Latest Business News

World shares advance after meager gains on Wall Street

Dec. 6, 2019 3:58 AM EST

BANGKOK (AP) — Shares advanced in Europe and Asia on Friday after a wobbly session on Wall Street, as investors awaited a U.S. government jobs report and kept an eye out for developments in China-U.S. trade talks. Britain's FTSE 100 gained 0.5% to 7,171.45, while the CAC 40 in Paris advanced 0.3% to...

Uber reports more than 3,000 sexual assaults on 2018 rides

Dec. 6, 2019 3:39 AM EST

SAN FRANCISCO (AP) — Uber, as part of a long anticipated safety report, revealed that more than 3,000 sexual assaults were reported during its U.S. rides in 2018. That figure includes 235 rapes across the company's 1.3 billion rides last year. The ride-hailing company noted that drivers and riders were...

German factory production drops in Oct as economy struggles

Dec. 6, 2019 2:55 AM EST

BERLIN (AP) — October factory production dropped in Germany over the previous month in another sign the economy, Europe's largest, is struggling. The Federal Statistical Office reported Friday that industrial production fell 1.7% in October over September when adjusted for price, seasonal and calendar...

Veteran producer of 'WarGames,' 'Blue Bloods" dies at 85

Dec. 6, 2019 2:13 AM EST

LOS ANGELES (AP) — Leonard Goldberg, a network and studio executive and producer whose TV credits ranged from “Starsky and Hutch” in the 1970s to the current drama series “Blue Bloods” and whose independent movies included “WarGames” and “Sleeping with the...

US jobs data to give clues to economy amid trade uncertainty

Dec. 6, 2019 12:05 AM EST

WASHINGTON (AP) — Friday’s November jobs report will provide insight into whether steady hiring remains a source of strength for the U.S. economy even as the Trump administration’s trade conflicts have heightened uncertainties for employers. Economists have forecast that the government will...

California's 2nd largest card room pays $6 million in fines

Dec. 5, 2019 11:54 PM EST

SACRAMENTO, Calif. (AP) — California’s second-largest card room is paying state and federal regulators nearly $6 million for misleading gambling regulators and failing to do enough to deter money laundering, the state’s attorney general said Thursday. Hawaiian Gardens Casino, which recently...

Asian shares advance after meager gains on Wall Street

Dec. 5, 2019 11:22 PM EST

BANGKOK (AP) — Shares swung higher in Asia on Friday after a wobbly day of trading on Wall Street as investors awaited a U.S. government jobs report and kept an eye out for developments in China-U.S. trade talks. Hong Kong’s Hang Seng rose 0.7% to 26,401.47, while the Nikkei 225 in Japan picked up...

Energy company leaves debris in Michigan, delays report

Dec. 5, 2019 9:25 PM EST

PETOSKEY, Mich. (AP) — A Canadian-based energy transportation company's preparation of a proposed tunnel that would house a petroleum pipeline caused a borehole to collapse in Michigan, which left debris in the waterway. Enbridge Energy had been collecting rock and soil samples, which it finished Sept. 12...

Veteran producer of 'WarGames,' 'Blue Bloods," dies at 85

Dec. 5, 2019 8:59 PM EST

LOS ANGELES (AP) — Leonard Goldberg, a network and studio executive and producer whose TV credits ranged from “Starsky and Hutch” in the 1970s to the current drama series “Blue Bloods” and whose independent movies included “WarGames” and “Sleeping with the...

Tufts University severs ties with family behind OxyContin

Dec. 5, 2019 8:09 PM EST

BOSTON (AP) — Tufts University is cutting ties with the billionaire family that owns OxyContin maker Purdue Pharma, saying it will strip the Sackler name from its campus and accept no further donations amid concerns over the family's role in the opioid crisis. University officials announced the decision...