Business

FILE- In this June 14, 2018, file photo, Tesla CEO and founder of the Boring Company Elon Musk speaks at a news conference in Chicago. For years, Tesla’s board remained almost invisible, staying behind the curtain as Musk guided the electric car maker to huge stock price increases. Now, given Musk’s recent questionable behavior, experts say it’s time for the board to step onstage and take action on the company’s leadership. (AP Photo/Kiichiro Sato, File)
August 20, 2018 - 6:55 pm
For years, Tesla's board remained almost invisible, staying behind the curtain as superstar Chairman and CEO Elon Musk guided the electric car maker to huge stock price increases. Now, given Musk's recent questionable behavior, experts say it's time for the board to step onstage and take action on...
Read More
A man falls asleep while sitting on a bench, in Caracas, Venezuela, Monday, Aug. 20, 2018. Venezuelans are bracing for dramatic economic measures the government has announced, including a more-than-3,000 percent hike in the minimum wage. The changes start to take effect Monday with introduction of a new currency that lops five zeros off the country's fast-depreciating bills. (AP Photo/Ariana Cubillos)
August 20, 2018 - 5:25 pm
CARACAS, Venezuela (AP) — Saul Jimenez just wanted to buy bread from his neighborhood bakery in Venezuela's capital on Monday. It did not go well. Banks and most other businesses were closed for the day as Venezuela launched a series of dramatic economic reforms, beginning with the release of a...
Read More
August 20, 2018 - 4:02 pm
ALLENTOWN, Pa. (AP) — Air Products has announced plans to relocate about 75 employees who work in downtown Allentown to its corporate headquarters in Trexlertown. The (Allentown) Morning Call reports that the consolidation will come about five years after about 125 of the industrial gas company's...
Read More
FILE - This July 15, 2013, file photo, shows a sign for Wall Street outside the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Monday, Aug. 20, 2018. (AP Photo/Mark Lennihan, File)
August 20, 2018 - 1:42 pm
U.S. stocks moved higher in afternoon trading Monday, on course to extend the market's gains from last week. Investors were bidding up shares in big department store chains and other consumer services companies. Industrial stocks also rose, led by airlines. Energy companies climbed along with the...
Read More
A view of the partially collapsed Morandi highway bridge, in Genoa, Italy, Sunday, Aug. 19, 2018. The unofficial death toll in Tuesday's collapse rose to 43 Saturday. (Luca Zennaro/ANSA via AP)
August 20, 2018 - 12:46 pm
GENOA, Italy (AP) — Engineering experts determined in February that corrosion of the metal cables supporting the Genoa highway bridge had reduced the bridge's strength by 20 percent — a finding that came months before it collapsed last week, an Italian newsmagazine reported Monday. Despite the...
Read More
August 20, 2018 - 9:01 am
CARACAS, Venezuela (AP) — U.S. oil giant ConocoPhillips says it has reached an agreement with Venezuela*s state-owned oil company to recover nearly $2 billion it was awarded as part of a decade-old expropriation dispute. Monday's statement from Houston-based Conoco says that PDVSA has agreed to...
Read More
FILE - In this July 3, 2017 file photo, Chairman and CEO of France's Total SA Patrick Pouyanne, seated second left, managing director of Iran's Petropars Hamid Akbari, left, CEO of National Iranian Oil Company Ali Kardor, second right, and President of China's CNPC International Lv Gongxun sing the documents of a contract to develop an Iranian gas field, as Iranian Oil Minister Bijan Zanganeh, standing at center, and Chinese ambassador to Tehran Pang Sen look on, in Tehran, Iran. Iran's oil minister said Monday, Aug. 20, 2018, that France's oil giant Total SA has pulled out of Iran after cancelling its $5 billion, 20-year agreement to develop the country's massive South Pars offshore natural gas field over renewed U.S. sanctions. (AP Photo/Vahid Salemi, File)
August 20, 2018 - 8:53 am
TEHRAN, Iran (AP) — Iran's oil minister said on Monday that France's oil giant Total SA has officially pulled out of Iran after cancelling its $5 billion, 20-year agreement to develop the country's massive South Pars offshore natural gas field over renewed U.S. sanctions. The parliament's website...
Read More
FILE - In this Sept. 2, 2015 file photo, employees work at the SodaStream factory near the Bedouin city of Rahat, Southern Israel. Beverage giant PepsiCo has bought Israel's fizzy drink maker SodaStream for $3.2 billion. PepsiCo said on Monday, Aug. 20, 2018, that it is acquiring all SodaStream's outstanding shares at $144 per share, a 32 percent premium to the 30-day volume weighted average price. (AP Photo/Dan Balilty, File)
August 20, 2018 - 8:24 am
JERUSALEM (AP) — Beverage giant PepsiCo on Monday purchased Israel's fizzy drink maker SodaStream for $3.2 billion, a boon for a company that has enjoyed a resurgence after being targeted by anti-Israel boycotters in the past. PepsiCo said it was acquiring all SodaStream's outstanding shares at $...
Read More
People walk past an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Monday, Aug. 20, 2018. Asian stocks are mostly higher Monday as investors welcomed signs of progress in resolving the trade dispute between the U.S. and China. (AP Photo/Vincent Yu)
August 20, 2018 - 5:33 am
TOKYO (AP) — Global stocks were mostly higher Monday as investors welcomed signs of progress in resolving the trade dispute between the U.S. and China. The Wall Street Journal reported the countries hope to have a resolution by November. KEEPING SCORE: France's CAC 40 edged up nearly 0.6 percent in...
Read More
August 20, 2018 - 12:23 am
WASHINGTON (AP) — U.S. business economists are concerned about the risks of some of President Donald Trump's economic policies, saying they fear his tariffs and higher budget deficits could eventually slow the economy. More than 90 percent of economists surveyed by the National Association for...
Read More

Pages