Business & economy news

Russia's ex-US envoy: Trump wants better ties with Russia

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Russia's former ambassador to the United States who was thrust in the middle of the Russian meddling scandal says "toxic" political infighting is preventing U.S. President Donald Trump from improving relations with Russia. More>>

Amid confusion, EU data privacy law goes into effect

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Ready or not, companies that collect or process the personal information of EU residents must now start complying with stringent new EU data rules. More>>

Harvey Weinstein turns himself in to face sex crime charges

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Harvey Weinstein is expected to turn himself in to police in New York City early Friday following a seven-month investigation into sexual assault allegations. More>>

Daniel Craig to return as 007 in 2019, Danny Boyle at helm

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At Sony no more, Bond 25 finds distribution from Universal, MGM. More>>

The Latest: Weinstein arrested on rape and other charges

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Harvey Weinstein has arrived at a police station in New York where he is expected to surrender himself to face criminal charges in a sexual assault probe. More>>

US durable goods orders fell 1.7 percent in April

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US durable goods down 1.7 percent in April on falling demand for aircraft. More>>

The Latest: Complaints vs Google, Facebook under new EU law

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The Los Angeles is freezing readers in parts of Europe out of its website as new privacy rules come into force across the European Union. More>>

Trump signs bill easing post-2008 crisis restraints on banks

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President Donald Trump has signed into law a measure loosening key restraints for banks that stemmed from the 2008 financial crisis and Great Recession. More>>

World stocks mixed as NKorea's restraint eases concerns

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Asian stock indexes mostly lower as US-North Korean summit adds geopolitical uncertainty. More>>

Jury recommends $25M in Johnson & Johnson lawsuit

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A Southern California jury has ordered Johnson & Johnson to pay more than $25 million to a woman who claimed in a lawsuit that she developed cancer by using the company's talc-based baby powder. More>>

Amazon: Echo device sent conversation to family's contact

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Amazon says an "unlikely" string of events prompted its Echo personal assistant device to record a Portland, Oregon, family's private conversation and then send the recording to an acquaintance in Seattle. More>>

Trump administration defends Keystone XL pipeline in court

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Attorneys for the Trump administration are due in a Montana courtroom Thursday to defend the approval of TransCanada's disputed Keystone XL oil sands pipeline project. More>>

China says US commerce secretary due June 2 for talks

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China says US commerce secretary due in Beijing for talks on settling trade dispute. More>>

APNewsBreak: Tesla in Autopilot sped up before Utah crash

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A new police report says a Tesla that crashed in Utah while in Autopilot mode accelerated just before it smashed into a stopped fire truck. More>>

Iran seeks assurances on nuclear deal after US pullout

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The Iranian government wants assurances that economic incentives that were part of a landmark deal to stop the country developing nuclear weapons will be protected, despite the U.S. withdrawal and threat of sanctions against companies who trade with Iran. More>>

Thai police probe suspected illegal e-waste recycling

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Police have raided factories near Bangkok that allegedly are processing illegally imported electronic waste, in a sign that China's crackdown on the waste recycling industry is pushing such operations offshore. More>>

Amid mounting Brexit concerns, UK economy is barely growing

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Official figures have confirmed that the British economy barely grew in the first three months of the year, partly but not wholly because of the impact of a long protracted winter. More>>

Many cancer patients juggle care along with financial pain

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Many cancer patients juggle care along with financial pain. More>>

E-cigarettes disappoint in a workplace quit-smoking study

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In a large study of company wellness programs, free electronic cigarettes did not help smokers quit more than usual methods such as nicotine patches did. More>>

Uber ends self-driving program in Arizona after fatal crash

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Uber is ending its operation of self-driving cars in Arizona more than two months after a woman was struck and killed by one of its vehicles. More>>

Facebook won't pay compensation for Cambridge Analytica case

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Facebook says it will not compensate users in the scandal over the misuse of their personal data by political consultancy Cambridge Analytica. More>>

Feds: Uber self-driving SUV saw pedestrian, did not brake

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Federal investigators say the autonomous Uber SUV that struck and killed an Arizona pedestrian in March spotted the woman about six seconds before hitting her but didn't stop automatically because emergency braking was disabled. More>>

