Business & economy news - KULR8.com | News, Weather & Sports in Billings, Montana

Stars Group doubles down with purchase of Sky Betting

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Canadian online-gambling company Stars Group Inc. says it is buying U.K.-based Sky Betting & Gaming in a deal worth $4.7 billion. More>>

Mexico's Pena Nieto optimistic on NAFTA overhaul talks

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Mexico's president has said at a trade fair in Germany that he's optimistic about reaching a deal to overhaul the North American Free Trade Agreement. More>>

Lobbyist tied to condo met with EPA chief, despite denials

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A new federal disclosure shows a Washington lobbyist tied to a bargain-priced condo leased by EPA chief Scott Pruitt sought to influence the agency on behalf of a client earlier this year. More>>

Average price of US gas jumps 9 cents, to $2.83 a gallon

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The average U.S. price of regular-grade gasoline spiked 9 cents a gallon over the past two weeks to $2.83. More>>

China auto show highlights industry's electric ambitions

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Global automakers are showcasing their efforts to create electric cars for China's fast-growing but crowded market at their industry's biggest show of the year. More>>

UK calls on social media firms to better protect children

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Britain's health secretary has threatened to introduce new laws targeting online social media companies if they don't do more to protect children. More>>

'A Quiet Place,' 'Rampage' lead newcomers at box office

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"A Quiet Place" and "Rampage" are fighting it out again for the top spot at the domestic box office this weekend and easily beating newcomers like Amy Schumer's "I Feel Pretty" and "Super Troopers 2.". More>>

Mnuchin expresses optimism trade standoffs can be resolved

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US Treasury secretary expresses optimism over trade tensions. More>>

Russia adds Google IPs to registry of banned sites

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Russia's communications watchdog agency says it is adding some Google IP addresses to the state register of banned sites, as a dispute over a banned messaging app intensifies. More>>

China's ZTE says it's seeking a solution to US tech ban

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ZTE Corp., one of China's biggest tech companies, says it is taking steps to comply with a ban on U.S. technology and is actively seeking a solution to an issue it says threatens its survival. More>>

Suburban Seattle getting rare, private US airport terminal

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An entrepreneur wants to bring a global trend to the U.S. and put commercial airport terminals in the hands of private companies instead of the government. More>>

DOJ looks into how AT&T, Verizon handle defecting customers

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The Justice Department has opened an antitrust investigation into whether AT&T and Verizon and a standards-setting group worked together to hinder consumers from easily switching wireless carriers. More>>

FAA orders more engine inspections after Southwest accident

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The manufacturer of the jet engine involved in a fatal Southwest Airlines accident Tuesday wants more jets to be inspected for potential problems. More>>

Musk's LA transport tunnel proposal takes step forward

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A Los Angeles City Council committee has approved an environmental review exemption for a tunnel Elon Musk wants to dig to test a novel underground transportation system. More>>

Audit clears Facebook despite Cambridge Analytica leaks

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Audit of Facebook's privacy practices found no problems, though company knew a data-mining firm improperly obtained private data from millions of users. More>>

Amazon's reveals its Prime service has 100 million members

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Amazon has persuaded more than 100 million shoppers to subscribe to its Prime service as its empire and ambitions expand. More>>

Cybersecurity expert's case delayed as new details emerge

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A British cybersecurity expert once hailed as a hero for stopping a computer virus will be in federal court in Milwaukee to try to weaken a criminal case against him by having his post-arrest statements tossed. More>>

The Latest: World Bank approves increase in lending capacity

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Treasury Secretary Steven Mnuchin is urging the International Monetary Fund and the World Bank to pursue reforms that will support Trump administration foreign policy initiatives. More>>

N. Korea, setting stage for talks, halts nuclear, ICBM tests

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North Korea says it has suspended nuclear and long-range missile tests and plans to close its nuclear test site. More>>

Facebook adds privacy settings to comply with European rules

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Facebook is introducing more privacy safeguards to users in Europe to comply with new rules meant to make it easier for consumers to give and withdraw consent for the use of their data. More>>

Wells Fargo fined $1B for mortgage, auto lending abuses

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Wells Fargo fined a combined $1 billion by federal regulators for abuses tied to its mortgage and auto lending businesses. More>>

