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Top News & Analysis New York City

  • SAN FRANCISCO— A major tobacco company is pumping millions of dollars into a campaign to persuade San Francisco voters to reject a ban on selling flavored tobacco products, including menthol cigarettes, certain chewing tobaccos and vaping liquids with flavors like cotton candy, mango and cool cucumber. San Francisco supervisors last year unanimously...

  • WASHINGTON— President Donald Trump has warned Congress that he will never sign another foot-tall, $1 trillion- plus government-wide spending bill like the one he did in March. But Capitol Hill's dysfunction is so pervasive that even the most optimistic predictions are for only a handful of the 12 annual spending bills to make it into law by Oct. 1, the start of the...

  • BENGALURU, May 28- Gold prices fell on Monday on revived hopes of a U.S.- North Korea summit, while a strong dollar also weighed on the market. "It looks like there is some chance of a meeting between the U.S. and North Korea leaders, that would lower the geopolitical risks and lessen the appeal of gold," said John Sharma, an economist with National Australia Bank, adding...

  • *Euro off low but vulnerable to political worries in Italy, Spain. TOKYO, May 28- U.S. oil futures hit six-week lows on expectations major producers may ease output curbs on Monday, while Asian stocks and U.S. share futures gained on signs the United States and North Korea were still working towards holding a summit. His comments came after the energy ministers of...

  • President Donald Trump revived hopes of his summit with North Korean leader Kim Jong- un, after canceling the meeting last week. *Donald Trump said on Sunday that a U.S. team had arrived in North Korea to prepare for a proposed summit between him and Kim Jong Un, which Trump pulled out of last week before reconsidering. Commerce Secretary Wilbur Ross will visit China...

  • *Euro off low but vulnerable to political worries in Italy, Spain. *Oil falls on expectations OPEC will ease output curbs. TOKYO, May 28- U.S. stock futures rose on Monday on signs that the United States and North Korea are still working towards holding a summit next month, while oil prices extended losses on expectations of more supply from major producers.

  • NEW YORK— In the largest disturbance yet in Disney's otherwise lucrative reign over "Star Wars," the Han Solo spinoff "Solo: A Star Wars Story" opened well below expectations with a franchise-low $83.3 million in ticket sales over the three-day weekend in North American theaters. Disney estimated Sunday that "Solo" will gross $101 million over the four-day...

  • PHIPPSBURG, Maine— Frustrated by red tape and visa limits on foreign workers, tourism businesses from Maine to Missouri are turning to Puerto Ricans who are fleeing a shattered economy and devastation caused by Hurricane Maria. Bob Smith, owner of Sebasco Harbor Resort in Phippsburg, hired a half-dozen Puerto Ricans last summer for housekeeping, landscaping...

  • PHOENIX— Until recently, Lilly Mucarsel has spoken Spanish just about everywhere since arriving in the United States from Ecuador three decades ago: at the library, the movies, the grocery store. Being multilingual in the United States brings advantages like job opportunities and social connections. But speaking something other than English in some public...

  • Alabama: O. B. Grayson Hall Jr., Regions Financial, $9.4 million. Arkansas: C. Douglas McMillon, Walmart, $22.8 million. Arizona: Richard C. Adkerson, Freeport-McMoRan, $16.2 million.

  • **FRANKFURT- Keynote speech by European Central Bank executive board member Yves Mersch on "The Continental Perspective" at Frankfurt Finance Summit 2018 organised by Frankfurt Main Finance e.V. FRANKFURT- ECB board member Sabine Lautenschlager speaks about monetary policy in Frankfurt 1530 GMT. FRANKFURT- The European Central Bank releases monthly data on...

  • CHICAGO, May 25- The biggest U.S. biodiesel lobbying group has dropped its nine-year push to covert a $1- per-gallon tax credit available to blenders of the biofuel into one for producers, the vice president of federal affairs said on Friday. But import duties imposed by the U.S. Commerce Department have nearly stopped biodiesel imports from Indonesia and...

  • *Russia says oil output cuts likely to be eased at June meeting. NEW YORK, May 25- Oil prices fell more than $2 per barrel on Friday as Saudi Arabia and Russia discussed easing production cuts that have helped push crude prices to their highest since 2014.. Brent crude futures fell $2.35, or 3 percent, to settle at $76.44 a barrel.

  • *Russia says oil output cuts likely to be eased at June meeting. NEW YORK, May 25- Oil prices fell more than $2 per barrel on Friday as Saudi Arabia and Russia discussed easing production cuts that have helped push crude prices to their highest since 2014.. Brent crude futures fell $2.35, or 3 percent, to settle at $76.44 a barrel.

  • Halliburton Co., down $2.08 to $50.19. Foot Locker Inc., up $9.35 to $55.74. Gap Inc., down $4.80 to $28.15.

  • *Russia says oil output cuts likely to be eased at June meeting. NEW YORK, May 25- Oil prices fell more than $2 per barrel on Friday as Saudi Arabia and Russia discussed easing production cuts that have helped push crude prices to their highest since 2014.. Brent crude futures fell $2.35, or 3 percent, to settle at $76.44 a barrel.

  • NEW YORK— Revelations that an Amazon Echo smart speaker inadvertently sent a family's private conversation to an acquaintance highlights some unexpected risks of new voice-enabled technologies. According to Amazon, the Echo's Alexa voice assistant misheard a word as "Alexa"— a trigger to activate the device— and interpreted subsequent conversation as a "...

  • WASHINGTON, May 25- Fiat Chrysler Automobiles NV is recalling more than 5.3 million vehicles in North America over a defect that could prevent drivers from deactivating cruise control, the company said on Friday, warning owners not to use the function until they get software upgrades. The National Highway Traffic Safety Administration said on Friday it "...

  • A resolution of the ZTE case could clear the way for the United States to make progress in its high-stakes trade talks with China. Under the agreement, ZTE would oust its management team, hire American compliance officers and pay a fine. The fine would come on top of the roughly $1 billion ZTE has already paid for selling equipment to North Korea and Iran in...

  • NEW YORK/ LONDON, May 25- ICE raw sugar edged higher in mixed trade on Friday, ending the week up nearly 7 percent as investors continued to cover a bearish stance amid persistent concerns over a trucker strike in Brazil. New York and London softs markets will shut for public holidays on Monday and reopen on Tuesday. * "The main focus continues to be on Brazil," said...