China appoints US-trained central banker

China Central Bank

BEIJING (AP) — A U.S.-trained economist was appointed Monday to succeed the longtime governor of...


Tesla, SpaceX pages vanish as Musk joins #DeleteFacebook crusade

(c) 2018, Bloomberg. Elon Musk is hopping on the #DeleteFacebook digital bandwagon. The chief executive officer of Tesla Inc. and Space Exploration Technologies Corp. tweeted Friday that he wasn’t aware there was a Facebook page for his rocket company. After being asked by a Twitter user to delete...


US charges 9 Iranians in massive hacking scheme

Iranian Hackers

WASHINGTON (AP) — The Trump administration announced criminal charges and sanctions Friday against Iranians accused in a government-sponsored hacking scheme to pilfer sensitive information from hundreds of universities, private companies and American government agencies. The nine defendants,...


Trump signs $1.3 trillion budget after threatening veto

Budget Battle

WASHINGTON (AP) — President Donald Trump signed a $1.3 trillion spending measure Friday, averting a midnight government shutdown just hours after declaring he was considering a veto. Trump said he was “very disappointed” in the package, in part because it did not fully fund his plans for a border...


Dominion agrees to bury power lines in Virginia county, ending legal standoff

(c) 2018, The Washington Post. The Dominion Energy utility company has agreed to bury most of a proposed power line route in Prince William County, Virginia, beneath I-66, ending more than three years of controversy surrounding the project, which will help power a new data center complex outside...


The Humane Society's sexual harassment scandal just won't end

(c) 2018, The Washington Post. When the Humane Society of the United States announced the departure of a veteran chief executive accused of sexual harassment, some major donors and employees claimed victory - and dared to hope the animal charity had resolved a scandal that threatened its finances...


US stocks take more losses as investors fear trade war

Financial Markets

NEW YORK (AP) — Stocks are mixed in midday trading on Wall Street Friday as the market erases much of an early loss. Indexes had plunged the day before as worries about an escalating trade conflict between the U.S. and China rattled investors. The Chinese government said it might place tariffs on a...


Texas adds 7 rigs as US rig count increases to 995

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by five this week to 995. That exceeds the 809 rigs that were active this time a year ago. Houston oilfield services company Baker Hughes reported Friday that 804 rigs drilled for oil this week and 190 for gas....


The Latest: Trump vows never to sign another bill like this


WASHINGTON (AP) — The Latest on the $1.3 trillion spending bill (all times local): 1:46 p.m. President Donald Trump is warning Congress that he will “never sign another bill like this again,” as he signs a $1.3 trillion spending bill. Trump calls the omnibus legislation a “ridiculous situation,”...


Dropbox stock pop puts Kansas native in tech billionaires club

(c) 2018, Bloomberg. Dropbox Inc.‘s warm welcome from the market has minted the startup’s second billionaire. Co-founder Arash Ferdowsi’s net worth climbed to $1.1 billion Friday as shares of the file-sharing company jumped as much as 50 percent on its first day of trading. The 32-year-old Kansas...


Dropbox tops private valuation as shares soar in market debut

(c) 2018, Bloomberg. Dropbox exceeded its private valuation in its market debut, as shares soared after pricing above their marketed range in the biggest technology initial public offering of the year. Shares jumped as much as 50 percent to $31.60 apiece in New York trading, giving the file-sharing...

Older ›