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The Latest: Bono says 'amoral' capitalism needs taming

The Associated Press  |  Posted Jan 23rd - 2:41am

The Latest on the World Economic Forum in Davos, Switzerland (all times local):

Striking taxi drivers in standoff with police in Madrid

The Associated Press  |  Posted Jan 23rd - 2:17am

Striking Spanish taxi drivers demanding more regulations for app-based ride-hailing services are blocking access to a trade exhibition center in Madrid where a major tourism fair begins Wednesday.

Leaders including Merkel and Abe take to main Davos stage

Pan Pylas, Associated Press  |  Posted Jan 23rd - 2:12am

Several high-profile leaders, including Japanese Prime Minister Shinzo Abe and German Chancellor Angela Merkel, will address the World Economic Forum on Wednesday amid a wider debate of the merits of populist nationalism versus global cooperation.

Russia presents info on missile US says violates pact

The Associated Press  |  Posted Jan 23rd - 2:05am

The Russian military on Wednesday rolled out its new missile and spelled out its specifications, seeking to dispel the U.S. claim that the weapon violates a key nuclear arms pact.

No screen time: Tonga faces weeks of internet disruption

Nick Perry, Associated Press  |  Posted Jan 23rd - 1:44am

People in Tonga could face several weeks without Facebook, YouTube and even some basic services like credit card transactions due to a fault in the undersea cable that connects the Pacific nation to the rest of the world.

Analysis: Falling home sales not helping middle-class buyers

Josh Boak, Associated Press  |  Posted Jan 23rd - 1:07am

When home sales weaken, prices typically do, too, and buyers benefit.

Analysis: Falling home sales not helping middle-class buyers

Josh Boak, Associated Press  |  Posted Jan 23rd - 1:07am

When home sales weaken, prices typically do, too, and buyers benefit.

World stocks fall on worries over US-China talks

Annabelle Liang, Associated Press  |  Posted Jan 23rd - 12:13am

World markets were mostly lower on Wednesday as news of possible hiccups in U.S.-China trade talks ratcheted up growth worries.

Natural gas fields give Israel a regional political boost

Aron Heller, Associated Press  |  Posted Jan 22nd - 11:19pm

A decade after discovering natural gas fields off its Mediterranean coast, Israel is starting to feel the geopolitical boost.

Los Angeles teachers head back to school after reaching deal

Christopher Weber, Associated Press  |  Posted Jan 22nd - 11:14pm

Tens of thousands of Los Angeles teachers planned to return to work Wednesday after voting to ratify a deal between their union and school officials, ending a six-day strike in the nation's second-largest district.

Prosecutors move to seize property linked to energy company

The Associated Press  |  Posted Jan 22nd - 10:02pm

Federal prosecutors are moving to seize a plant and more than 500 acres (202 hectares) of undeveloped land belonging to a Salt Lake City biodiesel company linked to a polygamous group.

Chinese model in derided Dolce & Gabbana ads apologizes

The Associated Press  |  Posted Jan 22nd - 8:34pm

The Chinese model in widely derided advertisements for Italian fashion line Dolce & Gabbana has apologized for her appearance in the campaign.

Japan exports sink 3.8 pct in Dec, hit by China slowdown

Yuri Kageyama, Associated Press  |  Posted Jan 22nd - 8:10pm

Japan's exports fell 3.8 percent in December from a year earlier, hit by slowing demand in China, as the trade balance shifted back into deficit for the year, the government reported Wednesday.

Oracle accused of underpaying women, minorities by $400M

The Associated Press  |  Posted Jan 22nd - 6:05pm

U.S. government regulators are accusing software maker Oracle of engaging in discriminatory practices that resulted in thousands of its women, black and Asian employees being underpaid by more than $400 million.

Erin Brockovich urges California to stop PG&E bankruptcy

Kathleen Ronayne, Associated Press  |  Posted Jan 22nd - 5:27pm

Consumer activist Erin Brockovich, who famously took on Pacific Gas & Electric Co. in the 1990s, urged California lawmakers Tuesday not to let the utility go bankrupt because it could mean less money for wildfire victims.

Mom arrested after dead baby found in Amazon site's restroom

The Associated Press  |  Posted Jan 22nd - 4:16pm

A woman has been arrested on suspicion of unlawful disposal of human remains after her newborn baby was found dead inside a bathroom at an Amazon distribution center in southwest Phoenix last week, police announced Tuesday.

Netflix joins MPAA lobbying group, its 1st streaming member

The Associated Press  |  Posted Jan 22nd - 4:09pm

On the same day Netflix scored its first best picture nomination from the Oscars, the streaming company is also joining the lobbying group the Motion Picture Association of America.

TD Ameritrade doubles its fiscal 1Q profit

Josh Funk, Associated Press  |  Posted Jan 22nd - 3:39pm

Online brokerage TD Ameritrade Holding Corp.'s fiscal first-quarter profit more than doubled thanks to the company's 2017 acquisition of rival Scottrade and last fall's increased volatility in the market.

Nuclear lab director says spent-fuel impasse harms mission

Keith Ridler, Associated Press  |  Posted Jan 22nd - 3:36pm

The director of the nation's primary lab for nuclear research says the biggest threat to the lab's mission is being prohibited from bringing in small quantities of spent nuclear fuel due to a federal agency's settlement agreement with Idaho.

Arconic and Stanley Black and Decker slide while eBay leaps

The Associated Press  |  Posted Jan 22nd - 2:41pm

Stocks that moved substantially or traded heavily Tuesday: