Disney to lay off 28,000 at its parks in California, Florida
ORLANDO, Fla. (AP) — Squeezed by limits on attendance at its theme parks and other restrictions due to the pandemic, The Walt Disney Co.
Trump facing devastating debt load? Experts say not so fast
NEW YORK (AP) — President Donald Trump reportedly must pay back more than $300 million in loans over the next four years, raising the possibility his lenders could face an unprecedented situation should he win a second term and not be able to raise the money: foreclosing on the leader of the free world.
Prosecutor: Huawei defense turning US extradition into trial
VANCOUVER, British Columbia (AP) — A Canadian prosecutor says by requesting the inclusion of additional evidence the defense team for a Chinese executive wanted in the United States is coming close to turning an extradition hearing into a trial.
Unfriendly skies: Airline workers brace for mass layoffs
DETROIT (AP) — The worries are growing for United Airlines flight attendant Jordy Comeaux. In a few days, he’ll be among roughly 40,000 airline workers whose jobs are likely to evaporate in an industry decimated by the coronavirus pandemic.
California sues US regulator in bid to deter 'ghost guns'
SACRAMENTO, Calif. (AP) — Backed by the fathers of two slain children, California's attorney general sued the Trump administration on Tuesday in an effort to crack down on so-called “ghost guns” that can be built from parts with little ability to track or regulate the owners.
Biden releases 2019 taxes as pre-debate contrast with Trump
WASHINGTON (AP) — Democratic presidential nominee Joe Biden paid nearly $288,000 in federal income taxes last year, according to returns he released just hours before his Tuesday night debate with President Donald Trump.
JPMorgan to pay $920M for manipulating bond, metals markets
NEW YORK (AP) — JPMorgan Chase admitted Tuesday to manipulating the markets for precious metals and U.S. Treasuries, agreeing to pay $920 million in fines and penalties for the illegal behavior.
Microsoft resolves major Monday outage after five hours
NEW YORK (AP) — Microsoft took five hours to resolve a major outage of its workplace applications on Monday, but has not clarified what caused the outage.
Regulators crack down on aggressive, dubious debt collectors
NEW YORK (AP) — Those mysterious debt collectors who call insisting you’ll be in legal peril if you don’t pay them big bucks are in hot water themselves, accused in a nationwide crackdown of harassing and threatening consumers, often about debts that don’t actually exist.
Hybrid Paris Fashion Week, both physical and digital, begins
PARIS (AP) — Christian Dior on Tuesday was the first major fashion house to stage a traditional ready-to-wear runway show in Paris since the coronavirus pandemic hit in March.
Dying winds give crews hope in Northern California fires
SAN FRANCISCO (AP) — Easing winds gave California firefighters a break Tuesday as they battled a destructive wildfire that was driven by strong winds through wine country north of San Francisco and another rural blaze that killed three people.
Assange may end up at Colorado Supermax jail, UK court told
LONDON (AP) — WikiLeaks founder Julian Assange would have to be “almost dying” to get out of arguably the most notorious prison in the United States if convicted of espionage charges and sent there, a court at London's Old Bailey heard Tuesday.
Consumer confidence posts solid gain to 101.8 in September
WASHINGTON (AP) — U.S. consumer confidence rebounded more quickly in September than most economists had expected though they remain far from levels that were the norm before the pandemic struck.
S&P CoreLogic Case-Shiller: US home prices rise 3.9% in July
WASHINGTON (AP) — U.S. home prices rose at a faster pace in July as the housing market continued to show strength in the midst of the coronavirus outbreak.
France to ban use of wild animals in circuses, marine parks
PARIS (AP) — France's environment minister has announced a gradual ban on using wild animals in traveling circuses, on keeping dolphins and killer whales in captivity in marine parks and on raising mink on fur farms.
German minister says debt won't reach financial crisis level
BERLIN (AP) — Germany's debt load won't reach the level it did in the financial crisis a decade ago as a result of the coronavirus pandemic, the finance minister said Tuesday, and it will still look better than that of Germany's peers in the Group of Seven did before the virus outbreak.
Japan's NTT to spend $38B to buy out, take DoCoMo private
MITO, Japan (AP) — Japanese telecoms giant Nippon Telegraph & Telephone, or NTT, announced Tuesday it will spend 4.3 trillion yen ($38 billion) to buy out and take private its mobile unit NTT DoCoMo in one of the largest ever deals of its kind.
Nissan employee testifies against American on trial in Japan
TOKYO (AP) — A Nissan employee testified Tuesday that he worked with another former Nissan executive, American Greg Kelly to find ways to pay the automaker's former chairman, Carlos Ghosn without fully disclosing his compensation.
Asian stocks mixed after Wall St rally ahead of US debate
Asian stocks were mixed Tuesday after Wall Street recovered some of this month's losses as investors looked ahead to a debate between President Donald Trump and his challenger in the November election, former Vice President Joe Biden.
Mexico says drug cartels prey on mining companies
MEXICO CITY (AP) — Mexico launched a special government guard force for mining operations Monday, admitting that drug cartels have preyed on the companies, many of which are foreign.
House Democrats unveil new $2.2T proposal for virus aid
WASHINGTON (AP) — House Democrats unveiled a scaled-back $2.2 trillion aid measure Monday in an attempt to boost long-stalled talks on COVID-19 relief, though there was no sign of progress in continuing negotiations between House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin.
US lawmakers propose tighter rules for new airplanes
WASHINGTON (AP) — Lawmakers who criticized regulators over the way they approved the Boeing 737 Max will propose changing the way that the Federal Aviation Administration certifies new plane designs and uses private-sector employees to perform safety analysis.
Ethics experts see national security concern in Trump's debt
WASHINGTON (AP) — Revelations that President Donald Trump is personally liable for more than $400 million in debt are casting a shadow over his presidency that ethics experts say raises national security concerns he could be manipulated to sway U.S.
United Airlines pilots approve deal that delays furloughs
Pilots at United Airlines voted to approve an agreement that will avoid about 2,850 furloughs that were set to take effect later this week and another 1,000 early next year.
Trump went even further than other uber-rich to shrink taxes
WASHINGTON (AP) — The tax-avoidance strategies that President Donald Trump capitalized on to shrink his tax bill to essentially zero are surprisingly common among major real estate developers and other uber-wealthy Americans.