Money & Markets

FILE - In this Thursday, July 21, 2016 file photo, residents of the Kisenso district receive yellow fever vaccines, in Kinshasa, Democratic Republic of Congo. The World Health Organization routinely spends about $200 million a year on travel, far more than what it doles out to fight some of the biggest problems in public health including AIDS, tuberculosis and malaria, according to internal documents obtained by The Associated Press, published Sunday, May 21, 2017. (AP Photo/Jerome Delay, File)

Strapped UN health agency spends big on travel

LONDON — The World Health Organization routinely spends about $200 million a year on travel — far more than what it doles out to fight some of the biggest problems in public health including AIDS, tuberculosis or malaria, according to internal documents obtained by The Associated ...

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In this April 4, photo, Blake Hurst, a corn and soybean farmer and president of the Missouri Farm Bureau, right, talks with his son Dallas Hurst, left, and his brother Brooks Hurst, center, on his farm in Westboro, Mo. U.S. President Donald Trump has vowed to redo the North American Free Trade Agreement, but NAFTA has widened access to Mexican and Canadian markets, boosting U.S. farm exports and benefiting many farmers. Many farmers worry that Trump’s policies will jeopardize their exports just as they face weaker crop and livestock prices.

Prospect of NAFTA rewrite worries many US farmers

WASHINGTON — A sizable majority of rural Americans backed Donald Trump's presidential bid, drawn to his calls to slash environmental rules, strengthen law enforcement and replace the federal health care law. But many farmers are nervous about another plank in Trump's agenda: His vow to ...

Drone Registration

FAA drone registration rule struck down

WASHINGTON — An appeals court on Friday struck down a Federal Aviation Administration rule that required owners of drones used for recreation to register their craft. The ruling was a victory for hobbyists and a setback for the FAA, which cited safety concerns as it tried to tighten ...

Trump’s pick for deputy treasury sec. withdraws

WASHINGTON — President Donald Trump's choice to be deputy treasury secretary, bank executive Jim Donovan, is withdrawing from consideration to be second in command to Treasury Secretary Steve Mnuchin. Treasury spokesman Tony Sayegh says Donovan withdrew to focus "his attention on his family." ...

Trump administration announces plans to renegotiate NAFTA

WASHINGTON — Making good on a campaign promise, the Trump administration formally told Congress Thursday that it intends to renegotiate the North American Free Trade Agreement with Canada and Mexico. U.S. Trade Rep. Robert Lighthizer sent a letter to congressional leaders Thursday, starting ...

Earns The Gap

Gap shares up as profit exceeds expectations

Shares of Gap climbed Thursday after the retailer reported a quarterly profit that topped Wall Street expectations. The San Francisco-based company has struggled to adjust to changes in retail, with more consumers buying online, craving discounts and spending less time at the malls where the ...

Calif. bill would ban drug company gifts to doctors

SACRAMENTO, Calif. — The California Senate passed a bill Thursday that would ban drug companies from giving gifts to doctors. Sen. Mike McGuire said his bill prohibiting perks such as airline tickets and lavish meals would lower drug costs in part because doctors who receive such gifts are ...

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Trader Gregory Rowe works on the floor of the New York Stock Exchange, Wednesday. Stocks are opening lower on Wall Street as banks and industrial companies fall.

Dow Jones drops 370 points amid Washington turmoil

The brewing political crisis in Washington rattled Wall Street Wednesday, knocking the Dow Jones industrial average down more than 370 points and giving the stock market its biggest single-day slump in eight months. Investors worried that President Donald Trump's pro-business agenda could be ...

Ford Job Cuts

Ford to cut jobs as sales level off, stock price lags

DETROIT — Ford is getting leaner as it faces an onslaught of challenges, from slowing U.S. sales to high-tech challengers to its own disgruntled shareholders. The 114-year-old automaker said Wednesday it is cutting 1,400 non-factory jobs in North America and Asia Pacific. The company will ...

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Customers walk past the head of a bluefin tuna in front of a seafood restaurant at Tsukiji fish market in Tokyo Tuesday. Criminal and civil cases allege executives at the largest canned tuna companies were agreeing to collectively raise prices and limit promotions.

Feds and Walmart allege canned tuna prices fixed

BANGKOK — Executives of the most popular tuna brands in the U.S. — Chicken of the Sea, Bumble Bee and StarKist — conspired regularly to keep prices high for consumers with a taste for one of America's favorite sandwich ingredients, according to criminal and civil court records updated ...

