Business News

The sky over the London Eye is bathed in a dull orange sky in London, Monday, Oct. 16, 2017. The unusual hue of the sky was thought to be due to the remnants of the Hurricane Orphelia dragging in tropical air and dust from the Sahara. (AP Photo/Frank Augstein)
October 16, 2017 - 6:44 pm
LONDON (AP) — The latest on how the weakened remnants of Hurricane Ophelia are affecting Ireland and the U.K. (all times local): 12:40 a.m. Several flights to British airports have been diverted because of unusual odors on board thought to be associated with the remnants of Hurricane Ophelia...
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FILE - In this Friday, Jan. 17, 2014, file photo, a person displays Netflix on a tablet in North Andover, Mass. Netflix is taking on increasing amounts of debt in order to fund its $6 billion annual commitment to original programming. Investors so far aren't fazed by the spending given continued growth in subscribers, but some analysts warn that the company could be on the verge of overextending itself. (AP Photo/Elise Amendola, File)
October 16, 2017 - 6:06 pm
SAN FRANCISCO (AP) — Netflix is sinking deeper into debt in its relentless pursuit of more viewers, leaving the company little margin for error as it tries to build the world's biggest video subscription service. The big burden that Netflix is shouldering hasn't been a major concern on Wall Street...
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FILE - In this, Monday, Dec. 12, 2016, file photo illustration, a person types on a laptop, in Miami. Security researchers have discovered a Wi-Fi network vulnerability that could allow attackers to steal sensitive information or inject malicious code while someone is logged into a computer or mobile device. A report published Monday, Oct. 16, 2017, said the breach could only happen if an attacker is within range of the potential victim, but the weakness could affect anyone using a Wi-Fi network. An industry group says it can be resolved through software updates. (AP Photo/Wilfredo Lee)
October 16, 2017 - 5:57 pm
Security researchers have discovered a Wi-Fi network vulnerability that could allow attackers to steal sensitive information or spread malicious software while someone is logged into a computer or mobile device. A report published Monday said the breach could only happen if an attacker is within...
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FILE - In this Jan. 6, 2016, file photo, producer Harvey Weinstein participates in a panel at the A&E 2016 Winter TCA in Pasadena, Calif. The Weinstein Co., mired in a sex scandal, may be putting itself up for sale. The company said Monday, Oct. 16, 2017, that it is getting an immediate cash infusion from Colony Capital and is in negotiations for the potential sale of all or a significant portion of the movie studio responsible for films like "Shakespeare in Love," and "Gangs of New York." (Photo by Richard Shotwell/Invision/AP, File)
October 16, 2017 - 5:21 pm
NEW YORK (AP) — The Weinstein Co., besieged by sexual harassment allegations against its namesake and co-founder, may be putting itself up for sale. The company said Monday that it will receive an immediate cash infusion from Colony Capital and is in negotiations for the potential sale of all or a...
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This image released by Universal Pictures shows Jessica Rothe in a scene from "Happy Death Day." (Universal Pictures via AP)
October 16, 2017 - 5:21 pm
LOS ANGELES (AP) — Driven by younger audiences, the small-budget horror thriller "Happy Death Day" opened this weekend in the top spot at the box office with $26 million, while "Blade Runner 2049" slid into second place in its second weekend in theaters with $15.5 million. Jackie Chan's "The...
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Jefferson Parish, La., authorities and others from other parishes respond to an oil rig explosion in Lake Pontchartrain off Kenner, La., Sunday, Oct. 15, 2017. (Matthew Hinton/The Advocate via AP)
October 16, 2017 - 5:21 pm
KENNER, La. (AP) — Authorities searched by air and water Monday for a Texas man who disappeared when an oil and gas platform exploded on a lake near New Orleans. Seven people were injured in the Sunday night blast and fire, including three who were in critical condition, authorities said. The...
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FILE- In this Sunday, Oct. 15, 2017, file photo, U.S. Federal Reserve Chair Janet Yellen speaks during the G30 International Banking Seminar, at Inter-American Development Bank headquarters in Washington. Yellen will meet with President Donald Trump on Thursday to discuss the possibility of a second term as head of the central bank, a source familiar with the administration’s Fed search said Monday, Oct. 16. ( AP Photo/Jose Luis Magana, File)
October 16, 2017 - 4:41 pm
WASHINGTON (AP) — Federal Reserve Chair Janet Yellen will meet with President Donald Trump on Thursday to discuss the possibility of a second term as head of the central bank, a source familiar with the administration's Fed search said Monday. Trump has said Yellen is one of several candidates he...
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FILE - In this March 14, 2012, file photo, a player runs across the NCAA logo during practice in Pittsburgh before an NCAA tournament college basketball game. The spate of arrests, the details of under-the-table bribes to teenagers and the expected downfall of one of the sport’s best-known coaches has triggered uncomfortable soul searching among universities that run the nation’s most prominent college basketball programs. At stake is the future of a business that, over the span of 22 years ending in 2032, will produce $19.6 billion in TV money for the NCAA Tournament, known to the public, simply, as March Madness. (AP Photo/Keith Srakocic, File)
October 16, 2017 - 4:09 pm
The Associated Press asked 84 top universities with major basketball programs as well as six top conferences about their response to a federal corruption scandal that has overshadowed college hoops as the season gets ready to begin. Of 64 schools that responded, 28 said the probe prompted their own...
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Trader Gregory Rowe works on the floor of the New York Stock Exchange, Monday, Oct. 16, 2017. U.S. stocks edged higher in early trading Monday, adding to the market's five straight weeks of gains. (AP Photo/Richard Drew)
October 16, 2017 - 3:57 pm
U.S. stocks posted modest gains Monday, extending a record-setting run into a sixth straight week. Financial and technology companies notched some of the biggest gains. Energy stocks also rose as crude oil prices closed higher. Health care companies declined the most. Bond prices fell. The three...
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FILE - In this file photo dated Wednesday, Oct. 11, 2017, British Prime Minister Theresa May leaves 10 Downing Street in London. Theresa May will have a dinner meeting in Brussels with senior European Union officials, European Commission President Jean-Claude Juncker and chief negotiator Michel Barnier on Monday Oct. 16, 2017, in hopes of reinvigorating stalled negotiations on Britain's Brexit departure from the European Union.(AP Photo/Matt Dunham, FILE)
October 16, 2017 - 12:44 pm
LONDON (AP) — U.K. Prime Minister Theresa May spoke directly with leaders of some of the European Union's biggest member states ahead of a meeting in Brussels aimed at unblocking negotiations on Britain's departure from the bloc. May's diplomatic whirlwind included a telephone call with German...
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