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Indonesia names former airline boss as bribery suspect

Thu, 19 Jan 2017 06:43:31 -0600

JAKARTA, Indonesia (AP) — Indonesia's anti-graft commission has named a former top executive of national flag carrier Garuda as a suspect in a case involving bribes for the purchase of Rolls Royce aircraft engines.






World stocks slip as investors eye European Central Bank

Thu, 19 Jan 2017 06:34:57 -0600

TOKYO (AP) — World stocks were mostly lower Thursday ahead of comments from the European Central Bank's president and after Federal Reserve chair Janet Yellen signaled more interest rate increases in the months to come.


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S. Koreans' ties with Samsung are lifelong, often conflicted

Thu, 19 Jan 2017 06:25:16 -0600

SEOUL, South Korea (AP) — The family smartphones? An assortment of Samsung Galaxies. The flat-screen TV that illuminates the living room? A Samsung SUHD, with the brand name sparkling on the nameplate. The maker of the digital toilet seat? You…


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German anti-trust case against Audible, Apple dropped

Thu, 19 Jan 2017 06:13:22 -0600

BERLIN (AP) — Germany's anti-trust agency says it's dropping its investigation of Amazon subsidiary Audible and Apple after the two companies agreed to end exclusivity deals for audiobook supply and distribution.






Geisinger Health System to hire more than 150 nurses

Thu, 19 Jan 2017 05:56:19 -0600

WILKES-BARRE, Pa. (AP) — A hospital system that covers much of rural Pennsylvania has announced plans to hire more than 150 nurses.



Amazon opens joins tech companies with Pittsburgh office

Thu, 19 Jan 2017 05:53:50 -0600

PITTSBURGH (AP) — Pittsburgh has welcomed another giant to its burgeoning tech hub.



Theresa May seeks to convince business of a 'global Britain'

Thu, 19 Jan 2017 05:49:07 -0600

DAVOS, Switzerland (AP) — British Prime Minister Theresa May sought to convince business leaders Thursday that the country remains committed to free trade and globalization despite last year's vote to leave the European Union.


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Beijing to spend $2.7 billion on cleaning capital's air

Thu, 19 Jan 2017 05:31:10 -0600

BEIJING (AP) — Beijing will spend $2.7 billion to fight air pollution in the capital this year, state media reported Thursday.


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Spanish tourist towns post 1st snowfalls in decades

Thu, 19 Jan 2017 05:26:53 -0600

MADRID (AP) — Officials have placed more than half of Spain's 50 provinces under alert for heavy snow and sleet storms, with southern tourist towns reporting their first snowfalls in decades.


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Cyprus' largest bank starts trading on London Stock Exchange

Thu, 19 Jan 2017 05:24:43 -0600

NICOSIA, Cyprus (AP) — Cyprus' largest bank says its shares have started trading on the London Stock Exchange.



Aviation deal: Safran to buy Zodiac in $10 billion deal

Thu, 19 Jan 2017 05:22:08 -0600

PARIS (AP) — Aircraft-engine company Safran has agreed to buy seat and cabin manufacturer Zodiac Aerospace in a deal worth 9.7 billion euros ($10.3 billion), including debt.



Ex-VW CEO Winterkorn denies wrongdoing in emissions cheating

Thu, 19 Jan 2017 05:13:30 -0600

BERLIN (AP) — Former Volkswagen CEO Martin Winterkorn denied early knowledge of the company's cheating on diesel emissions as he testified Thursday to a German parliamentary inquiry — his first major public appearance since he resigned in 2015.


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Chase Freedom Unlimited or Capital One Quicksilver Cash Rewards: Which Card's Right for You?

Thu, 19 Jan 2017 05:00:41 -0600

Here's how to choose between two of the best cash back credit cards — Chase Freedom Unlimited and Capital One Quicksilver Cash Rewards.



