Money & Markets

FILE – In this Aug. 3, 2014, file photo, the water intake crib for the city of Toledo, Ohio, is surrounded by an algae bloom on Lake Erie, about 2.5 miles off the shore of Curtice, Ohio. Researchers are working on creating an early warning system that can spot when algae begins showing up on hundreds of lakes across the U.S., using real-time data from satellites that already monitor harmful algae hotspots on Lake Erie in Ohio and on the Chesapeake Bay along the East Coast. (AP Photo/Haraz N. Ghanbari, File)

Researchers creating warning system for toxic algae discovered in lakes

TOLEDO, Ohio — Satellites in space and a robot under Lake Erie's surface are part of a network of scientific tools trying to keep algae toxins out of drinking water supplies in the shallowest of the Great Lakes. It's one of the most wide-ranging freshwater monitoring systems in the U.S., ...

US economy expanded at stronger 2.6 percent rate in Q2

WASHINGTON — The U.S. economy revved up this spring after a weak start to the year, fueled by a surge in consumer spending. But the growth spurt still fell short of the optimistic goals President Donald Trump hopes to achieve through tax cuts and regulatory relief. The Commerce Department ...

AP PHOTO
Foxconn Chairman Terry Gou, left, and Gov. Scott Walker hold the Wisconsin flag to celebrate their $10 billion investment to build a display panel plant in Wisconsin, at the Milwaukee Art Museum in Milwaukee, Wis., Thursday.

Wisconsin governor calls special session on Foxconn deal

MADISON, Wis. — A wide array of Wisconsin environmental regulations would be waived in an effort to speed up construction of a $10 billion Foxconn electronics factory under a proposal Gov. Scott Walker unveiled Friday. Walker called on the Republican-controlled Legislature to consider the ...

Teslas Mainstream Moment

Model 3 holds promise – and peril – for Tesla

FREMONT, Calif. — For Tesla, everything is riding on the Model 3. The electric car company's newest vehicle is set to go to its first 30 customers Friday evening. Its $35,000 starting price — half the cost of Tesla's previous models — and 215-mile range could bring hundreds of thousands ...

Forbes: Amazon CEO Bezos was briefly the world’s richest man

NEW YORK — Amazon CEO Jeff Bezos briefly became the world's richest man Thursday in Forbes magazine's tracking of wealth, as stock in his e-commerce company hit an all-time high. Microsoft founder Bill Gates reclaimed the lead by afternoon, as Amazon's stock fell nearly 1 percent for the ...

VW and regulators agree on fix for cars in cheating scandal

WASHINGTON — Volkswagen and U.S. environmental regulators announced agreement Thursday on a plan for the German automaker to fix most of the diesel cars involved in an emissions cheating scandal. The company said the Environmental Protection Agency and the California Air Resources Board ...

Starbucks to shutter all Teavana stores

NEW YORK — Starbucks is shutting down its struggling Teavana chain, and relying on customers who spend more on pricier drinks and food to drive up sales at its namesake coffee stores. The company reported disappointing sales growth on Thursday, and said it will close all 379 Teavana locations ...

AP PHOTO
In this May 26, 2010 file photo, staff members work on the production line at the Foxconn complex in the southern Chinese city of Shenzhen, Southern city in China.

Trump announces $10B Foxconn plant in Wisconsin

WASHINGTON — President Donald Trump said Wednesday that electronics giant Foxconn will build a $10 billion factory in Wisconsin that's expected to initially create 3,000 jobs, the largest economic development project in state history. The announcement comes at a critical juncture for a ...

Federal Reserve

Fed leaves rates alone, moves closer to selling off bonds

WASHINGTON — The Federal Reserve is keeping its key interest rate unchanged at a time when inflation remains persistently low. But it signaled Wednesday that it's edging closer to gradually shrinking its bond holdings, a step that would likely boost long-term borrowing rates including ...

Coke Zero rebooted as Coke Zero Sugar

NEW YORK — Coke Zero is getting revamped as Coke Zero Sugar. The new name is intended to make clearer that the drink has no sugar, and a new recipe is intended to make the drink taste more like regular Coke. The company isn't specifying what it's changing aside from saying it tweaked the ...

AP PHOTO
This May 16, photo shows new town homes under construction in Woodstock, Ga. The Standard & Poor's/Case-Shiller 20-city home price index for May is released, Tuesday.

