Business & economy news - KAIT Jonesboro, AR - Region 8 News, weather, sports

Markle's bridal gown work of Givenchy's Clare Waight Keller

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British designer Clare Waight Keller is behind the silk boat-necked gown worn by Meghan Markle as she walked down the flower-bedecked nave of St. George's Chapel for her wedding to Prince Harry. More>>

Maduro favored as Venezuelans vote amid crisis

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Venezuelans vote Sunday in a presidential election with Nicolas Maduro expected to win a second six-year term, despite a deepening crisis that's made food scarce and inflation soar as oil production in the once wealthy nation plummets. More>>

US, China agree to cut American trade deficit

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United States and China agree to reduce massive US trade deficit but no numerical target set. More>>

Prosecutors in Poland probe sewage dump into Baltic bay

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Prosecutors on Poland's Baltic coast have opened a probe into potential damage to the environment of the Bay of Gdansk after the sewage system in this coast city malfunctioned and the refuse was dumped into the bay. More>>

FDA names drugmakers accused of blocking cheaper generics

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U.S. drug regulators are publicizing information on brand-name drugmakers that use what government officials call "gaming tactics" to block cheaper copycat versions. More>>

US approves 1st drug developed to prevent chronic migraines

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US regulators approve 1st drug designed to prevent chronic migraines. More>>

US births hit a 30-year low, despite good economy Video included

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Last year saw the lowest number of U.S. births in 30 years, with birth rates declining not only for women in their teens and 20s but also women in their 30s. More>>

New Starbucks policy: No purchase needed to sit in cafes

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New policy at Starbucks: No purchase needed to sit, use restrooms. More>>

Conservative revolt over immigration sinks House farm bill

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The House is pressing toward a showdown vote on stricter work and job training requirements for food stamps that are combined with a renewal of farm subsidies, but the measure's chances are iffy because of an unrelated scrap over immigration. More>>

Powerful, unpopular Venezuela leader faces opposition foes

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A look at President Nicolas Maduro and the two opposition candidates vying to become the next president of troubled Venezuela. More>>

US, China say Beijing commits to buying more American goods

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Just-ended U.S.-China trade talks in Washington have produced a commitment by Beijing to "significantly increase" its purchases of Americans goods and services. More>>

Hasbro trademarks Play-doh's scent: Sweet, slightly musky

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Hasbro has trademarked the scent of Play-doh. More>>

US stock indexes cap choppy trading week with a mixed finish

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U.S. stocks indexes are edging lower in early trading, adding to the market's modest losses from a day earlier. More>>

Scholar: Dumping fossil fuels by 2050 needed to save climate

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A prominent American economist says getting rid of fossil fuels by mid-century and switching to renewable energy sources and nuclear power offers the best chance of meeting the climate change targets set out by the Paris accord. More>>

Gay-friendly Apple weighs North Carolina despite LGBT laws

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Gay-rights advocates are divided on a potential marriage between one of the corporations most friendly to LGBT workers and causes and North Carolina, where a law passed two years ago and still partly in effect allows discrimination against them. More>>

Malaysians transfixed by luxury goods seized from ex-PM flat

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Malaysian police say they have confiscated 284 designer handbags and 72 suitcases containing cash, jewelry and other valuables as part of a corruption and money-laundering investigation into former Prime Minister Najib Razak. More>>

Panda Beer anyone? Craft beers flow in middle-class China

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Hundreds of craft beer enthusiasts, investors and brewers are attending an exhibition in Shanghai dedicated to expanding the palette of Chinese consumers and promoting sales of high-end brews. More>>

Company says gas leak caused explosion at Houston-area plant

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Authorities say an explosion and fire at a chemical plant near Houston injured 20 people and left one missing. More>>

Alaska fishermen: Sea otter comeback is eating into profits

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Sea otters have come back from the brink of extinction along Alaska's Panhandle but fishermen who target shellfish are seeking relief from their voracious appetites. More>>

Beijing showing signs of compromise in trade talks with US

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Beijing is showing signs of compromise in trade talks with US in Washington. More>>

Phone data-leak company: No record of location-data abuse

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Phone data-leak company: No record of location-data abuse. More>>

High-tech, sphere-shaped arena coming to Las Vegas Strip

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An 18,000-seat, sphere-shaped venue that will host concerts and other entertainment events on the Las Vegas Strip will break ground this summer. More>>

Trucking company owner 'saddened' by fatal school bus crash

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Investigators are working to determine why a school bus taking a group of fifth-graders on a field trip collided with a dump truck and tipped over in New Jersey, killing a student and a teacher. More>>

Putin says Russian gas shipments via Ukraine may continue

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German Chancellor Angela Merkel to meet with Russian President Vladimir Putin to discuss the conflicts in Syria and Ukraine. More>>

Facebook: We're better at policing nudity than hate speech

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Facebook report reveals its screening system is better at detecting some forms of offensive content than others. More>>

PayPal gains bigger in-store presence with $2.2B acquisition

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PayPal is buying financial services startup iZettle for $2.2 billion to expand its digital payment service into thousands of brick-and-mortar stores in Europe and Latin America. More>>

German-Russian pipeline takes shape despite US protests

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American officials say a pipeline project between Russia and Germany risks triggering U.S. sanctions because of security concerns. More>>