Mexico, EU reach deal to update trade agreement

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Mexico says it has reached a deal with the European Union to update their trade agreement, including the elimination of tariffs on a number of agricultural products. More>>

Americans told to toss romaine lettuce over E. coli fears

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The Centers for Disease Control is expanding a warning about contaminated lettuce from Arizona that has now sickened dozens of people in several states. More>>

Mnuchin expresses optimism for resolution of trade fights

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Trump administration defends tough trade stance at global finance meetings. More>>

Smyths Toys to take over Toys R Us stores in Germany

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Ireland-based Smyths Toys has reached a deal to take over more than 90 Toys R Us stores in Germany, Austria and Switzerland. More>>

European regulators tighten order for jet fan blade tests

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The European Aviation Safety Agency has tightened a nearly month-old directive ordering inspections of some fan blades in engines like those used on a Southwest Airlines jet involved in a fatal accident. More>>

Pot politics: Schumer joins politicians rethinking marijuana

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The Senate's top Democrat says he now supports making marijuana legal under federal laws. More>>

Russia takes heavy hand to internet to block messaging app

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The chief of the Russian communications watchdog has admitted to blocking access to millions of IP addresses in a so far futile attempt to block a popular messaging app. More>>

Lobbyist tied to condo leased by EPA chief retires from firm

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The fossil-fuels lobbyist tied to the bargain-priced Capitol Hill condo leased by Environmental Protection Agency chief Scott Pruitt is taking early retirement as a result of the scandal. More>>

Science Says: Amount of straws, plastic pollution is huge

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Cities and even countries now such as Great Britain are looking at banning straws because plastic pollution is a huge global problem. More>>

First clues emerge about Cuba's future under new president

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First clues of Cuba's future power structure under new president emerge. More>>

The Latest: Global leaders fear rising trade tensions

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Global finance ministers see rising trade tensions between the United States and China as a major threat facing the world economy. More>>

New data: Americans filling far fewer opioid prescriptions

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New data show that prescriptions for opioid painkillers filled in the U.S. had their biggest drop in 25 years in 2017. More>>

US experts back marijuana-based drug for childhood seizures

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US panel says a medicine made from the marijuana plant should be approved to treat severe epileptic seizures in children. More>>

Kushner Cos. subpoenaed by feds after AP report

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The Kushner Cos. is confirming it was subpoenaed by federal prosecutors for information related to an Associated Press report that the company filed dozens of false documents about its buildings in New York City. More>>

Mattel CEO to step down after being at helm for 14 months

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Mattel's CEO Margaret Georgiadis is leaving the company; company names a Mattel director. More>>

Army lowers 2017 recruiting goal; more soldiers staying on

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The U.S. Army will not meet its mission to recruit 80,000 soldiers this year and has now officially lowered the goal. More>>

Trump administration pushes back against trade criticism

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The head of the International Monetary Fund is urging countries to work out their differences over trade. More>>

Trump calls OPEC efforts to boost oil prices 'not good'

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President Donald Trump says oil-producing cartel OPEC "is at it again," and that efforts to maintain high prices "will not be accepted!". More>>

Bat key to tequila trade gets off US endangered species list

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Wildlife managers in the American Southwest say a once-rare bat important to the pollination of plants used to produce tequila has made a comeback and is being removed from the U.S. endangered species list. More>>

EU renews call for Zuckerberg to testify over data scandal

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The European Parliament is repeating a call for Facebook CEO Mark Zuckerberg to testify about the internet giant's data privacy scandal, after Zuckerberg offered to send someone else in his place. More>>

Southwest sends apology, $5K, to passengers on damaged jet

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Southwest offers apology and compensation to passengers involved in emergency landing incident. More>>

Big banks saved $3.6B in taxes last quarter under new law

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The nation's six big Wall Street banks saved at least $3.59 billion in taxes just last quarter due to new tax law, giving public a first glimpse in how Corporate America is benefiting from the new Trump tax law. More>>

AP-NORC Poll: Americans expect Russia tension will get worse

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Americans are largely pessimistic about U.S. relations with Russia and China in the next year, and despite signs of diplomatic progress with Kim Jong Un over nuclear weapons, nearly half also expect things to get worse with North Korea. More>>

Fairfax bids $300 million for Toys R Us's Canada business

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Fairfax bids $300 million for Toys R Us's Canada's business; retailer designates bidder as "stalking horse". More>>

Slumping tech companies weigh on US stocks

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The major U.S. stock indexes are down in early trading, adding to the market's modest losses a day earlier. More>>

SunTrust says ex-worker may have stolen data on 1.5M clients

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SunTrust says 1.5 million clients' data potentially compromised in following employee theft. More>>

Brexit pushes European dairy giant to make cuts

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A major European dairy cooperative says "2 unexpected developments" _ the currency impact of Brexit and the impact of the reversal in commodity prices on fat and protein _ have forced them to a more than 400 million euro of savings. More>>

Walmart tests new employee dress code at some stores

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Retail giant Walmart is testing a new dress code that gives employees more freedom. More>>

ZTE protests US penalty, says it is seeking solution

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Chinese tech company ZTE protests 'unfair' US penalty, says it's seeking legal solution. More>>

Wayfair follows Amazon with its own made-up holiday: Way Day

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Wayfair follows Amazon with its own made-up holiday: Way Day. More>>

New Jersey governor signs drill ban to thwart Trump plan

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New Jersey Gov. Phil Murphy has signed a bill prohibiting oil and natural gas drilling in state waters, as well as preventing infrastructure like pipelines that could support drilling in more distant federal waters. More>>

Southwest Airlines sought more time for engine inspections

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US airline regulators have ordered inspections on engine fan blades like the one that snapped off a Southwest Airlines plane, leading to the death of a woman who was partially blown out a window. More>>

2 black men arrested at Starbucks get an apology from police

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Two black men arrested at a Philadelphia Starbucks where they were waiting for a business meeting say they wonder how an everyday encounter could escalate into a police confrontation that left them fearing for their lives. More>>

Stock markets steady, oil slips after Trump slams OPEC

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Asian shares fall back on trade worries, tech outlook. More>>

1 person in custody after raids at Porsche

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Prosecutors say one person is in custody in an investigation of current and former managers at automaker Porsche, a unit of Volkswagen, over the company's diesel emissions scandal. More>>

UK pound drops as central bank chief tempers rate hike talk

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The British pound's descent from post-Brexit highs has gathered pace after the Bank of England's governor tempered market expectations of another interest rate hike from the bank next month. More>>

Australian financial firm CEO steps down over fee scandal

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The AMP's chief executive has stepped down following revelations that Australia's largest wealth manager charged customers for financial services they never received and misled the industry watchdog. More>>

Reports: Wells Fargo to be fined $1B as early as Friday

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Reports: Federal regulators plan to fine Wells Fargo as much as $1 billion as early as Friday for abuses tied to its auto lending and mortgage businesses. More>>

'Fearless Girl' to leave Wall Street's 'Charging Bull'

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New York's 'Fearless Girl' statue that has become a global symbol of female business prowess will be moved from her spot staring down the Wall Street 'Charging Bull' to a location facing the New York Stock Exchange. More>>

Asian shares fall back on trade worries, tech outlook

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U.S. stocks are broadly lower in early trading, weighed down by losses in technology companies and makers of consumer products. More>>

US regulators float ideas for boosting medical device safety

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US health officials propose steps to improve the government's oversight of medical devices. More>>

Queen tips Prince Charles to follow her as Commonwealth head

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Queen Elizabeth II has opened a summit of the 53-nation Commonwealth, and backed her son Prince Charles to be the next leader of the association of Britain and its former colonies. More>>

IMF's Lagarde: Trade tensions threaten global economy

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IMF's Largarde: US-China trade tensions, rising debt load threaten healthy global economy. More>>

Raul Castro retires as Cuban president, outlines future

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A 57-year-old bureaucrat will take Raul Castro's place as the president of Cuba on Thursday as a government led by a single family for six decades tries to ensure the long-term survival of one of the world's last communist states. More>>

Russia says US visa delays could halt direct flights

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The Russian Foreign Ministry says increasing delays by the United States in issuing visas could result in flagship airline Aeroflot ending flights to the U.S. More>>

US officials: 16 nations agree to track Venezuela corruption

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Two senior U.S. Treasury officials say finance ministers from several Latin American nations as well as the U.S. and Europe have agreed to work jointly to locate and seize assets arising from corruption by Venezuelan government insiders. More>>

Southwest Airlines pilot pushed Navy boundaries for flying Video included

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The Southwest Airlines pilot being lauded as a hero in an emergency landing after a passenger was partly blown out of the jet's damaged fuselage is also being hailed for her pioneering role in aviation. More>>

Dakotas sunflower seed competitors settle federal lawsuits

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Federal lawsuits between two sunflower seed competitors in the Dakotas who accused each other of false advertising have been settled out of court. More>>

Michigan sues company over Great Lakes power cable damage

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Michigan Attorney General Bill Schuette sues the company he says damaged electric cables and oil pipelines in a Great Lakes channel by dragging a tugboat anchor across them. More>>

Oil, gas drilling in pristine Alaska refuge takes step ahead

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The Trump administration is moving toward oil and gas drilling in Alaska's Arctic National Wildlife Refuge. More>>

The Latest: Police chief apologizes to men from Starbucks

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Philadelphia's police commissioner is apologizing to two black men who were arrested at a Starbucks in the city. More>>

Iceland: Bitcoin heist suspect has likely fled to Sweden

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A man suspected of masterminding the theft of about 600 computers used to mine bitcoins and other virtual currencies has likely fled to Sweden after breaking out of a prison in Iceland. More>>

Correction: Obit-Mellon story

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Billionaire banking heir Matthew Mellon has died. He was 54. More>>

US easing rules on sales of armed drones, other weaponry

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The Trump administration is making it easier for U.S. defense contractors to sell armed drones and other conventional weapons to foreign governments. More>>

Russia joins bid to win compensation over US metals tariffs

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Russia has joined the European Union, India and China in demanding compensation from the United States for its tariffs on foreign steel and aluminum. More>>

Trade issues expose the limits of Trump-Abe 'bromance'

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Trump rejects Abe's efforts to win a pass on tariffs for Japan and persuade US to rejoin TPP trade deal, showing the limits of their 'bromance'. More>>

Germany's Merkel appears open to compromise on EU reforms

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German Chancellor Angela Merkel has signaled her willingness to find compromises with France when it comes to reforming the European Union, as she hosted French President Emmanuel Macron for talks in Berlin. More>>

UK mulls plan to ban plastic straws and cut waste

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The British government wants to take action to ban plastic straws, drink stirrers and cotton buds _ and is urging other Commonwealth nations to follow suit. More>>

'Pharma Bro' moves to New Jersey _ for federal prison stay

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The pharmaceutical-industry entrepreneur vilified for jacking up the price of a lifesaving drug has been placed in a low-security federal prison in New Jersey. More>>

Kremlin says nationalizing sanction-hit Rusal is an option

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The Kremlin says a temporary nationalization of aluminum producer Rusal is being discussed after the company was hit by United States sanctions. More>>

Cell phones, biometrics fuel jump in bank account ownership

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Roughly seven out of every 10 adults worldwide now has some form of a bank account, the World Bank said, fueled by the proliferation of cell phone-based bank accounts and other simple bank account programs in places like India and Sub-Saharan Africa. More>>

China: Qualcomm plan 'has difficulty' resolving concerns

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The Chinese government says Qualcomm Inc.'s plan for its $44 billion acquisition of NXP Semiconductors 'has difficulty' resolving concerns of anti-monopoly regulators. More>>

Marijuana-based drug gets positive review from US agency

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Federal health officials say a closely watched medicine made from the marijuana plant significantly reduces seizures in children with severe forms of epilepsy and warrants approval in the U.S. More>>

First Saudi cinema opens with popcorn and 'Black Panther'

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Saudi Arabia heralds opening of cinemas, screens Hollywood's 'Black Panther' in country's first movie theater. More>>

Corruption watchdog: G-20 moving slowly against tax havens

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An international corruption watchdog group says the world's Group of 20 industrialized and developing nations have made only slow progress improving the legal tools to ensure transparency. More>>

