Business

Business

City hopes for revitalization in aftermath of fraud case

NEWPORT, Vt. (AP) — A remote Vermont community down on its luck had looked forward in 2012 to a downtown hotel, office and retail space and a research plant that would bring hundreds of jobs. It now sees just a vacant demolished block that some residents refer to as “the hole.” The redevelopment...


Business

US, China agree to cut American trade deficit

China US Trade

WASHINGTON (AP) — The United States and China have agreed to take measures to “substantially reduce” America’s massive trade deficit with China, but the Trump administration failed to get the Chinese to commit to a specific numerical goal. Still, the talks, which began Thursday and ended Saturday...


Business

There's a right way and a wrong way to fail

(c) 2018, Bloomberg Opinion. I have been thinking about errors, mistakes and failures ever since I traded my first stock decades ago. Good traders expect to be wrong, but that attitude is surprisingly rare in business. That is a shame, because having a healthy outlook on failure would benefit...


Business

`Sexiest job' ignites talent wars as demand for data geeks soars

(c) 2018, Bloomberg. Murray Webb had been a lackluster student more interested in sports than schoolwork while attending a small Virginia college. Then he transferred to Kennesaw State University in suburban Atlanta to pursue a master’s degree in applied statistics and landed four job offers upon...


Business

A $200 billion question: Can Tech swallow another Son mega fund?

(c) 2018, Bloomberg. Ask investors from Silicon Valley to Wall Street what’s had the biggest recent impact on tech startup exits and most will answer: Masayoshi Son’s almost $100 billion Vision Fund. Now Son, the the founder and chief executive officer of SoftBank Group Corp., has a version 2.0 in...


Business

Hedge fund managers shift billions over carried interest concern

(c) 2018, Bloomberg. Late last year, some hedge fund managers raced to protect their personal fortunes from being carved up by the Republican tax law. David Tepper, who runs Appaloosa Management and may soon own the Carolina Panthers, and Ross Margolies, founder of Stelliam Investment Management,...


Business

AP Top Business News at 5:44 a.m. EDT

US, China agree to cut American trade deficit New Starbucks policy: No purchase needed to sit in cafes Company says gas leak caused explosion at Houston-area plant Gay-friendly Apple weighs North Carolina despite LGBT laws Panda Beer anyone? Craft beers flow in middle-class China Hasbro trademarks...


Lifestyle

Markle's bridal gown work of Givenchy's Clare Waight Keller

Britain Royal Wedding

LONDON (AP) — Clare Waight Keller of Givenchy is the master British designer behind the sleek silk boat-necked gown and long billowing veil worn by Meghan Markle as she walked down the nave of St. George’s Chapel for her wedding to Prince Harry. The clean lines of the white dress highlighted...


Business

New Starbucks policy: No purchase needed to sit in cafes

Starbucks Restrooms

NEW YORK (AP) — Starbucks announced a new policy Saturday that allows anyone to sit in its cafes or use its restrooms, even if they don’t buy anything. The new policy comes five weeks after two black men who hadn’t bought anything were arrested at a Philadelphia Starbucks. Company executives have...


World

Scholar: Dumping fossil fuels by 2050 needed to save climate

NICOSIA, Cyprus (AP) — Getting rid of fossil fuels by mid-century and making the switch to large-scale renewable energy sources and nuclear power offers the best chance of meeting the climate change targets set out by the Paris accord, a prominent American economist said Friday. Columbia University...


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