Business

January 17, 2018 - 11:00 am
WASHINGTON (AP) — The Senate Banking Committee has voted for a second time to approve President Donald Trump's nomination of Jerome Powell to be the next chairman of the Federal Reserve. The approval Wednesday was by voice vote with Sen. Elizabeth Warren, D-Massachusetts, asking to be recorded as...
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German Finance Minister Peter Altmaier, right, and his Portuguese counterpart and President of the euro group Mario Centeno, left, arrive for a news conference after a meeting at the Finance Ministry in Berlin, Wednesday, Jan. 17, 2018. (AP Photo/Markus Schreiber)
January 17, 2018 - 10:57 am
BERLIN (AP) — The eurozone finance ministers' new leader says Europe needs to use a "unique window of opportunity" in the coming months to strengthen the continent's common currency. Portuguese Finance Minister Mario Centeno traveled to Germany, Europe's biggest economy, on Wednesday on his first...
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An activist of the "ZAD" movement (Zone to Defend) sprays champagne while celebrating with others after French PM announced the government's official decision to abandon the airport project, in Notre-Dame-des-Landes, outside the city of Nantes, western France, Wednesday, Jan. 17, 2018. French Prime Minister Edouard Philippe says that the government has decided against building an airport in western France that has mobilized nearly a decade of sometimes violent protests and he told protesters occupying the site that they must leave. (AP Photo/Mathieu Pattier)
January 17, 2018 - 9:53 am
PARIS (AP) — France will abandon divisive plans to build a new airport in the west, the prime minister announced Wednesday, ordering activists protesting the project for nearly a decade to leave their makeshift settlement. Security forces began deploying extra forces to the area near Nantes ahead...
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A demonstrator holding a banner reading in Catalan, "Freedom", gathers with others outside the Catalonia parliament during a parliamentary session in Barcelona, Spain Jan. 17, 2018. A new Catalan parliament is meeting following a botched secession attempt last year and amid looming questions about the role that fugitive and jailed politicians will play in the chamber's separatist majority. (AP Photo/Emilio Morenatti)
January 17, 2018 - 7:43 am
BARCELONA, Spain (AP) — The Latest on the Spain-Catalonia political crisis (all times local): 1:40 p.m. Catalonia's new parliament has elected a pro-secession speaker, thus virtually guaranteeing the chamber's push for independence for Spain's northeastern region will continue. In its opening...
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January 17, 2018 - 7:36 am
COPENHAGEN, Denmark (AP) — Swedish low-cost fashion brand H&M says it has appointed a diversity leader after having been accused of racism over an ad showing a black child dressed in a hoodie reading "coolest monkey in the jungle." H&M said late Tuesday on its Facebook page that the group's...
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Members of the media look over the 2019 Volkswagen Jetta at the North American International Auto Show, Sunday, Jan. 14, 2018, in Detroit. (AP Photo/Jose Juarez)
January 17, 2018 - 7:27 am
MILAN (AP) — Car sales in Europe topped the 15-million mark for the first time in a decade in 2017, the fourth straight year of higher registrations, the association of European carmakers said Wednesday. Registrations of new cars were up 3.4 percent from 14.6 million in 2016, said the association,...
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FILE - This Monday, July 18, 2016, file photo shows the top of a Bank of America ATM booth, in Woburn, Mass. Bank of America Corp. reports earnings, Wednesday, Jan. 17, 2018. (AP Photo/Elise Amendola, File)
January 17, 2018 - 7:19 am
NEW YORK (AP) — Bank of America says its fourth-quarter profits fell by nearly half from a year ago, as the bank had to book $2.9 billion in charges related to the new tax law. The consumer banking giant said it earned $2.37 billion, or 20 cents a share, down from $4.54 billion, or 39 cents a share...
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FILE - In this Nov. 14, 2015 file photo, women display paper currency after receiving cash support from UNICEF, in Sanaa, Yemen. Saudi Arabia's King Salman has ordered the transfer of $2 billion to Yemen, a day after the war-torn country's Saudi-backed prime minister called on the kingdom and its allies to save the local currency from "complete collapse." Saudi Arabia said in a statement on Wednesday, Jan. 17, 2018, that funds would be deposited in Yemen's Central Bank to help address the "deteriorating economic situation faced by the Yemeni people." (AP Photo/Hani Mohammed, File)
January 17, 2018 - 6:13 am
RIYADH, Saudi Arabia (AP) — Saudi Arabia's King Salman ordered the transfer of $2 billion to Yemen on Wednesday, a day after Yemen's Saudi-backed prime minister made an urgent appeal on the kingdom and its allies to save the local currency from "complete collapse." Prime Minister Ahmed Obeid bin...
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January 17, 2018 - 4:52 am
PARIS (AP) — French authorities are searching five sites run by dairy giant Lactalis in an investigation into the botched mass recall of baby milk products after a salmonella scare. The Paris prosecutor's office said sites being searched Wednesday include Lactalis headquarters in Laval in western...
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A man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Wednesday, Jan. 17, 2018. Shares were lower in early Asian trading Wednesday after a lackluster session on Wall Street, where the Dow industrial average ended almost flat after backtracking from a broad rally earlier in the day. (AP Photo/Eugene Hoshiko)
January 17, 2018 - 4:38 am
TOKYO (AP) — Shares were lower Wednesday in Asia after a flip-flop session on Wall Street, where the Dow industrial average ended almost flat after backtracking from a broad rally earlier in the day. KEEPING SCORE: Britain's FTSE 100 slipped 0.3 percent to 7,733.92 and the CAC 40 of France also...
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