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Business

Kate Spade Foundation to donate $1M for suicide prevention

Kate Spade Charity

NEW YORK (AP) — Kate Spade New York has announced plans to donate $1 million to support suicide prevention and mental health awareness causes in tribute to the company’s late founder. To start, the company said Wednesday the Kate Spade New York Foundation is giving $250,000 to the Crisis Text Line ,...


National Business

Disney ups Twenty-First Century Fox to more than $70.3B

Battle For Fox

NEW YORK (AP) — The mouse is chasing the fox. Disney is upping the ante for Fox, making a $70.3 billion counterbid for Fox’s entertainment businesses following Comcast’s $65 billion offer for the company. The battle for Twenty-First Century Fox reflects a new imperative among entertainment and...


Auto

Automakers improve quality to record level in annual survey

New Car Quality

DETROIT (AP) — A survey of new-vehicle buyers finds that car and truck quality hit a record high this year as automakers started to clear up bugs with infotainment systems. The annual survey by J.D. Power finds that buyers reported a record-low 93 problems per 100 vehicles during the first three...


Business

American Airlines plans to cut some management jobs

FORT WORTH, Texas (AP) — American Airlines plans to cut an undisclosed number of management jobs that top executives say are no longer needed more than four years after merging with US Airways. The company says there will be a combination of layoffs and buyouts over the next several weeks. CEO Doug...


Business

Markets Right Now: Stocks mostly higher, led by tech, media

NEW YORK (AP) — The latest on developments in financial markets (all times local): 12:05 p.m. U.S. stocks are mostly higher Wednesday as technology and media companies lead a recovery from the turbulent trading seen the day before. The S&P 500 index is rising 8 points, or 0.3 percent, to 2,771. The...


Business

Central bank chiefs of 4 major nations raise trade concerns

WASHINGTON (AP) — The leaders of the central banks of four major economies are expressing alarm that multiple trade conflicts are threatening to slow global growth. The officials say the escalating trade fights involving the United States, China and Europe could erode business confidence, lead...


Business

Lawmakers rip tariffs enacted in name of national security

WASHINGTON (AP) — Lawmakers from both parties are criticizing tariffs the Trump administration has imposed on imported steel and aluminum products in the name of national security. Republican Sen. Orrin Hatch, the chairman of the Senate Finance Committee, says the tariffs are damaging the economy,...


Business

AP Top Business News at 12:11 p.m. EDT

Lawmakers rip tariffs enacted in name of national security Disney ups Twenty-First Century Fox to more than $70.3B Fed chair signals gradual rate hikes in tame inflation era Amazon, Buffett, JPMorgan pick Gawande to lead health firm Central bank chiefs of 4 major nations raise trade concerns EU to...


Business

Tech companies lead US stocks higher as trade fears ease

Financial Markets Wall Street-3

NEW YORK (AP) — U.S. stocks are slightly higher Wednesday as global markets let go of some of their fears about the growing trade dispute between the U.S. and China. Technology companies are making some of the largest gains. Twenty-First Century Fox is jumping after it agreed to a new deal with...


World

Beer may lack fizz in Europe amid carbon dioxide shortage

Britain Russia Soccer WCup England Tunisia

LONDON (AP) — No beer at this time of year? A British trade group says there’s a shortage of carbon dioxide in Northern Europe, sparking fears that drinks may lack fizz just as thirsty soccer fans fill pubs for the World Cup. Gavin Partington, director-general of the British Soft Drinks Association,...


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