Money & Markets

SpaceX launches communication satellite

CAPE CANAVERAL, Fla. — SpaceX has launched a communication satellite on the third try. The unmanned Falcon rocket blasted off Wednesday evening from Florida's Kennedy Space Center. It successfully hoisted an Intelsat satellite that was going so high that there wasn't enough leftover fuel to ...

FILE - In this June 21, 2017, file photo, former FBI Director Robert Mueller, the special counsel probing Russian interference in the 2016 election, departs Capitol Hill following a closed door meeting in Washington. A 2001 Justice Department memo warned that no nation, including the United States, was immune from the threat posed by Russian organized crime. The special counsel investigation is bringing attention to Russian efforts to meddle in democratic processes, the type of intelligence gathering that in the past has relied on hired hackers. It’s not clear how much the probe by Mueller will center on the criminal underbelly of Moscow, but he’s already picked some lawyers with experience confronting organized crime. (AP Photo/Andrew Harnik, File)

Mueller probe could draw focus to Russian crime

WASHINGTON — The U.S. government has long warned that Russian organized crime posed a threat to democratic institutions, including "criminally linked oligarchs" who might collude with the Russian government to undermine business competition. Those concerns, ever-present if not ...

Idaho officials consider changes to dredge mining rules

LEWISTON, Idaho — Idaho officials are considering altering rules for suction dredge mining on the South Fork of the Clearwater River just before the monthlong season is set to begin. At the Tenmile Mining District's request, regulators are looking at several conditions included in its ...

In this March 31, 2016, file photo, Tesla Motors unveils the new lower-priced Model 3 sedan at the Tesla Motors design studio in Hawthorne, Calif. Electric car maker Tesla said on Monday, July 3, 2017, that its Model 3 car will go on sale on Friday. (AP Photo/Justin Pritchard, File)

Tesla: 1st Model 3 to be built this Friday

NEW YORK — The first Tesla Model 3 electric car for the masses should come off the assembly line on Friday with the first deliveries in late July, the company's CEO says. CEO Elon Musk, in several Twitter messages early Monday, says the new car passed all government regulatory requirements ...

AP PHOTO
In this May 14, 2010 file photo, a Qatari woman walks in front of the city skyline in Doha, Qatar. Qatar likely faces a deadline this weekend to comply with a list of demands issued to it by Arab nations that have cut diplomatic ties to the energy-rich country, though its leaders already have dismissed the ultimatum.

Qatar stock exchange drops as ultimatum deadline nears

DOHA, Qatar — Qatar's stock exchange dropped Sunday as the tiny Gulf nation braced for a deadline to accept demands from four Arab countries in part over what they allege is its support for extremist groups. Saudi Arabia, the United Arab Emirates, Egypt and Bahrain cut off ties with 2022 ...

Auto sales fall 6 straight months, stay near record levels

DETROIT — Unemployment is down, consumer confidence is up, and gas prices and interest rates are still low. Even so, U.S. auto sales fell 3 percent last month. It was the sixth straight monthly decline as sales dropped off last year's record pace. For the first six months, car and truck ...

Harsh winter took heavy toll on wildlife across western US

CHEYENNE, Wyo. — Wildlife suffered higher than normal losses this winter in severe weather across the western United States, where the toll included the deaths of all known fawns in one Wyoming deer herd and dozens of endangered bighorn sheep in California. Wildlife managers in Colorado, ...

Nevada Marijuana

Tourists, locals buy Nev.’s legal marijuana

LAS VEGAS — Cheers and long lines of tourists and locals alike greeted the first day of sales of recreational marijuana on Saturday as Nevada became the fifth state with stores selling pot to the public in a market that is expected to outpace all others in the U.S. thanks to the millions of ...

Samsung to sell recycled Note 7 phones

SEOUL, South Korea — Samsung Electronics said Sunday its recalled Galaxy Note 7 phones will be recycled and sold starting this week in South Korea. The Galaxy Note FE phone, using unused parts in the recalled Note 7 smartphones, will go on sale in South Korea on Friday at 700,000 won ...

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Containers are piled up at a terminal at the Jawaharlal Nehru Port Trust in Mumbai, India, Thursday. Operations at a terminal at India's busiest container port have been stalled by the malicious software that suddenly burst across the world’s computer screens Tuesday, another example of the disruption that continues to be felt globally.