Trudeau touts Canada's AI credentials at MIT tech gathering

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Canadian Prime Minister Justin Trudeau is coming to MIT to speak with tech entrepreneurs. More>>

Senate backs effort to restore 'net neutrality' rules

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The Senate is poised to approve legislation designed to reverse the Federal Communications Commission's effort to deregulate the Internet. More>>

Dismissal upheld in suit over Viacom payments to Redstone

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Delaware's Supreme Court has upheld the dismissal of a shareholder lawsuit challenging Viacom Inc.'s payment of more than $13 million in compensation to company founder and former chairman Sumner Redstone. More>>

Campbell Soup CEO out, steel tariffs to bite soon

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Campbell Soup CEO Denise M. Morrison retires amid struggling sales and strategic review. More>>

Phone data-leak company: No record of location-data abuse

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Phone data-leak company: No record of location-data abuse. More>>

Missouri lawmakers approve measure regulating fake meat

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Missouri lawmakers have approved legislation that bans companies from labeling lab-grown meat products or meat substitutes as meat. More>>

Study says China-backed dam in Cambodia would destroy Mekong

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A study says a Chinese-backed plan for Cambodia to build the Mekong River's biggest dam would destroy fisheries that feed millions and worsen tensions with Vietnam, the downstream country with most to lose from dams on the waterway. More>>

Toshiba's chip sale to consortium wins regulatory approval

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Japanese electronics company Toshiba Corp. says the sale of its computer memory chip business to a consortium led by Bain Capital Private Equity has cleared all anti-trust regulatory approval, including a final one it was awaiting from China. More>>

The Latest: House defeats farm bill as conservatives revolt

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Conservatives have defeated a Republican farm bill that combined stricter work and job training requirements for food stamp recipients with a renewal of farm subsidies. More>>

Beijing showing signs of compromise in trade talks with US

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China drops anti-dumping investigation into imported US sorghum, says not in public interest. More>>

New attractions in Orlando power jump in park attendance

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The arms race to build new theme park attractions in Orlando is paying dividends. More>>

Billionaire Tom Steyer gets Michigan renewable energy deal

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Michigan's two dominant utilities have committed to increase the power they produce from wind and other renewable sources to 25 percent by 2030 under pressure from billionaire environmentalist Tom Steyer. More>>

From chicken to condoms, marketers cash in on royal wedding

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The royal wedding smorgasbord of merchandise includes Harry and Meghan Marmite, Royal Wedding ale, Wedding Rings cereal and a limited-edition bucket of royal wedding KFC chicken. More>>

What rising interest rates mean for savers, borrowers

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Interest rates are on the rise, and that can be a good or bad thing depending on whether you're saving or borrowing. More>>

Website flaw exposes real-time locations of US cellphones

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Website flaw exposes real-time locations of US cellphones. More>>

Italian stocks and bonds roiled by populist program

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The anti-establishment 5-Star movement has opened voting by its rank-and-file on a program with the right-wing League that could clear the way to Italy's first populist government. More>>

Former Deere factory manager in China loses court appeal

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The Iowa Supreme Court says a former Deere & Co. factory manager can't sue the company under the Iowa Civil Rights Act because he worked and lived in China when he was disciplined for having sexual relationships with women who worked at the factory. More>>

AP FACT CHECK: Tesla safety claims aren't quite right

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AP FACT CHECK: Tesla safety claims are partly true but not quite right. More>>

Mercer sisters liquidate beleaguered Cambridge Analytica

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Cambridge Analytica, beleaguered data collection agency that worked for President Donald Trump's 2016 election campaign, files for bankruptcy protection. More>>

Zuckerberg to meet EU officials _ dodging public grilling

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Facebook CEO Mark Zuckerberg has accepted to come explain his company's recent privacy issues with and allegations that it misused personal data at the European Parliament, the legislature's president says. More>>

Major Swiss road tunnel closed after German bus catches fire

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A major road tunnel in the Swiss Alps has been closed after a fire aboard a German bus, which left two people suffering from the effects of smoke inhalation. More>>

The Latest: Putin: Europe must help Syria rebuild

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Russian President Vladimir Putin says that gas supplies to Europe via Ukraine may continue even after the launch of a new prospective Germany-bound pipeline under the Baltic Sea. More>>

Porsche ordered to recall 60,000 vehicles in Europe

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German authorities have ordered the EU-wide recall of 60,000 Cayenne and Macan vehicles from Volkswagen's Porsche sports car division after finding that the vehicles emitted excessive pollutants. More>>

Global stocks mixed on backdrop of US-China talks

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Asian stocks higher on backdrop of US-China talks. More>>

The Latest: Putin says gas may keep going via Ukraine

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Russian President Vladimir Putin says that gas supplies to Europe via Ukraine may continue even after the launch of a new prospective Germany-bound pipeline under the Baltic Sea. More>>

Lowest US birth rate in 3 decades could pose risk to economy

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US births fell last year to 30-year low, a potential drag on the economy in coming years. More>>

US is running out of time on NAFTA while confronting China

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US is running out of time on a NAFTA rewrite even while confronting China over trade rift. More>>

Pruitt rescinding safety rules prompted by fatal plant blast

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Environmental Protection Agency administrator Scott Pruitt is moving to rescind some safety measures proposed after a deadly blast at a Texas fertilizer plant. More>>

