Category Archives: business

Congress heading on vacation, putting off messy decisions

By ERICA WERNER, Associated Press WASHINGTON (AP) — As lawmakers head out of the Capitol for a five-week summer recess, they leave behind a pile of unfinished business that all but guarantees a painful fall. Not long after they return in September, lawmakers face a vote on President Barack Obama’s nuclear deal with Iran, a brutally divisive issue that many lawmakers expect will dominate voter town halls during their annual August break. With more videos showing fetal tissue collection practices, Republicans are increasingly focused on cutting off funding for Planned Parenthood, raising the prospect that Congress will spend September tied in knots over how to avoid shutting down the government over that issue. Continue reading

China rebound, other Asian markets mostly up after US data

By YOUKYUNG LEE, AP Business Writer SEOUL, South Korea (AP) — China’s stock market rebounded while other Asian stocks also mostly gained Friday after data showed the U.S. economy posted solid growth during the second quarter. KEEPING SCORE: The Shanghai Composite Index gained 0.2 percent to 3,713.54, bouncing back for the first time in two days. Continue reading

Higher wages a surprising success for Seattle restaurant

In this photo taken Monday, July 27, 2015, Bob Donegan, president of Ivar’s Seafood Restaurants, stands below a Native American artwork in one of the company’s restaurants in Seattle. Continue reading

AP investigation prompts new round of slave rescues

By MARGIE MASON and MARTHA MENDOZA, Associated Press Authorities in Papua New Guinea have rescued eight fishermen held on board a Thai-owned refrigerated cargo ship, and dozens of other boats are still being sought in response to an Associated Press report that included satellite photos and locations of slave vessels at sea. Two Burmese and six Cambodian men have been removed from the Blissful Reefer, a massive quarter-acre transport ship now impounded in Daru, Papua New Guinea, about 120 miles (200 kilometers) north of Australia Continue reading

Donald Trump offered access to the Republican National Committee’s voter file

Presidential contender Donald Trump, right, watches Charley Hull during the Women’s British Open golf championship in Scotland on Thursday, July 30. (Photo: Scott Heppell/AP) The Republican National Committee has offered to share its voter file with Donald Trump’s presidential campaign and is waiting to hear back from the businessman’s still assembling operation. Trump announced his candidacy on June 16. Continue reading

Uber to invest $1 billion in India: FT

(NEWS.GNOM.ES) – Online ride hailing service Uber Technologies Inc UBER.UL is set to invest $1 billion in India, which will bring its investment on par with that in China, the Financial Times reported. Continue reading

Hedge fund Elliott eyes fresh market turbulence

By Svea Herbst-Bayliss and Lawrence Delevingne BOSTON/NEW YORK (NEWS.GNOM.ES) – Paul Singer’s $27 billion hedge fund Elliott Associates is worried about Europe’s prospects and is bracing for fresh market turbulence. Continue reading

China stock regulator restricts 24 trading accounts for suspected irregularities

SHANGHAI (NEWS.GNOM.ES) – China’s securities regulator said on Friday that it had restricted 24 stock trading accounts for suspected trading irregularities. Continue reading

Asia shares edge up, wary of China volatility

By Lisa Twaronite By Lisa Twaronite TOKYO (NEWS.GNOM.ES) – Asian shares inched higher on Friday but were on track for a weekly loss, while the dollar edged away from highs scaled after U.S. GDP data reinforced expectations that the Federal Reserve is on track to raise interest rates this year Continue reading

Dwayne Johnson says of Hulk Hogan: ‘We’ve all talked trash’

FILE – In this May 26, 2015 file photo, Dwayne Johnson arrives at the premiere of “San Andreas” at the TCL Chinese Theatre in Los Angeles. While speaking to TV critics Thursday, July 30, 2015, about his HBO series “Ballers,” Johnson was asked to comment on the tape of Hulk Hogan making racist comments. Johnson, also a former pro wrestler, said he was “disappointed” when he heard about Hogan’s remarks, but also said the comments didn’t match his personal history with him Continue reading