Business

October 11, 2019 - 7:36 am
BEIJING (AP) — China has announced a timetable for lifting limits on foreign ownership of some finance businesses, starting with futures traders on Jan. 1, as Beijing tries to make its slowing economy more competitive and efficient. An official newspaper said Friday ownership limits will be lifted...
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FILE - In this Tuesday, March 5, 2019 file photo, Thierry Bollore, Renault Chief Executive Officer, speaks during the presentation of the new Renault Clio as part of the press day at the '89th Geneva International Motor Show' in Geneva, Switzerland. French carmaker Renault has dismissed its chief executive officer, overhauling its leadership once again after the jailing of its previous chairman and CEO. The decision by the board on Friday Oct. 11, 2019, to dismiss Thierry Bollore was effective immediately. (Cyril Zingaro/Keystone via AP, File)
October 11, 2019 - 6:23 am
PARIS (AP) — French carmaker Renault dismissed its chief executive officer on Friday, overhauling its leadership once again after the jailing of its previous chairman and CEO. It came days after Nissan, with which Renault shares a deep alliance, named a new CEO, indicating the two companies were...
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This photo released by the official news agency of the Iranian Oil Ministry, SHANA, shows Iranian oil tanker Sabiti traveling through the Red Sea Friday, Oct. 11, 2019. Two missiles struck the Iranian tanker Sabiti traveling through the Red Sea off the coast of Saudi Arabia on Friday, Iranian officials said, the latest incident in the region amid months of heightened tensions between Tehran and the U.S. (SHANA via AP)
October 11, 2019 - 6:16 am
LONDON (AP) — Energy prices are up after an apparent attack on an Iranian tanker revived concerns about instability in the oil-rich region. The international benchmark for oil rose 1.6% to $60.05 a barrel Monday after Iranian officials said two missiles had hit a tanker off the coast of regional...
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A man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, Oct. 11, 2019. Asian stock markets followed Wall Street higher Friday on optimism about U.S.-Chinese talks on ending a tariff war.(AP Photo/Eugene Hoshiko)
October 11, 2019 - 2:13 am
BEIJING (AP) — Asian stock markets followed Wall Street higher Friday on optimism about U.S.-Chinese talks on ending a tariff war. Benchmarks in Shanghai, Tokyo and Hong Kong all advanced. Traders were encouraged by President Donald Trump's plan to meet Beijing's chief trade envoy. Economists say a...
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Tina Wheeler, manager of Dan and Vi's pizza poses for a photo, Thursday, Oct. 10, 2019 in Detroit. Dan and Vi’s pizza deli, one of the few eateries near the Detroit-Hamtramck General Motors plant, says sales have been down, though Wednesday’s noontime crowd snaked around the small shop nearly to the door. “We’re definitely noticing a difference in sales, but we’re gonna be OK,” said manager Tina Wheeler. “We’ve been in the neighborhood 56 years. We’re not going anywhere.” (AP Photo/Corey Williams)
October 11, 2019 - 12:29 am
DETROIT (AP) — Zack Bazzi is not seeing workers from a nearby General Motors plant swing through the gas station where he works on Detroit's east side since they went on strike nearly a month ago. Business is "slow," Bazzi said from behind the counter of the empty Marathon station within a short...
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Yolanda Jacobs, a United Auto Workers member, walks the picket line at the General Motors Romulus Powertrain plant in Romulus, Mich., Wednesday, Oct. 9, 2019. Nearly four weeks into the United Auto Workers' strike against GM, employees are starting to feel the pinch of going without their regular paychecks. (AP Photo/Paul Sancya)
October 10, 2019 - 11:19 pm
DETROIT (AP) — General Motors Chief Executive Mary Barra has stepped into contract talks with striking auto workers, asking the union to wrap up outstanding issues and respond to a company offer made this week. But in a letter to GM's top bargainer Thursday, United Auto Workers Vice President Terry...
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Strong Santa Ana winds in Chatsworth, Calif., blew across power lines causing them to arc and transformers to explode. Power was out for street signs, businesses and residents along Devonshire St. from Topanga Canyon Blvd. to Variel Ave. on Thursday, Oct. 10, 2019. (Dean Musgrove/The Orange County Register via AP)
October 10, 2019 - 11:18 pm
LOS ANGELES (AP) — Even as the winds gusted dangerously as forecast, California's biggest utility faced hostility and second-guessing Thursday for shutting off electricity to millions of people to prevent its equipment from sparking wildfires. Gov. Gavin Newsom criticized Pacific Gas & Electric...
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NASA Administrator Jim Bridenstine, left, talks with SpaceX chief engineer Elon Musk, right, in front of the Crew Dragon spacecraft, about the progress to fly astronauts to and from the International Space Station, from American soil, as part of the agency's commercial crew program at SpaceX headquarters, in Hawthorne, Calif., Thursday, Oct. 10, 2019. (AP Photo/Alex Gallardo)
October 10, 2019 - 8:35 pm
HAWTHORNE, Calif. (AP) — NASA Administrator Jim Bridenstine said Thursday that a recent Twitter statement critical of SpaceX was a signal to all the space agency's contractors about realistic development timelines. Bridenstine addressed the issue during a press conference with SpaceX founder Elon...
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Chinese Vice Premier Liu He accompanied by U.S. Trade Representative Robert Lighthizer, left, and Treasury Secretary Steven Mnuchin, greets the media before a minister-level trade meetings at the Office of the United States Trade Representative in Washington, Thursday, Oct. 10, 2019. (AP Photo/Jose Luis Magana)
October 10, 2019 - 6:27 pm
WASHINGTON (AP) — President Donald Trump offered an upbeat assessment of U.S.-China trade talks and said he would meet at the White House on Friday with the leader of the Chinese negotiating team. Expectations were low that the negotiations would do much to resolve a 15-month trade battle that is...
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FILE - In this Thursday, Jan. 20, 2011 file photo, A Continental Airlines Boeing 737-NG takes off in Tampa, Fla. Inspections of some older Boeing jets have turned up structural cracks in more than three dozen of them, raising a new safety issue for the company, which is already dealing with two deadly crashes involving a newer version of the same plane. Boeing said Thursday , Oct. 10, 2019 that airlines worldwide have inspected 810 planes following an order from U.S. safety regulators, and 38 or 5% had “findings” that will require repairs. (AP Photo/Chris O'Meara, File)
October 10, 2019 - 6:21 pm
Inspections of some older Boeing jets have turned up structural cracks in more than three dozen of them, raising a new safety issue for the company already dealing with two deadly crashes involving a newer version of the same plane. Boeing said Thursday that airlines worldwide have inspected 810...
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