Business

May 11, 2017 - 3:12 pm
SAN FRANCISCO (AP) — A federal judge in San Francisco has approved a $1.2 billion settlement with owners of about 88,500 Volkswagens with 3-liter diesel engines rigged to cheat on emissions tests. Judge Charles Breyer gave the deal final approval during a hearing Thursday. The deal ends most of the...
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May 11, 2017 - 2:14 pm
SAN FRANCISCO (AP) — An upcoming feature in Microsoft's Windows 10 system will automatically identify the best photos and videos to help people create highlights of their experiences. The tool, called Story Remix, will be part of a "Fall Creators Update" to roll out later this year to 500 million...
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FILE - In this March 14, 2017, file photo, U.S. Trade Representative-designate Robert Lighthizer testifies on Capitol Hill in Washington. Lighthizer has easily cleared a hurdle in the Senate. The Senate has voted 81-15 to advance the nomination of Lighthizer. A final confirmation vote could occur later Thursday, May 11, 2017. (AP Photo/Manuel Balce Ceneta, File)
May 11, 2017 - 1:03 pm
WASHINGTON (AP) — President Donald Trump's nominee to be U.S. trade representative easily cleared a Senate hurdle Thursday despite clear frustration among some Republicans with the administration on trade. The Senate voted 81-15 to advance Robert Lighthizer's nomination. A final confirmation vote...
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In this Tuesday, May 2, 2017, photo, shoppers holding bags from Macy's wait to cross an intersection in New York. Macy's Inc. reports earnings, Thursday, May 11, 2017. (AP Photo/Bebeto Matthews)
May 11, 2017 - 12:44 pm
NEW YORK (AP) — Lower sales dragged Macy's profit down for the first quarter, highlighting the challenge for retailers as customers shift to more online shopping and store locations lose traffic. Macy's results fell short of Wall Street expectations, and the nation's largest department store chain...
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May 11, 2017 - 12:34 pm
SEATTLE (AP) — An upcoming feature in Microsoft's Windows 10 system will automatically identify the best photos and videos to help people create highlights of their experiences. The tool, called Story Remix, will be part of a "Fall Creators Update" to roll out later this year to 500 million...
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The container ship COSCO Development is guided under the Talmadge Bridge, Thursday morning, May 11, 2017, in Savannah, Ga, as the vessel sails up the Savannah River to the Port of Savannah. The ship is the largest vessel ever to call on the U.S. East Coast. (Steve Bisson/Savannah Morning News via AP)
May 11, 2017 - 12:14 pm
SAVANNAH, Ga. (AP) — The largest cargo ship ever to visit ports on the U.S. East Coast is so long the Statue of Liberty and Washington Monument could fit end-to-end along its deck and still leave room for Big Ben. The COSCO Development arrived Thursday at the Port of Savannah after cruising past...
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May 11, 2017 - 11:43 am
WASHINGTON (AP) — Agriculture Secretary Sonny Perdue is creating a top post at the department to handle trade and foreign agricultural matters. The new undersecretary position is a sign of Perdue's efforts to promote the U.S. agricultural industry at a time when President Donald Trump has tried to...
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May 11, 2017 - 10:14 am
WASHINGTON (AP) — Long-term U.S. mortgage rates inched higher this week. The benchmark 30-year rate remained above the key threshold of 4 percent. Mortgage buyer Freddie Mac says the average rate on 30-year fixed-rate home loans rose to 4.05 percent from 4.02 percent from last week. The rate stood...
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Fresh off the House vote on repealing Obamacare care, U.S. Rep. Tom MacArthur, right, holds a town meeting in Willingboro, N.J., Wednesday, May 10, 2017. MacArthur, who played a key role in helping the GOP-led U.S. House pass an Affordable Care Act replacement bill faced angry voters at a town hall Wednesday, with charged questions about health care and President Donald Trump. (Tom Gralish/The Philadelphia Inquirer via AP)
May 11, 2017 - 10:11 am
WILLINGBORO, N.J. (AP) — A Republican who headed the effort to revive the health care overhaul passed by the GOP-led U.S. House faced jeers and insults Wednesday as anger boiled over among voters at a town hall in a heavily Democratic part of his district. Rep. Tom MacArthur faced hundreds of angry...
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In this Tuesday, May 2, 2017, photo, shoppers holding bags from Macy's wait to cross an intersection in New York. Macy's Inc. reports earnings, Thursday, May 11, 2017. (AP Photo/Bebeto Matthews)
May 11, 2017 - 9:06 am
NEW YORK (AP) — Lower sales dragged down Macy's profit during the first quarter as customers have changed their behavior to buy more online and retail locations see fewer shoppers. The results fell short of Wall Street expectations as the retail giant reaffirmed that it expects sales to continue...
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