Business

Can artificial intelligence help with email?

Hand Moving Email Between Two Document Stacks

A fully capable AI solution to answering emails is likely years away, but companies such as Google,...

Business

Chinese express doubts about US relations under Trump

BEIJING (AP) — Citizens of China’s capital Beijing are expressing doubts about President Donald Trump’s ability to steer the U.S. economy and manage China-American relations. Aaron Wang, who works for a logistics company, said Saturday he hoped for the best but would take a wait-and-see attitude,...


State

Sundance festival stars and movie buffs boost liquor sales

2017 Sundance Film Festival-1

SALT LAKE CITY (AP) — As the stars and movie enthusiasts flock to Park City for the Sundance Film Festival that kicks into high gear this weekend, sales at Utah’s state-run liquor sales in the area have spiked with high demand for some of the pricier cognacs and whiskeys. Park City...


Business

Trump takes away FHA mortgage insurance premium cut not long after being sworn

(c) 2017, The Washington Post. WASHINGTON - In one of the first undertakings of his administration, President Donald Trump issued an administrative order to suspend one of the Obama administration’s final acts. The move undid the quarter-point decrease in the FHA mortgage insurance premium that was...


Business

Canada hopeful TPP can survive without U.S., trade minister says

(c) 2017, Bloomberg. Canada will consider pursuing a new multilateral Pacific Rim trade deal now that President Donald Trump has signaled the U.S. is abandoning the Trans-Pacific Partnership. Trade Minister Francois-Philippe Champagne said in an interview Friday shortly before Trump’s inauguration...


Business

GE misses sales estimates as oil weighs on Immelt's overhaul

(c) 2017, Bloomberg. General Electric’s woes in the oil patch persisted in the fourth quarter, denting sales and dragging down shares to their biggest decline in four months. Weakness in the oil and gas unit, which makes drilling equipment and pipes, will probably linger into this year after an...


Business

Trump's vow to break from OPEC oil imports echoes old refrain

(c) 2017, Bloomberg. President Donald Trump’s pledge to make America independent from OPEC isn’t a new refrain in Washington. His “America First Energy Plan” posted on the White House website Friday doesn’t echo just his own campaign pledges but also President George W. Bush’s vow to cut imports...


Government

FACT CHECK: Trump starts on familiar note: with exaggeration

Trump Inauguration

WASHINGTON (AP) — Donald Trump’s inaugural address held familiar echoes of the campaign speeches that led to his presidential win: downbeat about the state of the nation, to the point of hyperbole. A look at some of his assertions Friday: TRUMP: “The jobs left, and the factories closed ... the...


Business

Buffett back in money on IBM, reversing $2.6 billion loss

(c) 2017, Bloomberg. International Business Machines Corp. has climbed above the price that Warren Buffett paid for shares in the computer company, reversing more than $2 billion in paper losses for his Berkshire Hathaway. IBM rose 2.2 percent to $170.55 at 4 p.m. Friday in New York after giving...


Business

Markets wrap: Haven assets in demand as forceful Trump sworn in

(c) 2017, Bloomberg. (Bloomberg) -- Investors shifted into haven assets after Donald Trump was sworn in as the nation’s 45th president, with Treasuries rising with gold following a fiery inauguration speech that promised to upend the political establishment. The S&P 500 index’s advance was cut by...


Business

Treasuries pare weekly declines After Trump inauguration

(c) 2017, Bloomberg. (Bloomberg) -- Treasuries were mixed in late trading Friday after erasing declines that pushed the benchmark 10-year note’s yield above 2.50 percent for the first time since Jan. 3. It traded as high as 2.511 percent in the hour before the U.S. presidential inauguration and...


Older ›
×