Latest Business News

Asian shares up on hopes that US, China will solve dispute

Oct. 16, 2018 12:15 AM EDT

SINGAPORE (AP) — Asian markets were mostly higher on Tuesday, though Chinese benchmarks fell after the government reported inflation rose for the fourth straight month. KEEPING SCORE: Japan's benchmark Nikkei 225 added 0.3 percent to 22,317.06. The Kospi in South Korea recovered 0.1 percent to 2,145.71....

After men's razors, Harry's launches shaving brand for women

Oct. 16, 2018 12:12 AM EDT

NEW YORK (AP) — Harry's has carved out a niche selling men shaving razors direct to their doors, elbowing in on an industry long dominated by names like Gillette and Schick. In the process, the company says it found that 1 million women were using its products for their shaving needs. So its logical next...

Q&A: What shoppers need to know about Sears' bankruptcy

Oct. 16, 2018 12:06 AM EDT

NEW YORK (AP) — Sears, once the nation's largest retailer, filed for Chapter 11 bankruptcy protection Monday, hurt by falling sales and its massive debt. The owner of Sears and Kmart stores says it will continue to operate through the bankruptcy. Here's what shoppers need to know: ___ WILL STORES BE OPEN?...

The Amazon of its day, Sears' woes were years in the making

Oct. 16, 2018 12:06 AM EDT

Before there was Amazon — or, for that matter, Home Depot or Walmart or Kmart — there was Sears. From its beginnings as a mail-order watch business in Minneapolis 132 years ago, the company grew to become America's everything-under-one-roof store and the biggest retailer in the world. For...

Venezuelan fans endure sacrifices to 'Play Ball' amid crisis

Oct. 16, 2018 12:03 AM EDT

CARACAS, Venezuela (AP) — For 10 years, ever since they bonded over baseball at work, Franlet Bencomo and Elbert Albarran haven't missed an opening day game together. This year, however, they left their kids behind and ate a big breakfast before heading out to watch their beloved Caracas Lions because a...

The Latest: Washington lobbyists drop client Saudi Arabia

Oct. 15, 2018 11:35 PM EDT

ISTANBUL (AP) — The Latest on the disappearance of a Saudi writer who Turkish officials fear was killed inside the Saudi Consulate in Istanbul (all times local): 6:25 a.m. A Washington lobbying firm has told Saudi Arabia it will no longer represent the kingdom, as international furor builds over the...

Microsoft co-founder, philanthropist Paul Allen dies at 65

Oct. 15, 2018 11:03 PM EDT

SEATTLE (AP) — Paul G. Allen, who co-founded Microsoft with his childhood friend Bill Gates before becoming a billionaire philanthropist who invested in conservation, space travel, arts and culture and professional sports, died Monday. He was 65. He died in Seattle from complications of non-Hodgkin's...

Democrats lead Republicans on fundraising ahead of midterms

Oct. 15, 2018 10:43 PM EDT

Democrats lead Republicans in the money race in many of the key Senate and House campaigns three weeks ahead of midterm elections that will determine control of Congress. Although the Senate map positions Republicans to maintain their narrow majority, some of the most vulnerable Democratic incumbents continued to...

US wants drug prices in TV ads: 'Patients deserve to know'

Oct. 15, 2018 9:42 PM EDT

TRENTON, N.J. (AP) — The federal government said Monday that it wants to force drugmakers to disclose prices for prescription medicines in their TV commercials. The drug industry's main trade group said drug companies are only willing to disclose the prices on their websites, not in commercials, and...

Jurors: Don't throw out $289M weed killer cancer verdict

Oct. 15, 2018 9:12 PM EDT

SAN FRANCISCO (AP) — Jurors who found that agribusiness giant Monsanto's Roundup weed killer contributed to a school groundskeeper's cancer are urging a San Francisco judge not to throw out the bulk of their $289 million award in his favor, a newspaper reported Monday. Juror Gary Kitahata told Judge...