Latest Business News

China summons US envoys over sanctions linked to Russia deal

Sep. 22, 2018 9:24 PM EDT

BEIJING (AP) — China summoned the American ambassador and the defense attache and recalled its navy commander from a U.S. trip to deliver a strong protest against economic sanctions Washington lodged over the purchase of Russian fighter jets and surface-to-air missile equipment. The Defense Ministry said...

Congress takes aim at shrinking seats, legroom on airplanes

Sep. 22, 2018 8:01 PM EDT

WASHINGTON (AP) — The Federal Aviation Administration would be required to set new minimum requirements for seats on airplanes under legislation to be considered in the House this week, possibly giving passengers a break from ever-shrinking legroom and cramped quarters. The regulation of seat width and...

Campaign calls on Hawaii island tourists to be respectful

Sep. 22, 2018 7:08 PM EDT

HILO, Hawaii (AP) — The Big Island visitors bureau and Hawaii County have launched a campaign that aims to create a more conscientious tourism industry on the Big Island. The Island of Hawaii Visitors Bureau Executive Director Ross Birch and county Managing Director Will Okabe presented the new "Pono...

US lawmakers scuttle plan to limit airline change fees

Sep. 22, 2018 5:53 PM EDT

WASHINGTON (AP) — Lawmakers have scuttled a plan to prohibit airlines from charging "unreasonable" fees for changing or canceling tickets. But U.S. House and Senate leaders say they will direct the Federal Aviation Administration to set minimum dimensions for passenger seats as part of a new spending bill....

Comcast beats Fox in Sky auction with $39B bid

Sep. 22, 2018 5:07 PM EDT

LONDON (AP) — Comcast has emerged as the top bidder for European broadcaster Sky after a rare auction held by British regulators. After three rounds of secret bidding on Friday and Saturday, Comcast offered the higher price of 17.28 pounds ($22.58) per share for Sky, the equivalent of nearly 30 billion...

National park in Hawaii reopens after monthslong eruption

Sep. 22, 2018 4:38 PM EDT

HONOLULU (AP) — A national park in Hawaii has reopened after being closed for more than four months because of Kilauea volcano's latest eruption, which caused widespread damage to park infrastructure and dramatically changed its landscape. Hawaii Volcanoes National Park officials said there were no lines...

Fox, Comcast bid for Sky in rare auction

Sep. 22, 2018 3:24 PM EDT

LONDON (AP) — Comcast and 21st Century Fox are contenders for the highest bid for European broadcaster Sky. The two companies are competing Saturday in a rare auction to determine which bid for Sky is the highest. The three-round auction began Friday after the London stock market closed. Britain's...

The Latest: Hawaii national parks reopens after lava shut it

Sep. 22, 2018 3:08 PM EDT

HONOLULU (AP) — The Latest on the reopening of Hawaii Volcanoes National Park after an eruption that caused widespread damage to infrastructure (all times local): 9 a.m. A national park in Hawaii has reopened after being closed for more than four months because of Kilauea volcano's latest eruption, which...

2 Greek journalists detained after minister files complaint

Sep. 22, 2018 2:52 PM EDT

ATHENS, Greece (AP) — The publisher and editor in chief of a Greek newspaper have been detained over an article that alleges mishandling of European Union funds meant to improve conditions in migrant hotspots across the country. The journalists were detained following a complaint by Defense Minister Panos...

British regulator says Comcast has won an auction to formally bid for Sky, offering 29.6 billion pounds ($38.6 billion).

Sep. 22, 2018 2:32 PM EDT
LONDON (AP) — British regulator says Comcast has won an auction to formally bid for Sky, offering 29.6 billion pounds ($38.6 billion).