Government finance

FILE - In this Jan. 9, 2019, file photo, Tesla CEO Elon Musk speaks during a meeting with Chinese Premier Li Keqiang at the Zhongnanhai leadership compound in Beijing. Electric car and solar panel maker Tesla said Friday, Jan. 18, 2019 it plans to cut its staff by about 7 percent. (AP Photo/Mark Schiefelbein, Pool, File)
January 18, 2019 - 8:46 am
Tesla will cut 7 percent of its workforce as it tries to lower prices and break out of the niche-car market to produce an electric vehicle that more people can afford. Tesla's cheapest model right now is the $44,000 Model 3, and it needs to broaden its customer base to survive. "Looking ahead at...
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Malaysian Finance Minister Lim Guan Eng speaks during a press conference at Finance Ministry in Putrajaya, Malaysia, Friday, Jan. 18, 2019. Lim said the apology by Goldman Sachs for its role in the alleged multibillion-dollar ransacking of state investment fund 1MDB was insufficient and that it has to pay $7.5 billion as compensation. (AP Photo/Vincent Thian)
January 18, 2019 - 2:32 am
PUTRAYAJAYA, Malaysia (AP) — Malaysia's Finance Minister Lim Guan Eng said Friday that an apology by Goldman Sachs for its role in the alleged multibillion-dollar ransacking of state investment fund 1MDB was insufficient and that it must pay $7.5 billion as compensation. Goldman CEO David Solomon...
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January 17, 2019 - 11:04 am
BRUSSELS (AP) — Amid deep concerns about the rule of law in Hungary and Poland, European Union lawmakers want to suspend EU funds to states that interfere in their courts or fail to tackle corruption. The lawmakers on Thursday endorsed planned new rules by a 397-158 vote with 69 abstentions. The...
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January 16, 2019 - 10:40 am
SAN JUAN, Puerto Rico (AP) — A court hearing on a major restructuring of Puerto Rico's massive debt opened on Wednesday, with protesters warning the deal would further indebt the U.S. territory and supporters arguing it would secure funds that the government urgently needs. The hearing involves...
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A woman walks toward her car in a parking lot in Putrajaya, Malaysia, Wednesday, Jan. 16, 2019. An automotive group says vehicle sales in Malaysia last year has rebounded after two years of consecutive contraction thanks to a three-month tax holiday but growth is likely to remain flat this year amid uncertainties over government policies. (AP Photo/Yam G-Jun)
January 16, 2019 - 5:39 am
KUALA LUMPUR, Malaysia (AP) — New vehicle sales in Malaysia rebounded last year after two straight years of contraction, thanks to a three-month tax holiday, but growth is likely to remain flat this year amid uncertainties over government policies, an automotive group said Wednesday. The Malaysian...
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FILE - This March 22, 2013 file photo, shows the exterior of the Internal Revenue Service building in Washington. The Internal Revenue Service is recalling about 46,000 of its employees furloughed by the government shutdown, nearly 60 percent of its workforce, to handle tax returns and pay out refunds. The employees won't be paid. (AP Photo/Susan Walsh, File)
January 15, 2019 - 4:22 pm
WASHINGTON (AP) — The Internal Revenue Service is recalling about 46,000 of its employees furloughed by the government shutdown — nearly 60 percent of its workforce — to handle tax returns and pay out refunds. The employees won't be paid. With the official start of the tax filing season coming Jan...
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January 15, 2019 - 5:41 am
NEWARK, N.J. (AP) — "Jersey Shore" cast member Mike "The Situation" Sorrentino is trading life on the beach for time behind prison bars. The 36-year-old is scheduled to report to Otisville Federal Correctional Institution in upstate New York on Tuesday to begin serving an eight-month sentence for...
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In this photo taken on Jan. 4, 2019, women pass by a new year decor outside a shopping mall in Beijing, China, China will slash taxes, step up spending and provide ample financing to private and small enterprises to help counter the country's worst slowdown since the global financial crisis amid a bruising trade war with the U.S., officials said Tuesday at a briefing on plans for 2019 that were set at an annual meeting in December. (AP Photo/Ng Han Guan)
January 15, 2019 - 12:57 am
BEIJING (AP) — China plans to slash taxes, step up spending and provide ample financing to private and small enterprises to help counter the country's worst slowdown since the global financial crisis and the impact of a bruising trade war with the U.S. The People's Bank of China is confident it can...
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FILE - In this Jan. 3, 2019, file photo, President Donald Trump, left, listens as Brandon Judd, president of the National Border Patrol Council, talks about border security after making a surprise visit to the press briefing room of the White House in Washington. Trump and Judd share an ominous view of the southern border and a certainty that a wall along the boundary is urgently needed to stop what they’ve described as a humanitarian crisis. Judd, a 21-year veteran of the U.S. Border Patrol, has helped to validate Trump’s fiery immigration rhetoric and affirm the president’s conviction the border with Mexico is a frequently lawless place. (AP Photo/Jacquelyn Martin, File)
January 14, 2019 - 4:41 pm
WASHINGTON (AP) — Brandon Judd, president of the union that represents thousands of border patrol agents, has flipped the axiom that there are no winners in a government shutdown. His proximity to President Donald Trump has elevated the union leader's profile while burnishing the image of the U.S...
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Gov. Laura Kelly, right, takes the oath of office from Chief Justice Lawton Nuss, left, on the Statehouse steps in Topeka, Kan., Monday, Jan. 14, 2019. Kelly's husband Ted Daugherty, center, holds a Bible for the ceremony. (AP Photo/Orlin Wagner)
January 14, 2019 - 1:54 pm
TOPEKA, Kan. (AP) — Kansas' new Democratic governor called Monday for the state to "forge a new chapter" of bipartisanship, arguing as she took office that the Statehouse had lost the "spirit of neighbor-helping-neighbor" under her Republican predecessors. Laura Kelly was sworn in as the state's...
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