Posts filtered by tags: Ap[x]


Asian stocks modestly higher in quiet holiday trading

TOKYO (AP) — Asian stock indexes were mostly moderately higher in quiet holiday trading on Good Friday as some markets were closed. Japan’s benchmark Nikkei 225 edged up 0.5% to 22,189.01. South Korea’s Kospi rose 0.3% to 2,219.78. The Shanghai Composite was little changed at 3,248.87. Some markets remain closed for the holiday, including in […]
Tags: South Korea, Business, Japan, News, Ap, Nation, Shanghai, Tokyo, Nation & World

Worth the risk? It’s not easy to put a value on a cathedral

LONDON (AP) — Rebuilding Notre Dame, the 800-year-old Paris cathedral devastated by fire this week, will cost billions of dollars as architects, historians and artisans work to preserve the medieval landmark. But contrary to what one might think, little of the money will come from insurance companies. Notre Dame and all of its pre-1905 artworks […]
Tags: Business, London, News, Ap, Nation, Paris, Notre Dame

How does a Central American migrant caravan form?

SAN SALVADOR, El Salvador (AP) — “When does the next caravan leave?” ”Can I go? I’m from Guatemala.” ”What papers do I need for my kids?” The questions pile up on the phones of hundreds of Central Americans, all with the same goal: Get as many details as possible before leaving their country. Costly phone […]
Tags: Business, Technology, News, Ap, Nation, Guatemala, San Salvador El Salvador

Toyota, SoftBank fund, Denso invest $1 billion in Uber

TOKYO (AP) — Japan’s top automaker Toyota, auto parts maker Denso and internet company SoftBank’s investment fund are investing $1 billion in car-sharing Uber’s technology unit. The Japanese companies said Friday that Toyota Motor Corp. and Denso Corp. will together invest $667 million and SoftBank Corp.’s Vision Fund will contribute $333 million in Uber Technologies […]
Tags: Business, Japan, Technology, News, Softbank, Ap, Nation, Tokyo, Toyota, Toyota Motor Corp, Uber Technologies, Softbank Corp, DENSO, Denso Corp, Toyota SoftBank

Ex-EPA chief Pruitt registers as energy lobbyist in Indiana

WASHINGTON (AP) — Scott Pruitt, the scandal-ridden former head of the Environmental Protection Agency, registered as an energy lobbyist in Indiana on Thursday as fossil-fuels interests there are fighting to block the proposed closure of several coal-fired power plants. A lobbying disclosure report for Pruitt provides little insight into precisely what he’s doing in Indiana, […]
Tags: Business, News, Washington, Indiana, Ap, Nation, Epa, Environmental Protection Agency, Scott Pruitt, Pruitt

Celebration of Japan’s new era big opportunity for business

TOKYO (AP) — Japan is getting ready for its biggest celebration in years with the advent of the Reiwa era of soon-to-be emperor Naruhito. That means big opportunities for businesses hoping consumers will splash out on long holidays and memorabilia. Many Japanese will get their longest ever “Golden Week” holidays, 10 days to mark May […]
Tags: Business, Japan, News, Ap, Nation, Tokyo, Naruhito, Nation & World

Japanese father, son appear in Las Vegas in $1.5B fraud case

LAS VEGAS (AP) — Two former investment executives from Japan who appeared in court in Las Vegas are facing criminal fraud charges in what prosecutors call a $1.5 billion international Ponzi scheme. Seventy-year-old Junzo Suzuki and his 40-year-old son, Paul Suzuki, pleaded not guilty Thursday and a federal magistrate set a hearing next Wednesday to […]
Tags: Business, Japan, News, Ap, Nation, Las Vegas, Nation & World, Junzo Suzuki, Paul Suzuki

Missouri House backs landowners fighting wind energy line

JEFFERSON CITY, Mo. (AP) — The Missouri House passed legislation Thursday that could effectively block one of the nation’s largest wind energy projects by prohibiting its developers from using eminent domain to run a high-voltage power line across the Midwest. The House vote targets a $2.3 billion project that would carry electricity generated by Kansas […]
Tags: Business, News, Ap, Nation, House, Kansas, Missouri House, JEFFERSON CITY Mo

Facebook says more Instagram passwords exposed than thought

SAN FRANCISCO (AP) — Millions more Instagram users were affected by a password security lapse than parent company Facebook acknowledged nearly four weeks ago. The social media giant said in late March that it had inadvertently stored passwords in plain text, making it possible for its thousands of employees to search them. It said the […]
Tags: Facebook, Business, Technology, News, San Francisco, Ap, Nation

Arizona lawmakers OK ban on cellphone use while driving

PHOENIX (AP) — The small list of states that allow either texting while driving or hand-held cellphone use is shrinking after the Arizona House on Thursday overwhelmingly approved a cellphone use ban and sent it to Republican Gov. Doug Ducey for his expected signature. Arizona, Missouri and Montana had been the only three states that […]
Tags: Business, Technology, News, Montana, Ap, Nation, Arizona, Phoenix, Arizona House, Doug Ducey, Arizona Missouri

