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Sky says it is withdrawing its recommendation to shareholders to accept 21st Century Fox's takeover bid

The Associated Press  |  Posted   Apr 25th - 4:57am

Sky says it is withdrawing its recommendation to shareholders to accept 21st Century Fox's takeover bid.

Drugmaker Takeda agrees to buy Shire for $64 billion

The Associated Press  |  Posted   Apr 25th - 4:53am

Japanese drugmaker Takeda has reached a tentative agreement to buy Ireland-based Shire for 46 billion pounds ($64 billion) in one of the biggest pharma deals to date.

Louisiana: $1.5 billion in tax breaks for $9.4 billion plant

Janet McConnaughey, Associated Press  |  Posted   Apr 25th - 4:51am

Louisiana Economic Development Secretary Don Pierson says state and local governments offered an estimated $1.5 billion in incentives for a $9.4 billion plastics complex.

Germany trims 2018 growth forecast, but outlook still strong

The Associated Press  |  Posted   Apr 25th - 4:47am

The German government trimmed its economic growth forecast for this year to 2.3 percent on Wednesday, though it said the outlook remains good and is predicting that growth next year will be almost as strong.

Comcast challenges Murdoch with rival bid for UK-based Sky

The Associated Press  |  Posted   Apr 25th - 4:42am

U.S. media conglomerate Comcast has made a 22 billion pound ($30 billion) bid for London-based pay TV operator Sky in move that threatens a rival bid by Rupert Murdoch.

Chinese automaker plans electric car production in SAfrica

Joe McDonald, Associated Press  |  Posted   Apr 25th - 4:27am

A state-owned Chinese automaker announced plans Wednesday to produce electric vehicles in South Africa, highlighting the growing role of the world's largest auto market in a technology seen as the global industry's future.

US media company Comcast launches 22 billion pound ($30 billion) bid for Sky in move that threatens rival Murdoch bid

The Associated Press  |  Posted   Apr 25th - 4:21am

US media company Comcast launches 22 billion pound ($30 billion) bid for Sky in move that threatens rival Murdoch bid.

Thousands protest austerity reforms in Athens

The Associated Press  |  Posted   Apr 25th - 4:19am

Thousands of people have taken to the streets of Athens to protest bailout-related reforms, including the sale of power plants, potential pension cuts and staffing funding cuts for state-run hospitals.

Juul maker to invest $30M to combat underage vaping

The Associated Press  |  Posted   Apr 25th - 4:19am

The maker of a much-debated e-cigarette that has grown popular with teenagers says it will spend $30 million in an effort to keep its products out of the hands of underage users.

China says it welcomes visit by US officials amid trade spat

The Associated Press  |  Posted   Apr 25th - 4:00am

China's foreign ministry said Wednesday that it welcomes a planned visit by U.S. Treasury Secretary Steve Mnuchin to Beijing next week amid trade tensions between the world's two largest economies.

Inter-Korean summit food will have touch of Swiss

Kim Tong-Hyung, Associated Press  |  Posted   Apr 25th - 3:12am

North Korean leader Kim Jong Un will be served a nod to his Swiss school days following a high-stakes meeting with South Korean President Moon Jae-in over the future of his nukes.

Global stocks slip following sell-off on Wall Street

Yuri Kageyama, Associated Press  |  Posted   Apr 25th - 2:34am

Global shares fell back on Wednesday, mirroring a sell-off on Wall Street triggered by worries over slowing growth and falling profits.

Bus on way to ANZAC Day catches fire in Turkey; no one hurt

The Associated Press  |  Posted   Apr 25th - 12:46am

Turkey's state-run news agency says a bus transporting New Zealanders to ANZAC Day ceremonies commemorating the 103rd anniversary of the World War I Gallipoli landings caught fire in northwestern Turkey. No one was hurt.

Iraq's move to rush oil bidding could deter some firms

Sinan Salaheddin, Associated Press  |  Posted   Apr 25th - 12:46am

Iraq is opening more of its untapped oil and gas resources to foreign developers, hoping to boost revenues after its costly war with the Islamic State group, but analysts say the rushed bidding process — now timed to precede national elections — could draw a lukewarm response.

AP Exclusive: '93 Amtrak crash survivor relives each new one

Jay Reeves, Associated Press  |  Posted   Apr 25th - 12:34am

In the dark of night, three travelers advanced inexorably toward tragedy.

Man who tried to get Trump's tax information awaits sentence

Michael Kunzelman, Associated Press  |  Posted   Apr 25th - 12:30am

A Louisiana private investigator faces a possible prison sentence for misusing Donald Trump's Social Security number in repeated attempts to access the president's federal tax information before his 2016 election.

EPA security chief also worked for owner of tabloid company

Michael Biesecker and Jeff Horwitz, Associated Press  |  Posted   Apr 24th - 11:26pm

The security chief for the head of the Environmental Protection Agency worked on the side as a private investigator for the owner of a tabloid news company with close ties to President Donald Trump.

Asian stocks slip following sell-off on Wall Street

Yuri Kageyama, Associated Press  |  Posted   Apr 24th - 10:48pm

Asian shares dipped Wednesday, mirroring a sell-off on Wall Street on worries over slowing growth and falling profits.

Mixed signals from Trump on VA nominee as allegations build

Hope Yen, Zeke Miller and Ken Thomas, Associated Press  |  Posted   Apr 24th - 10:24pm

His nomination in peril, Veterans Affairs nominee Ronny Jackson fought to convince lawmakers of his leadership abilities as more details of accusations against him emerged, ranging from repeated drunkenness to a toxic work environment as he served as a top White House doctor.