Finance

Distillers won a reprieve from Congress on Tuesday, as lawmakers moved closer to approving a one-year extension for a popular tax cut that benefits certain alcohol producers. The extension was tucked into a broader package of tax and spending changes that lawmakers are expected to vote on this week. Congress must pass the agreement by […]

European space officials have postponed the launch of a three-year mission to study planets in other solar systems shortly before it was due to blast off December 17, 2019, 5:53 PM 2 min read SAN JUAN, Puerto Rico — European space officials on Tuesday postponed the launch of a three-year mission to study planets in

Six senior executives are being ousted at at Bed Bath & Beyond, the first major maneuver by a new CEO that the retailer recruited from Target By MICHELLE CHAPMAN AP Business Writer December 17, 2019, 1:51 PM 2 min read TRENTON, N.J. — Six senior executives were ousted at at Bed Bath & Beyond, the

 Construction of new homes rose in November while applications for building permits rose to the highest level in 12 years By MARTIN CRUTSINGER AP Economics Writer December 17, 2019, 1:53 PM 2 min read WASHINGTON — Construction of new homes rose again in November while applications for building permits rose to the highest level in

A senior Russian government official is visiting Syria to discuss investment plans December 17, 2019, 11:37 AM 2 min read MOSCOW — Russia is considering a slew of major commercial projects in Syria, a senior Russian official said Tuesday. Deputy Prime Minister Yuri Borisov said after meeting with Syrian President Bashar Assad in Damascus that

A bipartisan deal on a government spending bill would for the first time in two decades provide money for federal research on gun safety By MATTHEW DALY Associated Press December 16, 2019, 10:08 PM 3 min read WASHINGTON — A bipartisan deal on a government spending bill would for the first time in two decades

Pacific Gas & Electric will have to quickly overhaul a complex plan to address more than $50 billion in wildfire claims to get California Gov. Gavin Newsom’s support By MICHAEL LIEDTKE AP Business Writer December 17, 2019, 12:27 AM 4 min read SAN FRANCISCO — Pacific Gas & Electric Co. will have to quickly overhaul

The message to Boeing Co. from the Federal Aviation Administration was clear: The grounded 737 Max won’t get approval to fly again anytime soon. So the company had little choice but to idle the giant factory where the plane is made. Boeing announced Monday that it will suspend production of the Max starting sometime in

Asian shares are rising following a rally on Wall Street that sent the major indexes to record highs, cheered by surprisingly strong economic reports out of China By YURI KAGEYAMA AP Business Writer December 17, 2019, 2:38 AM 3 min read TOKYO — Asian shares rose Tuesday following a rally on Wall Street that sent

CHICAGO — Boeing Co. said Monday that it will temporarily stop producing its grounded 737 Max jet starting in January as it struggles to get approval from regulators to put the plane back in the air. The Chicago-based company said production would halt at its plant with 12,000 employees in Renton, Washington, near Seattle. But