Money & Markets

AP PHOTO
In this Dec. 13, 2016, file photo, Anthony Levandowski, head of Uber's self-driving program, speaks about their driverless car in San Francisco. A self-driving car company founded by Google is accusing the former top engineer of stealing pivotal technology that is propelling Uber's effort to assemble a fleet of automated vehicles for its popular ride-hailing service.

Google-bred company accuses Uber of self-driving car theft

SAN FRANCISCO — A self-driving car company founded by Google is colliding with ride-haling service Uber in a court battle revolving around allegations of betrayal, high-tech espionage and greed. The brewing showdown emerged late Thursday in a lawsuit filed in a San Francisco federal court ...

NAFTA in Trump era is focus at US-Mexico trade forum

EL PASO, Texas — Mexican and U.S. business leaders attending a large trade conference in the border town of El Paso said Thursday that their sectors will survive despite threats by President Donald Trump to dismantle or renegotiate the North American Free Trade Act — which he has labeled ...

Sean Spicer

WH expects DOJ crackdown on legal pot

WASHINGTON — The Justice Department will step up enforcement of federal law against recreational marijuana, White House spokesman Sean Spicer said Thursday, offering the Trump administration's strongest indication to date of a looming crackdown on the drug, even as a solid majority of ...

Sessions: US to continue using private run prisons

WASHINGTON — Attorney General Jeff Sessions signaled Thursday his strong support for the federal government's continued use of private prisons, reversing an Obama administration directive to phase out their use. Stock prices of major private prison companies rose at the news. Sessions ...

AP PHOTO
In this Feb. 5, file photo, Far-right leader presidential candidate Marine Le Pen gestures as she speaks during a conference in Lyon, France.

End of the euro? French candidate plots return of the franc

PARIS — If Marine Le Pen has her way, the French will soon pay for their baguettes with francs, not euros. The presidential candidate from the anti-EU, anti-immigration National Front party is all about national sovereignty and independence. She wants France to take control of its money, ...

Exploited In Paradise Bill

Bill would ban licenses for foreign fishermen

HONOLULU — Hawaii lawmakers are considering a proposal with the potential to cripple the state's commercial fishing industry after an Associated Press investigation found foreign fishermen confined to boats and living in subpar conditions. A 2016 AP investigation found that the fishermen ...

Italy Olive Oil

Sticker shock for olive oil buyers

ROME — From specialty shops in Rome to supermarkets around the world, lovers of Italian olive oil are in for some sticker shock this year, with prices due to jump by as much as 20 percent. The combination of bad weather and pests hit the harvest in Southern Europe, most of all in Italy, ...

Wal-Mart working to make inroads against Amazon

NEW YORK — The nation's largest retailer keeps working to make headway against the largest online seller. Like other traditional retailers, Wal-Mart has been trying to improve its online operations to challenge Amazon, which accounted for 33 percent of total U.S. online sales last year, ...

W. Va debt rating downgraded by Moody’s

CHARLESTON, W.Va. — The Justice administration says Moody's Investors Service has downgraded the state's general obligation debt rating, citing growing structural instability between the government's financial resources and expense liability. Revenue Secretary Dave Hardy says Moody's ...

In this Thursday, Feb. 16, 2017, photo, debris is piled on the ground awaiting pickup by cleanup crews at the Dakota Access oil pipeline protest camp in southern North Dakota near Cannon Ball. The camp is on federal land, and authorities have told occupants to leave by Wednesday, Feb. 22 in advance of spring flooding. (AP Photo/Blake Nicholson)

Deadline looms for Dakota Access pipeline protest camp

By BLAKE NICHOLSON the Associated Press CANNON BALL, N.D. — As dawn breaks over an encampment that was once home to thousands of people protesting the Dakota Access oil pipeline, a few hundred holdouts rise for another day of resistance. They aren't deterred by the threat of flooding, ...

FILE - In this file photo taken Tuesday, Dec. 16, 2014, a woman walks past the company logo of the internet car service, Uber, in San Francisco, USA. Uber’s chief executive ordered an urgent investigation Monday Feb. 20, 2017, into a sexual harassment claim made by a female engineer who alleged her prospects at the company evaporated after she complained about advances from her boss.  (AP Photo/Eric Risberg, FILE)

Uber to investigate sexual harassment claim by female engineer

CANNON BALL, N.D. — As dawn breaks over an encampment that was once home to thousands of people protesting the Dakota Access oil pipeline, a few hundred holdouts rise for another day of resistance. They aren't deterred by the threat of flooding, nor by declarations from state and federal ...

