Business

A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Wednesday, March 22, 2017. Shares fell in Asia early Wednesday after U.S. stocks took their biggest loss in five months. The sell-off overnight on Wall Street was spurred by obstacles to a health care bill backed by President Donald Trump that also raised questions over prospects for his agenda of boosting growth by cutting taxes and regulations. (AP Photo/Lee Jin-man)
March 22, 2017 - 5:36 am
SEOUL, South Korea (AP) — Global stock markets fell Wednesday, with Tokyo tumbling more than 2 percent, as jitters over U.S. President Donald Trump's ability to deliver on his reform agenda darkened sentiment. German's DAX lost 0.7 percent and the CAC 40 in France fell 0.8 percent, while futures...
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March 22, 2017 - 5:30 am
THE HAGUE, Netherlands (AP) — Industrial paints and chemicals company AkzoNobel has rejected a second unsolicited takeover bid from U.S. company PPG Industries worth 22.4 billion euros ($24.1 billion). AkzoNobel CEO Ton Buechner said in a statement Wednesday that the bid "significantly fails to...
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Supreme Court Justice nominee Neil Gorsuch speaks on Capitol Hill in Washington, Tuesday, March 21, 2017, during his confirmation hearing before the Senate Judiciary Committee. (AP Photo/Pablo Martinez Monsivais)
March 22, 2017 - 3:43 am
WASHINGTON (AP) — Lawmakers questioning Supreme Court nominee Neil Gorsuch at his Senate confirmation are asking about something called "Chevron deference." For the record, it is not about letting someone ahead of you in line at the gas station. But it is a legal concept Gorsuch has addressed as a...
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March 21, 2017 - 9:43 pm
TOKYO (AP) — Japan reports it logged its biggest monthly trade surplus since 2010 in February, as exports to China surged by 28 percent. Preliminary customs data released Wednesday show overall exports rose 11 percent and imports edged up 1 percent. Partly thanks to seasonal factors, the trade...
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In this March 20, 2017 photo released by Mahaska County Sheriff's Office, burned damage on the pipeline at an above-ground safety valve site southeast of Des Moines near Oskaloosa, Iowa is seen. Authorities in South Dakota and Iowa on Tuesday confirmed incidents of vandalism against the Dakota Access oil pipeline in which someone burned a hole through an empty section of pipe. (Mahaska County Sheriff's Office via AP)
March 21, 2017 - 5:56 pm
BISMARCK, N.D. (AP) — The developer of the Dakota Access pipeline has reported "recent coordinated physical attacks" on the much-protested line, just as it's almost ready to carry oil. Texas-based Energy Transfer Partners didn't give details, but experts say Dakota Access and the rest of the nearly...
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FILE--In this Feb. 16, 2017, file photo, Everett Mayor Ray Stephanson sits in his corner office overlooking downtown Everett, Wash. Stephanson is suing pharmaceutical giant Purdue Pharma, becoming the first city to try to hold the maker of OxyContin accountable for damages to his community. Connecticut-based Purdue Pharma argued in court documents filed Monday, March 20, 2017, there is no legal basis for such a lawsuit. (AP Photo/Elaine Thompson, file)
March 21, 2017 - 3:59 pm
SEATTLE (AP) — The maker of the pain medication OxyContin has asked a federal judge in Seattle to throw out a Washington city's lawsuit that seeks to hold the drugmaker responsible for allowing its pills to flood the black market and into Everett. Purdue Pharma argued in court documents filed...
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FILE - In this March 16, 2017 file photo, Budget Director Mick Mulvaney speaks at the White House in Washington. The White House is instructing Cabinet heads and agency officials not to elaborate on President Donald Trump’s proposed budget cuts beyond what was in the relatively brief submission, a move Democrats decried as a gag order. (AP Photo/Andrew Harnik, File)
March 21, 2017 - 3:53 pm
WASHINGTON (AP) — The White House is instructing Cabinet heads and agency officials not to elaborate on President Donald Trump's proposed budget cuts beyond what was in a relatively brief submission, a move Democrats decried as a gag order. Budget director Mick Mulvaney wrote in a memo late last...
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March 21, 2017 - 3:51 pm
NEW YORK (AP) — The former chairman of Dean Foods told jurors at a criminal trial Tuesday that he fed secrets about the company to a professional gambler for over seven years, sometimes speaking in coded language over a prepaid cellular phone called the "bat phone." Thomas Davis, 68, was the...
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March 21, 2017 - 11:59 am
NEW YORK (AP) — A painting that Sotheby's hails as one of the most important pieces by Diego Rivera to go to auction in recent years will headline its Latin American art sale in May, the auction house said. "Portrait of Senorita Matilde Palou" (1951) depicts Matilde Palou, a Chilean actress and...
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FILE - This May 8, 2014 file photo shows Emirates passenger planes at Dubai airport in United Arab Emirates. The U.S. government is temporarily barring passengers on certain flights originating in eight other countries from bringing most types of electronics in their carry-on luggage. A U.S. official tells The Associated Press that the ban beginning Tuesday, March 21, 2017, affects airports in 10 cities of Cairo in Egypt; Amman in Jordan; Kuwait City in Kuwait; Casablanca in Morocco; Doha in Qatar; Riyadh and Jeddah in Saudi Arabia; Istanbul in Turkey; and Abu Dhabi and Dubai in the United Arab Emirates. in the Middle East, North Africa and Turkey. (AP Photo/Kamran Jebreili, File)
March 21, 2017 - 11:57 am
CAIRO (AP) — The Latest developments related to the U.S. government move to bar passengers in eight Muslim-majority countries from bringing laptops and other electronics onboard direct flights to the United States (all times local): 5:50 p.m. Turkey's transportation minister says his country is in...
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