-S&P 500--

Most Recent

Justice Dept. expected to file antitrust action vs. Google

Michael Balsamo and Marcy Gordon, Associated Press  |  Updated Sep 24th - 6:42pm

The Justice Department is expected to bring an antitrust action against Google in coming weeks, focusing on its dominance in online search and whether it was used to stifle competition and hurt consumers, a person familiar with the matter told The Associated Press Thursday.

California is ready to pull the plug on gas vehicles

Adam Beam, Associated Press  |  Updated Sep 24th - 6:29pm

California will ban the sale of new gasoline-powered passenger cars and trucks in 15 years, Gov. Gavin Newsom announced Wednesday, establishing a timeline in the nation's most populous state that could force U.S. automakers to shift their zero-emission efforts into overdrive.

Patriots owner Kraft cleared of massage parlor sex charge

Terry Spencer, Associated Press  |  Updated Sep 24th - 5:02pm

Florida prosecutors dropped a misdemeanor charge against New England Patriots owner Robert Kraft on Thursday after courts blocked their use of video that allegedly shows him paying for massage parlor sex.

Innocent Madoff investors must pay back profits, court rules

The Associated Press  |  Updated Sep 24th - 4:34pm

Investors who profited from Bernard Madoff’s massive Ponzi scheme even though they knew nothing of it must still pay back their profits, an appeals court decided Thursday.

At UN, Africa urges fiscal help against virus 'apocalypse'

Cara Anna, Associated Press  |  Updated Sep 24th - 3:52pm

African nations came out swinging on the third day of the United Nations annual gathering of world leaders Thursday, calling for dramatic fiscal measures to help economies survive the coronavirus pandemic — which one leader called the “fifth horseman of the apocalypse.”

BMW fined $18 million for inflating monthly US sales figures

The Associated Press  |  Updated Sep 24th - 3:43pm

BMW will pay an $18 million fine to settle allegations that it inflated its monthly U.S. sales numbers for five straight years.

Stocks higher, Unemployment fraud, Meat plant citation

The Associated Press  |  Posted Sep 24th - 3:17pm

U.S. stocks closed slightly higher today on Wall Street as volatility continues to be the dominant force in Wall Street’s tumultuous September. The S&P rose 9.67 points to 3,246.59 or 0.3% higher after having been close to a correction earlier. The Dow gained 52.31 points, or 0.2%, to 26,815.44. The Nasdaq composite added 39.28 points, or 0.4%, to 10,672.27. The Russell 2000 index of small company stocks inched up 0.36 points, or less than 0.1%, to 1,451.82.

Fraud, backlogs disrupt US unemployment benefit payments

Christopher Rugaber and Maryclaire Dale, Associated Press  |  Updated Sep 24th - 2:17pm

Many American workers applying for unemployment benefits after being thrown out of a job by the coronavirus face a new complication: States' efforts to prevent fraud have delayed or disrupted their payments.

Asian shares fall as caution sets in after Wall St retreat

Yuri Kageyama, Associated Press  |  Updated Sep 23rd - 9:04pm

Asian shares were mostly lower Thursday as caution set in after a retreat on Wall Street driven by a decline in technology shares.

New SUV is next step in VW's post-scandal electric offensive

David McHugh and Tom Krisher, Associated Press  |  Updated Sep 23rd - 4:22pm

Volkswagen is unveiling a battery-powered sport-utility vehicle that is headed for global markets including the United States and China, as the company takes a major step forward in its campaign to make electric cars a mass-market choice.

Utility equipment eyed as possible source of fire near LA

Christopher Weber, Associated Press  |  Updated Sep 23rd - 2:48pm

Federal investigators are looking into whether a huge wildfire near Los Angeles was sparked by Southern California Edison utility equipment, according to the company.

Lawsuit asks court to force Facebook to ban militia posts

Todd Richmond, Associated Press  |  Updated Sep 23rd - 2:41pm

Facebook can't be trusted to enforce its ban on violent rhetoric in the run-up to the November elections, as is evident by its refusal to remove a group's call to arms to protect businesses in Kenosha last month before a night of unrest in which two protesters were shot and killed, according to a federal lawsuit filed Wednesday.

Lebanon asks world's help 'trying to rise from its rubble'

Zeina Karam, Associated Press  |  Updated Sep 23rd - 2:31pm

Facing an economic meltdown and other crises, Lebanon’s president on Wednesday asked for the world's help to rebuild the capital's main port and neighborhoods that were blown away in last month’s catastrophic explosion.

US firm pleads guilty to paying bribes in Brazil, Venezuela

Joshua Goodman, Associated Press  |  Updated Sep 23rd - 2:05pm

A major U.S. asphalt company agreed to pay $16.6 million in fines while pleading guilty Tuesday to federal charges that it paid millions in bribes to officials in Brazil, Ecuador and Venezuela for almost a decade to win lucrative contracts.

Wells Fargo CEO apologizes for comments about diversity

Ken Sweet, Associated Press  |  Updated Sep 23rd - 2:04pm

Wells Fargo CEO Charles Scharf apologized Wednesday for comments he made suggesting it is difficult to find qualified Black executives in the financial industry.

Americans load up on candy, trick or treat - or not

Dee-ann Durbin, Associated Press  |  Updated Sep 23rd - 1:20pm

Americans may not know if trick or treating will happen this year because of the pandemic, but they’re buying a lot of Halloween candy while they wait to find out.

CEO of Minnesota Public Radio's parent to step down

The Associated Press  |  Updated Sep 23rd - 12:31pm

The president and CEO of the parent company of Minnesota Public Radio and American Public Media plans to step down, an announcement that came the same day employees released a letter saying the company has fostered a harmful working environment for women and journalists of color.

Tumultuous trading continues on Wall Street

The Associated Press  |  Posted Sep 23rd - 12:22pm

Stock indexes are falling in afternoon trading as Wall Street’s tumultuous month continues. The S&P 500 was 0.6% lower after giving up an earlier gain. The Dow and the Nasdaq were also down. Nike jumped to one of the biggest gains in the S&P 500 after reporting stronger profit than analysts expected. Airlines and other companies that would benefit from a reopening economy rose slightly. But several Big Tech stocks are weakening, the latest drops in their September swoon.

Disney delays 'Black Widow,' Spielberg's 'West Side Story'

Jake Coyle, Associated Press  |  Updated Sep 23rd - 12:04pm

The Walt Disney Co. has further postponed its next mega-movies from Marvel, including “Black Widow,” while also postponing Steven Spielberg's “West Side Story” a full year in the company's latest recalibration due to the pandemic.