Latest Business News

Zita Robinson, left, who's 77 and diabetic, looks at her granddaughter, 8-year-old Traris

The Latest: Arizona nearing 4,500 deaths from coronavirus

Aug. 15, 2020 3:31 PM EDT

PHOENIX — Arizona reported 933 confirmed coronavirus cases and 69 deaths on Saturday. That increases the state’s totals to more than 192,000 cases and 4,492 deaths. The seven-day rolling average of daily new cases decreased from 2,550 to 1,021 per day from July 30 to Aug. 13. The seven-day rolling...

940 employees to be laid off at McCarran Airport in Vegas

Aug. 15, 2020 3:12 PM EDT

LAS VEGAS (AP) — The food service provider at McCarran International Airport in Las Vegas says it will lay off 940 employees, the organization said in a letter to Nevada officials. HMSHost sent a letter to the Nevada Department of Employment, Training and Rehabilitation about the decisions on Tuesday. The...

Madison Square Garden Sports Corp.: Fiscal 4Q Earnings

Aug. 15, 2020 2:00 PM EDT

NEW YORK (AP) — Madison Square Garden Sports Corp. (MSGS) on Friday reported a loss of $78.5 million in its fiscal fourth quarter. On a per-share basis, the New York-based company said it had a loss of $3.27. Losses, adjusted to account for discontinued operations, came to $3.26 per share. For the year,...

FILE - In this March 1999, file photo, the first load of nuclear waste arrives at the Waste Isolation Pilot Plant site in Carlsbad, N.M., from Los Alamos National Laboratory. Managers of the federal government's underground nuclear waste repository in southern New Mexico say operations are ongoing despite a recent increase in COVID-19 cases among workers. The Carlsbad Current-Argus reports that the Waste Isolation Pilot Plant has seen cases among employees and contract workers more than double in the last week. (AP Photo/Thomas Herbert, File)

Work ongoing at US nuclear repository despite virus cases

Aug. 15, 2020 1:32 PM EDT

CARLSBAD, N.M. (AP) — Managers of the federal government’s underground nuclear waste repository in southern New Mexico say operations are ongoing despite a recent increase in COVID-19 cases among workers. The Waste Isolation Pilot Plant has seen cases among workers more than double in the last...

4 Indiana cities sue Netflix, Hulu for unpaid franchise fees

Aug. 15, 2020 12:03 PM EDT

VALPARAISO, Ind. (AP) — Four Indiana cities are suing video streaming services, including Netflix and Hulu, seeking to require them to pay the same franchise fees to local governments that cable companies must pay. The class-action lawsuit filed this month argues that major video streaming services must...

FILE - In this Sunday, July 12, 2020, file photo, a man lies on the beach amid the coronavirus pandemic in Santa Monica, Calif. California faces a heat wave Friday, Aug. 14, 2020, that could bring dangerously high temperatures throughout the state, along with the threat of wildfires and spreading coronavirus infections as people flock to beaches and recreation areas. (AP Photo/Marcio Jose Sanchez, File)

California heat spurs 1st rolling power outages since 2001

Aug. 15, 2020 11:01 AM EDT

LOS ANGELES (AP) — California on Friday ordered rolling power outages for the first time since 2001 as a statewide heat wave strained its electrical system. The California Independent System Operator (California ISO), which manages the power grid, declared an emergency shortly after 6:30 p.m. and directed...

FILE - This Sept. 20, 2013 file photo shows an aerial view of the Pacific resort city of Acapulco, Mexico. Mexico’s Pacific coast resort of Acapulco expressed hope Friday, Aug. 14, 2020, for a return of tourists, as the number of new coronavirus cases drop and the violence that drove travelers away slowly declines. (AP Photo/Eduardo Verdugo, File)

Mexico's Acapulco hopes for rebound as virus, violence drop

Aug. 15, 2020 8:17 AM EDT

MEXICO CITY (AP) — Mexico’s Pacific coast resort of Acapulco is putting its hopes on a return of tourists as the number of coronavirus cases drops and the violence that drove travelers away slowly declines. The governor of the state of Guerrero said Friday that hotels will now be allowed to accept...

President Donald Trump speaks at a news conference in the James Brady Press Briefing Room at the White House, Wednesday, Aug. 12, 2020, in Washington. (AP Photo/Andrew Harnik)

AP FACT CHECK: Trump skews record on Biden-Harris, economy

Aug. 15, 2020 7:51 AM EDT

WASHINGTON (AP) — President Donald Trump greeted the Democratic presidential ticket of Joe Biden and Kamala Harris this past week with a litany of distortion and falsehoods, raging against cases of voting fraud where they didn't exist and declining to quash conspiracy theories about Harris’...

Members of the National Cadet Corps, a youth wing of Armed Forces for school and college students, dressed in the colors of the Indian national flag and wearing face masks as a precaution against coronavirus, listen to the speech of Indian prime minister Narendra Modi from the ramparts of the historic Red Fort monument on Independence Day in New Delhi, India, Saturday, Aug. 15, 2020. India's prime minister said Saturday his country has done well in containing the coronavirus pandemic and announced $1.46 trillion infrastructure projects to boost the sagging economy. (AP Photo/Manish Swarup)

Asia Today: Restrictions in S. Korea, India cases hit 2.5M

Aug. 15, 2020 5:53 AM EDT

SEOUL, South Korea (AP) — South Korea on Saturday announced stronger social distancing restrictions for its greater capital area where a surge in COVID-19 cases has threatened to erase the hard-won gains against the virus. The two-week measures starting Sunday will allow authorities in Seoul and towns in...

Indian Prime Minister Narendra Modi speaks from the ramparts of the historic Red Fort monument on Independence Day in New Delhi, India, Saturday, Aug. 15, 2020. (AP Photo/Manish Swarup)

India to invest $1.46 trillion to lift virus-hit economy

Aug. 15, 2020 5:35 AM EDT

NEW DELHI (AP) — India’s prime minister said Saturday his country has done well in containing the coronavirus pandemic and announced $1.46 trillion in infrastructure projects to boost the sagging economy. The key lesson India learned from the pandemic is to become self-reliant in manufacturing and...