Business News

FILE - In this June 28, 2004, file photo, a customer looks over color chips at a Sherwin-Williams store in Columbus, Ohio. The nation's major suppliers of lead paint have agreed to pay California's largest cities and counties $305 million to settle a nearly two-decade old lawsuit. The settlement announced Wednesday, July 17, 2019, comes after years of legal and legislative battling in California and other states. The settlement is with the Sherwin-Williams Company, ConAgra Grocery Products Company and NL Industries, Inc. (AP Photo/Jay LaPrete, File)
July 17, 2019 - 4:45 pm
SACRAMENTO, Calif. (AP) — The nation's major suppliers of lead paint have agreed to pay California's largest cities and counties $305 million to settle a nearly 20-year-old lawsuit, attorneys said Wednesday. The settlement comes after years of legal and legislative battling in California and other...
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FILE - In this June 28, 2004, file photo, a customer looks over color chips at a Sherwin-Williams store in Columbus, Ohio. The nation's major suppliers of lead paint have agreed to pay California's largest cities and counties $305 million to settle a nearly two-decade old lawsuit. The settlement announced Wednesday, July 17, 2019, comes after years of legal and legislative battling in California and other states. The settlement is with the Sherwin-Williams Company, ConAgra Grocery Products Company and NL Industries, Inc. (AP Photo/Jay LaPrete, File)
July 17, 2019 - 4:45 pm
SACRAMENTO, Calif. (AP) — The nation's major suppliers of lead paint have agreed to pay California's largest cities and counties $305 million to settle a nearly 20-year-old lawsuit, attorneys said Wednesday. The settlement comes after years of legal and legislative battling in California and other...
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FILE - In this Aug. 29, 2018, file photo, oxycodone pills are displayed in New York. Newly released federal data shows how drugmakers and distributors increased shipments of opioid painkillers across the U.S. as the nation’s addiction crisis accelerated from 2006 to 2012. (AP Photo/Mark Lennihan, File)
July 17, 2019 - 2:14 pm
WASHINGTON (AP) — The maker of OxyContin has been cast as the chief villain in the nation's opioid crisis. But newly released government figures suggest Purdue Pharma had plenty of help in flooding the U.S. with billions of pills even as overdose deaths were accelerating. Records kept by the...
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European Commissioner for Competition Margrethe Vestager, center, speaks with European Commissioner for Economic and Financial Affairs Pierre Moscovici, second left, and European Commissioner for Migration and Home Affairs Dimitris Avramopoulos, left, during the weekly college meeting at EU headquarters in Brussels, Wednesday, July 3, 2019. (AP Photo/Virginia Mayo)
July 17, 2019 - 12:19 pm
BRUSSELS (AP) — While the U.S. Congress talks about reining in big tech companies, Europe is taking action. The European Union said Wednesday it is investigating whether Amazon uses data from independent retailers to gain an unfair advantage, a decision that could lead to changes in how the...
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This image provided by Apple shows new emoji's released by Apple. Both Apple and Google are rolling out dozens of new emojis that, as usual, included cute crittters, but also ones that expand the boundaries of inclusion. The announcement coincides with Wednesday, July 17, 2019 World Emoji Day. (Apple via AP)
July 17, 2019 - 11:38 am
Apple and Google are rolling out dozens of new emojis that include cute critters, of course, but also expand the number of images of human diversity. Apple Inc. is releasing new variants of its holding hands emoji that allow people to pick any combination of skin tone and gender, 75 possible...
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Britain's Prime Minister Theresa May speaks at Chatham House in London, Wednesday July 17, 2019. Prime Minister Theresa May says she worries about the increasing "absolutism" of world politics, in a message many will see as aimed at her successor as Britain's leader and President Donald Trump. (Henry Nicholls/Pool via AP)
July 17, 2019 - 10:43 am
LONDON (AP) — Prime Minister Theresa May says she worries about the increasing "absolutism" of world politics, in a message many will see as aimed at her successor as Britain's leader and President Donald Trump. May, who leaves office in a week, criticized the "politics of division" and said "some...
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French Finance Minister Bruno Le Maire, left, welcomes Treasury Secretary Steve Mnuchin at the G-7 Finance Wednesday July 17, 2019 in Chantilly, north of Paris. The Group of Seven rich democracies' top finance officials gathered Wednesday at a chateau near Paris in search of common ground on the threats posed by digital currencies. (AP Photo/Michel Euler)
July 17, 2019 - 10:16 am
CHANTILLY, France (AP) — The Trump administration is objecting to France's plan to tax Facebook, Google and other U.S. tech giants, a rift that's overshadowing talks between seven longtime allies this week on issues ranging from digital currencies to trade. As finance ministers from the Group of...
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In this June 19, 2019, photo Larry McGee balances along a roof edge as he carries roof over ridge vent that he and others will be laying down on a new house in a Brandon, Miss., neighborhood. On Wednesday, July 17, the Commerce Department reports on U.S. home construction in June. (AP Photo/Rogelio V. Solis)
July 17, 2019 - 9:41 am
WASHINGTON (AP) — U.S. home construction slipped last month as an uptick in the building of single-family homes was offset by a big drop in apartment construction. The Commerce Department said Wednesday that construction was started at a seasonally adjusted annual rate of 1.25 million in June, down...
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FILE - In this Tuesday, July 2, 2019 file photo, Bulgarian Prime Minister Boyko Borissov arrives for an EU summit in Brussels. Bulgarian officials say unidentified hackers have stolen the personal details of millions of people from Bulgaria's national revenue agency. Prime Minister Boyko Borissov called an emergency meeting Tuesday, July 16 of all law enforcement services to consider the potential harm to national security. (Geoffroy van der Hasselt, Pool Photo via AP, file)
July 17, 2019 - 7:00 am
SOFIA, Bulgaria (AP) — Bulgarian police have detained a suspect who is allegedly behind the hacking of the national revenue agency, an attack that leaked the personal and financial data of millions of Bulgarians and companies. Police cybersecurity chief Yavor Kolev said Wednesday a 20-year-old...
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In this Monday, July 15, 2019 photo a customer departs a Bank of America ATM, in Norwood, Mass. Bank of America Corp. reports earnings Wednesday, July 17. (AP Photo/Steven Senne)
July 17, 2019 - 6:58 am
NEW YORK (AP) — Bank of America's second-quarter profits rose by 8% from a year earlier, the company said Wednesday, as the consumer banking giant has benefitted greatly from the rise in interest rates as well as consumers and businesses more willing to borrow. The bank earned $7.35 billion, or 74...
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