Japan records trade surplus in June despite US tariffs

TOKYO (AP) — Japan has recorded a trade surplus in June, including with the U.S., despite tariffs put in place by President Donald Trump. Source: Business – The Eagle

US eases Obama-era coal ash pollution rules for utilities

DENVER (AP) — The Trump administration on Wednesday eased rules for handling toxic coal ash from more than 400 U.S. coal-fired power plants after utilities pushed back against regulations adopted…

Lyft beefing up background checks after latest driver arrest

SAN FRANCISCO (AP) — Ridesharing company Lyft said Wednesday that it’s beefing up its background checks after a driver arrested for rape was found to be in the United States…

EU fines Google a record $5 billion over mobile practices

BRUSSELS (AP) — European regulators came down hard on another U.S. tech giant Wednesday, fining Google a record $5 billion for forcing cellphone makers that use the company’s Android operating…

South Korea slashes jobs outlook, downgrades growth forecast

SEOUL, South Korea (AP) — South Korea’s government says it is dramatically cutting its job outlook while slightly reducing its economic growth forecast. Source: Business – The Eagle

APNewsBreak: Twitter suspended 58 million accounts in 4Q

NEW YORK (AP) — Twitter suspended at least 58 million user accounts in the final three months of 2017, according to data obtained by The Associated Press. The figure highlights…

MGM sues Vegas shooting victims in push to avoid liability

LAS VEGAS (AP) — MGM Resorts International has sued hundreds of victims of the deadliest mass shooting in modern U.S. history in a bid to avoid liability for the gunfire…

Man suspected in California serial rapes drove for Lyft

SAN FRANCISCO (AP) — Ride-sharing company Lyft said Tuesday that it’s investigating how a former driver now charged in a series of rapes passed a background check even though federal…

Johnson & Johnson beats revenue, profit projections for 2Q

Fueled by a 20 percent sales jump in its prescription drugs business, Johnson & Johnson posted a 3 percent increase in second-quarter profit. Source: Business – The Eagle

The Latest: Powell says generally lower tariffs boost growth

WASHINGTON (AP) — The Latest on Federal Reserve Chairman Jerome Powell’s semi-annual testimony to Congress on Tuesday (all times local): Source: Business – The Eagle

Millions in UK face water restrictions amid hot, dry weather

LONDON (AP) — Millions of people in northern England are facing a ban on using garden hoses or sprinklers amid one of the longest spells of hot, dry weather in…

FDA plans to ease OTC approvals for some prescription drugs

The Food and Drug Administration wants to make it easier for some common medicines to be sold without a prescription. Source: Business – The Eagle

Former UK Cabinet secretary seeks new Brexit referendum

LONDON (AP) — A former U.K. Cabinet minister from the ruling Conservative Party on Monday called for a new Brexit referendum, an idea long assailed by the prime minister. Source:…

Long-troubled Deutsche Bank says profits unexpectedly high

BERLIN (AP) — Germany’s biggest bank, Deutsche Bank, said Monday that its earnings will be considerably higher than expected in the second quarter, a fact that it said underlines the…

China slowdown weighs on markets as Trump meets Putin

LONDON (AP) — A slowdown in Chinese economic growth weighed on global stock markets Monday as investors kept a close watch on a summit U.S. President Donald Trump with Russian…

Bank of America 2Q profits jump 33 percent due to tax law

NEW YORK (AP) — Bank of America’s second-quarter profits jumped 33 percent from a year earlier, the company said Monday, as it cut expenses and, like nearly all other big…

US agency urges automakers to speed up Takata recalls

DETROIT (AP) — The U.S. government’s road safety agency is urging automakers to speed up replacement of potentially dangerous Takata air bag inflators. Source: Business – The Eagle

Rights group questions DEA exploit of encrypted cellphones

In the first known case of its kind, U.S. drug agents supplied unwitting cocaine-trafficking suspects in California with smartphones they thought were encrypted but had been rigged to allow eavesdropping,…

Oregon admits lack of oversight of medical marijuana program

SALEM, Ore. (AP) — How much medical marijuana is in the pipeline in Oregon? The managers of the state’s program concede that they simply don’t know because of lax reporting…

Federal Reserve projects further gradual hikes in key rate

WASHINGTON (AP) — The Federal Reserve said Friday it expects low unemployment and rising inflation will keep it on track to raise interest rates at a gradual pace over the…