Business

Founder of the Baring Vostok investment fund Michael Calvey sits in a cage in the court room in Moscow, Russia, Friday, Feb. 15, 2019. A veteran U.S. investment fund manager has been detained in Moscow and faces fraud charges. A Moscow court said on Friday that Michael Calvey, founder and senior partner at Baring Vostok equity firm, was detained alongside two other fund managers. (AP Photo/Alexander Zemlianichenko)
February 15, 2019 - 2:11 pm
MOSCOW (AP) — A veteran U.S. investment fund manager was detained in Moscow on Friday and faces fraud charges in a case that's likely to rattle the Russian business community. Michael Calvey, founder and senior partner at Baring Vostok equity firm, was detained alongside two other fund managers in...
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FILE- In this Feb. 5, 2019, file photo trader Andrew Silverman works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Feb. 15. (AP Photo/Richard Drew, File)
February 15, 2019 - 1:32 pm
Plans by the U.S. and China to extend key trade talks drove stocks broadly higher in afternoon trading Friday, lifting the Dow Jones Industrial Average more than 300 points. The gains mark a turnaround after the market ended modestly lower Thursday following a disappointing holiday sales report...
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German foreign minister Heiko Maas, right, talks to Russian foreign minister Sergej Lawrow at a bilateral meeting at the Security Conference in Munich, Germany, Friday, Feb. 15, 2019. (Sven Hoppe/dpa via AP)
February 15, 2019 - 12:57 pm
MUNICH (AP) — The Latest on Munich Security Conference (all times local): 6:50 p.m. Germany's foreign minister is calling for a return to multilateral solutions, criticizing U.S. President Donald Trump's go-it-alone approach as counter-productive. Foreign Minister Heiko Maas told Munich Security...
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Venezuela's President Nicolas Maduro speaks during an interview with The Associated Press at Miraflores presidential palace in Caracas, Venezuela, Thursday, Feb. 14, 2019. Even while criticizing Donald Trump's confrontational stance toward his socialist government, Maduro said he holds out hope of meeting the U.S. president to resolve an impasse over his recognition of opponent Juan Guaido as Venezuela's rightful leader. (AP Photo/Ariana Cubillos)
February 15, 2019 - 11:44 am
CARACAS, Venezuela (AP) — A month into Venezuela's high-stakes political crisis, President Nicolas Maduro revealed in an Associated Press interview that his government has held secret talks with the Trump administration. He also predicted he would survive an unprecedented global campaign to force...
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FILE- In this Jan. 29, 2018, file photo Jeff Bezos, the CEO and founder of Amazon.com, takes a walking tour of the Amazon Spheres in Seattle. Amazon has had a complicated few weeks with its cancellation of a New York headquarters Thursday, Feb. 14, 2019, and extortion claims last week related to intimate photos taken by its founder. Experts say the events are unlikely to pose much of a threat to Amazon’s business. But the company will continue to face more challenges as it grows larger. (AP Photo/Ted S. Warren, File)
February 15, 2019 - 11:13 am
SAN FRANCISCO (AP) — It's been a complicated few weeks for Amazon, what with its abrupt pullout from a massive New York City development, extortion claims related to intimate photos taken by its founder Jeff Bezos and increasing antitrust scrutiny in Europe . For now, these events seem unlikely to...
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FILE- In this Feb. 5, 2019, file photo trader Andrew Silverman works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Feb. 15. (AP Photo/Richard Drew, File)
February 15, 2019 - 9:46 am
NEW YORK (AP) — The latest on developments in financial markets (all times local): 9:35 a.m. Stocks are opening higher on Wall Street after Chinese and U.S. officials agreed to continue trade talks in Washington next week. Investors are again weighing quarterly results from major U.S. companies...
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An unnamed Australian representative, Belgian foreign minister Didier Reynders, Canada's minister of Defense Harjit Sajjan, Denmark's minister of Defense Claus Hjort Frederiksen, French state secretary Juan Francisco Martinez Nunez, French minister of Defense Florence Parly, US minister of Defense Patrick Shanahan, German minister of Defense Ursula von der Leyen, British minister of Defense Gavin Williamson, Italy's minister of Defense Elisabetta Trenta, Dutch minister of Defense Ank Bijleveld, Norway's minister of Defense Frank Bakke Jensen, New Zealand's foreign minister Rupert Holborow, and Turkish minister of Defense Hulusi Akar, from left to right, pose for a group photo at the International Security Conference in Munich, Germany, Friday, Feb. 15, 2019. (Tobias Hase/dpa via AP)
February 15, 2019 - 9:25 am
PARIS (AP) — The Latest on Britain's upcoming scheduled exit from the European Union (all times local): 3:25 p.m. Britain's defense secretary has sought to reassure an audience in Germany that his country's commitment to supporting European security will remain "steadfast" after the country's...
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In this Feb. 7, 2019 photo, thousands of demonstrators march in the street as they chant anti-government slogans during a protest to demand the resignation of President Jovenel Moise and demanding to know how Petro Caribe funds have been used by the current and past administrations, in Port-au-Prince, Haiti. Much of the financial support to help Haiti rebuild after the 2010 earthquake comes from Venezuela's Petro Caribe fund, a 2005 pact that gives suppliers below-market financing for oil and is under the control of the central government. (AP Photo/Dieu Nalio Chery)
February 15, 2019 - 8:32 am
PORT-AU-PRINCE, Haiti (AP) — Haitians on Friday vowed to keep protesting until President Jovenel Moise resigns despite his announcement of upcoming economic measures designed to quell more than a week of violent demonstrations across the country. Moise said during a televised address late Thursday...
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FILE- In this May 7, 2018, file photo a delivery man unloads cases of soft drinks from a Pepsi truck in New York. PepsiCo Inc. reports earns on Friday, Feb. 15, 2019. (AP Photo/Mark Lennihan, File)
February 15, 2019 - 8:30 am
PURCHASE, N.Y. (AP) — PepsiCo moved to a profit in its fourth quarter, getting a boost from a large tax benefit as sales in its Frito-Lay unit North America strengthened. Shares rose 2.4 percent before the market open on Friday. The food and beverage company recorded a $5.3 billion tax benefit in...
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A man protests holding a banner reading in Spanish "The elder people without their pension" outside a BBVA bank building in Madrid, Spain, Friday, Feb. 15. 2019. Hundreds of Chinese have protested outside a Spanish bank's premises in Madrid, claiming they are being denied access to their accounts while the bank insists it is obeying money-laundering laws. (AP Photo/Andrea Comas)
February 15, 2019 - 8:23 am
MADRID (AP) — Hundreds of Chinese have protested outside a Spanish bank in Madrid, claiming they are being unfairly denied access to their accounts while the bank insists it's merely complying with money-laundering laws. Spanish media report that the protesters are demanding access to their money...
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