Latest Business News

EU budget chief warns new Italian government on debt

May. 26, 2018 5:02 AM EDT

BERLIN (AP) — The European Union's budget commissioner says he hopes Italy's prospective new government will master a "big learning curve," and cautions that the eurozone's rescue fund wouldn't be able to stabilize the country. Law professor Giuseppe Conte is trying to form a government of two populist...

Turks feel pinch from currency slide ahead of polls

May. 26, 2018 4:41 AM EDT

YAVUZLAR, Turkey (AP) — Farmer Abdulkadir Cekic was already struggling to make a living, snowed under by a bank loan he took out for the purchase of a 130,000-euro harvesting machine. The tumbling of the Turkish currency, the lira, has hit him hard, considerably increasing the cost of his yearly payments....

Emails show EPA working closely with climate-change deniers

May. 26, 2018 12:47 AM EDT

WASHINGTON (AP) — Senior Environmental Protection Agency officials have been working closely with a conservative group that dismisses climate change to rally like-minded people for public hearings on science and global warming. Recently released emails show they also recruited help to counter negative news...

Supermarket suspends political giving amid anti-NRA protest

May. 25, 2018 9:28 PM EDT

PARKLAND, Fla. (AP) — Survivors of the Parkland school shooting lay down in "die ins" at two Publix supermarkets Friday to protest the chain's support for a gubernatorial candidate aligned with the National Rifle Association, as the company announced a suspension of political contributions. The students...

After Amazon Echo misfire, ways to protect your own privacy

May. 25, 2018 9:05 PM EDT

NEW YORK (AP) — Revelations that an Amazon Echo smart speaker inadvertently sent a family's private conversation to an acquaintance highlights some unexpected risks of new voice-enabled technologies. According to Amazon, the fault was an "unlikely" series of inadvertent vocal cues that triggered the...

The Latest: Weinstein takes books on theater, film to arrest

May. 25, 2018 8:44 PM EDT

NEW YORK (AP) — The Latest on the sexual misconduct probe of film producer Harvey Weinstein (all times local): 11:40 a.m. Harvey Weinstein was in and out of custody so quickly in his rape case, he probably didn't have time to read the books he brought with him. The film mogul carried three books under his...

Trump takes steps to ease firing of federal workers

May. 25, 2018 8:08 PM EDT

WASHINGTON (AP) — President Donald Trump on Friday signed a trio of executive orders to overhaul the federal bureaucracy by making it easier to fire federal workers for poor performance and misconduct, requiring that departments and agencies negotiate better union contracts and limiting the amount of time...

Canadian investor backs away from Alaska mine project

May. 25, 2018 7:52 PM EDT

JUNEAU, Alaska (AP) — A Canadian company that was courted as a potential partner in a proposed copper-and-gold mine near one of the world's largest salmon fisheries in Alaska has backed away from the project. Northern Dynasty Minerals Ltd., which is seeking to develop the Pebble Mine project in southwest...

The Latest: Mine official downplays impact of failed deal

May. 25, 2018 7:35 PM EDT

JUNEAU, Alaska (AP) — The Latest on a proposed copper-and-gold mine in southwest Alaska (all times local): 3:20 p.m. Developers of a proposed copper-and-gold mine near a world-class salmon fishery in southwest Alaska are downplaying the impact after a deal with a potential investor fell apart. Tom Collier...

Brazil president says striking truckers could be removed

May. 25, 2018 7:34 PM EDT

RIO DE JANEIRO (AP) — A nationwide strike by thousands of truckers brought much of Latin America's largest nation to a halt on Friday, prompting Brazilian President Michel Temer to authorize the military to use force in removing drivers and their parked vehicles from highways and other roads. Truckers...