Financial News

High Country Crime Stoppers
August 29, 2019
AP-NC Newswatch
August 30, 2019
Financial News





Global stocks up today … Former UK leader Major joins Brexit legal battle … Probes of e-cigarette giant Juul underway in Illinois, DC


BEIJING (AP) – Global stocks rose today on hopes that next month’s U.S.-Chinese talks might produce progress toward ending a costly tariff war over trade and technology. London and Frankfurt gained in early trading. Tokyo closed higher while Shanghai was unchanged. Wall Street is expected to open higher today with S&P futures up 0.4% and Dow futures up 0.5%.


HELSINKI (AP) – Former British Prime Minister John Major says he will seek the court’s permission to join a legal battle to prevent the government from suspending Parliament ahead of the Brexit deadline. Major says he would join a case already brought by activist Gina Miller that is designed to prevent Prime Minister Boris Johnson from suspending Parliament for a number of weeks.


WASHINGTON (AP) – E-cigarette giant Juul Labs is facing mounting scrutiny from state law enforcement officials. The Associated Press has learned that attorneys general in Illinois and the District of Columbia are investigating how the company’s blockbuster vaping device became so popular with underage teens. Parents, politicians and public health advocates accuse Juul of fueling a vaping craze among high schoolers. Juul’s top executives have disputed allegations that they’ve marketed their products to teens


SACRAMENTO, Calif. (AP) – Uber, Lyft and DoorDash are threatening to spend $90 million on a California ballot measure if they can’t reach a deal with unions and lawmakers on legislation that would change the rights of their drivers and other so-called gig workers. The companies’ team-up comes as California lawmakers debate a bill that would make it harder to classify workers as independent contractors instead of employees. As employees, workers are entitled to more wage protections and benefits.


FERNDALE, N.Y. (AP) – A proposed ban on the sale of foie gras (fwah-GRAH’) in New York City could mean trouble for farms outside the city that are premier U.S. producers of the French delicacy. A bill before the City Council would impose a $1,000 fine and up to one year behind bars on any restaurateur or grocery store owner who sells foie gras, the fattened liver of a duck. Critics want it banned because producing it involves force-feeding a bird by sticking a tube down its throat.



AP-WF-08-30-19 1045GMT