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Report: 10 arrested in Estonia over massive money laundering

The Associated Press  |  Posted Dec 19th - 3:19am

The Baltic region's main news agency says ten former employees of the Estonian branch of Danske Bank have been arrested in connection with an ongoing probe into a major money laundering scandal that allegedly involved Russian money.

Facebook purges more Myanmar accounts for misrepresentation

The Associated Press  |  Posted Dec 19th - 3:18am

Facebook has announced its third and biggest purge of military-linked accounts in Myanmar, where critics have charged that the social network did too little to block inflammatory material that fueled communal hatred, particularly against the country's Muslim Rohingya minority.

Official says US reviewing travel ban on North Korea

The Associated Press  |  Posted Dec 19th - 3:12am

The Trump administration's special envoy for North Korea says Washington is reviewing easing its travel restrictions to North Korea to facilitate humanitarian shipments as part of efforts to resolve an impasse in nuclear diplomacy.

UK inflation eases but outlook depends on Brexit

Pan Pylas, Associated Press  |  Posted Dec 19th - 2:53am

Inflation in Britain rose in November by its weakest rate in 21 months, a development that's likely to cheer consumers as they get ready for some last-minute Christmas shopping.

Pakistan takes steps to avoid terror finance blacklist

Munir Ahmed, Associated Press  |  Posted Dec 19th - 2:51am

Pakistani officials say the government has approved fresh measures to avoid being blacklisted by an international group that monitors money laundering and terror financing.

Norway sees boom in electric cars, fueled by the government

Mark Lewis, Associated Press  |  Posted Dec 19th - 2:49am

A silent revolution has transformed driving in Norway.

GSK, Pfizer to merge their healthcare divisions

The Associated Press  |  Posted Dec 19th - 2:14am

Drugmakers GlaxoSmithKline and Pfizer are merging their healthcare divisions, creating a business with combined sales of 9.8 billion pounds ($12.7 billion).

World markets rise ahead of Fed's rate decision

Annabelle Liang, Associated Press  |  Posted Dec 18th - 11:39pm

World stocks were mostly higher Wednesday ahead of an expected rate hike by the Federal Reserve, while Asian indexes were weighed by Japanese data that showed its exports slowing in November.

In farewell, Ryan sees solutions if 'politics will allow it'

Alan Fram, Associated Press  |  Posted Dec 18th - 10:42pm

Outgoing House Speaker Paul Ryan is bemoaning America's "broken politics" in a farewell speech in which he calls Washington's failure to overhaul costly federal benefit programs "our greatest unfinished business."

Consumer groups allege Google misleads kids in FTC complaint

Michael Liedtke, Associated Press  |  Posted Dec 18th - 10:07pm

Nearly two dozen consumer, privacy and public health groups are urging U.S. regulators to investigate whether children are being endangered by deceptive apps in Google's app store for smartphones running on its Android software.

Fed is expected to raise rates while Trump presses criticism

Martin Crutsinger, Associated Press  |  Posted Dec 18th - 10:07pm

The Federal Reserve is expected Wednesday to raise its benchmark rate for a fourth time this year despite President Donald Trump's repeated assertions that doing so would be a terrible idea.

Trust for US bondholders sues Venezuela over defaulted debt

The Associated Press  |  Posted Dec 18th - 8:30pm

A trust representing holders of Venezuelan bonds filed suit in New York federal court Tuesday demanding payment on more than $34 million in unpaid debt.

The Latest: Shutdown threat recedes as Trump softens stance

The Associated Press  |  Posted Dec 18th - 7:09pm

The Latest on negotiations over funding President Donald Trump wants for a U.S.-Mexico border wall and the possibility of a partial government shutdown (all times local):

The Latest: Kentucky House adjourns without passing pension

The Associated Press  |  Posted Dec 18th - 6:03pm

The Latest on a special legislative session called to vote on changes to the state's pension systems (all times local):

SoftBank mobile subsidiary has bitter debut on Tokyo market

Mari Yamaguchi, Associated Press  |  Posted Dec 18th - 5:36pm

SoftBank Group Corp.'s Japanese mobile subsidiary suffered a bitter debut Wednesday on the Tokyo Stock Exchange, slumping 15 percent, hurt by a recent service outage and concerns about the use of parts from Chinese telecom giant Huawei.

SoftBank Group Corp.'s Japanese mobile subsidiary begins trading on Tokyo Stock Exchange

The Associated Press  |  Posted Dec 18th - 5:30pm

SoftBank Group Corp.'s Japanese mobile subsidiary begins trading on Tokyo Stock Exchange.

Wetlands, lakes would lose protections under Michigan bill

John Flesher and David Eggert, Associated Press  |  Posted Dec 18th - 5:24pm

Michigan legislators were poised Tuesday to remove legal protections from many of the state's wetlands and other inland waterways, which provide wildlife habitat and perform vital tasks such as preventing floods.

Judge lifts order blocking Houston firefighter pay measure

Juan A. Lozano, Associated Press  |  Posted Dec 18th - 5:22pm

A judge on Tuesday lifted a court order blocking the implementation of a new charter amendment that would give Houston's firefighters pay parity with city police officers, but the mayor says the raise would cost the city up to $100 million and result in hundreds of layoffs.

Booze cruise battle: Booted from NYC dock, owner sees racism

Michael R. Sisak, Associated Press  |  Posted Dec 18th - 5:04pm

Dwayne Braithwaite is a rarity in New York City's sightseeing cruise industry: a black owner whose raucous party boats are filled with mostly black patrons from the city's West Indian community.

UK business groups plead for deal to prevent no-deal Brexit

The Associated Press  |  Posted Dec 18th - 5:04pm

Britain's five leading business groups are pleading with the government to act to prevent the country's departure from the European Union without a deal.