WASHINGTON | IMF says trade tensions, debt load threaten world economy

WASHINGTON | April 21, 2018 (AP)(STL.News)  The International Monetary Fund’s policymaking committee said Saturday that a strong world economy is threatened by increasing tension over trade and countries’ heavy debt burden. Longer-term prospects are clouded The post WASHINGTON | IMF says trade tensions, debt load threaten world economy appeared first…

WASHINGTON | US calls on IMF to do more to address unfair trade practices

WASHINGTON | April 21, 2018 (AP)(STL.News) Treasury Steven Mnuchin wants the International Monetary Fund to do more to address what the Trump administration says are unfair trade practices and says the World Bank should steer cheap The post WASHINGTON | US calls on IMF to do more to address unfair trade…

WASHINGTON | The Latest: Mnuchin urges lending shift to poorer countries

WASHINGTON | April 21, 2018 (AP)(STL.News)  The Latest on the global finance meetings in Washington (all times local): 11:25 a.m. Treasury Secretary Steven Mnuchin (mih-NOO’-shin) is urging the International Monetary Fund and the World Bank The post WASHINGTON | The Latest: Mnuchin urges lending shift to poorer countries appeared first…

EVERETT, Wash | Suburban Seattle getting rare, private US airport terminal

EVERETT, Wash. | April 21, 2018 (AP)(STL.News)  An entrepreneur wants to bring a global trend to the U.S. and put commercial airport terminals in the hands of private companies instead of the government. Starting in The post EVERETT, Wash | Suburban Seattle getting rare, private US airport terminal appeared first…

WASHINGTON | US defends tough trade stance at global finance meeting

WASHINGTON | April 20, 2018 (AP)(STL.News) The United States is resisting pressure to back off President Donald Trump’s tough America First trade policy at a meeting of global finance leaders worried about the threat of The post WASHINGTON | US defends tough trade stance at global finance meeting appeared first…

WASHINGTON | The Latest: Global leaders fear rising trade tensions

WASHINGTON | April 20, 2018 (AP)(STL.News)  The latest from the spring meetings of the Group of 20 major economies, the 189-nation International Monetary Fund and its sister lending institution, the World Bank. (All times local) The post WASHINGTON | The Latest: Global leaders fear rising trade tensions appeared first on…

POINT PLEASANT BEACH, N.J | New Jersey governor signs drill ban to thwart Trump plan

POINT PLEASANT BEACH, N.J. | April 20, 2018 (AP)(STL.News)  On the anniversary of the largest marine oil spill in the petroleum industry, New Jersey Gov. Phil Murphy signed a bill Friday prohibiting oil and natural The post POINT PLEASANT BEACH, N.J | New Jersey governor signs drill ban to thwart…

BENTONVILLE, Ark | Walmart tests new employee dress code at some stores

BENTONVILLE, Ark. | April 20, 2018 (AP)(STL.News)  Retail giant Walmart is testing a new dress code that gives employees more freedom. Under the pilot program at fewer than 100 stores, workers can wear solid color The post BENTONVILLE, Ark | Walmart tests new employee dress code at some stores appeared…

NEW YORK | Audit clears Facebook despite Cambridge Analytica leaks

NEW YORK | April 20, 2018 (AP)(STL.News)  An audit of Facebook’s privacy practices for the Federal Trade Commission found no problems even though the company knew at the time that a data-mining firm improperly obtained The post NEW YORK | Audit clears Facebook despite Cambridge Analytica leaks appeared first on…

LONDON | UK teen jailed for targeting CIA chief’s phone, email

LONDON | April 20, 2018 (AP)(STL.News) A British teenager has been jailed for two years for compromising the email and phone accounts of senior U.S. government officials in what a judge called acts of “cyber-terrorism.” Prosecutors The post LONDON | UK teen jailed for targeting CIA chief’s phone, email appeared first…

COPENHAGEN, Denmark | Brexit pushes European dairy giant to make cuts

COPENHAGEN, Denmark | April 20, 2018 (AP)(STL.News)  A major European dairy cooperative says that currency swings caused by Brexit are among the reasons it has to cut costs by over 400 million euros ($495 million) The post COPENHAGEN, Denmark | Brexit pushes European dairy giant to make cuts appeared first…

SEOUL, South Korea | Stock markets steady, oil slips after Trump slams OPEC

SEOUL, South Korea| April 20, 2018 (AP)(STL.News) Global stock markets were subdued Friday amid worries over trade and after a major supplier to Apple forecast continued weak demand for mobile devices. Futures for crude oil The post SEOUL, South Korea | Stock markets steady, oil slips after Trump slams OPEC…

WASHINGTON | Lagarde urges countries to settle trade disputes, cut debt

WASHINGTON | April 20, 2018 (AP)(STL.News) The head of the International Monetary Fund is urging countries to work out their differences over trade and take advantage of a healthy world economy to reduce debt before The post WASHINGTON | Lagarde urges countries to settle trade disputes, cut debt appeared first…

BEIJING | ZTE protests ‘unfair’ US penalty, says it’s seeking solution

BEIJING | April 19, 2018 (AP)(STL.News) Chinese tech company ZTE said Friday it wouldn’t accept an “unfair” U.S. penalty in a case involving exports of telecoms equipment to North Korea and Iran, and is seeking The post BEIJING | ZTE protests ‘unfair’ US penalty, says it’s seeking solution appeared first…

SEOUL, South Korea | Asian shares fall back on trade worries, tech outlook

SEOUL, South Korea   | April 19, 2018 (AP)(STL.News) Shares are lower in Asia after a major supplier to Apple forecast continued weak demand for mobile devices. A warning by the head of the IMF over The post SEOUL, South Korea | Asian shares fall back on trade worries, tech outlook…

