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May 28, 2017

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Business

  • British Airways cancels flights amid global computer outage

    23 hours, 36 minutes ago

    (AP) LONDON — British Airways canceled all flights from London's Heathrow and Gatwick airports Saturday as a global IT failure causes severe disruption for travelers. The airline said it was suffering a "major IT systems failure" around the world. It didn't ...

  • Interactive experiences a big part of New Jersey casinos' futures

    1 day, 3 hours ago

    (AP) ATLANTIC CITY, N.J. — Getting new customers involved in more interactive experiences is going to be a big part of the future for casinos in the United States and around the world, participants in a major gambling conference predicted Wednesday. ...

  • 9 years after recession began, some states still unrecovered

    9 days, 3 hours ago

    (AP) MERIDIAN, Miss. — Call them the unrecovered — a handful of states where job markets, nine years later, are still struggling back to where they were before the recession. That's true in Mississippi, where job numbers and the overall size ...

  • Abercrombie & Fitch says it's in deal talks

    17 days, 13 hours ago

    (AP) NEW YORK — Teen clothing chain Abercrombie & Fitch Co., responding to reports that it was in talks with interested buyers, says it's in preliminary discussions with several parties about a "potential transaction." The company's statement Wednesday that it had ...

  • US stocks mixed on weak earnings and higher oil prices

    17 days, 21 hours ago

    (AP) NEW YORK — U.S. stock indexes are mixed Wednesday following weak first-quarter reports from consumer-focused companies including Priceline and Disney. Drugmakers and other health care companies are also down. However energy companies are rallying with the price of oil. KEEPING ...

  • Stocks drift around record highs in another listless day

    18 days, 17 hours ago

    (AP) NEW YORK — U.S. stock indexes drifted around their record highs Tuesday as markets lazed through yet another day of listless trading. Treasury yields ticked higher, adding to gains made in recent weeks. KEEPING SCORE: The Standard & Poor's 500 ...

  • Credit Suisse gets $40m in tax breaks, adds 1,200 jobs in NC

    18 days, 20 hours ago

    (AP) RALEIGH, N.C. — Swiss bank Credit Suisse is adding 1,200 jobs at its North Carolina technology hub as it reorganizes operations and cuts jobs elsewhere. A North Carolina state panel has approved up to $40 million in tax breaks to ...

  • US stock indexes inch back from record highs

    19 days, 21 hours ago

    (AP) NEW YORK —U.S. stock indexes inched back from their record highs Monday, while the dollar ticked higher against other currencies. Trading was calm following the weekend's presidential election in France, which had the potential to upset global markets. The candidate ...

  • With Macron win confirmed, European market rally hits pause

    19 days, 22 hours ago

    (AP) LONDON — When Emmanuel Macron topped the first round of voting in the French presidential election two weeks ago, French stocks soared to near-decade highs. On Monday, the reaction to his victory in the runoff was decidedly subdued: investors had ...

  • How major US stock market indexes fared on Friday

    22 days, 15 hours ago

    (AP) A solid pickup in hiring last month helped push the stock market to record highs Friday. The gains were driven by energy, technology and industrial companies. On Friday: The Standard & Poor's 500 index advanced 9.77 points, or 0.4 percent, ...

  • Federal tax bills: Where does your state rank?

    1 month, 11 days ago

    (AP) U.S. residents paid Uncle Sam an average of $8,943 per person in federal income, payroll and estate taxes in 2016. A look at how the District of Columbia and the states rank in per capita federal taxes: 1. District of ...

  • Rates rise at weekly US Treasury bill auction

    2 months, 1 day ago

    (AP) WASHINGTON — Interest rates on short-term Treasury bills rose in Monday's auction with rates on three-month bills climbing to the highest level in more than eight years. The Treasury Department auctioned $39 billion in three-month bills at a discount rate ...

  • US gas prices rise 2 cents over 2 weeks, to $2.35 a gallon

    2 months, 16 days ago

    (AP) CAMARILLO, Calif. — The average price of a gallon of regular-grade gasoline rose 2 cents nationally during the past two weeks, to $2.35. Industry analyst Trilby Lundberg said Sunday that despite the rise, gas prices are poised to dip slightly ...