Shares in troubled Italian bank dive on government plans

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Shares in troubled bank Monte dei Paschi di Siena took a nosedive after it emerged the populist parties negotiating to form a new government intend to keep the bank under state control. More>>

JC Penney outlook spooks Wall Street

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J.C. Penney is reporting a first-quarter loss along the lines of what analysts had expected, but also strong revenue. More>>

Kushner Cos. in talks to sell stake in struggling skyscraper

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Jared Kushner's family real estate firm in talks to sell a stake its struggling Manhattan skyscraper. More>>

Asian stocks marginally higher on backdrop of US-China talks

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Stock indexes edge mostly higher in morning trading, shaking off an early stumble. More>>

CBS board approves special dividend in face of likely veto

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A Delaware judge has refused to grant CBS Corp. a restraining order against its majority shareholder in a power struggle that could decide control of the company. More>>

Lawmakers repel challenge to much-criticized sugar program

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Food processors, soft drink manufacturers and candy makers are squaring off against the U.S. sugar industry in a familiar battle over a program that props up sugar prices. More>>

Judge denies bail for Hong Kong businessman in bribery case

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A New York judge has cited strong evidence in denying bail to a Hong Kong businessman awaiting trial in a United Nations-linked bribery conspiracy. More>>

Nordstrom posts strong profit but its sales gains are meager

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Nordstrom beats 1Q expectations. More>>

Vermont drug importation program will need federal approval

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Vermont's first-in-the-nation program to allow the wholesale importation of low-cost prescription drugs from Canada will need federal approval from skeptical Trump officials. More>>

House OKs expansion of private care at VA, budget crisis fix

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The House is set to give veterans more leeway to see doctors outside the Department of Veterans Affairs' health system. More>>

EU takes 6 member states to court over air quality

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The European Union is taking six member states to court for exposing their citizens to too much air pollution. More>>

Walmart beats all around, with online sales rebounding

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Walmart reports better-than-expected profit and revenue for the first quarter with rising e-commerce sales. More>>

Amputees sue railroad in Iowa, saying it creates danger

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Two Iowa women who lost limbs when they were struck while trying to climb through trains that were blocking the road are suing the railroad for allegedly ignoring a safety hazard that's left a trail of horrific injuries. More>>

Britain's main stock market closes at record high

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Britain's FTSE 100 index of leading shares has closed at a record high. More>>

The Latest: House votes to leave US sugar program alone

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A key House Republican says conservative hardliners hoping to force progress on unrelated immigration issues are lining up to block passage of a major overhaul of farm subsidies and federal nutrition programs. More>>

Church with $2K in gas driller's stock wins methane vote

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A church with a minuscule stake in Range Resources has won shareholder approval of a resolution to force Pennsylvania's largest natural gas driller to produce a report on its effort to scale back methane emissions. More>>

Trump plays down prospect of successful US-China trade talks

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President Donald Trump is expected to meet with a top Chinese official who is in Washington for trade talks with U.S. officials. More>>

EU to Trump: Stop threatening us with tariffs

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The European Union is calling for an end to U.S. President Donald Trump's threats to slap tariffs on EU steel exports as a new deadline looms for the duties to enter force. More>>

Wynn completes $68 million pollution cleanup at casino site

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Wynn Resorts has completed the costly cleanup of the former chemical plant site where it's building a $2.5 billion Boston-area casino. More>>

In Denmark, Airbnb to report hosts' rent to tax authorities

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Denmark says online room-rental platform Airbnb will start to automatically report its users' deals to taxation authorities, the first country to do so. More>>

Cambridge Analytica suspended head to appear at UK committee

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British lawmakers investigating the use of Facebook users' information in political campaigns say the suspended head of the political consultancy Cambridge Analytica has accepted a summons to appear before committee a second time. More>>

US average mortgage rates at 7-year highs; 30-year 4.61 pct.

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Long-term U.S. mortgage rates jumped this week, marking their highest levels in seven years in the peak home buying season. Mortgage buyer Freddie Mac says the average rate on 30-year, fixed-rate mortgages was 4.61 percent, up from 4.55 percent last week. More>>

Grave crisis drives apathy in Venezuelan election

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Despite pleas from the candidates ahead of Venezuela's presidential election, apathy could play a large role among voters opting to stay home as Venezuelans endure the worst political and economic crisis in their country's history. More>>

China vows to defend its own interests in US trade talks

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China vows to fight for its own interests in trade talks with US. More>>

Trump's bid to help Chinese firm draws fire but raises hopes

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Trump's surprise offer to help Chinese company ZTE draws fire but raises hopes in trade talks. More>>

18 acquitted in massive Brussels Airport 2013 diamond heist

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A court acquitted for lack of evidence 18 suspects accused of involvement in a massive 2013 diamond heist at Brussels airport when tens of millions worth of gems were stolen from the hold of a departing Swiss-bound place. More>>

Shorter drug treatment OK for many breast cancer patients

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New research suggests that many women with a common and aggressive form of breast cancer that is treated with Herceptin can get by with six months of the drug instead of the usual 12. More>>

Senate turns back attempt by Paul to force budget debate

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The Senate has rejected an attempt by Sen. Rand Paul to force a debate on sweeping budget cuts and federal deficits that are growing despite a strong economy. More>>

