Business News

Brigade of volunteers vow to bring aid to Venezuela's needy

CARACAS, Venezuela (AP) — As President Nicolas Maduro deploys missiles and infantrymen to Venezuela's borders bracing for what he claims is U.S. coup plot disguised as humanitarian aid, his opponents are rallying their own troops. Nurses, doctors, engineers and homemakers have volunteered by the thousands to distribute the food and medicine in the face of…

Markets Right Now: S&P 500 breaks a 3-day winning streak

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks are closing lower on Wall Street, breaking a three-day winning streak for the S&P 500. The modest decline in the benchmark index Thursday marked only the fourth loss this month. The losses were broad, with health care stocks,…

USA Today editor apologizes for yearbook blackface photo

PHOENIX (AP) — The editor of USA Today apologized Thursday for an image portraying blackface that was published in the Arizona State University yearbook on her watch. Nicole Carroll said in an editorial published in the newspaper that it was recently brought to her attention "that I was involved in publishing such a photo when…

UK acknowledges key trade deals won't be ready by Brexit day

BRUSSELS (AP) — The British government acknowledged Thursday that trade deals with major countries such as Japan and Turkey will not be in place by the planned Brexit day of March 29, while the European Union's chief said he remains downbeat about Britain avoiding a chaotic departure from the bloc. Britain's international trade secretary, Liam…

MLB players oppose closing of unionized cap plant in NY

NEW YORK (AP) — The baseball players' union is urging the sport's exclusive cap supplier to keep open its plant in Derby, New York, and not move production to a nonunionized facility in Florida. New Era Cap Co. said in November it was planning to shut the site in March and reached a closing agreement…

US says airfares hit new lows after factoring inflation

The average fare for airline travel within the United States has hit the lowest level since the government started keeping track in 1995, after adjusting for inflation. However, that doesn't count fees that airlines add for things like checking a bag, getting a better seat, or moving up in the boarding line. Airlines get an…

Maine governor adds boost to major power line project

PORTLAND, Maine (AP) — Gov. Janet Mills is throwing her support behind a 145-mile transmission line across western Maine to supply Canadian hydropower to electricity consumers in Massachusetts, citing economic and environmental benefits under a sweetened proposal by Central Maine Power. The $1 billion New England Clean Energy Connect will reduce reliance on fossil fuels,…

Spain: Pro-secession protesters block roads in Catalonia

BARCELONA, Spain (AP) — Protesters backing Catalonia's secession from Spain clashed with police and blocked roads across the northeastern region Thursday during a student and worker strike over the trial of a dozen separatist leaders. Regional police said four people were arrested when officers met resistance while trying to clear groups of protesters who had…

Correction: EPA-PolyMet Mine story

In a story Feb. 19 about a lawsuit against the Environmental Protection Agency over a proposed copper-nickel mine in Minnesota, The Associated Press erroneously reported the name of the group filing the lawsuit. It is Public Employees for Environmental Responsibility, not Protecting Employees Who Protect Our Environment. A corrected version of the story is below:…

3 experts explain the changes in the Trump tax law

Tax preparation is rarely easy, but this filing season comes with a unique set of complications. It's the first year people are filing under the massive overhaul to tax law put in place by Congress in late 2017. Tax season also kicked off days after a partial government shutdown. Still, some taxpayers are feeling a…