Business

August 05, 2020 - 4:22 pm
DETROIT (AP) — About 1 million Fiat Chrysler vehicles with four-cylinder engines in the U.S. may spew too much pollution, and the company is working with government officials on a recall. Fiat Chrysler says in a quarterly filing with securities regulators that it found the excess pollution during...
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The cruise ship SeaDream 1 at the quay in Bodoe, Norway, Wednesday Aug. 5, 2020. The cruise ship with 123 passengers on board and a crew of 85 has docked in the Norwegian harbor of Bodoe but no one can disembark after a former passenger from Denmark tested positive for the coronavirus upon returning home. (Sondre Skjelvik/NTB Scanpix via AP)
August 05, 2020 - 1:36 pm
With new coronavirus clusters sprouting aboard ships overseas, the U.S. cruise industry is extending its suspension of operations through October. The Cruise Lines International Association, which represents more than 50 companies and 95% of ocean-going cruise capacity, said Wednesday that if...
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FILE - This Feb. 25, 2020, file photo, shows the icon for TikTok in New York. President Donald Trump will order China’s ByteDance to sell its hit video app TikTok because of national-security concerns, according to reports published Friday, July 31, 2020. “We are looking at TikTok," Trump told reporters Friday at the White House. "We may be banning TikTok.” (AP Photo/File)
August 05, 2020 - 12:05 pm
NEW YORK (AP) — Facebook's Instagram is launching its answer to the hit short video app TikTok — Instagram Reels. The new Instagram feature will let users record and edit 15-second videos with audio, and will let users add visual effects. Users will be able to share Reels with followers in...
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Cloud computing company Rackspace begins trading at the Nasdaq following its initial public offering, Wednesday, Aug. 5, 2020, in New York's Times Square. (AP Photo/Mark Lennihan)
August 05, 2020 - 11:43 am
NEW YORK (AP) — Stocks are rising again on Wall Street Wednesday, and the S&P 500 is ticking closer to its record high as it tries for a fourth straight gain. The S&P 500 was 0.7% higher in midday trading, following up on gains in European markets and across much of Asia. It’s back within 2...
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FILE - In this May 11, 2020 file photo, a container ship is docked at Maher Terminals in Elizabeth, N.J. The U.S. trade deficit rose for the third straight month in May. Both exports and imports fell as the coronavirus outbreak continued to take a toll on world commerce. The Commerce Department said Thursday, July 2 that the gap between the United States buys and what it sells abroad rose 9.7% in May to $54.6 billion, highest since December 2018. (AP Photo/Mark Lennihan, File)
August 05, 2020 - 8:45 am
WASHINGTON (AP) — The U.S. trade deficit fell in June for the first time since February as exports posted a record increase, rising twice as fast as imports. The Commerce Department said Wednesday that the gap between the value of what the United States buys and what it sells abroad fell 7.5% to $...
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FILE - In this Nov. 21, 2019 file photo, former White House national security aide Fiona Hill testifies before the House Intelligence Committee on Capitol Hill in Washington. Hill, a key witness in President Donald Trump's impeachment inquiry, is going to be sharing her views about the future of a polarized America. The New York-based Houghton Mifflin Harcourt Books & Media announced on Wednesday that it has acquired a book by Hill, former deputy assistant to the president and senior director for European and Russian affairs on the National Security Council at the White House. (AP Photo/Susan Walsh)
August 05, 2020 - 8:00 am
WASHINGTON (AP) — Fiona Hill, a key witness in President Donald Trump's impeachment inquiry, is going to be sharing her views about the future of a polarized America. The New York-based Houghton Mifflin Harcourt Books & Media announced on Wednesday that it has acquired a book by Hill, former...
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August 05, 2020 - 7:47 am
One of the nation’s biggest telemedicine providers will spend more than $18 billion to stoke an approach to care that grew explosively during the pandemic and recently received an endorsement from President Donald Trump. Teladoc Health Inc. plans to dive deep into managing the health of patients...
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Customers line up at a drive thru self-swab coronavirus test site at a local CVS Pharmacy Sunday, June 14, 2020, in Phoenix. (AP Photo/Ross D. Franklin)
August 05, 2020 - 7:37 am
CVS Health is reporting surprisingly strong second-quarter earnings in part due to postponed elective medical procedures during the pandemic, and it raised its profit expectations for the year. For the three months ended June 30, CVS earned $2.99 billion, or $2.26 per share. A year earlier the...
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A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Wednesday, Aug. 5, 2020. Major Asian stock markets declined Wednesday amid investor concern about U.S. stimulus spending and a trade agreement with Beijing. (AP Photo/Vincent Yu)
August 04, 2020 - 11:42 pm
BEIJING (AP) — Major Asian stock markets declined Wednesday amid investor concern about U.S. stimulus spending and a trade agreement with Beijing. Market benchmarks in Shanghai, Tokyo, Hong Kong and Sydney declined. Investors are watching the stalemate among U.S. legislators over employment...
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People wearing face masks to help protect against the spread of the new coronavirus pass on a crosswalk on a street in Tokyo, Tuesday, Aug, 4, 2020. (AP Photo/Koji Sasahara)
August 04, 2020 - 11:21 pm
TOKYO — A governor in Japan is drawing skeptical criticism after he touted a gargling product as effective against the coronavirus, an assertion that, despite its dubiousness, emptied some store shelves of the medicine. Shares of Shionogi & Co. and Meiji Holdings Co., which make Isojin, soared...
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