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AP Top Business News at 4:19 p.m. EDT

AP Top Business News at 4:19 p.m. EDT


Stars Group doubles down with purchase of Sky Betting


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

After Facebook scrutiny, is Google next?


MENLO PARK, Calif. (AP) -- Facebook has taken the lion's share of scrutiny from Congress and the media about data-handling practices that allow savvy marketers and political agents to target specific audiences, but it's far from alone. YouTube, Google and Twitter also have giant platforms awash in more videos, posts and pages than any set of human eyes could ever check. Their methods of serving ads against this sea of content may come under the microscope next....

Suburban Seattle getting rare, private US airport terminal


EVERETT, Wash. (AP) -- It's not uncommon to see brand new commercial jets flying in and out of Paine Field, just north of Seattle, defying rain and low visibility that define the region. That's because the airport with two runways has for decades served as home to Boeing assembly lines, rolling out models such as the 777 for test flights over the Pacific Ocean....

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


NEW YORK (AP) -- The Justice Department has opened an antitrust investigation into whether AT&T, Verizon and a standards-setting group worked together to stop consumers from easily switching wireless carriers....

FAA orders more engine inspections after Southwest accident


The Federal Aviation Administration on Friday ordered ultrasound inspections of hundreds of jet engines like the one that blew apart at 32,000 feet in a deadly accident aboard a Southwest Airlines plane....

Mnuchin expresses optimism for resolution of trade fights


WASHINGTON (AP) -- Treasury Secretary Steven Mnuchin expressed cautious optimism Saturday over efforts to resolve trade tensions that have rattled financial markets and clouded the global economic outlook....

The Latest: IMF says trade tensions, debt threaten economy


WASHINGTON (AP) -- The Latest on the global finance meetings in Washington (all times local):...

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


NEW YORK (AP) -- Wells Fargo will pay $1 billion to federal regulators to settle charges tied to misconduct at its mortgage and auto lending business, the latest punishment levied against the banking giant for widespread customer abuses....

AP FACT CHECK: Trump's shifting rationale for firing Comey


WASHINGTON (AP) -- President Donald Trump offered a shifting rationale this past week for his firing of FBI Director James Comey and joined other Republicans in exaggerating how much simpler it will become for Americans to file their taxes next time. He also erred, though by just a hair, in claiming a historic achievement in black and Hispanic joblessness....

Smyths Toys to take over Toys R Us stores in Germany


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