Credit card payments evolve beyond the mobile wallet

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Devices beyond the mobile wallet - accessories, appliances, vehicles - will offer checkout options as households become more connected. More>>

Greenpeace: Paper giant cut forests during conservation pact

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Greenpeace has ended a five-year truce with one of the world's largest pulp and paper companies, accusing it of cutting down tropical forests in Indonesia during the entire time the two were cooperating on conservation. More>>

FDA approves 1st nonopioid drug to ease withdrawal symptoms

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FDA approves 1st nonopioid treatment to ease withdrawal symptoms. More>>

Homeowners scramble as Hawaii volcano spews ash, lava Video included

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Destructive lava prompts worried Hawaii homeowners to ask: Am I covered for volcanos?. More>>

Iran deal: Merkel cautious on compensation after US pullout

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German Chancellor Angela Merkel is signaling it won't be feasible to offer wide-ranging compensation to companies affected by U.S. sanctions over Iran's nuclear program. More>>

Iran signs oil deal with UK group as France's Total exits

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Iran's state TV is reporting that Tehran has signed an agreement with a British consortium to develop an oil field in the country's south. More>>

Spain, China stand together against US tariff threats

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The foreign ministers of Spain and China say they want free trade and will fight protectionism amid disputes with the United States over possible tariffs on international business. More>>

Vermont positioned for cheaper Canadian prescription drugs

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Vermont has become the first state to create a program to import more affordable prescription drugs from Canada, but it's not clear whether it will happen because it needs federal approval and the White House has not endorsed it. More>>

European stocks higher as Brent crude breaches $80 a barrel

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Asian stocks mostly lower as investors digest US, Japan data. More>>

Trump says 'no folding' in trade negotiations with China

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President Donald Trump says there has been "no folding" in his trade negotiations with China, as he addresses his efforts to help a Chinese telecommunications company that violated U.S. sanctions. More>>

Ireland warns Brexit talks could collapse over border issue

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Irish Prime Minister Leo Varadkar is warning Britain to say how it plans to keep open his country's border with Northern Ireland or face the possible collapse of a Brexit deal. More>>

AP Interview: Anwar wants Malaysia to scrap race policies

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Pardoned Malaysian politician Anwar Ibrahim says decades-old affirmative action policies for the country's Malay majority must be discarded in favor of a new program to help the poor regardless of race. More>>

In veiled shot at Trump, Tillerson warns democracy at risk

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In veiled shot at Trump, Tillerson warns American freedom, democracy at risk. More>>

New Zealand to spend billions on fixing hospitals, schools

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New Zealand's government plans to spend billions of dollars rebuilding rotting hospitals and improving other infrastructure as the economy continues to grow at a healthy clip. More>>

Bosnia says it will stop illegal migration amid increase

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Bosnia says it wants to stop illegal entry of migrants as the Balkan country struggles to cope with the influx of people trying to reach Western Europe. More>>

Turkey slams US sentencing of Turkish banker on Iran scheme

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Turkey's foreign ministry has slammed the sentencing of a Turkish banker in the United States over his role in helping Iran evade U.S. economic sanctions. More>>

6 US states accuse opioid maker Purdue of fueling overdoses

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Six U.S. states are accusing the maker of the opioid OxyContin of using deceptive marketing to boost drug sales that fueled opioid overdose deaths. More>>

Trump to sign order to reform US infrastructure technology

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President Donald Trump is signing an executive order to try to reform the federal government's confounding information technology structure. More>>

Trump Indonesia project gets Chinese government partner

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A Chinese government-owned company has signed on to build a theme park in Indonesia that also features a Trump hotel and condos. More>>

Macy's sees robust mobile, online sales as profits soar

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Macy's surpasses all profit and revenue expectations for the first quarter of the year. More>>

Vatican denounces offshore tax havens as harming the poor

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The Vatican is denouncing offshore tax havens and financial instruments such as derivatives as gravely immoral and unjust, calling them "ticking time bombs" that will only hurt the world's poor the most. More>>

Seattle OKs taxing companies like Amazon to aid the homeless

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Seattle's largest businesses such as Amazon and Starbucks will have to pay a new tax to help fund homeless services and affordable housing under a measure approved by city leaders. More>>

Judge wants to ensure 'Wolf of Wall Street' is paying back

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A federal judge in New York City says she wants to make sure real-life 'Wolf of Wall Street' Jordan Belfort continues to pay back the nearly $100 million he owes in restitution. More>>

Wynn Resorts points to changes after founder's resignation

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The chairwoman of the internal committee of Wynn Resorts looking into the sexual misconduct allegations leveled against the casino operator's founder says more than 100 people have been interviewed in the investigation. More>>

Asian stocks mixed as investors digest US, Japan data

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U.S. stock indexes are edging higher in early trading, and Macy's is leading a retail sector rally. More>>

Suit: Homeless man jailed after trying to eat at Burger King

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A homeless Boston man who was wrongfully accused of trying to use counterfeit cash at Burger King and spent three months in jail is suing the fast food giant. More>>

Poland ready to end extensive logging in pristine old forest

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Poland's environment authorities say that a decision has been taken to officially stop the extensive logging in one of Europe's oldest forests that has been declared illegal by a top European Union court. More>>

