Business News

Japan’s Prime Minister Shinzo Abe speaks to reporters at his prime minister's official residence in Tokyo, Feb. 21, 2020. Prime Minister Shinzo Abe should be basking in the limelight this year in the run-up to the 2020 Tokyo Olympics. Instead, the virus outbreak that has spread from China to even remote parts of Japan has Abe and his ruling Liberal Democratic Party playing defense. (Yoshitaka Sugawara/Kyodo News via AP)
February 21, 2020 - 8:54 pm
TOKYO (AP) — Prime Minister Shinzo Abe should be basking in the limelight this year in the run-up to the 2020 Tokyo Olympics. Instead, the virus outbreak that has spread from China to even remote parts of Japan has Abe and his ruling Liberal Democratic Party playing defense. Abe has skated through...
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FILE - In this Jan. 24, 2020 file photo, Cory Doctorow, right, walks in front of other protestors in Los Angeles outside the headquarters of the regulatory body for domain names, the Internet Corporation for Assigned Names and Numbers. A private equity firm announced Friday, Feb. 21, what it calls legally binding commitments designed to ease concerns that its proposed $1.1 billion private takeover of the dot-org domain-setting registry would lead to price gouging and censorship. (AP Photo/Mark J. Terrill)
February 21, 2020 - 7:06 pm
LOS ANGELES (AP) — A private equity firm seeking to buy rights to operate the internet's .org suffix said Friday it will cap price hikes and create an advisory board with veto powers to ease concerns from the nonprofit community. Ethos Capital has offered $1.1 billion to buy the Public Interest...
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WWL AP Feed General
February 21, 2020 - 4:52 pm
WASHINGTON (AP) — President Donald Trump signaled Friday that he’s prepared to tap federal coffers again to help farmers suffering from the tariff fights that he initiated. The Trump administration over the past two years has committed to providing farmers with $27 billion in assistance...
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WWL AP Feed General
February 21, 2020 - 4:49 pm
LOS ANGELES (AP) — WarnerMedia's new streaming service will debut with some extra “Friends.” The company announced Friday that the entire original “Friends” cast will reunite for an unscripted special that will be available on HBO Max when the service debuts in May. A reunion has been long-sought...
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Nicola T. Hanna, U.S. Attorney for the Central District of California, at podium, announces at a news conference in Los Angeles Friday, Feb. 21, 2020, that Wells Fargo has agreed to pay $3 billion to settle criminal and civil investigations into a long-running practice whereby company employees opened millions of unauthorized bank accounts in order to meet unrealistic sales goals. (AP Photo/Stefanie Dazio)
February 21, 2020 - 4:39 pm
LOS ANGELES (AP) — Wells Fargo agreed Friday to pay $3 billion to settle criminal and civil investigations into a long-running practice whereby company employees opened millions of unauthorized bank accounts in order to meet unrealistic sales goals. Since the fake-accounts scandal came to light in...
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WWL AP Feed General
February 21, 2020 - 4:10 pm
SEATTLE (AP) — Greyhound, the nation's largest bus company, said Friday it will stop allowing Border Patrol agents without a warrant to board its buses to conduct routine immigration checks. The company's announcement came one week after The Associated Press reported on a leaked Border Patrol memo...
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WWL AP Feed General
February 21, 2020 - 3:23 pm
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Friday: Deere & Co., up $11.60 to $177.43. The farming machinery maker handily beat Wall Street's fourth-quarter profit and sales forecasts. First Solar Inc., down $8.73 to $50.59. The largest U.S. solar panel maker's fourth-...
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This undated photo provided by Esperion Inc. shows the cholesterol-lowering drug Nexletol made by Esperion Therapeutics Inc. The Food and Drug Administration on Friday, Feb. 21, 2020 approved Esperion Therapeutics Inc.’s Nexletol for people genetically predisposed to have sky-high cholesterol and others who have heart disease and need to further lower their bad cholesterol.(Esperion Inc. via AP)
February 21, 2020 - 3:15 pm
TRENTON, N.J. (AP) — U.S. regulatorson Friday approveda new type of cholesterol-lowering drug aimed at millions of people who can't tolerate — or don't get enough help from — widely used statin pills like Lipitor and Crestor. The Food and Drug Administration approved Esperion Therapeutics Inc.’s...
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FILE - In this Feb. 6, 2020, file photo trader John Doyle works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Feb. 21. (AP Photo/Richard Drew, File)
February 21, 2020 - 2:41 pm
Stocks fell and bond prices rose sharply on Wall Street Friday amid signs that economic fallout from the viral outbreak that originated in China is hurting U.S. companies. The yield on the 30-year Treasury reached a record low as investors sought the safety of U.S. government bonds, driving their...
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File - In this Jan. 13, 2020, file photo, Arizona Republican Gov. Doug Ducey exits the House of Representatives floor after delivering his State of the State address on the opening day of the legislative session at the Capitol in Phoenix. Ducey spent years opposing divisive anti-immigration legislation, then embraced it this year before being forced to backtrack after business groups revolted. The Republican governor and GOP legislative leaders pulled a proposal to put an existing sanctuary city ban in the state constitution late Thursday, Feb. 20. (AP Photo/Ross D. Franklin, File)
February 21, 2020 - 2:30 pm
PHOENIX (AP) — Arizona Gov. Doug Ducey spent much of his first term working to repair the damage to the state's reputation caused by a 2010 tough-on-immigrants law known as SB 1070 that his predecessor signed. That changed this year when the second-term Republican governor promoted a new proposal...
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