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Watch live: Trump to announce new NKorea sanctions at CPAC

Zeke Miller, Associated Press  |  Posted   Feb 23rd - 8:29am

The Trump administration is hitting more than 50 vessels, shipping companies and trade businesses with sanctions in the latest bid to turn up the pressure on North Korea over its nuclear program, a senior administration official said Friday.

Technology company and banks lead US stocks higher

The Associated Press  |  Posted   Feb 23rd - 8:24am

Hewlett Packard Enterprise and HP are leading technology companies higher and banks are also rising as US indexes climb in early trading on Wall Street Friday. Blue Buffalo Pet Products jumps after General Mills agrees to buy the pet food maker. Bond yields continue to recede from the four-year highs they reached earlier this week.

Spend more or do less? EU leaders discuss post-Brexit budget

Mike Corder, Associated Press  |  Posted   Feb 23rd - 8:12am

The leaders of European Union nations — minus Britain's prime minister — met Friday to begin what are expected to be acrimonious talks on how the bloc will cope with a multibillion-euro hole in its budget caused by Britain's departure.

Stores make push in scan and go tech, hope shoppers adopt it

Anne D'Innocenzio, Associated Press  |  Posted   Feb 23rd - 8:10am

Shoppers at self-checkout lanes scanning all their groceries after they're done shopping? Old school. More stores are letting customer tally their choices with a phone app or store device as they roam the aisles.

Alterra Mountain Company releases price of new Ikon ski pass

The Associated Press  |  Posted   Feb 23rd - 7:57am

A ski company that owns resorts from Quebec to Colorado says it will cost between $599 and $899 for a pass granting access to 26 resorts across North America.

General Mills gets pet-friendly, buying Blue Buffalo for $8B

The Associated Press  |  Posted   Feb 23rd - 7:44am

The maker of Cheerios also wants to fill dog bowls.

Markets Right Now: Tech, banks lead early stock gains

The Associated Press  |  Posted   Feb 23rd - 7:43am

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

Brexit is already causing a drop in EU migration to UK

Pan Pylas, Associated Press  |  Posted   Feb 23rd - 7:40am

Brexit is little more than a year away but there is mounting evidence it's having a major impact on the number of European citizens looking to live and work in Britain.

Official: U.S. sanctions 56 vessels, shipping companies, and trade businesses in bid to turn up pressure on North Korea

The Associated Press  |  Posted   Feb 23rd - 7:20am

Official: U.S. sanctions 56 vessels, shipping companies, and trade businesses in bid to turn up pressure on North Korea.

Cyprus: Turkish warships stopped rig, 'threatened force'

Menelaos Hadjicostis, Associated Press  |  Posted   Feb 23rd - 7:10am

Turkish warships "threatened to use force" to stop a renewed attempt by a rig to reach an area off Cyprus where Italian company Eni was scheduled to drill for gas, the island nation's energy minister said Friday.

AP sources: Adelson offers to help pay for Jerusalem embassy

Josh Lederman, Associated Press  |  Posted   Feb 23rd - 6:31am

The Trump administration is considering an offer from Republican mega-donor Sheldon Adelson to pay for at least part of a new U.S. embassy in Jerusalem, four U.S. officials told The Associated Press.

GOP, Dem governors push national health care compromise

Julie Carr Smyth, Associated Press  |  Posted   Feb 23rd - 5:12am

A bipartisan group of governors working to strike compromise on hot-button policy issues will take on the health care question at an event Friday.

Stocks mixed as Wall Street seen edging higher

Joe McDonald, Associated Press  |  Posted   Feb 23rd - 4:58am

Stock markets slipped in Europe on Friday, but Wall Street was expected to rise on the open and Asian indexes closed higher.

BMW plans to build battery electric Minis in China

The Associated Press  |  Posted   Feb 23rd - 4:37am

German automaker BMW says it's in talks to build battery electric models of its Mini cars in China, which would be the first time the iconic cars have been made outside Europe.

Building starts on Afghan leg of Turkmenistan gas pipeline

Alexander Vershinin, Associated Press  |  Posted   Feb 23rd - 4:34am

Construction has begun on the Afghanistan stretch of an ambitious pipeline that is to carry natural gas from Turkmenistan to Afghanistan, Pakistan and India.

Af-Pak officials inaugurate long-awaited gas pipeline

Amir Shah, Associated Press  |  Posted   Feb 23rd - 4:33am

Afghanistan's president and Pakistan's prime minister launched a 1,814 kilometer (1,130 mile) gas pipeline on Friday that will feed Turkmenistan gas to Afghanistan, as well as Pakistan and eventually to India.

Reports say Iran temporarily bans ATR aircraft after crash

The Associated Press  |  Posted   Feb 23rd - 4:28am

Iranian media are reporting the country's aviation organization has temporarily banned flights of all ATR-72 aircraft after a deadly crash that killed 65.

MIT professor appointed to NYC deputy mayor position

The Associated Press  |  Posted   Feb 23rd - 4:15am

New York City Mayor Bill de Blasio has named a Massachusetts Institute of Technology professor to serve as his deputy mayor for strategic initiatives.

BMW looking at Chinese-made electric MINI

Joe McDonald, Associated Press  |  Posted   Feb 23rd - 4:08am

BMW Group said Friday it is talking with China's biggest SUV maker about a possible partnership to produce electric versions of its MINI as automakers ramp up electric development under pressure from Beijing to meet sales quotas.

China prosecuting tycoon who considered Kushner investment

Joe McDonald, Associated Press  |  Posted   Feb 23rd - 3:14am

The founder of one of China's biggest insurers, who had discussed possibly investing in a Manhattan skyscraper owned by the family of U.S. President Donald Trump's son-in-law and adviser, will be prosecuted for financial offenses and regulators have taken control of his company, the government announced Friday.