Government business and finance

July 27, 2018 - 7:34 am
BERLIN (AP) — The German government said Friday that the state-owned KfW bank is buying a 20 percent stake in electricity grid operator 50Hertz, fending off a bid from a Chinese company. "The government has a strong interest in protecting critical energy infrastructure because of security policy...
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FILE - In this July 6, 2018, file photo, travelers stand near a signboard at the American Airlines check-in counters at the Beijing Capital International Airport in Beijing. Chinese regulators appear to have rejected a possible attempt by U.S. airlines at a compromise over Beijing's demand to call self-ruled Taiwan a part of China, an order Washington opposed. The communist mainland's latest effort to use China's growing economic clout to isolate Taiwan's democratically elected government is further straining ties between Beijing and the U.S. amid a deepening trade dispute. (AP Photo/Mark Schiefelbein, File)
July 27, 2018 - 7:00 am
BEIJING (AP) — Chinese regulators appear to have rejected a possible attempt by U.S. airlines at a compromise over Beijing's demand to call self-ruled Taiwan a part of China, an order Washington opposed. The communist mainland's latest effort to use China's growing economic clout to isolate Taiwan'...
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In this April 27, 2017, photo, a staff member talks with a visitor at a display booth for Qualcomm at the Global Mobile Internet Conference (GMIC) in Beijing. China's government said Friday, July 27, 2018, that tech giant Qualcomm Inc. failed to resolve anti-monopoly regulators' concerns about its proposed takeover of NXP Semiconductors in a case seen as a possible victim of U.S.-Chinese trade tensions. (AP Photo/Mark Schiefelbein)
July 27, 2018 - 12:40 am
BEIJING (AP) — Qualcomm Inc. failed to resolve China's anti-monopoly concerns about its proposed acquisition of NXP Semiconductors, the government said Friday, in a case analysts warned would worsen escalating U.S.-Chinese tensions over technology. The State Administration for Market Regulation's...
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President Donald Trump speaks on trade at Granite City Works Steel Coil Warehouse, Thursday, July 26, 2018, Granite City, Ill. (AP Photo/Evan Vucci)
July 27, 2018 - 12:37 am
GRANITE CITY, Ill. (AP) — President Donald Trump on Thursday trumpeted the renewed success of an Illinois steel mill, pushing back against criticism that his escalating trade disputes are hurting American workers and farmers. The president pointed to the U.S. Steel plant's reopening as a success...
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Ivanka Trump, right, and Gov. Kim Reynolds, R-Iowa, center, look on as President Donald Trump holds up a "Make Our Farmers Great Again" hat during a roundtable discussion on workforce development at Northeast Iowa Community College, Thursday, July 26, 2018, in Peosta, Iowa. (AP Photo/Evan Vucci)
July 26, 2018 - 1:54 pm
DUBUQUE, Iowa (AP) — The Latest on President Donald Trump (all times local): 1:50 p.m. President Donald Trump is claiming a trade breakthrough with European allies as he visits Iowa, a state where farmers are suffering under tariffs imposed by China in retaliation for Trump's protectionist policies...
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July 26, 2018 - 12:58 pm
PORTLAND, Maine (AP) — A group of Democrats in Congress says fishermen are headed for a financial disaster due to increasing tariffs, and the government should be prepared to provide relief. The effort is led by Rep. Seth Moulton of Massachusetts. It's designed to help fishermen who are hurt by...
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July 26, 2018 - 12:55 pm
BISMARCK, N.D. (AP) — A federal judge has ruled the developer of the Dakota Access oil pipeline has no claim under federal racketeering law for damages against a Dutch environmental group that urged banks not to finance the $3.8 billion project. Judge Billy Roy Wilson dismissed Netherlands-based...
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July 26, 2018 - 11:37 am
BARCELONA, Spain (AP) — Spain's Tax Office has accepted a deal with Cristiano Ronaldo to plead guilty to tax fraud and pay a fine of close to 19 million euros ($22 million) in exchange for a reduced prison sentence that will likely be suspended. A source with knowledge of the deal confirmed to The...
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FILE- This May 21, 2018, file photo shows a row of washing machines for sale at Lowe's Home Improvement store in East Rutherford, N.J. The Commerce Department releases its June report on durable goods on Thursday, July 26. (AP Photo/Ted Shaffrey, File)
July 26, 2018 - 8:48 am
WASHINGTON (AP) — Orders for long-lasting U.S. factory goods rose in June after declining for two months, a sign manufacturing is still growing despite a series of global trade disputes. The Commerce Department said Thursday that durable goods orders — items meant to last at least three years, from...
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President Donald Trump meets with European Commission president Jean-Claude Juncker in the Oval Office of the White House, Wednesday, July 25, 2018, in Washington. (AP Photo/Evan Vucci)
July 26, 2018 - 8:46 am
WASHINGTON (AP) — President Donald Trump and European leaders pulled back from the brink of a trade war over autos Wednesday and agreed to open talks to tear down trade barriers between the United States and the European Union. But while politicians and businesses welcomed the deal Thursday, the...
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