Musk, SEC get another week to reach deal in contempt case

NEW YORK (AP) — Lawyers for Tesla CEO Elon Musk and U.S. securities regulators are getting another week to negotiate a deal to keep Musk from being found in contempt of court. Both sides say in a letter filed Thursday with a federal court in New York that they talked for over an hour this […]
Tags: Business, Elon Musk, New York, Technology, News, Ap, Nation, Musk, Musk SEC

Musk, SEC seek another week to reach deal in contempt case

NEW YORK (AP) — Lawyers for Telsa CEO Elon Musk and the U.S. government are asking for another week to negotiate a deal to keep Musk from being found in contempt of court. Both sides say in a letter filed Thursday with a federal court in New York that they talked for over an hour […]
Tags: Business, Elon Musk, New York, Technology, News, Ap, Nation, Musk, Musk SEC

Dubai arena is latest project unveiled despite weaker growth

DUBAI, United Arab Emirates (AP) — This week, Dubai unveiled its latest megaproject: A stadium in the heart of a super luxe shopping and dining destination. The arena, which will host sports events and concerts, is located in a leisure retail and residential destination called City Walk, which itself is new and was developed by […]
Tags: Business, News, Ap, Nation, Dubai, DUBAI United Arab Emirates

Commission: New NAFTA would deliver modest economic gains

WASHINGTON (AP) — An independent federal agency finds that President Donald Trump’s new North America trade agreement would give the U.S. economy only a modest boost. The International Trade Commission says that Trump’s U.S.-Mexico-Canada agreement would lift the U.S. economy by 0.35%, or $68.2 billion, and add 176,000 jobs six years after it takes effect. […]
Tags: Business, News, Washington, Ap, Nation, North America, Donald Trump, Nafta, International Trade Commission, Trump s U S Mexico Canada

Foxconn says committed to long term Wisconsin job creation

MADISON, Wis. (AP) — Foxconn Technology Group said Thursday it remains committed to “long term” job creation in Wisconsin, after Gov. Tony Evers said it was unrealistic to expect the company to employ 13,000 people as promised. Evers also raised the possibility of renegotiating Foxconn’s contract for a planned factory and development in southeast Wisconsin. […]
Tags: Business, News, Ap, Nation, Wisconsin, Foxconn, Foxconn Technology Group, Madison Wis, Evers, Tony Evers

Two Zooms are soaring after IPO: Did you buy the wrong one?

NEW YORK (AP) — One IPO, two stocks Zooming higher. Investors on Thursday pounced on their first chance to buy shares of Zoom Video Communications, the video-conferencing company that had its initial public offering of stock. Shares opened higher by 81%. But others may have mistakenly bought Zoom Technologies, a company whose stock was trading […]
Tags: Business, New York, Technology, News, Ap, Nation, Zoom Video Communications, Zoom Technologies

Sears sues former chairman Eddie Lampert

NEW YORK (AP) — Sears Holdings Corp. is suing its former chairman and largest shareholder Eddie Lampert, alleging the billionaire stripped the once iconic company of more than $2 billion in assets. The lawsuit also names former Sears directors, including U.S. Treasury Steven Mnuchin as well as executives at Lampert’s hedge fund ESL. Sears, which […]
Tags: Business, New York, News, Ap, Sears, U S Treasury, Sears Holdings Corp, Eddie Lampert, Lampert, Steven Mnuchin

Lockdown: Notre Dame’s neighborhood isolated since fire

PARIS (AP) — The neighborhood around Notre Dame Cathedral is usually buzzing with tourists all year. Now the shops and cafés are empty and the streets eerily quiet. Since Monday’s fire, half the island in the middle of the Seine has been closed to visitors. Residents who have the right to cross the safety cordons […]
Tags: Business, News, Ap, Nation, Paris, Notre Dame, Seine, Notre Dame Cathedral

New Mexico panel blindsides Facebook with $39M utility bill

ALBUQUERQUE, N.M. (AP) — A powerful New Mexico regulatory authority is requiring the state’s largest utility to bill Facebook $39 million for a new transmission line construction. The Albuquerque Journal reports the Public Regulation Commission’s on Tuesday ordered Public Service Company of New Mexico to charge Facebook for nearly half the cost of the $85 […]
Tags: Facebook, Business, Technology, News, Ap, Nation, New Mexico, Albuquerque, Albuquerque Journal, Public Regulation Commission, Public Service Company of New Mexico

Marvel closes a decade-long story with ‘Avengers: Endgame’

