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  • Ex-rival backs Boris Johnson in UK leadership race
    Updated: 06/18/2019 4:30 AM

    LONDON (AP) — A former candidate to lead Britain's Conservative Party has thrown her support behind front-runner Boris Johnson. Andrea Leadsom, an ardent backer of Britain's exit from the European Union, told LBC Radio that she's backing Johnson, because "I think he will be a very good leader for our country." Leadsom's endorsement came as the leadership contenders move to a knockout round and television debate Tuesday. The goal is to win the coveted slot on the postal ballot being sent to Conservative Party members nationwide — a vote that will decide the next leader and the next prime minister.
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  • EU court declares Germany's highway tolls illegal
    Updated: 06/18/2019 4:19 AM

    BERLIN (AP) — The European Court of Justice has ruled that highway tolls in Germany are illegal because they unfairly penalize drivers from other European Union countries. The Luxembourg court's ruling Tuesday means Germany will have to drop or revise its highway toll system. The case was brought by Austria, which complained that the levies of up to 130 euros ($146) a year are discriminatory and therefore illegal under EU law. All motorists have to pay the toll according to their vehicle's size and engine type, but German taxpayers can file for refunds.
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  • Asian markets mixed ahead of central banks' rate decisions
    Updated: 06/18/2019 2:45 AM

    SINGAPORE (AP) — Asian stocks were mixed on Tuesday as caution set in ahead of interest rate decisions by the U.S. Federal Reserve and other central banks. Japan's benchmark Nikkei 225 eased 0.7% to 20,972.71 while South Korea's Kospi rose 0.4% to 2,098.71. Hong Kong's Hang Seng picked up 0.9% to 27,481.62. The Shanghai Composite index was 0.1% lower at 2,884.46. Australia's S&P ASX 200 added 0.6% to 6,570.00. Shares rose in Taiwan and in most of Southeast Asia. The U.S. Federal Open Market Committee will hold a two-day meeting starting Tuesday.
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  • Oregon Democrats rally behind cap-and-trade emissions plan
    Updated: 06/17/2019 11:36 PM

    SALEM, Ore. (AP) — Oregon is on the precipice of becoming the second state after California to adopt a cap-and-trade program, a market-based approach to lowering the greenhouse gas emissions behind global warming. The House approved the plan 36-24 Monday after nearly six hours of debate, with supporters calling it the United States' most progressive climate policy. Rep. Karin Power, a Democrat from suburban Portland and one of two key lawmakers behind the measure, said it not only cuts emissions but invests in transitioning the state economy and infrastructure to better prepare for more intense weather events tied to climate change.
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  • Fire triggers pollution concerns at US Steel coke plant
    Updated: 06/17/2019 11:06 PM

    The second fire in six months at U.S. Steel's massive coke plant outside Pittsburgh knocked a key pollution control system offline for nearly 16 hours Monday, prompting a health warning for residents and stern words from the region's top elected official. The steelmaker announced late Monday that it had completed repairs following a small electrical fire, and equipment that removes toxic sulfur dioxide from coke oven gases was back in operation. The mishap did impact the neighborhood's air quality, according to U.S.
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  • Sotheby's sold! French-Israeli billionaire pays $3.7 billion
    Updated: 06/17/2019 7:14 PM

    NEW YORK (AP) — The 275-year-old auction house Sotheby's is being sold to a French Israeli businessman for about $3.7 billion. Sotheby's, founded in London in 1744, is the oldest company traded on the New York Stock Exchange. If the deal is approved by shareholders and regulators, Sotheby's would become a privately held company for the first time in more than three decades. The New York company, which started in London, holds auctions in 10 salesrooms worldwide with annual sales turnover exceeding $4 billion.
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  • Small media company to run Sports Illustrated for new owner
    Updated: 06/17/2019 7:05 PM

    NEW YORK (AP) — The company that recently bought Sports Illustrated has found someone to run it: a small media company called Maven. Authentic Brands Group bought Sports Illustrated from publishing giant Meredith last month. At the time, the companies said Meredith would run the magazine and the SI.com website for at least two years under a licensing deal. But in a filing Monday, Maven said it has a licensing deal for Sports Illustrated magazine and the website. It says Ross Levinsohn, former publisher of the Los Angeles Times, would be CEO of what will soon be named Sports Illustrated Media.
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  • Is Elon Musk closing troublesome Twitter account or teasing?
    Updated: 06/17/2019 6:20 PM

    SAN FRANCISCO (AP) — Tesla CEO Elon Musk abruptly revealed that he is closing the popular Twitter account that has repeatedly landed him in legal trouble, but then proceeded to keep it open long after announcing he had deleted it. The mixed messaging began to unfold Sunday when Musk changed his Twitter handle to DaddyDotCom in apparent homage to Father's Day. Then he signaled in a tweet that he was scrapping the account. But 17 hours later, the account remained open under its old "elonmusk" handle with 27 million followers.
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  • Lockheed Martin announces $142M expansion of Arkansas plant
    Updated: 06/17/2019 4:40 PM

    LITTLE ROCK, Ark. (AP) — Lockheed Martin said Monday that will spend $142 million and hire 326 new workers over the next few years as it expands its southern Arkansas facility. The Maryland-based company announced the expansion of its plant in Camden, about 85 miles (140 kilometers) southwest of Little Rock. The facility currently employs about 700 workers. Company officials told reporters on a conference call that the expansion will be completed by 2024. The expansion will support new construction and improve existing facilities for products such as the Terminal High Altitude Area Defense, the Army Tactical Missile System and others, plus new machinery and equipment.
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  • Gloria Vanderbilt, heiress, jeans queen, dies at 95
    Updated: 06/17/2019 3:45 PM

    NEW YORK (AP) — Gloria Vanderbilt, the intrepid heiress, artist and romantic who began her extraordinary life as the "poor little rich girl" of the Great Depression, survived family tragedy and multiple marriages and reigned during the 1970s and '80s as a designer jeans pioneer, died Monday at the age of 95. Vanderbilt was the great-great-granddaughter of financier Cornelius Vanderbilt and the mother of CNN newsman Anderson Cooper, who announced her death via a first-person obituary that aired on the network Monday morning.
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