US home prices reach record high for 6th straight month

WASHINGTON — U.S. home prices reached a new high in May for the sixth straight month, which may raise fears of another housing bubble roughly a decade after a previous one burst. The Standard & Poor's CoreLogic national home price index, released Tuesday, increased 5.6 percent in May, ...

Yellen

Trump weighs replacing Fed Chair Yellen with ex-Goldman exec

WASHINGTON — President Donald Trump said Tuesday that he's considering either re-nominating Janet Yellen for a second term as Fed chair or replacing her with someone else, possibly Gary Cohn, who leads his National Economic Council. Trump said in an interview with the Wall Street Journal ...

AT&T tops Wall Street’s profit, revenue forecasts

DALLAS — Shares of AT&T Inc. rose Tuesday after the company's second-quarter profit and revenue beat industry analysts' projections. The Dallas phone and video company also said that it still expects its $85 billion Time Warner deal to close this year. AT&T bought DirecTV in 2015 and ...

Christopher Grobbel, of Grobbel Environmental and Planning Associates, speaks during feedback session on Enbridge Inc.'s Line 5 at the Hagerty Center on the Great Lakes Campus of Northwestern Michigan College in Traverse City, Mich., Monday, July 24, 2017. Supporters and opponents of twin oil pipelines beneath the Straits of Mackinac are making their cases in a series of public meetings. (Jan-Michael/Traverse City Record-Eagle via AP)

Supporters, foes clash over underwater oil pipeline’s future

TRAVERSE CITY, Mich. — An engineering company's report on the future of twin oil pipelines beneath the Straits of Mackinac is flawed and biased in favor of continuing the existing system, critics said Monday. A business coalition said keeping oil flowing through the 64-year-old pipes is ...

FILE - In this Wednesday, July 19, 2017 file photo, British Prime Minister Theresa May leaves 10 Downing Street in London. May called a snap election in a bid to strengthen her hand in EU negotiations. Instead, voters stripped May's Conservatives of their parliamentary majority, severely denting her authority - and her ability to hold together a party split between its pro-and anti-EU wings. Since then, there has been a disunited British government, and an increasingly impatient EU. Officials of the bloc have slammed British proposals so far as vague and inadequate.  (AP Photo/Matt Dunham)

Divided UK, inconclusive election

LONDON — Lucy Harris thinks Britain's decision to leave the European Union is a dream come true. Nick Hopkinson thinks it's a nightmare. The two Britons — a "leave" supporter and a "remainer" — represent the great divide in a country that stepped into the unknown just over a year ago, ...

BBC women want wide gender pay gap fixed now, not in 3 years

LONDON — Some of the BBC's most prominent female journalists and TV presenters are banding together to demand that the broadcaster fix its wide gender pay gap immediately rather than in several years as management has proposed. TV personalities including Clare Balding, Victoria Derbyshire ...

AP PHOTO
In this March 15, file photo, the four ring logo of German car producer Audi is photographed at the headquarters after the annual press conference in Ingolstadt, Germany. German automaker Audi says it will fit up to 850,000 diesel cars with new software to improve their emissions performance, following a similar move by rival Daimler as the auto industry tries to get ahead of public controversy over the technology. Audi, the luxury brand of the Volkswagen Group, announced the voluntary retrofitting program on Friday.

Audi to update 850,000 cars as diesel recalls widen

BERLIN — German automaker Audi says it will fit up to 850,000 diesel cars with new software to improve their emissions performance, following a similar move by rival Daimler as the auto industry tries to get ahead of public controversy over the technology. Audi, the luxury brand of the ...

Jobless rates fall below 4 pct. in nearly half US states

WASHINGTON — Hiring rose last month in 14 U.S. states in June, and the unemployment rate fell to record lows in two states, evidence that the job market is getting tighter across much of the country. The Labor Department said Friday that unemployment rates fell in 10 states and rose in only ...

Wy. coal production slides during spring

CASPER, Wyo. — Coal production in Wyoming dropped during the spring after a surge of production at the state's mines through fall and winter, federal coal mine regulators said. Wyoming produced 72 million tons of coal between April and June. From January to March, mines produced about 80 ...

Rating agency hopeful on Greece, balks at upgrade

ATHENS, Greece — Ratings agency Standard & Poor's has raised its outlook for Greece from "stable" to "positive," encouraged by a recent round of cost-cutting reforms and an expected return to growth this year. But the agency fell short of upgrading its credit rating, keeping it at B-, ...