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Amazon, Buffett, JPMorgan pick Gawande to lead health firm

Amazon Berkshire JPMorgan Health Care

Three corporate giants seeking to attack rising health care costs have turned to a Harvard professor who has written books about the system’s many flaws. Amazon, JPMorgan Chase and Berkshire Hathaway have named Dr. Atul Gawande CEO of a venture the companies announced earlier this year: an...


Business

Feds: Engine crack caused 2015 British Airways incident

Federal investigators say a fatigue crack in the engine compressor on a British Airways jet was to blame for an aborted takeoff and fire at a Las Vegas airport. One flight attendant was seriously injured in the Sept. 8, 2015, incident at McCarran International Airport. Everyone on board the Boeing...


National Business

The Mouse chases the Fox: Disney makes $71B counteroffer

Battle For Fox

NEW YORK (AP) — The mouse is chasing the fox. Disney is offering more than $71 billion for Fox’s entertainment businesses in a counterbid to Comcast’s nearly $66 billion offer . The battle for Twenty-First Century Fox reflects a new imperative among entertainment and telecommunications firms. They...


Business

Airlines demand feds stop using their flights to transport migrant children separated

(c) 2018, The Washington Post. Three U.S.-based airlines asked the federal government Wednesday to refrain from using their planes to transport migrant children separated from their families, saying the controversial Trump administration practice does not align with their values. The announcements...


Business

You no longer get a free Burger King Whopper if you have a World Cup star's baby

(c) 2018, The Washington Post. There are lots of ways to celebrate the World Cup. You could wear a festive jersey. You could take a day off to watch some games. You could paint your face or even fly to Russia to attend in person. Or, according to a new ad from Burger King, you could allow yourself...


Business

Markets Right Now: Stocks end mostly higher, though Dow dips

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. Stocks are ending mostly higher Wednesday, although the Dow Jones industrials are posting a seventh straight loss due to weakness in McDonald’s and Travelers. The Dow slid 42.41, or 0.2 percent, to 24,657....


Business

Lawmakers rip tariffs enacted in name of national security

WASHINGTON (AP) — Pointing to damage done to home-state companies, lawmakers from both parties Wednesday criticized tariffs the Trump administration has imposed on imported steel and aluminum products in the name of national security. The Trump administration has turned to a little-used weapon in...


Business

Instagram unveils new video service in challenge to YouTube

Instagram TV

SAN FRANCISCO (AP) — Facebook’s Instagram service is loosening its restraints on video in an attempt to lure younger viewers away from YouTube when they’re looking for something to watch on their smartphones. The expansion announced Wednesday, dubbed IGTV, will increase Instagram’s video time limit...


Business

2 airlines ask US not to put migrant children on flights

Migrant Children Airlines

DALLAS (AP) — American Airlines and United Airlines say they have asked the Trump administration not to use their flights to carry migrant children who have been separated from their parents. The CEOs of both airlines said that the administration’s recent immigration policy of separating migrant...


Business

AP Top Business News at 4:22 p.m. EDT

Kate Spade Foundation to donate $1M for suicide prevention Amazon, Buffett, JPMorgan pick Gawande to lead health firm Lawmakers rip tariffs enacted in name of national security The Mouse chases the Fox: Disney makes $71B counteroffer Burger King says sorry for Russian World Cup pregnancy ad 2...


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