Jury says Samsung must pay $539M for copying parts of iPhone

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A jury has decided Samsung must pay Apple $539 million in damages for illegally copying some of the iPhone's features to lure people into buying its competing products. More>>

German data suggest eurozone economy still on upward path

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A closely watched index of German business sentiment was unchanged in May after five straight monthly drops, offering a hopeful sign that Europe's economy recovery is still in business. More>>

Science and commercial satellites launched from California

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A SpaceX Falcon 9 rocket carrying two U.S.-German science satellites and five commercial communications satellites has blasted off from the central California coast. More>>

APNewsBreak: Tesla in Autopilot sped up before Utah crash

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A new police report says a Tesla that crashed in Utah while in Autopilot mode accelerated just before it smashed into a stopped fire truck. More>>

Asian shares lower as NKorea cancellation adds uncertainty

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US stocks are falling after President Donald Trump said he'd canceled a summit with North Korean leader Kim Jong Un scheduled for June. More>>

The Latest: Auto workers head cautious about tariff proposal

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The head of the Association of German Chambers of Commerce and Industry says the U.S. intention to raise auto tariffs are "another nasty blow to our economic relations" with the United States. More>>

Officials: Weinstein to surrender in sexual misconduct probe

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Law enforcement officials say Harvey Weinstein is expected to surrender to authorities Friday morning to face criminal charges in a months-long investigation into allegations that he sexually assaulted women. More>>

Study: Some public pensions funds could run dry in downturn

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A new study finds that some public pension funds are in such bad shape that they might be totally depleted during an economic downturn. More>>

China's Tencent: Tech world must tackle privacy concerns

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China's biggest tech company says the industry needs to tackle users' privacy concerns head-on, amid growing anger about abuse of personal data. More>>

Trump administration explores tariffs on autos, auto parts

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As trade talks with Mexico and Canada stall, Trump administration explores whether tariffs are needed on auto imports. More>>

Macron wants to make France gateway to Europe for tech firms

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French President Emmanuel Macron says his innovation policies aim to make France the gateway to Europe for tech companies. More>>

Congress OKs Trump bid to widen private care at besieged VA

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The Senate is expected to give final approval to legislation giving veterans more freedom to see doctors outside the Veterans Affairs health system. More>>

The Latest: Trump administration defends Keystone pipeline

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Attorneys for the Trump administration have asked a judge to uphold approval of the disputed Keystone XL oil sands pipeline. More>>

Gap profit misses forecasts on sales slump at namesake brand

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Gap 1Q profit misses Street estimates. More>>

NBA defends quest for 'integrity fee' payment in sports bets

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The NBA is defending its quest to receive part of the money that states or gambling companies take in as part of legal sports betting. More>>

Europe looks for deeds, not words, from Italy's populists

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Europe looks for deeds, not words, from Italy's new populists as premier-designate gets to work. More>>

CEO, board members quit Russian metals giant amid sanctions

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Russia's aluminum maker Rusal says its CEO and seven board members have quit, a move that comes as the company is struggling to survive under the impact of U.S. sanctions. More>>

Protests worldwide against US idea of auto import tariffs

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China says it will "firmly defend" its rights and interests against what it calls the Trump administration's abuse of national security provisions in trade. More>>

Comcast v. Disney: a fight for Twenty-First Century Fox

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Comcast says it's considering making an offer to buy Twenty-First Century Fox, which would put it head-to-head with Disney for the business. More>>

Analysis says Trump budget won't curb deficits as promised

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The nonpartisan Congressional Budget Office says that President Donald Trump's budget plan wouldn't curb the spiraling budget deficit like it claims. More>>

US clings to health coverage gains despite political drama

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US clings to health coverage gains despite Trump's attempts to repeal 'Obamacare'. More>>

Wyoming courts tech behind cryptocurrency to entice business

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Companies flock to register in Wyoming after bold push for hyped new technology but results remain virtual. More>>

IAEA: Iran complying with nuclear deal, but could improve

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The United Nations nuclear watchdog says Iran appears to be complying with a 2015 deal with major powers that was meant to stop it from developing nuclear weapons in exchange for the lifting of economic sanctions. More>>

Twitter to add special labels to political candidates in US

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Twitter says it's adding special labels to tweets from some U.S. political candidates ahead of this year's midterm elections. More>>

Amazon urged not to sell facial recognition tool to police

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The American Civil Liberties Union and other groups are asking Amazon to stop marketing a facial recognition tool to police. More>>

Las Vegas strike would have far-reaching effect

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Tens of thousands of casino employees could walk off the job for the first time in more than three decades after union members voted to authorize a strike at any time starting June 1. More>>

US average mortgage rates at 7-year highs; 30-year 4.66 pct.

