Government business and finance

FILE - This April 22, 2005, file photo, shows logos for MasterCard and Visa credit cards at the entrance of a New York coffee shop. Visa and Mastercard are dropping out of Facebook’s Libra project, a potentially fatal blow to the social network’s plan for a worldwide digital currency, Friday, Oct. 11, 2019. (AP Photo/Mark Lennihan, File)
October 12, 2019 - 8:05 am
Facebook faces a rough road ahead with Libra, but defections by high-profile partners are still unlikely to spell the end for the digital currency. On Friday, Visa and MasterCard announced their departures from the Libra project, as did e-commerce giant eBay and payments startup Stripe. Last week,...
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President Donald Trump receives a letter presented to him by Chinese Vice Premier Liu He, left, in the Oval Office of the White House in Washington, Friday, Oct. 11, 2019. (AP Photo/Andrew Harnik)
October 12, 2019 - 3:16 am
BEIJING (AP) — Companies have welcomed a U.S.-Chinese trade truce as a possible step toward breaking a deadlock in a 15-month-old tariff war, while economists caution there was little progress toward settling core disputes including technology that threaten global growth. President Donald Trump...
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Chinese Vice Premier Liu He accompanied by U.S. Trade Representative Robert Lighthizer, left, and Treasury Secretary Steven Mnuchin, greets the media before a minister-level trade meetings at the Office of the United States Trade Representative in Washington, Thursday, Oct. 10, 2019. (AP Photo/Jose Luis Magana)
October 11, 2019 - 11:20 pm
WASHINGTON (AP) — The Latest on U.S.-China trade talks (all times local): 3:59 p.m. The United States is suspending a tariff hike on $250 billion in Chinese imports that was set to take effect Tuesday, and China agreed to buy $40 billion to $50 billion in U.S. farm products as the world's two...
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This Wednesday, Aug. 28, 2019, photo shows the Adelanto U.S. Immigration and Enforcement Processing Center operated by GEO Group, Inc. (GEO) a Florida-based company specializing in privatized corrections in Adelanto, Calif. California is banning the use of for-profit, private detention facilities, including those the federal government uses for immigrants awaiting deportation hearings. California Gov. Gavin Newsom announced Friday, Oct. 11, 2019 he had signed a measure into law that helps fulfill his promise to end the use of private prisons.(AP Photo/Chris Carlson)
October 11, 2019 - 5:48 pm
SACRAMENTO, Calif. (AP) — California will ban the use of for-profit, private detention facilities, including those under contract to the federal government to hold immigrants awaiting deportation hearings, under a bill that Gov. Gavin Newsom said Friday that he had signed. The Democratic governor...
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FILE - In this Oct. 2, 2019, file photo specialist Dilip Patel, right, works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Oct. 11. (AP Photo/Richard Drew, File)
October 11, 2019 - 5:19 pm
The S&P 500 finished with its first weekly gain in four weeks Friday as investors welcomed a thaw in the punishing trade war between the U.S. and China. After two days of negotiations in Washington, the U.S. agreed to suspend a planned hike in tariffs on $250 billion of Chinese goods that had...
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Chinese Vice Premier Liu He accompanied by U.S. Trade Representative Robert Lighthizer, left, and Treasury Secretary Steven Mnuchin, greets the media before a minister-level trade meetings at the Office of the United States Trade Representative in Washington, Thursday, Oct. 10, 2019. (AP Photo/Jose Luis Magana)
October 11, 2019 - 5:04 pm
WASHINGTON (AP) — The Trump administration is suspending a tariff hike on $250 billion in Chinese imports that was set to take effect Tuesday, and China agreed to buy $40 billion to $50 billion in U.S. farm products as the world's two biggest economies reached a cease-fire in their 15-month trade...
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October 11, 2019 - 5:03 pm
Stocks closed sharply higher Friday as the U.S. and China reached a partial deal on trade and said they would continue negotiating. President Donald Trump agreed to suspend an increase in tariffs on $250 billion in Chinese goods due to kick in Oct. 15. In exchange, China agreed to boost purchases...
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Tina Wheeler, manager of Dan and Vi's pizza poses for a photo, Thursday, Oct. 10, 2019 in Detroit. Dan and Vi’s pizza deli, one of the few eateries near the Detroit-Hamtramck General Motors plant, says sales have been down, though Wednesday’s noontime crowd snaked around the small shop nearly to the door. “We’re definitely noticing a difference in sales, but we’re gonna be OK,” said manager Tina Wheeler. “We’ve been in the neighborhood 56 years. We’re not going anywhere.” (AP Photo/Corey Williams)
October 11, 2019 - 12:27 am
DETROIT (AP) — Financial costs of the United Auto Workers' strike against General Motors are proving worrisome to more than the automaker and its workers manning picket lines. Michigan's Treasury Department says that with all GM employees in Michigan on strike, state withholding taxes are...
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Col. Cristian Rueda Ramos, one of several police officers who has been detained by anti-governments protesters, is made to hold an indigenous banner, don a national flag as a cape and a fedora-styled hat, while presented on a stage at the Casa de Cultura in Quito, Ecuador, Thursday, Oct. 10, 2019. An indigenous leader and four other people have died in unrest in Ecuador since last week, the public defender's office said Thursday. (AP Photo/Fernando Vergara)
October 10, 2019 - 6:12 pm
QUITO, Ecuador (AP) — Anti-government protesters paraded captive police officers on a stage Thursday, defying Ecuadorian authorities who are seeking dialogue with opponents, particularly indigenous groups, after more than a week of deadly unrest. The brazen act occurred in the capital of Quito at a...
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FILE - In this Oct. 7, 2019, file photo specialist Dilip Patel, right, work with traders at his post on the floor of the New York Stock Exchange. Banks led stocks broadly higher on Wall Street in afternoon trading Thursday, Oct. 10, placing the market on track to extend its gains from the day before. (AP Photo/Richard Drew, File)
October 10, 2019 - 4:43 pm
Stocks closed broadly higher on Wall Street for the second straight day Thursday as the U.S. and China kicked off a new round of negotiations in their long-running trade war. Technology companies and banks led the rally as investors turned hopeful that the 13th round of trade talks will bring both...
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