News  /  Biz  / 

Most Recent

Nicaragua nationalizes fuel firm 2 days after US sanctions

Gabriela Selser, Associated Press  |  Posted Dec 14th - 4:25pm

Nicaragua nationalized the fuel distribution company DNP on Saturday, two days after U.S. authorities sanctioned the firm for allegedly being used by President Daniel Ortega’s family for personal enrichment through non-competitive contracts with government institutions.

California utility scrambles to renegotiate wildfire deal

Daisy Nguyen, Associated Press  |  Posted Dec 14th - 1:05pm

California Gov. Gavin Newsom's opposition to Pacific Gas & Electric's restructuring plan just a week after it struck a $13.5 billion settlement with fire victims is forcing the nation's largest utility to go back to the negotiating table and come up with a solution fairly quickly.

Mexico objects over US bill on ratifying trade pact

Peter Orsi, Associated Press  |  Posted Dec 14th - 12:57pm

Just days after a landmark agreement on a trade pact to replace the North American Free Trade Agreement, Mexico objected Saturday to legislation introduced in the U.S. Congress as part of an eventual ratification of the deal.

Louisiana sues California over alligator ban

Associated Press  |  Posted Dec 14th - 7:28am

Louisiana is suing the state of California over its decision to ban the import and sale of alligator products, saying the ban will hurt an important Louisiana industry and ultimately could hurt the state's wetlands.

AP FACT CHECK: Trump's impeachment rage, Bloomberg on coal

Hope Yen, Christopher Rugaber and Ellen Knickmeyer, Associated Press  |  Posted Dec 14th - 6:46am

As near-certain impeachment closes in on him, President Donald Trump raged at his accusers, the Democrats. In the process, he offered a highly selective account of the testimony of a damning witness and misrepresented the facts of a phone call at the heart of the constitutional showdown.

Kentucky's new Democratic governor hits the ground running

Bruce Schreiner, Associated Press  |  Posted Dec 14th - 6:05am

Just days into his term as Kentucky's governor, Democrat Andy Beshear already has checked off some big priorities from his to-do list: a new state school board installed; the education commissioner gone; more than 140,000 nonviolent felons' voting rights restored.

Olympic champion skater Zagitova skips season to find drive

James Ellingworth, Associated Press  |  Posted Dec 14th - 1:43am

The Olympic figure skating champion Alina Zagitova is skipping the rest of this season to find her motivation again.

China welcomes preliminary deal in trade war it blames on US

Ken Moritsugu, Associated Press  |  Posted Dec 14th - 1:27am

China expressed cautious optimism Saturday about a first-step trade agreement that dials down a trade war it blames the U.S. for starting.

Santa Monica hotel built without permits can remain open

The Associated Press  |  Posted Dec 13th - 11:02pm

A Santa Monica beachfront hotel built without proper permits and fined nearly $15.6 million will be allowed to remain open.

Iowa Democrats worry 'Medicare for All' hurts key industry

Alexandra Jaffe, Associated Press  |  Posted Dec 13th - 10:43pm

Kim Motl doesn’t work in the health insurance industry. But her friends and neighbors do. So when she saw Sen. Elizabeth Warren recently in Fort Dodge, Iowa, Motl pressed the Democratic presidential candidate about her “Medicare for All” plan, which would replace private insurance with a government-run system.

Authorities recover body of girl swept away by creek

The Associated Press  |  Posted Dec 13th - 8:54pm

Authorities in rural Arizona on Friday recovered the body of a 6-year-old girl swept away two weeks ago when her family tried to cross surging creek waters.

California governor rejects $13.5 billion PG&E settlement

Michael Liedtke, Associated Press  |  Posted Dec 13th - 8:36pm

California Gov. Gavin Newsom has rejected a $13.5 billion settlement that Pacific Gas & Electric struck just last week with thousands of people who lost homes, businesses and family members in a series of devastating fires that drove the nation's largest utility into bankruptcy.

Wisconsin governor: No tax credits for new Foxconn plant

Todd Richmond, Associated Press  |  Posted Dec 13th - 4:52pm

Gov. Tony Evers' top aide warned Foxconn Technology Group last month that a scaled-down factory in Wisconsin won't qualify for tax credits unless the Taiwanese electronics giant renegotiates with the state, letters Evers' administration released Friday show.

State mounts largest crackdown on illegal pot shops in LA

Michael R. Blood, Associated Press  |  Posted Dec 13th - 4:42pm

California regulators mounted dozens of raids against illegal marijuana retailers in Los Angeles this week, the largest crackdown to date against the city's thriving black market, officials announced Friday.

Documents: Mining company writing own environmental report

Keith Ridler, Associated Press  |  Posted Dec 13th - 4:16pm

Documents show the U.S. Forest Service allowing a Canadian company to write a key environmental report on its proposed open-pit gold mines in central Idaho after the Trump administration became involved.

Large hospital system says it was hit by ransomware attack

The Associated Press  |  Posted Dec 13th - 4:10pm

New Jersey’s largest hospital system said Friday that a ransomware attack last week disrupted its computer network and that it paid a ransom to stop it.

US officials downgrade Venezuelan aviation safety rating

The Associated Press  |  Posted Dec 13th - 4:08pm

U.S. authorities downgraded Venezuela's aviation rating Friday, saying the crisis-torn nation isn't able to meet basic international standards for airline safety.

US approves fish oil-based drug for cutting heart risks

Linda A. Johnson, Associated Press  |  Posted Dec 13th - 3:35pm

U.S. regulators on Friday approved expanded use of a fish oil-based drug for preventing serious heart complications in high-risk patients already taking cholesterol-lowering pills.

College official gets 6 years for stealing $7.5 million

The Associated Press  |  Posted Dec 13th - 3:17pm

A former St. Louis Community College employee was sentenced Friday to more than six years in prison for stealing more than $7.5 million from a program designed to provide job training.