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Top News & Analysis North America

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  • CAPE CANAVERAL, Fla. Sept 1- Jeff Bezos' space transportation company, Blue Origin, won another round of incentives on Tuesday to build and fly rockets near NASA's Kennedy Space Center in Florida. Commissioners in Brevard County, home of the space center, approved by a 4 to 1 vote adding an $8 million grant for the project, bringing the total value of state, regional and...

  • SAN FRANCISCO— A federal judge granted class-action status Tuesday to a case in California against Uber over the payment of its drivers. The ruling increases the number of potential California plaintiffs in the lawsuit claiming Uber drivers are incorrectly classified as independent contractors when they are actually employees. U.S. District Court Judge...

  • NEW YORK— Yahoo CEO Marissa Mayer is promising to be away from the job for just a "limited time" when she gives birth to twins later this year, but the development only adds to the uncertainty some investors have long had about Yahoo. Mayer, 40, said Tuesday she and her husband are expecting twin girls in December and she said she plans to work through the pregnancy much...

  • TORONTO— An antenna at the top of the Trump International Hotel and Tower Toronto that had been deemed unstable poses "no safety risk whatsoever," police said Tuesday. Now, Toronto Mayor John Tory has is vowing to get to the bottom of the scare that closed a large swath of the financial district of Canada's financial capital for nearly two days.

  • WASHINGTON, Sept 1- Senate Majority Leader Mitch McConnell undercut threats by fellow Republicans to hold the budget process hostage in an effort to defund Planned Parenthood, saying conservatives do not have enough support in Congress to cut off the group, which is under fire from abortion opponents. Republicans have threatened to push for cutting off the...

  • NEW YORK— If you're one of those people who hates missing the end of breakfast hours at McDonald's, hang on just a little longer: the chain says its breakfast menu will be available all day starting Oct. 6. McDonald's is also working to improve its food by toasting buns longer and searing burgers to improve taste, and it's looking for a way to shake up its image.

  • NEW YORK— In a story Aug. 31 about investors selling emerging-market investments, The Associated Press erroneously shortened the name of a fund that tracks commodity producers. NEW YORK— If you think investors in U.S. stocks have had it rough, consider the hapless folks who followed Wall Street's advice to buy emerging-market stocks. China was gobbling up raw...

  • TORONTO, Sept 1- A healthy appetite for light trucks pushed auto sales in Canada to a monthly record in August, with Fiat Chrysler Automobiles nudging out Ford Motor Co as the top seller, according to data released on Thursday. General Motors Co's sales, meanwhile, jumped a healthy 12 percent. GM sold 24,653 cars and trucks in Canada, up from 22,111 a year earlier, as...

  • Three drivers sued Uber in a federal court in San Francisco, contending they are employees and entitled to reimbursement for expenses, including gas and vehicle maintenance. District Judge Edward Chen in San Francisco said drivers could sue as a group on the question of whether they are employees or contractors, and over their demand for payment of tips that...

  • *China manufacturing contracts at fastest in 3 years- PMI. "It was primarily the China fear factor," Carsten Fritsch at Commerzbank in Frankfurt told the Reuters Global Oil Forum. And an OPEC magazine commentary that some traders interpreted on Monday as signaling a possible subtle policy shift was nothing of the sort, OPEC insiders said.

  • WASHINGTON/ NEW YORK, Sept 1- Kmart Corp has paid $1.4 million to settle U.S. allegations that it violated the federal False Claims Act by inducing Medicare beneficiaries to fill prescriptions at its pharmacies, the Department of Justice said on Tuesday. The government said the accord resolves allegations that Kmart, a unit of Sears Holdings Corp, let...

  • *China factory activity shrinks at fastest pace in 3 years. NEW YORK, Sept 1- World stock indexes and oil prices slumped on Tuesday as weak Chinese data fueled worries about a slowdown in its economy, the world's second biggest, and sparked more market turmoil. The moves followed a stormy week that left investors concerned about further market losses due to slowing...

  • CALGARY, Sept 1- Nexen Energy, the Canadian subsidiary of Chinese state-owned CNOOC Ltd, is shutting down its Long Lake oil sands operations in northern Alberta in response to an emergency regulatory order, a company spokeswoman said on Tuesday. The provincial regulator ordered Nexen to shut in 95 pipelines at the Long Lake facility last Friday as part of an...

  • TORONTO, Sept 1- Canada's main stock index fell 2.7 percent on Tuesday, in a broad retreat led by financial and energy stocks as oil prices slumped, weak Chinese data renewed fears of slowing growth, and Canada officially slipped into recession. Canada's energy sector, a major force on the index, dropped 4.6 percent as crude tumbled after a three-day rally.

  • CAPE CANAVERAL, Florida, Sept 1- Jeff Bezos' space transportation company, Blue Origin, won another round of incentives on Tuesday to build and fly rockets near NASA's Kennedy Space Center in Florida. Commissioners in Brevard County, home of the space center, approved by a 4 to 1 vote adding an $8 million grant for the project, bringing the total value of state,...

  • But managers told workers that employment levels would not be affected, although they didn't provide details on how that would happen, said Bruce Baumhower, president of United Auto Workers Local 12. Automotive News first reported the decision. He told Automotive News that the only way to keep the Wrangler in Toledo would be to move it into the space now occupied...

  • PORTLAND, Maine— The world's largest cold-storage company will build a modern refrigerated warehouse on Portland's waterfront. The Portland Press Herald reports the project is part of a state effort to make the port more competitive with its rivals and improve Maine's seafood, agriculture and food and beverage industries. The Maine Port Authority...

  • LOS ANGELES, Sept 1- McDonald's Corp's U.S. franchisees have voted to begin offering all-day breakfast on Oct. 6, a widely expected move that the company and investors hope will help reverse slumping sales and traffic at the world's biggest fast-food chain. Richard Adams, a former McDonald's franchisee turned consultant, said McDonald's has told franchisees...

  • *China's manufacturing sector shrinks; U.S. factory data weak. *Netflix down on report of Apple mulling original shows. Sept 1- Turmoil returned to Wall Street on Tuesday after a brief rest, with renewed concerns about China's economy pushing major indexes down almost 3 percent and intensifying fears of a long-term selloff.

  • NEW YORK— Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:. Valeant Pharmaceuticals International Inc., down $6.55 to $224.05. Whirlpool Corp., down $7.90 to $160.20.