Business News

In this Feb. 20, 2018, photo, President Donald Trump speaks in the East Room of the White House in Washington. Attorneys general of Maryland and the District of Columbia on Feb. 23, expanded their lawsuit accusing Trump of accepting gifts from foreign and state governments, suing him not only as president but in his personal capacity as a businessman. (AP Photo/Evan Vucci)
February 23, 2018 - 7:29 pm
WASHINGTON (AP) — Attorneys general of Maryland and the District of Columbia on Friday expanded their lawsuit accusing President Donald Trump of accepting gifts from foreign and state governments, suing him not only as president but in his personal capacity as a businessman. Legal experts say the...
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February 23, 2018 - 6:02 pm
SAN FRANCISCO (AP) — One of the world's largest online services for backing up documents, photos and other video is opening its files in an initial public offering of stock. Dropbox is hoping to raise $500 million in an IPO that comes 11 years after it started in San Francisco. The company...
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FILE- In this March 7, 2012 file photo, Illinois gun owners and supporters file out National Rifle Association applications while participating in an Illinois Gun Owners Lobby Day convention before marching to the Illinois state Capitol in Springfield, Ill. U.S. companies are taking a closer look at investments, co-branding deals and other ties to the gun industry and its public face, the National Rifle Association, after the latest school massacre. (AP Photo/Seth Perlman, File)
February 23, 2018 - 5:34 pm
NEW YORK (AP) — Three more companies said Friday they had ended discount programs with the National Rifle Association, as U.S. corporations take a closer look at investments, co-branding deals and other ties to the gun industry after the latest school massacre. Petitions are circulating online...
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FILE- In this Feb. 5, 2018, file photo, Jerome Powell arrives to take the oath of office as Federal Reserve Board chair at the Federal Reserve in Washington. On Friday, Feb. 23, the Federal Reserve will issue its semi-annual monetary report to Congress, which its new chairman, Powell, will testify about on Capitol Hill next week. (AP Photo/Andrew Harnik, File)
February 23, 2018 - 5:31 pm
WASHINGTON (AP) — The Federal Reserve says it expects that the ongoing strength of the U.S. economy will warrant gradual increases in interest rates this year, delivering the same steady-as-it-goes message under new leader Jerome Powell as it had provided under Janet Yellen. The Fed's projection on...
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February 23, 2018 - 3:57 pm
PARIS (AP) — The watchdog that monitors global and illicit misuse of funds cited North Korea as a top source of "ongoing and substantial" money laundering and terrorist financing in a report issued Friday, and urged countries to keep North Korea at arm's length and close its banks. The Financial...
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Traders Frank O'Connell, James Riley, and Michael Smyth, left to right, work on the floor of the New York Stock Exchange, Friday, Feb. 23, 2018. Stocks are opening higher on Wall Street, led by gains in technology companies and banks. (AP Photo/Richard Drew)
February 23, 2018 - 3:56 pm
Wall Street capped several days of choppy trading Friday with a broad rally that gave the stock market a modest gain for the week. Technology companies, banks and health care stocks accounted for much of the market's gains. Energy companies also rose along with crude oil prices. The rally came as...
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Treasury Secretary Steve Mnuchin gestures as he answers questions during a press briefing at the White House in Washington, Friday, Feb. 23, 2018. The Trump administration announced new sanctions on more than 50 vessels, shipping companies and trade businesses in its latest bid to pressure North Korea over its nuclear program. (AP Photo/Pablo Martinez Monsivais)
February 23, 2018 - 2:19 pm
WASHINGTON (AP) — The Trump administration escalated pressure on North Korea Friday by slapping sanctions on scores of companies and ships accused of illicit trading with the pariah nation. Treasury Secretary Steven Mnuchin said the U.S. has now blacklisted virtually all ships being used by the...
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European Commission President Jean-Claude Juncker, center left, and European Council President Donald Tusk, center right, walk together to a media conference at the end of an EU summit at the Europa building in Brussels on Friday, Feb. 23, 2018. European Union leaders met without Britain Friday looking to plug a major budget hole after Brexit and endorse a plan to streamline the European Parliament by sharing out the country's seats. (AP Photo/Geert Vanden Wijngaert)
February 23, 2018 - 2:17 pm
NICOSIA, Cyprus (AP) — The European Union warned Turkey on Friday to rein in its navy after Turkish warships threatened and blocked a rig from reaching a site southeast of Cyprus where it was to drill for natural gas. EU leaders said they could abandon a meeting with Turkish President Recep Tayyip...
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FILE - In this Aug. 15, 2017 file photo, Martin Shkreli is interviewed by Maria Bartiromo during her "Mornings with Maria Bartiromo" program on the Fox Business Network, in New York. "Pharma Bro" Martin Shkreli is due back in court for a hearing about whether he should forfeit millions of dollars in assets including a one-of-a-kind Wu-Tang Clan album as part of his conviction in a securities fraud scheme. The hearing is scheduled for Friday, Feb. 23, 2018, in federal court in Brooklyn. (AP Photo/Richard Drew, File)
February 23, 2018 - 2:11 pm
NEW YORK (AP) — "Pharma Bro" Martin Shkreli appeared in court Friday for the first time since a judge locked him up for his online antics, and the brash former pharmaceutical CEO had a new look since his bail was revoked in September: a scruffy beard that made his appearance less boyish. He also...
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In this Tuesday, Feb. 13, 2018 photo Tony D'Angelo logs into the stores Wi-Fi to download the BJ's Express Scan app on his cell phone before beginning his shopping at the BJ's Wholesale Club in Northborough, Mass. More stores are letting customer tally their choices with a phone app or store device as they roam the aisles. For customers, scanning as they go can be faster and make it simpler to keep track of spending. (AP Photo/Stephan Savoia)
February 23, 2018 - 12:36 pm
NEW YORK (AP) — Shoppers at self-checkout lanes scanning all their groceries after they're done shopping? Old school. More stores are letting customer tally their choices with a phone app or store device as they roam the aisles. For customers, scanning as they go can be faster and make it simpler...
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