Latest Business News

Things to Know about 2 Atlantic City casino reopenings

Jun. 24, 2018 12:32 PM EDT

ATLANTIC CITY, N.J. (AP) — When four of Atlantic City's 12 casinos shut down in 2014 and a fifth followed two years later, it seemed to many that the city's gambling industry was in an irreversible death spiral. But things have been looking up since then for Atlantic City, due in no small part to the fact...

'Jurassic World' sequel stomps its way to $150 million debut

Jun. 24, 2018 12:03 PM EDT

NEW YORK (AP) — The dinosaurs still rule the box office. "Jurassic World: Fallen Kingdom" surpassed expectations to open with an estimated $150 million in ticket sales in U.S. and Canada theaters over the weekend. While that total didn't approach the record-breaking debut of 2015's "Jurassic" reboot, it...

Some boosters want South Dakota's Augustana on bigger stage

Jun. 24, 2018 11:01 AM EDT

Perhaps the biggest proponent of taking a small private university in South Dakota into the realm of big-time college athletics is a longtime hospital administrator who thinks as big as his 6-foot-6 frame. Sanford CEO Kelby Krabbenhoft, who has raised hundreds of millions of dollars and schmoozed with...

Egypt's president approves law for ride-hailing apps

Jun. 24, 2018 10:47 AM EDT

CAIRO (AP) — Egypt's President Abdel-Fattah el-Sissi approved a law governing popular ride-hailing apps Uber and Careem after the companies appealed a court ruling that revoked their licenses, the country's official gazette reported Sunday. The law establishes the basis for operating licenses and fees, and...

US imported more seafood in 2017 than any prior year

Jun. 24, 2018 10:21 AM EDT

PORTLAND, Maine (AP) — The United States imported more seafood last year than at any point in its history, and the nation's trade deficit in the sector is growing, federal data show. The U.S. imported more than 6 billion pounds of seafood valued at more than $21.5 billion in 2017, according to data from...

Retailers experiment with blue lights to deter drug use

Jun. 24, 2018 9:41 AM EDT

WILKES-BARRE, Pa. (AP) — Colored bulbs cast an eerie blue glow in the restroom of a convenience store where people who inject heroin and other drugs have been seeking the relative privacy of the stalls to shoot up. The blue lights are meant to discourage people from using drugs in store bathrooms by making...

Etihad to loan pilots to competing UAE airline Emirates

Jun. 24, 2018 9:27 AM EDT

DUBAI, United Arab Emirates (AP) — Long-haul airline Etihad Airways will loan pilots to competing Dubai-based carrier Emirates under a new program, officials acknowledged Sunday, marking a rare cooperation between the two state-owned carriers who operate only 115 kilometers (70 miles) apart. There's always...

Hundreds march in Berlin to demand an end to using coal

Jun. 24, 2018 9:24 AM EDT

BERLIN (AP) — Hundreds of protesters are marching through the German capital to demand an end to burning coal to produce electricity. The demonstrators — many of them families pushing strollers, people on bikes and samba bands — walked through the Berlin's government district on Sunday ahead...

UK euroskeptics urge PM May to prepare for 'no deal' Brexit

Jun. 24, 2018 8:02 AM EDT

LONDON (AP) — Pro-Brexit politicians and business figures have urged British Prime Minister Theresa May to be ready to walk away from the European Union without a trade agreement, despite warnings from major manufacturers that a "no deal" Brexit would be an economic disaster. In an open letter, 60...

BNSF: Estimated 230,000 gallons of oil spilled in derailment

Jun. 23, 2018 5:53 PM EDT

DOON, Iowa (AP) — An estimated 230,000 gallons (870,619 liters) of crude oil spilled into floodwaters in the northwestern corner of Iowa following a train derailment, a railroad official said Saturday. BNSF spokesman Andy Williams said 14 of 32 oil tanker cars just south of Doon in Lyon County leaked oil...