Posts filtered by tags: Nation[x]


Greens triumph as German governing parties perform poorly

BERLIN (AP) — Germany’s governing parties were headed for their worst post-World War II showing in a nationwide election on Sunday amid discontent with their stuttering performance over the past year, with the Greens surging to second place in the European Parliament vote amid increasing concern about climate change. Projections for ARD and ZDF public […]
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Rent spikes, gig jobs among bills facing legislative action

SACRAMENTO, Calif. (AP) — The California Legislature faces key decisions this week, including trying to reign in police use of force, prevent rent spikes, and alter labor laws affecting workers in the gig economy. Friday is the deadline for the Assembly and Senate to pass or reject bills that originated in each chamber. If they […]
Tags: Business, Health, Nation

‘Aladdin’ soars, but ‘Booksmart’ barely passes at box office

LOS ANGELES (AP) — Moviegoers have voted with their dollars and chosen the familiar over the new this Memorial Day weekend. The Walt Disney Co.’s live-action remake of “Aladdin” has crushed the competition at the box office including the critically acclaimed teen comedy “Booksmart” and the horror movie “Brightburn.” Studios on Sunday say “Aladdin” grossed […]
Tags: Business, Entertainment, Movies, Nation

German business with Iran down sharply as US sanctions bite

BERLIN (AP) — A German business group says German companies’ trade with Iran has declined sharply as the United States turns up the economic heat on Tehran. Volker Treier, the foreign trade chief of the Association of German Chambers of Commerce and Industry, told news agency dpa in comments published Sunday that German exports to […]
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Source: Fiat Chrysler, Renault in talks about alliance

NEW YORK (AP) — Carmaker Fiat Chrysler Automobiles and French automaker Renault are in talks about a possible alliance, as both companies seek to address technological and regulatory challenges in the industry. A person with knowledge of the matter confirmed the advanced discussions, first reported by the Financial Times. The person spoke on condition of […]
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Where US home affordability is the worst

WASHINGTON (AP) — Living by the beach is becoming even more cost prohibitive. While many Americans know about the sky-high costs of housing in New York City or Seattle, affordability is increasingly the worst in areas where the wealthy vacation and a large share of local workers cater to their needs. The trend taps into […]
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Young homebuyers scramble as prices rise faster than incomes

SALT LAKE CITY (AP) — For millennials looking to buy their first home, the hunt feels like a race against the clock. In the seven years since the housing crash ended, home values in more than three-quarters of U.S. metro areas have climbed faster than incomes, according to an Associated Press analysis of real estate […]
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Japan trade a problem for Trump, but not as bad as China

TOKYO (AP) — When President Donald Trump visits Japan, he’ll be able to point to Tokyo’s streets to drive home a sore point in trade relations between the allies: the absence of made-in-USA vehicles. The $70 billion Japanese trade surplus with the U.S. is dwarfed by China’s $379 billion surplus, and the trade tensions between […]
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Health tax splits California amid need for Trump’s approval

SACRAMENTO, Calif. (AP) — California lawmakers are headed toward a confrontation with Gov. Gavin Newsom over whether to keep a tax that can generate nearly $2 billion for low-income health benefits but means approval from the Trump administration amid a feud between state and federal officials. Senate and Assembly budget committees finished their versions of […]
Tags: Health, Business, News, Nation

Report: Real estate title firm exposes data in 885M flies

SANTA ANA, Calif. (AP) — A respected security blog is reporting that a flaw on the website of a major real estate title company exposed the bank account numbers and other sensitive information contained in 885 million files. Krebs On Security says the data collected by First American Financial could have been viewed by anyone […]
Tags: Business, Technology, News, Nation

3 injured in fire that destroyed Nebraska fertilizer plant

HASTINGS, Neb. (AP) — Crews have contained a large fire at a Nebraska fertilizer plant that injured three people and destroyed the plant. The fire was reported about 11:30 p.m. Thursday at the Cooperative Producers Inc. dry fertilizer plant in Hastings and was contained just before 4 a.m. Friday. The blaze forced authorities to close […]
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Ex-Facebook exec recommends Zuckerberg step down as CEO

SAN FRANCISCO (AP) — Facebook’s former security chief is disagreeing with calls to break up the social network. Instead, Alex Stamos believes the way to fix problems is for Mark Zuckerberg to step aside as CEO. Facebook co-founder Chris Hughes and other critics contend that government regulators should require Facebook to spin off popular services […]
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May’s relationship with EU was often rocky

BRUSSELS (AP) — As British Prime Minister Theresa May announced her departure with a Brexit plan nowhere near success, European Union leaders offered kind words. But it was quite another matter during the years of negotiations with the bloc that often produced exasperation, miscommunication and even some ridicule of her. EU Commission President Jean-Claude Juncker, […]
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Volkswagen names new chief executive at Tennessee plant

CHATTANOOGA, Tenn. (AP) — German auto maker Volkswagen has named a new chief executive at its factory in Chattanooga, Tennessee. Plant spokeswoman Amanda Plecas said in a phone interview Friday that Frank Fischer has been named the new CEO at the factory where 3,800 workers produce the Passat and Atlas vehicles. Plecas said employees were […]
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Botswana hires Hollywood firm to fight elephant hunting PR

WASHINGTON (AP) — A public relations firm with deep Hollywood ties was enlisted by the Botswanan government to fight bad publicity generated by the southern African nation’s decision to lift its ban on elephant hunting. The firm 42 West is mostly known for its work with film industry celebrities, but it notified the U.S. Justice […]
Tags: Business, News, Entertainment, Nation

