Business. Page 7

Trump budget to face skepticism, overwhelming politics

WASHINGTON — Confronted with the threat of trillion-dollar-plus deficits for as far as the eye can see, President Donald Trump is offering a $4.8 tril...
3:27 10 February 2022

Unique Illinois privacy law leads to $550M Facebook deal

CHICAGO — Adam Pezen, Carlo Licata and Nimesh Patel are among millions of people who have been tagged in Facebook photos at some point in the past dec...
15:54 9 February 2022

Pompeo warns nation’s governors to be wary of China

WASHINGTON — Secretary of State Mike Pompeo warned America’s governors on Saturday to be wary of China, which he said was targeting individual U.S. st...
21:51 8 February 2022

Focus turns to Latino authors amid ‘American Dirt’ debate

ALBUQUERQUE, N.M. — When Oprah Winfrey endorsed the novel “American Dirt” for her book club last month, many Latinos took to social media to decry the...
15:51 8 February 2022

China scrambles to keep cities in virus lockdown fed

BEIJING — The manager of the Wushang Mart in Wuhan, the locked-down city at the heart of China’s virus outbreak, says its shelves are loaded with 50% ...
4:54 8 February 2022

AP FACT CHECK: Dems skew health care, Iraq facts in debate

WASHINGTON — Democratic presidential contenders stretched beyond the facts on policy and sometimes on their own records Friday in their New Hampshire ...
3:54 8 February 2022

The Latest: Bloomberg isn’t at debate, but he’s name-dropped

MANCHESTER, N.H. — The Latest on the 2020 Democratic presidential debate and the upcoming primary in New Hampshire (all times local):
3:18 8 February 2022

Healthy US job market: How big a political edge for Trump?

WASHINGTON — U.S. hiring jumped last month, and many more people were encouraged to look for work, showing that the economy remains robust despite thr...
21:59 7 February 2022

Putin hosts Belarus leader for talks amid economic pressure

MOSCOW — Russian President Vladimir Putin hosted the leader of Belarus on Friday for another round of difficult talks on closer integration amid Mosco...
19:28 7 February 2022

World stock markets retreat ahead of US jobs report

Global stock markets retreated Friday ahead of the monthly U.S. jobs report and after France and Germany reported weak factory data.
12:54 7 February 2022

Its Wuhan plants shut, Honda reports quarterly profit drop

TOKYO — Japanese automaker Honda reported Friday a nearly 31% dive in its October-December profit as strong demand for its motorcycles failed to make ...
7:39 7 February 2022

January US jobs report may provide clarity amid disruptions

WASHINGTON — With China's viral outbreak disrupting trade and Boeing's troubles weighing on American factories, the January U.S. jobs report on Friday...
5:01 7 February 2022

Asian stock markets retreat after surge on China tariff cut

Asian stock markets retreated Friday following a surge after China announced a tariff cut on U.S. imports.
4:38 7 February 2022

Global tourism takes major hit as virus halts Chinese travel

This should have been a good year for global tourism, with trade tensions gradually easing, certain economies growing and banner events like the Summe...
2:36 7 February 2022

Messy Iowa caucuses leave cash-poor candidates scrambling

MANCHESTER, N.H. — The Iowa caucuses weren't just a colossal political mess. They were a massive money drain for Democratic presidential contenders wh...
0:02 7 February 2022

Uber loses $1.1B investing in food delivery, driverless cars

NEW YORK — Uber continued to lose money as it builds up its food delivery business and develops technology for driverless cars, but revenue for its ri...
21:07 6 February 2022

A rapid descent leads to screams on severed Turkish plane

ISTANBUL — As their flight abruptly descended into Istanbul and hit the ground with a rumble, a Turkish couple tensed up. They soon relaxed when they ...
20:41 6 February 2022

Corporate America has a 1%, too, more influential than ever

NEW YORK — Now that they've already taken over our lives, big tech companies are taking over the stock market.
18:51 6 February 2022

Experts ponder human error in Italian high-speed train crash

OSPEDALETTO LODIGIANO, Italy — A high-speed passenger train derailed in northern Italy before dawn Thursday, killing two railway workers and injuring ...
17:04 6 February 2022

Online mattress pioneer Casper soars in debut trading

NEW YORK — Shares of online mattress pioneer Casper Sleep Inc. popped in their debut trading on the New York Stock Exchange Thursday.
17:02 6 February 2022

Strong 2Q for Tapestry, though China outbreak takes its toll

The luxury brand Tapestry handily beat quarterly profit expectations but warned that the virus outbreak in China is “significantly impacting” its busi...
16:53 6 February 2022

Victims: PG&E still has rickety power line near Paradise

SAN FRANCISCO — Pacific Gas & Electric is still operating a rickety power line near the one that ignited a 2018 wildfire that wiped out the Northe...
16:18 6 February 2022

US mortgage rates decline; 30-year loan lowest in 3 years

WASHINGTON — U.S. long-term mortgage rates fell this week for the third straight week, as the benchmark 30-year loan marked its lowest point in three ...
16:11 6 February 2022

Twitter shares jump on rise in user numbers, revenue

Shares in Twitter jumped Thursday after the social media company said its revenue growth and user numbers exceeded forecasts in the latest quarter, th...
15:13 6 February 2022

Virus impact: Airlines extend flights suspensions

BEIJING — Airlines are extending their suspension of flights to mainland China, while more retailers are putting an estimate on the economic damage th...
14:22 6 February 2022

Lagarde: Central banks have less room to combat a downturn

FRANKFURT, Germany — European Central Bank head Christine Lagarde has warned that the world's central banks have less room to stimulate the economy in...
13:02 6 February 2022

Governors warn Trump rule could lead to big Medicaid cuts

WASHINGTON — Governors of both major political parties are warning that a little-noticed regulation proposed by President Donald Trump's administratio...
11:53 6 February 2022

Scotland’s finance chief quits over messages to teenager

LONDON — Scotland’s finance minister has resigned, hours before he was due to deliver his annual budget, after he reportedly sent hundreds of messages...
10:08 6 February 2022

Toyota raises annual forecast on cost cuts, healthy sales

TOKYO — Japan's top automaker Toyota raised its annual forecast Thursday after cost cuts and healthy sales quadrupled quarterly profits from the previ...
6:17 6 February 2022

Facebook, YouTube: Firm must stop scraping faces from sites

Facebook joined YouTube, Twitter and payment service Venmo on Wednesday in demanding that a facial recognition company stop harvesting user images to ...
1:55 6 February 2022