When to ignore credit card advice

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Credit card advice isn't one-size-fits-all, and in some cases generic tips could hurt more than help. More>>

P&G reports flat 3Q profit, buys Merck unit

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P&G reports flat 3Q profit on tougher competition as it expands with Merck unit purchase. More>>

Cambridge Analytica ex-CEO refuses to testify in UK

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The British Parliament's media committee says Cambridge Analytica's former CEO, Alexander Nix, says he'll no longer testify at un upcoming session on fake news, citing an ongoing investigation by the information commissioner's office. More>>

House panel moves to curb food stamps, renew farm subsidies

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A bitterly-divided House panel has approved new work and job training requirements for food stamps as part of a five-year renewal of federal farm and nutrition policy. More>>

Procter & Gamble pays $4.2 bln for unit of Germany's Merck

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German pharmaceutical and materials company Merck says has agreed to sell its global consumer health business to Procter & Gamble for 3.4 billion euros in cash. More>>

Global stocks take a breather as oil price rally continues

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Asian shares higher as optimism on global economy helps investors shake off worries about geopolitical risks. More>>

Immune therapy scores big win against lung cancer in study

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New research suggests that many more lung cancer patients may benefit from treatments that boost the immune system, which have scored some of their biggest wins until now in less common cancer types. More>>

Chinese e-commerce giant Alibaba sets plans for Thailand

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Chinese e-commerce giant Alibaba to step up investments in Thailand. More>>

Starbucks incident highlights perils of shopping while black

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The handcuffed arrest of two black men at a Philadelphia Starbucks served as a fresh reminder of the perils of "retail racism" that African-Americans and minorities encounter on a regular basis. More>>

Novartis 1Q profit jumps 12 percent as heart drug sales soar

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Swiss pharmaceuticals company Novartis says net income jumped 12 percent in the first quarter, pointing to explosive growth in its heart-failure drug Entresto and powerful double-digit percentage growth for psoriasis drug Cosentyx. More>>

Unilever announces share buyback, dividend boost

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Unilever, the consumer goods multinational whose brands include Dove, Knorr and Ben & Jerry's, says that it is planning a share buyback worth up to 6 billion euros ($7.4 billion) later this year. More>>

US manufacturers seek relief from steel and aluminum tariffs

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Small and medium-size US manufacturers seek exemptions from Trump's steel and aluminum tariffs. More>>

Possibility of first-ever strike divides Arizona teachers

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Arizona teachers are among the lowest paid in the nation and they're weighing whether to walk out of their classrooms to demand more school funding after weeks of growing protests. More>>

Japan finance official quits over alleged sexual misconduct

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Japan's vice finance minister resigned over sexual harassment allegations in the latest embarrassment for Prime Minister Shinzo Abe's government. More>>

Asian shares higher on optimism about global growth

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U.S. stocks are wavering between small gains and losses as investors size up the latest company earnings and deal news. More>>

Trump, Abe fail to agree on US tariff exemption for Japan Video included

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Trump is seeking to reassure Japanese Prime Minister Shinzo Abe of their close alliance ahead of Trump's planned talks with North Korea. More>>

Liquidation firms win bid for The Bon-Ton Stores

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Department store operator The Bon-Ton Stores facing liquidation after bankruptcy auction. More>>

Largest maker of bump stocks will stop accepting orders

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Slide Fire, the maker of bump stock devices that allow semi-automatic rifles to shoot continuously, is shutting down its business. More>>

Regulators to require inspections after jet engine explosion

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The National Transportation Safety Board says a preliminary examination of the blown jet engine of the Southwest Airlines plane that made an emergency landing in Philadelphia showed evidence of 'metal fatigue'. More>>

'That's how she's wired': Pilot lauded for handling crisis

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The Southwest Airlines pilot being lauded as a hero in an emergency landing after a passenger was partly sucked out of the jet's damaged fuselage is also being hailed for her pioneering role in aviation. More>>

The Latest: Southwest pilots: 'Our hearts are heavy' Video included

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The Philadelphia medical examiner has released the cause of death of a woman killed when she was partially blown out of a window on a Southwest Airlines plane after an engine failure. More>>