Warehouse Party Fire

California utility sued by fire victim relatives

OAKLAND, Calif. — Relatives of 18 of the 36 people who died in Oakland's "Ghost Ship" warehouse fire added California's Pacific Gas & Electric utility on Tuesday as a defendant in their wrongful death lawsuits. They claimed the company should have known the warehouse's electrical hookups ...

Fox’s beauty pageant flops

NEW YORK — On Sunday, "The Miss USA Pageant" with its bevy of beauties, didn't do it for Fox. It delivered a pretty low 3 million viewers, according to Nielsen. To make matters worse, that was a significant decline from last year, when Fox first aired it, which itself marked an audience ...

FILE- In this Dec. 13, 2016, file photo, Anthony Levandowski, head of Uber's self-driving program, speaks about their driverless car in San Francisco. In an order filed Monday, May 15, 2017, a federal judge ordered Uber to stop using technology that Levandowski downloaded before he left Waymo, the Alphabet Inc. autonomous car arm that was spun off from Google. The order filed Monday in a trade secrets theft lawsuit also forces Uber to return all downloaded materials. (AP Photo/Eric Risberg, File)

Judge tells Uber to return Waymo files taken by engineer

DETROIT— A federal judge's order that bars Uber from using technology taken by a star engineer before he left Waymo is bad news for Uber and likely will hurt the ride-hailing company's own self-driving research, according to legal experts. The ruling by District Judge William Alsup in San ...

EPA allows mine co. to pursue permits near Alaska bay

JUNEAU, Alaska — In a sharp reversal, the U.S. Environmental Protection Agency has cleared a way for a company to seek permits to develop a massive copper and gold deposit near the headwaters of a world-class salmon fishery in southwest Alaska. As part of a court settlement with the Pebble ...

Wells Fargo Fake Accounts

Lawyers: Wells Fargo created about 3.5M fake accounts

SAN FRANCISCO — Lawyers representing aggrieved customers suing Wells Fargo have said the bank may have opened about 3.5 million unauthorized accounts, far more than bank and regulators disclosed last year. In a court filing late Thursday, lawyers representing customers told a federal judge ...

Anthem gives up $48B Cigna bid

INDIANAPOLIS — Anthem has ended its $48 billion bid to buy rival Cigna, but the nation's second-largest health insurer isn't giving up a fight over whether Cigna deserves a termination fee for the scrapped deal. Anthem said Friday that Cigna sabotaged the merger and caused "massive damages" ...

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U.S. Secretary of State Rex Tillerson speaks at the welcoming ceremony to kick off Arctic Council events in Fairbanks, Alaska, on Wednesday.

Tillerson: US won’t be rushed on climate change policies

FAIRBANKS, Alaska — Arctic nations have renewed calls for the world to address climate warming, but U.S. Secretary of State Rex Tillerson says the United States will not rush to make a decision on its policies. Tillerson spoke Thursday in Fairbanks, Alaska, at a meeting of the Arctic ...

Volkswagen Emissions Scandal

Judge approves settlement for VWs

SAN FRANCISCO — A federal judge in San Francisco has approved a $1.2 billion settlement with owners of 88,500 Volkswagens with 3-liter diesel engines rigged to cheat on emissions tests. U.S. District Judge Charles Breyer gave the deal final approval during a hearing Thursday. The deal ends ...

Nordstrom reports growth in 1Q profit

SEATTLE — Nordstrom Inc. said Thursday its overall profit jumped 37 percent at its department stores in the first quarter, but a key sales gauge fell short of Wall Street expectations. Sales at established stores across the Seattle-based chain declined 0.8 percent in the quarter. ...

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This photo provided by Tesla shows a house with Tesla's new slate solar roof tiles. As of Wednesday, customers worldwide could order a solar roof on Tesla's website. The glass tiles are designed to look like a traditional roof, with options that replicate slate or terracotta tiles. The solar tiles contain photovoltaic cells that are invisible from the street. Installations will begin in June in the U.S., starting with California. Installations outside the U.S. will begin in 2018, the company said.

Tesla starts selling solar roof; says savings to cover costs

DETROIT — Electric car maker Tesla has added another product to its lineup: Solar roof tiles. As of Wednesday, customers worldwide could order a solar roof on Tesla's web site. Installations will begin next month in the U.S., starting with California. Installations outside the U.S. will ...