Business

FILE- In this Dec. 6, 2018, file photo specialist Peter Mazza works at his post on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Thursday, Dec. 13. (AP Photo/Richard Drew, File)
December 13, 2018 - 12:26 pm
NEW YORK (AP) — U.S. stocks are mostly lower Thursday as banks and retailers fall while safer, high-dividend stocks in real estate and utilities climb. The European Central Bank said it will end its bond-buying economic stimulus program at the end of the year, but trimmed its forecasts for economic...
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December 13, 2018 - 12:12 pm
BOSTON (AP) — Four former employees and an owner of the Massachusetts facility responsible for a nationwide fungal meningitis outbreak that killed 76 people and sickened hundreds have been convicted of charges including mail fraud and conspiracy to defraud the U.S. A Boston jury on Thursday...
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This May 29, 2018 photo provided by Virgin Galactic shows the VSS Unity craft during a supersonic flight test. The spaceship isn’t launched from the ground but is carried beneath a special aircraft to an altitude around 50,000 feet (15,240 meters). There, it’s released before igniting its rocket engine and climbing. (Virgin Galactic via AP)
December 13, 2018 - 12:06 pm
MOJAVE, Calif. (AP) — Virgin Galactic's tourism spaceship climbed more than 50 miles high above California's Mojave Desert on Thursday, reaching for the first time what the company considers the boundary of space. The rocket ship reached an altitude of 51 miles (82 kilometers) before beginning its...
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FILE- In this Nov. 28, 2018, file photo a realtor sign hangs in front of a home for sale in Pittsburgh. On Thursday, Dec. 13, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Keith Srakocic, File)
December 13, 2018 - 11:43 am
WASHINGTON (AP) — U.S. long-term mortgage rates fell this week to their lowest level in three months, an inducement to prospective homebuyers in a haltingly recovering market. Continued steep declines in the stock market pushed home borrowing rates lower, although they remain much higher than a...
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FILE - In this Oct. 14, 2015, file photo, a riverboat glides through Lake Mead on the Colorado River at Hoover Dam near Boulder City, Nev. With drought continuing and reservoirs shrinking, several Southwestern U.S. states that depend on the Colorado River had been expected to ink a crucial share-the-pain contingency plan by the end of 2018. Officials now say they're not going to make it, at least not in time for upcoming meetings in Las Vegas involving representatives from Arizona, California, Colorado, Nevada, New Mexico, Utah, Wyoming and the U.S. government. (AP Photo/Jae C. Hong, File)
December 13, 2018 - 11:42 am
LAS VEGAS (AP) — Water managers from seven Southwestern states that depend on the Colorado River for drinking and irrigation water are getting closer to finalizing an unprecedented drought contingency plan they may have to enact in 2020, officials said Thursday. The federal government's top water...
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In this image made from video taken on March 11, 2016, entrepreneur Michael Spavor speaks during a friendly ice hockey match between visiting foreigners and North Korean players in Pyongyang, North Korea. A second Canadian man is feared detained in China in what appears to be retaliation for Canada's arrest of a top executive of telecommunications giant Huawei. The possible arrest raises the stakes in an international dispute that threatens relations. Canada's Global Affairs department on Wednesday, Dec. 12, 2018, said Spavor, an entrepreneur who is one of the only Westerners to have met North Korean leader Kim Jong Un, had gone missing in China. Spavor's disappearance follows China's detention of a former Canadian diplomat in Beijing earlier this week. (AP Photo)
December 13, 2018 - 10:53 am
BEIJING (AP) — China confirmed Thursday that it has detained two Canadian men, raising the stakes in a three-way dispute over a Chinese technology executive facing possible extradition from Canada to the United States. Entrepreneur Michael Spavor and former diplomat Michael Kovrig were taken into...
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FILE - In this May 31, 2018, file photo, customers enter the Apple store, in New York. Apple will build a $1 billion campus in Austin, Texas, break ground on smaller locations in Seattle, San Diego and Culver City, California, and over the next three years will expand in Pittsburgh, New York and Colorado. (AP Photo/Mark Lennihan, File)
December 13, 2018 - 10:51 am
AUSTIN, Texas (AP) — Apple will build a $1 billion campus in Austin, Texas, break ground on smaller locations in Seattle, San Diego and Culver City, California, and over the next three years expand in Pittsburgh, New York and Boulder, Colorado, Boston, and Portland, Oregon. The tech giant said...
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In this Dec. 11, 2018 photo the European Central Bank sits next to the river Main in Frankfurt, Germany, where ECB president Mario Draghi will hold a news conference on Thursday, Dec. 13, 2018. (AP Photo/Michael Probst)
December 13, 2018 - 10:21 am
FRANKFURT, Germany (AP) — The European Central Bank is ending the stimulus program that helped nurse the eurozone economy back to health over the past four years — despite the emergence of new risks including a global trade war and Brexit. Thursday's decision to stop the bank's monthly bond...
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In this Jan. 11, 2018 photo provided by Virgin Galactic, the VSS Unity is released from the WhiteKnightTwo aircraft during a gliding test for SpaceShipTwo near Mojave, Calif. The spaceship isn’t launched from the ground but is carried beneath the special aircraft to an altitude around 50,000 feet (15,240 meters). There, it’s released before igniting its rocket engine and climbing. (Virgin Galactic via AP)
December 13, 2018 - 10:19 am
MOJAVE, Calif, (AP) — The Latest on a test flight of Virgin Atlantic's space tourism rocket ship (all times local): 7 a.m. A jet carrying Virgin Galactic's tourism spaceship has taken off from a California airport on a test flight. The two pilots will attempt to launch the craft on a supersonic...
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FILE - In this Oct. 25, 2018 file photo the President of European Central Bank Mario Draghi waits for the beginning of a press conference following the meeting of the governing council in Frankfurt, Germany. Draghi will hold a press conference on Thursday, Dec. 13, 2018. (AP Photo/Michael Probst, file)
December 13, 2018 - 8:58 am
FRANKFURT, Germany (AP) — The Latest on the European Central Bank's monetary policy meeting (all times local): 2:55 p.m. European Central Bank President Mario Draghi says strong domestic demand and low interest rates are supporting the economy in Europe despite a recent moderation in growth. Draghi...
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