Miguel Diaz-Canel selected as next president of Cuba

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Cuban state media say the country's National Assembly will elect a new president on Wednesday but will only announce the replacement for Raul Castro the following day. More>>

Zinke signs order to expand recreational opportunities

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Interior Secretary Ryan Zinke has ordered his agency to expand recreational opportunities on public lands and waterways. More>>

Trump says he'll sanction Russia as soon as they deserve it

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An internal White House quarrel over the timing of new Russia sanctions played out in public when a U.S. official suggested U.N. Ambassador Nikki Haley suffered from "momentary confusion" and Haley retorted: "With all due respect, I don't get confused.". More>>

US sorghum growers fear China tariffs could cost them dearly

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American sorghum farmers fear they will lose their largest export market if China follows through with a tariff on their crop. More>>

Russia denies 'feeble' US, UK charges of internet tampering

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Russia denies 'feeble' US, UK charges of subverting internet equipment for espionage, possible attacks. More>>

Wynn Resorts expands board of directors, adds 3 women

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Las Vegas-based Wynn Resorts has expanded its board of directors to 11 members, with the appointment of 3 women. More>>

Parkland parents urge steps to improve school safety

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The father of a 14-year-old boy killed in the Parkland school shooting is calling for national standards for school safety, including measures to "harden" schools with bulletproof glass and technology that allows teachers to communicate during a crisis. More>>

Bank executive killed in jet tragedy remembered as selfless

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A New Mexico bank executive who died on Southwest Airlines flight was remembered Wednesday as a dedicated the mother of two who helped others find jobs, volunteered around Albuquerque and brought often fractious sides together. More>>

Snowmelt floods roads, fields in much of northern Montana

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Snowmelt is washing out roads, flooding fields and spilling rivers and streams over their banks in much of northern Montana. More>>

The Latest: Trump prefers bilateral trade deal with Japan

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President Donald Trump and Japan's Shinzo Abe are making time for a round of golf during their Mar-a-Lago summit. More>>

American Express 1Q profits rise 31 percent, helped by taxes

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Credit card giant American Express says it had the second-highest quarterly profit in its history last quarter, driven by strong customer spending on its namesake credit cards and a much lower tax bill. More>>

GOP's regulatory fight goes to another level over car loans

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The Republican-led Congress is poised to undo guidance a consumer protection agency issued five years ago to help ensure minority car buyers aren't charged higher interest rates. More>>

Amazon partners with Best Buy on smart TVs, a "win-win"

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Amazon opens the door to potential customers overseas, cuts deal with Best Buy. More>>

Northwest high-voltage transmission lines OK'd by officials

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Federal officials have approved routes for two high-voltage transmission lines in southwestern Idaho intended to modernize the Pacific Northwest's energy grid. More>>

Fed survey finds worries about higher tariffs

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Federal Reserve latest business survey finds concerns about impact of Trump's trade policies. More>>

Condemned Northern California house sells for $1.23 million

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A condemned Northern California house with holes in the roof and mildew in the pipes sold last month for $1.23 million. More>>

School shooting survivor calls for investment firm boycott

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A survivor of a mass shooting that killed 17 at a Florida high school is calling for a boycott of two of what he calls the biggest investors in gun manufacturers _ BlackRock and The Vanguard Group. More>>

Road to homeownership gets rockier this spring as rates rise

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A dearth of homes for sale, rising prices and a recent climb in mortgage rates dim prospects for buyers this spring homebuying season. More>>

Queen to welcome Commonwealth leaders as group seeks mission

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The flags of more than 50 nations are flying outside Buckingham Palace Queen Elizabeth II prepares to welcome leaders from the Commonwealth, an international club with an eclectic membership, an identity problem and an uncertain future. More>>

Waze causing LA traffic headaches, city council member says

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A Los Angeles councilman is asking the city to consider legal action against Waze over complaints that the navigation app is recklessly guiding motorists off thoroughfares and into residential neighborhoods in search of shorter or quicker routes. More>>

Abu Dhabi's Warner Bros. indoor amusement park opens in July

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Abu Dhabi's new Warner Bros. indoor amusement park opens in July as massive Dubai park faces $300 million shortfall. More>>

