Latest Business News

'Glory to Ukraine': Nationalist groups protest president

Oct. 14, 2019 5:11 PM EDT

KYIV, Ukraine (AP) — Brandishing red flares and shouting "glory to Ukraine," thousands of far-right and nationalist activists marched Monday through Kyiv, protesting President Volodymyr Zelenskiy's leadership and his long-awaited peace plan for eastern Ukraine. Zelenskiy sought to prove his patriotic...

How major US stock indexes fared Monday

Oct. 14, 2019 5:03 PM EDT

Stocks closed with modest losses on Wall Street Monday, a shaky start to the week for the market after its first weekly gain in four weeks. Losses in consumer goods makers, utilities and technology stocks helped outweighed gains in banks and real estate companies. The muted trading followed a rally Friday spurred...

Protests erupt as Spain convicts leading Catalan separatists

Oct. 14, 2019 5:03 PM EDT

BARCELONA, Spain (AP) — Riot police engaged in a running battle with protesters outside Barcelona's airport Monday after Spain's Supreme Court convicted 12 separatist leaders of illegally promoting the wealthy Catalonia region's independence and sentenced nine of them to prison. Police fired foam bullets...

Stocks close slightly lower after choppy day on Wall Street

Oct. 14, 2019 4:58 PM EDT

Stocks capped a wobbly day of trading on Wall Street with modest losses Monday, a shaky start to the week for the market after its first weekly gain in a month. Losses in consumer goods makers, utilities and technology stocks helped outweigh gains in banks and real estate companies. A 2% drop in crude oil prices...

Correction: Opioid Crisis-Purdue story

Oct. 14, 2019 4:55 PM EDT

WHITE PLAINS, N.Y. (AP) — In a story Oct. 11 about Purdue Pharma's bankruptcy case, The Associated Press reported erroneously the first name of the judge handling the case. It is Robert Drain, not Roberts Drain. A corrected version of the story is below: Judge will halt lawsuits against Purdue Pharma, its...

Venezuela boosts worker pay again amid hyperinflation

Oct. 14, 2019 4:43 PM EDT

CARACAS, Venezuela (AP) — Venezuela has dramatically hiked the minimum wage in a move that critics expect will do little to alleviate widespread suffering in the crisis-torn country. Socialist party lawmaker Francisco Torrealba announced Monday that the monthly package of pay and bonuses will equal roughly...

Parsley Energy, Blackstone Group fall; Aecom rises

Oct. 14, 2019 4:39 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Monday. Parsley Energy Inc., down $1.79 to $15.18 The oil and gas company is buying Jagged Peak Energy in an all-stock deal. Aecom, up $2.34 to $39.50 The provider of technical and management-support services is considering selling its...

Has tech made moving nukes safe enough? Depends whom you ask

Oct. 14, 2019 4:37 PM EDT

RENO, Nev. (AP) — The plutonium core for the first atomic weapon detonated in 1945 was taken from Los Alamos National Laboratory to a test site in the New Mexico desert in the backseat of a U.S. Army sedan. Officials put other bomb parts inside a metal container, packed it into a wooden crate and secured...

Markets Right Now: US-China trade worries weigh on markets

Oct. 14, 2019 4:05 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Major U.S. stock indexes edged lower on Wall Street, a shaky start to the week for the market after the S&P 500 notched its first weekly gain in four weeks. Losses in consumer goods makers, utilities and...

'Nothing-burger': US-China truce leaves big issues for later

Oct. 14, 2019 3:56 PM EDT

WASHINGTON (AP) — President Donald Trump heralded a breakthrough in U.S.-China trade talks, and markets rallied in relief over a de-escalation in tensions between the world's two biggest economies. But closer inspection suggests there isn't much substance, at least not yet, to the temporary truce Trump...