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Spanish judge summons Venezuelan TV owner in PDVSA probe

The Associated Press  |  Posted Feb 20th - 8:52am

A Spanish judge has named the owner of Venezuelan television network Globovisión in an investigation of alleged corruption and money laundering by Venezuela’s state-owned oil company PDVSA.

Uber resumes operating to Colombia after three-week hiatus

Manuel Rueda, Associated Press  |  Posted Feb 20th - 8:46am

Uber restarted operations in Colombia on Thursday after shutting down its app for almost three weeks.

Stocks wobble in early trading as investors turn cautious

Damian J. Troise, Associated Press  |  Posted Feb 20th - 7:44am

U.S. stocks edged slightly lower in early trading Thursday as investorsbecame more cautious following a record-setting day for major indexes.

UBS picks new CEO with track record in digital banking

The Associated Press  |  Posted Feb 20th - 7:27am

Shares in bank UBS climbed almost 3% on Thursday after the Swiss firm announced the appointment of a new chief executive who has experience in developing digital business in finance.

Estonia starts building 100-million-euro data center

Jari Tanner, Associated Press  |  Posted Feb 20th - 7:22am

An Estonian tech company has kicked off construction of the Baltic states' largest commercial data center, an estimated 100-million-euro ($108-million) project aimed at large financial services, telecom and technology firms in the region.

WH report says economy accelerated under Trump

Josh Boak, Associated Press  |  Posted Feb 20th - 7:00am

A new White House report says the U.S. economy is growing faster than expected, even though the annual gains of 3% that President Donald Trump promised to voters have yet to be achieved.

Microsoft announces $1.1 billion investment in Mexico

The Associated Press  |  Posted Feb 20th - 6:53am

Microsoft announced a five-year, $1.1 billion investment plan in Mexico on Thursday to develop training programs and increase the availability of cloud computing services.

Authorities: Virginia farmer holds goat thief at gunpoint

The Associated Press  |  Posted Feb 20th - 6:50am

AVirginia man held a suspect who was trying to steal goats from his farm at gunpoint until authorities could arrive to make an arrest, authorities said.

Feds: 4 charged in steroid import conspiracy

The Associated Press  |  Posted Feb 20th - 6:47am

Four people have been arrested in connection with what federal authorities say was an extensive scheme to import large amounts of steroids primarily from Hong Kong for redistribution to customers across the U.S.

A diminished Victoria's Secret is sold

Michelle Chapman and Anne D'Innocenzio, Associated Press  |  Posted Feb 20th - 6:04am

Victoria's Secret, which once defined sexy with its leggy supermodels prancing around in their bras and oversized angel wings, is being sold as women increasingly look for styles that more realistically fit their body type.

ASEAN diplomats praise China's handling of virus outbreak

Jim Gomez, Associated Press  |  Posted Feb 20th - 5:44am

Southeast Asia’s top diplomats praised China's handling of the virus outbreak and pledged Thursday to help fight the disease that emerged in a central Chinese city and spread in the region and around the world.

Morgan Stanley to buy E-Trade for $13 billion

Ken Sweet and Michelle Chapman, Associated Press  |  Posted Feb 20th - 5:44am

Investment bank Morgan Stanley announced it would buy the online brokerage E-Trade for roughly $13 billion, one of the biggest deals on Wall Street since the financial crisis.

World's top shipper expects virus outbreak to hurt earnings

The Associated Press  |  Posted Feb 20th - 5:44am

The world's largest shipping company, Denmark's A.P. Moller-Maersk, said Thursday it expects the outbreak of the new coronavirus in China to hurt its 2020 earnings.

Police find secret cigarette factory 4 meters underground

The Associated Press  |  Posted Feb 20th - 5:35am

Police have dismantled what they say is the Europe Union’s first clandestine underground cigarette factory — four meters (13 feet) under a horse stable in southern Spain.

Artist JMW Turner replaces Adam Smith on new UK banknote

The Associated Press  |  Posted Feb 20th - 5:25am

Britain's new 20-pound (about $29) note went into circulation Thursday — one that replaces the image of a pioneering economist with a battered warship being towed away for scrap.

Google updates terms in plain language after EU scrutiny

Rachel Lerman, Associated Press  |  Posted Feb 20th - 4:00am

Google is attempting to make sure people know exactly what they're signing up for when they use its online services — though that will still mean reading a lengthy document.

1 trillion euros: causing a big, long fight at EU summit

Raf Casert, Associated Press  |  Posted Feb 20th - 3:55am

Everything is set for a trillion-euro EU summit to be bruising, long, and, very likely, inconclusive.

Update on the latest in business:

The Associated Press  |  Posted Feb 20th - 1:32am

Shares were mixed in Asia today after Wall Street recovered to record highs.

Global stocks mostly slip as virus weighs on companies

Yuri Kageyama, Associated Press  |  Posted Feb 19th - 11:53pm

Global shares mostly dipped Thursday as several companies estimated that the outbreak of the new coronavirus in China will weigh on their earnings.