Business News

July 16, 2019 - 3:37 pm
JEFFERSON CITY, Mo. (AP) — German pharmaceutical giant Bayer AG is closing its crop science division headquarters in North Carolina and moving 500 jobs to the St. Louis area, Missouri Gov. Mike Parson and a company executive announced Tuesday. Lisa Safarian, Bayer's commercial operations-North...
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July 16, 2019 - 3:37 pm
NEW YORK (AP) — Baseball's All-Star game is fading as a midsummer television attraction, but the adjunct Home Run Derby is becoming popular in its own right. The Nielsen company says a little more than 8 million people watched Tuesday's All-Star game on Fox, enough to be the second-most popular...
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FILE - This June 18, 2019, file photo shows a container ship on the Delaware River in Philadelphia. The Trump administration blasted a World Trade Organization decision Tuesday, July 16, that could let China levy sanctions on the United States. (AP Photo/Matt Rourke, File)
July 16, 2019 - 3:34 pm
WASHINGTON (AP) — The Trump administration blasted a World Trade Organization decision Tuesday that could let China levy sanctions on the United States. The 2-1 decision by the WTO's appellate body was actually a mixed verdict in a case that dates back to 2007 and is unrelated to the tariffs the...
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FILE - This March 28, 2018, file photo shows a Facebook logo at the company's headquarters in Menlo Park, Calif. Facebook’s ambitious plan to create a new financial system based on a digital currency faces questions from lawmakers, as it’s shadowed by negative comments from President Donald Trump, his Treasury secretary and the head of the Federal Reserve. (AP Photo/Marcio Jose Sanchez, File)
July 16, 2019 - 3:03 pm
WASHINGTON (AP) — The Latest on congressional hearings on the reach of big tech (all times local): 4 p.m. Matt Perault, Facebook's head of global policy development, says the social media giant is an "American success story" with plenty of competition in all the areas it does business in. Speaking...
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Ursula von der Leyen gestures after being elected as the new European Commission President at the European Parliament in Strasbourg, eastern France, Tuesday, July 16, 2019. (AP Photo/Jean-Francois Badias)
July 16, 2019 - 2:19 pm
BRUSSELS (AP) — For Ursula von der Leyen, becoming European Commission president and perhaps the most important official in the European Union felt like coming home. After she was confirmed by the European Parliament in a cliffhanger ballot that saw her scrape through with nine votes beyond a...
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German Ursula von der Leyen talks to journalists during a news conference following her election as new European Commission President at the European Parliament in Strasbourg, eastern France, Tuesday, July 16, 2019. (AP Photo/Jean-Francois Badias)
July 16, 2019 - 2:07 pm
BRUSSELS (AP) — Ursula von der Leyen was confirmed as the European Commission president Tuesday, becoming the first woman to hold one of the most prestigious positions in the European Union and who will be one of the most prominent faces from the bloc on the world stage. The European Parliament...
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An usher holds a ballot to be used for the election of the German candidate Ursula von der Leyen as the new European Commission President at the European Parliament in Strasbourg, eastern France, Tuesday, July 16, 2019. (AP Photo/Jean-Francois Badias)
July 16, 2019 - 12:41 pm
BRUSSELS (AP) — The Latest on the EU parliament vote on European Commission president (all times local): 7:35 p.m. The European Union's parliament has confirmed German Defense Minister Ursula von der Leyen to be the new president of the EU's executive commission. The European Parliament voted 383-...
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Treasury Secretary Steve Mnuchin takes questions as he speaks during a news briefing at the White House, in Washington, Monday, July 15, 2019. (AP Photo/Carolyn Kaster)
July 16, 2019 - 10:51 am
PARIS (AP) — Finance officials from the Group of Seven rich democracies will weigh risks from new digital currencies and debate how to tax tech companies like Google and Amazon when they meet this week in the Paris suburb of Chantilly. Those two issues, raised by the impact of the digitalization on...
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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 16, 2019 - 9:31 am
SOFIA, Bulgaria (AP) — Bulgarian officials said Tuesday that unidentified hackers have stolen the personal details of millions of people from Bulgaria's national revenue agency and noted a possible Russian link in the case. Prime Minister Boyko Borissov called an emergency meeting of all law...
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In this Nov. 29, 2018 photo a Chase Bank logo is attached to an exterior wall at a bank location, in Dedham, Mass. JP Morgan Chase reports financial results on Tuesday, July 16, 2019. (AP Photo/Steven Senne)
July 16, 2019 - 8:47 am
NEW YORK (AP) — Banking giant JPMorgan Chase & Co. said Tuesday that its second quarter profits grew by 16% from a year ago, helped by lower taxes and the ability to charge businesses and consumers more to borrow money. The nation's largest bank by assets said Tuesday that it earned $9.65...
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