Latest News

Business

  • Elon Musk apologizes for calling rescue diver a pedophile

    Elon Musk has apologized for calling a British diver involved in the Thailand cave rescue a pedophile. In a series of tweets late Tuesday, the Tesla CEO said he had “spoken in anger” on Sunday after diver Vern Unsworth accused Musk and SpaceX engineers of orchestrating a “PR stunt” by sending a small submarine to […]
  • Swiss drugs giant Novartis says profit up as spinoff looms

    GENEVA (AP) — Novartis says net profit rose 3 percent in the second quarter amid strong growth for some of its top products, as the Swiss pharmaceuticals giant moves to spin off its Alcon eye-care business. New CEO Vas Narasimhan touted Novartis’ plans to create a “focused medicines company,” including through the Alcon spinoff announced […]
  • Iran nuclear chief says uranium stockpile reaches 950 tons

    TEHRAN, Iran (AP) — The chief of Iran’s nuclear agency says the country’s effort to acquire uranium has resulted in a stockpile of as much as 950 tons. Ali Akbar Salehi, head of Iran’s Atomic Energy Organization, tells state TV on Wednesday that Iran has imported some 400 tons of the stuff since the 2015 […]
  • A Comic-Con without Marvel, HBO gives others a chance to pop

    Over 130,000 pop culture devotees are descending on San Diego’s Gaslamp District Wednesday for the annual four-day comic book convention Comic-Con, the big, bright, and very heavily branded cofab of costumed superfans and the corporate sponsors vying for their attention — and dollars. Interested in dining at a working replica of the “Demolition Man” Taco […]
  • Asian stocks ease after rallying on solid US performance

    SINGAPORE (AP) — Asian markets have eased after early gains as a sweep of positive news from Wall Street and beyond boosted confidence in the U.S. economy. KEEPING SCORE: Japan’s benchmark Nikkei 225 gained 0.4 percent to 22,794.19. The index had rallied 1 percent in early Wednesday trading. South Korea’s Kospi lost 0.4 percent to […]
  • Prominent sovereign citizen sentenced for federal bank fraud

    KNOXVILLE, Tenn. (AP) — A prominent sovereign citizen has been sentenced to more than four years in prison for conspiring to launder money. The Knoxville News Sentinel reports Heather Ann Tucci-Jarraf was sentenced Tuesday after delivering a 45-minute speech denying the federal judge’s jurisdiction and likening imprisonment to a “hostage situation.” She was convicted in […]
  • Lessons for next US financial crisis from 3 key ex-officials

    WASHINGTON (AP) — Three officials who played vital roles in combating the 2008 financial crisis say they worry that the painful lessons from the banking system’s near-collapse a decade ago may be forgotten. “It is important that people focus on the lessons,” said former Treasury Secretary Henry Paulson. “We are not sure people remember everything […]
  • Marriott hotels eliminating plastic straws by 2019

    DETROIT (AP) — Marriott International plans to remove plastic straws and drink stirrers from all of its 6,500 hotels and resorts worldwide by next year. The world’s largest hotel company said Wednesday that the move will eliminate approximately 1 billion straws and 250 million stirrers by July 2019. Bethesda, Maryland-based Marriott says the year-long timeframe […]
  • Lessons for next US financial crisis from 3 key ex-officials

    WASHINGTON (AP) — Three officials who played vital roles in combating the 2008 financial crisis say they worry that the painful lessons from the banking system’s near-collapse a decade ago may be forgotten. “It is important that people focus on the lessons,” says former Treasury Secretary Henry Paulson. “We are not sure people remember everything […]
  • Marriott hotels eliminating plastic straws by 2019

    DETROIT (AP) — Marriott International says it’s removing plastic straws and drink stirrers from all of its 6,500 hotels and resorts worldwide by next year. The world’s largest hotel company says the move will eliminate approximately 1 billion straws and 250 million stirrers by July 2019. Marriott says the year-long timeframe will let hotels deplete […]