BEIJING – Asian stocks were mostly higher Wednesday following overnight gains on Wall Street as investors looked ahead to a likely U.S. interest rate hike. Continue Reading Below KEEPING SCORE: The Shanghai Composite Index rose 0.3 percent to 3,289.19 and Hong Kong’s Hang Seng advanced 1 percent to 29,076.26. Tokyo’s […]
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Indonesia politician’s graft trial delayed by stomach woes
JAKARTA, Indonesia – A top Indonesian politician accused of involvement in one of the country’s biggest corruption scandals told a court on the first day of his trial he’s suffering a stomach complaint, forcing a postponement while his medical condition is checked. Continue Reading Below Lawyers for Setya Novanto, the […]
Oil recovers on big U.S. crude supply drawdown
Oil prices rose in early Asian trade on Wednesday as industry data showed a larger-than-expected drawdown in U.S. crude stockpiles. Continue Reading Below Brent crude was up 50 cents, or 0.8 percent, at $63.84 a barrel by 0152 GMT. It had settled down $1.35, or 2.1 percent, at $63.34 on […]
Minnesota announces restrictions on using herbicide dicamba
MINNEAPOLIS – Minnesota announced restrictions Tuesday on how farmers can use the herbicide dicamba in 2018, responding to complaints by soybean growers across the country that it harmed their crops this year. Continue Reading Below The Minnesota Department of Agriculture set a June 20 cutoff date for applying the herbicide […]
Value Village sues Washington attorney general over demands
SEATTLE – The company that operates 300 Value Village, Savers and other thrift stores in the U.S., Canada and Australia is suing Washington state Attorney General Bob Ferguson, saying his office has violated the company’s rights by demanding $3.2 million to settle a three-year investigation. Continue Reading Below TVI Inc., […]
Here’s Why Ford Needs a Turnaround in China
Ford Motor Company (NYSE: F) recently announced a turnaround plan for China. Its November sales showed why it needs one. Continue Reading Below Ford said its sales in China fell 8% in November from a year ago, as good sales of small and midsize sedan models didn’t come close to […]
Why Snap Inc. Fell 10% in November
What happened Continue Reading Below Shares of Snap Inc. (NYSE: SNAP) tumbled 10.1% in November, according to data from S&P Global Market Intelligence, after the company reported disappointing earnings in the third quarter and took a writedown for unsold Spectacles inventory. So what Snap managed to increase its top line […]
Cheech Marin touts state tool for California pot businesses
LOS ANGELES – Comedian and legendary stoner Cheech Marin doesn’t want your pot business to go up in smoke. Continue Reading Below That’s why he’s in a new public service announcement publicizing a California Secretary of State website for budding marijuana entrepreneurs. California on Friday began accepting applications from businesses […]
US national parks to slash number of free days for visitors
CHEYENNE, Wyo. – National parks in the U.S. will sharply drop the number of days they allow visitors to get in for free, a move that was criticized by opponents of the parks’ plan to raise entrance costs at other times of the year. Continue Reading Below After waiving fees […]
The Latest: Lawyer: Not clear Trump rules would affect women
OAKLAND, Calif. – The Latest on a court hearing in a lawsuit by California over new rules by the Trump administration allowing more employers to opt out of birth control coverage for women (all times local): Continue Reading Below 4:30 p.m. A lawyer for the U.S. Department of Justice says […]