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Trump administration moves to ban bump stocks

Michael Balsamo, Associated Press  |  Posted Dec 18th - 10:15am

The Trump administration moved Tuesday to officially ban bump stocks, which allow semi-automatic weapons to fire rapidly like automatic firearms, and has made them illegal to possess beginning in late March.

US stocks climb after two big losses; oil falls 5 percent

Stan Choe and Marley Jay, Associated Press  |  Posted Dec 18th - 10:01am

U.S. stocks are broadly higher at midday Tuesday, putting at least a temporary halt to the steep market losses that circled the globe in prior days. Asian markets sank sharply earlier in the day and European markets continued to slip. The Dow Jones Industrial Average is up about 300 points after falling 1,004 points over the past two days.

Saudi spending to hit record high as oil prices resume slide

Abdullah Al-Shihri and Aya Batrawy, Associated Press  |  Posted Dec 18th - 9:48am

Saudi Arabia's expenditures will hit a record-high in 2019 as the government plans to increase state spending by 7 percent to reach $295 billion despite plunging oil prices.

Greek lawmakers to vote on new budget _ with more austerity

The Associated Press  |  Posted Dec 18th - 9:44am

Greek lawmakers are debating the heavily-indebted country's draft budget for 2019, the first since Greece exited an eight-year bailout program.

Trump Foundation reaches deal to dissolve amid lawsuit

Michael R. Sisak, Associated Press  |  Posted Dec 18th - 9:36am

President Donald Trump's charitable foundation reached a deal Tuesday to dissolve while Trump fights allegations he misused assets for business and political purposes.

Genoa announces $229M project to replace collapsed bridge

Colleen Barry, Associated Press  |  Posted Dec 18th - 9:28am

Genoa's mayor on Tuesday announced that a 202-million-euro ($229 million) project by hometown architect Renzo Piano inspired by a naval ship has been chosen to replace the Morandi Bridge that collapsed last summer, killing 43 people.

Trump Foundation reaches deal to dissolve amid lawsuit with New York's attorney general

The Associated Press  |  Posted Dec 18th - 9:25am

Trump Foundation reaches deal to dissolve amid lawsuit with New York's attorney general.

Vatterott College system closes all 15 campuses

The Associated Press  |  Posted Dec 18th - 8:56am

A for-profit college that operates several Midwestern campuses has suddenly closed, citing mounting financial problems.

Czech government office stops using Huawei mobile phones

The Associated Press  |  Posted Dec 18th - 8:55am

The Czech Republic's prime minister has ordered his government office to stop using mobile phones by Chinese telecoms company Huawei.

The Latest: Trump signs order to create US Space Command

The Associated Press  |  Posted Dec 18th - 8:38am

The Latest on the Pentagon's new Space Command (all times local):

US surgeon general warns of teen risks from e-cigarettes

Matthew Perrone, Associated Press  |  Posted Dec 18th - 8:23am

The government's top doctor is taking aim at the best-selling electronic cigarette brand in the U.S., urging swift action to prevent Juul and similar vaping brands from addicting millions of teenagers.

Mexico doubles minimum wage in northern border zones

The Associated Press  |  Posted Dec 18th - 7:52am

Mexico's new government is increasing minimum wages across the country by 16 percent and doubling the minimum wage in a narrow stretch of territory along the border with the United States, President Andres Manuel Lopez Obrador said Tuesday.

South Africa eatery ad spoofs colonialism; regulators miffed

The Associated Press  |  Posted Dec 18th - 7:46am

A South African restaurant chain has been ordered to withdraw a television commercial deemed to have trivialized the brutal history of colonial rule in Africa.

Markets Right Now: Tech stocks help pull Wall Street higher

The Associated Press  |  Posted Dec 18th - 7:44am

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

The Latest: 3,500 troops to be on standby if no-deal Brexit

The Associated Press  |  Posted Dec 18th - 7:01am

The Latest on Britain's exit from the European Union (all times local):

British government to ramp up preparations for a no-deal Brexit, says it must get ready for "the default option"

The Associated Press  |  Posted Dec 18th - 6:49am

British government to ramp up preparations for a no-deal Brexit, says it must get ready for "the default option"

Virginia shipyard announces buyout offers, restructuring

The Associated Press  |  Posted Dec 18th - 6:44am

The Virginia shipyard that's the sole builder of nuclear-powered aircraft carriers is offering buyouts to a little more than 10 percent of its workforce.

Grocery delivery, with no humans drivers, is underway

The Associated Press  |  Posted Dec 18th - 6:43am

Deliveries from an Arizona grocery store will soon be arriving with no one behind the wheel.

US home construction rose last month, led by apartments

Christopher Rugaber, Associated Press  |  Posted Dec 18th - 6:35am

U.S. developers broke ground on more homes last month, but the increase occurred entirely in apartments. The construction of new single-family houses fell.