Latest Business News

New head of anti-discrimination agency elected in Germany

Jul. 07, 2022 13:33 PM EDT

BERLIN (AP) — Germany's parliament on Thursday elected as the government's new anti-discrimination commissioner a journalist whose nomination last month had sparked controversy. Ferda Ataman, 42, was elected as head of the Federal Anti-Discrimination Agency with a clear majority....

Cops: Stray bullet enters home, kills woman sitting on couch

Jul. 07, 2022 13:42 PM EDT

AKRON, Ohio (AP) — A woman siting on a couch in her Ohio home on the Fourth of July was killed when a bullet came through a front window and stuck her in the head, authorities said. It's not clear who fired the shot or why, but Akron police said the bullet that hit 26-year-old...

WNBA players union 'stands with' Griner after guilty plea

Jul. 07, 2022 13:33 PM EDT

Brittney Griner’s guilty plea Thursday has not lessened the support the Olympic gold medalist continues to receive from her WNBA peers. The Phoenix Mercury All-Star pleaded guilty to drug possession charges on the second day of her trial in a Russian court in a case that could see...

Wisconsin court sides with former PSC member in line dispute

Jul. 07, 2022 13:26 PM EDT

MADISON, Wis. (AP) — The Wisconsin Supreme Court's conservative majority on Thursday sided with a former member of the state Public Service Commission who did not want to turn over his cellphone in a fight over the approval of a new power line. The court said there was no evidence...

Officials announce reforms after man paralyzed in police van

Jul. 07, 2022 13:23 PM EDT

Officials in New Haven, Connecticut, announced prisoner transport and detention reforms Thursday in response to a police van driver braking suddenly while transporting a man in the back of the van, sending him flying headfirst into a metal wall of the vehicle and paralyzing him. ...

Mexico accuses ex-president of millions in illegal funds

Jul. 07, 2022 13:14 PM EDT

MEXICO CITY (AP) — Mexico’s anti-money laundering agency said Thursday it has accused ex-President Enrique Peña Nieto of handling millions of dollars in possibly illegal funds, perhaps a signal from President Andrés Manuel López Obrador that he is getting serious about his promise to pursue...

US stocks gain ground while bond market signals caution

Jul. 07, 2022 13:12 PM EDT

NEW YORK (AP) — Stocks rose broadly in afternoon trading Thursday, putting major indexes on track for a week of gains. The S&P 500 rose 1.2% as of 1:05 p.m. Eastern. The Dow Jones Industrial Average rose 232 points, or 0.8%, to 31,271 and the Nasdaq rose 2%. ...

Oil minister says Iraq to act to annul Kurdish oil deals

Jul. 07, 2022 13:06 PM EDT

BAGHDAD (AP) — Iraq’s oil minister said on Thursday the government will take steps to enforce a recent court decision to annul oil contracts the semiautonomous northern Iraqi Kurdish region made with international companies. The minister, Ihsan Abdul-Jabbar Ismail, told The...

Finland to boost security at Russia border with amended law

Jul. 07, 2022 13:03 PM EDT

HELSINKI (AP) — Finland’s Parliament on Thursday passed amended legislation on border security that allows for the closure of crossing points with Russia amid fears that Moscow could choose to send large numbers of migrants to the frontier. The move by lawmakers came just two...

Twitter says it removes 1 million spam accounts a day

Jul. 07, 2022 12:55 PM EDT

Twitter said it removes 1 million spam accounts each day in a call with executives Thursday during a briefing that aimed to shed more light on the company's fake and bot accounts as it tussles with Elon Musk over “spam bots.” The Tesla CEO, who has offered to buy Twitter for $44...