Brexit in space: EU, Britain fight over Galileo navigation

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Former British Foreign Secretary David Miliband has joined with politicians from rival parties to call for Britain to retain the closest possible ties with the European Union after Brexit. More>>

Turkish banker gets 32-month sentence in Iran sanctions case

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Defense lawyers say a Turkish banker convicted of helping Iran evade U.S. sanctions deserves leniency, but prosecutors want him locked up for at least 15 years. More>>

Judge mulls CBS restraining order against major shareholder

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CBS and the company that controls it, National Amusements, are duking it out in court as CBS tries to gain its independence. More>>

The Latest: Pence reports pension plan, football tickets

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President Donald Trump has filed a financial disclosure report that reveals a payment to his personal attorney, Michael Cohen. More>>

Trump reversal of mining pollution rule challenged in court

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Environmental groups are challenging the Trump administration's rejection of an Obama-era rule that would have required companies to prove they have the financial wherewithal to clean up mining pollution. More>>

The Latest: Senate backs effort to restore 'net neutrality'

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The Senate has voted to kill a Federal Communications Commission rule that repealed the Obama administration's ban on internet providers blocking or slowing down certain content. More>>

Swiss police investigate fatal crash, fire involving Tesla

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Police in southern Switzerland are investigating the death of a German man after a Tesla that he was driving crashed into a guardrail and burst into flames. More>>

Wedding of prince and actress brings outsized media interest

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More than 5,000 members of the media have credentials to cover the wedding of Prince Harry and American actress Meghan Markle on Saturday. More>>

EU chief lashes out at Trump amid new push to save Iran deal

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European Union Council President Donald Tusk is deriding the actions of the United States under President Donald Trump as "capricious," noting: "Someone could even think 'with friends like that, who needs enemies?'". More>>

Trump meets with Uzbekistan president to talk Afghanistan

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President Donald Trump is welcome the president of Uzbekistan to the White House Wednesday to discuss strengthening economic ties and cooperation in Afghanistan. More>>

Novartis general counsel resigns over deal with Trump lawyer

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Novartis says its top lawyer is retiring over the Swiss pharmaceuticals company's relationship with a firm owned by U.S. President Donald Trump's personal lawyer, Michael Cohen. More>>

The Latest: Trump, Uzbekistan president talk Afghanistan

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President Donald Trump meets with Uzbekistan's president at the White House, says the U.S. is working closely with the Asian country on trade and military cooperation. More>>

Italy's populists brush off EU concerns about possible gov't

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Italy's two populist leaders are brushing off fears in Brussels and the markets over the outlines of their possible government, and are insisting they are close to a deal designed to help ordinary Italians. More>>

Japan draft plan sets ambitious targets for nuclear energy

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Japan draft plan sets ambitious targets for nuclear energy despite challenges after Fukushima disaster. More>>

Amazon to give Prime members extra discounts at Whole Foods

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Amazon says it will start rolling out special discounts at Whole Foods for its Prime members. More>>

EU official insists nuclear deal with Iran must prevail

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European Commission President Jean-Claude Juncker says that all efforts must be made to keep the Iran nuclear agreement alive despite the U.S. pullout because "to end the deal would gravely threaten the peace and security in this tumultuous region.". More>>

SpaceX's upgraded rocket soars with satellite for Bangladesh

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SpaceX launches a satellite for Bangladesh using an upgraded rocket designed for dozens of repeat flights. More>>

Traffic opens on bridge linking southern Russia with Crimea

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A long-anticipated bridge linking Russia's Taman Peninsula with Crimea has opened for regular traffic. More>>

US home building slides 3.7 percent in April

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US home building slides 3.7 percent in April on drop in apartment construction. More>>

Who will referee billion-dollar sports betting industry?

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Now that the U.S. Supreme Court has cleared the way for states to legalize sports betting, the race is on to see who will referee the multibillion-dollar business of gambling on pro and college sports. More>>

US factory production rose a healthy 0.5 percent in April

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US factory production rose a healthy 0.5 percent in April on strong output of machinery, appliances. More>>

LA Times suspends Beijing chief amid sexual misconduct probe

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The Los Angeles Times has suspended the head of its Beijing bureau after he was accused of sexual misconduct for a second time. More>>

Trump's prescription to reduce drug prices takes small steps Video included

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Trump says long-awaited plan for reducing drug prices is most sweeping in history, but it takes small steps. More>>

Race is on to set up Europe's electric car charging network

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Some of Europe's biggest automakers are out to remove the anxiety from the electric car consumer experience by building a highway network of fast charging stations. More>>

Walmart unveils Lord & Taylor site as it tries to go upscale

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Walmart unveils Lord & Taylor store on its online site, part of a broader move to appeal to higher-income shoppers. More>>

Global stocks subdued amid North Korea summit uncertainty

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World shares mixed with European markets higher; NKorea moves, weak Japan GDP data pull Asian shares lower. More>>

Japan's economy contracts in Jan-March, as spending lags

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Japan's economy shrank at an annualized rate of 0.6 percent in the quarter through March, as private investment and public spending declined, according to preliminary government estimates. More>>

UK central banker apologizes for 'menopausal' remark

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One of Britain's top central bankers has apologized for using sexist language when saying the British economy is entering a "menopausal" moment. More>>

