Business

January 25, 2020 - 8:25 am
NEW YORK (AP) — Stocks around the world fell this week on worries that a new type of virus in China may ultimately hit profits for companies from Wuhan to Washington. The World Health Organization has held off on calling the outbreak a global health emergency but says it may become one. The virus...
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FILE-In this Sept. 11, 2018 file photo, live lobsters are packed in coolers for shipment to China at The Lobster Company in Arundel, Maine. The busiest season for lobster exports to China is around Chinese New Year, which took place Saturday. Lobsters have exploded in popularity with the Chinese middle class but President Donald Trump's trade hostilities with China led to tariffs in 2018 that cratered the U.S. export market. Meanwhile, Canada's market has surged. (AP Photo/Robert F. Bukaty, files)
January 25, 2020 - 6:34 am
PORTLAND, Maine (AP) — American seafood exporters are optimistic that a new trade deal with China will allow them to claw back into one of the world's biggest markets for lobster, but help might not have arrived in time for the biggest day on the calendar. The busiest season for lobster exports to...
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FILE - In this Tuesday, June 17, 1997 ,file photo, Britain's Prime Minister Tony Blair, foreground, mounts a bike, along with European leaders in Amsterdam. One of Blair's ambitions after his Labour Party won a landslide election victory in May, 1997, was to put Britain at the "heart of Europe." However, his decision to join the U.S.-led war in Iraq in 2003 put him at odds with many in Europe, notably French President Jacques Chirac. On Jan. 31, 2020, Britain is scheduled to leave what became known as the European Union after 47 years of membership. (AP Photo/Hermann Knippertz, File)
January 25, 2020 - 2:00 am
LONDON (AP) — Britain officially leaves the European Union on Jan. 31 after a debilitating political period that has bitterly divided the nation since the 2016 Brexit referendum. Difficult negotiations setting out the new relationship between Britain and its European neighbors will continue...
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January 24, 2020 - 6:40 pm
California’s secretary of state on Friday approved Los Angeles County’s new publicly owned computerized voting system — a first of its kind for the nation — but is requiring modifications to address serious security and technical problems identified in testing. Secretary of State Alex Padilla is...
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FILE - This Oct. 16, 2019, file photo shows a sign at a General Motors facility in Langhorne, Pa. Fiat Chrysler is moving to dismiss a racketeering lawsuit filed by rival General Motors, denying allegations that it bribed union officials to impose higher labor costs on GM. In papers filed Friday, Jan. 24, 2020 with the federal court in Detroit, FCA argued that GM’s lawsuit is not based on facts. (AP Photo/Matt Rourke, File)
January 24, 2020 - 4:52 pm
DETROIT (AP) — Fiat Chrysler is moving to dismiss a racketeering lawsuit filed by rival General Motors, denying allegations that it bribed union officials to impose higher labor costs on GM. In papers filed Friday with the federal court in Detroit, FCA argued that GM’s lawsuit is not based on facts...
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FILE - In this May 9, 2019, file photo Jeff Bezos speaks at an event before unveiling Blue Origin's Blue Moon lunar lander in Washington. Two U.N. experts this week called for the U.S. to investigate a likely hack of Bezos' phone that could have involved Saudi Arabian Crown Prince Mohammed bin Salman. A commissioned forensic report found with “medium to high confidence” that Bezos' phone was compromised by a video MP4 file he received from the prince in May 2018. (AP Photo/Patrick Semansky, File)
January 24, 2020 - 4:21 pm
PROVIDENCE, R.I. (AP) — You may not think you're in the same league as Jeff Bezos when it comes to being a hacking target. Probably not, but you — and just about anyone else, potentially including senior U.S. government figures — could still be vulnerable to an attack similar to one the Amazon...
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January 24, 2020 - 3:50 pm
ATHENS, Greece (AP) — Fitch ratings agency on Friday raised Greece's credit rating by one notch to BB with a positive outlook, implying that a further upgrade could come in the future. The country emerged from a ten-year financial crisis in 2018, and its credit is still rated between two and four...
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Elliot Harmon, right, fires up fellow protestors Friday, Jan. 24, 2020, in Los Angeles outside the headquarters of the regulatory body for domain names, the Internet Corporation for Assigned Names and Numbers. The company that controls the dot-org online universe is putting the registry of domain names up for sale, and the nonprofits that often use the suffix in their websites are raising concerns about the move. ICANN is meeting this weekend and is expected to rule by mid-February on plans by private-equity firm Ethos Capital to buy the Public Interest Registry for $1.1 billion. (AP Photo/Mark J. Terrill)
January 24, 2020 - 3:19 pm
LOS ANGELES (AP) — The company that controls the dot-org universe is trying to sell the online registry to an investment firm for more than $1 billion, drawing opposition from activists who protested Friday and others who fear costs would soar if a for-profit company is in charge of registering the...
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A man burn joss sticks as he prays at the Wong Tai Sin Temple, Friday, Jan. 24, 2020, in Hong Kong, to celebrate the Lunar New Year which marks the Year of the Rat in the Chinese zodiac. China is expanding its lockdown against the deadly new virus to an unprecedented 36 million people and rushing to build a prefabricated, 1,000-bed hospital for victims as the outbreak cast a pall over Lunar New Year, the country’s biggest and most festive holiday. (AP Photo/Achmad Ibrahim)
January 24, 2020 - 2:48 pm
China’s worst health crisis in years has sparked fear and uncertainty for businesses from North America to Asia that depend on trade in the affected region. Experts say it’s too soon to know how disruptive the crisis will prove. But it’s already having an impact. McDonald’s has shuttered...
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FILE - In this Jan. 9, 2020, file photo specialist Brian Giannettino works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Jan. 24. (AP Photo/Richard Drew, File)
January 24, 2020 - 2:03 pm
Health care companies led a broad slide in U.S. stocks Friday as increased fears over the spread of a deadly outbreak of coronavirus rattled markets. The S&P 500 had its worst day since early October and snapped a two-week winning streak. The sell-off followed news that a Chicago woman has...
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