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Long-term U.S. mortgage rates rose this week, continuing at their highest levels in seven years. Mortgage buyer Freddie Mac says the average rate on 30-year, fixed-rate mortgages was 4.66 percent, up from 4.61 percent last week. More>>

UK lawmakers slam 'unsatisfactory' progress in Brexit talks

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Lawmakers scrutinizing Britain's European Union exit say progress in trade talks with the bloc is "highly unsatisfactory," and the U.K. may have no choice but to stay in the EU customs union for years after Brexit. More>>

Deutsche Bank to slash thousands of jobs to control costs

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Germany's struggling Deutsche Bank says it's slashing thousands of jobs as it reshapes its stocks trading business and tries to limit costs. More>>

McDonald's not ready to let go of plastic straws

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McDonald's isn't ready to stop offering plastic straws at its more than 37,000 locations globally. More>>

AP Interview: John Henry on reviving Liverpool

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John Henry is preparing for his first Champions League final as Liverpool owner. More>>

Best Buy posts strong sales, but investors sour on outlook

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Best Buy is thriving, but Wall Street wanted more from its outlook. More>>

Las Vegas strike would have far-reaching effect

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Two casino companies facing the threat of a strike from housekeepers, bartenders, servers and other key employees saw their shares slide. More>>

US home sales fell 2.5 percent in April

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US sales of existing homes tumbled 2.5 percent in April; inventory shortage and higher costs weigh on market. More>>

France's Macron takes on Facebook's Zuckerberg in tech push

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French President Emmanuel Macron is courting Facebook CEO Mark Zuckerberg and some 50 other tech bosses at a conference. More>>

Global stocks subdued as US mulls auto import tariffs

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Asian shares mixed after Trump administration launches probe into raising tariffs on imports of autos, auto parts. More>>

China's Li says German companies welcome amid US trade spat

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China's premier says his country welcomes German companies during a visit by Chancellor Angela Merkel that gives Beijing an opportunity to try to recruit an ally in its trade feud with U.S. President Donald Trump. More>>

FBI overstated encryption problem with cell phones

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FBI officials say a programming error led them to vastly overstate the number of cell phones that investigators could not access because of encryption. More>>

APNewsbreak: Pentagon adopts new cellphone restrictions

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APNewsBreak: The Defense Department has approved new restrictions for the use of mobile phones and some other electronic devices in the Pentagon where classified information is present or discussed. More>>

Lawyer who helped prosecute Cosby joining Philadelphia firm

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A lawyer who was part of the team that prosecuted Bill Cosby is taking a job with a Philadelphia-based law firm. More>>

EU imposes sales conditions on Russia's Gazprom

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The European Union is imposing a series of obligations on Russian energy giant Gazprom to improve the flow of gas at competitive prices in eastern Europe. More>>

CBS renews NAI fight, seeks court approval of dilution vote

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CBS Corp. is asking a judge's blessing of a board move aimed at diluting the stock voting power of its controlling shareholder, the latest step in an ongoing legal battle. More>>

Judge: President can't block critics on Twitter

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A federal judge in New York says President Donald Trump cannot block his critics on Twitter without violating the First Amendment. More>>

UK retail sales bounce back strongly from snow impact

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Official figures show that retail sales bounced back strongly in April after a weather hit the previous month. More>>

FBI seeks to thwart major cyberattack on Ukraine

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Cisco says that a hundreds of thousands of routers have been compromised in preparation for what could be a major cyberattack against Ukraine. More>>

Trump appears to raise new doubts about US-China trade deal

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President Donald Trump says the U.S. will probably have to use a "different structure" when it comes to trade with China. More>>

The Latest: Trump orders probe of tariffs for cars, trucks

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Trump directs Commerce Department to investigate whether tariffs are needed on the import of automobiles into the US. More>>

