Business

US, China putting trade war on hold after progress in talks

China US Trade

The world's two biggest economies are pulling back from the brink of a trade war after making...

Business

Spanish ruling party convicted in major corruption case

Spain Corruption

MADRID (AP) — A Spanish court on Thursday issued hefty prison sentences for politicians and businesspeople involved in a kickbacks-for-contracts scheme that helped fund the governing party. The National Court’s decision is a major blow for Spanish Prime Minister Mariano Rajoy’s Popular Party, fined...


Business

Las Vegas strike would have far-reaching effect

Las Vegas Casinos Contracts

LAS VEGAS (AP) — What happens in Las Vegas could have a ripple effect across the country if 50,000 casino-hotel workers employed at more than 30 of the city’s world-famous resorts go on strike at any time starting next week. If members of the union that includes hotel and food workers don’t show up...


Business

Trump administration explores tariffs on autos, auto parts

Trump

WASHINGTON (AP) — The Trump administration launched an investigation into whether tariffs are needed on the imports of automobiles into the United States, moving swiftly as talks over the North American Free Trade Agreement have stalled. President Donald Trump predicted earlier that U.S. automakers...


Business

Protests worldwide against US idea of auto import tariffs

China US Trade

BEIJING (AP) — China, Japan and the European Union condemned Thursday the Trump administration’s decision to launch an investigation into whether tariffs are needed on imports of vehicles and automotive parts into the United States. President Donald Trump invoked a provision authorizing the...


Business

Nurses at Massachusetts hospital reach contract deal

GREENFIELD, Mass. (AP) — Unionized nurses at a western Massachusetts hospital have reached a contract deal with management after about 18 months of contentious negotiations and a pair of one-day strikes. The five-year deal between Baystate Franklin Medical Center in Greenfield and about 200 nurses...


Business

China's Li says German companies welcome amid US trade spat

China Germany

BEIJING (AP) — Premier Li Keqiang said Thursday that China welcomes German companies during a visit by Chancellor Angela Merkel that gives Beijing an opportunity to try to recruit an ally in its trade feud with U.S. President Donald Trump. Both China and Germany are embroiled in disputes with...


World

CEO, board members quit Russian metals giant amid sanctions

MOSCOW (AP) — Russian aluminum maker Rusal says its CEO and seven board members have quit, a move that comes as the company struggles to survive U.S. sanctions. U.S. has hit Rusal and its major shareholder, billionaire Oleg Deripaska, with sanctions cutting the company off from international...


Business

The Latest: EU says US car tariffs would break trade rules

China US Trade

WASHINGTON (AP) — The Latest on the Trump administration’s interest in putting tariffs on auto imports (all times local): 6:50 a.m. European Commission Vice-President Jyrki Katainen says that any U.S. plan to unilaterally raise tariffs on auto imports “obviously would be against” rules of the World...


National

Disputed Keystone Pipeline project focus of court hearing

Keystone Pipeline Lawsuit

BILLINGS, Mont. (AP) — Attorneys for the Trump administration were due in a Montana courtroom Thursday to defend the disputed Keystone XL oil sands pipeline against environmental groups that want to derail the project. The 1,179-mile (1,800-kilometer) line proposed by TransCanada Corporation was...


Business

AP Top Business News at 7:26 a.m. EDT

Disputed Keystone Pipeline project focus of court hearing Trump administration explores tariffs on autos, auto parts The Latest: EU says US car tariffs would break trade rules Protests worldwide against US idea of auto import tariffs Las Vegas strike would have far-reaching effect Global stocks...


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