Business

Facebook CEO Mark Zuckerberg leaves the EU Parliament in Brussels on Tuesday, May 22, 2018. European Union lawmakers plan to press Zuckerberg on Tuesday about data protection standards at the internet giant at a hearing focused on a scandal over the alleged misuse of the personal information of millions of people. (AP Photo/Geert Vanden Wijngaert)
May 24, 2018 - 12:24 pm
BRUSSELS (AP) — Facebook says it will not compensate users in the scandal over the misuse of their personal data by political consultancy Cambridge Analytica. The company made the statement Thursday in a list of written replies to questions by European Union lawmakers. The answers were promised...
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May 24, 2018 - 11:57 am
LANSING, Mich. (AP) — Michigan's governor has approved an emergency rule prohibiting most vessels from dropping anchor in a waterway where oil, electric and other infrastructure cables rest. Gov. Rick Snyder says Thursday that the move prevents environmental damage to the state and the Straits of...
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FILE- This April 24, 2017, photo shows the outside of a McDonald's restaurant in downtown Pittsburgh. McDonald’s isn’t ready to stop offering plastic straws, despite environmental concerns. A shareholder proposal to pressure the world’s biggest hamburger chain on the matter was voted down at the company’s annual meeting Thursday, May 24, 2018. (AP Photo/Keith Srakocic, File)
May 24, 2018 - 11:53 am
NEW YORK (AP) — McDonald's isn't ready to stop offering plastic straws, despite environmental concerns. A shareholder proposal to pressure the world's biggest hamburger chain on the matter was voted down at the company's annual meeting Thursday. The proposal by activist group SumOfUs asked for a...
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FILE- In this May 23, 2017, file photo, a Best Buy store sign is illuminated, in Orange, Calif. Best Buy Co. Inc. reports earnings on Thursday, May 24, 2018. (AP Photo/Chris Carlson, File)
May 24, 2018 - 11:47 am
NEW YORK (AP) — Best Buy posted strong sales of mobile phones, appliances, and smart computing products as it showed in its financial results that store chains can still thrive as shoppers buy more online. The nation's largest consumer electronic was also buoyed by stronger consumer confidence in...
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May 24, 2018 - 9:26 am
ATLANTIC CITY, N.J. (AP) — The NBA is defending its quest to receive part of the money that states or gambling companies take in as part of legal sports betting. On Wednesday, New Jersey's state Senate president called on all 50 states to reject so-called "integrity fees" as part of any sports...
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Seng Yee Lau , senior executive vice president of Tencent, China's biggest tech company, answers the Associated Press, in the Royal Monceau Hotel, in Paris, Thursday, May 24, 2018. Seng Yee Lau told The Associated Press that the industry needs to pay more attention to the risks posed by advancing technologies and the explosion in personal data circulating online. (AP Photo/Thibault Camus)
May 24, 2018 - 9:24 am
PARIS (AP) — China's biggest tech company says the industry needs to tackle users' privacy concerns and the risks posed by advancing technologies. Seng Yee Lau, senior executive vice president of Tencent, told The Associated Press on Thursday that tech companies should invest more in education. The...
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A TV crew works outside the Popular Party headquarters in Madrid, Spain, Thursday, May 24, 2018. Spain's National Court has issued hefty prison sentences for politicians and businesspeople involved in a kickbacks-for-contracts scheme that helped fund the ruling governing Popular Party. (AP Photo/Paul White)
May 24, 2018 - 9:18 am
MADRID (AP) — The conviction of more than two dozen Spanish businesspeople and officials in a major corruption scandal triggered political turmoil Thursday after the court ruled that the country's governing party benefited from the biggest kickbacks-for-contracts scheme in four decades of...
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May 24, 2018 - 8:36 am
LONDON (AP) — Lawmakers scrutinizing Britain's exit from the European Union say progress in trade talks with the bloc is "highly unsatisfactory," and that the country may have to stay in the tariff-free EU customs union for years after Brexit. The Exiting the European Union Committee says in a...
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May 24, 2018 - 8:30 am
NORRISTOWN, Pa. (AP) — A lawyer who was part of the team that prosecuted Bill Cosby is taking a job with a Philadelphia-based law firm. But Stewart Ryan will continue to serve as a special prosecutor with the Montgomery County District Attorney's office until the comedian's sentencing is complete...
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European Commissioner for Competition Margrethe Vestager speaks during a media conference on Gazprom at EU headquarters in Brussels on Thursday, May 24, 2018. (AP Photo/Geert Vanden Wijngaert)
May 24, 2018 - 8:25 am
BRUSSELS (AP) — The European Union on Thursday imposed obligations on Russian state-owned energy giant Gazprom to improve the flow of gas at competitive prices in eastern EU nations, but did not fine the company. EU Antitrust Commissioner Margrethe Vestager said Gazprom will have to ease its hold...
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