• Reports say Japan prosecutors to hold Ghosn for 10 more days
    Finance
    Associated Press

    Reports say Japan prosecutors to hold Ghosn for 10 more days

    Nissan chairman Carlos Ghosn will be detained for another 10 days following his arrest on suspicion of falsifying income reports by millions of dollars and misusing company assets for personal gain, Japanese media reported Wednesday. Nissan's board of directors is due to meet Thursday and decide

  • Renault-Nissan alliance shaken, but divorce would be costly
    News
    AFP News

    Renault-Nissan alliance shaken, but divorce would be costly

    When Carlos Ghosn began laying the groundwork nearly two decades ago for a partnership between Renault and Nissan, he was careful not to call it a merger, hoping to avoid any resentment over rescuing one of Japan's storied carmakers. After integrating production and purchasing and streamlining management

  • It may be harder to find the perfect Christmas tree
    Finance
    Associated Press

    It may be harder to find the perfect Christmas tree

    People may need to trim back their Christmas tree expectations this year. A tight supply means some shoppers will be paying more and searching longer for that perfect Christmas tree this holiday season. The yuletide market imbalance was created a decade ago when a glut of Christmas trees and the Great

  • Finance
    Associated Press

    Utilities encourage energy savings with smart thermostats

    As temperatures drop and winter looms, homeowners and property managers are sweeping chimneys, insulating pipes and swapping screens for storm windows. Smart thermostats — which let consumers adjust their home temperatures remotely using any internet-connected device — are among the most popular smart

  • Finance
    Associated Press

    AP Top Extended Financial Headlines at 10:38 a.m. EST

    US home sales rose 1.4 percent in October, snapping 6-month losing streak though still down from year ago

  • Finance
    Associated Press

    Small business tax planning looms. Tips to make it easier

    Year-end tax planning, something that should be part of a small business owner's annual routine, is particularly important now because of the tax law enacted nearly a year ago. — Don't do it alone — schedule an appointment with an accountant, tax attorney or enrolled agent. Owners should be

  • Kosovo sets tariffs on Serbia, Bosnia as ties strain
    Finance
    Associated Press

    Kosovo sets tariffs on Serbia, Bosnia as ties strain

    Kosovo's government says it will put a 100 percent import tax on all goods imported from Serbia and Bosnia Herzegovina as diplomatic tensions rise. Wednesday's decision seems to be retaliation against what Deputy Prime Minister Enver Hoxhaj said was Serbia's "aggressive campaign against

  • Tuilagi gets last chance to prove fitness for England
    News
    AFP News

    Tuilagi gets last chance to prove fitness for England

    Manu Tuilagi has one last training session to prove his fitness for England's final autumn Test against Australia at Twickenham on Saturday. Tuilagi was expected to be ruled out by the groin strain that has prevented him from playing this month, only to be retained in a 26-man squad that is making

  • Do these 5 things by Dec. 31 to cut your tax bill
    Finance
    Associated Press

    Do these 5 things by Dec. 31 to cut your tax bill

    It may seem too early to start thinking about your tax return, but procrastination could cost you thousands of dollars. In 2018, you can funnel up to $18,500 ($24,500 if you're 50 or older) of your pay into one and avoid paying taxes on that money until you withdraw the funds. If you don't

  • US home sales rise 1.4 percent, snap 6-month losing streak
    Finance
    Associated Press

    US home sales rise 1.4 percent, snap 6-month losing streak

    The National Association of Realtors said Wednesday that sales of existing homes climbed 1.4 percent to a seasonally adjusted annual rate of 5.22 million last month from 5.15 million in September. "No way is the housing market on solid ground at the moment," says Lawrence Yun, the association

  • Days from summit, May takes Brexit battle to Brussels
    News
    AFP News

    Days from summit, May takes Brexit battle to Brussels

    Theresa May briefly escapes the Westminster bear pit to bring her Brexit battle to Brussels on Wednesday, just four days before the divorce deal is to be signed. After enduring another parliamentary grilling at prime minister's questions in London, the British leader crossed the Channel to visit

  • Heavy rains unearth Iraqi mines in Kuwaiti desert
    News
    AFP News

    Heavy rains unearth Iraqi mines in Kuwaiti desert

    Unprecedented heavy rains which recently lashed Kuwait unearthed dozens of land mines planted by Iraqi troops during their 1990-91 occupation, disrupting the emirate's popular desert camping season, officials said Wednesday. Authorities have closed 18 desert sites and have so far removed at least