AP sources: Tepper to buy Panthers for record $2.2 billion

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People familiar with the situation tell The Associated Press hedge fund manager David Tepper has agreed to buy the Carolina Panthers from team founder Jerry Richardson for a record $2.2 billion. More>>

US firms seek tariff relief as US and China try to mend rift

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US companies seek relief from tariffs and U.S., Chinese negotiators meet to find end to trade dispute. More>>

US retail sales up solid 0.3 pct. in April in hopeful sign

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US retail sales rose a solid 0.3 pct. in April, a sign confident consumers are spending more. More>>

NKorea moves, weak Japan GDP data pull Asian shares lower

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U.S. stocks are moving broadly lower in early trading, led by declines in technology, health care and consumer-focused companies. More>>

China, Airbus investigating blown-out windshield on plane

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China, Airbus investigating why a windshield detached during a flight. More>>

Europe, Iran say push to save nuclear deal off to good start

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Iranian Foreign Minister Mohammad Javad Zarif has met with European Union foreign policy chief Federica Mogherini as the Europeans seek to keep the Iran nuclear agreement alive. More>>

Uber shifts policy for alleged sexual misconduct on service

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Uber's ride-hailing service changes US rules governing riders, drivers seeking to pursue claims of sexual misconduct. More>>

With big season endings, 'NCIS' and 'Bang' soar in ratings

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CBS gets big ratings for their two most popular shows, 'The Big Bang Theory' and 'NCIS,' with major plot points on their season finales. More>>

US intensifies pressure on Iran, sanctioning central banker

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The Trump administration is designating the head of Iran's central bank as a terrorist and hitting him with sanctions intended to further isolate Iran from the global financial system. More>>

US judge scraps Oakland, California, ban on coal shipments

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A federal judge in California has struck down the city of Oakland's ban on coal shipments through its port. More>>

Trump submits financial disclosure; release expected soon

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President Donald Trump has submitted his annual financial disclosure to the U.S. Office of Government Ethics and it is expected to be released publicly in the coming days. More>>

Wynn Resorts female directors address policies after scandal

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The four female directors of casino operator Wynn Resorts said at a forum Monday they are committed to helping the company move onto a new chapter following the sexual misconduct scandal that engulfed its founder earlier this year. More>>

Lay your money down: Court says states can OK sports betting

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The Supreme Court has struck down a federal law that bars gambling on football, basketball, baseball and other sports in most states, giving states the go-ahead to legalize betting on sports. More>>

Trump pick for vice chair pledges support for key Fed goals

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Trump Fed nominee pledges support for the Fed's twin goals of stable prices and maximum employment. More>>

Audit: EPA could do more to catch VW-type emissions fraud

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Auditors say federal regulators have stepped up the kind of testing that could have caught years of emissions-rigging by Volkswagen. More>>

North Carolina beer distribution law: Brewers' suit bubbling

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Lawsuit bubbles up against North Carolina law requiring beer brewers to hand over substantial control of their product to outside distributors. More>>

Lawsuit contends energy lease sales will affect environment

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Environmental groups and Montana landowners are suing to cancel the U.S. government's sale of 287 oil and gas leases on federal land in the state. More>>

Senate Democrats urge Trump to rethink helping China's ZTE

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Senate Democrats are urging President Donald Trump to reconsider his plans for helping Chinese telecommunications company ZTE get back into business saying "America's national security must not be used as a bargaining chip in trade negotiations.". More>>

Kellogg latest US brand to ditch crisis-wracked Venezuela

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The Kellogg Company says it's closing operations in Venezuela at a time of widespread hunger in the crisis-wracked South American nation. More>>

Texas city of Arlington says it's out of bid for Amazon HQ2

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The Texas city of Arlington says it's "no longer moving forward" in the competition to become Amazon's second headquarters. More>>

Clarification: Tesla Crash-Utah story

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The driver of a Tesla electric car had the vehicle's semi-autonomous Autopilot mode engaged when she slammed into the back of a Utah fire department vehicle this weekend, in the latest crash involving a car with self-driving features. More>>

Trade body: EU still providing illegal subsidies to Airbus

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The World Trade Organization's appellate body has ruled that the European Union is continuing to provide illegal subsidies to plane-maker Airbus. More>>

Cold spring hurts Home Depot's 1Q same-store sales growth

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Home Depot is reporting strong first-quarter profits, though sales at comparable stores was weaker than most had expected, as was revenue. More>>

European spy chiefs warn of hybrid threats from Russia, IS

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European intelligence chiefs warned Monday that Russia is actively seeking to undermine their democracies by disinformation, cyberattacks and more traditional means of espionage. More>>

Gap apologizes for China map T-shirt that didn't show Taiwan

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US clothing retailer Gap apologizes for selling T-shirts with "erroneous" map of China. More>>

Trump defends decision to revisit action on Chinese company

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Trump says he will help a Chinese telecommunications company get 'back into business,' saying too many jobs in China are at stake after the U.S. government cut off access to its American suppliers. More>>

Scottish lawmakers reject Brexit bill in headache for May

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Scotland's parliament has rejected the British government's key Brexit bill, creating another headache for Prime Minister Theresa May's plans for leaving the European Union. More>>

Casinos: Las Vegas won't hurt from sports betting decision

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Casino operators in Las Vegas do not expect the U.S. Supreme Court's decision breaking a longtime ban on sports betting to hurt their business in Sin City. More>>

