Finance

Purchase of British Steel gives privately owned Chinese steelmaker Jingye chance to grow outside home market dominated by giant state-owned mills By JOE McDONALD AP Business Writer November 13, 2019, 10:19 AM 4 min read Jingye Group’s purchase of British Steel Ltd. gives the privately owned Chinese steelmaker a chance to grow outside a home […]

RIPLEY, N.Y. — Meeder’s, a cozy diner nestled in New York’s southwest corner, has seen its labor bill skyrocket in recent years amid steady increases in the state’s minimum wage. To cover the costs, its owners have lifted menu prices and bought new equipment, including a mixer that allows them to churn out their 26

Tesla CEO Elon Musk says the electric car pioneer plans to build a new factory near Berlin November 13, 2019, 8:09 AM 2 min read Tesla CEO Elon Musk says the electric car pioneer plans to build a new factory near Berlin. Musk said during an award ceremony in the German capital Tuesday evening that

Asian stocks sink after Trump threatens more China tariff hikes By JOE McDONALD AP Business Writer November 13, 2019, 6:02 AM 3 min read Asian stocks sank Wednesday after President Donald Trump threatened more tariff hikes on Chinese imports if talks aimed at ending a trade war fail to produce an interim agreement. Market benchmarks

Asian stocks sink after Trump threatens more China tariff hikes By JOE McDONALD AP Business Writer November 13, 2019, 3:53 AM 3 min read Asian stocks sank Wednesday after U.S. President Donald Trump threatened more tariff hikes on Chinese imports if talks aimed at ending a trade war fail to produce an interim agreement. Market

HONG KONG (Reuters) – Hong Kong prepared for more clashes on Wednesday as anti-government protesters planned to paralyze parts of the Asian financial hub for a third day, with transport, schools and many businesses closing after violence escalated across the city. Protesters and police battled through the night at university campuses and other locations only

The California Trucking Association has filed what appears to be the first lawsuit challenging a sweeping new labor law that seeks to give wage and benefit protections to workers in the so-called gig economy By DON THOMPSON Associated Press November 13, 2019, 1:47 AM 3 min read The California Trucking Association on Tuesday filed what

A new federal lawsuit aims to kill plans to build one of the world’s biggest methanol refineries along the Columbia River By GENE JOHNSON Associated Press November 13, 2019, 12:07 AM 3 min read A federal lawsuit filed Tuesday aims to keep one of the world’s biggest methanol refineries from being built along the Columbia

Google is working with large health care system Ascension, the latest foray into the health industry by the tech giant By RACHEL LERMAN AP Technology Writer November 12, 2019, 10:23 PM 3 min read Google announced a partnership with a large U.S. health care system aimed at modernizing its information system and providing new tools

Compass, which is valued at $6.4 billion, now has 13,000 agents, all contractors, in 238 offices across the United States. It has grown by promising some agents bonuses and 90 percent of the commissions on future deals, in an industry where 70 percent to 80 percent is standard. The breakneck growth has led to cracks.