Business

Trump announces plans for Pentagon to create 'Space Force'

Trump

President Donald Trump announced Monday he is directing the Pentagon to create a new “Space...

Business

Legal pot will roll out differently in Canada than in US

Canada Marijuana Legalization-Things to Know

Mail-order weed? You betcha! With marijuana legalization across Canada on the horizon, the industry is shaping up to look different from the way it does in nine U.S. states that have legalized adult recreational use of the drug. Age limits, government involvement in distribution and sales, and...


Business

Child safety group issuing annual list of unsafe summer toys

BOSTON (AP) — A Boston-based consumer watchdog group is issuing its annual summer safety report flagging toys it says pose a danger to children. World Against Toys Causing Harm — better known by its acronym, W.A.T.C.H. — says its latest report will highlight “warm weather recreational products and...


Business

Science Says: What makes something truly addictive

Science Says Gaming Disorder Addiction

CHICAGO (AP) — Now that the world’s leading public health group says too much Minecraft can be an addiction, could overindulging in chocolate, exercise, even sex, be next? The short answer is probably not. The new “gaming disorder” classification from the World Health Organization revives a debate...


Auto

Germany's Daimler lowers 2018 outlook, cites tariffs, diesel

BERLIN (AP) — German automaker Daimler AG has lowered its 2018 earnings outlook, a change that it says is partly due to increased import tariffs for U.S. vehicles in China. The company said late Wednesday that it now sees fewer SUV sales and higher costs at its Mercedes-Benz Cars division than...


Business

AP Top Business News at 2:41 a.m. EDT

Asian stocks mostly up despite underlying US-China tension Science Says: What makes something truly addictive Legal pot will roll out differently in Canada than in US Instagram unveils new video service in challenge to YouTube Australian Senate delivers $106 billion in income tax cuts Lawmakers rip...


Business

Australian Senate delivers $106 billion in income tax cuts

Australia Tax

CANBERRA, Australia (AP) — Australia’s prime minister achieved an important political victory on Thursday when the Senate passed personal income tax cuts worth 144 billion Australian dollars ($106 billion) over a decade. The tax cuts for most of Australia’s workforce were a centerpiece of Prime...


National Business

China says US swinging 'big stick' of unfair trade tactics

BEIJING (AP) — China has accused the United States of using pressure tactics and blackmail in threatening to impose tariffs on hundreds of billions of dollars of Chinese imports. Commerce Ministry spokesman Gao Feng said Thursday the U.S. was damaging the global trading order and its methods would...


Business

Denver-based company acquires 2nd Utah ski resort

SALT LAKE CITY (AP) — A fast-growing ski resort company is buying another Utah property less than a year after it acquired a ski resort east of Salt Lake City. The Salt Lake Tribune reports the Denver-based Alterra Mountain Company announced Tuesday the purchase of Solitude Mountain Resort, a 1,200-...


Business

Turkey strikes back, taxing $1.8 billion worth of US goods

WASHINGTON (AP) — Turkey is imposing tariffs on nearly two dozen U.S. products, ranging from cars to sunscreen, to strike back at Washington’s sanctions on imported steel and aluminum. According to documents filed with the World Trade Organization, Turkey will slap $267 million in tariffs on $1.8...


Business

Allegiant Air adds base of operations in Tennessee

KNOXVILLE, Tenn. (AP) — Tennessee officials have announced Allegiant Air is basing two Airbus jets at McGhee Tyson Airport in Knoxville, adding up to 66 new jobs. Gov. Bill Haslam, local officials and Allegiant spokeswoman Hillary Gray were at the announcement Wednesday. The addition includes a $50...


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