Latest Business News

Denmark recalls spicy South Korean noodles over health concerns

Jun. 12, 2024 23:35 PM EDT

COPENHAGEN, Denmark (AP) — Food authorities in Denmark have recalled three types of spicy instant noodle products imported from South Korea over possible risks for “acute poisoning.” Consumers are asked to discard them or return the noodles to the retailer. The noodles are made...

Baltimore's busy port fully reopens after bridge collapse, and a return to normal is expected

Jun. 12, 2024 23:08 PM EDT

BALTIMORE (AP) — Commercial shipping traffic through the Port of Baltimore is expected to return to normal levels next month, officials said Wednesday, after the channel fully reopened this week for the first time since the collapse of the Francis Scott Key Bridge in March. ...

China's Premier Li is visiting New Zealand, where security fears vie with trade hopes on the agenda

Jun. 12, 2024 22:54 PM EDT

WELLINGTON, New Zealand (AP) — China’s Premier Li Qiang arrived in New Zealand on Thursday, beginning a rare visit to its closest partner among Western democracies, where a celebration of trade links is expected to vie with concerns about South Pacific security on Wellington's agenda. ...

Widespread outage hits Puerto Rico as customers demand ouster of private electric company

Jun. 12, 2024 22:39 PM EDT

SAN JUAN, Puerto Rico (AP) — A widespread power outage hit Puerto Rico Wednesday night, leaving more than 340,000 customers without electricity after two of the U.S. territory’s power plants shut down. The capital of San Juan was left without power, as well as neighboring...

As Art Basel opens, buyers confront a 'cooling' but still very active market

Jun. 12, 2024 21:37 PM EDT

BASEL, Switzerland (AP) — Multimillion-dollar works by Jean-Michel Basquiat, Yayoi Kusama and Alberto Giacometti went on the market this week as the Art Basel fair opened in Switzerland. Thousands flooded the exhibition center for VIP previews before doors open to public Thursday....

DeSantis appointees bury the hatchet with Disney by approving new development deal

Jun. 12, 2024 21:15 PM EDT

ORLANDO, Fla. (AP) — Gov. Ron DeSantis' appointees on Wednesday gave final approval to an agreement that buries the hatchet between Disney and the governing district for Walt Disney World, which the Florida governor took over after the company two years ago publicly opposed a state law critics...

Thefts of charging cables pose yet another obstacle to appeal of electric vehicles

Jun. 12, 2024 19:28 PM EDT

DETROIT (AP) — Just before 2 a.m. on a chilly April night in Seattle, a Chevrolet Silverado pickup stopped at an electric vehicle charging station on the edge of a shopping center parking lot. Two men, one with a light strapped to his head, got out. A security camera recorded them...

Democrats in Congress say federal mediators should let airline workers strike when it's 'necessary'

Jun. 12, 2024 18:44 PM EDT

A group of 32 senators say federal mediators should speed up labor negotiations between airlines and their flight attendants and other workers, even granting them permission to go on strike “as necessary.” The lawmakers said Wednesday that airlines feel no pressure to reach...

NYC considers ending broker fees for tenants, angering real estate industry

Jun. 12, 2024 18:27 PM EDT

NEW YORK (AP) — It’s a familiar and agonizing experience for legions of New York City renters: before moving into a new apartment, a tenant must first shell out thousands of dollars in fees to a real estate broker, even if that person was hired by the landlord. The hefty...

3 deputies shot while responding to northern Illinois home, suspect also wounded, official says

Jun. 12, 2024 18:27 PM EDT

DIXON, Ill. (AP) — Three sheriff’s deputies were shot Wednesday while responding to a northern Illinois home, and the suspect was also wounded, authorities said. Ogle County Sheriff Brian VanVickle said the deputies were responding to a report that someone inside the home in the...