Wires

  • Demand for travel to Cuba may be flattening, with soaring hotel prices on the island, American Airlines cutting some flights, and uncertainty over whether new travel restrictions could be imposed when Donald Trump takes office. Gregory Geronemus, co-CEO of smarTours, a tour company that's taken 3,000 Americans to Cuba, confirms there has been a softening in...

  • MEXICO CITY, Dec 7- Billionaire Carlos Slim's Carso and FCC presented a joint bid on Wednesday with Spanish firm Acciona and cash-strapped builder ICA to build the terminal of Mexico City's new $13 billion airport. Reuters reported on Tuesday that the group, which includes Mexican firms Constructora Y Edificadora GIA+ A, Promotora y Desarrolladora Mexicana,...

  • LAS VEGAS— In a story Nov. 29 about Nevada's monthly casino winnings, The Associated Press reported erroneously that $3.8 billion was bet on table games and slot machines in October 2016. LAS VEGAS— Luck ran in casinos' favor last month, contributing to an 11 percent jump in gambling revenue statewide compared with October 2015, according to state Gaming Control...

  • President-Elect Donald Trump will pick an ardent opponent of President Barack Obama's measures to stem climate change to head the Environmental Protection Agency, a Trump transition team source said on Wednesday. Pruitt became the top prosecutor for Oklahoma, which has extensive oil reserves, in 2011, and has challenged the EPA multiple times since,...

  • SAO PAULO, Dec 7- MRV Engenharia SA expects to more than halve the number of failed home sales in coming months, a sign that efforts by Brazil's No. 1 low-income homebuilder to toughen terms for potential buyers will soon bear fruit, co-Chief Executive Officer Eduardo Fischer said. MRV is up 29 percent this year, in line with a broader index grouping Brazil's main...

  • LONDON, Dec 7- Tata Steel UK offered British unions a deal guaranteeing jobs and investment on Wednesday in return for pension cuts, moving the company closer to merging its European assets with Germany's Thyssenkrupp. Britain's largest steelmaker offered to guarantee production at the country's largest steel plant in Port Talbot, Wales, for five years, and to...

  • SANTIAGO, Dec 7- Mining companies in Chile, by far the world's largest copper producer, are examining their energy contracts to see if they can renegotiate terms to incorporate now-cheaper renewable power, company sources say. The moves could also imply major cost savings for Chile's copper industry, which spends around 20 percent of overhead on energy,...

  • DALLAS— Federal authorities say nutritional supplement retailer GNC Holdings has agreed to alter its practices to avoid selling unlawful dietary products. In a statement Wednesday, the U.S. Justice Department said GNC's efforts to ensure the legality of products on its shelves are "lacking." Pittsburgh- based GNC, the world's largest dietary supplement...

  • Norwegian Cruise Line said its first ship would set sail to Havana from Miami on March 7 next year, while Royal Caribbean did not specify a date. The Adonia was the first U.S.-owned ship to sail to Cuba from the United States since Fidel Castro's 1959 revolution. Cuba said in April it would lift a ban on Cuban-born citizens entering and leaving the country in...

  • BUENOS AIRES, Dec 7- Argentina's finance minister Alfonso Prat-Gay reiterated the government's forecast for 3.5 percent growth next year on Wednesday, despite recent reductions in projections below that level by banks and consultants. Latin America's third-largest economy remains in recession one year into center-right President Mauricio Macri's...

  • Michigan's city of Flint, struggling with lead-tainted water, gets some financial relief in the legislation and so does southern Louisiana, hard hit by flooding this past summer. And New York City is getting far less money than it requested for the costs of providing security around Trump Tower in Manhattan. The GOP used the stopgap spending bill to put him on a...

  • Wells Fargo is due to be deemed a bank that "needs to improve" under the Community Reinvestment Act, a law meant to promote lending to poor neighborhoods. Wells Fargo has struggled since September to overcome its admission that employees wrongly created as many as 2 million accounts without customer authorization. Wells Fargo may win an appeal to the downgrade...

  • DETROIT, Dec 7- Ford Motor Co by Wednesday had released for sale more than half of the 15,000 F-150 pickup trucks with 10- speed transmissions that were held to ensure quality, a company spokeswoman said. In an interview with Reuters earlier this week, Joe Hinrichs, head of Ford in the Americas, said holding the trucks was the prudent thing to do.

  • Mylan, whose shares were down more than 3 percent in mid-afternoon trading, has been under investigation by the U.S. government, and its chief executive officer was called before Congress to testify on raising the price of a pair of EpiPens to more than $600 from $100 in 2008.. At Tuesday's market close, its shares had fallen 25 percent since August, when it first...

  • MEXICO CITY, Dec 7- Retailer Wal-Mart de Mexico will invest $1.3 billion in logistics in Latin America's No.2 economy, the company said on Wednesday, a show of confidence in Mexico at a time of uncertainty after the election of Donald Trump. A large part of the investment will be over the next three years including in back-end infrastructure, the company's Chief...

  • MOSCOW, Dec 7- Commodities trader Glencore and Qatar's sovereign wealth fund are together buying a 19.5- percent stake in state-controlled Russian oil company Rosneft, the Kremlin said in an unexpected announcement late on Wednesday. "It is the largest privatization deal, the largest sale and acquisition in the global oil and gas sector in 2016," President...

  • Dec 7- Fast-food franchise Jimmy John's has agreed not to enforce a prohibition on workers at its sandwich shops from taking jobs with competitors in order to settle a lawsuit claiming the agreements were illegal, the attorney general of Illinois said on Wednesday. Madigan, who sued the company in June, said Jimmy John's would notify current and former...

  • DETROIT, Dec 7- Ford Motor Co by Wednesday had released for sale half of the 15,000 F-150 pickup trucks with 10- speed transmissions that were held to ensure quality, a company spokeswoman said.

  • FCC Commissioner Mike O'Rielly said at an event at the National Press Club in Washington that the FCC under President Donald Trump needs to "undo the more harmful policies adopted by the current commission.... O'Rielly said the FCC should not have sought to micromanage the internet economy in recent years and should reconsider the decision to largely leave...

  • The following list represents the most viral tracks on Spotify, based on the number of people who shared it divided by the number who listened to it, from Friday Nov. 25, to Thursday Dec. 1, via Facebook, Tumblr, Twitter and Spotify. 6. Theo Lawrence& The Hearts, "Made to Last". 4. Dwayne Johnson, "You're Welcome".