Latest Business News

Anti-Brexit protest in London calls for second referendum

Oct. 20, 2018 6:57 AM EDT

LONDON (AP) — Anti-Brexit protesters are gathering in central London for a demonstration calling for a second referendum on Britain's exit from the European Union. Around 150 buses are ferrying thousands of protesters from across the country to the British capital. The march will begin at noon (1100 GMT)...

Italy brushes off downgrade as it plans EU budget response

Oct. 20, 2018 4:37 AM EDT

ROME (AP) — Italy's deputy premier on Saturday brushed off a ratings downgrade and vowed to forge ahead with the government's rule-busting budget as Italy prepared to respond to European Union concerns about its high deficit targets. International credit rating agency Moody's late Friday downgraded Italy's...

Trump wants to cut red tape, hasten water projects in West

Oct. 19, 2018 9:40 PM EDT

DENVER (AP) — President Donald Trump on Friday ordered the government to speed up environmental reviews and streamline regulations that he says are hindering work on major water projects in California and other Western states. Trump signed a memorandum aimed at helping the Central Valley Project and the...

Hackers breach HealthCare.gov system, get data on 75,000

Oct. 19, 2018 9:03 PM EDT

WASHINGTON (AP) — A government computer system that interacts with HealthCare.gov was hacked earlier this month, compromising the sensitive personal data of some 75,000 people, officials said Friday. The Centers for Medicare and Medicaid Services made the announcement late in the afternoon ahead of a...

California hopefuls blame incumbents as farm towns struggle

Oct. 19, 2018 8:44 PM EDT

HURON, Calif. (AP) — A rooster signals the start of the day as workers wearing sombreros emerge from the shadows and shuffle past boarded-up businesses in this tiny farm town. They converge on a dimly lit dirt lot outside Panaderia de Dios, a bakery sweetening the air with the aroma of Mexican cookies and...

Patagonia endorses Democrats Tester, Rosen in Senate races

Oct. 19, 2018 8:26 PM EDT

WASHINGTON (AP) — Outdoor clothing giant Patagonia jumped into two competitive Senate races Friday, endorsing Democrats Jon Tester of Montana and Jacky Rosen of Nevada in what the company called its first foray into elective politics. The company described Tester and Rosen as champions of public lands and...

California hopefuls blame incumbents as farm towns struggle

Oct. 19, 2018 8:18 PM EDT

HURON, Calif. (AP) — A rooster signals the start of the day as workers wearing sombreros and ball caps emerge from the shadows and shuffle past boarded-up businesses in this tiny farm town. They converge on a dimly lit dirt lot outside Panaderia de Dios, a bakery sweetening the air with the aroma of...

California rolling forward with pot delivery regulations

Oct. 19, 2018 7:52 PM EDT

LOS ANGELES (AP) — California moved a step closer Friday to allowing marijuana deliveries in communities that have banned retail sales of the drug as regulators rebuffed cities and police chiefs who are opposed to the rule. The proposal is a major issue that could ultimately end up in court as the state...

US stocks wobble at the end of another shaky week of trading

Oct. 19, 2018 7:10 PM EDT

NEW YORK (AP) — U.S. stocks gave up an early rally Friday and struggled to another mixed finish as investors continued to sell former favorites like retailers. Household goods makers rose again as a week of choppy trading concluded. Stocks surged in early trading after better-than-expected reports from...

CEO of mining company tears into analysts during rant

Oct. 19, 2018 6:55 PM EDT

The CEO of a mining company exploded at short-sellers and Wall Street analysts on Friday, saying they don't know how to read financial reports and should quit their jobs. "You guys should resign for your lack of knowledge of things," said Lourenco Goncalves, the CEO of Cleveland-Cliffs Inc. "You are a disaster....