Business

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...

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

Cause of Iowa derailment, oil spill amount still under wraps

Derailment Evacuation

DOON, Iowa (AP) — Crews were scrambling Saturday to clean up a BNSF oil train derailment in northwest Iowa that dumped crude into floodwaters, while officials seek to get a handle on the extent of the spill and its cause. Thirty-three oil tanker cars derailed Friday just south of Doon in Lyon...


Business

AP Top Business News at 4:14 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 Cause of Iowa derailment, oil spill amount still under wraps Police: Backup driver in fatal Uber crash was distracted Car...


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

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

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

The Latest: Iowa gov to visit site of derailment, oil spill

Derailment Evacuation

DOON, Iowa (AP) — The Latest on the crude oil leaking after a train derailment in northwest Iowa (all times local): 2 p.m. Iowa Gov. Kim Reynolds is set to visit the site of an oil train derailment and oil spill in the northwestern corner of the state. Reynolds’ office says in a news release that...


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...


Business

Florida gets high marks for handing of state finances

TALLAHASSEE, Fla. (AP) — Florida is getting high marks from a major ratings agency for a “sustained” and “robust” recovery from the Great Recession. Moody’s Investors Services upgraded the state’s bond rating to AAA. That’s the highest rating the agency awards and means Florida will pay lower...


Business

Online sellers consider how to comply with sales tax ruling

Supreme Court Sales Tax Small Businesses

NEW YORK (AP) — While a Supreme Court ruling on sales taxes will create more obligations and expenses for many small online retailers, owners are already thinking about how they’ll comply. The decision allows states to require out-of-state businesses to collect sales tax from customers in other...


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