Latest Business News

Venezuelans confused over new bills coming from bank ATMs

Aug. 21, 2018 11:32 AM EDT

CARACAS, Venezuela (AP) — Residents of Venezuela's capital say they're confused by banknotes coming out of ATMs as the country's new currency starts circulating. The reality of President Nicolas Maduro's economic plan kicks in Tuesday as Venezuela battles runaway inflation and a plummeting economy....

The Latest: US sanctions more Russians

Aug. 21, 2018 11:17 AM EDT

WASHINGTON (AP) — The Latest on Russia sanctions (all times local): 10:30 a.m. The Treasury Department is going after two companies and two Russians suspected of trying to circumvent U.S. sanctions imposed in June in response to cyberattacks and other malicious activities run by Moscow's military and spy...

Ex-employee sues Pratt & Whitney over jet engines

Aug. 21, 2018 11:16 AM EDT

EAST HARTFORD, Conn. (AP) — A former engineer for jet engine maker Pratt & Whitney has filed a federal false claims lawsuit alleging the company knowingly sold "flawed" engines to the U.S. Air Force, which resulted in the likelihood of premature wear or even "catastrophic failure." The Journal Enquirer...

Herbalife distributors claim in $1B suit events were a sham

Aug. 21, 2018 11:16 AM EDT

MIAMI (AP) — Patricia and Jeff Rodgers figured they did everything right to get rich beyond their wildest dreams selling Herbalife health and personal care products. They attended all of the "Circle of Success" events, brought in new recruits, met their quotas on buying Herbalife goods to sell and even set...

Poll: Support for school choice growing among Republicans

Aug. 21, 2018 11:13 AM EDT

WASHINGTON (AP) — Support for charter schools and private school voucher programs has gone up over the past year, with Republicans accounting for much of the increase, according to a survey published Tuesday. The findings by Education Next, a journal published by Harvard's Kennedy School and Stanford...

Microsoft uncovers more Russian hacking ahead of midterms

Aug. 21, 2018 11:10 AM EDT

Microsoft has uncovered new Russian hacking efforts targeting U.S. political groups ahead of the midterm elections. The company said Tuesday that a group tied to the Russian government created fake websites that appeared to spoof two American conservative organizations: the Hudson Institute and the International...

With push from PETA, animal crackers bust out of their cages

Aug. 21, 2018 11:04 AM EDT

After more than a century behind bars, the beasts on boxes of animal crackers are roaming free. Mondelez International, the parent company of Nabisco, has redesigned the packaging of its Barnum's Animals crackers in response to pressure from People for the Ethical Treatment of Animals. PETA, which has been...

Cooperative Extension adapts to a less agricultural America

Aug. 21, 2018 11:00 AM EDT

In its century of existence, the Cooperative Extension System has been a valuable resource distributing university-driven, science-based information — mostly about farming and gardening — to the public. But in today's less agricultural America, the Extension network is adapting, expanding its rural...

Russia displays its latest weapons at military show

Aug. 21, 2018 10:55 AM EDT

MOSCOW (AP) — Russia has displayed its latest weapons at a military show aimed at attracting more foreign customers. President Vladimir Putin said in an address to the Army 2018 show that opened Tuesday that it reflects the "huge potential" of Russian military industries and will serve as a platform for...

'Crazy Rich Asians' hoopla elicits mixed feelings in Asia

Aug. 21, 2018 10:53 AM EDT

SINGAPORE (AP) — The craze for "Crazy Rich Asians" is hitting Asia, with a premiere in Singapore followed by openings in several neighboring countries later this week. Much of the over-the-top romantic comedy was set in this wealthy city-state. As the stars streamed past flashing lights down the red carpet...