Facebook to build its 3rd data center outside US in Denmark

Thu, 19 Jan 2017 04:36:53 -0600

COPENHAGEN, Denmark (AP) — Facebook will build a 56,500 square meter (608,161 square foot) data center in central Denmark, its third such center outside the United States.



How Secure Will Cyber Security Be Under Trump?

Thu, 19 Jan 2017 04:00:09 -0600

Here's why we need a CFPB-like organization to protect us from identity theft and maintain our cyber security.



Hawaii bill aims for 100 percent renewable transportation

Thu, 19 Jan 2017 03:34:25 -0600

HONOLULU (AP) — Hawaii has the most aggressive renewable energy targets in the nation, aiming for its utilities to get 100 percent of their electricity from renewable sources by 2045.


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In Texas, Perry was 'all of the above' on energy production

Thu, 19 Jan 2017 03:08:22 -0600

WASHINGTON (AP) — Rick Perry was for "all of the above" on energy production before President Barack Obama embraced the strategy.


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GOP governors who turned down Medicaid money have hands out

Thu, 19 Jan 2017 03:12:05 -0600

DES MOINES, Iowa (AP) — Republican governors who turned down billions in federal dollars from an expansion of Medicaid under President Barack Obama's health care law now have their hands out in hopes the GOP Congress comes up with a…


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Sales up at newly merged supermarket operator Ahold Delhaize

Thu, 19 Jan 2017 03:03:24 -0600

THE HAGUE, Netherlands (AP) — Ahold Delhaize, the recently merged Dutch-Belgian operator of U.S. supermarket chains including Stop & Shop and Giant, says its sales rose sharply to 15.1 billion euros ($16 billion) in the fourth quarter, thanks in part…



Trump's Treasury pick facing criticism over foreclosures

Thu, 19 Jan 2017 02:56:01 -0600

WASHINGTON (AP) — Donald Trump's pick to lead the Treasury Department, Stephen Mnuchin, built his reputation and his fortune as a savvy Wall Street investor. But one of those investments has put him in the crosshairs of Democrats as he…


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AP source: Perdue to be tapped for agriculture secretary

Thu, 19 Jan 2017 02:44:56 -0600

WASHINGTON (AP) — Sonny Perdue, a farmer's son who built businesses in grain trading and trucking before becoming the first Republican governor of Georgia since Reconstruction, is President-elect Donald Trump's choice to lead the Agriculture Department, The Associated Press has…


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Vegemite goes home: Oreo maker sells to Australia's Bega

Thu, 19 Jan 2017 02:00:25 -0600

CANBERRA, Australia (AP) — Vegemite, the salty, brown spread beloved in Australia, is going home, purchased by an Australian dairy company from the maker of Oreos.


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Russian business world hopes for relief from Trump

Thu, 19 Jan 2017 01:38:39 -0600

DAVOS, Switzerland (AP) — Few people are more eager for Donald Trump's arrival in the White House than those who do business in Russia.


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Trump plans for Scottish resort spark new conflicts concern

Wed, 18 Jan 2017 23:18:39 -0600

NEW YORK (AP) — Donald Trump has vowed his company will do "no new foreign deals" while he is president. But he's left "new" and "deals" open to interpretation.


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Already reeling, Mexico fears it has much to lose with Trump

Wed, 18 Jan 2017 23:01:13 -0600

MEXICO CITY (AP) — Donald Trump's assumption of the U.S. presidency couldn't come at a worse time for Mexico.


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Vegemite goes home: Oreo maker sells to Australia's Bega

Wed, 18 Jan 2017 22:41:35 -0600

CANBERRA, Australia (AP) — Vegemite, the salty, brown spread beloved in Australia, is going home, purchased by an Australian dairy company from the maker of Oreos.


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Vegemite goes home: Oreo maker sells to Australia's Bega

Wed, 18 Jan 2017 22:41:35 -0600

CANBERRA, Australia (AP) — Vegemite, the salty, brown spread beloved in Australia, is going home, purchased by an Australian dairy company from the maker of Oreos.


