Business News

Volkswagen Group Chief Digital Officer Johann Jungwirth sits inside a Volkswagen Sedric, a self-driving concept pod, while introducing the vehicle ahead of the Auto China 2018 at the Volkswagen Future Center Asia office in Beijing, Tuesday, April 24, 2018. Auto China 2018, the global industry's biggest sales event, will start on Wednesday. (AP Photo/Andy Wong)
April 24, 2018 - 8:59 pm
BEIJING (AP) — Volkswagen and Nissan have unveiled electric cars designed for China at a Beijing auto show that highlights the growing importance of Chinese buyers for a technology seen as a key part of the global industry's future. General Motors displayed five all-electric models Wednesday...
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April 24, 2018 - 5:18 pm
WASHINGTON (AP) — President Donald Trump said Tuesday that Treasury Secretary Steven Mnuchin will soon travel to China for talks as the two global economic powers deal with trade tensions. Trump said during a White House news conference with French President Emmanuel Macron that Mnuchin will be...
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FILE - In this Dec. 15, 2016, file photo, the Yahoo logo appears on a smartphone in Frankfurt, Germany. The company formerly known as Yahoo is paying a $35 million fine to resolve federal regulators' charges that the online pioneer deceived investors by failing to disclose one of the biggest data breaches in internet history. The Securities and Exchange Commission announced the action Tuesday, April 24, 2018, against the company, which is now called Altaba after its most valuable parts were sold to Verizon Communications for $4.48 billion last year.. (AP Photo/Michael Probst, File)
April 24, 2018 - 1:37 pm
WASHINGTON (AP) — The company formerly known as Yahoo is paying a $35 million fine to resolve federal regulators' charges that the online pioneer deceived investors by failing to disclose one of the biggest data breaches in internet history. The Securities and Exchange Commission announced the...
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Employees of Amazon protest in front of German publisher Axel Springer's headquarters, where CEO Jeff Bezos is to be presented with an award for his "visionary entrepreneurship" in online business and digitalization strategy at the Washington Post, in Berlin, Tuesday, April 24, 2018. The new leader of one of Germany's governing parties says she plans to join a protest against working conditions at Amazon during a visit by company CEO Jeff Bezos to Berlin. Andrea Nahles, the chairwoman of the center-left Social Democrats, argued that Amazon's tax practices and working conditions aren't worthy of a prize. (AP Photo/Markus Schreiber)
April 24, 2018 - 1:35 pm
BERLIN (AP) — The new leader of one of Germany's governing parties said she supports a protest against working conditions at Amazon during CEO Jeff Bezos' visit to Berlin on Tuesday. Andrea Nahles, the chairwoman of the center-left Social Democrats, said she would take part in the demonstration...
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April 24, 2018 - 1:17 pm
NEW YORK (AP) -- Major U.S. stock indexes have surrendered an early gain and are down sharply as investors sell technology, industrial and retail stocks. Bond yields continue to rise and the 10-year Treasury note reached 3 percent for the first time in more than four years. Alphabet, Google's...
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April 24, 2018 - 12:16 pm
RALEIGH, N.C. (AP) — Jurors in North Carolina are getting a round-up of testimony in a lawsuit filed by more than 500 neighbors of an industrial-scale swine operation. The plaintiffs contend that open-air cesspools inflict them with intense, putrid smells that can't be removed from clothing or...
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April 24, 2018 - 12:15 pm
WASHINGTON (AP) — Federal health officials on Tuesday announced a nationwide crackdown on underage use of a popular e-cigarette brand following months of complaints from parents, politicians and school administrators. The Food and Drug Administration issued warnings to 40 retail and online stores...
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April 24, 2018 - 11:39 am
WASHINGTON (AP) — Democratic Sen. Mark Warner of Virginia is warning bankers that legislation rolling back financial rules put in place after the 2008 economic crisis could stall. Warner says legislation revamping the law known as Dodd-Frank "will not pass if it comes back to the Senate" for...
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FILE - In this Nov. 27, 2017, file photo, Mick Mulvaney speaks during a news conference after his first day as acting director of the Consumer Financial Protection Bureau in Washington. The Dodd-Frank Act created a “Bureau of Consumer Financial Protection” in 2010. But, except for the occasional court filing, the bureau was consistently referred to as the Consumer Financial Protection Bureau, or CFPB. Mulvaney took over the CFPB as acting director in late November. Since then, the bureau has increasingly referred to itself as the Bureau of Consumer Financial Protection, or by the acronym “BCFP.” (AP Photo/Jacquelyn Martin, File)
April 24, 2018 - 10:49 am
NEW YORK (AP) — The Consumer Financial Protection Bureau is dead. Long live the Bureau of Consumer Financial Protection. That's the message the Trump administration is pushing, at least, in what on the surface seems like a minor tweak to the name of the federal consumer watchdog agency created...
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April 24, 2018 - 9:50 am
WASHINGTON (AP) — Former Cambridge Analytica employee Christopher Wylie has arrived on Capitol Hill, where he is talking to House Democrats about his time with the data mining firm affiliated with President Donald Trump's campaign. Wylie's visit is part of a Democratic attempt to keep congressional...
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