The Seattle Times

URL:

http://seattletimes.nwsource.com/

Catalog:

Economy

Publishes:

38.3 items/day

New Jersey breaks its monthly sports betting record

21:42
ATLANTIC CITY, N.J. (AP) — Gamblers wagered a record-breaking $445 million on sports in New Jersey in September, the largest monthly total in the state since legal sports betting began in June 2018. Tuesday’s release of figures came as the rapidly growing New Jersey sports betting market challenges Nevada for nationwide leadership of the industry. […]

Nevada gaming bosses move to bar Wynn from casino industry

21:02
LAS VEGAS (AP) — Nevada gambling regulators are seeking to bar former casino magnate Steve Wynn from ever working in the gaming industry in the state. The state’s Gaming Control Board filed a complaint Monday listing sexual misconduct allegations that have been lodged against the mogul since January 2018. The Las Vegas Review Journal reports […]

Judge blocks Michigan’s ban on flavored e-cigarettes

21:02
LANSING, Mich. (AP) — A Michigan judge on Tuesday blocked the state’s weeks-old ban on flavored e-cigarettes, citing evidence that adults could return to smoking more harmful than tobacco products. Court of Claims Judge Cynthia Stephens also said Gov. Gretchen Whitmer’s administration’s delay in implementing the prohibition undercut its position that emergency rules were justified. […]

Florida judge: $1.3B scam nets Californian 25 years’ prison

20:21
MIAMI (AP) — A California man has been sentenced by a Florida judge to 25 years in prison for orchestrating a $1.3 billion fraud scheme that stole money from at least 7,000 investors nationwide. Court records show 61-year-old Robert Shapiro was sentenced Tuesday in Miami federal court after previously pleading guilty to mail and wire […]

Felicity Huffman starts serving prison time in college scam

20:21
DUBLIN, Calif. (AP) — A representative for Felicity Huffman says the actress has reported to a federal prison in California to serve a two-week sentence in the college admissions scandal. The Federal Correctional Institution, Dublin is a low-security prison for women in the San Francisco area. A federal judge in Boston sentenced Huffman last month […]

German 5G rules avoid Huawei ban; US warns on intel sharing

18:57
LONDON (AP) — Germany has released draft security guidelines for next generation wireless networks that stop short of banning Huawei, as the U.S. warned again it would reconsider intelligence sharing with allies that use the Chinese company’s equipment. The Federal Network Agency issued rules on Tuesday laying out conditions for suppliers for new 5G networks. […]

Trump’s sanctions won’t bite a vulnerable Turkish economy

18:57
FRANKFURT, Germany (AP) — The sanctions the U.S. announced against Turkey this week over its offensive in Syria fall well short of doing serious damage to an economy still healing from a recession and currency collapse. President Donald Trump could take far tougher action that would deter foreign investment and credit that Turkey badly needs […]

Harley temporarily suspends electric motorcycle production

17:33
NEW YORK (AP) — Harley-Davidson is suspending production of its highly anticipated electric motorcycle because of technical issues that arose during a final quality check. The manufacturer is counting on the LiveWire motorcycle to attract younger customers and counter flagging sales in the U.S. as its traditional customer base ages. The company is staying in […]

IMF welcomes attempt to resolve dispute in Ecuador

17:33
WASHINGTON (AP) — The International Monetary Fund said Tuesday it welcomes the decision by Ecuadorian President Lenin Moreno to cancel an austerity package following more than a week of protests. Gita Gopinath, director of the IMF’s Research Department, said the agency welcomes the attempt “to bring in all stakeholders and to make decisions about macro […]

GM CEO Barra joins talks; deal to end strike may be near

16:51
DETROIT (AP) — A person briefed on the talks says General Motors CEO Mary Barra is joining negotiators at the bargaining table, a sign that an agreement may be near to end a monthlong strike. Barra was with company President Mark Reuss (Royce). The person who didn’t want to be identified because the talks are […]

Huawei lashes out at Estonia for ‘unfounded’ security claims

16:51
HELSINKI (AP) — Chinese telecom company Huawei has criticized the Estonian government and media for spreading what it says are “arbitrary and unfounded” allegations about cybersecurity risks related to the company’s mobile phones. Hong Yang, head of Huawei’s Baltic consumer business, said in a statement Tuesday that the company “is always ready to defend its […]

Stocks move higher as companies report solid earnings

16:51
NEW YORK (AP) — Solid financial results from some of the nation’s largest companies helped push stocks higher in early trading on Wall Street Tuesday. Health care stocks led the market as insurer UnitedHealth Group and health care products company Johnson & Johnson raised their annual financial forecasts following surprisingly good third quarter results. Chipmaker […]

French firefighters protest working conditions, low pay

16:51
PARIS (AP) — Thousands of French firefighters are protesting low pay and difficult working conditions and say they want to know they have the government’s support. Tuesday’s protest comes two weeks after a similar protest by police in the streets of Paris. Holding aloft smoky flares and wearing uniforms and reflective helmets, they walked slowly […]

French lawmakers to vote on giving IVF to lesbians, singles

15:28
PARIS (AP) — France’s lower house of parliament is set to adopt a bill that would give single women and lesbian couples access to in vitro fertilization and related procedures. The vote on France’s bioethics bill, including measures on assisted reproduction, is being held later Tuesday at the National Assembly, where French President Emmanuel Macron’s […]

IMF downgrades outlook for world economy, citing trade wars

15:27
WASHINGTON (AP) — The International Monetary Fund is further downgrading its outlook for the world economy, predicting that growth this year will be the weakest since the 2008 financial crisis primarily because of widening global conflicts. The IMF’s latest World Economic Outlook foresees a slight rebound in 2020 but warns of threats ranging from heightened […]
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