Business

Workers clean the front of the new Huawei flagship store due to open soon in Madrid, Spain, Wednesday, May 22, 2019. The Trump administration sanctions against Huawei have begun to bite even though their dimensions remain unclear. U.S. companies that supply the Chinese tech powerhouse with computer chips face a drop in sales, and Huawei's smartphone sales could get decimated with the anticipated loss of Google's popular software and services. (AP Photo/Paul White)
May 22, 2019 - 7:29 am
LONDON (AP) — Two British mobile phone companies say they're putting on hold plans to sell new 5G mobile phones from China's Huawei. EE and Vodafone said Wednesday they are pausing the launch of Huawei smartphones that can be used on next generation mobile networks. The companies said they are...
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Britain's Prime Minister Theresa May leaves 10 Downing Street to attend the weekly session of Prime Ministers Questions in Parliament in London, Wednesday, May 22, 2019. (AP Photo/Kirsty Wigglesworth)
May 22, 2019 - 7:25 am
LONDON (AP) — British Prime Minister Theresa May was under pressure Wednesday to scrap a planned vote on her tattered Brexit blueprint — and to call an end to her embattled premiership — after her attempt at compromise got the thumbs-down from both her own Conservative Party and opposition...
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FILE - In this Saturday, March 30, 2019, file photo, workers assemble LED lights at a factory in Yushan county in central China's Jiangxi province. China is cutting taxes on its fledgling software and integrated circuit industries to spur development in the face of U.S. export controls that threaten to handicap Chinese tech companies. (AP Photo, File)
May 22, 2019 - 6:35 am
BEIJING (AP) — China is cutting taxes on its fledgling software and integrated circuit industries as U.S. export controls threaten to handicap Chinese tech companies. The Finance Ministry's announcement Wednesday comes amid a spiraling tariff war with Washington over Chinese technology ambitions...
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Britain's Prime Minister Theresa May delivers a speech in London, Tuesday, May 21, 2019. The British government is discussing how to tweak its proposed European Union divorce terms in a last-ditch attempt to get Parliament's backing for Prime Minister Theresa May's deal with the bloc. (AP Photo/Kirsty Wigglesworth, pool)
May 22, 2019 - 6:35 am
LONDON (AP) — British Prime Minister Theresa May was under pressure Wednesday to scrap a planned vote on her Brexit blueprint — and to resign — after her attempt at compromise got the thumbs-down from both her own Conservative Party and opposition lawmakers. May plans to ask Parliament to vote next...
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FILE - This Oct. 20, 2015 file photo shows the Scunthorpe steel plant, now owned by British Steel, in Scunthorpe, England. Britain’s government pledged Tuesday May 21, 2019 to do its utmost to support British Steel amid reports the company is facing bankruptcy. (Anna Gowthorpe/PA via AP, File)
May 22, 2019 - 5:49 am
LONDON (AP) — Britain's Insolvency Service says British Steel has been ordered into compulsory liquidation after talks with the government failed to secure a bailout. The move threatens some 5,000 workers employed by the company, with another 20,000 jobs in the supply chain. The official receiver...
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Investors chat as they monitor stock prices at a brokerage house in Beijing, Wednesday, May 22, 2019. Shares edged in Asia on Wednesday after a rebound in technology stocks helped power an overnight rally on Wall Street. (AP Photo/Andy Wong)
May 22, 2019 - 4:55 am
BANGKOK (AP) — World shares were mixed Wednesday after a rebound in technology stocks helped power an overnight rally on Wall Street. After a day of modest gains in Asia, Britain's FTSE 100 rose 0.4% to 7,360.41, while the DAX in Germany edged 0.1% higher to 12,152.04. The CAC 40 in France slipped...
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In this Dec. 15, 2018, photo, invited guests take photos of the Boeing 737 Max 8 airplane deliver to Air China during a ceremony at Boeing Zhoushan 737 Completion and Delivery Center in Zhoushan, east China's Zhejiang Province. Air China, one of China's three major state-owned airlines, is joining carriers that want compensation from Boeing Co. for the grounding of its 737 Max jetliner following two fatal crashes. The airline said it wants unspecified compensation for the grounding of its 15 Max aircraft and delays in delivery of new planes. It is the second major Chinese carrier to ask for compensation following China Eastern in April, 2019. (Chinatopix via AP)
May 22, 2019 - 2:26 am
BEIJING (AP) — Air China Ltd., one of China's three major state-owned airlines, is joining carriers that are asking Boeing Co. for compensation for the grounding of their 737 Max jetliners following two fatal crashes. The carrier also has asked Boeing for compensation for disruptions due to delays...
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Investors monitor stock prices at a brokerage house in Beijing, Wednesday, May 22, 2019. Shares edged in Asia on Wednesday after a rebound in technology stocks helped power an overnight rally on Wall Street. (AP Photo/Andy Wong)
May 22, 2019 - 1:52 am
BANGKOK (AP) — Shares edged in Asia on Wednesday after a rebound in technology stocks helped power an overnight rally on Wall Street. Investors bought technology shares after the U.S. government opted to temporarily ease off on proposed restrictions on technology sales to Chinese companies. Japan's...
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May 22, 2019 - 1:17 am
BEIJING (AP) — Air China Ltd., one of China's three major state-owned airlines, is joining carriers that are asking Boeing Co. for compensation for the grounding of their 737 Max jetliners following two fatal crashes. An employee of Air China's publicity department said Wednesday the carrier also...
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FILE - In this Jan. 12, 2016, file photo, a ride share car displays Lyft and Uber stickers on its front windshield in downtown Los Angeles. One in six Uber and Lyft drivers in the New York City and Seattle areas are driving vehicles with outstanding recalls, according to Consumer Reports. But taking a taxi or limousine isn’t necessarily a safer option as nearly a quarter of traditional for-hire vehicles in New York City also have outstanding recalls, Consumer Reports said. (AP Photo/Richard Vogel, File)
May 21, 2019 - 8:43 pm
NEW YORK (AP) — One out of six Uber and Lyft drivers in the New York City and Seattle areas are driving vehicles with outstanding recalls, according to Consumer Reports. But taking a taxi or limousine isn't necessarily a safer option: nearly a quarter of traditional for-hire vehicles in New York...
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