Business

October 16, 2019 - 7:52 am
MILAN (AP) — Italy's new government has reached agreement on a set of budget measures to avoid a sales tax increase that critics warned would hurt the economy by weighing on spending. The measures agreed by Premier Giuseppe Conte's cabinet early Wednesday include revenue-raising measures to fight...
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In this Sept. 23, 2019, photo shoppers examine refrigerators at a Home Depot store location, in Boston. On Wednesday, Oct. 16, the Commerce Department releases U.S. retail sales data for September. (AP Photo/Steven Senne)
October 16, 2019 - 7:34 am
WASHINGTON (AP) — Retail sales dropped in September by the largest amount in seven months, possibly signaling that rising trade tensions and turbulent markets are having an impact on consumer spending. The Commerce Department said Wednesday that retail sales fell 0.3% last month following a 0.6%...
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In this Monday, Oct. 14, 2019 photo a Bank of America logo is attached to the exterior of the Bank of America Financial Center building, in Boston. Bank of America Corp. reports financial results Wednesday, Oct. 16. (AP Photo/Steven Senne)
October 16, 2019 - 6:54 am
CHARLOTTE, N.C. (AP) — Bank of America is reporting a 21% drop in third quarter profits due to a $2 billion impairment charge. The nation's second largest bank reported net income of $5.78 billion, or 56 cents per share. That's better than the per-share projections of 50 cents that Wall Street was...
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Chinese investors react as they monitor stock prices at a brokerage house in Beijing, Wednesday, Oct. 16, 2019. Asian shares were higher Wednesday after a gain on Wall Street boosted by healthy earnings reports from U.S. companies. (AP Photo/Andy Wong)
October 16, 2019 - 6:51 am
TOKYO (AP) — Global markets were mixed Wednesday as investors await another batch of earnings reports from U.S. companies and Brexit talks faltered yet again. Germany's DAX rose 0.3% to 12,666, while Britain's FTSE 100 fell 0.1% to 7,202. France's CAC 40 was flat to slightly lower at 5,699. U.S...
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Protesting farmers block a main road leading to the center of The Hague, Netherlands, Wednesday, Oct. 16, 2019. Thousands of Dutch farmers protest over the Netherlands efforts to drastically reduce emissions of greenhouse gases. Among the farmers' demands are that the government does not further reduce the number of animals they can keep. (AP Photo/Peter Dejong)
October 16, 2019 - 6:12 am
THE HAGUE, Netherlands (AP) — Dutch farmers drove their tractors in slow-moving convoys across the country Wednesday to protest their treatment by the government as it seeks to rein in carbon and nitrogen emissions. It is the second major protest this month by Dutch farmers who say the government...
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The European Central Bank is seen next to the river Main in Frankfurt, Germany, late Wednesday, Oct. 2, 2019. (AP Photo/Michael Probst)
October 16, 2019 - 5:47 am
BRUSSELS (AP) — Inflation in the 19-country eurozone was revised down in September to its lowest rate in nearly three years as energy prices fell by more than initially thought, official figures showed Wednesday. In an update, statistics agency Eurostat found that consumer prices rose by an annual...
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FILE - In this Sept. 26, 2018, file photo, signs promoting 5G wireless technology from Chinese technology firm Huawei are displayed at the PT Expo in Beijing. The Federal Network Agency in Germany issued rules Tuesday Oct. 15, 2019, releasing draft security guidelines for next generation 5G wireless networks that stop short of banning Huawei. (AP Photo/Mark Schiefelbein, FILE)
October 16, 2019 - 3:45 am
BEIJING (AP) — Chinese tech giant Huawei has reported a double-digit rise in sales despite U.S. sanctions that threaten to disrupt its smartphone and network equipment businesses. Huawei Technologies Ltd. said Wednesday that its sales rose 24.4% in the first nine months of 2019 to 610.8 billion...
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October 16, 2019 - 3:44 am
AMSTERDAM (AP) — Signify, the Dutch company formerly known as Philips Lighting, says it is buying Cooper Lighting Solutions from Eaton Corp. for $1.4 billion (1.27 billion euros) in a move intended to strengthen its position in the North American market. Signify said late Tuesday that the deal is...
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October 15, 2019 - 6:32 pm
WASHINGTON (AP) — Lawmakers investigating the market dominance of Big Tech say they've received part of the information they requested from Google, Facebook, Amazon and Apple, and expect to get the rest soon. Tuesday was the deadline for the companies to provide a broad range of documents to the...
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This image released by ABC shows a scene from the series "A Million Little Things." The sophomore drama, reality show "Shark Tank" and the Fox first-responders drama "9-1-1" are the only three of 49 prime-time shows returning to the ABC, CBS, NBC and Fox fall schedules that have a bigger audience on the night they originally air than they did last season, the Nielsen company said. (David Bukach/ABC via AP)
October 15, 2019 - 5:22 pm
NEW YORK (AP) — ABC's sophomore drama "A Million Little Things," reality show "Shark Tank" and the Fox first-responders drama "9-1-1" have something in common that they can take pride in. Over the first three weeks of the television season, they are the only three of 49 prime-time shows returning...
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