  • News
    AFP News

    Guardiola warned by FA over referee comments

    Manchester City manager Pep Guardiola was formally warned by the Football Association on Wednesday over comments he made about referee Anthony Taylor before the Manchester derby. Guardiola went against FA rules by discussing the suitability of the appointment of the official, who is from a Manchester

  • Businesses must learn new tax law or pay the price in 2019
    Finance
    Associated Press

    Businesses must learn new tax law or pay the price in 2019

    Small business owners who don't take time to understand the new tax law may be in for a painful filing season next spring. While accountants and tax attorneys always recommend owners review their finances and meet with tax professionals well before Dec. 31, it's particularly important now because

  • Virtual reality resurrects ancient Rome bit by bit
    News
    AFP News

    Virtual reality resurrects ancient Rome bit by bit

    Gazing upon the splendours of ancient Rome is no longer a luxury reserved for visitors to the Italian capital, as temples opened their doors internationally with a digital project launched Wednesday after decades of planning. The Rome Reborn tour is the first to show users over 7,000 buildings and monuments

  • French island rocked by cost-of-living protests
    News
    AFP News

    French island rocked by cost-of-living protests

    Thirty police officers have been injured in five days of protests over rising living costs on the French Indian Ocean island of La Reunion, the government in Paris said Wednesday. The "yellow vest" movement, which brought hundreds of thousands of people onto French streets last weekend to

  • Stocks open higher on Wall Street after 2 days of big losses
    Finance
    Associated Press

    Stocks open higher on Wall Street after 2 days of big losses

    Major technology companies including Apple and Microsoft are up after they've tumbled in the last few days. Crude oil prices are up about 2 percent after they sank to a one-year low a day earlier. TECH TURNAROUND: Technology companies recovered a sliver of their recent losses.

  • UAE court sentences British student to life for spying
    News
    AFP News

    UAE court sentences British student to life for spying

    A United Arab Emirates court sentenced British student Matthew Hedges to life in jail on spying charges on Wednesday, prompting a "shocked" Britain to warn of repercussions for relations with its longstanding Gulf ally. "The hearing lasted less than five minutes, and his lawyer was not

  • British, EU leaders to meet as Brexit deadline looms
    Finance
    Associated Press

    British, EU leaders to meet as Brexit deadline looms

    British Prime Minister Theresa May told skeptical lawmakers on Wednesday that rejecting her divorce deal with the European Union would mean uncertainty and division, before a meeting with European Commission President Jean-Claude Juncker to help finalize the Brexit agreement. The U.K. and the European

  • Oil plunge could help consumers; Trump tweets 'Enjoy!'
    Finance
    Associated Press

    Oil plunge could help consumers; Trump tweets 'Enjoy!'

    Holiday shoppers should enjoy more spending power thanks to the recent sharp drop in oil prices, though cheaper energy could also weigh on the U.S. economy by dampening investment in shale oil production. While the fall in oil prices doesn't yet match the 2014-2016 slump to $26 per barrel, the current

  • Finance
    Associated Press

    US home sales rose 1.4 percent in October, breaking six-month losing streak though still down from year ago

    US home sales rose 1.4 percent in October, breaking six-month losing streak though still down from year ago.

  • Groundbreaking surgeon to officiate in Real Madrid game
    News
    AFP News

    Groundbreaking surgeon to officiate in Real Madrid game

    Groundbreaking Spanish surgeon Cesar Noval will set aside the scalpel on Saturday and pick up an assistant referee's flag to run the line as Eibar host Real Madrid in La Liga Noval made headlines across Spain on Wednesday for carrying out an entire female-male sex change in a single marathon operation

  • Isolated Indian tribe kill American intruder
    News
    AFP News

    Isolated Indian tribe kill American intruder

    Members of one of the world's last tribes untouched by modern civilisation have killed an American who ventured illegally onto their remote island, Indian police said Wednesday. John Allen Chau, 27, was hit by a hail of arrows as he set foot on North Sentinel Island, part of the Indian Andaman Islands

  • Markets Right Now: Stocks are opening higher on Wall Street
    Finance
    Associated Press

    Markets Right Now: Stocks are opening higher on Wall Street

    The latest on developments in financial markets (all times local): 9:35 a.m. Stocks are opening higher on Wall Street as big technology companies like Apple claw back some of the ground they lost in a ...