Business News

Moody's cuts China credit rating over rising debt

Credit rating agency Moody's has cut its credit rating for China due to the country's surging debt, prompting a protest by Beijing and highlighting its challenges in overhauling a slowing economy

China stocks fall after rating cut, other Asian…

Chinese stocks have fallen after Moody's cut the country's debt rating and other Asian markets rose following Wall Street's advance

The 'Greatest' (Or 'Cruelest') Show On Earth Is…

The Ringling Bros. and Barnum & Bailey Circus is performing its final show on Sunday.

Trump's health care budget means deep cuts for safety net

President Donald Trump's first full budget calls for deep cuts to popular health insurance programs that are part of the social safety net. Trump campaigned for president on a promise to improve health care.

The Latest: Some of Trump's GOP allies slam…

President Donald Trump's $4.1 trillion budget plan is drawing rebukes, even from some Republican allies, for its politically unrealistic cuts to the social safety net and a broad swath of other domestic programs

Google helps advertisers track spending in…

Google says its new tool will track how much money people spend in merchants' brick-and-mortar stores after clicking on their digital ads

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United CEO likely to face investor questions…

United Airlines investors will get their chance to ask the CEO about the violent removal of a man from a plane and other recent incidents

Obama-era rule on financial advisers to go…

The Trump administration is allowing to go forward an Obama-era rule that puts stricter requirements on professionals who advise retirement savers on their investments

Losing their kicks? Funds for Route 66 towns may…

A program credited with helping bring back to life forgotten landmarks along famed Route 66 is expiring in two years, putting funding for struggling towns at risk

AP FACT CHECK: Budget chief slams Obama growth…

AP FACT CHECK: Budget chief glosses over differences in Obama and Trump economies as he slams previous administration on growth forecasts

FCC: No punishment for late-night host Colbert's…

There will be no fine for a risque joke about President Donald Trump by late-night host Stephen Colbert

Analysis: Budget shows Trump's trouble figuring…

As congressional Republicans largely rejected President Donald Trump's first budget proposal some said it was the latest symptom of a sometimes dysfunctional relationship between the Trump administration and Capitol Hill.

Fox News finds itself in an unaccustomed spot _…

Fox News Channel isn't used to losing to its cable news rivals, but was beaten last week by MSNBC

US says Fiat Chrysler used software to cheat…

The U.S. government is suing Fiat Chrysler alleging that some diesel pickup trucks and Jeeps cheat on emissions tests

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China shuts only undersea coal mine amid production rebound

China is shutting down its only undersea coal mine as the government struggles to rein in excess production that threatens to frustrate a planned shift to cleaner-burning fuels

Ford's new CEO promises a fit _ but fun _ company

Ford's new CEO promises a fit _ but fun _ company with a clear direction for the future

More sponsors pull out of New York's Puerto Rican…

More sponsors are dropping out of New York City's Puerto Rican Day parade after a decision by organizers to honor a freed nationalist who once embraced armed resistance to the U.S. rule of Puerto Rico

Cabinet members head to Capitol Hill to defend…

Top officials in President Donald Trump's Cabinet are heading to Capitol Hill to defend his plans to cut domestic programs and parry Democratic criticism of his tax plans

Only on AP: CEO pay climbed faster last year, up…

The typical CEO at the biggest U.S. companies made $11.5 million last year, according to a study by executive data firm Equilar for The Associated Press

Microsoft Surface gets battery boost, better…

Microsoft is refreshing its Surface Pro tablet with longer battery life and more viewing angles for the screen

China's Geely to buy Lotus, take stake in Malaysia's Proton

Chinese automaker Geely is buying a 49.9 percent stake in Malaysian car manufacturer Proton

European markets push higher on strong economic…

Global shares mixed after Manchester explosion; oil prices fall back

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Trump's food stamp cuts face hard sell in Congress

With a proposal to cut the nation's largest domestic food aid program by almost a third, President Donald Trump's budget builds on more than two decades of Republican efforts to cut food stamps

Uber admits stiffing NYC drivers by millions of dollars

Uber has admitted to underpaying its New York City drivers tens of millions of dollars for the past 2 1/2 years

Jury awards $256M to California auto dealer in Nissan suit

A jury has awarded more than $256 million to a California auto dealership owner who claimed Nissan put him out of business during the recession