Merkel in China stresses dialogue on human rights, tech

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German Chancellor Angela Merkel has met with Chinese Premier Li Keqiang on her visit to China amid tension in Beijing and the European Union over trade issues with the United States and Washington's rejection of the Iran nuclear deal. More>>

New wind projects would deliver enough power for 600K homes

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Massachusetts and Rhode Island have announced offshore wind projects aimed at delivering a combined 1,200 megawatts of energy. More>>

Asian shares mixed after Fed gives Wall Street a boost

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US stocks are down and European indexes are taking sharp losses as investors worry about the European economy after an index measuring the strength of the business sector hit an 18-month low. More>>

Amazon, Starbucks pledge money to repeal Seattle head tax

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Amazon, Starbucks, Vulcan and other companies have pledged a total of more than $350,000 toward an effort to repeal Seattle's newly passed tax on large employers intended to combat homelessness. More>>

Facebook chief faces EU grilling over his 'digital monster'

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Facebook CEO Mark Zuckerberg faces senior European Union lawmakers later Tuesday to answer questions about a scandal over the alleged misuse of the data of millions of Facebook users. More>>

Hawaii volcano generates blue flames from burning methane Video included

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Production wells at a geothermal plant under threat by lava flowing from Hawaii's volcano have been plugged to prevent toxic gases from seeping out. More>>

Fed minutes: Another rate hike likely 'soon'

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Fed minutes: Officials expect to keep raising rates at gradual pace but noted risks. More>>

Trump launches probe into auto imports, possible tariffs

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President Donald Trump is predicting that U.S. automakers and auto workers will be "very happy" with the outcome of talks over the North American Free Trade Agreement. More>>

Chipotle moving headquarters from Denver to California

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Chipotle is moving its headquarters from its hometown of Denver to southern California. More>>

BE MINE: Maker of candy hearts, Necco Wafers sold at auction

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The 171-year-old candy maker known for its chalky Necco Wafers and those little inscribed hearts that are everywhere on Valentine's Day is up for grabs in bankruptcy court. More>>

Lucrative baby eel fishery shut down over illegal sales

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Maine authorities say they are shutting down the state's highly lucrative baby eel fishery early this year due to concerns about illegal sales. More>>

US man gets 15 years in prison for illegal handgun exports

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A Montana man has been sentenced to 15 years in prison after pleading guilty to illegally exporting high-caliber handguns to customers in countries with strict weapons laws. More>>

Turkish central bank raises key rate and helps lift currency

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Turkey's currency, the lira, has fallen to an all-time record low against the dollar amid fears of economic instability as the country heads toward snap presidential and parliamentary elections next month. More>>

Cohen distances himself from tax-cheating "Taxi King"

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President Donald Trump's personal lawyer is distancing himself from an associate in the taxi industry who pleaded guilty to tax fraud. More>>

Trump eager to sign bill rolling back Dodd-Frank regulations

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Trump is one step from checking off another campaign promise, an overhaul of the landmark Dodd-Frank bill that grew out of the 2008 financial collapse. More>>

Kroger buys Home Chef to take bigger bite of meal-kit market

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Kroger, looking to take a bigger bite of the online grocery market, is buying meal-kit seller Home Chef. More>>

Uber valued at about $62B in new offer to buy company stock

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Uber valued at about $62B in new offer to buy stock; company posts net profit on sale of businesses. More>>

Pruitt promises action on rising threat from contaminants

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Environmental Protection Agency chief Scott Pruitt says dealing with a widespread contamination in drinking water is a "national priority.". More>>

Italy steps toward populist government as Conte gets mandate

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Italy's president summons premier candidate Conte for talks on forming a government. More>>

Spain PM gets budget backing in test of separatist strength

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The Spanish parliament is set to pass the national budget proposal for 2018, giving the government of Prime Minister Mariano Rajoy some breathing space as it battles Catalan separatism. More>>

Target's bright spot: robust customer traffic

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Target, which is pushing through what is being called a transition year, posted weaker-than-expected profits for the first quarter. More>>

New Jersey OKs $300M annually to rescue nuclear industry

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Legislation authorizing $300 million annually in ratepayer-financed assistance to rescue New Jersey's nuclear energy industry has been signed into law. More>>

The Latest: Premier-designate confirms Italy's place in EU

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Italy's president has asked political neophyte Giuseppe Conte to try to form a government, giving the euroskeptic 5-Star Movement and anti-immigrant League their first shot at running western Europe's first populist government. More>>

