Business

FILE - In this Oct. 19, 2017 file photo, Puerto Rico Electric Power Authority workers repair distribution lines damaged by Hurricane Maria in the Cantera community of San Juan, Puerto Rico. Federal lawmakers demand Wednesday, July 25, 2018 that Puerto Rico quickly privatize its bankrupt power company in a bid to end its turmoil and allow others to provide stable electricity in the aftermath of Hurricane Maria. (AP Photo/Carlos Giusti, File)
July 25, 2018 - 6:15 pm
SAN JUAN, Puerto Rico (AP) — Federal lawmakers demand Wednesday that Puerto Rico quickly privatize its bankrupt power company in a bid to end its turmoil and allow others to provide stable electricity in the aftermath of Hurricane Maria. Frustration grew as consultants and local and federal...
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FILe - In this April 13, 2017, photo, shows the Trump International Hotel is on Pennsylvania Avenue in Washington. A federal judge ruled July 25, 2018, that Maryland and the District of Columbia can proceed with their lawsuit accusing President Donald Trump of unconstitutionally accepting payments from foreign and state interests through his Washington hotel. The decision clears the way for the plaintiffs to seek financial records and other materials from the president's company. (AP Photos/Beth J. Harpaz, File)
July 25, 2018 - 6:09 pm
WASHINGTON (AP) — A federal judge ruled Wednesday that Maryland and the District of Columbia can proceed with their lawsuit accusing President Donald Trump of unconstitutionally accepting payments from foreign and state interests through his Washington hotel. The decision clears the way for the...
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July 25, 2018 - 6:06 pm
NEW YORK (AP) — Payment processing giant Visa said Wednesday that its fiscal third-quarter profits rose an adjusted 36 percent from a year ago, helped by an 11 percent increase in the amount people spent on its namesake network worldwide. Visa reported a profit of $2.33 billion, up from $2.06...
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July 25, 2018 - 5:58 pm
NEW YORK (AP) — President Donald Trump's company is planning a major expansion of one of its golf resorts in Britain that would include the construction and sale of 500 homes fetching as much as several million dollars each, raising possible conflict-of-interest issues as his administration faces...
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FILE - In this April 23, 2018, file photo, the logo for General Motors appears above a trading post on the floor of the New York Stock Exchange. General Motors, facing rising commodity costs in a trade showdown with Europe and elsewhere, cut its outlook for the year. Shares tumbled more than 5 percent before the opening bell, and GM’s view of the year ahead dragged down shares of the entire auto sector Wednesday, July 25. (AP Photo/Richard Drew, File)
July 25, 2018 - 5:56 pm
NEW YORK (AP) — General Motors, facing rising commodity costs in a trade showdown with Europe and elsewhere, cut its outlook for the year. The diminished expectations overshadowed a strong second quarter and shares tumbled more than 7 percent in early trading. The rest of the auto sector was...
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President Donald Trump meets with European Commission president Jean-Claude Juncker in the Oval Office of the White House, Wednesday, July 25, 2018, in Washington. (AP Photo/Evan Vucci)
July 25, 2018 - 5:53 pm
WASHINGTON (AP) — President Donald Trump and European leaders pulled back from the brink of a trade war over autos Wednesday and agreed to open talks to resolve a dispute over steel and to tear down trade barriers between the United States and the European Union. In a hastily called Rose Garden...
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July 25, 2018 - 5:25 pm
NEW YORK (AP) — President Donald Trump's company plans to construct more than 500 homes at one of his golf resorts in Britain, a major expansion that raises potential conflict-of-interest issues as the U.S. engages in trade talks with the country. The Trump Organization says it has submitted plans...
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July 25, 2018 - 5:23 pm
SAN JUAN, Puerto Rico (AP) — Federal lawmakers demand Wednesday that Puerto Rico quickly privatize its bankrupt power company in a bid to end its turmoil and allow others to provide stable electricity in the aftermath of Hurricane Maria. Frustration grew as consultants and local and federal...
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July 25, 2018 - 5:22 pm
A U.S. motorcycle manufacturer announced plans to increase production in Poland after President Donald Trump ordered tariffs on steel and aluminum and the European Union retaliated with tariffs on motorcycles, but the company said Wednesday the move will not reduce jobs at its U.S. plants. Last...
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FILE - In this March 29, 2018, file photo, the logo for Facebook appears on screens at the Nasdaq MarketSite in New York's Times Square. Facebook's user base and revenue grew more slowly than expected in the second quarter of 2018 as the company grappled with privacy issues, sending its stock tumbling after hours. (AP Photo/Richard Drew, File)
July 25, 2018 - 5:21 pm
NEW YORK (AP) — Facebook's user base and revenue grew more slowly than expected in the second quarter as the company grappled with privacy issues, sending its stock tumbling after hours. The earnings covered the company's first full quarter since the Cambridge Analytica privacy scandal erupted. But...
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