Latest Business News

India's ruling party takes 303 of 542 seats in election win

May. 24, 2019 9:20 PM EDT

NEW DELHI (AP) — Indian Prime Minister Narendra Modi met with leaders of his Hindu nationalist Bharatiya Janata Party on Friday following his thunderous victory in national elections. Modi met with his outgoing Cabinet ministers and later presented his resignation along with theirs to President Ram Nath...

Real estate title firm's lapse exposes data in 885M flies

May. 24, 2019 9:04 PM EDT

SANTA ANA, Calif. (AP) — A security lapse at a major real estate title company exposed the bank account numbers and other sensitive information contained in 885 million files. First American Financial confirmed the problem Friday after it was reported by the blog Krebs On Security . A flaw in an internet...

Authorities raid 247 Colorado homes growing black market pot

May. 24, 2019 8:57 PM EDT

DENVER (AP) — Authorities said Friday they raided hundreds of black market marijuana operations in Colorado that flouted the state's cannabis law by growing tens of thousands of plants in Denver-area homes and selling the drugs out of state. Investigators seized more than 80,000 plants and 4,500 pounds...

Marijuana businesses urge judge to review Nevada licenses

May. 24, 2019 8:55 PM EDT

LAS VEGAS (AP) — A judge shouldn't tip the scales as dozens of businesses that lost bids to open marijuana dispensaries push to freeze new licenses in Nevada's booming cannabis market, an attorney for the state argued Friday. Companies that didn't win the licenses are improperly asking Clark County...

3 injured in fire that destroyed Nebraska fertilizer plant

May. 24, 2019 7:38 PM EDT

HASTINGS, Neb. (AP) — A lightning strike at a Nebraska fertilizer plant set off a large fire that injured three truck drivers sleeping in the parking lot and destroyed the unoccupied factory, officials said Friday. The fire was reported about 11:30 p.m. Thursday at the Cooperative Producers Inc. dry...

The Latest: Fire marshal says lightning caused massive fire

May. 24, 2019 7:28 PM EDT

HASTINGS, Neb. (AP) — The Latest on a fire that destroyed a central Nebraska fertilizer plan (all times local): 5 p.m. The Nebraska Fire Marshal's office has determined a lightning strike caused the fire that destroyed a fertilizer plant and injured three people. The office said in a news release Friday...

Health tax splits California amid need for Trump's approval

May. 24, 2019 7:16 PM EDT

SACRAMENTO, Calif. (AP) — California lawmakers are headed toward a confrontation with Gov. Gavin Newsom over whether to keep a tax that can generate nearly $2 billion for low-income health benefits but means approval from the Trump administration amid a feud between state and federal officials. Senate and...

United Airlines extends cancellation of Boeing Max flights

May. 24, 2019 6:52 PM EDT

United Airlines is canceling another month's worth of flights with Boeing 737 Max planes that were grounded after two deadly accidents. United said Friday it has removed the Max from its schedule through Aug. 3 and will cancel about 2,400 flights in June and July as a result. It had previously canceled all Max...

The Latest: PM May resigns, won't lead Britain out of EU

May. 24, 2019 6:34 PM EDT

LONDON (AP) — The Latest on Brexit and Britain's political crisis (all times local): 8:15 p.m. Theresa May has ended her failed three-year quest to lead Britain out of the European Union, announcing that she will step down as Conservative Party leader June 7 and triggering a contest to choose a new prime...

Michigan Legislature approves bill to cut high auto premiums

May. 24, 2019 6:34 PM EDT

LANSING, Mich. (AP) — Michigan's Legislature on Friday passed a landmark bill that would cut the country's highest auto insurance premiums by letting drivers forego a one-of-a-kind requirement to buy unlimited medical coverage for crash injuries. The votes followed the announcement of an agreement between...