Money & Markets

Foxconn casting wide net in search for employees

MILWAUKEE — Foxconn Technology Group will cast a wide net to find the 13,000 workers it eventually expects to hire at its new North American manufacturing plant, partnering with universities and technical schools and even tapping into transitioning members of the military. Foxconn's next ...

Prosecutors grant immunity to longtime Trump finance chief

NEW YORK — He's one of the longest-serving employees in Donald Trump's family real estate business. Through triumphs, scandals and bankruptcies, he was there. Allen Weisselberg was handling the books when Fred Trump ran the company in the early 1970s. He was handling them when his son ...

Govt acts to stop high-tax states from skirting $10K cap

the Associated Press WASHINGTON — The Trump administration has laid down rules aimed at preventing residents in high-tax states from avoiding a new cap on widely popular state and local tax deductions. The action under the new Republican tax law pits the government against high-tax, heavily ...

Attempt to break into Democratic Party voter data thwarted

the Associated Press CHICAGO — An attempt to break into the Democratic National Committee's massive voter database has been thwarted, a party official said Wednesday, two years after Russian operatives sent the party into disarray by hacking into its computers and facilitating the release ...

Plan for coal power deregulation could cause more deaths

the Associated Press WASHINGTON — The Trump administration on Tuesday moved to prop up the declining coal industry with an overhaul of Obama-era pollution rules, acknowledging that the increased emissions from aging coal-fired plants could kill hundreds more people annually and cost the ...

Trump ready to ease rules on coal-fired power plants

WASHINGTON — The Trump administration is set to roll back the centerpiece of President Barack Obama's efforts to slow global warming, the Clean Power Plan that restricts greenhouse gas emissions from coal-fired power plants. A plan to be announced Tuesday would give states broad authority ...

US says conserving oil is no longer imperative

the Associated Press WASHINGTON — Conserving oil is no longer an economic imperative for the U.S., the Trump administration declares in a major new policy statement that threatens to undermine decades of government campaigns for gas-thrifty cars and other conservation programs. The ...

As Musk admits to job stress, Tesla’s board may have to act

Elon Musk's erratic behavior was front and center again this week as the CEO of Tesla conceded that he's overwhelmed by job stress, pushing his electric car company's stock down and bringing pressure on its board to take action. Musk's revelation, in a Thursday interview with The New York ...

Where White House touts a boom, most economists see a blip

WASHINGTON — Is the latest pickup in U.S. economic growth destined to slow in the years ahead as most analysts say? Or, as the Trump administration insists, is the economy on the cusp of an explosive boom that will reward Americans and defy those expectations? On Thursday, President ...

After Alex Jones timeout, Twitter CEO mulls deeper changes

NEW YORK — A day after Twitter gave right-wing conspiratorialist Alex Jones a weeklong timeout, CEO Jack Dorsey is mulling deeper changes to the social media service that might limit the spread of fake news, misinformation and hate speech. Twitter joined other prominent tech companies in ...

Texas man in 3D-printed firearms case welcomes legal battle

AUSTIN, Texas — Cody Wilson found his calling when, in 2013, he successfully fired the first gun made on a 3D printer. The Austin American-Statesman reports that very week, he dropped out of his second year at the University of Texas Law School, which wasn't much of a sacrifice because he'd ...

Questions loom over Tesla deal after CEO reveals Saudi link

SAN FRANCISCO — Tesla CEO Elon Musk's elaboration on his plan to engineer a buyout of the electric car maker could get the Silicon Valley maverick into legal trouble by revealing that the deal is far more uncertain than how he initially described it in his brash tweet last week. If ...

Democrats pour money into longshot races

HOUSTON — Thara Narasimhan, who hosts an Hindu radio program in Houston, has already given $1,200 to a Democrat running against Republican U.S. Rep. Pete Olson, who once drove around his solidly conservative Texas district with a "NEVER HILLARY" bumper sticker on his pickup. Her plans to ...

China’s Xi beset by economic and political challenges

the Associated Press BEIJING — As China's leaders gather for their annual Yellow Sea retreat, the country's political waters are looking choppy. Chinese President and ruling Communist Party leader Xi Jinping is beset by economic, foreign policy and domestic political challenges just ...

Wildfire victims stung by Trump’s trade war

THE Associated Press SANTA ROSA, Calif. — Add this to the challenges facing California wildfire victims: Tariffs. The import tariffs imposed by President Donald Trump are adding thousands of dollars to the cost of building homes. That especially squeezes homeowners who seek to rebuild ...

Florida Gov. wants proof from Sen. Nelson over hacking claim

TALLAHASSEE, Fla. — Florida Gov. Rick Scott, calling the allegations sensational, demanded on Friday that U.S. Sen. Bill Nelson provide proof to back up his statement that Russian operatives have penetrated some of his state's election systems ahead of this year's crucial election. Scott, a ...

Spa and beauty industry hopes to fill 30,000 jobs

the associated press NEW YORK — The spa and beauty industry is growing so fast that 30,000 jobs are going unfilled. A "Get Your Dream Job" campaign is aiming to change that. Lynnelle Lynch is president of Beauty Changes Lives, a foundation committed to "elevating the perception of ...

Tesla CEO’s buyout bid raises eyebrows, legal concerns

SAN FRANCISCO — Tesla CEO Elon Musk is seeking relief from the pressures of running a publicly held company with a $72 billion buyout of the electric car maker, but he may be acquiring new headaches with his peculiar handling of the proposed deal. Almost everything about the deal is ...

Disney says its new streaming service won’t rival Netflix

NEW YORK — Disney's upcoming streaming service won't try to compete directly with Netflix and Amazon, but will focus instead on quality — namely original programs from Disney's "Star Wars," Pixar and Marvel brands. The details from Disney CEO Bob Iger came as Disney reported a growth ...

Pentagon restricts use of fitness trackers, other devices

WASHINGTON — Military troops and other defense personnel at sensitive bases or certain high-risk warzone areas won't be allowed to use fitness-tracker or cellphone applications that can reveal their location, according to a new Pentagon order. The memo, obtained by The Associated Press, ...