Business

April 24, 2018 - 12:39 pm
WASHINGTON (AP) — Democratic Sen. Mark Warner of Virginia is warning bankers that legislation rolling back financial rules put in place after the 2008 economic crisis could stall. Warner says legislation revamping the law known as Dodd-Frank "will not pass if it comes back to the Senate" for...
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April 24, 2018 - 11:39 am
LONDON (AP) — Ireland says it will begin collecting more than 13 billion euros ($15.9 billion) of back taxes from Apple, 19 months after the European Commission ruled that a tax deal with the tech giant amounted to illegal state aid. The Commission ordered Ireland to collect back taxes for the...
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A glossy magazine about Saudi Arabia is photographed in Washington, Monday April 23, 2018. The mystery behind the origins of a the pro-Saudi magazine that showed up on U.S. newsstands is growing amid revelations that the Saudi Embassy in Washington got a sneak peek. The Associated Press has obtained files showing that a digital copy was quietly shared with Saudi officials by American Media Inc. almost three weeks before it was published, despite both parties’ insistence that they didn’t coordinate on the magazine. (AP Photo/J. David Ake)
April 24, 2018 - 11:38 am
WASHINGTON (AP) — It landed with a thud on newsstands at Walmart and rural supermarkets last month: Ninety-seven fawning pages saluting Saudi Arabia, whose ambitious crown prince was soon to arrive in the U.S. on a PR blitz to transform his country's image. As questions swirled about the glossy...
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FILE- This Feb. 23, 2017, file photo shows a delivery van is painted with artwork for Classic Coca-Cola in downtown Pittsburgh. Coca-Cola Co. reports earnings Tuesday, April 24, 2018. (AP Photo/Keith Srakocic, File)
April 24, 2018 - 11:16 am
NEW YORK (AP) — Diet Coke's makeover, which put the sugar-free drink in skinny colorful cans, helped the low-calorie brand sell more soda in North America for the first time in nearly eight years. Coca-Cola Co. introduced four new flavors of Diet Coke in February, including mango and ginger lime,...
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FILE- In this April 9, 2018, file photo shoppers walk in a mall in Salem, N.H. On Tuesday, April 25, the Conference Board releases its April index on U.S. consumer confidence. (AP Photo/Elise Amendola, File)
April 24, 2018 - 11:02 am
WASHINGTON (AP) — American consumers were feeling more confident in April, rebounding to a level close to the 18-year high it had reached two months ago. The Conference Board said Tuesday that its confidence index rose to 128.7 in April, up from a March level of 127.0. The March level was just...
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This image made from a video provided by CBS News/60 Minutes shows Cambridge University researcher Aleksandr Kogan during an interview with CBS's "60 Minutes." Kogan, the academic at the center of the Facebook data-misuse scandal, apologized during the interview which aired on Sunday, April 22, 2018. (CBS News/60 Minutes via AP)
April 24, 2018 - 10:50 am
LONDON (AP) — A Cambridge University academic says the suspended CEO of Cambridge Analytica, the election consultancy at the heart of the Facebook privacy scandal, lied to British lawmakers investigating fake news. Academic Aleksandr Kogan's company, Global Science Research, developed a Facebook...
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April 24, 2018 - 10:48 am
MADRID (AP) — Palma on the island of Mallorca plans to become the first Spanish city to prohibit the rental of apartments to tourists. Palma mayor Antoni Noguera says Tuesday that his government will vote for the ban in a city council because "there is nothing worse than having residents who can't...
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FILE- This July 24, 2017, file photo shows the Caterpillar logo on the front grille of a Caterpillar 725C End Dump truck at a dealer in Miami. Caterpillar Inc. reports earnings Tuesday, April 24, 2018. (AP Photo/Alan Diaz, File)
April 24, 2018 - 10:37 am
A boost in equipment sales propelled Caterpillar's first-quarter profit, as a strong global economy helped support construction and energy industry projects. The maker of heavy equipment and machinery also greatly increased its outlook for the year, citing an upbeat global markets, better pricing...
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April 24, 2018 - 10:22 am
WASHINGTON (AP) — Sales of new U.S. homes jumped 4 percent in March, propelled by a surge of buying in the West. The Commerce Department said Tuesday that sales last month were at a seasonally adjusted annual rate of 694,000. The two prior months had their sales revised upward with the annual rate...
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April 24, 2018 - 10:12 am
WASHINGTON (AP) — The Supreme Court has upheld a challenged practice that is used to invalidate patents without the involvement of federal courts. The justices on Tuesday rejected a bid to strike down a process established by Congress in 2011 to speed up patent reviews. The justices voted 7-2 in...
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