Latest Business News

Putin dances at Austria wedding before meeting Merkel

Aug. 18, 2018 11:38 AM EDT

BERLIN (AP) — Russian President Vladimir Putin made a flying visit to Austria to attend the wedding of the country's foreign minister Saturday before heading to Berlin for talks with German Chancellor Angela Merkel. Austrian authorities imposed tight security measures around the site of the ceremony near...

UK's right-wing Farage vows to end Brexit 'sell-out'

Aug. 18, 2018 11:33 AM EDT

LONDON (AP) — In Britain, there is a growing sense of Brexit deja vu. Two years after the country voted to leave the European Union, emotional arguments about membership in the bloc are raging as fiercely as they did during the 2016 referendum. With seven months until Britain officially leaves the bloc,...

Italy's leader demands safe roads; bridge toll rises to 42

Aug. 18, 2018 11:17 AM EDT

GENOA, Italy (AP) — Italy's president demanded guarantees Saturday that all the nation's roads are safe following the Genoa highway bridge collapse, after he hugged and comforted mourners at a state funeral for many of the dead in the grieving port city. Hours earlier, the toll from Tuesday's bridge...

Turkey's president says country will defy economic threats

Aug. 18, 2018 7:55 AM EDT

ISTANBUL (AP) — Turkey's president said Saturday his country will stand strong against an "attempted economic coup" amid heightened tensions with the United States. Recep Tayyip Erdogan told thousands of supporters in Ankara that the country was being "threatened by the economy, sanctions, foreign...

Malaysian leader tours Alibaba, meets Jack Ma on China visit

Aug. 18, 2018 6:44 AM EDT

BEIJING (AP) — Malaysia's leader courted Chinese e-commerce investment in his country on Saturday, the start of his first trip to China since his stunning electoral victory three months ago. Prime Minister Mahathir Mohamad's visit to the world's second-largest economy is being watched for signs on the fate...

Albuquerque airport to get air service to Guadalajara

Aug. 18, 2018 1:25 AM EDT

ALBUQUERQUE, N.M. (AP) — The Albuquerque International Sunport is finally getting an international flight after nine years. Volaris, Mexico's largest low-cost carrier, announced Friday that would begin twice-weekly, non-stop service from Albuquerque to Guadalajara, Mexico, in November. It's the first...

Venezuela hikes wages ahead of monetary overhaul

Aug. 17, 2018 10:49 PM EDT

CARACAS, Venezuela (AP) — Venezuelan President Nicolas Maduro raised wages for the fifth time this year and said he wanted to peg prices to the nation's fledgling cryptocurrency as part of a package of measures that economists say is likely to accelerate hyperinflation. Maduro made the announcement in a...

Jury awards more than $242 million for Lexus seat defects

Aug. 17, 2018 10:02 PM EDT

DALLAS (AP) — A Texas jury has awarded more than $242 million to a Dallas-area family who sued Toyota over what they said were defective front seats in their Lexus sedan. Benjamin and Kristi Reavis alleged defects caused their front seat backs in a September 2016 rear-end collision to collapse on their two...

US regulators target Facebook on discriminatory housing ads

Aug. 17, 2018 8:11 PM EDT

NEW YORK (AP) — Federal regulators are alleging that Facebook's advertising tools allow landlords and real estate brokers to engage in housing discrimination. The U.S. Department of Housing and Urban Development said in an administrative complaint this week that Facebook violated the Fair Housing Act...

Justice lawyers try to halt Trump financial records release

Aug. 17, 2018 8:09 PM EDT

WASHINGTON (AP) — Justice Department lawyers asked a federal judge Friday to let them file a legal appeal that could, for now, keep President Donald Trump's critics from getting access to financial records related to his Washington, D.C., hotel. Trump has been fighting multiple lawsuits that argue that...