Zurawik: Let's stop the Hitler talk in the media

National Business News

  • US new-home sales rise in sign of housing market health

    Americans bought more new homes in January after a steep fall-off the previous month, a sign the housing market is healthy despite higher mortgage rates. New home sales rose 3.7 percent to a seasonally-adjusted 555,000, the Commerce Department said Friday. That is 5.5 percent higher than a year...

  • Agency plans to award Mexico border wall contracts by April

    U.S. Customs and Border Protection said Friday that it plans to start awarding contracts by mid-April for President Donald Trump's proposed border wall with Mexico, signaling that he is aggressively pursuing plans to erect "a great wall" along the 2,000-mile border. The agency said it will request...

  • Trump tower opens in Vancouver but the welcome isn't warm

    The furies unleashed by Donald Trump's rise to the U.S. presidency are shaking Vancouver, where a gleaming new Trump International Hotel and Tower is about to open. The mayor wants its name changed. A city councilman calls it "over the top, glitz and glamor" that clashes with Canadian values. And...

  • J.C. Penney to shut 130-plus stores, offer early retirements

    J.C. Penney is joining its department store rivals in pruning its store numbers in an era of online shopping. Penney said Friday that it will close 130 to 140 stores as well as two distribution centers over the next several months as it tries to improve profitability. The company said that it would...

  • VW makes $5.4 billion profit in 2016, limits executive pay

    Volkswagen bounced back into the black in 2016 after suffering a loss the previous year due to the diesel emissions scandal, according to figures released by the German automaker Friday. The company reported a net profit attributable to Volkswagen AG shareholders of 5.1 billion euros ($5.4 billion)...

  • US stocks dip as banks and energy companies fall

    U.S. stocks are losing ground Friday as banks fall and energy companies continue to slide. The Dow Jones industrial average is on track to break a 10-day winning streak. The losses are modest, but there's far more selling than buying on Wall Street. Investors are looking for safer places to put...

  • Montana landowners say government botched arsenic cleanup

    George Niland wonders whether he should wear a respirator when he mows his lawn. Serge Myers laments not being able to garden in his backyard. Rob Phillips puzzles over why his 22 acres have been marked as an unblemished island surrounded by a sea of contamination. The three men all live in the...

  • New Jersey OKs gas pipeline through protected Pinelands

    New Jersey environmental regulators on Friday approved a hotly contested plan to run a natural gas pipeline through a federally protected forest preserve amid raucous protests that included drums, tambourines and choruses of "This Land Is Your Land." The 15-member New Jersey Pinelands Commission...

  • Italy vows to be ready in time to host G-7 in Sicilian town

    Italy still needs to build two helicopter landing pads and repave miles of road, but a top government official promised Friday that everything will be ready for the May 26-27 G-7 summit being held in a stunning Sicilian town overlooking the sea. The annual summit will see U.S. President Donald...

  • Royal Bank of Scotland has lost money for 9 straight years

    Royal Bank of Scotland has lost money for nine consecutive years after it set aside another 4 billion pounds ($5 billion) in the fourth quarter of 2016 to cover the costs of misconduct during the financial crisis and targeted a return to profits in 2018. Taxpayer-owned RBS on Friday reported a...

  • Report: German spy agency targets foreign reporters' phones

    The German weekly Der Spiegel reports that the country's spy agency had at least 50 numbers and email addresses of journalists among its surveillance targets. Spiegel reported Friday that a list seen by the magazine contained over a dozen numbers belonging to the BBC in Afghanistan and London....

  • France opens full fake jobs inquiry into candidate Fillon

    The French financial prosecutor's office decided Friday to open a judicial inquiry surrounding the allegedly fake parliamentary aide jobs that conservative presidential candidate Francois Fillon gave to his wife and two of his children. After a preliminary investigation opened Jan. 25, the prosecutor's...

  • GOP governors outline health care plan, Medicaid changes

    Republican governors from seven states are calling for dramatic changes to Medicaid, which provides insurance to more than 70 million low-income Americans, as they nervously watch President Donald Trump and GOP congressional leaders move to repeal and replace the Obama-era health law. At the same...

  • Correction: Trump-Manufacturing story

    In a story Feb. 23 about a meeting that President Donald Trump held with two dozen manufacturing executives, The Associated Press referred incorrectly to Doug Oberhelman as the CEO of Caterpillar Inc. Oberhelman is the current chairman and former CEO of Caterpillar. A corrected version of the story...

  • Greece's Tsipras: the era of austerity is over

    Greece's era of austerity is over, Greek Prime Minister Alexis Tsipras claimed Friday, as he painted a positive picture of the reforms his government has agreed to take after the bailout program ends in 2018. Speaking in parliament, Tsipras described the deal reached Monday as an "exceptional success"...

  • Kenya cleared for direct flights to the US after a decade

    The U.S. Federal Aviation Administration says Kenya has complied with international safety standards and can have direct flights to the U.S. after waiting for more than a decade. The FAA in a statement Thursday said Kenya has received a category 1 rating under the agency's International Aviation...

  • Lawmakers renew push for drilling in Alaska wildlife refuge

    Former U.S. Sen. Frank Murkowski in 2001 gave a speech urging colleagues to approve oil drilling in America's largest wildlife refuge. The Alaska Republican held up a blank sheet of paper to illustrate his point. The field of white, he said, was all you could see each winter on the coastal plain...

  • Austrian court orders release of Ukrainian oligarch Firtash

    An Austrian court has ordered that Ukrainian oligarch Dymitro Firtash be released from custody pending decisions on separate U.S. and Spanish extradition requests for him. Firtash already posted 125 million euros ($132 million) bail and surrendered his passport three years ago when the U.S. extradition...

  • China, France overtake US as top German trade partners

    New statistics show that China and France have overtaken the U.S. as Germany's largest trading partners. Germany's Federal Statistical Office reported Friday that trade between the country and China in 2016 totaled some 170 billion euros (currently $180 billion) worth of goods. Import and export...

  • Google-bred company accuses Uber of self-driving car theft

    A self-driving car company founded by Google is colliding with ride-haling service Uber in a court battle revolving around allegations of betrayal, high-tech espionage and greed. The brewing showdown emerged late Thursday in a lawsuit filed in a San Francisco federal court by Waymo, a once-secretive...

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