Government business and finance

June 24, 2020 - 4:50 am
ALGIERS, Algeria (AP) — Algeria's president has reshuffled the government to try to fix growing economic problems linked to the country's dependence on oil revenues and fallout from virus-related restrictions on production, travel and trade. State news agency APS announced the changes by President...
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FILE - In this Nov. 12, 2019, file photo Roger Stone leaves federal court in Washington. A federal prosecutor is prepared to tell Congress on Wednesday, June 24, 2020, that Stone, a close ally of President Donald Trump, was given special treatment ahead of his sentencing because of his relationship with the president. (AP Photo/Manuel Balce Ceneta, File)
June 23, 2020 - 6:32 pm
WASHINGTON (AP) — A federal prosecutor is prepared to tell Congress on Wednesday that Roger Stone, a close ally of President Donald Trump, was given special treatment ahead of his sentencing because of his relationship with the president. Aaron Zelinsky, a career Justice Department prosecutor who...
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A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Tuesday, June 23, 2020. Asian shares were mostly higher on Tuesday, tracking a late rally on Wall Street led by technology shares. (AP Photo/Vincent Yu)
June 23, 2020 - 2:21 pm
Stocks headed higher in afternoon trading on Wall Street Tuesday, as investors focus on the prospects for an economic recovery as more businesses reopen after being shut down due to the coronavirus pandemic. The S&P 500 was up 0.8%, extending gains from a day earlier and on pace for its third...
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June 23, 2020 - 11:29 am
BERLIN (AP) — Facebook’s fight against German regulators was dealt a blow Tuesday after a top court agreed with antitrust authorities that the company was abusing its dominant market position in its use of users' data to better target ads. The Federal Cartel Office, or Bundeskartellamt, last year...
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FILE - In this Jan. 29, 2006, file photo, a car passes in front of a Tyson Foods Inc., sign at Tyson headquarters in Springdale, Ark. China's decision to ban imports from a single Tyson Foods poultry plant because of concerns about a coronavirus outbreak there puzzled many in the meat industry and raised concerns about whether this could threaten a major market for U.S. meat. The action China's customs agency took against the Tyson plant in Springdale, Arkansas, could have major implications for the meat industry if it were expanded because dozens of beef, pork and poultry plants have had outbreaks of the coronavirus among their workers.(AP Photo/April L. Brown, File)
June 22, 2020 - 10:54 pm
OMAHA, Neb. (AP) — China's decision to ban imports from a single Tyson Foods poultry plant where there was a coronavirus outbreak has raised concerns about the implications on the U.S. meat industry if the action is expanded to other plants. Chinese customs officials didn't hint about expanding the...
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A man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo March 13, 2020. Asian shares were mostly higher on Tuesday, June 23, 2020, tracking a late rally on Wall Street led by technology shares. (AP Photo/Eugene Hoshiko)
June 22, 2020 - 10:44 pm
TOKYO (AP) — Asian shares were mostly higher on Tuesday, recovering from some early losses as regional markets tracked a late rally on Wall Street led by technology shares. Japan's benchmark Nikkei 225 surged 0.8% to 22,621.84. Hong Kong's Hang Seng index jumped 0.9% to 24,728.76 and South Korea's...
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President Donald Trump exits Air Force One as he arrives at Tulsa International Airport on Saturday, June 20, 2020, in Tulsa, Okla. (AP Photo/Evan Vucci)
June 22, 2020 - 9:50 pm
WASHINGTON (AP) — President Donald Trump is tweeting that an initial trade agreement with China is still on after a top White House adviser's comments seemed to suggest it was over, spooking markets late Monday. Trump tweeted: “The China Trade Deal is fully intact. Hopefully they will continue to...
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FILE - In this July 29, 2015 file photo, the Puerto Rican flag flies in front of Puerto Rico's Capitol as in San Juan, Puerto Rico. A federal control board that oversees Puerto Rico’s finances submitted a proposed $10 billion budget on Thursday, June 11, 2020, as federal legislators debate whether to curtail the board’s power over the U.S. territory. (AP Photo/Ricardo Arduengo, File)
June 22, 2020 - 4:12 pm
SAN JUAN, Puerto Rico (AP) — Puerto Rico officials said Monday that a consortium of Canadian and U.S. firms will take over the transmission and distribution system of the island’s public power company in a long-awaited announcement involving one of the largest public utilities in a U.S...
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June 22, 2020 - 11:32 am
LOUISVILLE, Ky. (AP) — American whiskey distillers have watched more than $300 million in export revenues evaporate in the two years since becoming entangled in a trade dispute between the Trump administration and the European Union, according to estimates in a new report. Exports of American...
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Model homes and for sale signs line the streets as construction continues at a housing plan in Zelienople, Pa., Wednesday, March 18, 2020. U.S. home sales jumped in February to their highest level in 13 years, a trend that will almost certainly be reversed as the viral outbreak keeps more people at home. (AP Photo/Keith Srakocic)
June 22, 2020 - 9:34 am
WASHINGTON (AP) — Existing home sales in the U.S. plunged 9.7% in May. It was the third straight monthly decline and further evidence of the harm the virus pandemic has done to the housing market. The National Association of Realtors said Monday that the monthly decline pushed sales down to a...
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