Buffett's firm invests in JP Morgan Chase, drops Walmart
OMAHA, Neb. (AP) — Investor Warren Buffett's company picked up nearly 36 million shares of JP Morgan Chase stock in the third quarter and eliminated its stake in Walmart as part of a number of changes in its portfolio.
Hearing reveals chilling details of fatal Southwest flight
There was a loud bang, and suddenly the Southwest Airlines jet rolled sharply to the left. Smoke began to fill the cabin, and flight attendants rushed row by row to make sure all passengers could get oxygen from their masks.
Stung by Amazon's rejection, cities look on the bright side
Sometimes losing is winning. Or at least that's what some of the 18 North American cities passed up by Amazon for its new headquarters are telling themselves.
Feds subpoena Snap over shareholder lawsuit
NEW YORK (AP) — Snap Inc. has received federal subpoenas related to a class-action lawsuit stemming from its 2017 initial public offering.
EU trade chief says hit list of US products being developed
WASHINGTON (AP) — The European Union is preparing a target list of American products it will hit with punitive tariffs if the Trump administration goes through with its threat to impose tariffs on European auto imports, the bloc's trade chief said Wednesday.
May wins Cabinet backing for Brexit deal but pitfalls remain
LONDON (AP) — In a hard-won victory, British Prime Minister Theresa May persuaded her fractious Cabinet to back a draft divorce agreement with the European Union on Thursday, a decision that triggers the final steps on the long and rocky road to Brexit.
Incentives to Amazon could top $2.8 billion in NYC
NEW YORK (AP) — The total value of the incentive package New York is using to lure Amazon could top $2.8 billion. Amazon announced Tuesday that it would build new headquarters in New York City and Washington D.C.'s Virginia suburbs, each of which would host around 25,000 workers.
PG&E says it contacted resident about shut-off power line
CHICO, California (AP) — A utility accused in a lawsuit of igniting California's deadliest and most destructive wildfire said it contacted a customer about a power line on her property but that sparks were not part of the discussion.
Key points in the draft EU-UK Brexit deal
LONDON (AP) — The draft divorce agreement between Britain and the European Union has two parts: a legally binding withdrawal agreement, which runs more than 580 pages, and a looser political declaration on future relations.
Banks, insurers pull stocks lower; Oil snaps 12-day skid
A turbulent day of trading on Wall Street ended Wednesday with a fifth consecutive loss for the benchmark S&P 500 index. An early rally drove major indexes sharply higher but was gone by midday, leaving the market headed lower for the rest of the day.
California's PG&E rocked as wildfire liability concerns rise
SAN FRANCISCO (AP) — PG&E's stock lost more than 20 percent of its value Wednesday after the utility said it does not have nearly enough insurance coverage if it is found liable for a Northern California wildfire that has left at least 48 people dead and destroyed about 7,700 homes.
Awaiting Amazon, 2 quiet real estate markets turn white-hot
WASHINGTON (AP) — Amazon has just sparked a real estate frenzy to rival Cyber Monday. A three-bedroom condo with Manhattan views that had sat on the market for months, priced at $1.7 million, is suddenly drawing would-be buyers now that Amazon has announced plans to build part of its new second headquarters in Long Island City.
After intense wrangling, UK backs a Brexit deal. Now what?
LONDON (AP) — Like white smoke from the Vatican announcing a new pope, the signal from Britain's Cabinet table says: We have a decision.
Big question for Amazon's 2 chosen cities: Will it pay off?
WASHINGTON (AP) — The awarding of Amazon's second headquarters to two affluent localities has fanned intense speculation around a key question: For the winning cities, will the economic payoff prove to be worth the cost? Amazon's decision will bring to Arlington, Virginia, and the Long Island City section of New York a combined 50,000 jobs and $5 billion in investment over the next two decades.
White House says it has 'broad discretion' on press access
WASHINGTON (AP) — President Donald Trump's administration contends it has "broad discretion" to regulate press access to the White House as it fends off a legal challenge from CNN and other outlets over the revocation of journalist Jim Acosta's "hard pass."
Volkswagen to devote 3 German plants to electric car push
FRANKFURT, Germany (AP) — German automaker Volkswagen will convert three factories in Germany to manufacture electric cars, ramping up production of zero-local emission cars ahead of tougher European emissions standards, the company said Wednesday.
New allegations that Colombia prosecutor covered up bribes
BOGOTA, Colombia (AP) — A dramatic recording from beyond the grave has led to allegations that Colombia's chief prosecutor — a key U.S.
Macy's charges into the holiday shopping season like a boss
NEW YORK (AP) — Macy's is heading into the crucial holiday season firing on all cylinders, logging its fourth consecutive quarter of sales growth at existing locations and getting strong reactions from customers both online and in its stores.
US energy secretary In Prague to lobby for nuclear industry
PRAGUE (AP) — U.S. Energy Secretary Rick Perry has been lobbying in Prague for the U.S. civil nuclear industry as the most suitable to develop the Czech nuclear program.
German economy shrinks for the first time since early 2015
BERLIN (AP) — Germany's economy shrank slightly in the third quarter of 2018, the first quarterly decline since early 2015, due to declining exports and bottlenecks in getting new cars certified under tougher emissions tests.
Mass survey shows Germans are clinging to their cars
BERLIN (AP) — Germanys remains a nation of auto lovers, with use of car-sharing services, bikes and public transport on the rise, mainly in large cities.
US panel warns against government purchase of Chinese tech
WASHINGTON (AP) — A congressional advisory panel says the purchase of internet-linked devices manufactured in China leaves the United States vulnerable to security breaches that could put critical infrastructure at risk.
US consumer prices increased 0.3 percent in October
WASHINGTON (AP) — Consumer prices climbed 0.3 percent in October, with higher prices for gasoline, used autos and housing contributing to the increase.
Italy faces higher borrowing costs, sanctions on budget
MILAN (AP) — Italian borrowing costs have risen after the populist government resubmitted draft budget proposals without the significant changes sought by the European Commission.
Greek civil servants walk off job in 24-hour strike
ATHENS, Greece (AP) — Civil servants in Greece walked off the job Wednesday in a 24-hour strike to protest austerity measures, demanding wage and pension increases as well as the abolition of all legislation as part of the country's international bailouts.

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