Latest New products and services News

China says door open to trade talks, but slams tech controls

May. 23, 2019 7:56 AM EDT

BEIJING (AP) — China held the door open to resuming talks in the tariff war with Washington on Thursday, but lashed out at limits on access to key technologies that it said might hurt global supply chains. Foreign Ministry spokesman Lu Kang said China hopes to restart the talks that broke down earlier this...

Plastics maker investing $9.5M in Mississippi, hiring 50

May. 23, 2019 5:28 AM EDT

SARDIS, Miss. (AP) — A plastics maker is expanding in north Mississippi, investing $9.5 million and hiring 50 workers over four years. United Solutions of Leominster, Massachusetts, announced Tuesday that it will increase production at its Sardis plant, where it makes buckets and other items. The company...

Brazil's Natura announces purchase of Avon Products

May. 22, 2019 6:38 PM EDT

RIO DE JANEIRO (AP) — The Brazilian cosmetics maker Natura announced Wednesday that it is buying Avon Products in an all-stock deal that it valued at $3.7 billion, in move that would create the world's fourth-largest group of beauty products. Shareholders of both companies would have to approve the deal....

UK, Japan mobile operators suspend Huawei 5G phone launches

May. 22, 2019 11:32 AM EDT

LONDON (AP) — British and Japanese mobile phone companies said Wednesday they're putting on hold plans to sell new devices from Huawei, in the latest fallout from U.S. tech restrictions aimed at the Chinese company. Britain's EE and Vodafone and Japan's KDDI and Y! Mobile said they are pausing the launch...

Daimler CEO Zetsche hands off to successor amid tech change

May. 22, 2019 10:03 AM EDT

FRANKFURT, Germany (AP) — Daimler CEO Dieter Zetsche is handing off to his successor after 13 years at the helm warning that the company will need to cut costs to invest in new technologies that are transforming the industry. Zetsche, 66, received prolonged applause from shareholders at the company's...

British Steel collapses, threatening thousands of jobs

May. 22, 2019 9:13 AM EDT

LONDON (AP) — British Steel Ltd has been ordered into liquidation as it struggles with industry-wide troubles and Brexit, threatening 5,000 workers and another 20,000 jobs in the supply chain. The company had asked for a package of support to tackle issues related to Britain's pending departure from the...

Washington is 1st state to allow composting of human bodies

May. 21, 2019 6:34 PM EDT

SEATTLE (AP) — Ashes to ashes, guts to dirt. Gov. Jay Inslee signed legislation Tuesday making Washington the first state to approve composting as an alternative to burying or cremating human remains. It allows licensed facilities to offer "natural organic reduction," which turns a body, mixed with...

Libyan National Army hires firm to forge closer ties with US

May. 21, 2019 5:43 PM EDT

WASHINGTON (AP) — A Libyan general who has gained control of the city of Benghazi and is believed to have ties to the CIA has hired a Texas-based lobbying firm to help him forge closer relations with the U.S. as he seeks to defeat rival militias and consolidate his hold on the North African country. Field...

Jamie Oliver's UK restaurant chain collapses into insolvency

May. 21, 2019 12:50 PM EDT

LONDON (AP) — Celebrity chef Jamie Oliver's British restaurant chain filed for bankruptcy protection on Tuesday, partly due to increased competition and escalating rents in local commercial districts. The insolvency will leave 1,000 people out of work and reignited worries about local retail and food...

Huawei apt to be stripped of Google services after US ban

May. 20, 2019 7:06 PM EDT

Huawei could quickly lose its grip on the No. 2 ranking in worldwide cellphone sales after Google announced it would comply with U.S. government restrictions meant to punish the Chinese tech powerhouse. The Trump administration's move, which effectively bars U.S. firms from selling components and software to...