Technology

October 11, 2018 - 10:54 pm

China Trade Surplus With US Widens To Record $34.1B

BEIJING (AP) — China's trade surplus with the United States widened to a record $34.1 billion in September as exports to the American market rose by 13 percent over a year earlier despite a worsening tariff war. Exports to the United States rose to $46.7 billion, down from August's 13.4 percent...
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FILE - In this July 9, 2018 file photo German Chancellor Angela Merkel, second from right, and Chinese Premier Li Keqiang, third from left, attend a contracts signing ceremony between German car maker BMW CEO Harald Krueger, right, and Qi Yumin CEO of the Brilliance Group, left front, during a meeting in the chancellery in Berlin. German automaker BMW said Thursday, Oct. 11, 2018 it is taking a majority stake in its China joint venture and investing 3 billion euros in future production there as it prepares to meet increased demand for electric vehicles. (AP Photo/Markus Schreiber, file)
October 11, 2018 - 4:10 am

BMW Ramps Up Investment In China To Meet Electric Demand

FRANKFURT, Germany (AP) — German automaker BMW is taking a majority stake in its China joint venture and investing 3 billion euros ($3.5 billion) in factories there, underscoring the importance of the Chinese market as the company prepares to meet increased demand for electric vehicles. Munich-...
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A man looks at an electronic stock board of a securities firm in Tokyo, Thursday, Oct. 11, 2018. Asian markets tumbled on Thursday, after Wall Street slumped on a heavy selling of technology and internet stocks. Japan’s benchmark fell by an unusually wide margin of 3.9 percent. (AP Photo/Koji Sasahara)
October 10, 2018 - 8:56 pm

Losses On Wall Street Ripple Through Asia; Stocks Slump

SINGAPORE (AP) — Asian markets were broadly lower on Thursday after Wall Street slumped on a heavy selling of technology and internet stocks. Japan's benchmark fell by an unusually wide margin of 3.9 percent and China's main index lost 4.3 percent. Markets in Hong Kong, South Korea, Australia and...
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ILE - In this July 22, 2018 file photo, U.S. Treasury Secretary Steven Mnuchin speaks during a news conference at the G20 meeting of Finance Ministers and Central Bank governors in Buenos Aires, Argentina. The Treasury Department has issued new rules on foreign investments into American companies that will give the government more power to block foreign transactions on national security grounds. The rules represent the latest escalation in an intensifying economic conflict between the United States and China. (AP Photo/Gustavo Garello)
October 10, 2018 - 9:13 am

US Treasury Issues New Rules On Foreign Investments

WASHINGTON (AP) — The Treasury Department issued new rules Wednesday on foreign investments into American companies that will give the government more power to block foreign transactions on national security grounds. The rules, which represent the latest escalation in an intensifying economic...
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Exhaust pipes of a car are pictured in Berlin, Germany, Tuesday, Oct. 9, 2018. Due to environment protection reasons the city of Berlin has to introduce a diesel driving ban on several highly frequented roads. (AP Photo/Michael Sohn)
October 10, 2018 - 8:22 am

European Officials Seek Tougher Emissions Rules For Cars

FRANKFURT, Germany (AP) — European Union officials are pushing ahead with tougher car emissions standards aimed at fighting global warming — but which the auto industry cautions could hurt workers and consumers. Officials from the council of EU member governments, parliament and the executive...
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FILE- This Dec. 21, 2016, file photo shows the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, Oct. 9, 2018. (AP Photo/Mark Lennihan, File)
October 09, 2018 - 1:41 pm

US Stock Indexes Mixed As Interest Rates Take A Pause

NEW YORK (AP) — U.S. stock indexes ended Tuesday nearly where they began, as interest rates let off the accelerator following their sharp rise last week. But the modest moves for indexes masked some roiling underneath. Raw-material producers plunged on worries that inflation and weaker demand are...
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October 09, 2018 - 12:11 pm

Report: Pentagon Weapons Systems Vulnerable To Cyber Attacks

WASHINGTON (AP) — Defense Department weapons programs are vulnerable to cyberattacks, and the Pentagon has been slow to protect the systems which are increasingly reliant on computer networks and software, a federal report said Tuesday. The U.S. Government Accountability Office said the Pentagon...
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This undated handout image issued by Bellingcat shows photos of Dr Alexander Yevgenyevich Mishkin, the man the investigative website have alleged was who travelled to Salisbury under the alias Alexander Petrov, over the years. The investigative group Bellingcat is reporting that one of the two suspects in the poisoning of an ex-spy in England is a doctor who works for Russian military intelligence. Bellingcat said on its website Monday, Oct. 8, 2018 that the man British authorities identified as Alexander Petrov is actually Alexander Mishkin, a trained doctor working for the Russian military intelligence unit known as GRU. (Bellingcat via AP)
October 09, 2018 - 9:28 am

Poisoning Suspect Honored By Putin In 2014, Uk Group Says

LONDON (AP) — One of the two suspects in the poisoning of a Russian ex-spy in England is a medical doctor in Russian military intelligence who was honored as a Hero of the Russian Federation by President Vladimir Putin in 2014, a group of British investigators said Tuesday. British police say two...
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FILE - This Oct. 14, 2017, file photo shows the devastation of the Coffey Park neighborhood after a wildfire swept through in Santa Rosa, Calif. California Office of Emergency Services Director Mark Ghilarducci complained to the Army that contractors it paid by the ton to clear debris took too much dirt and damaged or removed perfectly fine driveways, retaining walls and the like after the 2017 wine country fire that destroyed thousands of homes. (AP Photo/Marcio Jose Sanchez, File)
October 08, 2018 - 3:25 pm

California Homeowners: Wildfire Cleanup Made Matters Worse

SANTA ROSA, Calif. (AP) — One year after wildfires devastated Northern California's wine country and destroyed thousands of homes, the U.S. Army Corps of Engineers' first experience cleaning up after a wildfire has turned into an expensive bureaucratic mess. The state's top emergency official...
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FILE- This April 24, 2018, file photo shows a sign for a Wall Street building in New York. The U.S. stock market opens at 9:30 a.m. EDT on Monday, Oct. 8. (AP Photo/Mark Lennihan)
October 08, 2018 - 1:48 pm

Stock Indexes End Mixed, But Tech Companies Slide Further

NEW YORK (AP) — U.S. stock indexes found their footing after a sharp early loss Monday and finished mixed. Technology companies sank for the third day in a row. Stocks slumped in morning trading following big declines late last week. Some of the largest losses went to technology companies,...
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