Business

Trump announces plans for Pentagon to create 'Space Force'

Trump

President Donald Trump announced Monday he is directing the Pentagon to create a new “Space...

Business

The Latest: German business warns UK risks disorderly Brexit

LONDON (AP) — The Latest on businesses warning about Brexit’s fallout (all times local): 10:00 a.m. Germany’s main business lobby group is warning that Britain is on course for a “disorderly Brexit” and urging its government to stop playing for time. Joachim Lang, the director general of the...


Business

AP Top Business News at 4:58 a.m. EDT

Trump jabbed first, and now world hits back in trade fight Asian stocks mixed as trade disputes worry investors High Court: Online shoppers can be forced to pay sales tax What’s that extra in my online cart? Soon, maybe a sales tax Malaysia names new central bank governor Greek financial markets...


Business

Malaysia names new central bank governor

KUALA LUMPUR, Malaysia (AP) — Malaysia has named Nor Shamsiah Mohamad Yunus, an experienced former central bank official, as the new central bank governor. Finance Minister Lim Guan Eng said Friday that the king has consented to Nor Shamsiah’s appointment to head Bank Negara Malaysia from July 1...


Business

Greek financial markets rally on debt relief deal

ATHENS, Greece (AP) — Greece’s government borrowing costs have dropped and the stock market is rallying on news that the country’s creditors have agreed to debt relief measures that pave the way for an end to the nation’s eight-year bailout program in two months. The yield on Greece’s benchmark 10-...


Business

Airbus threatens to leave Britain in case of no-deal Brexit

LONDON (AP) — Aviation giant Airbus has threatened to leave Britain if the country leaves the European Union without an agreement on future trading relations. The company, which employs about 14,000 people at 25 sites in the U.K., says it will “reconsider its long-term footprint in the country” if...


Business

Asian stocks mixed as trade disputes worry investors

China Financial Markets

SEOUL, South Korea (AP) — Asian stocks were mixed Friday as investors were still wary over trade disputes between China and the U.S. as well as between the U.S. and Europe that could hurt corporate profit and jobs. Some markets were making slight rebounds but unable to make up their heavy losses...


Business

APNewsBreak: Meadowlands plans sports betting near NYC

Sports Betting

ATLANTIC CITY, N.J. (AP) — The Meadowlands Racetrack plans to bring legal sports betting to New York City’s doorstep next month. Jeff Gural, who manages the northern New Jersey track, tells The Associated Press that he plans to begin offering sports betting on July 15. That’s significantly earlier...


Business

What's that extra in my online cart? Soon, maybe a sales tax

Supreme Court Sales Tax

NEW YORK (AP) — Attention shoppers: You may soon be paying more taxes on what you put in your online cart. The Supreme Court ruled Thursday that states can require online retailers to collect sales tax on purchases that come from states where they don’t have any shops, offices or warehouses. Before...


Business

Vietnam arrests 4 more oil execs in corruption crackdown

HANOI, Vietnam (AP) — Vietnamese police have arrested four more former senior oil executives for allegedly abusing their power to appropriate property as the communist authorities step up their toughest crackdown on corruption in years. The four arrested Thursday were former general directors or...


Business

Federal study: Chemicals toxic below recommended EPA levels

PARKERSBURG, W.Va. (AP) — A federal study says the chemicals a West Virginia factory used to make non-stick products are dangerous at levels well below those recommended by the U.S. Environmental Protection Agency. News outlets report the federal Agency for Toxic Substances and Disease Registry...


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