Business

French Finance Minister Bruno Le Maire, left, welcomes US Secretary of Commerce Wilbur Ross prior to their meeting at French Economy Ministry in Paris, France, Thursday, May 31, 2018. U.S. tariffs on European steel and aluminum imports are expected after Trump administration's failure to win concessions from EU. (AP Photo/Francois Mori)
May 31, 2018 - 9:57 am
WASHINGTON (AP) — The Trump administration announced Thursday it will impose tariffs on steel and aluminum imports from Europe, Mexico and Canada after failing to win concessions from the American allies. The decision could provoke retaliatory penalties and exacerbate trans-Atlantic and North...
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FILE- In this May 7, 2018, file photo, a long line of 2018 and 2019 Cooper Countryman models sits at a Mini Cooper dealership in Highlands Ranch, Colo. On Thursday, May 31, the Commerce Department issues its April report on consumer spending, which accounts for roughly 70 percent of U.S. economic activity. (AP Photo/David Zalubowski, File)
May 31, 2018 - 9:02 am
WASHINGTON (AP) — Americans boosted their spending by 0.6 percent in April, the biggest increase in five months, while a gauge of inflation remained at the Federal Reserve's optimal level for a second straight month. The Commerce Department said Thursday that last month's increase in consumer...
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European Commission's mission chief for Greece, Declan Costello speaks as he attends a Economic conference in Athens, Thursday, May 31, 2018. Greece is currently negotiating the terms of its bailout exit with European creditors, including how its finances will be monitored and the conditions of a promised debt relief package. (AP Photo/Petros Giannakouris)
May 31, 2018 - 9:01 am
ATHENS, Greece (AP) — A top European Union official in Greece says the country's access to bond markets remains "fragile" amid the ongoing financial turmoil triggered by the political standoff in Italy. European Commission envoy Declan Costello made the cautionary remarks at a financial conference...
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May 31, 2018 - 8:57 am
LONDON (AP) — A leading campaigner for Britain's exit from the European Union has been accused of hypocrisy after applying for permanent residency in France. Former U.K. Treasury chief Nigel Lawson told newspaper The Connexion that he is applying for a permanent residency card, known as a "carte de...
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FIlE - In this April 8, 2014 file photo, Roseanne Barr arrives at the NBC Universal Summer Press Day in Pasadena, Calif. The unprecedented sudden cancellation of ABC's TV’s top comedy "Roseanne" has left a wave of unemployment and uncertainty in its wake. Barr’s racist tweet and the almost immediate axing of her show put hundreds of people out of work. (Photo by Richard Shotwell/Invision/AP, File)
May 31, 2018 - 7:00 am
LOS ANGELES (AP) — The unprecedented sudden cancellation of one of television's top comedies has left a wave of unemployment and uncertainty in its wake. Roseanne Barr's racist tweet and the swift axing of her rebooted show put hundreds of people out of work, with some wondering whether they would...
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May 31, 2018 - 6:52 am
NEW YORK (AP) — Sears is closing another 72 stores after reporting a first-quarter losses and plunging sales. The struggling retailer said Thursday that it has identified about 100 stores that are no longer turning profits, and 72 of those locations will be shuttered soon. Sears Holdings Corp.,...
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People walk past a Wumei convenience store, part of the Wumart Stores retail company, in Beijing, Thursday, May 31, 2018. China's supreme court has thrown out the fraud conviction of a retail tycoon in an unusual gesture of official leniency toward entrepreneurs amid a string of high-profile detentions and prosecutions that has rattled the Chinese business world. (AP Photo/Mark Schiefelbein)
May 31, 2018 - 5:51 am
BEIJING (AP) — China's supreme court threw out a retail tycoon's fraud conviction on Thursday in an unusual show of leniency toward entrepreneurs amid a string of high-profile detentions that has rattled the Chinese business world. Zhang Wenzhong, former chairman of one of China's biggest retail...
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May 31, 2018 - 5:45 am
LONDON (AP) — A government-backed review on gender balance in some of Britain's biggest companies revealed a list of excuses used to explain why they've failed to appoint more women to the boardroom. The government's business department released the list of excuses Thursday as part of its efforts...
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FILE - In this Nov. 3, 2016, file photo, British labor rights activist Andy Hall talks to reporters at the Supreme Court in Bangkok. A Thai court of appeal dismissed criminal defamation charges against Hall who was sued by a fruit packaging company after he alleged human rights violations at its factory. (AP Photo/Sakchai Lalit, File)
May 31, 2018 - 5:37 am
BANGKOK (AP) — A Thai appeals court on Thursday vindicated a British labor rights activist entangled in a years-long legal confrontation with a fruit-packing company after he publicized alleged human rights violations at its factory. The legal victory for Andy Hall was welcomed by Amnesty...
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FILE - In this May 25, 2018 file photo, Harvey Weinstein listens during a court proceeding in New York. Weinstein won't testify before the New York grand jury that's weighing whether to indict him on rape and other sex charges. A statement issued through a spokesman Wednesday, May 30, says Weinstein's lawyers decided there wasn't enough time to prepare him to testify. They say he learned the specific charges and the accusers' identities only after turning himself in Friday, with a deadline set for Wednesday afternoon to testify or not. (Steven Hirsch/New York Post via AP, Pool)
May 31, 2018 - 5:32 am
NEW YORK (AP) — Harvey Weinstein was indicted on rape and criminal sex act charges, furthering the first criminal case to arise from a slate of sexual misconduct allegations against the former movie mogul. Manhattan District Attorney Cyrus R. Vance Jr. said Wednesday's indictment brings Weinstein "...
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