Latest Business News

Kushner-linked firm targets richer areas in program for poor

Dec. 16, 2018 8:11 PM EST

WASHINGTON (AP) — A real estate investment firm co-founded by President Donald Trump's son-in-law and adviser, Jared Kushner, is betting big on the administration's Opportunity Zone tax breaks but isn't that interested in steering its investors to the poorest, most-downtrodden areas that the program seeks...

Talks adopt 'rulebook' to put Paris climate deal into action

Dec. 16, 2018 8:08 PM EST

KATOWICE, Poland (AP) — Almost 200 nations, including the world's top greenhouse gas producers, China and the United States, have adopted a set of rules meant to breathe life into the 2015 Paris climate accord by setting out how countries should report their emissions and efforts to reduce them. But...

Colin Kroll, co-founder of HQ Trivia, found dead

Dec. 16, 2018 5:41 PM EST

NEW YORK (AP) — Colin Kroll, a tech executive who co-founded the HQ Trivia app, has died. He was 34. The New York Police Department says officers went to Kroll's Manhattan apartment early Sunday after getting a call asking for a wellness check on him. They found him unconscious and unresponsive on his bed....

Next-generation of GPS satellites are headed to space

Dec. 16, 2018 5:19 PM EST

DENVER (AP) — After months of delays, the U.S. Air Force is about to launch the first of a new generation of GPS satellites, designed to be more accurate, secure and versatile. But some of their most highly touted features will not be fully available until 2022 or later because of problems in a companion...

Hungary sees 4th day of protests over overtime, other issues

Dec. 16, 2018 5:16 PM EST

BUDAPEST, Hungary (AP) — Several thousand people marched through Hungary's capital Sunday in a fourth day of demonstrations against new laws that critics say restrict workers' rights and undermine democracy. Protesters chanted anti-government slogans amid sub-zero temperatures outside parliament as...

Scope of investigations into Trump has shaped his presidency

Dec. 16, 2018 1:00 PM EST

WASHINGTON (AP) — Investigations now entangle Donald Trump's White House, campaign, transition, inauguration, charity and business. For Trump, the political, the personal and the deeply personal are all under examination. Less than two years into Trump's presidency, his business associates, political...

UK ministers seek to downplay chance of second Brexit vote

Dec. 16, 2018 10:17 AM EST

LONDON (AP) — Supporters of British Prime Minister Theresa May dampened suggestions Sunday that the government is planning a second referendum on whether to leave the European Union, arguing that another Brexit vote would exacerbate divisions in the U.K., not heal them. International Trade Secretary Liam...

Pass it on: CVS CEO says the learning should never stop

Dec. 16, 2018 10:06 AM EST

Larry Merlo has learned a few things during nearly eight years as CEO of one of the nation's biggest drugstore chains — including that you shouldn't ever stop learning. CVS Health Corp. is polishing off a $69-billion acquisition of the health insurer Aetna. The company, which also manages pharmacy...

Insider Q&A: CVS Health CEO seeks bigger role in your care

Dec. 16, 2018 10:01 AM EST

CVS Health CEO Larry Merlo wants customers to think about more than prescriptions and shampoo when they visit his company's drugstores. He expects the stores to become health care pit stops, especially for patients with chronic conditions like diabetes. Vision, hearing and blood sugar checks will be available at...

Yellow vest protesters still block French traffic circles

Dec. 16, 2018 9:53 AM EST

PARIS (AP) — Yellow vest protesters occupied dozens of traffic roundabouts across France on Sunday even as their movement for economic justice appeared to be losing momentum on the fifth straight weekend of protests. The road blockades remained despite a call by Interior Minister Christophe Castaner to...