Foxconn says no changes planned for Wisconsin project

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Taiwan-based Foxconn Technology Group says it remains committed to its $10 billion Wisconsin manufacturing facility, rejecting a report out of Asia that it's considering reducing initial costs by making display screens for smaller electronics. More>>

Microsoft pledges to extend EU data rights worldwide

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Microsoft says it's committing to giving users worldwide the same data and privacy rights being offered to Europeans under new regulations there. More>>

US sales of new homes slipped 1.5 percent in April

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Sales of new U.S. homes fell 1.5 percent in April; buying plunged in the West. More>>

Dispute on eye drop size fails to catch Supreme Court's eye

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A dispute about the size of eye drops has failed to catch the eye of the U.S. Supreme Court. More>>

Bulgaria hits setback in bid for euro membership

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Bulgaria runs into setback in bid for euro membership; ECB says 'wide-ranging' reforms needed. More>>

Social media under microscope in emotive Irish abortion vote

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Debate is raging in Ireland over whether to lift the country's decades-old ban on abortion. More>>

The Latest: EPA bars AP, CNN from summit on contaminants

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The Environmental Protection Agency is barring The Associated Press, CNN and the environmental-focused news organization E&E from a national summit on harmful water contaminants. More>>

EPA blocks some media from summit, then reverses course

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The Environmental Protection Agency has blocked The Associated Press and CNN from attending a national summit on harmful water contaminants. More>>

Merkel heads to China to talk economy, trade, rule of law

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German Chancellor Angela Merkel is heading to China with a business delegation as both Beijing and the European Union are grappling with the United States over trade issues and Washington's rejection of the Iran nuclear deal. More>>

China pledges to work seriously with US ahead of Ross' visit

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China's government has pledged to work conscientiously with Washington on resolving a sprawling trade dispute ahead of a visit by U.S. Commerce Secretary Wilbur Ross to Beijing. More>>

UK government does not intend to block Comcast-Sky deal

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Britain's government says it does not intend to refer U.S. media conglomerate Comcast's 22 billion pound ($30.7 billion) takeover offer for London-based Sky to competition authorities. More>>

Global stocks fall amid weak data, worries over Koreas

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Asian shares mostly lower amid worries over US-China trade, Koreas. More>>

The Latest: Trump eager to sign bill rolling back Dodd-Frank

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President Donald Trump says he is eager to sign a bill that will dismantle a chunk of the landmark Dodd-Frank act that grew out of the 2008 financial collapse. More>>

Senate hopeful Joe Arpaio mum on details of Trump policies Video included

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U.S. Senate candidate Joe Arpaio has pledged his unwavering support for President Donald Trump but is unwilling or unable to elaborate on the president's policies. More>>

Lowe's 1Q falls flat as extended winter cuts into sales

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Lowe's, which named a new CEO this week, posts weak profit and revenue numbers in 1Q. More>>

US and China work on ZTE rescue; Mnuchin denies quid pro quo

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US and China negotiating to ease sanctions on ZTE; Mnuchin denies any quid pro quo. More>>

Eurozone economy's slowdown may be longer than expected

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The much-anticipated second-quarter economic pick-up across the 19-country eurozone does not appear to be materializing, if one closely-watched survey is anything to go by. More>>

Thailand to up controls on paraquat, other farm chemicals

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The Thai government has tightened restrictions on use of the weed killer paraquat amid mounting concerns over health risks, especially for farmers. More>>

German city to ban some diesel cars to combat air pollution

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Officials of the northern German city of Hamburg have announced a ban on some diesel cars, to combat air pollution. More>>

Another drop in UK inflation dims prospect of rate hike soon

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Official figures show that inflation in Britain eased further back towards the Bank of England's target during April. More>>

Sony buys most of EMI Music, to spend $9B on image sensors

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Japanese electronics and entertainment company Sony Corp. is investing $9 billion mostly in image sensors over the next three years and acquiring a bigger stake in EMI Music Publishing. More>>

Low US unemployment rate masks financial struggles for many

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Low US unemployment rate masks financial struggles for many families. More>>

The Latest: Congress passes bill rolling back banking rules

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Congress has moved to dismantle some key rules for banks that were installed to prevent a replay of the 2008 financial crisis. More>>

