News

Ogden's proposed airport name change creates a stir in Salt Lake City

SW 030218 Ogden-Hinckley Airport 02

Ogden Chief Administrative Officer Mark Johnson said the name change resolution was cut after Salt...

Business

China, EU to form group to modernize global trade rules

China EU

BEIJING (AP) — China and the European Union agreed Monday to launch a group that will work to update global trade rules to address technology policy, subsidies and other emerging irritants and preserve support for international trade amid U.S. threats of import controls. Actions such as U.S....


Business

AP Top Business News at 12:58 p.m. EDT

US new-home sales climbed 6.7 percent in May Beijing hopes US will treat Chinese investments fairly China, EU to form group to modernize global trade rules Big spenders: S&P 500 stock buybacks set record in 1Q US imported more seafood in 2017 than any prior year Harley, stung by tariffs, shifts...


Business

Big spenders: S&P 500 stock buybacks set record in 1Q

NEW YORK (AP) — Flush with savings from lower tax bills and profits from a growing economy, big U.S. companies are spending a record amount buying back their own stock. Stock repurchases hit $189.1 billion in the first quarter for the S&P 500, according to preliminary results from S&P Dow Jones...


Business

Stocks sink on reports US may limit tech exports to China

Financial Markets Wall Street

NEW YORK (AP) — U.S. stocks are falling Monday following losses in Europe and Asia, and technology companies are skidding following reports that the Trump administration plans to limit high-tech exports to China and will limit Chinese investment in American technology companies. Treasury Secretary...


Business

Uber argues it should remain in business in London

Britain Uber

LONDON (AP) — Uber argued Monday that is should be allowed to keep driving on the streets of London, telling a court that the ride-hailing app has made significant changes since a regulator refused to renew the company’s operating license last year. Lawyers for the company opened their case in an...


Business

Supreme Court rules for American Express in credit card case

Supreme Court American Express

WASHINGTON (AP) — The Supreme Court handed American Express a win Monday in a lawsuit over rules it imposes on merchants who accept its cards. Under their contracts, merchants who accept American Express generally can’t encourage customers to use other credit cards, even though they charge...


Business

US new-home sales climbed 6.7 percent in May

New Home Sales

WASHINGTON (AP) — Sales of new U.S. homes jumped 6.7 percent in May, with purchases in the South accounting for all of the monthly gains. The Commerce Department said Monday that new homes sold last month at a seasonally adjusted annual rate of 689,000, up from 646,000 in April. The South reported...


National Business

Beijing hopes US will treat Chinese investments fairly

BEIJING (AP) — China’s foreign ministry on Monday expressed concern over reports that U.S. President Donald Trump plans to curb Chinese investments in the United States, and urged Washington to provide a “good, fair, and predictable” environment for Chinese companies. “We hope the U.S. side will...


Business

Steel pipe company CEOs push for waivers from Trump's tariff

Trump Steel Tariffs

BAYTOWN, Texas (AP) — Joel Johnson examines the shipping labels on 35-ton coils of American-made steel that will be unspooled, bent and welded into rounded sections of pipe. One’s from Nucor, a mill in Arkansas. Another’s from Steel Dynamics in Mississippi. But much harder to spot in the sprawling...


Business

Harley, stung by tariffs, shifts some production overseas

Harley Davidson Tariffs

MILWAUKEE (AP) — Harley-Davidson, up against spiraling costs from tariffs, will begin to shift the production of motorcycles headed for Europe from the U.S. to factories overseas. The European Union on Friday began rolling out tariffs on American imports like bourbon, peanut butter and orange juice....


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