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Canadian Pacific accelerates CEO's retirement

Wed, 18 Jan 2017 21:51:00 -0600

Hunter Harrison will forfeit roughly 118 million Canadian dollars ($88.9 million) in stock options and pension benefits.


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Asian shares mixed, Japan's Nikkei gains on weaker yen

Wed, 18 Jan 2017 21:40:37 -0600

TOKYO (AP) — Shares were meandering in sluggish trading in Asia on Thursday as investors awaited the inauguration of Donald Trump as president. Japan's benchmark rose after the dollar slipped against the yen.


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AP Source: Trump picks former Ga. Gov. Perdue to lead USDA

Wed, 18 Jan 2017 21:14:06 -0600

WASHINGTON (AP) — President-elect Donald Trump intends to nominate former Georgia Gov. Sonny Perdue to serve as agriculture secretary, according to a person familiar with the decision but not authorized to speak publicly before it is announced.


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Court denies a request to arrest Samsung's de facto head

Wed, 18 Jan 2017 21:01:17 -0600

SEOUL, South Korea (AP) — A Seoul court on Thursday denied a request to arrest one of South Korea's most powerful men, the heir to the Samsung Electronics juggernaut, in a setback to prosecutors investigating an influence-peddling scandal that toppled…


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Hawaii bill aims for 100 percent renewable transportation

Wed, 18 Jan 2017 20:33:43 -0600

HONOLULU (AP) — Hawaii has the most aggressive renewable energy targets in the nation, aiming for its utilities to get 100 percent of their electricity from renewable sources by 2045.


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Netflix's shrinking DVD service faces uncertain future

Wed, 18 Jan 2017 18:50:06 -0600

SAN FRANCISCO (AP) — Originally cast in a starring role, Netflix's original DVD-by-mail service has been reduced to a bit player — one that may eventually get killed off as the company focuses on its booming video streaming service.


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Pharmaceutical center in La Crosse announces layoffs

Wed, 18 Jan 2017 18:15:23 -0600

LA CROSSE, Wis. (AP) — McKesson Pharmaceuticals has announced plans for layoffs at its La Crosse distribution center after paying a record $150 million civil penalty for alleged violations of the Controlled Substances Act.



Critical federal approvals for massive Wyoming wind project

Wed, 18 Jan 2017 17:59:21 -0600

CHEYENNE, Wyo. (AP) — The biggest onshore wind development in the works in the U.S. has received two critical federal approvals that could allow the first turbines to go up as soon as next year.



St. Louis soccer stadium funding bill revived, city would pay $60 million

Wed, 18 Jan 2017 18:00:00 -0600

Bill sponsor Alderwoman Christine Ingrassia said she requested the hearing with the caveat that team ownership investors provide certain financial information, and that other elected city officials express their satisfaction with the plan, before the 9 a.m. hearing.


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Turnkey Technologies to add jobs

Wed, 18 Jan 2017 17:44:00 -0600

The IT company is based in Town and Country



The Latest: London mayor wants softer Brexit, market access

Wed, 18 Jan 2017 17:38:05 -0600

DAVOS, Switzerland (AP) — The latest on the World Economic Forum in Davos, Switzerland (all times local):


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In break with Trump, EPA pick says climate change isn't hoax

Wed, 18 Jan 2017 17:38:55 -0600

WASHINGTON (AP) — Donald Trump's choice to head the Environmental Protection Agency said Wednesday that climate change is real, breaking with both the president-elect and his own past statements.


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JPMorgan settles mortgage discrimination lawsuit

Wed, 18 Jan 2017 17:34:43 -0600

NEW YORK (AP) — JPMorgan Chase will pay $55 million to settle federal charges that independent brokers working for the bank discriminated against minorities seeking home mortgages during the housing crisis.


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American Airlines to sell restricted 'basic economy' ticket

Wed, 18 Jan 2017 17:28:07 -0600

DALLAS (AP) — The evolution of a caste system in the economy cabin of jetliners is deepening, with passengers divided and treated differently based on how much they are willing to pay the airline.


