Business News

AP
  • ()

DEARBORN, Mich. (AP) — Automakers sought flexibility while environmental groups blasted the Trump administration's proposal to roll back fuel economy standards at a public hearing on the plan in the industry's backyard.

AP
  • Updated
  • ()

BEIJING (AP) — Asian stock markets were mostly lower Tuesday after a Chinese government report accusing the Trump administration of bullying other countries dampened hopes for a settlement in their escalating tariff war.

AP

NEW YORK (AP) — Subscription radio company SiriusXM says it's buying music streaming service Pandora Media Inc. in a deal valued at about $3.5 billion that will allow it to expand its service beyond cars and into mobile devices and homes.

AP
  • Updated
  • ()

UNITED NATIONS (AP) — President Donald Trump raised hopes at the United Nations on Monday that a second meeting with North Korea's Kim Jong Un could occur "quite soon," striking a conciliatory tone one year after he used his debut at the U.N. to deride the autocrat as "Little Rocket Man" and…

AP
  • Updated
  • ()

NEW YORK (AP) — President Donald Trump made reducing drug prices a key promise during his election campaign, repeatedly accusing drugmakers of "getting away with murder." At the end of May, he promised that drug companies would be announcing "massive" voluntary drug price cuts within two weeks.

AP
  • Updated
  • ()

WASHINGTON (AP) — The Federal Reserve is set this week to raise interest rates for a third time this year to prevent the economy from growing too fast. But with President Donald Trump's trade fights posing a risk to the U.S. economy, the Fed may soon be ready to slow its hikes.

AP
  • Updated
  • ()

NEW YORK (AP) — Recent crackdowns targeting the sex-for-hire industry have reduced the number of commercial ads on the internet and helped fight online trafficking. But activists and police say the efforts may have had unintended consequences — landing women and girls back on the streets, wh…

AP
  • Updated
  • ()

BEIJING (AP) — China and the United States imposed new tariff hikes on each other's goods Monday and Beijing accused Washington of bullying, giving no sign of compromise in an intensifying battle over technology that is weighing on global economic growth.

AP
  • Updated
  • ()

LIVERPOOL, England (AP) — Britain's main opposition Labour Party confirmed Sunday it will hold a major debate on Brexit at its party conference this week, buoying Labour members hoping to stop the country from leaving the European Union.

AP
  • Updated
  • ()

WASHINGTON (AP) — Farmers across the United States will soon begin receiving government checks as part of a billion-dollar bailout to buoy growers experiencing financial strain from President Donald Trump's trade disputes with China.

AP
  • Updated
  • ()

MACON, Ga. (AP) — The scent of fresh-baked biscuits filled the kitchen at Stratford Academy on a September morning. While one cafeteria helper loaded trays of bacon into the oven for the upcoming breakfast break, two others chopped up piles of squash, carrots and Brussels sprouts.

AP
  • Updated
  • ()

WASHINGTON (AP) — For the first time since 2005, the U.S. Army missed its recruiting goal this year, falling short by about 6,500 soldiers, despite pouring an extra $200 million into bonuses and approving some additional waivers for bad conduct or health issues.

AP
  • Updated
  • ()

KAMPALA, Uganda (AP) — Hundreds of solemn people watched Friday as body after body was pulled from a capsized ferry that Tanzanian authorities said was badly overcrowded and upended in the final stretch before reaching shore. The death toll was above 130 but horrified witnesses feared that w…

AP
  • Updated
  • ()

LONDON (AP) — British Prime Minister Theresa May accused the European Union on Friday of creating an "impasse" in divorce negotiations by bluntly rejecting her blueprint for Brexit, sending the value of the pound falling as worries about a chaotic U.K. exit from the EU soared.

AP
  • Updated
  • ()

FORT WORTH, Texas (AP) — American Airlines is threatening to prohibit customers from making changes to nonrefundable tickets if Congress makes good on a proposal to crack down on what critics call unreasonable airline fees.

AP
  • Updated
  • ()

WASHINGTON (AP) — A rising stock market lifted U.S. household wealth to a record $106.9 trillion in the April-June quarter, the culmination of a decade of economic recovery but a gain that is concentrated largely among the most affluent.

AP
  • ()

SAVANNAH, Ga. (AP) — The executive director of Georgia's seaports says the state will need to replace the towering suspension bridge that ships pass beneath to reach the Port of Savannah to make room for larger cargo vessels expected within the next 15 years.

AP
  • Updated
  • ()

WILMINGTON, N.C. (AP) — Duke Energy activated a high-level emergency alert at a retired coal-fired power plant in North Carolina as floodwaters from the nearby Cape Fear River overtopped an earthen dike there and inundated a large lake, raising concerns of a potential breach.

AP
  • Updated
  • ()

LONDON (AP) — Comcast and 21st Century Fox will settle their battle for control of broadcaster Sky through a rare auction designed to put an end to months of offers and counteroffers from the American media empires seeking a foothold in the European pay TV market.

AP
  • Updated
  • ()

SINGAPORE (AP) — Asian markets were mostly higher on Thursday with narrow trading after news of a fresh round of tariffs by the U.S. on $200 billion in Chinese goods received a muted reaction on Wall Street.

AP
  • Updated
  • ()

MIDDLETON, Wis. (AP) — A heavily armed man opened fire on his co-workers at a Wisconsin software company Wednesday, seriously wounding three people before being fatally shot by police as employees ran from the building or hid inside, according to investigators.

AP
  • Updated
  • ()

HARTFORD, Conn. (AP) — Lawmakers from New York and Connecticut have joined environmental groups in ramping up efforts to block the federal government from selling a mysterious piece of land in Long Island Sound that for years has housed a government animal disease research facility.

We're always interested in hearing about news in our community. Let us know what's going on!