Putin opens bridge linking southern Russia with Crimea

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President Vladimir Putin has taken the wheel of a truck to officially open the much-anticipated bridge linking Russia's south and the Crimean peninsula that Russia annexed from Ukraine in 2014. More>>

Security researchers outwit, bypass popular email encryption

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Germany's cybersecurity agency says German and Belgian researchers have found a way to outwit two widely used forms of email encryption. More>>

Seattle backs tax on companies like Amazon to help homeless

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A divided Seattle City Council is expected to vote Monday on a proposal to tax large businesses to fight homelessness. More>>

Builder optimisms bounces in May after 4 month slide

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U.S. homebuilders are feeling more confident about their sales prospects, reflecting strong demand for newly built homes at a time when listings for existing properties are sharply lower in many markets. More>>

Air France-KLM appoints temporary CEO amid labor standoff

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Air France-KLM has appointed finance chief Frederic Gagey as interim CEO, after former CEO Jean-Marc Janaillac resigned this month amid worker strikes over pay. More>>

AT&T chief lobbyist out after hiring of Trump attorney Cohen

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The chief lobbyist for AT&T is leaving the company after hiring of President Donald Trump's attorney Michael Cohen as a political consultant. More>>

Global stock markets mixed amid trade uncertainty

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Asian shares are mostly lower in muted trading amid continuing uncertainty over trade tensions between China and the U.S. More>>

German economic growth slows in first quarter

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Official data show that the German economy grew by 0.3 percent in the first quarter over the previous first-month period, a slower pace than in preceding quarters. More>>

Egypt says unemployment falls to 10.6 percent

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Egypt's statistics agency says unemployment has fallen in the first quarter of 2018 to 10.6 percent compared to 11.3 percent in the three months prior. More>>

  • National SportsMore>>

  • Small clubs cross fingers for World Cup windfalls

    Small clubs cross fingers for World Cup windfalls

    Sunday, May 20 2018 2:01 AM EDT2018-05-20 06:01:15 GMT
    Sunday, May 20 2018 9:32 AM EDT2018-05-20 13:32:31 GMT
    (AP Photo/Christophe Ena, File). In this Friday, May 23, 2014 file photo, France's soccer player Paul Pogba signs an autograph before a training session at the Clairefontaine training center, outside Paris. Not all the money that will change hands afte...(AP Photo/Christophe Ena, File). In this Friday, May 23, 2014 file photo, France's soccer player Paul Pogba signs an autograph before a training session at the Clairefontaine training center, outside Paris. Not all the money that will change hands afte...
    Not all of the money that will change hands after the World Cup, when clubs trade players who distinguish themselves on football's biggest stage, will line the pockets of selling clubs, agents and the players...
    Not all of the money that will change hands after the World Cup, when clubs trade players who distinguish themselves on football's biggest stage, will line the pockets of selling clubs, agents and the players themselves.
  • On time, on target: LeBron, Cavs pound Celtics in Game 3

    On time, on target: LeBron, Cavs pound Celtics in Game 3

    Saturday, May 19 2018 11:12 PM EDT2018-05-20 03:12:04 GMT
    Sunday, May 20 2018 9:32 AM EDT2018-05-20 13:32:27 GMT
    (AP Photo/Tony Dejak). Cleveland Cavaliers' LeBron James (23) shoots against the Boston Celtics in the first half of Game 3 of the NBA basketball Eastern Conference finals, Saturday, May 19, 2018, in Cleveland.(AP Photo/Tony Dejak). Cleveland Cavaliers' LeBron James (23) shoots against the Boston Celtics in the first half of Game 3 of the NBA basketball Eastern Conference finals, Saturday, May 19, 2018, in Cleveland.
    LeBron, Cavs dominate Celtics 116-86 in Game of Eastern Conference finals.
    LeBron, Cavs dominate Celtics 116-86 in Game of Eastern Conference finals.
  • Justify wins foggy Preakness, keeps Triple Crown bid alive

    Justify wins foggy Preakness, keeps Triple Crown bid alive

    Saturday, May 19 2018 4:10 AM EDT2018-05-19 08:10:38 GMT
    Sunday, May 20 2018 9:32 AM EDT2018-05-20 13:32:23 GMT
    (AP Photo/Patrick Semansky). Kentucky Derby winner Justify is washed outside a barn, Friday, May 18, 2018, at Pimlico Race Course in Baltimore. The Preakness Stakes horse race is schedule for Saturday.(AP Photo/Patrick Semansky). Kentucky Derby winner Justify is washed outside a barn, Friday, May 18, 2018, at Pimlico Race Course in Baltimore. The Preakness Stakes horse race is schedule for Saturday.

    Baffert chasing history, Justify pursues Triple Crown in potentially soggy Preakness.

    Baffert chasing history, Justify pursues Triple Crown in potentially soggy Preakness.

