Business

  • Ancestry pulls slavery-era ad after backlash
    by MAE ANDERSON on April 19, 2019 at 3:20 pm

    NEW YORK (AP) — Ancestry.com is apologizing for its ad that showed a mixed-race couple discussing escaping to the North during the Civil War era. The DNA testing company removed the ad from TV and its YouTube channel after it drew widespread criticism for whitewashing slavery. The ad is part of a campaign by Ancestry […]

  • Honda cutting production of Accords as buyers shift to SUVs
    by The Associated Press on April 19, 2019 at 2:16 pm

    MARYSVILLE, Ohio (AP) — Honda is slowing production of Accord sedans as car buyers continue to favor SUVs and trucks. The Japanese automaker says it will temporarily idle a second-shift production line in August at its Marysville, Ohio, assembly plant. The shift is expected to resume production in several years. Honda says the line being […]

  • Before New York’s big auto show, cars take their own star turns
    by Tom Voelk on April 19, 2019 at 2:00 pm

    NEW YORK — The displays are dazzling, with platforms twirling and lasers dancing off the fenders of the latest and greatest vehicles around. But the New York International Auto Show won’t open to the public until Saturday, and the media preview days are still underway. Welcome to the preshow off-site launch circuit. For two weeks, […]

  • Malaysia to revive major China-linked property project
    by The Associated Press on April 19, 2019 at 1:45 pm

    KUALA LUMPUR, Malaysia (AP) — Malaysia’s government said Friday it will resurrect a multibillion-dollar property and transportation project in Kuala Lumpur involving a Chinese state company, calling it a contribution to China’s global “Belt and Road” infrastructure initiative. Prime Minister Mahathir Mohamad said the Cabinet agreed Wednesday to reinstate the Bandar Malaysia project, which is […]

  • US home construction slips 0.3% in March
    by JOSH BOAK on April 19, 2019 at 1:00 pm

    WASHINGTON (AP) — U.S. home construction slipped 0.3% in March, as housing starts are running below last year’s pace in a sign that inventory could be a challenge for would-be buyers. The Commerce Department said Friday that ground breakings last month occurred at a seasonally adjusted annual rate of 1.14 million. So far this year, […]

  • Renter boom: Apartments filling up faster in Seattle area than anywhere in the U.S.
    by Mike Rosenberg on April 19, 2019 at 1:00 pm

    The Seattle area is filling up new apartments faster than any region in the country, suggesting demand for housing is starting to catch up with the record construction boom – not a great sign for tenants hoping landlords get desperate and drop rents. […]

  • Downtown congestion tolling — Seattle needs to go with eyes wide open
    by Jon Talton on April 19, 2019 at 1:00 pm

    New York City is preparing to charge drivers a fee to enter its most crowded areas, becoming the first American city to implement congestion pricing. Other progressive cities are considering similar measures, including Seattle. The economic case is straightforward: If you want less of something, tax it. Congestion adds to pollution, hurts productivity and impedes […]

  • Fiat Chrysler recalls over 300K cars due to rollaway risk
    by The Associated Press on April 19, 2019 at 12:02 pm

    DETROIT (AP) — Fiat Chrysler is recalling more than 300,000 vehicles in North America because a transmission problem could cause them to roll away unexpectedly. The recall covers Dodge Dart compact cars from 2013 through 2016 with six-speed automatic transmissions. The company says a bushing can fail, causing the shifter cable to come loose from […]

  • Honeywell to clean up chemical pollution in North Carolina
    by The Associated Press on April 19, 2019 at 11:50 am

    RIEGELWOOD, N.C. (AP) — Federal authorities say they’ve reached a proposed settlement with two companies for the cleanup of a former chemical plant near the Cape Fear River. The Justice Department and the Environmental Protection Agency said in a news release Thursday that the settlement was reached with Honeywell International Inc. and International Paper Co. […]

  • US official lauds Cyprus’ anti-money laundering efforts
    by The Associated Press on April 19, 2019 at 11:40 am

    NICOSIA, Cyprus (AP) — A senior U.S. Treasury Department official says Cyprus has done “outstanding” work to curtail money laundering. Treasury Department Assistant Secretary Marshall Billingslea says Cyprus has made “enormous progress and improvements” in its legal framework as well as in law enforcement. Billingslea said after talks with Cyprus Finance Minister Harris Georgiades that […]