Tuesday, January 17, 2017

Business News

A worker sits by a billboard depicting the Central Business District under construction in Beijing, China, Monday, Jan. 16, 2017. (AP Photo/Ng Han Guan)

BY JOE McDONALD BEIJING (AP) — The International Monetary Fund on Monday raised its growth forecast for China but warned that rising debt which has prompted concern about the country’s ...
In this Tuesday, Dec. 13, 2016 file photo, Bill Gates arrives to Trump Tower in New York. (AP Photo/Seth Wenig, file)

DAVOS, Switzerland (AP) — The eight individuals who own as much as half of the rest of the planet are all men, and have largely made their fortunes in technology. ...
The advertising screens at Piccadilly Circus, central London, after they were switched off in preparation for redevelopment Monday Jan. 16, 2017. (Dominic Lipinski/PA via AP)

LONDON (AP) — The lights have gone out at Piccadilly Circus. The famous electronic advertising signboard in central London went dark Monday for several months of renovation. It’s the longest ...
This file photo provided by NerdWallet shows Liz Weston, a columnist for personal finance website NerdWallet.com. (Dylan Entelis/NerdWallet via AP, File)

BY LIZ WESTON Most retirement advice has a flaw: It’s being given by people who haven’t yet retired. So I asked money experts who have quit the 9-to-5 for their ...
In this Monday, Dec. 19, 2016, file photo, International Monetary Fund Managing Director Christine Lagarde makes a statement at a news conference, in Washington. (AP Photo/Cliff Owen, File)

BY MARTIN CRUTSINGER WASHINGTON (AP) — The International Monetary Fund is raising its forecast for the U.S. economy this year and in 2018, reflecting an expected boost from the economic ...
In this Thursday, Dec. 15, 2016 file photo, President-elect Donald Trump speaks during a rally at the Giant Center, in Hershey, Pa. (AP Photo/Matt Rourke, File)

BY STEVE PEOPLES NEW YORK (AP) — Wading into foreign affairs days before his inauguration, President-elect Donald Trump said Britain’s decision to leave the European Union would “end up being ...
German Foreign Minister Frank-Walter Steinmeier, right, talks with British Foreign Secretary Boris Johnson, left, and Luxembourg's Foreign Minister Jean Asselborn during an EU foreign ministers meeting at the EU Council in Brussels on Monday, Jan. 16, 2017. (AP Photo/Geert Vanden Wijngaert)

BY KIRSTEN GRIESHABER and RAF CASERT BERLIN (AP) — European Union nations reacted with surprise and defiance Monday to comments made by President-elect Donald Trump, who said in an interview ...
In this Friday, Jan. 13, 2017 photo, workers unload bricks at a brick-making factory in Naypyitaw, Myanmar. (AP Photo/Aung Shine Oo, File)

BY PAN PYLAS DAVOS, Switzerland (AP) — The gap between the super-rich and the poorest half of the global population is starker than previously thought, with just eight men, from ...
Britain's Prime Minister Theresa May looks out of 10 Downing Street as she wait for the arrival the Prime Minister of New Zealand Bill English at 10 Downing Street in London, Friday, Jan. 13, 2017. (AP Photo/Frank Augstein)

BY JILL LAWLESS LONDON (AP) — The British pound fell to a three-month low on Monday amid reports Prime Minister Theresa May is about to set the U.K. on the ...
A man is reflected on the electronic board of a securities firm in Tokyo, Monday, Jan. 16 2017. (AP Photo/Koji Sasahara)

BY YURI KAGEYAMA TOKYO (AP) — Global shares were mostly lower Monday amid worries about Britain’s exit from the European Union and a downgrade of Italy’s credit rating. Takata’s shares ...
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