  • Decision time in Florida: Sun, fun and ... nonstop gambling?

    2 months, 23 days ago

    (AP) For years, politicians in the Sunshine State have struggled over whether they want to let glitzy Las-Vegas style casinos sprout beside Florida's sugar-white beaches. The Republican-controlled Legislature, split among factions including those worried that more gambling would harm Florida's "family-friendly" ...

  • How major US stock market indexes fared on Wednesday

    3 months, 4 days ago

    (AP) US stocks ended mostly lower Wednesday, but the Dow notched its 9th straight gain. Energy companies stumbled, but basic materials makers rose as investors hoped two large deals will win approval from regulators. On Wednesday: The Dow Jones industrial average ...

  • Americans buy existing homes at fastest pace in a decade

    3 months, 4 days ago

    (AP) WASHINGTON (AP) — Americans shrugged off rising mortgage rates and bought existing homes in January at the fastest pace since 2007. Home sales rose 3.3 percent in January from December to a seasonally adjusted annual rate of 5.69 million, the ...

  • Asian stocks drift higher as investors await Fed minutes

    3 months, 5 days ago

    (AP) SEOUL, South Korea — Asian stock markets were mixed with subdued movements on Wednesday, getting little push from Wall Street's record high overnight, as investors awaited the Fed's latest meeting minutes due later in the day for clues about the ...

  • Faraday Future says plan is to resume work on Nevada plant

    3 months, 5 days ago

    (AP) Upstart electric vehicle company Faraday Future says it plans to resume construction soon on a $1 billion southern Nevada manufacturing plant where it says it'll begin producing cars in 2018. A company spokeswoman pointed Tuesday to a statement saying that ...

  • What changing the fiduciary rule could mean for you

    3 months, 7 days ago

    (AP) President Donald Trump's administration is working to dismantle a complex set of financial rules including the "fiduciary rule," which requires certain financial professionals to act in their clients' best interests when providing retirement advice. The rule's future is unclear, but ...

  • Kraft Heinz withdraws $143B bid to buy Unilever

    3 months, 7 days ago

    (AP) Kraft Heinz has withdrawn its $143 billion offer to buy Unilever, backing away after the mayonnaise, tea and seasonings maker rejected the bid as too low. The companies announced the decision Sunday in a joint press release, saying that Kraft ...

  • Delta will bring back free meals on some long US flights

    3 months, 10 days ago

    (AP) Food could be making a comeback in U.S. economy class, where passengers must either schlep their own meals, pay for one on board or make do with pretzels and peanuts. Delta says it will start serving meals to all passengers ...

  • Trump, Trudeau to discuss women in workforce

    3 months, 14 days ago

    (AP) President Donald Trump and Canadian Prime Minister Justin Trudeau will participate in a roundtable discussion about women in the workforce Monday, showing the rising policy influence of the first daughter who has stressed her commitment to issues like child care. ...

  • Shoppers weigh boycott calls as buying gets more political

    3 months, 14 days ago

    (AP) ALLENTOWN, Pa. — Stormy Patterson makes a distinction between opinion and action as she surveys each new call to boycott Company A or support Brand B. It's "silly" to penalize Under Armour over its CEO's praise of President Donald Trump, ...

  • How major US stock market indexes fared on Tuesday

    3 months, 19 days ago

    (AP) The major U.S. stock indexes eked out small gains Tuesday, pushing the Nasdaq composite index to another record-high close. Investors were focused on the latest company earnings. Consumer goods makers and technology companies rose, while energy companies fell along with ...

  • Michigan leads effort to shift workers away from pensions

    3 months, 21 days ago

    (AP) LANSING, Mich. — Struggling under the weight of pension and health care obligations, Michigan lawmakers appear ready to take another whack at public employee benefits — a move that reflects renewed determination to shift workers to 401(k)-style retirement systems, even ...

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