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American Airlines to sell restricted 'basic economy' ticket

Wed, 18 Jan 2017 17:28:07 -0600

DALLAS (AP) — The evolution of a caste system in the economy cabin of jetliners is deepening, with passengers divided and treated differently based on how much they are willing to pay the airline.


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How to improve your sex life without breaking the bank

Wed, 18 Jan 2017 17:31:29 -0600

TRENTON, N.J. (AP) — For many older couples, fun in the bedroom requires help from prescription drugs, but prices of popular brand-name sexual dysfunction drugs have tripled since 2010 and insurance coverage is spotty.


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Federal study on Dakota Access pipeline to move forward

Wed, 18 Jan 2017 17:21:16 -0600

BISMARCK, N.D. (AP) — A federal judge said Wednesday he won't keep the U.S. Army Corps of Engineers from launching a full environmental study of the $3.8 billion Dakota Access pipeline's disputed crossing under a Missouri River reservoir in North…


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The Latest: Out-of-state lawyers approved for protest cases

Wed, 18 Jan 2017 17:16:58 -0600

BISMARCK, N.D. (AP) — The Latest on disputes over the construction of the Dakota Access oil pipeline in North Dakota (all times local):


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Jackson looks to grow with new investments

Wed, 18 Jan 2017 16:50:55 -0600

JACKSON, Mich. (AP) — Jackson officials and entrepreneurs hope to spur growth in the area with more investments.



Canadian Pacific accelerates CEO's retirement

Wed, 18 Jan 2017 16:50:05 -0600

OMAHA, Neb. (AP) — Canadian Pacific Railway Ltd. is accelerating the retirement of CEO Hunter Harrison by about six months after he inquired about the possibility of working with other major freight railroads.



Foreclosed mall once valued at $190M is auctioned for $100

Wed, 18 Jan 2017 16:48:43 -0600

TARENTUM, Pa. (AP) — A Pennsylvania mall that was foreclosed on after its owners failed to repay $143 million has been auctioned off for $100.


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US sues Oracle, says it pays white men more than others

Wed, 18 Jan 2017 16:46:46 -0600

NEW YORK (AP) — The U.S. Department of Labor has filed a lawsuit against Oracle, claiming that the technology giant has a "systemic practice" of paying white male workers more than their non-white and female counterparts with the same job…


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Japan retains top spot in terms of US Treasury holdings

Wed, 18 Jan 2017 16:39:37 -0600

WASHINGTON (AP) — Japan has maintained its hold for a second month on the No. 1 spot atop China among foreign owners of U.S. Treasury securities.












Company plans $50M expansion at Fairmont ethanol plant

Wed, 18 Jan 2017 16:24:28 -0600

FAIRMONT, Neb. (AP) — Flint Hills Resources has announced a planned $50 million expansion at its Fairmont ethanol plant.



Business Highlights

Wed, 18 Jan 2017 16:19:52 -0600

___



Yellen: Expect Fed to gradually hike rates over next 3 years

Wed, 18 Jan 2017 16:14:35 -0600

WASHINGTON (AP) — Federal Reserve Chair Janet Yellen says she expects the Fed to raise its benchmark interest rate several times a year through 2019, as it moves closer toward to its economic goals of maximum employment and stable inflation.


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Labor Department sues JPMorgan over sexual discrimination

Wed, 18 Jan 2017 16:17:04 -0600

NEW YORK (AP) — The Department of Labor is suing JPMorgan Chase & Co. for discriminating against female workers.



Canadian Pacific accelerates CEO's retirement

Wed, 18 Jan 2017 16:15:27 -0600

OMAHA, Neb. (AP) — Canadian Pacific railroad is accelerating the retirement of CEO Hunter Harrison by about six months after he inquired about the possibility of working with other major freight railroads.



