Business News

October 19, 2018 - 5:47 pm
WASHINGTON (AP) — A government computer system that interacts with was hacked earlier this month, compromising the sensitive personal data of some 75,000 people, officials said Friday. The Centers for Medicare and Medicaid Services made the announcement late in the afternoon ahead of...
Read More
October 19, 2018 - 5:34 pm
WASHINGTON (AP) — Outdoor clothing giant Patagonia has jumped into two competitive Senate races, endorsing Democrats Jon Tester of Montana and Jacky Rosen of Nevada in what the company calls its first foray into elective politics. The company describes Tester and Rosen as champions of public lands...
Read More
October 19, 2018 - 4:58 pm
Jim Chesko reporting It was a mixed day for Wall Street: The Dow Jones Industrials rose 64 points, but the S&P 500 slipped 1 point, and the Nasdaq composite fell 36. The tech-heavy Nasdaq has lost ground 3 straight weeks. Oil futures rebounded slightly, gaining 47 cents to $69.12 a barrel. But...
Read More
FILE - This March 31, 2018 photo shows a booth advertising a delivery service for cannabis at the Four Twenty Games in Santa Monica, Calif. California is moving a step closer to allowing marijuana deliveries in communities that have banned retail sales. Regulators on Friday, Oct. 19, 2018, announced preliminary approval of the proposed rule over objections from cities and police chiefs who say the policy will lead to crime. (AP Photo/Richard Vogel, File)
October 19, 2018 - 4:17 pm
LOS ANGELES (AP) — California moved a step closer Friday to allowing marijuana deliveries in communities that have banned retail sales of the drug as regulators rebuffed cities and police chiefs opposed the rule. The proposal is a major issue that could ultimately end up in court as the state...
Read More
October 19, 2018 - 4:08 pm
The CEO of a mining company exploded at Wall Street analysts on Friday, saying they don't know how to read financial reports and should quit their jobs. "You guys should resign for your lack of knowledge of things," said Lourenco Goncalves, the CEO of Cleveland-Cliffs Inc. "You are a disaster. You...
Read More
The handheld device of trader Robert Oswald is reflected in his glasses as he works on the floor of the New York Stock Exchange, Friday, Oct. 19, 2018. Strong earnings are sending U.S. stocks higher Friday at the end of a choppy week of trading. (AP Photo/Richard Drew)
October 19, 2018 - 4:03 pm
NEW YORK (AP) — U.S. stocks gave up an early rally Friday and struggled to another mixed finish as investors continued sell former favorites like retailers. Household goods makers rose again as a week of choppy trading concluded. Stocks surged in early trading after better-than-expected reports...
Read More
October 19, 2018 - 12:21 pm
WASHINGTON (AP) — The Trump administration is proposing rules for investors in a new program that it says could have a big impact on economically depressed areas around the country. About 8,700 so-called "opportunity zones" have been set up in all 50 states to lure investors and developers with tax...
Read More
October 19, 2018 - 12:18 pm
GENEVA (AP) — No international letters, no international packages: A top official with a 192-country postal union says that's what Americans can expect if the Trump administration goes through with plans to pull out of an international postal treaty over concerns about China. Pascal Clivaz, deputy...
Read More
British Prime Minister Theresa May, right, greets President of the Republic of Korea Moon Jea-in during a meeting on the sidelines of an EU-ASEM summit in Brussels, Friday, Oct. 19, 2018. EU leaders meet with their Asian counterparts Friday to discuss trade, among other issues. (Piroschka van de Wouw, Pool Photo via AP)
October 19, 2018 - 9:47 am
BRUSSELS (AP) — South Korea's foreign minister says Seoul has begun "contingency planning" to ensure that her country and Britain maintain close trade relations after Britain leaves the European Union. Foreign Minister Kang Kyung-wha said Friday that "we are already having serious discussions about...
Read More
October 19, 2018 - 8:40 am
PARIS (AP) — A global financial body says governments worldwide must establish rules for virtual currencies like bitcoin to stop criminals from using them to launder money or finance terrorism. The Financial Action Task Force said Friday that from next year it will start assessing whether countries...
Read More