NEW YORK | Reports: Wells Fargo to be fined $1B as early as Friday

NEW YORK  | April 19, 2018 (AP)(STL.News) Federal regulators plan to fine Wells Fargo as much as $1 billion as early as Friday for abuses tied to its auto-lending and mortgage businesses, The New York The post NEW YORK | Reports: Wells Fargo to be fined $1B as early as…

NEW YORK | Kushner Cos. subpoenaed by feds after AP report

NEW YORK| April 19, 2018 (AP)(STL.News)The Kushner Cos. confirmed Thursday it was subpoenaed by federal prosecutors for information related to an Associated Press report that the company filed dozens of false documents about its buildings The post NEW YORK | Kushner Cos. subpoenaed by feds after AP report appeared first…

Correction: Obit-Mellon story

April 19, 2018 (AP)(STL.News)  In a story April 17 about the death of Matthew Mellon, The Associated Press reported erroneously that Mellon had died at a rehabilitation center in Cancun, Mexico. Police have confirmed that The post Correction: Obit-Mellon story appeared first on STL.News.

DALLAS | Southwest Airlines sought more time for engine inspections

DALLAS | April 19, 2018 (AP)(STL.News)  Southwest Airlines sought more time last year to inspect fan blades like the one that snapped off during one of its flights Tuesday in an engine failure that left The post DALLAS | Southwest Airlines sought more time for engine inspections appeared first on…

LAS VEGAS | Suspect in Vegas casino picnic shooting arrested in Texas

LAS VEGAS | April 19, 2018 (AP)(STL.News)  A former Las Vegas Strip casino dealer on the run for days after authorities say he opened fire on a picnic for a group of fellow employees, killing The post LAS VEGAS | Suspect in Vegas casino picnic shooting arrested in Texas appeared…

LONDON | UK mulls plan to ban plastic straws and cut waste

LONDON | April 18, 2018 (AP)(STL.News)  Britain’s government wants to take action to ban plastic straws, drink stirrers and cotton buds — and is urging other Commonwealth nations to follow suit. Prime Minister Theresa May The post LONDON | UK mulls plan to ban plastic straws and cut waste appeared…

FORT DIX, N.J | ‘Pharma Bro’ moves to New Jersey _ for federal prison stay

FORT DIX, N.J. | April 18, 2018 (AP)(STL.News)  The pharmaceutical-industry entrepreneur vilified for jacking up the price of a life-saving drug was moved Tuesday to a low-security federal prison in New Jersey. Martin Shkreli was The post FORT DIX, N.J | ‘Pharma Bro’ moves to New Jersey _ for federal…

US stocks move broadly lower in early trading; Oil climbs

| April 18, 2018 (AP)(STL.News)  U.S. stocks were broadly lower in early trading Thursday, weighed down by losses in technology companies and makers of consumer products. Banks bucked the trend, climbing along with bond yields. The post US stocks move broadly lower in early trading; Oil climbs appeared first on…

LONDON | Global stocks take a breather as oil price rally continues

LONDON| April 19, 2018 (AP)(STL.News) Global stock markets traded in fairly narrow ranges Thursday following a solid rebound based on waning fears about a trade war. Oil prices though pushed ahead to touch fresh multi-year The post LONDON | Global stocks take a breather as oil price rally continues appeared…

FedEx Express Launches the First Route Connecting Guangzhou, China and Memphis, Tennessee, U.S.A.

HONG KONG – FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, announced the launch of a new route which, for the first time, connects the FedEx APAC The post FedEx Express Launches the First Route Connecting Guangzhou, China and Memphis, Tennessee, U.S.A.…

PALM BEACH, Fla. | Trade issues expose the limits of Trump-Abe ‘bromance’

PALM BEACH, Fla. | April 18, 2018 (AP)(STL.News) Japanese Prime Minister Shinzo Abe courted the new American president with a golden driver not long after Donald Trump won the White House. He’s met with the The post PALM BEACH, Fla. | Trade issues expose the limits of Trump-Abe ‘bromance’ appeared…

HONG KONG | Asian shares higher on optimism about global growth

HONG KONG| April 18, 2018 (AP)(STL.News)Asian shares rose on Thursday as improving optimism about the global economy helped investors shake off worries about geopolitical risks for the moment. KEEPING SCORE: Japan’s benchmark Nikkei 225 index The post HONG KONG | Asian shares higher on optimism about global growth appeared first…

MIAMI | School shooting survivor calls for investment firm boycott

MIAMI  | April 18, 2018 (AP)(STL.News)  A survivor of a mass shooting that killed 17 at a Florida high school in February is calling for a boycott of two of what he says are the The post MIAMI | School shooting survivor calls for investment firm boycott appeared first on…

NEW YORK | Atlantic City’s Hard Rock casino resort announces June 28 opening date

NEW YORK  | April 18, 2018 (AP)(STL.News)  Hard Rock will open its Atlantic City casino resort on June 28. Jim Allen, the global entertainment and hospitality company’s CEO, made the announcement Wednesday at Hard Rock’s The post NEW YORK | Atlantic City’s Hard Rock casino resort announces June 28 opening…

Ford launches Goride Service to get patients to their medical appointments

Ford Motor Company is launching its new GoRide non-emergency medical transportation service to safely get patients to and from their medical appointments on time, serving more than 200 facilities across the Beaumont Health network Ford The post Ford launches Goride Service to get patients to their medical appointments appeared first…