Latest Business News

Coal mine accident in eastern China leaves 22 trapped

Oct. 21, 2018 1:38 AM EDT

BEIJING (AP) — Twenty-two people are trapped in a coal mine in China after a rock burst destroyed part of a mining tunnel, officials said Sunday. The spontaneous fracturing of rock — a kind of earthquake induced by excavation — took place around 11 p.m. Saturday in eastern Shandong province,...

Nevada Republicans whip up fears of California's influence

Oct. 20, 2018 8:06 PM EDT

LAS VEGAS (AP) — The Republicans running in Nevada's hotly contested races for governor and U.S. Senate are taking aim at a common target as they try to maintain GOP control of the seats: California. As more Californians have poured across the state line over the past few years, many of them escaping...

Most UK firms to trigger Brexit safety plans 'by Christmas'

Oct. 20, 2018 7:06 PM EDT

LONDON (AP) — The vast majority of British firms are poised to implement their Brexit contingency plans by Christmas if there isn't greater clarity over the country's exit from the European Union, a leading business lobby group warned Sunday. The Confederation of British Industry said these could include...

Amid housing crisis, Reno's motor lodges become last resort

Oct. 20, 2018 6:57 PM EDT

RENO, Nev. (AP) — They were the toast of Reno in the 1950s, when the growing casino industry sparked a boom that for a time turned northern Nevada into the West's top gambling destination. Dozens of downtown motor lodges provided spare but comfortable retreats for motorists who took to the nation's new...

Submarine Vermont christened at Connecticut shipyard

Oct. 20, 2018 3:56 PM EDT

GROTON, Conn. (AP) — The Navy's newest nuclear-powered attack submarine was christened Saturday at a Connecticut shipyard, a $2.7 billion vessel packed with the latest war-fighting technology. The USS Vermont was christened at Electric Boat, the Groton-based contractor that builds attack submarines with...

Foundation tackling workforce development for Nebraska

Oct. 20, 2018 2:55 PM EDT

OMAHA, Neb. (AP) — A foundation that has long supported Nebraska education wants to stimulate the state's workforce. The Aksarben Foundation intends to double the number of people who earn career certification and two-year associate degrees in Nebraska and increase the number of four-year graduates. The...

First new oil wells in years being drilled in shale region

Oct. 20, 2018 2:42 PM EDT

GILLSBURG, Miss. (AP) — An Australian company is drilling new wells in an oil formation that straddles southwest Mississippi and southeast Louisiana, the first new wells drilled in about three years, after a crash in oil prices dried up activity. Australis Oil & Gas Ltd. announced earlier this month...

Energy company pursues third wind farm in South Dakota area

Oct. 20, 2018 2:25 PM EDT

ABERDEEN, S.D. (AP) — An energy company is moving forward with a plan for a new 36-turbine wind farm in northeastern South Dakota. Apex Clean Energy is planning Dakota Range Wind III in Roberts and Grant counties, the Aberdeen American News reported. The proposed wind farm would be the Virginia-based...

Minnesota frozen food company recalls pork, chicken products

Oct. 20, 2018 2:12 PM EDT

ST. PAUL, Minn. (AP) — Authorities say a Minnesota frozen food and packing company is recalling more than 212,000 pounds of ready-to-eat pork and chicken products that contain vegetables that might be contaminated with salmonella and listeria. The Agriculture Department said in a release issued Friday that...

Marchers clog streets of London to demand new Brexit vote

Oct. 20, 2018 1:40 PM EDT

LONDON (AP) — Hundreds of thousands of protesters opposed to Britain's impending exit from the European Union marched through central London on Saturday, demanding a new referendum and to have a say on the government's final Brexit deal with the EU. Organizers say another public vote is needed because new...