Latest Business News

UAW strike puts Trump, GOP in political bind in key states

Sep. 21, 2019 2:23 PM EDT

LANSING, Mich. (AP) — Democrats were quick to back working-class United Auto Workers in their strike against General Motors. Democrats delivered doughnuts and held picket signs outside factories to show solidarity. It's a union they've long aligned with politically. There have been no doughnuts from...

Marks & Spencer finance director to step down

Sep. 21, 2019 1:26 PM EDT

LONDON (AP) — Marks & Spencer says its chief financial officer is to step down, just weeks after the retailer learned it would drop out of the FTSE 100 of leading British shares for the first time. In a statement Saturday, M&S said Humphrey Singer would remain in the job to ensure an orderly...

Indiana manufacturers feel sting of US-China trade war

Sep. 21, 2019 12:36 PM EDT

INDIANAPOLIS (AP) — The tit-for-tat economic dispute between the U.S. and China is hurting manufacturers in Indiana, the nation's top manufacturing state. The trade quarrel between the world's two largest economies began in July 2018 when the U.S. imposed a tariff on certain Chinese imports. Since then,...

Vehicle buyer, seller Carvana plans Arkansas site, 400 jobs

Sep. 21, 2019 12:00 PM EDT

LITTLE ROCK, Ark. (AP) — The online used vehicles company Carvana plans to open a $40 million complex in eastern Arkansas and create more than 400 jobs. The Arkansas Economic Development Commission on Friday announced Carvana will locate an inspection and distribution center in West Memphis. Customers can...

UK government urged to help save Thomas Cook holiday firm

Sep. 21, 2019 11:54 AM EDT

LONDON (AP) — The British government was urged Saturday to step in and prevent Thomas Cook, one of the world's oldest and largest travel companies, from going bust potentially within days, a development that could leave around 150,000 British holidaymakers struggling to get home. The Transport Salaried...

Beer flows as overcrowded Oktoberfest opens in Munich

Sep. 21, 2019 10:53 AM EDT

BERLIN (AP) — The first keg was tapped, and the beer started flowing as the 186th Oktoberfest got underway Saturday in the southern German city of Munich. Mayor Dieter Reiter inserted the tap in the first keg with two blows of a hammer and the cry of "O'zapt is" — "it's tapped." As tradition...

Charge against airline mechanic highlights 'insider threat'

Sep. 21, 2019 10:46 AM EDT

The arrest of an airline mechanic suspected of being sympathetic with terrorists and charged with sabotaging a jetliner has renewed fear about the "insider threat" to aviation security. Despite security upgrades since the hijacking terror attacks of 2001, breaches including a gun-running operation at the nation's...

GM electric car push could mean fewer and lower paying jobs

Sep. 21, 2019 10:10 AM EDT

DETROIT (AP) — If U.S. consumers ever ditch fuel burners for electric vehicles, then the United Auto Workers union is in trouble. Gone would be thousands of jobs at engine and transmission plants across the industrial Midwest, replaced by smaller workforces at squeaky-clean mostly automated factories that...

Michigan manufacturer set to invest nearly $6M in expansion

Sep. 21, 2019 10:04 AM EDT

ZEELAND, Mich. (AP) — A manufacturer of lightweight composite products is investing nearly $6 million to expand its presence in western Michigan and add about three dozen jobs. Plascore Inc., which currently employs 415 people, plans to build an 80,000-square-foot facility in Zeeland that will lead to the...

Historic train depot still waiting for a developer

Sep. 21, 2019 1:07 AM EDT

BELLEVILLE, Wis. (AP) — The roof has been repaired but it's still uncertain what business will ultimately reside in the historic train depot in Belleville. The village purchased the depot last year and spent several months repairing the deteriorating structure. The work primarily focused on preventing...