AP Exclusive: OxyContin maker to plead to 3 criminal charges
WASHINGTON (AP) — Purdue Pharma, the company that makes OxyContin, the powerful prescription painkiller that experts say helped touch off an opioid epidemic, will plead guilty to three federal criminal charges as part of a settlement of more than $8 billion, Justice Department officials told The Associated Press.
Spain's parliament debates no-confidence vote to oust govt
MADRID (AP) — Spanish Prime Minister Pedro Sánchez is facing a no-confidence debate in parliament brought by the nation’s far-right Vox party, but it appears the maneuver lacks the necessary votes to topple the government.
Ericsson earnings boosted by 5G network rollouts
STOCKHOLM (AP) — Swedish telecom equipment maker Ericsson has reported upbeat third quarter earnings, helped mainly by the rollout of 5G wireless networks in China and a strong U.S.
EU says UK 'can't have cake, eat it too' but eyes new talks
BRUSSELS (AP) — The European Union struck a defiant tone on Wednesday as the standoff over resuming post-Brexit trade negotiations with the United Kingdom intensified, telling London that “you cannot have your cake and eat it too.” But the bloc's chief negotiator offered an olive branch to Britain by saying that both sides must compromise to reach a deal.
ILO says garment industry should do more to help workers
MITO, Japan (AP) — The coronavirus pandemic has slammed the apparel industry, leaving many of the 65 million Asian garment factory workers struggling as factories close or cut back on wages, and the International Labor Organization is urging the industry to do more to protect them.
From Detroit to Oakland, pandemic threatens urban renewal
DETROIT (AP) — Downtown Detroit was returning to its roots as a vibrant city center, motoring away from its past as the model of urban ruin.
Cathay Pacific cuts 8,500 jobs, shutters regional airline
HONG KONG (AP) — Hong Kong airline Cathay Pacific Airways said Wednesday it would cut 8,500 jobs and shut a regional airline as it grapples with the plunge in air travel due to the pandemic.
Australian watchdog considers its own Google antitrust case
CANBERRA, Australia (AP) — Australia’s competition watchdog will consider its own antitrust case against Google, the commission chairman said Wednesday after the U.S.
5 takeaways from the government's lawsuit against Google
WASHINGTON (AP) — The Justice Department's lawsuit against Google alleging antitrust violations marks the government’s most significant attempt to protect competition since its groundbreaking case against Microsoft more than 20 years ago.
U.S. antitrust case against Google mirrors Microsoft battle
WASHINGTON (AP) — The Trump administration's legal assault on Google actually feels like a blast from the past. The U.S. Justice Department filed an equally high-profile case against a technology giant in 1998, accusing it of leveraging a monopoly position to lock customers into its products so they wouldn't be tempted by potentially superior options from smaller rivals.
Asian shares rise after Wall Street gains on solid earnings
TOKYO (AP) — Asian shares mostly rose Wednesday, cheered by the gains on Wall Street as investors welcomed a batch of solid earnings reports from U.S.
An electric Hummer? Battery-powered trucks head to showrooms
DETROIT (AP) — Seven auto companies have plans to roll out new battery-powered pickup trucks over the next two years, aiming to cash in on a popular and lucrative market for expensive vehicles.
Netflix reports a summer slump in subscriber growth
Netflix’s subscriber growth slowed dramatically during the summer months after surging in the spring fueled by pandemic lockdowns that corralled millions of people in their homes.
Justice Dept. files landmark antitrust case against Google
WASHINGTON (AP) — The Justice Department on Tuesday sued Google for abusing its dominance in online search and advertising — the government’s most significant attempt to protect competition since its groundbreaking case against Microsoft more than 20 years ago.
Older workers face higher unemployment amid virus pandemic
For the first time in nearly 50 years, older workers face higher unemployment than their midcareer counterparts, according to a study released Tuesday by the New School university in New York City.
DC debuts smartphone-based COVID-19 exposure alert system
WASHINGTON (AP) — The nation’s capital has become one of the first jurisdictions in the country to employ a new COVID-19 notification system, a joint Google-Apple venture that delivers alerts to people’s phones, notifying them that they may have been exposed to the coronavirus.
How Google evolved from 'cuddly' startup to antitrust target
SAN RAMON, Calif. (AP) — In Google's infancy, co-founders Larry Page and Sergey Brin reviled Microsoft as a technological bully that ruthlessly abused its dominance of the personal computer software market to choke off competition that could spawn better products.
Window opens for Virgin Galactic's final round of testing
ALBUQUERQUE, N.M. (AP) — The window for the final round of testing of Virgin Galactic’s rocket-powered spacecraft opens later this week as the company inches toward commercial flights.
Tennessee factory to become GM's 3rd electric vehicle plant
DETROIT (AP) — General Motors plans to spend $2 billion to convert its Spring Hill, Tennessee, assembly plant into a third U.S. site to build future electric vehicles.
UK to infect healthy volunteers in vaccine research trial
LONDON (AP) — Danica Marcos wants to be infected with COVID-19. While other people are wearing masks and staying home to avoid the disease, the 22-year-old Londoner has volunteered to contract the new coronavirus as part of a controversial study that hopes to speed development of a vaccine.
European nations mixed in their response to virus spikes
Countries across Europe are battling coronavirus infection spikes with new lockdowns, curfews, face mask orders and virus tracking smart phone apps.
UK's Lords condemns Brexit bill as UK-EU talks stay stalled
LONDON (AP) — Britain’s upper house of Parliament delivered a resounding condemnation of the government’s contentious new Brexit legislation on Tuesday, as a standoff continued between the U.K.
Sweden bans Huawei, ZTE from 5G, calls China biggest threat
Sweden is banning Chinese tech companies Huawei and ZTE from building new high-speed wireless networks after a top security official called China one of the country's biggest threats.
Jewish group condemns auction of Hitler speeches in Germany
BERLIN (AP) — A prominent European Jewish organization slammed a Munich auction house's decision to sell several of Nazi dictator Adolf Hitler's handwritten speech notes, saying Tuesday it “defies logic, decency and humanity” to put them on the market.