed in the Netherlands fell by 100,000 last year, the biggest drop in a decade.

Facebook to build its 3rd data center outside US in Denmark

The Associated Press  |  Posted  Jan 19th - 3:40am

Facebook will build a 56,500 square meter (608,161 square foot) data center in central Denmark, its third such center outside the United States.

Russian court rejects Yukos shareholder compensation

The Associated Press  |  Posted  Jan 19th - 2:51am

Russia's Constitutional Court says a European ruling to pay nearly 1.9 billion euros ($2 billion) in compensation to shareholders of the defunct Yukos oil company cannot be enforced.

China defends trade stance after Trump appointee's criticism

The Associated Press  |  Posted  Jan 19th - 2:51am

China's government defended itself Thursday as a supporter of free trade after U.S. President-elect Donald Trump's pick for commerce secretary criticized its tactics.

GOP governors who turned down Medicaid money have hands out

Thomas Beaumont, Associated Press  |  Posted  Jan 19th - 2:23am

Republican governors who turned down billions in federal dollars from an expansion of Medicaid under President Barack Obama's health care law now have their hands out in hopes the GOP Congress comes up with a new formula to provide insurance for low-income Americans.

Global oil production dropping as OPEC cuts kick in

The Associated Press  |  Posted  Jan 19th - 2:20am

The International Energy Agency says global oil output is dropping for the first time in months, as Saudi Arabia and other oil-producing countries follow through on pledged cuts aimed at lifting oil prices.

In Texas, Perry was 'all of the above' on energy production

Matthew Daly, Associated Press  |  Posted  Jan 19th - 2:13am

Rick Perry was for "all of the above" on energy production before President Barack Obama embraced the strategy.

Sales up at newly merged supermarket operator Ahold Delhaize

The Associated Press  |  Posted  Jan 19th - 2:10am

Ahold Delhaize, the recently merged Dutch-Belgian operator of U.S. supermarket chains including Stop & Shop and Giant, says its sales rose sharply to 15.1 billion euros ($16 billion) in the fourth quarter, thanks in part to a strong performance in the Netherlands.

Satellite tracking to keep tabs on airliners over oceans

Joan Lowy, Associated Press  |  Posted  Jan 19th - 2:03am

Nearly three years after a Malaysian airliner vanished, it's still possible, if unlikely, for a plane to disappear. But that's changing with new satellites that will soon allow flights to be tracked in real time over oceans.

World shares mixed, Japan's Nikkei gains on weaker yen

Elaine Kurtenbach, Associated Press  |  Posted  Jan 19th - 2:00am

World stocks were meandering in sluggish trading on Thursday as investors awaited the inauguration of Donald Trump as U.S. president.

Trump's Treasury pick facing criticism over foreclosures

Martin Crutsinger, Associated Press  |  Posted  Jan 19th - 2:00am

Donald Trump's pick to lead the Treasury Department, Stephen Mnuchin, built his reputation and his fortune as a savvy Wall Street investor. But one of those investments has put him in the crosshairs of Democrats as he heads into his confirmation hearing Thursday: sub-prime mortgage lender IndyMac bank.

AP source: Perdue to be tapped for agriculture secretary

Jonathan Lemire and Russ Bynum, Associated Press  |  Posted  Jan 19th - 1:50am

Sonny Perdue, a farmer's son who built businesses in grain trading and trucking before becoming the first Republican governor of Georgia since Reconstruction, is President-elect Donald Trump's choice to lead the Agriculture Department, The Associated Press has learned.

Russian business world hopes for relief from Trump

Angela Charlton, Associated Press  |  Posted  Jan 19th - 12:40am

Few people are more eager for Donald Trump's arrival in the White House than those who do business in Russia.

Appeals court rejects Chicago gun-range restrictions

The Associated Press  |  Posted  Jan 18th - 11:30pm

The U.S. Court of Appeals handed Chicago another defeat in its effort to restrict the operation of gun ranges in the city.

Trump plans for Scottish resort spark new conflicts concern

Bernard Condon and David Koenig, Associated Press  |  Posted  Jan 18th - 10:20pm

Donald Trump has vowed his company will do "no new foreign deals" while he is president. But he's left "new" and "deals" open to interpretation.