LOS ANGELES (AP) — About five years ago, Marvel Studios president Kevin Feige found himself on a retreat in Palm Springs plotting the future for the wild, experimental “cinematic universe” that he helped start in 2008 . He wanted to do something that they hadn’t done. He wanted an ending. And after a quick pitch […]
Tags: Business, Movies, News, Entertainment, Los Angeles, Ap, Nation, Marvel Studios, Palm Springs, Kevin Feige, ` Avengers

Erdogan lashes out at Financial Times over report on economy

ANKARA, Turkey (AP) — Turkey’s president has lashed out at the Financial Times and other western media, accusing them of falsely portraying the economy as being on the brink of collapse. Recep Tayyip Erdogan spoke Thursday after the Financial Times reported that Turkey’s Central Bank had bolstered its foreign currency reserves with short-term borrowed money, […]
Tags: Business, News, Turkey, Ap, Nation, Erdogan, Financial Times, Central Bank, Tayyip Erdogan, Ankara Turkey

Nissan ex-chair Ghosn appeal on extended detention rejected

TOKYO (AP) — Japan’s top court has rejected an appeal by former Nissan Chairman Carlos Ghosn’s lawyers against his extended detention after his fourth arrest on allegations of financial misconduct. The decision Wednesday, conveyed to foreign media on Thursday, turns down the appeal by Ghosn’s lawyers against an extension of his detention through April 22 […]
Tags: Business, Japan, News, Ap, Nation, Tokyo, Nissan, Ghosn, Carlos Ghosn

Jet Airways’ lenders hope bidding process can save airline

NEW DELHI (AP) — Creditors of India’s beleaguered Jet Airways say they are “reasonably hopeful” that a bidding process with potential investors for a controlling stake in the airline will save the company. The consortium of 26 lenders led by State Bank of India released the statement Thursday following cash-starved Jet Airways’ decision late Wednesday […]
Tags: Business, News, India, Ap, Nation, New Delhi, Jet Airways, State Bank of India, Nation & World

Asian stocks sink after Wall Street declines

BEIJING (AP) — Asian stocks fell Thursday after Wall Street declined despite encouraging Chinese economic data. Benchmarks in Shanghai, Tokyo, Seoul and Hong Kong all retreated. Sydney was little-changed. U.S. stocks fell despite data showing Chinese gross domestic product growth held steady in the latest quarter in the face of a tariff war with Washington […]
Tags: Hong Kong, Business, News, Washington, Wall Street, Ap, Beijing, Nation, Sydney, Shanghai Tokyo Seoul

Pinterest prices public offering at $19 per share

SAN FRANCISCO (AP) — Pinterest is pricing its shares at $19 for its initial public offering Thursday, putting it on track to raise more than $1.4 billion. The digital scrapbooking and image search site said last week it expected to sell 75 million shares at a price between $15 and $17 each. The company will […]
Tags: Business, Technology, News, San Francisco, Ap, Nation

United Airlines trims growth plan for 2019

DALLAS (AP) — The grounding of its Boeing 737 Max jets is causing United Airlines to trim growth plans for this year, and the carrier expects to discuss potential compensation with Boeing. United claims to be managing the grounding relatively well by pressing spare jets into duty and delaying discretionary maintenance work on other planes. […]
Tags: Business, News, Ap, Nation, Dallas, Boeing, United Airlines, Boeing United

Trump administration seeks to boost Opportunity Zones

WASHINGTON (AP) — The Trump administration is proposing new regulations aimed at making it easier for investors to take advantage of tax breaks for investing in ‘Opportunity Zones’ in low-income areas. The proposed regulations issued by the Treasury Department seek to clear up questions that were keeping some investors from using the tax incentives. President […]
Tags: Business, News, Washington, Ap, Nation, Trump, Treasury Department

Fed survey finds economy expanding at moderate pace

WASHINGTON (AP) — The Federal Reserve says the economy was expanding at a “slight-to-moderate pace” in March and early April, with some regions seeing signs of strengthening after a winter slowdown. In its latest report on economic conditions around the country, the Fed says that the reports on manufacturing were favorable, although some business contracts […]
Tags: Business, News, Washington, Ap, Federal Reserve, Fed

Some of Samsung’s folding phones are already breaking

SAN FRANCISCO (AP) — Some of Samsung’s new $2,000 folding phones appear to be breaking after just a couple of days. Journalists who received the phones to review before the public launch say the Galaxy Fold screen started flickering and turning black before completely fizzling out. A couple of journalists say they removed a thin, […]
Tags: Business, Technology, News, Samsung, San Francisco, Ap, Nation

NTSB investigates American Airlines flight tipped by wind

NEW YORK (AP) — Federal safety officials are investigating an American Airlines flight in which the plane tipped in strong wind and a wingtip hit a runway marker during takeoff from New York’s Kennedy Airport. The pilots cut short the flight to Los Angeles and landed back at JFK about 30 minutes later. No injuries […]
Tags: Business, New York, News, Los Angeles, Ap, Jfk, American Airlines, Ntsb, Kennedy Airport

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