Business News

FILE- In this June 14, 2018, file photo Tesla CEO and founder of the Boring Company Elon Musk speaks at a news conference in Chicago. Musk says he's in talks with the Saudi Arabian sovereign wealth fund about taking the electric car and solar panel maker private, but no deal has been finalized. Musk says in a blog posted Monday, Aug. 13, that most of the funding would be in stock rather than debt. (AP Photo/Kiichiro Sato, File)
August 13, 2018 - 12:45 pm
DETROIT (AP) — Saudi Arabia's sovereign wealth fund would be the main source of money for Tesla CEO Elon Musk's grand plan to take the company private, but the deal isn't done yet, Musk disclosed in a blog on Monday. The fund approached Musk about going private multiple times during the past two...
Read More
In this Aug. 1, 2018 photo, Lauren Woehr hands her 16-month-old daughter Caroline, held by her husband Dan McDowell, a cup filled with bottled water at their home in Horsham, Pa. In Horsham and surrounding towns in eastern Pennsylvania, and at other sites around the United States, the foams once used routinely in firefighting training at military bases contained per-and polyfluoroalkyl substances, or PFAS. EPA testing between 2013 and 2015 found significant amounts of PFAS in public water supplies in 33 U.S. states. (AP Photo/Matt Rourke)
August 13, 2018 - 9:49 am
HORSHAM, Pa. (AP) — Lauren Woeher wonders if her 16-month-old daughter has been harmed by tap water contaminated with toxic industrial compounds used in products like nonstick cookware, carpets, firefighting foam and fast-food wrappers. Henry Betz, at 76, rattles around his house alone at night,...
Read More
A Turkish waits to change his US dollars with Turkish liras inside a currency exchange shop in Ankara, Turkey, Friday, Aug. 10, 2018. A financial shockwave ripped through Turkey on Friday as its currency nosedived on concerns about its economic policies and a dispute with the U.S., which President Donald Trump stoked further with a promise to double tariffs on the NATO ally. (AP Photo/Burhan Ozbilici)
August 13, 2018 - 8:55 am
ANKARA, Turkey (AP) — The Latest on Turkey's currency crisis (all times local): 4:55 p.m. Germany's foreign minister says it would be in Turkey's own interest to come to an agreement with the United States and others on the release of foreign prisoners. Angered by the continued detention of an...
Read More
FILE - This Aug. 11, 2010, file photo, shows shoes at the research and development room of Timberland Company in Stratham, N.H. VF Corp. says it plans to split into two publicly traded companies, with one focusing on clothing and footwear and the other concentrating on jeans and its outlet businesses. VF Corp., which is honing in on activity-based outdoor, active and work lifestyles, previously sold the Nautica brand and purchased the Altra, Icebreaker and Williamson-Dickie brands. Some of its other brands include The North Face, Timberland and Wrangler. (AP Photo/Jim Cole, File)
August 13, 2018 - 7:29 am
GREENSBORO, N.C. (AP) — The clothing company that makes Wrangler and Lee jeans is breaking off its denim division, which could generate as much as $2.5 billion in revenue each year. VF Corp. said Monday that it wants to focus on its money-making active and outwear business. It owns The North Face...
Read More
A woman walks past a bank electronic board showing the Hong Kong share index outside a Hong Kong local bank Monday, Aug. 13, 2018. Asian stock prices sank Monday as Turkey’s financial turmoil fueled fears contagion might spread to other emerging markets. (AP Photo/Vincent Yu)
August 13, 2018 - 6:47 am
BEIJING (AP) — Global stock prices sank Monday as Turkey's financial turmoil fueled fears of contagion in other emerging markets. KEEPING SCORE: Germany's DAX declined 0.6 percent to 12,346 and London's FTSE 100 retreated 0.5 percent to 7,625. France's CAC 40 lost 0.2 percent to 5,401. On Wall...
Read More
Malaysia's Prime Minister Mahathir Mohamad listens during an interview with The Associated Press in Putrajaya, Malaysia, Monday, Aug. 13, 2018. Mahathir said he will seek to cancel multibillion-dollar Chinese-backed infrastructure projects that were signed by his predecessor as his government works to dig itself out of debt, and he blasted Myanmar’s treatment of its Rohingya minority as "grossly unjust." (AP Photo/Yam G-Jun)
August 13, 2018 - 6:02 am
PUTRAJAYA, Malaysia (AP) — Malaysia is looking to cancel multibillion-dollar Chinese-backed infrastructure projects signed by the previous scandal-tainted government as it digs itself out of debt, Malaysia's prime minister said Monday during an extensive interview in which he also blasted Myanmar's...
Read More
A Turkish man leaves a currency exchange shop in Ankara, Turkey, Friday, Aug. 10, 2018. A financial shockwave ripped through Turkey on Friday as its currency nosedived on concerns about its economic policies and a dispute with the U.S., which President Donald Trump stoked further with a promise to double tariffs on the NATO ally. (AP Photo/Burhan Ozbilici)
August 13, 2018 - 3:34 am
ANKARA, Turkey (AP) — Turkey's central bank announced a series of measures on Monday to free up cash for banks as the country grapples with a currency crisis sparked by concerns over President Recep Tayyip Erdogan's economic policies and a trade and diplomatic dispute with the United States. The...
Read More
Indonesian men carry the body of a victim of last week's earthquake past a damaged building during a funeral in Gangga, Lombok Island, Indonesia, Sunday, Aug. 12, 2018. Hundreds of people were killed while nearly 400,000 people are left homeless or displaced after the powerful earthquake rocked the popular tourist island on Aug. 5. (AP Photo/Fauzy Chaniago)
August 13, 2018 - 2:06 am
JAKARTA, Indonesia (AP) — The death toll from the earthquake that rocked the Indonesian island of Lombok a week ago has passed 430 and the government is estimating economic losses will exceed several hundred million dollars. The national disaster agency said Monday the Aug. 5 quake killed 436...
Read More
FILE - In this April 20, 2013 file photo, male greater sage grouse perform mating rituals for a female grouse, not pictured, on a lake outside Walden, Colo. Some Western governors say a new Trump administration directive threatens to undermine a hard-won compromise aimed at saving a beleaguered bird scattered across their region. The directive, issued in late July 2018, severely limits a type of land swap involving federal property. Critics say that eliminates an important tool for saving habitat for the shrinking population of greater sage grouse. (AP Photo/David Zalubowski, File)
August 13, 2018 - 12:16 am
DENVER (AP) — Some governors in the U.S. West say a new Trump administration directive threatens to undermine a hard-won compromise aimed at saving a beleaguered bird scattered across their region. The directive, issued in late July, severely limits a type of land swap involving federal property...
Read More
FILE - In this April 24, 2017, file photo, then-Fox News co-president Bill Shine, leaves a New York restaurant. For years Shine carried out Roger Ailes’ orders, earning himself the nicknamed “the Butler” at Fox. Now, Shine is serving the same role under President Donald Trump. Shine has yet to select a permanent office or unpack his stuff. But he has been putting his mark on the West Wing (AP Photo/Mark Lennihan, File)
August 12, 2018 - 11:21 pm
BRIDGEWATER, N.J. (AP) — For years he dutifully carried out Roger Ailes' orders, earning himself the nickname "the Butler" at Fox News. Now, Bill Shine is serving the same role under President Donald Trump. The former news executive, who was formally brought into the White House last month as...
Read More

Pages