Latest Business News

Nigerian ISP's configuration error disrupted Google services

Nov. 13, 2018 3:35 PM EST

BOSTON (AP) — A Nigerian internet service provider said Tuesday that a configuration error it made during a network upgrade caused a disruption of key Google services, routing traffic to China and Russia. Prior to MainOne's explanation Tuesday, there was speculation that Monday's 74-minute data hijacking...

Minnesota man to pay $140K for snooping, insider trading

Nov. 13, 2018 3:28 PM EST

MINNEAPOLIS (AP) — A Minnesota man snooped in his wife's work papers and used information about UnitedHealth Group's upcoming acquisitions to profit from insider trading, according to regulators. The Securities and Exchange Commission sued James Hengen for allegedly stealing information about two pending...

Lord & Taylor resolves racial profiling allegations

Nov. 13, 2018 3:27 PM EST

BOSTON (AP) — The attorney general of Massachusetts says department store Lord & Taylor has agreed to pay a $100,000 penalty, train its staff and improve its shoplifting prevention procedures to settle allegations that it disproportionately targeted minority shoppers for surveillance and apprehension....

South Dakota ethanol plant investors to vote on merger

Nov. 13, 2018 3:22 PM EST

GROTON, S.D. (AP) — Investors of an ethanol plant in South Dakota will soon decide whether to merge with the plant's parent company, POET Biorefining LLC. The POET ethanol plant near Groton is among seven POET plants that haven't had investors vote on merging operations, Aberdeen American News reported....

UK Cabinet to meet after Britain, EU reach draft Brexit deal

Nov. 13, 2018 3:19 PM EST

LONDON (AP) — After months of stalled talks, false starts and setbacks, negotiators from Britain and the European Union struck a proposed divorce deal Tuesday to provide for the U.K.'s smooth exit from the bloc. But the agreement faces major political hurdles starting Wednesday, when British Prime Minister...

Airbnb sues Boston over short-term rental rules

Nov. 13, 2018 3:05 PM EST

BOSTON (AP) — Short-term rental business Airbnb is suing the city of Boston over regulations aimed at cracking down on investors who buy housing units to list on the platform. The federal lawsuit filed Tuesday says the ordinance violates state and federal law by forcing home-sharing platforms to share...

US October budget deficit jumps to $100.5 billion

Nov. 13, 2018 3:05 PM EST

WASHINGTON (AP) — The federal government recorded a deficit of $100.5 billion in October, a big increase from a year ago that was primarily caused by quirks in the calendar. The Treasury Department said Tuesday that the deficit shot up 59 percent from the same month a year ago. Last year's October deficit...

Fraudster on trial for alleged scheme over his real identity

Nov. 13, 2018 3:04 PM EST

FARGO, N.D. (AP) — A man convicted of stealing thousands of identities in a massive credit card fraud scheme is now on trial over one more identity — his own. Prosecutors say they learned after Adekunle Adetiloye was sentenced in 2012 that he had created a fictional version of himself and used that...

EPA seeks new truck pollution rules; says air won't suffer

Nov. 13, 2018 3:03 PM EST

DETROIT (AP) — The Trump administration's Environmental Protection Agency is proposing to rewrite rules that limit pollution from heavy trucks but that the EPA says slow the economy. Acting EPA Administrator Andrew Wheeler argues that new technology can help improve air quality, noting that the regulation...

EPA seeks new truck pollution rules; says air won't suffer

Nov. 13, 2018 3:01 PM EST

DETROIT (AP) — The Trump administration's Environmental Protection Agency is proposing to rewrite rules that limit pollution from heavy trucks but that the EPA says slow the economy. Acting EPA Administrator Andrew Wheeler argues that new technology can help improve air quality, noting that the regulation...