Wednesday, June 28, 2017

Business News

This Tuesday, Oct. 11, 2016, photo shows the New York Stock Exchange. Technology stocks led a broad reverse in global markets on Wednesday after Samsung downgraded its profit estimates and networks company Ericsson warned on its outlook

BY ALEX VEIGA The U.S. stock market notched its biggest gain in two months Wednesday, bouncing back from losses a day earlier. Banks and other financial companies led the rally ...
In this June 16, 2014, file photo, Amazon CEO Jeff Bezos walks onstage for the launch of the new Amazon Fire Phone, in Seattle. (AP Photo/Ted S. Warren, File)

BY CATHERINE LUCEY WASHINGTON (AP) — President Donald Trump attacked The Washington Post and Amazon on Twitter Wednesday, arguing that the online retailer was not paying “internet taxes.” Trump stated ...
This Oct. 6, 2014, file photo shows an example of a home delivered meal from Blue Apron, in Concord, New Hampshire.

NEW YORK (AP) — Meal-kit delivery company Blue Apron on Wednesday slashed the price it expects to sell its shares in an initial public offering, a sign that it may ...
In this Thursday, April 27, 2017, file photo, an "Under Contract" sign is posted in front of a home for sale in Charlotte, N. Carolina.

BY JOSH BOAK WASHINGTON (AP) — Americans signed fewer contracts to buy homes in May, the third straight monthly decline and evidence that a shortage of homes for sale has ...
In this Wednesday, May 13, 2009, file photo, President Barack Obama stands with Arizona State University President Michael Crow during the trooping of the colors at the Arizona State University commencement ceremony at Sun Devil Stadium in Tempe, Ariz.

BY COLLIN BINKLEY Presidents of U.S. public colleges and universities saw their earnings climb by 5.3 percent last year, with several of them topping $1 million, according to an annual ...
This undated artist rendering provided by the George Lucas Museum of Narrative Art shows the exterior of the complex that will be built at Exposition Park near the Los Angeles Coliseum, following the Los Angeles City Council voting unanimously to allow the project to proceed, Tuesday, June 27, 2017.

BY JOHN ROGERS LOS ANGELES (AP) — The Force was with George Lucas on Tuesday as the Los Angeles City Council moved with lightsaber speed to clear the way for ...
Toshiba shareholders arrive at the venue for the annual shareholders' meeting in Chiba, east of Tokyo, Wednesday, June 28, 2017.

BY ELAINE KURTENBACH TOKYO (AP) — Toshiba Corp. said Wednesday it is suing its joint venture partner Western Digital over the U.S. company’s opposition to a plan to sell the ...
Protesters chant slogans during a rally outside the Interior Ministry in Athens, on Monday, June 26, 2017.

BY DEREK GATOPOULOS LAGONISSI, Greece (AP) — Greece is on target to tap bond markets for money again by the end of this year and exit its bailout program next ...
A man walks past an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Wednesday, June 28, 2017.

BY KELVIN CHAN HONG KONG (AP) — Shares skidded in Europe and Asia on Wednesday as investors fretted over the possibility of a policy shift toward tightening by central banks. ...
In this Thursday, Dec.18, 2014, file photograph, scientist Christopher Kistler checks on experiments in AMBR250 bio-reactors in a laboratory at the Merck company facilities in Kenilworth, New Jersey.

BY LINDA A. JOHNSON TRENTON, N.J. (AP) — Merck & Co. said Tuesday that a new type of cholesterol drug reduced heart attacks, deaths and other complications of heart disease ...
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