Latest Business News

UK voters decide who they want to resolve Brexit impasse

Dec. 12, 2019 4:17 AM EST

LONDON (AP) — U.K. voters were deciding Thursday who they want to resolve the stalemate over Brexit in a parliamentary election seen as one of the most important since the end of World War II. Voting was underway across the country in a contest that pits Prime Minister Boris Johnson, who says he will take...

Global shares mixed as Fed leaves rates unchanged

Dec. 12, 2019 4:01 AM EST

TOKYO (AP) — Global shares were mixed Thursday after a wobbly day on Wall Street following the Federal Reserve announcement it would leave interest rates unchanged. Adding to the uncertainties overhanging the markets this week, Britain will vote in a national election Thursday that will likely determine...

Wealthy German family gives millions to Holocaust survivors

Dec. 12, 2019 3:53 AM EST

BERLIN (AP) — One of Germany’s richest families, which owns Krispy Kreme Doughnuts, Pret A Manger and other international brands, is giving millions to support Holocaust survivors as it seeks to atone for its use of forced laborers during the Nazi era and its enthusiastic support of Adolf Hitler,...

What's next: How UK's election Thursday will affect Brexit

Dec. 12, 2019 2:39 AM EST

LONDON (AP) — The national election in Britain on Thursday will bring a new Parliament to power and may lead to a change at the top if Prime Minister Boris Johnson’s Conservative Party doesn't fare well with voters. Johnson called the early election in hopes of gaining lawmakers to support his...

The main parties and policies in the British election

Dec. 12, 2019 2:27 AM EST

LONDON (AP) — The United Kingdom’s 46 million voters are choosing 650 new lawmakers in Thursday’s election for Parliament’s lower House of Commons. Here is a look at the main parties and their policies: The Conservative Party: “Get Brexit Done” is the key message pushed...

Push to accelerate mustang captures draws fire in Congress

Dec. 12, 2019 1:59 AM EST

RENO, Nev. (AP) — Two House committee chairmen are trying to put the brakes on money for a new Trump administration proposal to accelerate the capture of 130,000 wild horses across the West over the next 10 years. Rep. Dina Titus, D-Nevada, whose high-desert state is home to about half the mustangs, also...

Asian shares mixed as Fed leaves rates unchanged

Dec. 11, 2019 9:58 PM EST

TOKYO (AP) — Asian shares were mixed Thursday, after a wobbly day on Wall Street following the Federal Reserve announcement it would leave interest rates unchanged. Japan's benchmark Nikkei 225 edged up 0.2% in early trading to 23,433.83, while Australia's S&P/ASX 200 lost 0.7% to 6,706.90. South...

Coast Guard starts ice-breaking work in western Great Lakes

Dec. 11, 2019 9:46 PM EST

SAULT STE. MARIE, Mich. (AP) — Ice-breaking operations were launched in the western Great Lakes, U.S. Coast Guard officials announced Wednesday. Officials said they have started what they call “Operation Taconite” in Lake Superior and Lake Michigan, as well as northern Lake Huron, Georgian...

State: Water safe around Detroit River aggregate spill

Dec. 11, 2019 9:27 PM EST

DETROIT (AP) — Tests performed near where construction aggregate material spilled into the Detroit River have found the water meets all quality standards, Michigan officials announced Wednesday. The Department of Environment, Great Lakes, and Energy said samples were taken upstream and downstream from the...

Arizona Public Service CEO apologizes for billing tool error

Dec. 11, 2019 9:21 PM EST

PHOENIX (AP) — The new head of Arizona's largest electric utility apologized Wednesday for a faulty bill calculator that was supposed to help customers find the cheapest rate plan but instead steered 10,000 of them to higher-priced options. Arizona Public Service CEO Jeff Guldner told frustrated state...