Latest News

Business

  • Italy lowers deficit in revised budget to avoid EU sanctions

    MILAN (AP) — Italy lowered its proposed deficit to just over 2 percent of GDP in a revised budget submitted Wednesday to the EU Commission in a bid to avoid costly sanctions. Premier Giuseppe Conte told reporters in Brussels after meeting with European Commission President Jean-Claude Juncker the new draft lowers the budget deficit to […]
  • Prosecutors seek prison time for former bank execs

    DOVER, Del. (AP) — Prosecutors are seeking prison time for four former executives of the only financial institution criminally charged in connection with the federal bank bailout program. The four former of Wilmington Trust in Delaware face sentencing next week for fraud and conspiracy. They are requesting probation. Former bank president Robert Harra Jr. and […]
  • States cite climate worries in push to stop US coal sales

    BILLINGS, Mont. (AP) — Four states that say burning coal will hurt their residents as it makes climate change worse are trying to stop the Trump administration from selling vast reserves of the fuel that are beneath public lands. Attorneys for California, New Mexico, New York and Washington argue the coal sales have been shortchanging […]
  • In airline-business rarity, Air France picks a woman CEO

    When the leaders of global airlines posed for a photo in June, there were 25 men in dark suits and a lone woman in the last seat on the far right. That could be changing, but very slowly. Air France announced Wednesday that Anne Rigail will take over as CEO next week. Rigail, a 27-year […]
  • Toyota recalls 70,000 vehicles to replace air bag inflators

    DETROIT (AP) — Toyota is recalling about 70,000 Toyota and Lexus brand vehicles in North America to replace air bag inflators that could explode and hurl shrapnel at drivers and passengers. The recall covers the 2003 to 2005 Corolla, the 2002 to 2005 Sequoia, the 2003 to 2005 Tundra and the 2002 to 2005 Lexus […]
  • Hungary: Lawmakers OK labor code changes seen as ‘slave law’

    BUDAPEST, Hungary (AP) — Hungary’s parliament on Wednesday approved amendments to the labor code — changes that trade unions and opponents have criticized as “slave law” benefiting employers. Lawmakers voted 130-52, with one abstention, to pass the government-backed proposal. Opposition members tried to stop the measure’s approval by blowing whistles and sirens during most of […]
  • When it comes to natural gas, US ‘open for business’

    WASHINGTON (AP) — Last November, diplomats from Brazil to Japan joined oil and gas executives at the headquarters of Washington’s largest lobbying group to christen a new partnership. Inside the marble walls of the U.S. Chamber of Commerce, a crowd of 200 welcomed the U.S. Gas Infrastructure Exports Initiative — a coalition of 25 companies, […]
  • You got a bad review online? Some tips on how to handle it

    NEW YORK (AP) — Negative online reviews may be hard for small businesses to avoid — even companies with many happy customers can get panned. Marketing consultants, who help companies keep a positive image, say owners should never ignore a bad review, and instead use their best customer service skills to mitigate the damage: Some […]
  • Bad review? Owners should address online reviewers’ concerns

    NEW YORK (AP) — Brad Schweig thought he had a satisfied customer when a woman who bought outdoor furniture in March 2017 posted a five-star review online. Less than a year later, it was down to one star after a squirrel chewed a hole in one of the cushions. Many business owners have faced the […]
  • California mulls texting fee to help poor people get phones

    SACRAMENTO, Calif. (AP) — California regulators are considering a plan to charge a fee for text messaging on mobile phones to help support programs that make phone service accessible to the poor, according to a newspaper report Wednesday. The proposal is scheduled for a vote next month by the state Public Utilities Commission, the Mercury […]