Latest Business News

A landmark climate change case will open at the top UN court as island nations fear rising seas

Nov. 30, 2024 23:14 PM EST

THE HAGUE (AP) — The top United Nations court will take up the largest case in its history on Monday, when it opens two weeks of hearings into what countries worldwide are legally required to do to combat climate change and help vulnerable nations fight its devastating impact. ...

Iceland votes for a new parliament after political disagreements force an early election

Nov. 30, 2024 19:04 PM EST

REYKJAVIK, Iceland (AP) — Icelanders voted to elect a new parliament Saturday after disagreements over immigration, energy policy and the economy forced Prime Minister Bjarni Benediktsson to pull the plug on his coalition government and call an early election. All polling stations...

Canada's Trudeau returns home after Trump meeting without assurances that tariffs are off the table

Nov. 30, 2024 15:56 PM EST

WEST PALM BEACH, Fla. (AP) — Canadian Prime Minister Justin Trudeau returned home Saturday after his meeting with Donald Trump without assurances the president-elect will back away from threatened tariffs on all products from the major American trading partner. Trump called the talks...

Trump threatens 100% tariff on the BRIC bloc of nations if they act to undermine US dollar

Nov. 30, 2024 15:16 PM EST

WEST PALM BEACH, Fla. (AP) — President-elect Donald Trump on Saturday threatened 100% tariffs against a bloc of nine nations if they act to undermine the U.S. dollar. His threat was directed at countries in the so-called BRIC alliance, which consists of Brazil, Russia, India,...

8 arrested after blast disrupts Kosovo water and power supplies

Nov. 30, 2024 14:24 PM EST

PRISTINA, Kosovo (AP) — A powerful explosion damaged a water canal and temporarily cut water and power supplies to Kosovo’s cities, the prime minister said Saturday, blaming groups supported by Serbia. At least eight people were arrested. Prime Minister Albin Kurti said the blast...

Southwest Airlines says it is ending cabin service earlier to reduce chance of injury

Nov. 30, 2024 12:27 PM EST

Southwest Airlines says it is ending its cabin service earlier on its flights starting next month. Beginning on Dec. 4, a company spokesperson said, flight attendants will begin preparing the cabin for landing at an altitude of 18,000 feet (5,486 meters) instead of 10,000 feet...

Trump and Republicans in Congress eye an ambitious 100-day agenda, starting with tax cuts

Nov. 30, 2024 11:07 AM EST

WASHINGTON (AP) — A tax break for millionaires, and almost everyone else. An end to the COVID-19-era government subsidies that some Americans have used to purchase health insurance. Limits to food stamps, including for women and children, and other safety net...

Canadian Prime Minister Trudeau flies to Florida to meet with Trump after tariffs threat

Nov. 30, 2024 09:06 AM EST

WEST PALM BEACH, Fla. (AP) — Canadian Prime Minister Justin Trudeau flew to Florida on Friday to have dinner with President-elect Donald Trump at his Mar-a-Lago club after Trump threatened to impose sweeping tariffs on Canadian products. Trump threatened to impose tariffs on...

Why your favorite catalogs are smaller this holiday season

Nov. 30, 2024 07:18 AM EST

PORTLAND, Maine (AP) — Honey, they shrunk the catalogs. While retailers hope to go big this holiday season, customers may notice that the printed gift guides arriving in their mailboxes are smaller. Many of the millions of catalogs getting sent to U.S. homes were...

Magic can't save 'Harry Potter' star Rupert Grint from a $2.3 million tax bill

Nov. 30, 2024 07:05 AM EST

LONDON (AP) — Former “Harry Potter” film actor Rupert Grint faces a 1.8 million-pound ($2.3 million) bill after he lost a legal battle with the tax authorities. Grint, who played Ron Weasley in the magical film franchise, was ordered to pay the money in 2019 after H.M. Revenue...