Business

  • Billionaire Bloomberg is granted financial disclosure delay
    by BRIAN SLODYSKO on January 17, 2020 at 11:33 pm

    WASHINGTON (AP) — Billionaire Michael Bloomberg won’t have to publicly disclose his finances until late March, well after voters in more than a dozen states take to the polls on Super Tuesday. Presidential candidates are required to reveal their investments, businesses and streams of income. Bloomberg is the only Democrat seeking the White House who […]

  • Members of Congress visit Navy shipbuilder amid talk of cuts
    by The Associated Press on January 17, 2020 at 10:45 pm

    BATH, Maine (AP) — The Democratic chairman and ranking Republican on a House Armed Services subcommittee toured Navy shipbuilder Bath Iron Works on Friday and offered assurances to shipbuilders amid reports of possible cuts. Democratic Rep. Joe Courtney, of Connecticut, and GOP Rep. Rob Wittman, of Virginia, both members of the seapower and projection forces […]

  • Speaking of Business: Starbucks says initiative ‘is not a charity’
    by Seattle Times staff on January 17, 2020 at 10:35 pm

    Speaking of Business brings you some of the week’s best quotes in our pages. If you missed any, use this link to find them: st.news/speaking1211 […]

  • UK announces plan to mark the Brexit moment on Jan. 31
    by The Associated Press on January 17, 2020 at 10:30 pm

    LONDON (AP) — The British government has announced plans for gala events on the night of Jan. 31 when the country officially leaves the European Union after a prolonged political stalemate. Prime Minister Boris Johnson plans to make a speech that night to mark the occasion after holding a special Cabinet session in the north […]

  • Best Buy says it is reviewing allegations made against CEO
    by JOSEPH PISANI on January 17, 2020 at 10:28 pm

    NEW YORK (AP) — Best Buy said it is investigating CEO Corie Barry after receiving an anonymous letter making allegations against her. Best Buy declined to reveal the allegations but The Wall Street Journal, which first reported on the probe Friday, said it had seen the letter, which accused Barry of having an inappropriate romantic […]

  • How major US stock indexes fared Friday
    by The Associated Press on January 17, 2020 at 10:08 pm

    Stocks closed modestly higher on Wall Street Friday as solid gains by technology and communications companies pushed major U.S. indexes to more record highs. Investors welcomed more strong quarterly results from banks. A report showing a December surge in new home construction provided the latest encouraging snapshot on the U.S. economy. Bond prices fell. The […]

  • Former Walmart exec, Royals owner David Glass dies at 84
    by DAVE SKRETTA on January 17, 2020 at 10:03 pm

    KANSAS CITY, Mo. (AP) — Former Walmart Inc. chief executive David Glass, who owned the Kansas City Royals for nearly two decades before selling the franchise last fall, died last week of complications form pneumonia. He was 84. The Glass family said the businessman died Jan. 9. He had been dealing with health issues for […]

  • Report: Disney dropping the ‘Fox’ from movie studio names
    by The Associated Press on January 17, 2020 at 10:02 pm

    NEW YORK (AP) — Disney is dropping the word “Fox” from the movie studios it acquired as part of last year’s $71 billion purchase of Fox’s entertainment business, according to published reports. Disney will still run them as separate studios within the company. But trade publication Variety reported that 20th Century Fox will become 20th […]

  • BMW recalls about 357K vehicles for Takata air bag inflators
    by The Associated Press on January 17, 2020 at 9:52 pm

    DETROIT (AP) — BMW is recalling nearly 357,000 older vehicles in the U.S. to replace dangerous Takata front air bag inflators. The inflators are among 10 million sold to 14 automakers that Takata is recalling. It’s the last recall that the bankrupt Takata agreed to in a 2015 settlement with U.S. safety regulators. The U.S. […]

  • Huawei CFO lawyers say her alleged crimes no crime in Canada
    by JIM MORRIS on January 17, 2020 at 9:38 pm

    VANCOUVER, British Columbia (AP) — Defense lawyers argue a senior executive of the Chinese tech giant Huawei should not be extradited to the U.S. because her actions would not be considered crimes under Canadian law. The extradition hearing for Huawei chief financial officer Meng Wanzhou is scheduled to begin Monday. Meng, the daughter of the […]