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Top News & Analysis North America

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  • LAHAINA, Hawaii, July 31- Trade ministers from 12 Pacific Rim nations failed to reach a deal on Friday after talks in Maui on the Trans-Pacific Partnership but vowed to keep working. "Ministers and negotiators leave Hawaii committed to build on the momentum of this meeting by staying in close contact as negotiators continue their intensive engagement to find...

  • LAHAINA, Hawaii, July 31- Pacific Rim trade ministers failed to clinch a deal on Friday to free up trade between a dozen nations after a dispute flared between Japan and North America over autos, New Zealand dug in over dairy trade and no agreement was reached on monopoly periods for next-generation drugs. Trade ministers from the 12 nations negotiating the...

  • NEW YORK, July 31- Donald Trump is staking his run for U.S. president in part on a vow to protect American jobs. But this month, one of his companies, the elite Mar-a-Lago Club resort in Florida, applied to import 70 foreign workers to serve as cooks, wait staff and cleaners. Nine companies majority-owned by Trump have sought to bring in foreign waitresses, cooks,...

  • COLLEGE PARK, Md.— The American Journalism Review will stop publishing online, bringing to an end 38 years of reporting on the news media. Lucy Dalglish, dean of the Philip Merrill College of Journalism at the University of Maryland, which published the magazine, announced the closing Friday on the college's website. The magazine, founded in 1977 by American...

  • SAN FRANCISCO— Some hackers are exploiting Microsoft's offer of free upgrades to its new Windows 10 operating system. Researchers at Cisco Systems say the emails are designed to look like an official upgrade notice from Microsoft Corp., but several words have random, out-of-place letters and punctuation. Another important clue: Microsoft says its update...

  • LAHAINA, Hawaii, July 31- Talks on a Pacific Rim free-trade pact are unlikely to end in a final deal, sources involved in the talks said on Friday, with a dispute between Japan and the United States over autos, New Zealand digging in over trade in dairy products and no agreement on monopoly periods for next-generation drugs. Trade ministers from the 12 nations...

  • July 31- Puerto Rico will miss a payment on debt due Aug. 1, the governor's chief of staff said on Friday, an event that will be considered a default by investors as the commonwealth lurches towards what could be one of the largest U.S. municipal debt restructurings in history. According to a 2014 bond offering statement, Puerto Rico has never defaulted on the payment...

  • His comments came a day after 14 U.S. lawmakers told the Air Force and NASA they had "serious concerns" about the fact that closely-held SpaceX is leading the probe, rather than the government, and whether it would receive enough oversight. He said the Air Force had been involved from the beginning of the investigation, which is led by SpaceX under the oversight of...

  • SOURCE CLOSE TO PACIFIC TRADE NEGOTIATIONS SAYS UNLIKELY TO REACH A DEAL IN MAUI, DUE TO DAIRY, AUTOS, BIOLOGICS.

  • SAN JUAN, Puerto Rico— Puerto Rico's government said Friday it would not make a $58 million bond payment due on the weekend and warned that the general fund will run out of liquidity by November if no action is taken. Alejandro Garcia Padilla warned several weeks ago that the government and state agencies cannot repay the $72 billion in public debt that hangs over...

  • AUSTRALIAN TRADE MINISTER SAYS PACIFIC TRADE DEAL 98 PCT COMPLETE, HARD TO SEE IF CAN BE CLOSED IN MAUI.

  • July 31- Goldman Sachs Group Inc has tentatively agreed to pay about $270 million to settle a lawsuit by investors, according to a source familiar with the matter. Also on Friday, Goldman Sachs was among a group of banks that received court approval for a $235 million settlement related to mortgage securities reached in February, according to a court filing.

  • Mike Huckabee in 2014 earned nearly $1 million from giving speeches and nearly $3 million from a publishing company that he runs, according to financial records the Republican presidential filed Friday with federal regulators. The records show that Huckabee gave 44 paid speeches between January 2014 and last April, earning between $10,000 and $32,000 for...

  • NEW YORK— Sempra Energy said Friday it will take full control of a Mexican natural gas pipeline business in a deal valued at $1.33 billion. Sempra Energy's Mexican unit, IEnova, owned 50 percent of the Gasoductos de Chihuahua joint venture, and Mexico's state oil company Pemex owned the other half. Sempra Energy said the purchase will add about 5 cents per share to...

  • "We are going to be swimming in even more oil with the way OPEC is pumping," he added. OPEC, the Organization of the Petroleum Exporting Countries, groups Saudi Arabia and some of the biggest oil producers within and outside the Middle East. U.S. government data early this month showed OPEC production at a surplus of 1.77 million bpd, and forecast it to grow to 2.1...

  • LITTLE ROCK, Ark.— Two subsidiaries of ExxonMobil said in a court filing Friday that they won't move the Pegasus Pipeline from beneath the watershed where Central Arkansas gets most of its drinking water. Earlier this month, Central Arkansas Water utility officials asked a federal judge to reject a proposed settlement among the companies— ExxonMobil Pipeline...

  • QUITO, July 31- Ecuador's state oil company Petroecuador has signed a crude oil supply agreement with a division of Thailand's state-run PTT under which the Andean country will receive a $2.5 billion up-front payment, according to a statement from the company. Petroecuador International Trade Manager Nilsen Arias confirmed the deal to Ecuador's El...

  • July 31- Yahoo Inc said on Friday it agreed to buy fashion start-up Polyvore to help drive traffic and strengthen its mobile and social offerings. Yahoo, which did not disclose terms of the deal, said Polyvore will accelerate its' Mavens' growth strategy. Polyvore's co-founder and CEO Jess Lee was earlier part of Google Inc's associate manager program, which...

  • NEW YORK— The federal government says health care facilities should stop using Hospira's Symbiq medication infusion pump because of its vulnerability to hacking. The FDA says the computerized pumps could be accessed remotely through a hospital's network, but it doesn't know of any cases where that has happened. Earlier this year the FDA and the Homeland...

  • NEW YORK, July 31- Unless next week's payrolls report is an outlier, investors should expect a continuation of the directionless market that has kept the S&P 500 trading in place for most of the year. But concern about the strength of the economies in China and Europe, along with a slide in energy prices, have made stocks stall. "We're likely to be in first gear, crawling...