NEW YORK (AP) — A deepening slump in prices for oil, metals and other commodities sent stock prices lower on Thursday. Major market indexes opened lower and the selling accelerated as the day wore on. The drop in oil and metals prices hurt mining, metals and energy stocks. Stocks began sliding early this month and … Continue reading
LONDON (AP) — It’s no fun being in the middle. Heineken, Molson Coors and Carlsberg are storied brewers that trace their roots back hundreds of years and have loyal drinkers around the world. But the merger of their two biggest competitors leaves such mid-size brewers without a clear way forward. They find themselves squeezed between … Continue reading
NEW YORK (AP) — An aging mobster who stayed mostly in the shadows for decades by adhering to the Mafia’s strict code of silence was acquitted Thursday of charges he helped plan a legendary 1978 Lufthansa heist retold in the hit film “Goodfellas.” A federal jury reached the surprising verdict at a Brooklyn racketeering trial … Continue reading
LONDON (AP) — British and U.S. officials said Wednesday they have information suggesting the Russian jetliner that crashed in the Egyptian desert may have been brought down by a bomb, and Britain said it was suspending flights to and from the Sinai Peninsula as a precaution. Intercepted communications played a role in the tentative conclusion … Continue reading
WASHINGTON (AP) — The Obama administration says it is continuing a review of the proposed Keystone XL oil pipeline, despite a request by the project’s developer to suspend the review. State Department spokesman John Kirby says the department advised TransCanada on Wednesday of its decision to continue the review. The State Department has jurisdiction over … Continue reading
NEW YORK (AP) — Vice Media is adding a U.S. cable channel to its digital video empire as it tries to gain viewers in old as well as new media. The network, tentatively called “Viceland,” is “the next step in the evolution of our brand and the first step in our global roll-out of networks … Continue reading
LOS ANGELES (AP) — Nothing beats athletes clashing on the field for impressive TV ratings, but the skirmishes of CNBC’s Republican debate came close. NFL programming and baseball’s World Series dominated last week’s ratings, taking seven of the top 20 spots, the Nielsen company said Tuesday, Viewers also were drawn to the debate with leading … Continue reading
SAN FRANCISCO (AP) — Netflix is raising the price of its Internet video service by $1 for new customers in the U.S., Canada and some Latin America countries to help cover its escalating costs for shows such as “House of Cards” and other original programming. The new price of $10 per month for Netflix’s standard … Continue reading
WASHINGTON (AP) — President Barack Obama promised Hispanic leaders on Thursday he’ll continue to champion a comprehensive change to the nation’s immigration laws and said America’s greatness comes from building opportunities, not walls. While prospects for an immigration overhaul are negligible during the remainder of his presidency, Obama used the speech to highlight differences with … Continue reading
CAIRO (AP) — Egyptian authorities promised Thursday they would move quickly to get new radar equipment needed to search for Queen Nefertiti’s tomb amid a new theory it could be in an alleged, hidden chamber behind King Tutankhamun’s tomb in the famed Valley of the Kings. The theory, presented this summer by British Egyptologist Nicholas … Continue reading
PORTLAND, Ore. (AP) — The latest on the start of recreational marijuana sales in Oregon (all times local): 10:15 a.m. Marijuana shops are reporting brisk business on the first day of legal recreational sales in Oregon. Brad Zusman, co-owner of Canna Daddy’s, a store in Portland, said Thursday that pot was sold to more than … Continue reading
WASHINGTON (AP) — The deadline for Congress to increase the government’s borrowing limit is coming earlier than expected, moving up to about Nov. 5. That means the issue likely must be addressed before House Speaker John Boehner, R-Ohio, leaves Congress at the end of October. Three weeks ago, Treasury Secretary Jacob Lew issued a less … Continue reading
SAN FRANCISCO (AP) — A group of mostly black women filed a racial discrimination lawsuit Thursday after they were removed from a train that tours Napa Valley wineries, saying it was humiliating to be thrown off a rail car when loud and inebriated white passengers were allowed to stay. The 11 women sued Napa Valley … Continue reading
WASHINGTON (AP) — The Obama administration on Thursday established stricter limits on the smog-causing pollution linked to asthma and respiratory illness, drawing swift condemnation from business leaders and Republicans who warned of damage to the economy. The Environmental Protection Agency said the new standard of 70 parts per billion will reduce exposure to dangerous ozone … Continue reading
WASHINGTON (AP) — The head of Volkswagen Group of America will testify before a House subcommittee Oct. 8. Volkswagen AG has admitted using a piece of engine software to cheat on diesel car emissions tests in the U.S., where authorities say there are 482,000 such cars. The company says that up to 11 million vehicles … Continue reading
Spartan Echo 