FILE- In this March 2, 2011, file photo, Heinz ketchup bottles are displayed on the shelf of a market on in Barre, Vt. U.S. food giant Kraft Heinz Co. says its offer to buy Europe’s Unilever was rejected, but that it is still pursuing the deal. The maker of Oscar Mayer meats, Jell-O pudding and Velveeta cheese said there’s no certainty that it will make another offer for Unilever, which owns brands including Hellmann’s, Lipton and Knorr.  (AP Photo/Toby Talbot, File)

Kraft Heinz withdraws $143B bid to buy Unilever

NEW YORK — Ketchup maker and packaged food giant Kraft Heinz has withdrawn a $143 billion offer to buy Unilever, backing away after the mayonnaise, tea and seasonings maker rejected the bid as too low. The companies announced the decision Sunday in a joint press release, saying that Kraft ...

Old South Dakota town soon to get development funding

DEADWOOD, S.D. — Deadwood city commissioners have granted a request from the Historic Preservation Commission to update the Old West gambling town's improvement plan. It's been 16 years since the city's Comprehensive Improvement Plan has been updated, the Black Hills Pioneer reported. It ...

AP PHOTO
In this March 2, 2011, file photo, Heinz ketchup bottles are displayed on the shelf of a market on in Barre, Vt. U.S. food giant Kraft Heinz Co. says its offer to buy Europe’s Unilever was rejected, but that it is still pursuing the deal.

Kraft still hungry for Unilever after rejected bid

NEW YORK — Kraft Heinz is attempting to buy Unilever in a $143 billion deal that would join the U.S. maker of cheeses and lunch meats with the European producer of mayo, teas and seasonings in a global powerhouse. Unilever rejected the approach and called the price too low, while Kraft ...

Kansas lawmakers vote to roll back Gov. Brownback’s deep tax cut

TOPEKA, Kan. — Kansas' Republican-led Legislature voted Friday to roll back a deep tax cut championed by Republican Gov. Sam Brownback, conceding it helped put the state in dire financial straits and setting up a possible showdown with him. Brownback has vowed not to sign the bill, which ...

Donald Tsang

Ex- Hong Kong leader guilty in unprecedented corruption trial

HONG KONG — A former leader of Hong Kong was convicted Friday of corruption over a luxury apartment in mainland China intended for his retirement, local media reported. The nine-member jury deliberating two days before finding Donald Tsang guilty of one count of misconduct in office and not ...

Iowa pork plant plans to add 1k more jobs

SIOUX CITY — Developers of a pork processing plant under construction in Sioux City have announced plans for a second shift expected to increase its number of jobs to around 2,000 — nearly double the original estimate. The Sioux City Journal reports that the expansion will raise the cost ...

AP PHOTO
In this Jan. 16, 2008 file photo, R. Alexander Acosta talks to reporters during a news conference in Miami. President Donald Trump says he's has chosen Acosta to be labor secretary.

Trump names Acosta as new choice to become labor secretary

WASHINGTON — Seeking a surer bet to fill out his Cabinet, President Donald Trump on Thursday moved quickly to name law school dean Alexander Acosta as his new choice for labor secretary — a day after Andrew Puzder abruptly withdrew from consideration. If confirmed by the Senate, Acosta ...

AP FACT CHECK: GOP refuses to back Puzder, Spicer blames Democrats

WASHINGTON — The abrupt withdrawal of the nomination of President Donald Trump's pick for labor secretary brought swift blame from press secretary Sean Spicer, who said Democrats had "a double standard" for his party's president and former President Barack Obama. But it was only the ...

Trump’s contempt for trade deals spurs anxiety

WASHINGTON — Donald Trump is moving quickly to dismantle seven decades of American policy built on trade deals and multinational alliances that help fuel the U.S. and global economies. And no one is sure what will replace them. The void risks intensifying uncertainty at home and abroad. ...