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Home Depot cuts outlook citing tariffs, lumber prices

The Associated Press  |  Posted Aug 20th - 4:36am

Home Depot is cutting its sales expectations for the year because of falling lumber prices and the potential damage from tariffs.

Bayer to sell animal health unit to Elanco for $7.6 billion

The Associated Press  |  Posted Aug 20th - 4:05am

Indiana-based Elanco Animal Health says it has agreed to buy the veterinary medicines business of Germany's Bayer AG for $7.6 billion in cash and stock.

Thai tycoon in poaching scandal convicted on firearms charge

Pitcha Dangprasith, Associated Press  |  Posted Aug 20th - 3:08am

A court in Thailand on Tuesday sentenced a construction tycoon to six months in prison for illegal firearms possession in the latest case in a scandal that erupted when he was accused of poaching protected animals in a wildlife sanctuary.

Boris Johnson again demands EU re-open negotiations

The Associated Press  |  Posted Aug 20th - 2:29am

British Prime Minister Boris Johnson has demanded that the European Union reopen Brexit negotiations, scrapping "anti-democratic" provisions for the Irish border that he says would threaten the peace process in Northern Ireland.

What to expect as Italy's political crisis unfolds

Giada Zampano, Associated Press  |  Posted Aug 20th - 2:19am

Italy's Premier Giuseppe Conte will appear in the Senate on Tuesday to deliver a much anticipated address about the political crisis that has erupted in the middle of the summer break.

Huawei expects no relief from US sanctions but is confident

Joe McDonald, Associated Press  |  Posted Aug 20th - 2:07am

The founder of Chinese tech giant Huawei said Tuesday he expects no relief from U.S. export curbs due to the political climate in Washington but expressed confidence the company will thrive because it is developing its own technology.

Huawei founder says he expects no relief from U.S. sanctions but is confident it will thrive with its own technology

The Associated Press  |  Posted Aug 20th - 2:05am

Huawei founder says he expects no relief from U.S. sanctions but is confident it will thrive with its own technology.

UK regulator launches investigation into electricity outage

The Associated Press  |  Posted Aug 20th - 1:44am

The U.K.'s energy regulator says it has launched an investigation into a widespread electricity outage on Aug. 9 that left a hospital without power and rail passengers stranded for hours during the busy evening commute.

Department stores make room for used fashion

Anne D'Innocenzio, Associated Press  |  Posted Aug 20th - 1:02am

Out with the new and in with the old.

Global shares mostly rise after Wall Street rally on Huawei

Yuri Kageyama, Associated Press  |  Posted Aug 20th - 12:58am

Global shares were mostly higher Tuesday after Wall Street rallied on the U.S. decision to give Chinese telecom giant Huawei another 90 days to buy equipment from American suppliers.

Die-hard Hong Kong protesters defend tactics as unity cracks

Yanan Wang, Associated Press  |  Posted Aug 20th - 12:08am

On a recent sweltering Saturday, a day now reserved for protest in Hong Kong, a demonstrator named Wayne stepped past a row of plastic barricades, lifted a pair of binoculars and squinted.

'Protesters vs. police': HK die-hards defend their stance

Yanan Wang, Associated Press  |  Posted Aug 20th - 12:04am

On a recent sweltering Saturday, a day now reserved for protest in Hong Kong, a demonstrator named Wayne stepped past a row of plastic barricades, lifted a pair of binoculars and squinted.

California smuggler of erectile dysfunction drug gets prison

The Associated Press  |  Posted Aug 19th - 11:05pm

A Southern California man who smuggled $11 million worth of erectile dysfunction drugs into the U.S. from China has been sentenced to more than eight years in federal prison for conspiracy and smuggling contraband.

US airlines expect record crowds over Labor Day weekend

The Associated Press  |  Posted Aug 19th - 10:06pm

Airlines expect record crowds over the week-long Labor Day period.

Asian shares mostly rise after Wall Street rally on Huawei

Yuri Kageyama, Associated Press  |  Posted Aug 19th - 9:04pm

Asian shares were mostly higher Tuesday after Wall Street rallied on the U.S. decision to give Chinese telecom giant Huawei another 90 days to buy equipment from American suppliers.

Former Los Angeles Times columnist awarded nearly $15.5M

The Associated Press  |  Posted Aug 19th - 7:36pm

A jury on Monday awarded nearly $15.5 million to a former sports columnist for The Los Angeles Times who said he was forced out of his job because of age and health discrimination.

Clarification: Exchange- Fertility Treatment-Contest story

The Associated Press  |  Posted Aug 19th - 6:31pm

In a story Aug. 16, The Associated Press reported that a radio station told listeners in July they could enter a contest to win IVP treatments with the Reproductive Care Center, with winners announced in September. The story did not specify that the deadline to enter the contest has passed.

White House insists 'fundamentals' of US economy are strong

Zeke Miller and Josh Boak, Associated Press  |  Posted Aug 19th - 6:11pm

The "fundamentals" of the U.S. economy are solid, the White House asserted, invoking an ill-fated political declaration of a decade ago amid mounting concern that a recession could imperil President Donald Trump's reelection.

Nebraska moves all girls out of facility for troubled youth

Grant Schulte, Associated Press  |  Posted Aug 19th - 3:44pm

Nebraska officials are moving 24 teenage girls out of a state-run facility for female juvenile offenders after learning that many were confined to buildings with fire hazards, holes in the wall and mold and water damage.

Writers union says talent agents are violating antitrust law

Andrew Dalton, Associated Press  |  Posted Aug 19th - 3:43pm

The Writers Guild of America filed claims Monday in federal court alleging the entertainment industry's biggest talent agencies are violating antitrust and anti-racketeering laws, the latest move in a long and heated battle between those who write scripts and the agents who represent them.