Latest Business News

Tesla disputes claims its cars can accelerate on their own

Jan. 20, 2020 4:50 PM EST

Tesla is disputing claims by a California man that all three models of the company's cars can suddenly speed up on their own without the driver touching the accelerator pedal. Tesla said Monday it checks when drivers report that their car accelerated on its own, and in every case where the company has the car's...

In this handout photo provided by the House of Commons, Britain's Prime Minister Boris Johnson gestures during the first Prime Minister's Questions of the year, in the House of Commons in London, Wednesday, Jan. 8, 2020. The president of the European Commission warned Britain on Wednesday that it won’t get the “highest quality access” to the European Union's market after Brexit unless it makes major concessions. (Jessica Taylor/House of Commons via AP)

Boris Johnson's Brexit bill hits last-minute hiccup

Jan. 20, 2020 4:03 PM EST

LONDON (AP) — British Prime Minister Boris Johnson’s Brexit plans hit a hurdle Monday when Parliament’s upper chamber told the government to give European Union citizens living in the U.K. physical proof of their right to remain after the country leaves the bloc. The House of Lords voted by...

SRP seeks solar energy from bidders including Navajo Nation

Jan. 20, 2020 3:50 PM EST

FARMINGTON, N.M. (AP) — One of Arizona's largest utilities is seeking companies to build solar plants to provide up to 400 megawatts of power, including 200 megawatts from Navajo Nation facilities, officials said. Salt River Project issued a request for proposals Jan. 15, The Farmington Daily Times...

President Donald Trump returns to the White House in Washington, Sunday, Jan. 19, 2020, from a campaign trip to Austin, Texas. (AP Photo/Manuel Balce Ceneta)

Trump heads to Switzerland with Senate trial to reconvene

Jan. 20, 2020 3:06 PM EST

WASHINGTON (AP) — When President Donald Trump’s historic impeachment trial is called to order in the Senate this week, he won’t be watching from inside the chamber or on television from the White House. He'll be thousands of miles away at the Davos economic forum in the Swiss Alps, trying to...

Meng Wanzhou, chief financial officer of Huawei leaves her home in Vancouver, Monday, January, 20, 2020. A court hearing begins today in Vancouver over the American request to extradite an executive of the Chinese telecom giant Huawei on fraud charges. (Jonathan Hayward/The Canadian Press via AP)

Huawei exec extradition hearing begins in Canada

Jan. 20, 2020 2:12 PM EST

VANCOUVER, British Columbia (AP) — The first stage of an extradition hearing for a senior executive of Chinese tech giant Huawei started in a Vancouver courtroom M onday, a case that has infuriated Beijing, caused a diplomatic uproar between China and Canada and complicated high-stakes trade talks between...

Lawsuit accuses Reno of shady dealings with ordinance change

Jan. 20, 2020 12:36 PM EST

RENO, Nev. (AP) — A church built in downtown Reno nearly a century ago is among those suing the city over a change in a shade ordinance they say is intended to benefit a luxury hotel development that could have been subject to more stringent height-related restrictions. The suit filed Jan. 6 in Washoe...

Klaus Schwab, founder of the World Economic Forum, delivers a welcome message on the eve of the annual meeting of the World Forum in Davos, Switzerland, Monday, Jan. 20, 2020. The 50th annual meeting of the forum will take place in Davos from Jan. 21 until Jan. 24, 2020. (AP Photo/Markus Schreiber)

Climate not considered a top 10 risk by CEOs - survey

Jan. 20, 2020 12:34 PM EST

DAVOS, Switzerland (AP) — Climate issues are set to be one of the main talking points at the World Economic Forum in the Swiss ski resort of Davos this week, but a survey of CEOs released Monday shows that they are not even ranked among the top ten threats to business growth. In its annual report ahead of...

Hundreds of Indiana warehouse workers face job uncertainty

Jan. 20, 2020 12:24 PM EST

JEFFERSONVILLE, Ind. (AP) — More than 200 workers are worried about the future of their jobs at a southern Indiana warehouse. The company that operates Legacy Supply Chain Services in Jeffersonville has notified state officials that it would cease operations and lay off all 257 employees in March. Many of...

Signs point up for small manufacturers, home remodelers

Jan. 20, 2020 12:15 PM EST

NEW YORK (AP) — Recent economic indicators point to an easier time ahead for small manufacturers and companies in the home remodeling industry. A decline in the home repair and remodeling market that began in the first quarter of 2019 is projected to end with the third quarter of this year, according to...

European Union foreign policy chief Josep Borrell talks to journalists during a news conference after an European Foreign Affairs meeting at the Europa building in Brussels, Monday, Jan. 20, 2020. (AP Photo/Francisco Seco)

EU to revamp anti-smuggler mission for UN Libya arms embargo

Jan. 20, 2020 11:47 AM EST

BRUSSELS (AP) — European Union countries have agreed to “refocus” the mission of the bloc’s anti-migrant smuggler naval operation in the Mediterranean Sea so that it concentrates on upholding the U.N. arms embargo against Libya, EU foreign policy chief Josep Borrell said Monday. After...