UK hopes former colonies can give trade boost after Brexit

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For decades, the Commonwealth, at least in Britain has been largely ignored, a quaint relic of an empire upon which the sun never set. More>>

Iran bans government bodies from using foreign message apps

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Iranian state TV says government bodies have been barred from using foreign messaging apps. More>>

UK govt suffers Parliament defeat on key Brexit bill

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Britain's key Brexit bill has hit a hurdle, with the House of Lords voting to seek continued membership in the European Union's customs union. More>>

Atlantic City's Hard Rock casino sets June 28 opening date

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Atlantic City's Hard Rock casino resort announces June 28 opening date. More>>

Landing the right house in a tough market for homebuyers

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Shoppers need nerve, savvy and preferably cash to survive this home-buying season. More>>

UK chain Costa pledges new recycling targets for coffee cups

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A UK coffee house chain has pledged to recycle as many disposable cups as it sells by 2020, tapping into public anxiety over the increasing levels of waste in the world's oceans. More>>

Eni investing 7 billion euros in Italy over 4 years

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Eni CEO Claudio Descalzi says that the oil giant will invest 7 billion euros ($8.6 billion) in activities in its home country of Italy over the next four years. More>>

Fox News: Sean Hannity has our full support

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Fox News says it was unaware before it was revealed in court that its prime-time host, Sean Hannity, shared a lawyer with President Donald Trump. More>>

Toy manufacturer Hasbro announces pilot recycling program

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Rhode Island-based toy manufacturer Hasbro announces pilot toy recycling program. More>>

Road to homeownership gets rockier this spring as rates rise

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A dearth of homes for sale, rising prices and a recent climb in mortgage rates dim prospects for buyers this spring homebuying season. More>>

TaskRabbit offline after security breach

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TaskRabbit says it's investigating a cybersecurity incident that has caused it to shut down its online on-demand services platform. More>>

Zimbabwe marks Independence Day _ from Mugabe, too

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Zimbabwe marks Independence Day _ from Mugabe, too; many celebrating 'a new era'. More>>

Strike extended, Greek ferries stuck in port until Friday

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Greek seamen are extending their strike for a further 24 hours, leaving the country's mainland and islands without ferry services until Friday morning. More>>

Global stocks rise after Wall Street gains for 2nd day

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Asian stock markets follow Wall Street higher despite Chinese tariff hike on U.S. sorghum in worsening trade dispute. More>>

Morgan Stanley posts record 1Q profit, helped by trading

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Investment bank Morgan Stanley posts record profit in the first quarter, helped by a lower tax bill and a boost in revenue from last quarter's volatile markets. More>>

IRS gives taxpayers extra day to file after website issues

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IRS online payment site is out of commission on tax day. More>>

Netflix is proving to be a tough act for copycats to follow

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Netflix success in video streaming won't be easily duplicated by Spotify, other wanna-be clones. More>>

The Latest: Taxpayers get 1-day extension due to IRS glitch

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IRS websites for payment and other key services are out of commission on tax day. More>>

Germany: prosecutors carry out raids in Porsche diesel probe

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Prosecutors have carried out raids at 10 locations in southern Germany in an investigation of current and former managers at automaker Porsche, a unit of Volkswagen, over the company's diesel emissions scandal. More>>

High court worries about abandoning online sales tax rule Video included

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The Supreme Court is hearing arguments in a case that has to do with businesses' collection of sales tax on online purchases. More>>

French trains, Air France flights disrupted by strikes

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Rail traffic across France and Air France flights were disrupted by strikes Wednesday despite the insistence of French President Emmanuel Macron that protest actions won't prevent him from making changes to the country's economy. More>>

Drop in UK inflation raises doubts over rate hike

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Official figures show that inflation in Britain has unexpectedly fallen in March, a development that is likely to raise questions in the markets as to whether the Bank of England will raise interest rates again this month. More>>

EU says US tariffs are 'distorting' global trade flows

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EU Trade Commissioner Cecilia Malmstrom says that new U.S. steel and aluminum tariffs are distorting global trade and could hurt economic growth. More>>

Suspect in Iceland's 'Big Bitcoin Heist' escapes prison

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A prisoner in Iceland suspected of masterminding the theft of about 600 computers used to mine bitcoin has managed to escape custody and flee the remote North Atlantic nation on a passenger plane. More>>

