Business

Latest

  • South Korea lowers outlook on weak private sector

    SEOUL, South Korea (AP) — South Korea lowered its growth forecast for next year, citing persistently weak sentiment among consumers and businesses. But the government predicted that overall economic conditions will improve from this year…

  • AP News in Brief at 7:58 p.m. EST

    NY cop killer had long rap sheet, apparent mental instability; ‘Watch what I’m going to do’ NEW YORK (AP) — The gunman who fatally ambushed two New York City police officers in their squad car…

  • How do you joke about the Sony hacking? A little carefully

    How do you joke about the Sony hacking story? After all, it was an attempt at comedy that launched this whole sobering mess. If you’re Chris Rock, you joke about it cleverly but carefully. Promoting…

  • ‘Hobbit’ goes out on top with $90.6 million 5-day debut

    NEW YORK (AP) — While Hollywood continued to wrestle with the fallout of the Sony hacking scandal, the weekend box office offered the solace of a moviegoing truism: Hobbits sell. Peter Jackson’s final installment of…

  • Oneida Indians plan new ‘Oz’-themed NY casino

    CHITTENANGO, N.Y. (AP) — The Oneida Indian Nation plans to open a $20 million casino with a “Wizard of Oz” theme in the village where author L. Frank Baum was born, the Oneidas confirmed Sunday.…

  • US coal mines nearing record low in worker deaths

    LOUISVILLE, Ky. (AP) — Less than five years after an explosion fueled by excess coal dust killed 29 men deep inside a West Virginia underground mine, the nation’s coal mines are on pace for an…

  • In latest TV spat, Fox News blocked from Dish Network

    NEW YORK (AP) — Dish Network subscribers were unable to watch Fox News Channel and the Fox Business Network on Sunday when the channels were taken down as part of contract negotiations. The Fox blackout…

  • US companies eager to embrace Cuba face hurdles

    WASHINGTON (AP) — Cargill aims to sell more corn and soybeans. MasterCard covets another site for Americans to swipe credit cards. Marriott sees beachfront property that needs hotels. And outside Orlando, Florida, Danny Howell just…

  • Survey: US gas prices fall 25 cents per gallon

    CAMARILLO, Calif. (AP) — The average price of regular gasoline nationwide has dropped another 25 cents a gallon in the past two weeks, to $2.47. Industry analyst Trilby Lundberg said Sunday that prices will likely…

  • Belarus’ president promises help for Ukraine

    MOSCOW (AP) — Belarus’ authoritarian president on Sunday promised to help Ukraine as it struggles through its pro-Russia separatist insurgency and economic hardships. Ukraine’s year of crisis has been unsettling to Belarusian President Alexander Lukashenko,…

  • California puzzles over safety of driverless cars

    LOS ANGELES (AP) — California’s Department of Motor Vehicles will miss a year-end deadline to adopt new rules for cars of the future because regulators first have to figure out how they’ll know whether “driverless”…

  • NYC subways slowly upgrading from 1930s-era technology

    NEW YORK (AP) — New York City’s subways — the nation’s biggest mass transit network — serve more than 6 million daily riders who depend largely on a signal system that dates back to the…

  • NY farmers lament lost opportunity for gas riches

    ALBANY, N.Y. (AP) — While environmental groups are doing a victory dance over New York’s decision to ban fracking, farmers such as apple grower David Johnson are grieving for dashed hopes and dreams. “I’m devastated,”…

  • National coal mining deaths

    LOUISVILLE, Ky. (AP) — National coal mining deaths dropped by more than half the year after the 2010 Upper Big Branch mine explosion in West Virginia, from 48 to 21, and there were 20 each…

  • US coal mines nearing record low in worker deaths

    LOUISVILLE, Ky. (AP) — Deaths and injuries at the nation’s coal mines have been declining since a West Virginia underground mining disaster killed 29 workers less than five years ago. Coal mines are on pace…