Business

Latest

  • Planes searched at NYC airport after unfounded threats

    NEW YORK (AP) — Authorities say two planes have been searched at New York’s Kennedy Airport after threats were made against the flights. The FBI says U.S. military jets scrambled Monday morning to escort an…

  • Company lowers worst-case scenario for California oil spill

    GOLETA, Calif. (AP) — Plains All American Pipeline is downgrading the amount of oil it says spilled off a California coastline in a worst-case scenario. The company now says the estimate of the worst-case volume…

  • California looks to Australia for tips on surviving drought

    SYDNEY (AP) — California has turned to the world’s driest inhabited continent for solutions to its longest and sharpest drought on record. Australia, the land poet Dorothea Mackellar dubbed “a sunburnt country,” suffered a torturous…

  • ‘Tomorrowland’ takes top spot at box office on slow weekend

    LOS ANGELES (AP) — Disney’s fantasy adventure “Tomorrowland” topped the slow Memorial Day weekend box office with an estimated $41.7 million debut from its first four days in theaters. The Brad Bird-directed family film starring…

  • In Rhode Island, residents gush about paid family leave

    PROVIDENCE, R.I. (AP) — As President Barack Obama pushes for a federal law to get paid leave to care for a new baby or an ailing relative, residents of one of the three states that…

  • Global stocks mostly higher in quiet trading day

    BEIJING (AP) — Stocks overseas have been mostly higher today on a quiet trading day. Wall Street is closed for the Memorial Day holiday. And markets in London and Hong Kong are also shut down…

  • Dollar unchanged

    The U.S. dollar is unchanged against other North American currencies in New York trading. It’s worth 1.23 Canadian dollars, unchanged from late Friday. And the dollar is trading at 15.29 Mexican pesos, unchanged from late…

  • China cuts import tax on clothes, other goods

    BEIJING (AP) — China announced Monday it will cut import taxes on clothing, cosmetics and some other goods by half in a new tactic to spur consumer spending and economic growth. Beijing is in the…

  • Anti-eviction campaigner promises change in Barcelona

    BARCELONA, Spain (AP) — Leading Spanish social activist Ada Colau said Monday the fight against evictions, poverty and corruption will be her priority as new mayor of the country’s second city, Barcelona. Colau, 41, told…

  • Once vilified, BP now getting credit for gulf tourism boom

    ORANGE BEACH, Ala. (AP) — With the Memorial Day holiday here, fallout from the oil spill that left Gulf Coast beaches smeared with gooey tar balls and scared away visitors in 2010 is being credited,…

  • Global stocks mostly higher in quiet trading day

    BEIJING (AP) — Global stocks mostly rose Monday on a quiet trading day with Wall Street, London and Hong Kong closed for holidays. KEEPING SCORE: In in Europe, France’s CAC-40 was among the few indexes…

  • Phelps’ coach returns to college ranks at Arizona State

    Bob Bowman will always be known as Michael Phelps’ coach. Phelps won’t be around forever, though, so Bowman started thinking about his future. It led him back to the college ranks and a new job…

  • Life works out for Del. fitness instructor

    LEWES, Del. (AP) — Cassandra Parker isn’t a 55-year-old fitness instructor. She’s a fitness instructor who happens to be 55. It’s a small distinction but an important one for the Lewes woman. Few who meet…

  • Correction: Nigeria-Fuel Crisis story

    LAGOS, Nigeria (AP) — In a story May 25 about Nigeria’s fuel crisis, The Associated Press erroneously reported that the country produces more than 2 billion barrels of oil a day. The correct figure is…

  • Greece rules out capital controls if bailout talks fail

    ATHENS, Greece (AP) — Greece’s government on Monday ruled out restricting access to bank accounts and the free movement of money if there is no breakthrough soon in tortuous talks with bailout creditors and its…