IMF: A major trade rift could imperil solid global economy

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IMF, on eve of meetings, foresees bright outlook for US and global economies this year. More>>

Starbucks to close stores for an afternoon for bias training Video included

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Through the looking glass: Arrest of black men is a blow to the inclusive image Starbucks has cultivated. More>>

Researchers: Silk Road projects give China strategic benefit

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Report says China's Belt and Road program aimed at expanding Beijing's political influence, military presence. More>>

Iceland company to resume commercial hunting of fin whales

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A whaling company in Iceland is preparing its fleet to bring the commercial hunting of fin whales back to the country. More>>

Jet with engine, window damage makes emergency landing

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A Southwest Airlines plane has made an emergency landing at Philadelphia's airport, and video from the scene appears to show a damaged engine. More>>

Japan fiscal year trade surplus with US up nearly 6 percent

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Japan's trade surplus with the U.S. grows nearly 6 percent in last fiscal year. More>>

Supreme Court dismisses Microsoft search case

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The Supreme Court has dismissed a dispute between the Trump administration and Microsoft over emails the government as part of a drug trafficking investigation. More>>

Asian stocks rise after Wall Street gains for 2nd day

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U.S. stocks are moving solidly higher in early trading, adding to the market's gains from a day earlier. More>>

US tells WTO it will consult with China over tariff policies

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The United States has told the World Trade Organization it has agreed to discuss with China the Trump administration's efforts to slap tariffs on steel, aluminum and an array of goods from China. More>>

Trump touts US-NKorea talks; officials say Pompeo met Kim Video included

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President Donald Trump will host Japan's Shinzo Abe at Mar-a-Lago this week amid growing strain between the two countries over a planned meeting with North Korean dictator Kim Jong Un and a push for new tariffs. More>>

White House adviser apologizes for saying Haley was confused

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President Donald Trump's chief economic adviser says U.N. Ambassador Nikki Haley "got ahead of the curve" when she said new sanctions against Russia were imminent. More>>

Counterfeit cosmetics seized in LA contained lead, feces

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Los Angeles police say $700,000 worth of counterfeit cosmetics seized from vendors in downtown's fashion district have tested positive for bacteria, lead and traces of animal feces. More>>

CSX railroad's first-quarter profit jumps to $695 million

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CSX's first-quarter profit nearly doubled thanks to further cost cuts at the railroad and a restructuring that weighed on its earnings a year ago. More>>

The Latest: White House says NKorea talks at highest level Video included

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President Donald Trump will host Japan's Shinzo Abe at Mar-a-Lago this week amid growing strain between the two countries over a planned meeting with North Korean dictator Kim Jong Un and a push for new tariffs. More>>

Conservative enthusiasm helps 'Roseanne' continue domination

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Research indicates that enthusiasm expressed for the success of the 'Roseanne' reboot has enticed conservatives to check it out. More>>

Microsoft turns to former rival to improve internet security

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Microsoft is turning to a former rival, Linux, to improve the security of computing devices. More>>

US, UK say Russia targets internet hardware for espionage

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US, UK accuse Russia of planting malware on internet equipment for espionage, possible attacks. More>>

The Latest: Police release call from Starbucks employee

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Starbucks will close more than 8,000 US stores on May 29 for racial-bias education for employees. More>>

Trump energy adviser, fossil fuel champion, resigning

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A top White House adviser for energy and environmental policy is resigning. More>>

The Latest: High court hears internet tax collection case

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The Supreme Court is hearing arguments in a case that has to do with businesses' collection of sales tax on online purchases. More>>

Russia blocks some Google, Amazon servers after Telegram ban

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Russia's communications watchdog says it is blocking access to the servers owned tech giants Google and Amazon in order to comply with a court order to block a popular messaging app. More>>

ABC makes unusual decision to release all of Comey talk

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ABC's unusual decision to release full transcript of George Stephanopoulos' interview with former FBI Director James Comey has turned into a hit for network's website. More>>

Hannity shares world view with Trump, and lawyer, too

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Fox News star Sean Hannity is revealed as a client of Trump attorney Michael Cohen in a New York court hearing. More>>