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UK business secretary seeks fast-tracked Carillion probe

Britain's business secretary called Tuesday for a fast-tracked investigation into the collapse of construction giant and state contractor Carillion, expanding the remit of the probe to include the behavior of executives both past and present.Greg...

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EU chief urges Britain to change its mind over Brexit

European Union Council President Donald Tusk on Tuesday urged Britain to change its mind about leaving the bloc next year, as time to conclude a Brexit agreement runs short and EU leaders await more details on how the country sees their future ties...

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Panama Hotel votes to drop Trump _ but his company won't go

The owners of a Trump-branded hotel in Panama sued President Donald Trump's family-owned company in federal court Tuesday, alleging that the namesake business committed mismanagement and fraud.The lawsuit includes previously confidential arbitration...

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Bitcoin prices fall as South Korea says ban still an option

Prices of bitcoin and other digital currencies have skidded after South Korea's top financial policymaker said Tuesday that a crackdown on trading of crypto currencies was still possible.Finance Minister Kim Dong-yeon said in an interview with local...

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Jeep updates Cherokee compact SUV to compete in hot market

Fiat Chrysler's Jeep brand is giving the Cherokee compact SUV a major face-lift so it can better compete in one of the hottest parts of the U.S. automotive market.The 2019 Cherokee, unveiled Tuesday at the Detroit auto show, gets styling tweaks, a...

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China's GAC to scrap Trump-sounding brand for US market

Chinese automaker GAC Motor will scrap the brand name it uses in China when it enters the U.S. market next year because it could be confused with President Donald Trump's surname.For the past eight years, GAC has sold cars and SUVs under the brand...

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The Latest: China's GAC on track to enter US late in 2019

The Latest on the Detroit auto show (all times local):2:30 p.m.Chinese automaker GAC Motor says it's on track to enter the U.S. market in the fourth quarter of next year.Company officials made the statement Monday as they introduced two models at...

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FCA's Marchionne says new CEO will be named this year

Fiat Chrysler CEO Sergio Marchionne says he'll step down next year after leading the combined company since 2009.Marchionne, 65, told media at the Detroit auto show that FCA will release a business plan through 2022 around June. The company will announce...

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Greeks face more pain, protests as bailout nears end

Greek lawmakers, eying the end of eight years of bailout programs, approved more austerity measures late Monday, as strikes and mass protests brought much of Athens to a standstill.Protesters in Athens sprayed police with red paint outside parliament...

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Future floods will be in mind as California town rebuilds

After power and drinking water return, and cleanup crews haul away the last of the boulders and muck that splintered homes like a battering ram, the wealthy seaside hideaway of Montecito, California, will start rebuilding with the possibility of another...

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