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Fed poised to raise rates for third time this year

The Associated Press  |  Posted Sep 26th - 2:51am

The Federal Reserve is set Wednesday to raise interest rates for a third time this year and possibly modify the likely direction of rates in the months ahead.

Daimler CEO Zetsche to be succeeded by head of development

David McHugh, Associated Press  |  Posted Sep 26th - 2:39am

Daimler CEO Dieter Zetsche will leave his post in May and be succeeded by Ola Kallenius, who has headed development and research for the automaker's Mercedes-Benz luxury brand.

Developers say Mountain Valley Pipeline to now cost $4.6B

The Associated Press  |  Posted Sep 26th - 2:26am

Developers of a natural gas pipeline set to run through West Virginia and Virginia say the project's cost has risen from $3.7 billion to $4.6 billion.

Anita Hill: Kavanaugh hearing isn't a referendum on #MeToo

Jocelyn Noveck, Associated Press  |  Posted Sep 26th - 2:19am

with no FBI investigation and no witness testimony — is destined to be unfair, just as she and many others felt the Thomas hearing was.

In Paris, Airbnb blamed for all kinds of ills

John Leicester, Associated Press  |  Posted Sep 26th - 2:14am

The first paying guests to the ground-floor studio flat newly posted on Airbnb were innocuous enough: A family, come to experience the joys of Paris, like many millions of others.

Report: Long trade war would hurt US more than China

Dave McHugh, Associated Press  |  Posted Sep 26th - 2:04am

A fierce global trade war would hurt the United States economy significantly, making households poorer and destroying jobs, while China would not suffer as much, according to a simulation carried out by economists at the European Central Bank.

India's top court limits use of gov't identification number

Ashok Sharma, Associated Press  |  Posted Sep 26th - 1:31am

India's top court on Wednesday upheld the government's policy of issuing a 12-digit identification number to every citizen, but said it can't be made mandatory for services such as bank accounts, cellphone connections and school admissions.

Australian judge imprisons 2 men for Airbnb guest's death

The Associated Press  |  Posted Sep 26th - 1:12am

An Australian judge sentenced two men to prison on Wednesday over the fatal beating of their Airbnb guest who owed rent.

Fed seems poised to raise rates for a 3rd time this year

Martin Crutsinger, Associated Press  |  Posted Sep 26th - 1:07am

The Federal Reserve is set Wednesday to raise interest rates for a third time this year and possibly modify the likely direction of rates in the months ahead.

Fed seems poised to raise rates for a 3rd time this year

Martin Crutsinger, Associated Press  |  Posted Sep 26th - 1:06am

The Federal Reserve is set Wednesday to raise interest rates for a third time this year and possibly modify the likely direction of rates in the months ahead.

Senate panel to hear from internet execs on privacy policies

Marcy Gordon, Associated Press  |  Posted Sep 26th - 1:02am

The Trump administration is hoping Congress can come up with a new set of national rules governing how companies can use consumers' data that finds a balance between "privacy and prosperity."

European shares flat, Asia rises ahead as US rate hike looms

Annabelle Liang, Associated Press  |  Posted Sep 26th - 12:43am

European markets were flat Wednesday following a day of gains in Asia as traders awaited an expected interest rate hike by the U.S. Federal Reserve.

Former Israeli PM Barak to chair medical marijuana company

The Associated Press  |  Posted Sep 26th - 12:41am

Former Israeli Prime Minister Ehud Barak has been appointed chairman of an Israeli medical marijuana company.

San Francisco's new transit terminal closes over beam crack

Paul Elias, Associated Press  |  Posted Sep 26th - 12:29am

The so-called "Grand Central of the West" is closed out of safety concerns after workers discovered a crack in a support beam of the $2 billion transit terminal that opened just last month.

Navajo Tech gets $1M for new workforce training center

The Associated Press  |  Posted Sep 25th - 11:12pm

More than $1 million is being awarded to Navajo Technical University to build a training center to help displaced workers from the energy sector develop new skills.

Kavanaugh pal has written about own drunken escapades

Stephen Braun, Jeff Horwitz and Brian Witte, Associated Press  |  Posted Sep 25th - 10:27pm

Mark Judge spent decades mining his recollections and writing books and articles full of semi-confessional details about the suburban Maryland prep school he attended with future Supreme Court nominee Brett Kavanaugh. Now, though, Judge's memory has drawn a blank.

Wife of Malaysia's ex-PM arrives for questions in 1MDB case

The Associated Press  |  Posted Sep 25th - 8:33pm

The wife of Malaysian former Prime Minister Najib Razak arrived Wednesday at the anti-graft agency for questioning over alleged theft and money laundering involving the 1MDB state investment fund.

Clouds on horizon as trade wars, debt weigh on Asia's growth

Elaine Kurtenbach, Associated Press  |  Posted Sep 25th - 8:09pm

Trade conflicts, rising debt and the potential impact from rising interest rates in the U.S. will likely dampen growth in the coming year, the Asian Development Bank said Wednesday in an update of its regional economic outlook report.

CBS taps media industry veteran Parsons as interim chairman

The Associated Press  |  Posted Sep 25th - 7:19pm

CBS says it has named media industry veteran Richard Parsons as interim chairman of the board as the company moves to reshape itself following the ouster of longtime chief Les Moonves.

Bill overhauling songwriter royalties heads to Trump's desk

The Associated Press  |  Posted Sep 25th - 6:31pm

Legislation to substantially overhaul the way music is licensed and songwriters compensated for songs online is being sent to the president's desk for his signature.