Business

Business

Kaka returns to theme park mecca, at least on TV

ORLANDO, Fla. (AP) — Brazilian soccer great Kaka may have left Orlando’s Major League Soccer team but he’s reappearing in the theme park mecca during the World Cup, at least on TV. Universal Parks & Resorts says Kaka is appearing in a commercial starting Saturday that shows off Universal’s most...


Business

Xiaomi seeks to raise up to $6 billion in Hong Kong IPO

Hong Kong Xiaomi IPO-9

SEOUL, South Korea (AP) — Chinese smartphone maker Xiaomi Corp. plans to raise up to $6 billion in one of the biggest global stock market debuts in recent years as it tries to become a worldwide hardware-and-services brand alongside Apple, Google and Amazon. The initial public offering in Hong Kong...


Business

BNSF: Estimated 230,000 gallons of oil spilled in derailment

Derailment Evacuation

DOON, Iowa (AP) — An estimated 230,000 gallons (870,619 liters) of crude oil spilled into floodwaters in the northwestern corner of Iowa following a train derailment, a railroad official said Saturday. BNSF spokesman Andy Williams said 14 of 32 oil tanker cars just south of Doon in Lyon County...


National Business

OPEC and allies agree to share oil production increase

Austria OPEC Meeting

VIENNA (AP) — OPEC nations and oil-producing countries not in the cartel said Saturday they have agreed to share increased oil production a day after OPEC announced it would pump more crude oil — a move that should help contain the recent rise in global energy prices. Russia and other oil-producing...


Business

Pro-EU protesters march in London, demand new vote on Brexit

Britain EU Brexit

LONDON (AP) — Tens of thousands of anti-Brexit protesters marched Saturday in London to demand a new referendum on leaving the European Union, as a divided Britain marked the second anniversary of its vote to quit the bloc. Leading Brexit supporters, meanwhile, warned the British government not to...


Business

Popularity of tariffs on China may lead to pain

(c) 2018, The Washington Post. In less than two weeks, U.S. customs officers are scheduled to begin collecting tariffs on Chinese imports, a step that will either give President Donald Trump the leverage he needs to secure a trade deal with Beijing or plunge the world’s two largest economies into a...


Business

AP Top Business News at 5:53 p.m. EDT

OPEC and allies agree to share oil production increase Xiaomi seeks to raise up to $6 billion in Hong Kong IPO Pro-EU protesters march in London, demand new vote on Brexit BNSF: Estimated 230,000 gallons of oil spilled in derailment Police: Backup driver in fatal Uber crash was distracted Car...


Business

The Latest: Estimated 230,000 gallons of oil spilled

Derailment Evacuation

DOON, Iowa (AP) — The Latest on the crude oil leaking after a train derailment in northwest Iowa (all times local): 4:10 p.m. A railroad official says 14 of 32 derailed oil tanker cars in the northwest corner of Iowa dumped an estimated 230,000 gallons (870,619 liters) of crude oil into floodwaters,...


Business

Oklahoma conservatives' views on medical marijuana evolving

Oklahoma Primary Marijuana

LINDSAY, Okla. (AP) — Danny Daniels, an evangelical Christian in the rural Oklahoma town of Lindsay, is reliably conservative on just about every political issue. The 45-year-old church pastor is anti-abortion, voted for President Donald Trump and is a member of the National Rifle Association who...


Business

Massachusetts cities seek to regulate short-term rentals

BOSTON (AP) — It’s a daunting challenge for cities: What happens when too many people fall in love with you and want to move in — even just for a night or two? The latest version of that question is playing out in Massachusetts cities like Boston, Cambridge and Somerville, which have struggled to...


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