News

Auto

Chevrolet goes after Jeep Grand Cherokee with new Blazer

General Motors New SUV

DETROIT (AP) — Because these days you can’t have too many SUVs, General Motors is bringing back the Chevrolet Blazer. Only this time it’s not a thirsty and boxy truck like its predecessor, one of the original SUVs that was sold from the 1982 through 2005 model years. SUVs based on car underpinnings,...


Business

OPEC enters meeting that could set direction of oil prices

OPEC Meeting

Officials from major oil-producing nations are expected to agree this week to boost output, but just how much they will open the spigot — and the effect on oil prices — remain wild cards. Ministers from the Organization of the Petroleum Exporting Countries and non-OPEC nations led by Russia are...


National Business

Fed finds biggest US banks strong enough to survive shock

Fed Bank Stress Tests

WASHINGTON (AP) — The Federal Reserve says that all of the 35 largest U.S. banks are fortified enough to survive an economic shock and keep on lending. Banks’ hypothetical losses from credit cards increased in the latest “stress tests,” however. The first round of the central bank’s annual stress...


Business

High Court: Online shoppers can be forced to pay sales tax

Supreme Court Sales Tax

WASHINGTON (AP) — States will be able to force more people to pay sales tax when they make online purchases under a Supreme Court decision Thursday that will leave shoppers with lighter wallets but is a big financial win for states. Consumers can expect to see sales tax charged on more online...


Business

AP Top Business News at 10:45 p.m. EDT

Trump jabbed first, and now world hits back in trade fight Fed finds biggest US banks strong enough to survive shock OPEC enters meeting that could set direction of oil prices High Court: Online shoppers can be forced to pay sales tax What’s that extra in my online cart? Soon, maybe a sales tax...


Business

Eurozone gets deal to pave way for end to Greece's bailout

Luxembourg Eurogroup Finance

LUXEMBOURG (AP) — Eurozone nations agreed on the final elements of a plan to get Greece out of its eight-year bailout program and make its massive debt more manageable. The finance ministers of the 19 nations took daylong talks into Friday morning and reached a surprisingly hard-fought compromise...


Business

What's that extra in my online cart? Soon, maybe a sales tax

Supreme Court Sales Tax

NEW YORK (AP) — Attention shoppers: You may soon be paying more taxes on what you put in your online cart. The Supreme Court ruled Thursday that states can require online retailers to collect sales tax on purchases that come from states where they don’t have any shops, offices or warehouses. Before...


National

US stocks skid as industrials, automakers, tech trade lower

Financial Markets Wall Street

NEW YORK (AP) — Car makers and technology and industrial companies fell Thursday as investors focused on the U.S.-China trade dispute, which could reduce company spending and earnings. The Dow Jones Industrial Average slipped for the eighth day in a row. While investors generally don’t expect a...


Government

NK pledges to destroy missile test engine site

WASHINGTON (AP) — The Trump administration on Thursday identified the missile test engine site that it says North Korea has pledged to destroy, but the president’s latest comments about resolving the nuclear standoff have raised new questions about what concessions Pyongyang has made. President...


Government

Courting Putin, Trump jolts the West with a nationalist bent

Trump

WASHINGTON (AP) — As Donald Trump presses ahead with plans for a summer summit with Russia’s Vladimir Putin, the U.S. president is jolting relationships with some of America’s longest and strongest allies. Amid concerns over Trump’s apparent desire to be cozy with the Russian leader, he is pursuing...


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