Business

Business

Global markets, oil rise as OPEC mulls output increase

China Financial Markets

SEOUL, South Korea (AP) — Global stocks and oil prices were higher Friday as investors monitored OPEC’s discussion on increasing crude production. Caution remained, however, over trade disputes between China and the U.S. as well as between the U.S. and Europe that could hurt corporate profits and...


Business

EU retaliatory tariffs on raft of US goods go into force

Tariffs Whiskey

BRUSSELS (AP) — The European Union is enforcing tariffs on $3.4 billion in U.S. products as of Friday in retaliation to duties the Trump administration has put on European steel and aluminum. The goods targeted include typical American products like bourbon, peanut butter, and orange juice, in a...


Business

Malaysia names new central bank governor

Malaysia Central Bank

KUALA LUMPUR, Malaysia (AP) — Malaysia has named Nor Shamsiah Mohamad Yunus, an experienced former central bank official, as the new central bank governor. Finance Minister Lim Guan Eng said Friday that the king has consented to Nor Shamsiah’s appointment to head Bank Negara Malaysia from July 1...


Business

Open

CHICAGO (AP) — Early trading on the Chicago Board of Trade Fri.: OpenHighLowLastChg. WHEAT 5,000 bu minimum; cents per bushel Jul 495¾ 497½ 487 489¼ —6 Sep 506¾ 509½ 498½ 501 —5¾ Dec 523 525½ 515 517¼ —5¾ Mar 539¾ 541¼ 531½ 534 —5½ May 551 551½ 542¾ 545½ —5½ Jul 555 556¼ 547 549¾ —5½ Sep 561¾ 564¼...


Business

BC-Merc Early

CHICAGO (AP) — Early trading on the Chicago Mercantile Exchange Fri: Open High Low Last Chg. CATTLE 40,000 lbs.; cents per lb. Jun 108.57 108.57 107.92 108.00 —.65 Aug 105.85 106.07 105.52 105.72 —.40 Oct 108.75 108.95 108.37 108.70 —.30 Dec 112.20 112.57 111.95 112.55 +.18 Feb 114.85 115.22 114....


Business

Cartoonist who cited politics in firing finds new outlet

PITTSBURGH (AP) — A former Pittsburgh Post-Gazette editorial cartoonist who says he was fired because of his anti-Donald Trump drawings has found a new home for his work in Pittsburgh. A new alternative weekly, the Pittsburgh Current, said Thursday it had reached an agreement with Rob Rogers’...


Business

Panel: Teamsters at Disney World violated labor law

ORLANDO, Fla. (AP) — A labor relations panel has upheld most of a judge’s ruling that a Teamsters union representing Disney World workers committed an unfair labor practice when it ignored members’ requests to resign from the union. The three-person National Labor Relations Board panel upheld the...


Business

Supreme Court says police generally need search warrant to collect information on where

WASHINGTON (AP) — Supreme Court says police generally need search warrant to collect information on where suspects used their cellphones.


Business

City sells building to company planning Mississippi factory

ABERDEEN, Miss. (AP) — Local governments in a northeast Mississippi city are selling a building to a Georgia company that plans a 150-job factory. WCBI-TV reports that the city of Aberdeen voted Tuesday night to sell the building to Bradbury Logistics & Services for $75,000. The company makes...


Business

Oil prices and energy companies jump as US stocks advance

Financial Markets Wall Street

NEW YORK (AP) — U.S. stocks are rising Friday morning as energy companies climb along with the price of oil. Oil producers in OPEC are discussing an increase in production, a step investors have expected for the last few weeks. Industrial and basic materials companies are rising as well while...


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