CEO Pay: When investors say “nay” on spiraling packages

NEW YORK (AP) — Shareholders are still voting overwhelmingly in favor of big pay packages for CEOs, but there are more pockets of resistance eight years after “Say on Pay” became a mandatory exercise at annual meetings. Median pay for CEOs at the biggest U.S. companies climbed 7% to $12 million last year, according to […]
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US stocks rebound, but still face losses for the week

NEW YORK (AP) — U.S. stocks rebounded in morning trading on Wall Street Friday, but were still on track for a third straight week of losses. The market has been swaying between gains and losses all week as investors face the prospect that the trade war between the U.S. and China will drag on longer […]
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Tesla’s bad news accelerates as Wall Street loses faith

Late last year, Tesla Inc. was fully charged and cruising down the highway on Autopilot. Shares were trading above $370 each, sales of the Model 3 small electric car were strong and the company had appointed a new board chair to rein in the antics of sometimes impulsive CEO Elon Musk. But around the middle […]
Tags: Business, Nation, Technology

SpaceX launches 60 little satellites, 1st of thousands

CAPE CANAVERAL, Fla. (AP) — SpaceX has launched 60 little satellites, the first of thousands that founder Elon Musk plans to put in orbit for global internet coverage. The recycled Falcon rocket blasted off from Cape Canaveral, Florida, late Thursday. The first-stage booster landed on an ocean platform, as the tightly packed cluster of satellites […]
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Markets Right Now: Stocks rebound, led by tech companies

NEW YORK (AP) — The latest on developments in financial markets (all times local): 9:35 a.m. Stocks are rising at the open on Wall Street Friday, led by gains in technology companies, as the market tries to rebound from steep losses a day earlier. Intuit gained 4.8% after the maker of TurboTax reported quarterly earnings […]
Tags: Business, Nation

Michigan Legislature on brink of vote to cut auto premiums

LANSING, Mich. (AP) — Michigan lawmakers are poised to vote on legislation to cut the state’s high car insurance premiums following progress in negotiations between Republican leaders and Democratic Gov. Gretchen Whitmer. The Legislature is convening for a rare Friday session, when a bill is scheduled for a vote in the House and then the […]
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Indian Prime Minister meets party leaders after election win

NEW DELHI (AP) — India’s Prime Minister Narendra Modi has been meeting with leaders of his Bharatiya Janata Party fresh off his party’s thunderous victory in the general elections. A party official says Modi has arranged to meet with Cabinet members Friday evening. The Election Commission says the BJP won 301 out of the 525 […]
Tags: Business, Nation, Nation & World

Global shares bounce back after Wall Street sell-off

TOKYO (AP) — Global shares have bounced back following an overnight sell-off on Wall Street. Britain’s FTSE 100 jumped 0.6% to 7,270.62 early Friday as Prime Minister Theresa May announced plans to resign as of June 7. France’s CAC 40 added 0.8% to 5,324.03, while Germany’s DAX rose nearly 0.9% to 12,057.02. U.S. shares also […]
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Asia shares retreat on fears China-US trade row might spread

TOKYO (AP) — Asian shares were mostly lower on Friday as worries that the trade standoff between the U.S. and China might expand put investors in a selling mood. Japan’s benchmark Nikkei 225 fell 0.2% to finish at 21,117.22. Australia’s S&P/ASX 200 lost 0.6% at 6,456.00. South Korea’s Kospi dropped 0.8% to 2,043.43. Hong Kong’s […]
Tags: Business, Nation, Nation & World

China media accuse US of plot to ‘colonize global business’

BEIJING (AP) — Stepping up a propaganda offensive against Washington, China’s state media on Friday accused the U.S. of seeking to “colonize global business” by targeting telecom equipment giant Huawei and other Chinese companies. There was no word from either side of progress about resuming talks on ending a tariff war between the world’s two […]
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China media accuses US of plot to ‘colonize global business’

BEIJING (AP) — China’s state media has unleashed fresh attacks on the U.S. as the tariff war between world’s two largest economies continues. The China Daily newspaper on Friday accused Washington of seeking to “colonize global business” by targeting Chinese firms. The Global Times accused the U.S. of “hegemonic hubris” and launching a “global assault” […]
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AP Explains: How retirement legislation impacts consumers

Americans generally do not have enough saved for retirement and Congress is considering a number of measures to address that. There are a few retirement-related bills of note making their way through Congress. One in particular, the Secure Act, gained significant traction this week. The House voted to approve it Thursday and it is widely […]
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India’s Modi facing urgent economic challenges after win

NEW DELHI (AP) — Dissatisfaction with India’s lagging economy didn’t deter voters from handing Prime Minister Narendra Modi and his Hindu nationalist party a landslide parliamentary election victory. Now, they’ll be expecting something in return: faster, bolder action on long-promised reforms to transform the economy and improve the lives of India’s 1.3 billion people. Modi […]
Tags: Business, Nation

Family of incapacitated woman who was raped blames Arizona

PHOENIX (AP) — The parents of an incapacitated woman who was raped and later gave birth at a Phoenix long-term care center alleges in a $45 million legal claim that the facility and state broke their promise to have only female caregivers tend to their daughter. A nurse charged with sexually assaulting the 30-year-old patient […]
Tags: Business, Health, Nation

Trump mulls bypassing Congress on Saudi arms sales

WASHINGTON (AP) — U.S. officials say the Trump administration is considering an emergency declaration that would allow it to make a new arms shipment to Saudi Arabia without the approval of Congress. Two officials say a decision on invoking a national security waiver in the Arms Control Act to bypass congressional review of proposed sales […]
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