Price tries to reassure on health care; Dems not buying it

Wed, 18 Jan 2017 16:16:09 -0600

WASHINGTON (AP) — Offering reassurances, President-elect Donald Trump's pick for health secretary said Wednesday the new administration won't "pull the rug out" from those covered by "Obamacare." Democrats were unimpressed, noting a lack of specifics.


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Exiting rail safety chief looks to technology to save lives

Wed, 18 Jan 2017 16:12:38 -0600

PHILADELPHIA (AP) — Sarah Feinberg was on the job as the nation's chief railroad regulator for just three weeks when a packed commuter train slammed into an SUV stopped on tracks north of New York City, killing six people.


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Washington tries to fix paid leave law dormant since 2007

Wed, 18 Jan 2017 16:11:44 -0600

OLYMPIA, Wash. (AP) — A decade ago, Washington state created a paid family leave program that required many employers to offer five weeks of paid time off for new parents. But the law that once offered hope to working parents…


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Netflix posts its biggest-ever quarterly subscriber growth, stock surges 8%

Wed, 18 Jan 2017 15:55:00 -0600

Netflix, Inc. (NFLX) is expected to announce earnings after market close on January 18.






Adobe and CoLucid Pharma edge higher while Target skids

Wed, 18 Jan 2017 15:43:13 -0600

NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday:



How major US stock market indexes fared on Wednesday

Wed, 18 Jan 2017 15:40:57 -0600

The Standard & Poor's 500 remained at a near standstill Wednesday, the ninth day in a row that it has failed to move by even 0.4 percent, up or down. That's its longest streak of listlessness since the summer of…



Nielsen's top programs for Jan. 9-15

Wed, 18 Jan 2017 15:28:54 -0600

NEW YORK (AP) — Prime-time viewership numbers compiled by Nielsen for Jan. 9-15. Listings include the week's ranking and viewership.






Study illustrates Facebook's growth as campaign news source

Wed, 18 Jan 2017 15:24:02 -0600

NEW YORK (AP) — Donald Trump and Hillary Clinton voters had different media diets, but a study finds common ground in Facebook as an important news source — even if their individual feeds bore little resemblance to each other's.


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Netflix tops Street 4Q forecasts

Wed, 18 Jan 2017 15:21:18 -0600

LOS GATOS, Calif. (AP) _ Netflix Inc. (NFLX) on Wednesday reported fourth-quarter profit of $66.7 million.



Mall of America to reopen movie theaters with gourmet food

Wed, 18 Jan 2017 15:12:03 -0600

BLOOMINGTON, Minn. (AP) — The Mall of America plans to continue showing movies, but in a renovated space that offers oversized reclining chairs, gourmet food and wines and cocktails.



Markets Right Now: Stocks end little changed on Wall Street

Wed, 18 Jan 2017 15:10:03 -0600

NEW YORK (AP) — The latest on developments in financial markets (All times local):






Assembly speaker says gas taxes 'probably' not going up

Wed, 18 Jan 2017 14:48:38 -0600

MADISON, Wis. (AP) — Wisconsin Assembly Speaker Robin Vos conceded Wednesday that gas taxes "probably" aren't going to be increased to pay for road improvements, given Gov. Scott Walker's opposition to that approach.



Grain mixed, livestock mostly higher

Wed, 18 Jan 2017 14:41:47 -0600

CHICAGO (AP) — Grain futures were mixed Wednesday on the Chicago Board of Trade.



Credit Suisse to pay $5.3B over mortgage-backed securities

Wed, 18 Jan 2017 14:36:28 -0600

NEW YORK (AP) — Credit Suisse is paying $5.3 billion to settle claims that it misled investors about the quality of mortgage-backed securities that it sold in the lead-up to the 2008 financial crisis.