  • Strange NewsMore>>

  • Laurel, Yanny or ... covfefe? White House joins in on debate

    Laurel, Yanny or ... covfefe? White House joins in on debate

    Thursday, May 17 2018 8:40 PM EDT2018-05-18 00:40:07 GMT
    Friday, May 18 2018 12:50 PM EDT2018-05-18 16:50:59 GMT
    (AP Photo/Evan Vucci, File). FILE- In this May 16, 2018, file photo, President Donald Trump listens to a question during a meeting with Uzbek President Shavkat Mirziyoyev in the Oval Office of the White House in Washington. Trump’s team is running out ...(AP Photo/Evan Vucci, File). FILE- In this May 16, 2018, file photo, President Donald Trump listens to a question during a meeting with Uzbek President Shavkat Mirziyoyev in the Oval Office of the White House in Washington. Trump’s team is running out ...
    The White House is getting in on the viral debate over whether people hear the names "Laurel" or "Yanny" in a much-shared audio clip.
    The White House is getting in on the viral debate over whether people hear the names "Laurel" or "Yanny" in a much-shared audio clip.
  • Ammo box falls from military chopper, crashes into school

    Ammo box falls from military chopper, crashes into school

    Friday, May 18 2018 6:50 AM EDT2018-05-18 10:50:20 GMT
    Friday, May 18 2018 8:35 AM EDT2018-05-18 12:35:13 GMT

    Authorities are trying to determine how a box of ammunition fell from a military helicopter and crashed through the roof of a school in Texas.

    Authorities are trying to determine how a box of ammunition fell from a military helicopter and crashed through the roof of a school in Texas.

  • 6 young squirrels rescued from ordeal of tangled tails

    6 young squirrels rescued from ordeal of tangled tails

    Thursday, May 17 2018 12:51 PM EDT2018-05-17 16:51:48 GMT
    Friday, May 18 2018 8:15 AM EDT2018-05-18 12:15:03 GMT
    Six young squirrels whose tails were stuck together by tree sap are recovering after a Nebraska wildlife expert untangled them.
    Six young squirrels whose tails were stuck together by tree sap are recovering after a Nebraska wildlife expert untangled them.
  • NationalMore>>

  • Texas school gunman: 'I'm going to kill you.' Then he fired

    Texas school gunman: 'I'm going to kill you.' Then he fired

    Saturday, May 19 2018 11:51 PM EDT2018-05-20 03:51:30 GMT
    Sunday, May 20 2018 10:02 AM EDT2018-05-20 14:02:38 GMT
    (Jennifer Reynolds/The Galveston County Daily News via AP). April Salinas, second from right, her daughters Meah, 13, and Macee, 6, and Jeramiah Kelley read notes left at memorial behind Texas First Bank, Saturday, May 19, 2018 in Santa Fe, Texas. A gu...(Jennifer Reynolds/The Galveston County Daily News via AP). April Salinas, second from right, her daughters Meah, 13, and Macee, 6, and Jeramiah Kelley read notes left at memorial behind Texas First Bank, Saturday, May 19, 2018 in Santa Fe, Texas. A gu...

    The mother of one slain student said her daughter may have been targeted because she rejected advances from the suspect, who was an ex-boyfriend of her daughter's best friend.

    The mother of one slain student said her daughter may have been targeted because she rejected advances from the suspect, who was an ex-boyfriend of her daughter's best friend.

  • Family, friends recall shooting victims' optimism, humor

    Family, friends recall shooting victims' optimism, humor

    Sunday, May 20 2018 12:05 AM EDT2018-05-20 04:05:04 GMT
    Sunday, May 20 2018 10:02 AM EDT2018-05-20 14:02:05 GMT
    (AP Photo/Fareed Khan). Abdul Aziz Sheikh, center, father of Sabika Sheikh, a victim of a shooting at a Texas high school, shows a picture of his daughter in Karachi, Pakistan, Saturday, May 19, 2018. The Pakistani foreign exchange student is among tho...(AP Photo/Fareed Khan). Abdul Aziz Sheikh, center, father of Sabika Sheikh, a victim of a shooting at a Texas high school, shows a picture of his daughter in Karachi, Pakistan, Saturday, May 19, 2018. The Pakistani foreign exchange student is among tho...
    Among the 10 people killed in the mass shooting at a Texas high school were a Pakistani exchange student, a substitute teacher with a "lust for life" and a boy whose sense of humor made him impossible to not like.
    Among the 10 people killed in the mass shooting at a Texas high school were a Pakistani exchange student, a substitute teacher with a "lust for life" and a boy whose sense of humor made him impossible to not like.
  • Police search for motive in Texas school shooting

    Police search for motive in Texas school shooting

    Sunday, May 20 2018 12:06 AM EDT2018-05-20 04:06:13 GMT
    Sunday, May 20 2018 8:54 AM EDT2018-05-20 12:54:59 GMT
    (Galveston County Sheriff's Office via AP). This photo provided by the Galveston County Sheriff's Office shows Dimitrios Pagourtzis, who law enforcement officials took into custody Friday, May 18, 2018, and identified as the suspect in the deadly schoo...(Galveston County Sheriff's Office via AP). This photo provided by the Galveston County Sheriff's Office shows Dimitrios Pagourtzis, who law enforcement officials took into custody Friday, May 18, 2018, and identified as the suspect in the deadly schoo...

    A junior at Santa Fe High hid a shotgun and a handgun under his trenchcoat before opening fire in a first-period art class on Friday, according to an affidavit filed by police.

    A junior at Santa Fe High hid a shotgun and a handgun under his trenchcoat before opening fire in a first-period art class on Friday, according to an affidavit filed by police.

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