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Colonial-era Korean laborers want Mitsubishi compensation
SEOUL, South Korea (AP) — Colonial-era Korean laborers have formally registered their request with a South Korean court to get its approval for the sale of local assets of their former Japanese employer.A South Korean support group says lawyers for the ex-laborers sent such a request Tuesday because Japan's Mitsubishi Heavy Industries refused to comply with a court order to compensate them for forced labor during the 1910-45 Japanese colonization.
Japanese Chief Cabinet Secretary Yoshihide Suga says "the movement of cashing assets of Japanese companies is very... Read More
Much of Venezuela in the dark again after massive blackout
CARACAS, Venezuela (AP) — The lights went out across much of Venezuela, reviving fears of the blackouts that plunged the country into chaos a few months ago as the government once again accused opponents of sabotaging the nation's hydroelectric power system.The power in the capital went out after 4 p.m. (2000 GMT) Monday and immediately backed up traffic as stop lights and the subway stopped working during rush hour. As night fell in Caracas many were wondering how long they would be left in the dark.
"This is horrible, a disaster," Reni Blanco, a 48-year-old... Read More
Deal sealed on federal budget, ensuring no shutdown, default
WASHINGTON (AP) — President Donald Trump and congressional leaders announced Monday a critical debt and budget agreement that's an against-the-odds victory for Washington pragmatists seeking to avoid political and economic tumult over the possibility of a government shutdown or first-ever federal default.The deal, announced by Trump on Twitter and in a statement by Democratic House Speaker Nancy Pelosi and Senate Democratic leader Chuck Schumer, will restore the government's ability to borrow to pay its bills past next year's elections and build upon recent large budget... Read More
Trump meets with chipmakers on Huawei, other economic issues
WASHINGTON (AP) — President Donald Trump met with executives from several of the nation's leading chip and computer part makers Monday and discussed restrictions his administration has imposed on the sale of components to Chinese telecommunications giant Huawei, the White House said.Huawei is embroiled in a trade dispute between China and the U.S. The Trump administration in May sanctioned Huawei, which it has deemed a threat to national security, and curbed sales of U.S. equipment to the Chinese company. The move was widely seen as intended to persuade resistant U.S... Read More
Leader of American Airlines pilots wants candor from Boeing
FORT WORTH, Texas (AP) — The new president of the American Airlines pilots' union says his group will help assure the public that the Boeing 737 Max is safe when it is cleared to fly again.But Eric Ferguson also says Boeing needs to fully explain how the Max differs from previous versions of the 737 — something Boeing failed to do when it rolled out the new model.
"We can't know what we do not know, so we are expecting full disclosure of every modification to the air frame," Ferguson told reporters Monday.
Ferguson took over the Allied Pilots... Read More
Top Stories in Business/Finance
- Colonial-era Korean laborers want Mitsubishi compensation
- Much of Venezuela in the dark again after massive blackout
- Deal sealed on federal budget, ensuring no shutdown, default
- Trump meets with chipmakers on Huawei, other economic issues
- Leader of American Airlines pilots wants candor from Boeing
- After bailouts, Greece wants easier budget targets
- Elevated opioid risks found at Native American hospitals
- FDA approves 9 generic versions of nerve pain drug Lyrica
- Equifax to pay up to $700M in data breach settlement
- British Airways pilots vote to strike in pay dispute
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