The Latest: Zuckerberg tells EU lawmakers 'I'm sorry'

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Facebook CEO Mark Zuckerberg is apologizing for the internet giant's failure to prevent some of the internet tools it has developed from being misused. More>>

Asian shares fall amid worries over US-China trade, Koreas

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US stocks are rising behind gains for technology companies and banks, and automakers are up after China agreed to reduce auto import duties. J.C. Penney is falling after its CEO took a job with home improvement retailer Lowe's. More>>

Cohen partner pleads guilty in deal requiring cooperation

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A longtime business partner of President Donald Trump's personal lawyer, Michael Cohen, has pleaded guilty to tax fraud in a deal that requires him to cooperate in any ongoing investigations. More>>

Vegas casino workers OK strike that may hobble famed resorts

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Hundreds of unionized Las Vegas casino workers have voted on whether to call for a citywide strike that could have huge implications for the tourist-dependent destination. More>>

Italy: PM pick had library pass, no official status at NYU

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The 5-Star Movement is defending its premier candidate against reports that he padded his resume with elite international universities. More>>

The Latest: Vegas casino workers OK strike for June or later

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Thousands of unionized Las Vegas casino employees vote to authorize a strike. More>>

Congress moves to dismantle key post-crisis bank rules

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Congress is moving to dismantle a chunk of the rules framework for banks to prevent a recurrence of the 2008 financial crisis that brought millions of lost jobs and foreclosed homes. The House was to approve legislation to roll back the Dodd-Frank law. More>>

Consumer Reports raises concerns over Tesla Model 3 braking

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Long emergency stopping distances, difficult-to-use controls and a harsh ride stopped Tesla's Model 3 mass-market electric car from getting a recommended buy rating from Consumer Reports. More>>

NFL unanimously approves Tepper's $2.2b purchase of Panthers

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The NFL has unanimously approved a $2.2 billion deal to sell the Carolina Panthers to the hedge fund founder David Tepper. More>>

Tear gas, broken windows disrupt Paris labor march

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French public services workers have gone on strike as part of their protest a government plan to cut 120,000 jobs by 2022. More>>

APNewsBreak: McDonald's workers file sex harassment claims

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Two national advocacy groups are teaming up to lodge sexual harassment complaints against McDonald's on behalf of 10 women who have worked at the fast food restaurant in nine cities. More>>

Navarro clashes with State Department over UAE airline deal

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After striking a delicate deal with the UAE on rules for airline competition, the Trump administration went to war with itself about what the agreement actually said. More>>

Women look to make mark on male-dominated marijuana industry

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Women have made inroads in the male-dominated cannabis business, but they face a "grass ceiling" as the industry grows and becomes more mainstream. More>>

Dems want to scrap tax cut for rich to fund teachers' raises

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Congressional Democrats want to give a big salary bump to teachers and pay for it by canceling the tax cut for the top 1 percent of earners. More>>

Atlantic City Q1 casino earnings down nearly 12 percent

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Atlantic City's seven casinos all remained profitable during the first quarter of this year, but those profits are shrinking even as two competitors prepare to join the market. More>>

Branson-owned health company to merge with its rival

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British billionaire Richard Branson's company Virgin Pulse to merge with its rival and use Providence as corporate headquarters. More>>

In Salah's Nile delta village, the Egyptian is a super hero

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In Salah's village deep in Egypt's Nile Delta, the Liverpool winger is a superhero and a role model. More>>

China cutting auto import taxes as of July 1

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China has announced it will reduce auto import duties effective July 1 following promises to buy more U.S. goods and to ease controls on the industry. More>>

Zuckerberg meeting with EU parliament leaders to be webcast

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Facebook CEO Mark Zuckerberg has agreed to have Tuesday's meeting with the leaders of the European parliament about the data protection scandal that has engulfed his company open the public through web streaming. More>>

For the first time in 226 years, woman to lead the NYSE

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The New York Stock Exchange for the first time in its 226-year history will be led by a woman. More>>

J.C. Penney CEO Ellison departs for Lowe's

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JC Penney CEO Ellison departs for top job at Lowe's, sending shares of the department store plunging. More>>

Sweet for Necco: 3 new bidders emerge in wafer maker's sale

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Three new bidders have stepped in with offers to buy the bankrupt manufacturer of Necco Wafers, Sweethearts and other iconic candies. More>>

