Business

Trump announces plans for Pentagon to create 'Space Force'

Trump

President Donald Trump announced Monday he is directing the Pentagon to create a new “Space...

Police & Fire

Prosecutors: Phony letter to judge sought leniency for Bountiful fraud convict

Daniel Scott Frischknecht WEB ONLY

A fired Bountiful bank manager who stole $565,000 and bought a house with the loot is now charged with writing a fake letter from his new employer urging lenience at his fraud sentencing.


Business

Kentucky governor downplays effect of EU tariffs on bourbon

Whiskey Tariffs Kentucky Governor

LOUISVILLE, Ky. (AP) — In comments at odds with his home state’s whiskey distillers, Kentucky’s Republican governor is downplaying fears that the European Union’s retaliatory tariffs could disrupt the booming market for the Bluegrass state’s iconic bourbon industry. “There’s always the potential...


Business

Airbus threatens to leave Britain in case of no-deal Brexit

Britain Airbus

LONDON (AP) — Aviation giant Airbus is threatening to leave Britain if the country exits the European Union without an agreement on trade relations, underscoring the concerns of business leaders who say the government is moving too slowly. Airbus, which employs about 14,000 people at 25 sites in...


World

OPEC discussing oil output increase to contain energy costs

OPEC Meeting

VIENNA (AP) — The countries of the OPEC oil cartel will discuss increasing their production by about 1 million barrels a day at a meeting Friday that could influence the cost of energy globally in coming months. The group’s largest producer, Saudi Arabia, is seen to be open to higher production but...


Business

Greece heads for bailout exit after deal with creditors

ATHENS, Greece (AP) — Greece’s prime minister pledged Friday to stick to agreed reforms and budget targets after international creditors announced debt relief measures to wean the country off its eight-year bailout program, which ends in two months. Greek bond markets rose on the news of the deal,...


Business

The Latest: Iran says OPEC won't take direction from Trump

OPEC Meeting

VIENNA (AP) — The Latest on the OPEC meeting on oil production (all times local): 12:20 p.m. Iran’s oil minister is insisting that OPEC’s place is not to take instructions from U.S. President Donald Trump but is leaving open Tehran’s position on an increase in production. The cartel’s largest...


Business

Campground, motorcycle maker dismissed from Sturgis lawsuit

STURGIS, S.D. (AP) — A federal judge has dismissed Buffalo Chip Campground and Indian Motorcycles from a lawsuit filed by an Alaska man injured by a motorcycle at the 2016 Sturgis Motorcycle Rally in South Dakota. Royce Rath, of Sitka, Alaska, was attending a Kid Rock concert when a motorcycle went...


Business

AP Top Business News at 8:43 a.m. EDT

Global markets, oil rise as OPEC mulls output increase OPEC discussing oil output increase to contain energy costs The Latest: Iran says OPEC won’t take direction from Trump Airbus threatens to leave Britain in case of no-deal Brexit EU retaliatory tariffs on raft of US goods go into force High...


Business

The Latest: Germany: Much work still undone before Brexit

Britain Brexit Two Tribes

LONDON (AP) — The Latest on Britain’s impending departure from the European Union and a business warning about Brexit’s fallout (all times local): 1:25 p.m. Germany says it may be possible to stick to the current timetable for negotiating Britain’s exit from the European Union for next March, but...


Business

Global markets, oil rise as OPEC mulls output increase

China Financial Markets

SEOUL, South Korea (AP) — Global stocks and oil prices were higher Friday as investors monitored OPEC’s discussion on increasing crude production. Caution remained, however, over trade disputes between China and the U.S. as well as between the U.S. and Europe that could hurt corporate profits and...


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