Justice Dept. expected to file antitrust action vs. Google
WASHINGTON (AP) — The Justice Department is expected to bring an antitrust action against Google in coming weeks, focusing on its dominance in online search and whether it was used to stifle competition and hurt consumers, a person familiar with the matter told The Associated Press Thursday.
US stocks end higher as market volatility continues
Stocks eked out modest gains Thursday even as volatility continued to be the dominant force in Wall Street's tumultuous September.
Stuck at sea: Nations urged to help virus-stranded mariners
PARIS (AP) — Another COVID-19 problem that the U.N. is trying to solve: how to help more than 300,000 merchant mariners who are trapped at sea because of coronavirus restrictions.
BMW fined $18 million for inflating monthly US sales figures
DETROIT (AP) — BMW will pay an $18 million fine to settle allegations that it inflated its monthly U.S. sales numbers for five straight years.
Fraud, backlogs disrupt US unemployment benefit payments
WASHINGTON (AP) — Many American workers applying for unemployment benefits after being thrown out of a job by the coronavirus face a new complication: States' efforts to prevent fraud have delayed or disrupted their payments.
Iowa fines beef plant $957 after huge coronavirus outbreak
IOWA CITY, Iowa (AP) — Iowa regulators have issued their first citation to a meatpacking plant with a large coronavirus outbreak that sickened its workforce — a $957 fine for a minor record-keeping violation.
Mnuchin and Powell back jobless aid and small business loans
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell said Thursday that the government’s top priorities in any new economic relief package should be to provide affordable loans to small businesses and further support for millions of Americans still unemployed.
UK announces new plan to help workers hit by pandemic
LONDON (AP) — Britain’s treasury chief announced a new income support program Thursday for workers hurt by the coronavirus pandemic, as the government races to prevent widespread layoffs when earlier employer subsidies end next month.
Wildfires taint West Coast vineyards with taste of smoke
TURNER, Ore. (AP) — Smoke from the West Coast wildfires has tainted grapes in some of the nation's most celebrated wine regions with an ashy flavor that could spell disaster for the 2020 vintage.
Court convicts 12 over tennis-playing protest at Swiss bank
GENEVA (AP) — A Swiss appeals court on Thursday convicted a dozen environmental activists who took part in a rogue tennis match inside a Lausanne branch of Credit Suisse to protest the Swiss bank's links to the petrochemicals sector.
Sales of new homes surge 4.8% in August
NEW YORK (AP) — Demand for new homes continues to surge despite an ongoing pandemic and lingering anxiety about the U.S. economy.
Boris Becker denies criminal bankruptcy claims in London
LONDON (AP) — Former tennis star Boris Becker appeared in a London court Thursday, pleading not guilty to a string of criminal charges related to his bankruptcy case.
IPOs head for banner year on stock market's strength
Companies that cater to the “new normal” of working and shopping from home are rushing to go public. 2020 could turn out to be the best year for the IPO market in two decades.
Chinese company says coronavirus vaccine ready by early 2021
BEIJING (AP) — A Chinese pharmaceutical company said Thursday the coronavirus vaccine it is developing should be ready by early 2021 for distribution worldwide, including the United States.
Lufthansa to try out pre-flight corona tests on routes to US
FRANKFURT, Germany (AP) — German airline Lufthansa says it will test the practice of offering on-the-spot coronavirus tests before boarding intercontinental flights in an attempt to find a way to get long-haul passengers flying again.
Palm oil labor abuses linked to world’s top brands, banks
PENINSULAR MALAYSIA (AP) — Jum’s words tumble out over the phone, his voice growing ever more frantic. Between sobs, he says he’s trapped on a Malaysian plantation run by government-owned Felda, one of the world’s largest palm oil companies.
Facebook oversight board to start operating in October
LONDON (AP) — Facebook's long-awaited oversight board that will act as a referee on whether specific content is allowed on the tech giant's platforms is set to launch in October.
Drug companies work jointly to boost vaccine confidence
LONDON (AP) — Two firms developing COVID-19 vaccines say pharmaceutical companies are trying to give the public as much information as possible about their testing regimes as drugmakers and public health officials seek to boost confidence that any approved vaccine will be safe.
German economy rebounding, faces risk from virus resurgence
FRANKFURT, Germany (AP) — A widely watched indicator of German business confidence has risen for a fifth month in a row as Europe's largest economy rebounds from the coronavirus shutdowns - but the index remains below its long term average and uncertainty is high with virus cases rising.
Tiny Rubik's Cube goes on sale in Japan for anniversary
TOKYO (AP) — A tiny but playable Rubik’s Cube, so little it fits on your fingertip, has gone on sale in Japan for 198,000 yen, or about $1,900, for delivery starting in December.
Asian shares fall as caution sets in after Wall St retreat
Asian shares were mostly lower Thursday as caution set in after a retreat on Wall Street driven by a decline in technology shares.
China auto show forging ahead under anti-virus controls
BEIJING (AP) — The first event for the CEO of Swedish electric car brand Polestar at this month’s Beijing auto show: A two-week quarantine in a hotel.
California is ready to pull the plug on gas vehicles
SACRAMENTO, Calif. (AP) — California will ban the sale of new gasoline-powered passenger cars and trucks in 15 years, Gov. Gavin Newsom announced Wednesday, establishing a timeline in the nation's most populous state that could force U.S.
Australian bank agrees to $919M fine for money laundering
CANBERRA, Australia (AP) — Westpac, Australia’s second-largest bank, agreed to pay a 1.3 billion Australian dollar ($919 million) fine for breaches of anti-money laundering and counterterrorism financing laws, the largest ever civil penalty in Australia, a financial crime regulator said on Thursday.
US experts vow ‘no cutting corners’ as vaccine tests expand
WASHINGTON (AP) — A huge international study of a COVID-19 vaccine that aims to work with just one dose is getting underway as top U.S.