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Board urges Puerto Rico to implement tax, labor reforms

The Associated Press  |  Posted Oct 22nd - 11:09am

The executive director of a federal control board that oversees Puerto Rico's finances says the island is likely to receive $20 billion more than initially estimated in federal hurricane relief.

Netflix to borrow another $2B to pay its programming bills

The Associated Press  |  Posted Oct 22nd - 10:45am

Netflix plans to borrow another $2 billion to help pay for the exclusive series and movies that its management credits for helping its video streaming service reel in millions of new subscribers during the past five years.

Hurricane Michael could sour Florida's tupelo honey harvest

Jennifer Kay, Associated Press  |  Posted Oct 22nd - 10:37am

Hurricane Michael toppled beehives and stripped flowering plants across Florida's Panhandle, threatening tupelo honey production in a tiny community that is the primary source of the sweet delicacy.

Saudi prince's future put to the test at investment forum

Aya Batrawy, Associated Press  |  Posted Oct 22nd - 10:23am

Saudi Arabia is moving ahead with plans to hold a glitzy investment forum, despite some of its most important speakers pulling out in the global outcry over the killing of Saudi journalist Jamal Khashoggi.

As Trump rails, US allies take lead in changing trade rules

Jamey Keaten, Associated Press  |  Posted Oct 22nd - 9:40am

U.S. President Donald Trump wants to rip up the rulebook for global trade. China is by many accounts abusing it.

UK supermarket Morrisons faces payouts in data leak

The Associated Press  |  Posted Oct 22nd - 9:35am

Britain's Court of Appeal says that supermarket chain Morrisons is liable for a data breach in which staff members' personal data were placed on the internet by a rogue employee.

Iran upholds death sentences for 2 convicted of fraud

The Associated Press  |  Posted Oct 22nd - 9:17am

Iran's state TV is reporting that the Supreme Court has upheld the death sentences for two individuals convicted of financial crimes.

Bulgarian money counterfeiters busted by authorities

The Associated Press  |  Posted Oct 22nd - 8:49am

Bulgarian authorities say they have successfully taken down an illegal counterfeit operation that was printing high quality bogus euro and U.S. dollar banknotes.

Rising rates, slowing home sales expected to hurt remodelers

Joyce M. Rosenberg, Associated Press  |  Posted Oct 22nd - 8:47am

General contractors and other small businesses in the home remodeling industry can expect revenue to slow in 2019, the result of rising mortgage rates and sluggish home sales.

Grains mixed, livestock higher

The Associated Press  |  Posted Oct 22nd - 8:39am

Grain futures were mixed Monday in early trading on the Chicago Board of Trade.

Florida governor candidate DeSantis releases tax returns

The Associated Press  |  Posted Oct 22nd - 8:29am

Ron DeSantis, the Republican candidate for Florida governor who won the nomination with the strong backing of President Donald Trump, has released his most recent tax returns.

Israeli farmers concerned about Jordan ending land lease

The Associated Press  |  Posted Oct 22nd - 8:23am

Israeli farmers are voicing concern over Jordan's intention not to renew parts of its landmark peace treaty with Israel that leased out two small border areas for agricultural work.

Company gauges interest for boosting Dakota Access capacity

The Associated Press  |  Posted Oct 22nd - 7:45am

The developer of the Dakota Access pipeline is gauging shippers' interest in a possible expansion of the volume of crude oil moved through the pipeline from 500,000 barrels to 570,000 barrels per day, despite ongoing tribal efforts to shut the pipeline down.

Markets Right Now: Stocks turn mostly lower at midday

The Associated Press  |  Posted Oct 22nd - 7:43am

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

Flooding prompts boil-water notice for Austin, Texas

The Associated Press  |  Posted Oct 22nd - 7:20am

Residents of the Texas state capital are being ordered to boil their tap water before drinking after flooding in recent weeks filled the lakes that feed their supply with silt, mud and debris.

Medtronic co-founder who created wearable pacemaker dies

The Associated Press  |  Posted Oct 22nd - 6:45am

Earl Bakken, an electronics repairman who created the first wearable external pacemaker and co-founded one of the world's largest medical device companies, Medtronic, has died. He was 94.

Germany presses for EU unity on Saudi Arabia arms exports

The Associated Press  |  Posted Oct 22nd - 6:03am

A top German official pressed Monday for the European Union to show a united front on arms exports to Saudi Arabia after Berlin backed a freeze on such exports over the killing of writer Jamal Khashoggi.

Death toll rises to 3 in China mining accident; 18 trapped

The Associated Press  |  Posted Oct 22nd - 5:37am

The death toll in a coal mine accident in eastern China has climbed to three after one of the miners who was rescued died after receiving medical treatment. Eighteen remain trapped underground, according to a state broadcaster.

Hasbro, trying to find footing, posts weak 3Q

Michelle Chapman, Associated Press  |  Posted Oct 22nd - 5:02am

Hasbro, wrestling with the demise of Toys R Us and elusive shoppers spending a lot more on high-tech gadgets, fell well short of third-quarter expectations Monday and said it will cut some jobs to save costs.

Italy stands firm against EU in budget dispute

Colleen Barry, Associated Press  |  Posted Oct 22nd - 4:34am

Italy on Monday refused to back down on its plans to ramp up public spending, keeping alive a dispute with the European Union, which is worried the budget would increase the country's high debts.