Business News

AP Top Business News at 11:13 a.m. EDT

Uber to lose its license to operate in London
LONDON (AP) -- Uber's license to operate in London won't be renewed because its practices endanger public safety and security, the local regulator said Friday, in a blow to a company already facing big questions over its corporate culture....

Timeline: Uber's trouble in London caps rough year
LONDON (AP) -- London's decision to not renew Uber's license extends a run of bad news for the company this year. There have been lawsuits, allegations of sexual harassment and a profanity-laced outburst by its CEO that was caught on video....

Solar boom or bust? Companies seek tariffs on solar imports
WASHINGTON (AP) -- Cheap solar panels imported from China and other countries have led to a boom in the U.S. solar industry, where rooftop and other installations have surged 10-fold since 2011....

China: Trump bank ban statement 'not consistent' with facts
BEIJING (AP) -- U.S. President Donald Trump's announcement that Beijing told its banks to stop dealing with North Korea is "not consistent with the facts," a Chinese foreign ministry spokesman said Friday, but he gave no indication what steps China might be taking....

Trump piles on new economic sanctions against North Korea
NEW YORK (AP) -- President Donald Trump has added economic sanctions to his fiery military threats against North Korea, and renewed his rhetorical offensive against Kim Jong Un on Friday, calling the reclusive leader "obviously a madman."...

US stock indexes waver in early trading; oil flat
The major U.S. stock indexes wavered in early trading Friday as losses by technology companies mostly outweighed gains by oil companies. Financial stocks also headed lower as bond yields declined. Oil prices were flat....

The Latest: Rand Paul responds to Trump's tweet
WASHINGTON (AP) -- The Latest on health care legislation (all times local):...

Heading to Mexico? Busiest US crossing closing this weekend
SAN DIEGO (AP) -- The busiest border crossing in the United States will close this weekend to the more than 40,000 cars that pass through it daily to Mexico....

Theresa May: UK seeks 2-year transition period after Brexit
FLORENCE, Italy (AP) -- Britain is prepared to abide by European Union rules and pay into the bloc's coffers for two years after leaving the EU in March 2019, Prime Minister Theresa May said Friday in a conciliatory speech intended to revive foundering Brexit talks....

The Latest: UK's May: Irish border won't see new barriers
LONDON (AP) -- The Latest on British Prime Minister Theresa May's speech on Brexit (all times local):...

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