NEW YORK (AP) — Senator Elizabeth Warren’s fight with Wall Street escalated when billionaire investor Leon Cooperman called the presidential candidate’s proposal to put a new tax on the nation’s wealthiest people a plan to “penalize success” and said her ideas “made no sense.” “If this lady wins, we’re in big trouble,” Cooperman said Thursday in an interview on business news channel CNBC.
A day of listless trading on Wall Street ended Thursday with another record high for the S&P 500. The benchmark index notched its third consecutive gain after spending most of the day wavering between small gains and losses.
NEW YORK (AP) — Disney’s new streaming service has added a disclaimer to "Dumbo," “Peter Pan” and other classics because they depict racist stereotypes, underscoring a challenge media companies face when they resurrect older movies in modern times.
WASHINGTON (AP) — The deputy to outgoing Energy Secretary Rick Perry told lawmakers Thursday that he had no role in the Ukraine matters now at the heart of the House’s impeachment investigation as he tried to distance himself from the controversy with the Senate considering his Cabinet nomination.
WASHINGTON (AP) — U.S. long-term mortgage rates rose this week amid optimism over prospects for the U.S. economy. Rates remain at historically low levels, however, as an incentive to prospective homebuyers.
The utility that serves more than 5 million electrical customers in one of the world’s most technologically advanced areas is now faced again and again with a no-win decision: risk starting catastrophic deadly wildfires, or turn off the lights and immiserate millions of paying customers.
DETROIT (AP) — When it comes to buying a new car, the latest and greatest may not be the most dependable. In its annual auto reliability survey this year, Consumer Reports found that while newly redesigned models have the latest infotainment, safety and fuel-economy technology, they also come with glitches that frustrate owners.
NEW YORK (AP) — The wildfires that are rampant this time of year in California force small business owners to be prepared in the same way as owners in other parts of the country who deal with tornadoes and other natural disasters.
VATICAN CITY (AP) — Pope Francis called Thursday for Facebook, Apple, Microsoft, Google and other tech companies to urgently take measures to remove child porn from the web and prevent children from accessing pornography online.
COPENHAGEN, Denmark (AP) — Norway's sovereign wealth fund says it is banning all financial holdings in British security services company G4S due to the risk that it “contributes to or is responsible for serious or systematic human rights violations.” The board of the world's largest fund of its kind said Thursday’s decision came after a recommendation from Norway’s Council on Ethics, which monitors investments.
WASHINGTON (AP) — U.S. producer prices rose 0.4% in October, the biggest jump in six months, reflecting a surge in energy costs. The Labor Department said Thursday that the October increase in its producer price index, which measures price pressures before they reach consumers, followed a 0.3% decrease in September.
BEIJING (AP) — Global stock markets slipped Thursday amid doubts about a U.S.-Chinese trade deal and after the U.S. Federal Reserve chairman said it is likely to leave its benchmark interest rate unchanged.
BAGHDAD (AP) — Waves of violent protests have engulfed Baghdad and Iraq’s southern provinces, with demonstrators chanting for the downfall of a political establishment that they say doesn’t prioritize them.
BEIJING (AP) — China pressed Washington on Thursday to roll back punitive tariffs in a tentative trade deal. A tariff cut is an “important condition” for the agreement that is part of talks on ending a costly trade war, said Commerce Ministry spokesman Gao Feng.