Budget pick Mulvaney acknowledges payroll tax lapse

Wed, 18 Jan 2017 14:33:40 -0600

WASHINGTON (AP) — Rep. Mick Mulvaney, President-elect Donald Trump's choice to run the White House budget office, failed to pay more than $15,000 in payroll taxes for a household worker more than a decade ago, prompting the Senate's top Democrat…


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BC-Cash Prices, 1st Ld-Writethru,0342

Wed, 18 Jan 2017 14:20:37 -0600

NEW YORK (AP) — Wholesale cash prices Wednesday.



BC-Cash Prices, 1st Ld-Writethru,0342

Wed, 18 Jan 2017 14:20:37 -0600

NEW YORK (AP) — Wholesale cash prices Wednesday.



BC-Cotton Bale

Wed, 18 Jan 2017 14:05:57 -0600

NEW YORK (AP) — Cotton futures No. 2 closed 65 cents a bale lower to 90 cents higher Wednesday.



Strong post-election trading helps TD Ameritrade's 1Q profit

Wed, 18 Jan 2017 14:01:45 -0600

OMAHA, Neb. (AP) — Online brokerage TD Ameritrade's quarterly profit increased 2 percent in the last three months of 2016 when trading spiked after the election and the Federal Reserve raised interest rates.






Correction: Wind Energy story

Wed, 18 Jan 2017 13:56:49 -0600

MINEOLA, N.Y. (AP) — In a story Jan. 17 about a wind energy project, The Associated Press reported erroneously on the Long Island Power Authority's plans. LIPA spokesman Sid Nathan says the utility plans to vote on whether to award…



Michigan jobless rate edges up to 5.0 percent in December

Wed, 18 Jan 2017 13:36:40 -0600

LANSING, Mich. (AP) — Michigan's unemployment rate edged upward to 5.0 percent in December as the number of people entering the job market continued to increase.



Right-to-work law advances in Missouri House

Wed, 18 Jan 2017 13:30:00 -0600

In three hours of debate, supporters said a right-to-work law would create jobs, while opponents said it would hurt workers and lower wages.


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For driverless cars, a moral dilemma: Who lives or dies?

Wed, 18 Jan 2017 13:16:13 -0600

BOSTON (AP) — Imagine you're behind the wheel when your brakes fail. As you speed toward a crowded crosswalk, you're confronted with an impossible choice: veer right and mow down a large group of elderly people or veer left into…


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Federal Reserve sees growth pickup at end of last year

Wed, 18 Jan 2017 13:14:59 -0600

WASHINGTON (AP) — The U.S. economy grew a bit faster at the end of last year, spurred by healthier sales for manufacturers and steady hiring that is slowly pushing up wages.


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CSX railroad expects modest profit growth in 2017

Wed, 18 Jan 2017 13:14:36 -0600

OMAHA, Neb. (AP) — CSX railroad officials expect profits to grow this year as the economy improves modestly, coal demand stabilizes and President-elect Donald Trump pursues reforms.


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USDA announces stricter animal welfare rules for eggs, meat

Wed, 18 Jan 2017 12:59:04 -0600

WASHINGTON (AP) — Organic meat and egg producers will have to abide by stricter animal welfare standards under a new rule announced Wednesday by the Agriculture Department.



New Orleans expanding plans for new airport terminal

Wed, 18 Jan 2017 13:02:43 -0600

NEW ORLEANS (AP) — New Orleans Mayor Mitch Landrieu says the city is expanding plans for a terminal being built to replace the international airport's current one, built in 1959.



Insurance equality? States push for cost-free vasectomies

Wed, 18 Jan 2017 12:51:32 -0600

ALBANY, N.Y. (AP) — Call it contraception equality.



Insurance equality? States push for cost-free vasectomies

Wed, 18 Jan 2017 12:51:32 -0600

ALBANY, N.Y. (AP) — Call it contraception equality.



With job announcements, firms appear to seek Trump approval

Wed, 18 Jan 2017 12:42:58 -0600

WASHINGTON (AP) — From Wal-Mart to General Motors to Amazon, a growing number of the world's largest companies appear to be trying to get in step with President-elect Donald Trump's demand that employers hire and keep jobs at home.


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