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Business

Starbucks, home of the $4 latte, is moving into poor areas

DETROIT (AP) — Starbucks has a point to prove: There’s more to the company than selling $4 lattes to rich people. The Seattle-based coffee giant that has cultivated a reputation for being socially responsible said Thursday it is expanding its effort to put more coffee shops — and create ...

Trump administration signals compromise on gas mileage rules

DETROIT (AP) — The Trump administration is signaling that it could increase fuel economy standards, possibly compromising on its push to freeze them at 2020 levels. In one of the administration’s hardest-fought battles to roll back Obama-era environmental regulations, two federal agencies ...

15 states oppose Trump plan to allow LNG shipments by rail

HARRISBURG, Pa. (AP) — The attorneys general of 15 states said this week that they oppose a Trump administration proposal to allow rail shipments of liquefied natural gas, arguing the trains will share tracks with passenger trains and travel through congested areas. The protesting states ...

Samsung predicts drop in profit

SEOUL, South Korea (AP) — Samsung Electronics Co. said Wednesday its operating profit for the last quarter likely fell 34% from a year earlier, which would be a smaller-than-expected decline possibly resulting from increased smartphone shipments and gradually stabilizing computer chip ...

Facebook bans deepfakes in fight against online manipulation

LONDON (AP) — Facebook says it is banning “deepfake” videos, the false but realistic clips created with artificial intelligence and sophisticated tools, as it steps up efforts to fight online manipulation. But the policy leaves plenty of loopholes. The social network said late Monday ...

Ransomware takes down online currency exchange

BOSTON (AP) — A week after a malicious virus infected its network, the London-based foreign currency exchange company Travelex had yet to restore digital sales and was reported infected with ransomware by hackers threatening to release personal data unless it pays a $3 million ransom. The ...

Key Boeing supplier may begin shedding workers

WICHITA, Kan. (AP) — The looming production shutdown of Boeing 737 Max jets is taking a toll on a key supplier. Spirit AeroSystems Holdings Inc. is asking employees if they will take voluntarily buyouts. Spirit suspended production of fuselages and other parts for the Max on Jan. 1, after ...

Deal will let more companies make an overdose antidote spray

NEW YORK (AP) — More companies could begin making an easy-to-use version of an opioid overdose antidote under a deal announced Thursday by New York’s attorney general. Under the agreement, Emergent BioSolutions will no longer enforce a contract that had allowed it to be the only company ...

Catalog retailers see reason for optimism after declines

PORTLAND, Maine (AP) — Catalogs, those glossy paper-and-ink offerings of outdoor apparel, kitchenware and fruit baskets, are not yet headed for the recycling bin of history. Until recently, the future appeared grim for the mailbox-stuffers. A one-two punch of postal rate increases and the ...

Louisiana sues over alligator ban

NEW ORLEANS (AP) — Louisiana is suing the state of California over its decision to ban the import and sale of alligator products, saying the ban will hurt an important Louisiana industry and ultimately could hurt the state’s wetlands. In a lawsuit filed Thursday, Louisiana said the ...

U.S. and China near deal that would suspend planned tariffs

WASHINGTON (AP) — The Trump administration and China are close to finalizing a modest trade agreement that would suspend tariffs that are set to kick in Sunday, de-escalating their 17-month trade war. “We’re close to a deal,’’ said Myron Brilliant, the U.S. Chamber of Commerce’s ...

Airport van service SuperShuttle going out of business

LOS ANGELES (AP) — SuperShuttle, the shared van service that has carried passengers to and from airports across the U.S. and in Latin America, Canada, Europe and Asia, is going out of business, according to a newspaper report Thursday. A letter obtained by the Los Angeles Times from the ...

San Francisco aims to rein in tests of tech ideas

SAN FRANCISCO (AP) — Tired of San Francisco streets being used as a testing ground for the latest delivery technology and transportation apps, city leaders are now requiring businesses to get permits before trying out new high-tech ideas in public. Supporters of the legislation, which the ...

Facebook rebuffs U.S. AG over access to encrypted messages

Facebook is rebuffing efforts by U.S. Attorney General William Barr to give authorities a way to read encrypted messages. The heads of Facebook-owned WhatsApp and Messenger services told Barr and his U.K. and Australian counterparts that Facebook is moving forward with plans to enable ...

Protests grip major Iran cities over gas prices; 1 killed

DUBAI, United Arab Emirates (AP) — Protesters angered by Iran raising government-set gasoline prices by 50% blocked traffic in major cities and occasionally clashed with police Saturday after a night of demonstrations punctuated by gunfire, in violence that reportedly killed at least one ...

Report on Uber crash questions testing of self-driving cars

DETROIT (AP) — Documents released this week by a federal agency raise questions about whether a self-driving Uber SUV that ran down a pedestrian last year should have been allowed on public roads for test purposes. A National Transportation Safety Board report on the March 18, 2018 crash in ...

Gap CEO steps down amid slumping sales

NEW YORK (AP) — Gap’s board announced that CEO Art Peck is stepping down as the company continues to struggle to turn around a long-standing sales slump. The San Francisco-based retailer also said late Thursday that it cut its earnings outlook for the year as sales at the Gap, Banana ...

Interior proposes coveted deal to ex-client of agency head

WASHINGTON (AP) — The Interior Department is proposing to award one of the first contracts for federal water in perpetuity to a powerful rural water district that had employed Secretary David Bernhardt as a lawyer and lobbyist. Environmental groups and a California Democratic lawmaker ...

Buffalo Wild Wings CEO meets to discuss racial incident

NAPERVILLE, Ill. (AP) — The president of Buffalo Wild Wings met with officials of a Chicago suburb where customers of a restaurant were asked to move to different tables because a patron didn’t want to be seated near black people. Company president Lyle Tick met Tuesday with Naperville ...

Airbnb to verify all 7 million properties

(AP) – Airbnb says it will spend the next year verifying that all 7 million of its listings are accurate and that the homes and rooms being offered for short-term stays meet basic quality standards. It’s one of several moves the San Francisco-based company is making to improve user trust ...