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World Economic Forum warns of impact of global tensions

Pan Pylas, Associated Press  |  Posted Jan 16th - 3:38am

Tensions in international relations and nationalist politics have the potential to further weigh on the global economy this year, organizers of next week's gathering of business and political leaders in the Swiss ski resort of Davos warned Wednesday.

UK inflation falls to near two-year lows

The Associated Press  |  Posted Jan 16th - 3:13am

Inflation in Britain has fallen to its lowest level in nearly two years, providing households some relief at a time of acute Brexit uncertainty.

German Chancellor Angela Merkel says 'we still have time to negotiate' on Brexit but next move up to UK prime minister

The Associated Press  |  Posted Jan 16th - 3:10am

German Chancellor Angela Merkel says 'we still have time to negotiate' on Brexit but next move up to UK prime minister.

EU court rules annuls regulator move to block UPS-TNT merger

The Associated Press  |  Posted Jan 16th - 2:37am

The European Union's top court says a decision by anti-trust regulators to block a merger between U.S. delivery giant UPS and Dutch firm TNT must be annulled.

The Latest: French winemakers worried by Brexit vote failure

The Associated Press  |  Posted Jan 16th - 2:03am

The Latest on Brexit (all times local):

UK government faces no-confidence vote after Brexit defeat

Danica Kirka, Jill Lawless and Gregory Katz, Associated Press  |  Posted Jan 16th - 1:53am

British Prime Minister Theresa May faces a no-confidence vote Wednesday, a day after Parliament rejected her Brexit deal by a historic margin.

Taking stock: UK businesses brace for no-deal Brexit

Danica Kirka, Associated Press  |  Posted Jan 16th - 1:44am

Brexit has British business owners on edge — and that is great news for Lovespace, a storage and warehousing company outside London.

EU Brexit negotiator fears disorderly Brexit more than ever

The Associated Press  |  Posted Jan 16th - 1:19am

European Union Brexit negotiator Michel Barnier says the bloc is stepping up preparations for a chaotic no-deal departure of Britain from the bloc after the rejection of the draft withdrawal deal in London left the EU "fearing more than ever that there is a risk" of a cliff-edge departure.

From travel to IPOs, how shutdown is upsetting US economy

Christopher Rugaber, Associated Press  |  Posted Jan 16th - 1:03am

Delta Air Lines can't get eight new aircraft in the air. Roughly a million government employees and contractors aren't being paid. Some Americans who are trying to start small businesses face delays in obtaining the required tax identification number from the IRS.

EU Brexit negotiator Barnier says EU is 'fearing more than ever' a chaotic departure of UK from bloc

The Associated Press  |  Posted Jan 16th - 1:02am

EU Brexit negotiator Barnier says EU is 'fearing more than ever' a chaotic departure of UK from bloc.

EU Brexit negotiator Barnier says it is up to Britain to come forward with ideas in wake of withdrawal agreement defeat

The Associated Press  |  Posted Jan 16th - 12:56am

EU Brexit negotiator Barnier says it is up to Britain to come forward with ideas in wake of withdrawal agreement defeat .

World shares advance but Britain slips on Brexit limbo

Annabelle Liang, Associated Press  |  Posted Jan 16th - 12:29am

World shares were mostly higher Wednesday as investors shrugged off the parliamentary defeat of British Prime Minister Theresa May's plan for leaving the European Union.

Europe car sales grew for 5th straight year in 2018

The Associated Press  |  Posted Jan 16th - 12:03am

The European carmakers association, ACEA, says the car market rose modestly in 2018, despite contractions in the last four months due to the impact of a new emissions test.

Senators consider former lobbyist as EPA's permanent chief

Ellen Knickmeyer, Associated Press  |  Posted Jan 15th - 10:58pm

Acting Environmental Protection Agency chief Andrew Wheeler's past lobbying work for coal companies and other industries regulated by the agency is expected to draw scrutiny Wednesday when a Senate committee considers his nomination to the position.

Craft beer taps squeezed as shutdown delays new releases

Ivan Moreno, Associated Press  |  Posted Jan 15th - 10:32pm

The nation's craft beer taps are being squeezed by the government shutdown, which has put new releases on hold, prevented new breweries from opening and stopped shipments of some suds across state lines.

Philippines arrests, hands over to China corruption fugitive

The Associated Press  |  Posted Jan 15th - 10:32pm

Philippine officials have turned over to China a former government official wanted for alleged economic crime and corruption.

The IRS is recalling 46,000 workers to handle tax returns

Marcy Gordon, Associated Press  |  Posted Jan 15th - 10:15pm

The Internal Revenue Service is recalling about 46,000 of its employees furloughed by the government shutdown — nearly 60 percent of its workforce — to handle tax returns and pay out refunds. The employees won't be paid during the shutdown.

Venezuela's opposition outlines roadmap for power transfer

The Associated Press  |  Posted Jan 15th - 10:06pm

Venezuela's opposition-controlled congress has declared President Nicolas Maduro "illegitimate," moving a step closer to implementing a plan to challenge the socialist leader by declaring a caretaker government and calling early elections.

In era of news deserts, no easy fix for local news struggles

David Bauder, Associated Press  |  Posted Jan 15th - 10:04pm

The local news industry hasn't been the subject of much good news itself, lately.

Razor burn: Gillette ad stirs online uproar

Mae Anderson, Associated Press  |  Posted Jan 15th - 8:37pm

A Gillette ad for men invoking the #MeToo movement is sparking intense online backlash, with accusations that it talks down to men and groups calling for a boycott. But Gillette says it doesn't mind sparking a discussion.