• Volkswagen's top US executive offers sincere apology for emissions cheating

    Updated: 12 hr ago

    WASHINGTON (AP) — Volkswagen's top US executive offers sincere apology for emissions cheating.

  • Some travelers love to hate the new discount airlines

    Updated: 12 hr ago

    DALLAS (AP) — When the delay on his 90-minute flight stretched past the four-hour mark, David Rankin started tweeting to Spirit Airlines as he and other passengers grew restless. "We're looking at the plane," Rankin said by phone from a Spirit gate at the Philadelphia airport. "There are no pilots." Rankin, an investment manager from New Jersey, swore it would be his last time on the discount airline. "My wife won't let me book a flight on Spirit next time," he said. Spirit is one of a new breed of airline called ultra-low-cost carriers that also includes Frontier Airlines and Allegiant Air. They have grown rapidly by luring travelers with cheap base fares that undercut the big airlines, and boast among the best opera

  • Holiday sales seen rising 3.7 percent

    Updated: 12 hr ago

    NEW YORK (AP) — Americans are expected to spend at a slower pace than last year during the crucial winter holidays, weighed down by sluggish wage growth and other factors, according to the nation's largest retail industry trade group. The National Retail Federation, based in Washington, D.C., predicts holiday spending will be up 3.7 percent to $630.5 billion, slower than the 4.1 percent increase during last year's November-December period. It would mark the first slowdown since 2012, when retailers were hurt by Super Storm Sandy, which disrupted households and businesses for months, as well as other distractions like a stalemate in Congress. The dollar figure excludes sales from autos, gas and restaurants but includes

  • Encana selling holdings in Colorado's DJ Basin

    Updated: 12 hr ago

    DENVER (AP) — Encana Corp. is selling some once prized oil and gas holdings in Colorado. The Canadian company announced Thursday that its U.S. subsidiary has reached a deal to sell its assets in the oil-rich Denver Julesburg Basin to a partnership headed by the Canada Pension Plan Investment Board. It says the sale, which is subject to regulatory approval, is worth about $900 million. The deal includes 51,000 acres of land in the basin, which stretches from Denver to the Wyoming border. Encana has been selling off assets because of low oil and gas prices and focusing on four producing areas — two in Western Canada and two in Texas.

  • Donald Trump takes wind farm dispute to UK Supreme Court

    Updated: 12 hr ago

    LONDON (AP) — U.S presidential candidate Donald Trump has begun the latest round in his legal battle against a Scottish offshore wind farm project. The Republican billionaire, who owns a luxury golf resort in Scotland, wants five British Supreme Court justices to stop wind turbines being built off the Aberdeenshire coast. Trump argues that the 11-turbine wind farm, approved by the Scottish government in 2013, will spoil the view for guests at his Menie golf resort, about 3.5 kilometers (2.2 miles) away. The 69-year-old businessman bought and developed the estate in 2006. Trump's lawyers have already lost the case twice in Scottish courts. The property mogul did not attend Thursday's hearing in London.

  • Drop in applications for US unemployment benefits last week

    Updated: 12 hr ago

    WASHINGTON (AP) — Fewer Americans sought unemployment benefits last week, as employers hold onto workers despite a recent slowdown in hiring because of global pressures weighing on the U.S. economy. The Labor Department said Thursday that weekly applications for jobless aid fell 13,000 to a seasonally adjusted 263,000. The four-week average, a less volatile figure, has fallen 8.2 percent over the past year to 267,500. Applications are a proxy for layoffs. Recent lows had pointed to greater confidence among employers. The drop in weekly applications has reduced the total number of people receiving benefits. There are 2.2 million Americans collecting jobless aid, close to the lowest total since November 2000.

  • Greek town glimpses mass transit future: driverless buses

    Updated: 13 hr ago

    TRIKALA, Greece (AP) — There'll be no arguing with the driver on this bus: the rides are free and there's no driver anyway. Trikala, a rural town in northern Greece, has been chosen to test a driverless bus in real traffic conditions for the first time, part of a European project to revolutionize mass transport and wean its cities off oil dependency over the next 30 years. Trials of the French-built CityMobil2 buses started last week and will last through late February. Over the past year, CityMobil2 has been tried out near its base in La Rochelle in western France, on a campus in Lausanne, Switzerland, and near Helsinki, Finland, all in controlled conditions that produced no accidents.