Companies still hobbled from fearsome cyberattack

HOUSTON — Many businesses still struggled Friday to recover hopelessly scrambled computer networks, collateral damage from a massive cyberattack that targeted Ukraine three days ago. The Heritage Valley Health System couldn't offer lab and diagnostic imaging services at 14 community and ...

Nevada Marijuana

Nevada pot sites ready for legal sales to begin

LAS VEGAS — At a nondescript building near the Las Vegas Strip, workers in scrubs, hair nets and surgical masks furiously attached labels to sealed jars as others checked on growing marijuana plants or carefully weighed buds. The frenzied activity is focused on one goal: Getting ...

India launches new single nationwide tax

NEW DELHI — India's Parliament held a special midnight session Friday to introduce a new single nationwide tax, replacing a complicated mix of state and federal taxes that will change the cost of nearly everything people buy. India's president and the prime minister pressed a button heralding ...

Buffett to buy 700M shares in BofA

NEW YORK — Warren Buffett's Berkshire Hathaway said Friday it will amass a 700-million-share stake in Bank of America, making Buffett the largest shareholder in two of the nation's largest banks. Berkshire said that it will convert warrants it purchased in Bank of America back in 2011, when ...

AP PHOTO
European Commission President Jean-Claude Juncker, Italian Prime Minister Paolo Gentiloni, Spain's Prime Minister Mariano Rajoy, France's President Emmanuel Macron, German Chancellor Angela Merkel, Mark Rutte, Prime Minister of the Netherlands, Norway's Prime Minister Erna Solberg and European Council President Donald Tusk, from left, attend a press conference after a gathering of European leaders on the upcoming G-20 summit in the chancellery in Berlin, Germany, Thursday.

Europeans line up behind Paris accord, free trade before G20

BERLIN — European leaders said Thursday they are ready to defend the Paris climate accord and free trade when they face President Donald Trump at the Group of 20 summit. German Chancellor Angela Merkel said Europe was "more determined than ever" to see the climate deal succeed. The Trump ...

TEC--Amazon-Whole Foods-The Value In Data

What Amazon wants from Whole Foods: Data

NEW YORK — Why is Amazon spending nearly $14 billion for Whole Foods ? One reason: People who buy yoga mats and fitness trackers on Amazon might also like grapes, nuts and other healthy items at the organic grocery chain. In short, the deal stands to net Amazon a wealth of data-driven ...

US hardens line on China

WASHINGTON — The Trump administration hardened its approach to China on Thursday, blacklisting a small Chinese bank over dealings with North Korea while approving more than a billion dollars in military sales to Taiwan. The twin moves, both expected to infuriate Beijing, came days after ...

Former-execs stand trial for Fukushima disaster

TOKYO — Three former executives of Tokyo Electric Power Co. went on trial Friday for alleged negligence in the 2011 Fukushima nuclear disaster. The trial in Tokyo District Court is the first to consider whether utility officials can be held criminally responsible. Three reactors had ...

AP PHOTO
A screen of an idle virus affected cash machine in a state-run OshchadBank says "Sorry for inconvenience/Under repair" in Kiev, Ukraine, Wednesday.

Companies, governments assess damage from latest malware

PARIS — Companies and governments around the world on Wednesday counted the cost of a software epidemic that has disrupted ports, hospitals and banks. Logistics firm FedEx says deliveries by its TNT Express subsidiary have been "slowed" by the cyberattack, which had "significantly affected" ...

Pink Slime ABC

ABC, meat producer settle in $1.9B ‘pink slime’ libel suit

SIOUX FALLS, S.D. — ABC and a South Dakota meat producer announced a settlement Wednesday in a $1.9 billion lawsuit against the network over its reports on a beef product that critics dubbed "pink slime." The terms of the settlement including its amount are confidential. Dakota Dunes-based ...

Panda Express settles discrimination claim

WASHINGTON — Federal prosecutors say they have reached a settlement with Panda Express over allegations the company discriminated against workers who were not U.S. citizens. Under the settlement announced on Wednesday, Panda Express will pay a $400,000 penalty to the U.S. government and ...