Business

A butcher pushes beef ribs to sell at Las Pulgas market in Maracaibo, Venezuela, Sunday, Aug. 19, 2018. Venezuelans are bracing for a 3,000 percent hike in the minimum wage on Monday, leaving one butcher contemplating firing some of his six employees just to stay in business, and the introduction of a new currency that lops five zeros off the country’s fast-depreciating bills. (AP Photo/Fernando Llano)
August 20, 2018 - 11:38 am
CARACAS, Venezuela (AP) — Venezuela on Monday began to launch dramatic reforms announced by President Nicolas Maduro to rescue a downward-spiraling economy, including a new currency and a more-than-3,000 percent hike in the minimum wage. The changes start with the introduction of a currency that...
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FILE - This July 15, 2013, file photo, shows a sign for Wall Street outside the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Monday, Aug. 20, 2018. (AP Photo/Mark Lennihan, File)
August 20, 2018 - 11:12 am
U.S. stock indexes gave up some of an early gain and are mostly higher in morning trading Monday. Investors bid up shares in big department store chains and industrial companies. Energy stocks climbed along with the price of U.S. crude oil. Technology stocks lagged the market. KEEPING SCORE: The S...
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FILE - In this Sept. 2, 2015 file photo, employees work at the SodaStream factory near the Bedouin city of Rahat, Southern Israel. Beverage giant PepsiCo has bought Israel's fizzy drink maker SodaStream for $3.2 billion. PepsiCo said on Monday, Aug. 20, 2018, that it is acquiring all SodaStream's outstanding shares at $144 per share, a 32 percent premium to the 30-day volume weighted average price. (AP Photo/Dan Balilty, File)
August 20, 2018 - 10:07 am
JERUSALEM (AP) — PepsiCo bought carbonated drink maker SodaStream for $3.2 billion on Monday, a move the beverage giant hopes will further help it adjust as consumers drink less traditional soda and opt more for flavored waters and other drinks. The deal is also a boon to SodaStream, which has...
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The pet bull terrier owned by Czech entrepreneur Robert Hasek, wearing a doggy fitness tracker attached to the dog collar during a demonstration in Prague, Czech Republic, Friday, Aug. 10, 2018. The Actijoy fitness tracker system not only tracks activity but also how rigorous it is, and comes with a internet-connected bowl that monitors food and water consumption, to make sure the dog has a healthy lifestyle.(AP Photo/Petr David Josek)
August 20, 2018 - 10:00 am
PRAGUE (AP) — When Czech entrepreneur Robert Hasek began jogging with his dog, Darwin, the three-mile runs were making the bull terrier sick with fatigue. Hasek was surprised, thinking his dog led a healthy lifestyle. To solve the mystery, he strapped a Fitbit to Darwin and discovered he was...
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A view of the partially collapsed Morandi highway bridge, in Genoa, Italy, Sunday, Aug. 19, 2018. The unofficial death toll in Tuesday's collapse rose to 43 Saturday. (Luca Zennaro/ANSA via AP)
August 20, 2018 - 9:15 am
GENOA, Italy (AP) — Engineering experts determined in February that corrosion of the metal cables supporting the Genoa highway bridge had reduced the bridge's strength by 20 percent — a finding that came months before it collapsed last week, an Italian newsmagazine reported Monday. Despite the...
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August 20, 2018 - 9:01 am
CARACAS, Venezuela (AP) — U.S. oil giant ConocoPhillips says it has reached an agreement with Venezuela*s state-owned oil company to recover nearly $2 billion it was awarded as part of a decade-old expropriation dispute. Monday's statement from Houston-based Conoco says that PDVSA has agreed to...
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FILE - In this July 3, 2017 file photo, Chairman and CEO of France's Total SA Patrick Pouyanne, seated second left, managing director of Iran's Petropars Hamid Akbari, left, CEO of National Iranian Oil Company Ali Kardor, second right, and President of China's CNPC International Lv Gongxun sing the documents of a contract to develop an Iranian gas field, as Iranian Oil Minister Bijan Zanganeh, standing at center, and Chinese ambassador to Tehran Pang Sen look on, in Tehran, Iran. Iran's oil minister said Monday, Aug. 20, 2018, that France's oil giant Total SA has pulled out of Iran after cancelling its $5 billion, 20-year agreement to develop the country's massive South Pars offshore natural gas field over renewed U.S. sanctions. (AP Photo/Vahid Salemi, File)
August 20, 2018 - 8:53 am
TEHRAN, Iran (AP) — Iran's oil minister said on Monday that France's oil giant Total SA has officially pulled out of Iran after cancelling its $5 billion, 20-year agreement to develop the country's massive South Pars offshore natural gas field over renewed U.S. sanctions. The parliament's website...
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People walk past an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Monday, Aug. 20, 2018. Asian stocks are mostly higher Monday as investors welcomed signs of progress in resolving the trade dispute between the U.S. and China. (AP Photo/Vincent Yu)
August 20, 2018 - 8:41 am
TOKYO (AP) — Global stocks mostly rose Monday amid signs of progress in resolving the trade dispute between the U.S. and China. The Wall Street Journal reported the countries hope to have a resolution by November. KEEPING SCORE: France's CAC 40 edged up nearly 0.6 percent to 5,378 while Germany's...
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FILE - In this Oct. 14, 2014 file photo people take a break outside the Gasthaus Aescher near Ebenalp, Switzerland. The Gasthaus Aescher, built into a cliff above a valley in northeastern Switzerland, has been run by the same family since 1987. Authorities in Appenzell-Innerrhoden canton said Monday, Aug. 20, 2018 that the current tenants, Nicole and Bernhard Knechtle-Fritsche, are giving up the lease at the end of the 2018 season. (Steffen Schmidt/Keystone via AP)
August 20, 2018 - 6:32 am
BERLIN (AP) — One of Switzerland's most picturesque restaurants will soon be looking for a new operator. The Gasthaus Aescher, built into a cliff above a valley in northeastern Switzerland, has been run by the same family since 1987. It gained recognition outside the Alpine nation when it was...
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FILE - In this Aug. 3, 2018, file photo, Marvin Werkley, of Mobile, Ala., looks over the wager sheets at the IP Casino Resort & Spa in Biloxi, Miss., before making a bet. Colleges are looking for a way to get a piece of the action from legal sports wagering. Schools in states where legal wagering has started or soon will are considering joining professional sports leagues in pursuing legislation requiring sports book operators to pay them a percentage of the amount wagered on their games. (John Fitzhugh/The Sun Herald via AP, File)
August 20, 2018 - 2:07 am
Concerned that expanded sports gambling will bring additional costs for ensuring their games are on the up-and-up, college athletic departments are looking for a way to get a piece of the action. A U.S. Supreme Court decision in May allowed states across the country to join Nevada in having...
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