  • Domino's Pizza shares fall on weaker than expected 3Q profit

    Updated: 14 hr ago

    ANN ARBOR, Mich. (AP) — Shares of Domino's Pizza fell sharply in premarket trading Thursday after the pizza chain reported weaker than expected earnings for the third quarter. The Ann Arbor, Michigan-based company reported earnings of $37.8 million, or 67 cents per share, missing Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 74 cents per share. The company reported revenue of $484.7 million in the period, exceeding Street forecasts. Six analysts surveyed by Zacks expected $482.3 million. Domino's said sales at U.S. stores open at least a year, a key sign of a retailer's health, rose 10.5 percent in the quarter compared with the same period a y

  • Filings for US jobless aid fell to 263K last week, few signs of layoffs despite slower hiring

    Updated: 14 hr ago

    WASHINGTON (AP) — Filings for US jobless aid fell to 263K last week, few signs of layoffs despite slower hiring.

  • Oil-starved Nepal seeks suppliers to bring fuel by air

    Updated: 14 hr ago

    KATHMANDU, Nepal (AP) — Struggling with a fuel shortage after Indian shipments stopped, Nepal is asking suppliers to bring gasoline and kerosene by airplane before the Himalayan country begins celebrating its biggest festival of the year. And for the first time, it is looking to import fuel from China. The state-run Nepal Oil Corp. said Thursday it also needs aviation fuel and diesel, after supplies were cut off two weeks ago. Since then, the country has had to halt all fuel sales for private vehicles, and was rationing what was left among hospitals, government offices and police.

  • China stocks jump, other world markets await Fed minutes

    Updated: 14 hr ago

    LONDON (AP) — Pent-up investor demand fueled a jump in Shanghai stocks after Chinese markets reopened Thursday following an extended holiday but other world bourses were lackluster ahead of the release of minutes from the U.S. Federal Reserve's latest policy meeting. KEEPING SCORE: In Europe, France's CAC 40 was up 0.1 percent to 4,672 while Germany's DAX added 0.2 percent to 9,993. Britain's FTSE 100 was 0.5 percent higher at 6,359. U.S. shares were poised to open lower with Dow futures and the broader S&P 500 futures down 0.3 percent. CENTRAL BANKS: The Bank of England decided to keep its main interest rate at the record low of 0.5 percent, with only one member of the nine-strong policymaking panel voting for an increase.

  • BioMed selling to Blackstone for $8 billion

    Updated: 15 hr ago

    NEW YORK (AP) — Blackstone Real Estate Partners is buying BioMed Realty Trust Inc. in an all-cash deal valued at $8 billion. The deal, for $23.75 per share, marks a 10 percent premium to BioMed's closing price on Wednesday. San Diego's BioMed, which owns properties in the drug development and life sciences industries, said Thursday that its board of directors approved the deal. The companies expect to close the acquisition in the first quarter of next year. BioMed CEO Alan D. Gold said demand is outpacing supply for real estate to support a growing life sciences industry and that the sale helps maximize the company's value. Blackstone was drawn to BioMed because of the company's holdings in key life sciences markets l

  • Researcher: Children's cancer linked to Fukushima radiation

    Updated: 18 hr ago

    TOKYO (AP) — A new study says children living near the Fukushima nuclear meltdowns have been diagnosed with thyroid cancer at a rate 20 to 50 times that of children elsewhere, a difference the authors contend undermines the government's position that more cases have been discovered in the area only because of stringent monitoring. Most of the 370,000 children in Fukushima prefecture (state) have been given ultrasound checkups since the March 2011 meltdowns at the tsunami-ravaged Fukushima Dai-ichi nuclear plant. The most recent statistics, released in August, show that thyroid cancer is suspected or confirmed in 137 of those children, a number that rose by 25 from a year earlier.

