Latest Corporate News

Google in court to appeal EU's 2018 Android antitrust case

Sep. 27, 2021 07:47 AM EDT

LONDON (AP) — Google headed to a top European Union court Monday to appeal a record EU antitrust penalty imposed for stifling competition through the dominance of its Android operating system. The company is fighting a 2018 decision from the EU's executive Commission,...

China's factories, households grapple with power cuts

Sep. 27, 2021 07:16 AM EDT

BEIJING (AP) — Global shoppers face possible shortages of smartphones and other goods ahead of Christmas after power cuts to meet official energy use targets forced Chinese factories to shut down and left some households in the dark. In the northeastern city of...

Liz Weston: Is a new job the right financial move?

Sep. 27, 2021 07:03 AM EDT

Whether you call it “The Great Resignation,” “The Great Reshuffle” or just high time for a change, millions of American workers are looking for new jobs — and some have already quit the ones they have. Better pay isn’t necessarily the motivator, labor experts say. Many people are...

Nature campaigners urge Albania to stop hydropower plants

Sep. 27, 2021 06:53 AM EDT

TIRANA, Albania (AP) — Wildlife campaigners on Monday called on the Albanian government to stop the construction of two hydropower plants in a protected nature area in the north of the country. A statement from the World Wide Fund for Nature Adrian said that a Supreme...

Shadow contracts, corruption keep the lights out in Iraq

Sep. 27, 2021 05:01 AM EDT

BAGHDAD (AP) — In the Baghdad suburb of Sadr City, glossy election campaign posters are plastered alongside jungles of sagging electrical wires lining the alleyway to Abu Ammar’s home. But his mind is far from Iraq’s Oct. 10 federal election. The 56-year-old...

Investigators seek cause of deadly Montana train derailment

Sep. 27, 2021 01:05 AM EDT

JOPLIN, Mont. (AP) — Federal investigators are seeking the cause of an Amtrak train derailment near a switch on tracks in the middle of vast farmland in far northern Montana that killed three people and left seven hospitalized over the weekend. The westbound Empire...

Biden, Congress face big week for agenda, government funding

Sep. 27, 2021 00:24 AM EDT

WASHINGTON (AP) — It's a consequential week for President Joe Biden's agenda, as Democratic leaders delicately trim back his $3.5 trillion “Build Back Better" package to win over remaining lawmakers and work to quickly pass legislation to avoid a federal shutdown. An...

Pending home sales, CarMax earns, consumer spending

Sep. 27, 2021 00:15 AM EDT

A look at some of the key business events and economic indicators upcoming this week: HOUSING MARKET BAROMETER Economists expect that contract signings on U.S. homes slowed in August for the third straight month. They project the...

Investigators probe deadly Amtrak derailment in Montana

Sep. 26, 2021 20:54 PM EDT

JOPLIN, Mont. (AP) — A team of investigators from the National Transportation Safety Board was at the site of an Amtrak derailment in north-central Montana that killed three people and left seven hospitalized Sunday, officials said. The westbound Empire Builder was en...

Pelosi vows to pass $1T bill, move ahead on larger measure

Sep. 26, 2021 20:23 PM EDT

WASHINGTON (AP) — With President Joe Biden’s broad domestic agenda at risk of collapse, House Speaker Nancy Pelosi on Sunday vowed that Democrats will pass a bipartisan infrastructure bill this week and push ahead on the bigger $3.5 trillion social safety net and climate change bill while...