Mercedes in China apologizes for quoting Dalai Lama abroad
BEIJING — Mercedes-Benz issued an apology in China on Tuesday for quoting the Dalai Lama, the Tibetan spiritual leader who is reviled by Beijing, on social media abroad in a reflection of foreign...
View ArticleBoeing announces over $900 million in orders at Singapore
SINGAPORE — Boeing announced more than $900 million in orders on Tuesday at the Singapore Airshow from companies in the region and beyond. “Predicted growth for aerospace services in the Asia-Pacific...
View ArticleDunkin’ Donuts to stop using foam cups by 2020
NEW YORK — Foam cups at Dunkin’ Donuts will soon be history, removing what the company estimates will be a billion of them each year from the waste stream. Dunkin’ said Wednesday that the polystyrene...
View ArticleElectric cars have benefits, but likely won’t save you money
DETROIT — Electric cars have a lot of perks: zero emissions, a quiet ride and instant acceleration. But can they save you money? Probably not. Electric car prices are falling, but they still cost more...
View ArticleReport Amazon readying delivery service sends ‘shivers down the spines’ of...
Shares of FedEx and UPS slipped following a media report that Amazon.com is readying its own air delivery service, meaning not only that the companies may see diminished business from a massive client,...
View ArticleBritain announces temporary halt to Oxfam funding
LONDON — The British government on Friday suspended new funding to aid agency Oxfam, which had some staff accused of sexually exploiting people in crisis zones. The group’s chief called the allegations...
View ArticleGM to close auto plant in South Korea in restructuring
SEOUL, Korea, Republic Of — General Motors said Tuesday it will close an underutilized factory in Gunsan, South Korea, by the end of May as part of a restructuring of its operations. The move is a...
View ArticleLexus tops vehicle dependability study for 7th straight year
DETROIT — Lexus is the most dependable vehicle brand for the seventh consecutive year in J.D. Power’s annual survey. Porsche, Buick, Infiniti and Kia round out the top five brands in the survey. The...
View ArticleUS inflation pressures raising expectations for rate hikes
WASHINGTON — Inflation pressures appear to be building in the U.S. economy, a prospect that is heightening anxiety about potentially higher borrowing rates that could slow economic growth. The latest...
View ArticleMcDonald’s puts Happy Meal on a diet as it ditches cheeseburger, chocolate...
NEW YORK — McDonald’s in the U.S. will soon banish cheeseburgers and chocolate milk from its Happy Meal menu in an effort to cut down on the calories, sodium, saturated fat and sugar that kids consume...
View ArticleNew Wynn Resorts CEO denies knowing of claims against mogul
LAS VEGAS — The new CEO of Las Vegas-based Wynn Resorts said he was not aware of any of the sexual misconduct accusations against casino mogul Steve Wynn before they surfaced last month. Matt Maddox,...
View ArticleGroups want details on Trump’s approval of Keystone pipeline
BILLINGS, Mont. — Opponents of the proposed Keystone XL oil pipeline from Canada are asking a judge to force the U.S. government to turn over emails and other documents related to President Donald...
View ArticleInvestors are winners as companies lay out tax-saving plans
NEW YORK — It’s just what the GOP said we’d hear from a CEO after being handed a big tax break. But when Charles Scharf announced plans last month to spend his company’s tax savings on higher wages and...
View ArticleCan Brexit be stopped? Pro-EU campaigns try to turn the tide
LONDON — Britain is due to leave the European Union in just over a year. The country’s main political parties agree that the decision can’t be reversed. But with the U.K. government divided over the...
View ArticleTo get a ride, Uber says take a walk
DETROIT — The latest variation of an Uber ride will require a short walk. In eight U.S. cities, the ride-hailing company is rolling out a service called “Express Pool,” which links riders in the same...
View ArticleWhite House says US could reach 3 per cent growth rate
WASHINGTON — The White House’s top economist said Wednesday the U.S. could achieve annual growth rates of 3 per cent through the next decade if President Donald Trump’s policies on regulations and...
View ArticleNew Fed chair Powell says U.S. economy outlook strong, signals gradual rate...
WASHINGTON — Federal Reserve Chairman Jerome Powell told Congress Tuesday that the outlook for the U.S. economy “remains strong” despite the recent stock market turbulence, keeping the central bank on...
View ArticleAmerican sporting goods store Dick’s ends sales of assault-style rifles in...
NEW YORK — Dick’s Sporting Goods will immediately stop selling assault-style rifles and ban the sale of all guns to anyone under 21, the company said Wednesday, as its CEO took on the National Rifle...
View ArticleSaudi women take the wheel, test-driving a new freedom
JIDDAH, Saudi Arabia — Fatima Salem giggles with hesitation when it’s her turn to drive through a small parking lot lined with bright orange cones and arrows. Like millions of Saudi women, she plans on...
View ArticleAir India gets OK to fly to Israel via Saudi airspace
NEW DELHI — India’s national carrier has secured permission to begin direct flights between New Delhi and Tel Aviv that will pass through Saudi airspace, an official said Wednesday. Air India spokesman...
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