Business News

AP Top Business News at 4:05 a.m. EDT

Seattle weighs new rules for businesses with hourly workers
SEATTLE (AP) -- Seattle leaders have proposed new rules for retail and food-service businesses with hourly employees, including requiring them to schedule shifts two weeks in advance and compensate workers for some last-minute changes - the latest push by a city that has led the nation in mandating worker benefits....

Vegas, Asian investors betting on Sin City's Chinese tourism
LAS VEGAS (AP) -- Sin City and Asian investors are going all in on Chinese tourism, as some of Las Vegas' latest developments on and off the Strip target Chinese nationals and Chinese-Americans....

Over 40 pct. of VW owners seek emissions cheating settlement
DETROIT (AP) -- About 210,000 owners of Volkswagens with 2-liter diesel engines that cheat on emissions tests have registered to settle with the company under the terms of a June court agreement....

French government wants EU to stop trade talks with US
PARIS (AP) -- France's trade chief says he wants to ask the European Union to end talks with the U.S. on forging a sweeping trade deal that his socialist government sees as too friendly to U.S. business....

FBI warns of possible state election-system hacks
NEW YORK (AP) -- The FBI is warning state officials to boost their election security in light of evidence that hackers targeted related data systems in two states....

Global stocks mostly rise on hopes for higher US rates
TOKYO (AP) -- Global shares were mostly higher Tuesday as hopes continued for a U.S. Federal Reserve interest rate hike later this year....

German EU commissioner 'wouldn't bet big money on Brexit'
BERLIN (AP) -- Germany's European Union commissioner says public opinion in Britain could shift against leaving the bloc if the economy worsens as a result of the country's decision to exit....

Foot Locker looks to play up the store experience
NEW YORK (AP) -- Start with the shoes but move on from there. That's the plan at Foot Locker Inc., long known for its sneakers, which is reorganizing its stores to further highlight top brands, designating areas to showcase trends, and adding more displays of full sports gear to encourage broader shopping....

Iowa at center of debate over 'shadow insurance' deals
IOWA CITY, Iowa (AP) -- For cash-strapped life insurance companies, the deal sounds almost too good to be true: A state law allows them to create complex financial instruments to transfer liabilities to new subsidiaries, instantly wiping huge debts off their balance sheets....

Offshore wind sails forward, but a different story on land
NORTH SMITHFIELD, R.I. (AP) -- Even as Rhode Island makes history as the first U.S. state with an offshore wind farm, its people are not so fond of wind turbines sprouting up on land near where they live....

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