Business

July 17, 2018 - 10:22 am
BERLIN (AP) — A Dutch company that presented the world's first lab-grown beef burger five years ago said Tuesday it has received funding to pursue its plans to make and sell artificially grown meat to restaurants from 2021. Mosa Meat said it raised 7.5 million euros ($8.8 million), mainly from M...
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FILE- In this Aug. 3, 2017, file photo, Myrtice Harris applies tape to a package before shipment at an Amazon fulfillment center in Baltimore. Amazon's Prime Day starts July 16, 2018, and will be six hours longer than last year's and will launch new products. (AP Photo/Patrick Semansky, File)
July 17, 2018 - 10:19 am
NEW YORK (AP) — Amazon is hoping customers don't see any more dogs, after early problems on Prime Day meant people trying to shop got only images of cute canines delivering an apologetic message. The snags Monday on its much-hyped Prime Day were an embarrassment for the tech company on the shopping...
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July 17, 2018 - 10:14 am
The Food and Drug Administration wants to make it easier for some common medicines to be sold without a prescription. The agency proposed new guidelines Tuesday for drugmakers who want to switch prescription drugs to over the counter. In a statement, FDA Commissioner Dr. Scott Gottlieb said the...
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July 17, 2018 - 9:26 am
BERLIN (AP) — Germany is hosting European Union-brokered talks between Moscow and Kiev on the future transit of Russian gas through Ukraine after the current contract expires next year. German Economy Minister Peter Altmaier met Tuesday with Russia's energy minister, Ukraine's foreign minister and...
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FILE- In this July 11, 2018, file photo a worker assembles interior cabinets for a boat at Regal Marine Industries in Orlando, Fla. On Tuesday, July 17, the Federal Reserve reports on U.S. industrial production for June. (AP Photo/John Raoux, File)
July 17, 2018 - 9:19 am
WASHINGTON (AP) — U.S. industrial production rebounded last month after being dragged down in May by a fire at an auto parts plant. The Federal Reserve said Tuesday that industrial production — which includes output at factories, mines and utilities — climbed 0.6 percent in June, recovering from a...
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FILE- In this Aug. 3, 2017, file photo, packages pass through a scanner at an Amazon fulfillment center in Baltimore. Amazon's Prime Day starts July 16, 2018, and will be six hours longer than last year's and will launch new products. (Photo/Patrick Semansky, File)
July 17, 2018 - 9:06 am
MADRID (AP) — Amazon workers in Spain and Germany called for strikes Tuesday over salary and working conditions to coincide with the online retailer's global sales event, Prime Day. The CCOO and CGT workers' unions in Spain said that nearly 80 percent of the workers walked off their positions at...
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Spectators watch an Airbus 400M take part in a flying display at the Farnborough Airshow in Farnborough, England, Monday, July 16, 2018. (AP Photo/Matt Dunham)
July 17, 2018 - 8:58 am
LONDON (AP) — U.S.-based defense contractor Raytheon says it remains committed to Britain amid the political turmoil surrounding the country's departure from the European Union. John Harris, chief executive of Raytheon's international unit, told The Associated Press that the company, whose U.K...
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FILE - In this Dec. 13, 2016, file photo, the logo for Goldman Sachs appears above a trading post on the floor of the New York Stock Exchange. Goldman Sachs reports earnings Tuesday, July 17, 2018. (AP Photo/Richard Drew, File)
July 17, 2018 - 8:08 am
NEW YORK (AP) — Goldman Sachs says profits jumped 44 percent in the second quarter compared with a year ago, driven by the investment bank's core franchises: advising companies on mergers, acquisitions and other deals, and its trading business. The New York-based bank said Tuesday that earnings...
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A man walks by an electronic stock board of a securities firm in Tokyo, Tuesday, July 17, 2018. Asian markets fell on Tuesday as mounting tensions over U.S. tariffs overshadowed data suggesting global growth was still on track. (AP Photo/Koji Sasahara)
July 17, 2018 - 7:43 am
SINGAPORE (AP) — World markets turned lower on Tuesday as investors looked ahead to Federal Reserve Chairman Jerome Powell's testimony to Congress for clues on U.S. interest rates. KEEPING SCORE: Germany's DAX shed 0.2 percent to 12,537 and the CAC 40 in France was down 0.4 percent at 5,3889. The...
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FILE - This Tuesday, Oct. 16, 2012, file photo, shows a portion of the UnitedHealth Group Inc.'s campus in Minnetonka, Minn. UnitedHealth Group reports earnings Tuesday, July 17, 2018. (AP Photo/Jim Mone, File)
July 17, 2018 - 7:12 am
UnitedHealth Group's second quarter earnings beat Wall Street expectations, helped by a surge in government-funded coverage, and the nation's largest health insurer hiked its 2018 forecast again. UnitedHealth now expects adjusted earnings to range between $12.50 and $12.75 per share. That's up from...
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