Latest Business News

Patients rally in Ecuador for legal use of medical cannabis

Dec. 16, 2019 12:00 AM EST

QUITO, Ecuador (AP) — Unrelenting pain in her hips and weeks of insomnia left Nelly Valbuena desperate for relief from her metastatic breast cancer. The university professor found freedom from her disease’s cruel side effects in an unexpected remedy: CBD, a compound extracted from the cannabis...

Japan, South Korea hold export talks, seek dispute solution

Dec. 16, 2019 12:00 AM EST

TOKYO (AP) — Senior officials from Japan and South Korea were holding talks Monday on high-tech exports for the first time since Tokyo tightened controls on South Korean semiconductor parts earlier this year. The director-general level meeting was taking place in Tokyo between Yoichi Iida of Japan's Trade...

In reversal, Hallmark will reinstate same-sex marriage ads

Dec. 15, 2019 11:32 PM EST

NEW YORK (AP) — The Hallmark Channel, reversing what it called a “wrong decision,” said Sunday it will reinstate commercials featuring same-sex couples that it had pulled following a complaint from a conservative group. The earlier decision by Crown Media, Hallmark's parent company, to pull...

Report: Boeing considers cutting production of 737 Max

Dec. 15, 2019 8:10 PM EST

SEATTLE (AP) — Boeing may cut production of the grounded 737 Max jet or temporarily stop making it after being told that its timetable for a return to the skies was not realistic, according to a published report Sunday. The Wall Street Journal reported that Boeing’s board would consider the moves...

IFF to merge with DuPont Nutrition and Biosciences unit

Dec. 15, 2019 6:02 PM EST

NEW YORK (AP) — International Flavors and Fragrances is merging with DuPont's Nutrition and Biosciences unit in a $26.2 billion deal that would form a new company. The deal announced Sunday would give DuPont shareholders 55.4% of the new company's shares, while IFF shareholders will get 44.6%. When the...

Mexico trade negotiator: We'll never accept US 'inspectors'

Dec. 15, 2019 4:41 PM EST

MEXICO CITY (AP) — Mexico’s trade negotiator for North America said Sunday that Mexico categorically opposes allowing foreign labor inspectors to operate in the country, saying that was not contemplated in the recent agreement with Washington and Ottawa on the USMCA pact to replace the North...

Retiring Farmers Union president: Family farms still viable

Dec. 15, 2019 11:22 AM EST

BISMARCK, N.D. (AP) — As Roger Johnson prepares to step down after 11 years leading the National Farmers Union group, he’s well aware of the many challenges facing its members: a painful trade war, the effects of climate change and the march of farm consolidation. But Johnson, a North Dakota native,...

No letup for UK lawmakers: Johnson presses ahead with Brexit

Dec. 15, 2019 10:52 AM EST

LONDON (AP) — There will be no letup for U.K. lawmakers worn out after Britain’s bruising election campaign. Prime Minister Boris Johnson is set to begin “before Christmas” the push to secure Parliamentary approval for his Brexit deal. Buoyed by its landslide victory in Thursday's...

Fire in Bangladesh factory kills at least 10

Dec. 15, 2019 10:23 AM EST

DHAKA, Bangladesh (AP) — At least 10 people were killed in a fire at a factory outside Bangladesh's capital on Sunday, the second deadly factory fire in the area in less than a week, officials said. The fire broke out Sunday evening in the Luxury Fan Factory in the Gazipur area outside of Dhaka. Ten bodies...

Greta Thunberg, German railway company in tweetstorm

Dec. 15, 2019 10:13 AM EST

BERLIN (AP) — Climate activist Greta Thunberg and Germany's national railway company created a tweetstorm Sunday after she posted a photo of herself sitting on the floor of a train surrounded by lots of bags. The image has drawn plenty of comment online about the performance of German railways. Thunberg...