Business News

11.4M sign up for Obama-era health plans this year

WASHINGTON (AP) — The government says 11.4 million people have signed up for coverage this year under former President Barack Obama's health law. That's just a slight dip from 2018. Despite the Trump administration's ongoing hostility to "Obamacare," a report from the Centers for Medicare and Medicaid Services released on Monday found remarkably steady enrollment—…

China's Xi sees honors, Airbus deal in state visit to France

PARIS (AP) — Chinese President Xi Jinping received the full honors of a formal reception during a state visit to France on Monday that included attending the signing of a multi-billion dollar deal between European aircraft maker Airbus to China. French President Emmanuel Macron said Xi's official visit was an "excellent signal" of the strength…

Business Highlights

___ Avenatti charged with trying to extort millions from Nike LOS ANGELES (AP) — Michael Avenatti, the attorney best known for representing porn actress Stormy Daniels, has been arrested on charges that he tried to extort millions of dollars from Nike and embezzled a client's money to pay his own expenses. Avenatti was charged with…

How major US stock indexes fared Monday

Major U.S. stock indexes finished mixed Monday after wavering for much of the day as traders tried to make sense of newly pessimistic views on the economy. Investors were also parsing another troubling drop in long-term bond yields, which many see as a warning sign of a possible recession. Large-company stocks ended broadly lower, led…

Slower manufacturing likely drag on small business optimism

NEW YORK (AP) — The growing evidence of a slowdown in manufacturing is likely contributing to the dip in small business optimism that began early in the year. Reports this month from the government and an industry group point to a drop in manufacturing activity. While the manufacturing sector is a relatively small part of…

The Latest: Apple says its new services will respect privacy

CUPERTINO, Calif. (AP) — The Latest on Apple's streaming TV event (all times local): 1:45 p.m. Apple says the new services it's launching will respect your digital boundaries. Apple announced a new streaming TV service, a paid subscription level of its news app, a video game service and a credit card at a splashy, celebrity-laden…

More aging Americans are using pot to soothe what ails them

LAGUNA WOODS, Calif. (AP) — The group of white-haired folks — some pushing walkers, others using canes — arrive right on time at the gates of Laguna Woods Village, an upscale retirement community in the picturesque hills that frame this Southern California suburb a few miles from Disneyland. There they board a bus for a…

Viacom and Avaya Holdings rise, Nu Skin Enterprises slips

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Monday: Winnebago Industries Inc., down 10 cents to $29.01 The recreational vehicle company reported better-than-expected fiscal second-quarter profit. Viacom Inc., up 98 cents to $26.32. The media company reached a new distribution deal with DirecTV that will avoid a blackout of several channels,…

Markets Right Now: Stock indexes end an indecisive day mixed

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks ended an indecisive day of trading more or less where they started as traders try to make sense of newly pessimistic views on the economy. They're also parsing another troubling drop in long-term bond yields Monday, which many…

The Latest: US setting up expert panel to review FAA, Boeing

NEW YORK (AP) — The Latest on Ethiopian Plane Crash (all times local): 4:05 p.m. The Transportation Department says it's creating a special panel of experts to review Federal Aviation Administration procedures for approving new planes including the Boeing jet involved in two deadly crashes. The department said Monday the committee will be led by…