Business

FILE - In this June 2, 2019, file photo Federal Reserve Chairman Jerome Powell speaks at a conference involving its review of its interest-rate policy strategy and communications in Chicago. On Wednesday, June 19, the Federal Reserve releases its latest monetary policy statement and updated economic projections. (AP Photo/Kiichiro Sato, File)
June 19, 2019 - 12:56 pm
WASHINGTON (AP) — The Federal Reserve left its key interest rate unchanged Wednesday but signaled that it's prepared to start cutting rates if needed to protect the U.S. economy from trade conflicts and other threats. The Fed kept its benchmark rate — which influences many consumer and business...
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Trader Neil Catania works on the floor of the New York Stock Exchange, Tuesday, June 18, 2019. Stocks are opening higher on Wall Street following big gains in Europe after the head of the European Central Bank said it was ready to cut interest rates and provide more economic stimulus if necessary. (AP Photo/Richard Drew)
June 18, 2019 - 8:32 pm
TOKYO (AP) — Asian shares were mostly higher Wednesday on optimism about trade after President Donald Trump said he will talk with the Chinese leader later this month in Japan. Japan's benchmark Nikkei 225 added 1.7% to 21,321.17 in early trading. Australia's S&P/ASX 200 rose 1.0% to 6,637.70...
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FILE - In this May 8, 2019, file photo, a Boeing 737 MAX 8 jetliner being built for Turkish Airlines takes off on a test flight in Renton, Wash. Boeing is selling its 737 Max planes again. The company announced at the Paris Air Show on Tuesday, June 18 that International Airlines Group signed a letter of intent for 200 Boeing 737 aircraft. (AP Photo/Ted S. Warren, File)
June 18, 2019 - 11:35 am
PARIS (AP) — Boeing is selling its 737 Max planes again. The company announced at the Paris Air Show on Tuesday that International Airlines Group, the parent company of British Airways and other carriers, signed a letter of intent for 200 Boeing 737 aircraft. Boeing said it's the first sale of the...
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FILE - In this April 25, 2019, file photo an address sign for Facebook Way is shown in Menlo Park, Calif. Facebook unveiled a broad plan Tuesday, June 18, to create a new digital currency. (AP Photo/Jeff Chiu, File)
June 18, 2019 - 2:21 am
SAN FRANCISCO (AP) — Facebook already rules daily communication for more than two billion people around the world. Now it wants its own currency, too. The social network unveiled an ambitious plan Tuesday to create a new digital currency similar to Bitcoin for global use, one that could drive more...
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Huawei founder Ren Zhengfei speaks at a roundtable at the telecom giant's headquarters in Shenzhen in southern China on Monday, June 17, 2019. Huawei's founder has likened his company to a badly damaged plane and says revenues will be $30 billion less than forecast over the next two years. (AP Photo/Dake Kang)
June 17, 2019 - 8:56 am
SHENZHEN, China (AP) — Huawei's founder said Monday that the Chinese telecom giant's revenue will be $30 billion less than forecast over the next two years, as he compared the company to a "badly damaged plane" as a result of U.S. government actions against it. "We never thought that the U.S.'s...
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FILE- In this May 19, 2019, file photo, a line of unsold 2019 CX-5 sports-utility vehicles sits at a Mazda dealership in Littleton, Colo. On Friday, June 14, the Commerce Department releases U.S. retail sales data for May. (AP Photo/David Zalubowski, File)
June 14, 2019 - 5:58 am
WASHINGTON (AP) — Americans stepped up their retail spending last month, a sign that low unemployment and modest wage gains are encouraging consumers to shop. The Commerce Department said Friday that retail sales rose 0.5% in May, after a smaller gain of 0.3% in the previous month. April's figure...
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FILE- In this Nov. 16, 2018, photo an assembly line worker packages items from an online order to be shipped out of a Target store in Edison, N.J. Target is offering same-day delivery on thousands of items for $9.99 per order through a delivery startup it purchased nearly two years ago. (AP Photo/Julio Cortez, File)
June 13, 2019 - 7:09 am
NEW YORK (AP) — How much would you be willing to pay to get those diapers within an hour or so? In the latest salvo in the delivery wars, Target is offering same-day delivery on thousands of items for $9.99 per order through a delivery startup it purchased nearly two years ago Until now, Target...
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This undated product image provided by Volvo Cars shows the Volvo XC90 SUV. Uber is teaming with Volvo Cars to launch its newest self-driving vehicle. The ride-hailing company said Wednesday, June 12, 2019, that it can easily install its self-driving system in the Volvo XC90 SUV. (Volvo Cars via AP)
June 12, 2019 - 8:00 am
WASHINGTON (AP) — Uber is testing restaurant food deliveries by drone. The company's Uber Eats unit began the tests in San Diego with McDonald's and plans to expand to other restaurants later this year. Uber says the service should decrease food delivery times. It works this way: Workers at a...
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Carl Court/Getty Images
June 11, 2019 - 5:11 pm
SAN FRANCISCO (AP) — Facebook on Tuesday launched an app that will pay users to share information with the social media giant about which apps they're using. The company previously rolled out two similar apps that tracked what activities people did on their phones. But both were shut down after...
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FILE - In this March 27, 2019, file photo, a Boeing 737 MAX 8 airplane is shown on the assembly line during a brief media tour of Boeing's 737 assembly facility in Renton, Wash. With the 737 Max jet still grounded after two deadly crashes, deliveries of new Boeing jets are falling far behind last year's pace. Boeing said Tuesday, June 11, 2019, that it delivered 30 commercial airliners during May, down 56% from the 68 it made in May 2018. (AP Photo/Ted S. Warren, File)
June 11, 2019 - 3:15 pm
CHICAGO (AP) — With the 737 Max jet still grounded after two deadly crashes, deliveries of new Boeing jets are falling far behind last year's pace. Boeing said Tuesday that it delivered 30 commercial airliners during May, down 56% from the 68 it made in May 2018. Deliveries of 737s plummeted from...
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