Business

January 16, 2018 - 10:55 am
BRUSSELS (AP) — The European Union's legislature is calling for a ban on electric pulse fishing, seen by some as a cruel way to kill fish. The trading bloc's parliament voted by a 402-to-232 margin with 40 abstentions on Tuesday. However, it is unclear whether such a ban can be enacted because...
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In this image taken on Tuesday, Jan. 16, 2018, Ulisse, an Afghan greyhound, wears a coat created by designer Giovanna Temellini at the Temellini boutique, in Milan, Italy. Milan has long been known for its pret-a-porter. Now the pooches want in with a new line of haute couture for canines: Temellini Dog a Porter. (AP Photo/Luca Bruno)
January 16, 2018 - 10:46 am
MILAN (AP) — Milan has long been the world's ready-to-wear fashion leader. Now, dogs are getting in on the Italian city's sartorial scene with a new line of haute couture for canines. Dog a Porter, by the Milan brand Temellini, offers clothing custom-fit for different breeds, ranging from the tiny...
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Turkey's President Recep Tayyip Erdogan, right, shakes hands with Qatar's Sheikh Tamim bin Hamad Al Thani, prior to their meeting at the Presidential Palace in Ankara, Turkey, Monday, Jan. 15, 2018. Al Thani's visit comes as the United Arab Emirates on Monday claimed that Qatari fighter jets intercepted two of its commercial airliners in international airspace on the way to Bahrain, allegations promptly denied by a Doha official. (Yasin Bulbul /Pool Photo via AP)
January 16, 2018 - 9:35 am
DUBAI, United Arab Emirates (AP) — Bahrain released radar tracks on Tuesday it said showed Qatari fighter jets passing by Emirati commercial airliners bound for the island nation, encounters which set off a new dispute pitting Qatar against the Gulf nations that have been boycotting it since last...
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January 16, 2018 - 9:26 am
NEW YORK (AP) — Sen. Charles Schumer wants federal transportation officials to urge foreign airlines to work better with the operators of New York's Kennedy Airport after winter weather woes cascaded into days of cancellations and delays this month. Schumer wrote a letter Monday to the federal...
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January 16, 2018 - 8:42 am
NICOSIA, Cyprus (AP) — A Cypriot company says its new sub-sea internet cable that will connect Israel with Spain will be powerful enough to handle up to 60 percent of the world's internet traffic at peak time. Quantum Cable Chairman Nasos Ktorides said after signing on Tuesday an agreement to lay...
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FILE - In this Jan. 13, 2018 file photo protesters demonstrate against the World Economic Forum (WEF) and US president Donald Trump's visit, in Bern, Switzerland prior to the Davos Economic Forum. WEF says international security, the environment and the global economy will be mind at the 48th annual meeting of business leaders, civil society advocates, academics, artistic celebrities and others in the Swiss Alpine resort from Jan. 23-26. (Christian Merz/Keystone via AP, file)
January 16, 2018 - 8:30 am
GENEVA (AP) — World Economic Forum organizers say U.S. President Donald Trump will deliver a closing address at the Davos conference next week, which will focus on "finding ways to reaffirm international cooperation on crucial shared interests." The WEF says international security, the environment...
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FILE - In this Jan. 15, 2015, file photo, a Citibank sign hangs above a branch office in New York. On Tuesday, Jan. 16, 2018, Citigroup Inc. reports financial results. (AP Photo/Mark Lennihan, File)
January 16, 2018 - 8:26 am
NEW YORK (AP) — Citigroup lost $18.3 billion in the fourth quarter as the bank had to take more than $20 billion in accounting write-downs related to the new tax law. The bank had a loss of $7.15 a share, compared with a profit of $3.57 billion, or $1.14 a share, in the same period a year ago...
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FILE - This Tuesday, Oct. 16, 2012, file photo, shows a portion of the UnitedHealth Group Inc.'s campus in Minnetonka, Minn. UnitedHealth Group Inc. reports earnings Tuesday, Jan. 16, 2018. (AP Photo/Jim Mone, File)
January 16, 2018 - 8:24 am
UnitedHealth Group's earnings more than doubled in the final quarter of 2017, and the nation's largest insurer hiked its forecast well beyond expectations largely due to help from the federal tax overhaul. UnitedHealth said Tuesday that it added $1.2 billion in 2017 non-cash earnings, as its fourth...
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January 16, 2018 - 7:24 am
BOSTON (AP) — General Electric is taking a $6.2 billion after-tax charge in the fourth quarter tied to its review and reserve testing of GE Capital's runoff insurance portfolio. GE Capital will also suspend its dividend to GE for the foreseeable future. "At a time when we are moving forward as a...
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A man watches a screen showing the prices of bitcoin at a virtual currency exchange office in Seoul, South Korea, Tuesday, Jan. 16, 2018. Prices of bitcoin and other digital currencies have skidded after South Korea's top financial policymaker said a crackdown on trading of crypto currencies was still possible. (AP Photo/Ahn Young-joon)
January 16, 2018 - 3:48 am
SEOUL, South Korea (AP) — Prices of bitcoin and other digital currencies have skidded after South Korea's top financial policymaker said Tuesday that a crackdown on trading of crypto currencies was still possible. Finance Minister Kim Dong-yeon said in an interview with local radio station TBS that...
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