  • Clinton joins Democrats against Pacific trade deal

    Updated: 18 hr ago

    WASHINGTON (AP) — Hillary Rodham Clinton has joined her Democratic presidential rivals in opposing President Barack Obama's Pacific trade deal, delivering a major blow to a Democratic president as she works to court her party's liberal base. The now-united opposition from the Democratic presidential field leaves Obama in the uncomfortable position of watching a Democratic presidential debate next week in which none of the major candidates is willing to defend a deal that the White House sees as a key piece of his presidential legacy. The Trans-Pacific Partnership trade accord has enraged the labor unions, environmentalists and other liberal constituencies whose support is crucial in the Democratic primary contest.

  • Commission investigates safety issues with some gas hookups

    Updated: 18 hr ago

    LANSING, Mich. (AP) — The Michigan Public Service Commission says it's looking into safety issues involving natural gas pipeline hookups to certain homes and businesses. The commission says some lines serving residential or commercial customers are connected directly to gas storage fields, transmission pipelines, regulated and unregulated gathering lines, oil and gas wells and gas processing facilities. The connections often are made when the operator of the pipeline or storage field provides gas to a property owner in exchange for a right-of-way or easement across the property. But the commission says those arrangement might not comply with gas safety standards.

  • Unitil opens larger natural gas center in Maine

    Updated: 18 hr ago

    PORTLAND, Maine (AP) — Unitil has opened a larger natural gas operations center in Maine as it continues to experience business growth. The utility has grown its customer base in the state by 2 to 3 percent annually since purchasing Northern Utilities in 2008. Since then, Unitil has increased staff at its Unitil Portland location by about 35 percent. The increased square footage and modern facilities are an integral part of Unitil's efforts to improve underground gas line infrastructure in the Portland area. Unitil — based in Hampton, New Hampshire — also has operations in Massachusetts.

  • California wants renewable energy for half its power by 2030

    Updated: 19 hr ago

    LOS ANGELES (AP) — Gov. Jerry Brown dramatically increased California's climate-change goals, committing the state to use renewable energy for half its electricity and make existing buildings twice as energy-efficient in just 15 years. Brown tried for an even stronger measure that also would have enforced a 50 percent drop in petroleum use by 2030, but was defeated by oil interests. He called that a short-term setback, and insisted that the world needs to wean itself off fossil fuels as quickly as possible. "What has been the source of our prosperity now becomes the source of our ultimate destruction, if we don't get off it.

  • Fiat Chrysler avoids strike with new tentative contract

    Updated: 20 hr ago

    DETROIT (AP) — Fiat Chrysler has avoided an expensive strike at its U.S. plants after reaching a tentative labor agreement with the United Auto Workers union. UAW announced the agreement just after 11:59 p.m. Wednesday, which was the deadline the union had set to reach a new deal or possibly go on strike. The Italian-American automaker confirmed it had reached a new tentative agreement with the union but said in a statement that the company cannot discuss the specifics because the deal is subject to member ratification. A spokeswoman declined further comment. UAW, which represents around 40,000 FCA factory workers at 23 U.S. plants, said in a post on its website that its bargaining committee had "secured significant g

  • Canadian Valley Technology Center hosts 'unconference'

    Updated: 20 hr ago

    YUKON — David Venard uses Twitter in the classroom to display students' work in his Auto Body Technology program at Canadian Valley Technology Center. He also helped inspire campuswide use of Twitter among peer instructors and staff. People have taken notice. Venard was one of the guest speakers at EdcampCTE, a career and technical education event at the Earl Cowan Campus in Yukon. Unlike traditional conferences with agendas set months in advance by people running the conference, Edcamp's "unconference" agenda was created by the participants at the start of the event. Instead of one person standing in front of the room talking for an hour, nearly 100 conference participants were encouraged to have discussions an

  • Is the shift to all-day breakfast a good business move for McDonald's?

    Kelsey Dallas, Deseret News | Updated: Tue, Oct 6, 2015

    Many McDonald's fans are celebrating the increased availability of breakfast foods, but the change could cost the fast-food chain.