News

North Ogden hopefuls for Utah House seat focus on tax stewardship, spending

Utah House 7

Kyle Andersen and Lisa Roskelley face off in the June 26 Republican primary for the District 7 seat...

Business

Germany: Merkel's Bavarian allies critical on euro budget

BERLIN (AP) — A Bavarian ally of Chancellor Angela Merkel is criticizing the German leader’s agreement in principle to a eurozone budget, adding to a conflict over migration. Bavaria’s Christian Social Union party is locked in a dispute with Merkel over its demand to turn back migrants at Germany’s...


Government

Lewandowski on girl with Down syndrome: 'Wah wah'

Immigration Lewandowski

WASHINGTON (AP) — A former campaign manager for Donald Trump has created a stir by dismissing a story about a girl with Down syndrome with a sarcastic “Wah wah.” Corey Lewandowski appeared Tuesday on Fox News Channel to discuss President Trump’s hard-line immigration policy, which has led to the...


Business

Banking by smart speaker arrives, but security issues exist

Voice Assistant Banking

NEW YORK (AP) — Hey Alexa, what’s my bank account balance? Big banks and financial companies have started to offer banking through virtual assistants — Amazon’s Alexa, Apple’s Siri, and Google’s Assistant — in a way that will allow customers to check their balances, pay bills and, in the near...


Business

Australian telecom Telstra to ax 8,000 jobs to save $740M

CANBERRA, Australia (AP) — Telstra Corp., Australia’s largest telecommunications company, announced on Wednesday that it will ax 8,000 jobs — one in four employees — over three years in a bid to save 1 billion Australian dollars ($740 million). Telstra shares fell more than 7 percent in early...


Business

Survey: Companies in China feel pressure to give up tech

China Foreign Business

BEIJING (AP) — One in five foreign companies in China feels compelled to hand over technology for market access, a business group said Wednesday, highlighting a key irritant in an escalating U.S.-Chinese trade dispute. The European Union Chamber of Commerce in China’s report follows President...


Government

Commerce chief denies transactions involved insider trading

Commerce Secretary Russian Company

WASHINGTON (AP) — Commerce Secretary Wilbur Ross made a trade betting that the stock in a shipping company with Russian-government ties would fall, a transaction coming just days after he learned of a possible negative news story about his investment in the company. Ross reported on a government...


Business

AP Top Business News at 3:17 a.m. EDT

Unionized MGM workers in Las Vegas ratify contract GE to end more than 100-year run on Dow; Walgreens added Fox News Channel faces backlash from Hollywood creators Mobile carriers cut off flow of location data to brokers Commerce chief denies transactions involved insider trading South Korean...


Business

Asian stocks take a breather from trade tensions; markets up

Hong Kong Financial Markets

SINGAPORE (AP) — Asian markets were mostly higher on Wednesday as traders sidelined tariffs that the U.S. and China have threatened to impose on one another, focusing on positive housing data instead. KEEPING SCORE: Japan’s benchmark Nikkei 225 index rose 1.2 percent to 22,540.07 and South Korea’s...


Business

South Korean crypto exchange loses $31 million from hack

South Korea Crypto Exchange Hack

SEOUL, South Korea (AP) — A leading South Korean cryptocurrency exchange said Wednesday that $31 million worth of virtual currencies have been stolen by hackers, a latest in the series of recent hacks that raised security concerns. Bithumb, South Korea’s second-largest exchange, said cyberattacks...


Business

New Mexico oil and gas lease sales net record revenues

SANTA FE, N.M. (AP) — The New Mexico State Land Office has collected nearly $5 million from its most recent oil and gas lease sale, continuing a record-setting pace for the 2018 fiscal year. State Land Commissioner Aubrey Dunn said June’s sale brings fiscal year earnings-to-date to nearly $107...


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