Business News

Time board: company not for sale; stock plunges

Time's stock plunges after the publisher's board says it's not considering a sale of the company

Congress settles for stopgap to avoid government…

Congress puts off spending wrangle for another week, passes stopgap bill to avoid midnight shutdown

West Coast dockworkers to vote on labor-peace deal

West Coast seaports where work stoppages have affected billions of dollars in cargo could get long-term labor peace if dockworkers approve a new contract extension

US stocks close modestly lower, but end higher…

U.S. stocks closed modestly lower Friday, ending just short of another milestone for Wall Street.

Court agrees to hold off ruling on carbon…

Obama-era clean air rules are under threat after a federal appeals court Friday went along with request to delay ruling on a legal challenge to carbon emission limits

2nd company shuts oil, gas wells after fatal…

A second petroleum company says it's shutting down and inspecting wells after a deadly house explosion near a gas well in Colorado

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Warren, Sanders unhappy by Wall Street-paid Obama…

U.S. Sen. Elizabeth Warren and Sen. Bernie Sanders are not happy by reports that former President Barack Obama will be paid $400,000 to speak at a September health care conference put on by Wall Street firm Cantor Fitzgerald

US economy expanded at weakest pace in 3 years

US economy grew just 0.7 percent in the first quarter amid consumer spending slowdown

Alphabet paid Google CEO Sundar Pichai $200M in 2016

Google CEO Sundar Pichai received $200 million compensation package for running the internet company that makes nearly all the money for Alphabet

FDA approves 1st targeted drug for certain…

U.S. regulators have approved the first targeted drug for certain patients with an aggressive form of leukemia

Apple ceases iPhone payments to Qualcomm…

Qualcomm slashes its profit expectations after saying that Apple is now refusing to pay royalties on technology used in the iPhone

Appeals court upholds decision to block Anthem…

A federal appeals court has left in place a decision blocking Anthem Inc.'s bid to buy rival health insurer Cigna Corp.

Alex Acosta sworn in as US labor secretary

A former federal prosecutor and civil rights chief at the Justice Department, Alex Acosta, has been confirmed as President Donald Trump's labor secretary

Facebook gearing up to fight political propaganda

Facebook is acknowledging that governments and other malicious non-state actors are using its social network to shift public sentiment

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Experts: Long road ahead for Trump offshore…

Experts: Donald Trump's executive order directing his agencies to find new ocean expanses in the Atlantic and the Arctic for offshore drilling is unlikely to reach its goals anytime soon

GM is motoring as profit jumps 34 pct on US truck…

General Motors put up record first-quarter profits with sales of trucks and SUVs in the U.S. booming

Diners may have to wait longer for restaurant…

Consumers hoping to consistently find out how many calories are in that burger and fries may have to wait _ again

Hannity defends Fox News co-president Shine amid…

Sean Hannity is defending Fox News Channel co-president Bill Shine following a report that members of the controlling Murdoch family refused to release a statement of support for the executive

Global stocks subdued amid Korea jitters…

Global stock markets are mixed amid renewed jitters over North Korea and conflicting signals from President Donald Trump about U.S. trade policy

Eurozone inflation rises to target as economy…

Inflation across the 19-country eurozone pushed up to the European Central Bank's target in April as an improvement in the economy showed clear signs of driving up prices

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Five worst new car features

AP FACT CHECK: Claims about Trump's tax plan…

An AP Fact Check finds that some of the White House claims about President Donald Trump's tax plan don't hold water