Vatican bank reports profit but says ethics more important

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The Vatican bank says it earned 31.9 million euros in profits last year, down from 36 million euros in 2016, as it works to pursue ethical investments even at the risk of losing money and clients. More>>

Russia adopts bill that could stymie trade with US

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Russia's parliament has adopted a wide-ranging bill that could freeze crucial exports to the United States and imports to Russia. More>>

US, China putting trade war on hold after progress in talks

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

Bank of England spells out cost of Brexit to households

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Britain's top central banker says the country's vote nearly two years ago to leave the European Union has already cost the average household in the country 900 pounds. More>>

Ask Brianna: I'm 18. Should I worry about my credit yet?

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It's not too early to start thinking about credit-building at 18, but choose a method that won't torpedo your goal as soon as you start. More>>

EU braces for US to go ahead with steel and aluminum tariffs

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European Union Trade Commissioner Cecilia Malmstrom says the EU still has no clear idea whether U.S. President Donald Trump will slap tariffs on the bloc's steel and aluminum exports within two weeks. More>>

Stocks mixed amid US-China trade talks, Italian politics

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Asian markets have mostly declined after Wall Street gained as Italy moved toward forming a euroskeptic-led government. More>>

EU greenlights trade talks with Australia, New Zealand

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The EU has given the green light to trade talks with Australia and New Zealand and sees the move as a boost for global trade in the face of increasing U.S. isolationism. More>>

JC Penney's CEO Ellison departs for Lowe's, shares plunge

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JC Penney CEO Ellison departs for top job at Lowe's, sending shares of the department store plunging. More>>

Ford to invest in Romanian plant to ramp up production

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Ford says it will invest some 200 million euros ($236 million) and creating 1,500 new jobs to manufacture a second vehicle at its plant in Romania. More>>

Trump administration slams Venezuela's election as a "sham"

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The Trump administration is dismissing Venezuela's presidential election as a "sham" and vowing to take quick action to ramp up economic and diplomatic pressure on President Nicolas Maduro's beleaguered government. More>>

New York Stock Exchange names first female leader

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The New York Stock Exchange has named its first female leader in the history of the 226-year-old exchange. 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>>

Thousands of Vegas casino workers to vote on citywide strike

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Thousands of unionized Las Vegas casino workers whose contracts expire next week are preparing to vote on whether to go on strike. More>>

US hikes tariffs on Chinese steel exported via Vietnam

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The U.S. government has hiked tariffs on steel products from Vietnam that were made with materials from China and that Washington said evaded anti-dumping duties on Chinese steel. More>>

The princes, the president and the fortune seekers

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AP Investigation: A top fundraiser for President Donald Trump and a senior adviser to the crown prince of Abu Dhabi ran a secretive campaign, trading lobbying against Qatar for hundreds of millions in defense contracts from the United Arab Emirates. More>>

Divided Supreme Court sides with businesses over workers

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A new Supreme Court will allow employers to prohibit workers from banding together to complain about pay and conditions in the workplace. More>>

Venezuela's opposition scrambles to regroup after Maduro win

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Embattled socialist incumbent Nicolas Maduro won Venezuela's presidential election by a landslide in a disputed vote marred by irregularities and mass absenteeism that led his main rivals to call for a re-run. More>>

Vegas casino workers to vote on strike that could cost city

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Tens of thousands of Las Vegas casino workers whose contracts expire next week are planning to vote on whether to go on strike. More>>

US demands wholesale changes in Iran policies post-nuke deal

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Secretary of State Mike Pompeo is laying out the Trump administration's strategy for constraining Iran's nuclear program and opposing its other behavior in the region following President Donald Trump's withdrawal from the 2015 nuclear deal. More>>

Asian markets mostly lower after Wall Street gains

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Stocks are climbing on Wall Street and overseas after the U.S. and China said they made progress in trade talks. More>>

Survey asks why young people stay in, leave New Hampshire

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A new survey of young people in New Hampshire shows nearly a third say they definitely or probably will consider leaving the state in the next two years. More>>

Restaurant group negotiating to buy out Mario Batali

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The restaurant group co-owned by Mario Batali says amid sexual misconduct allegations that it has been "actively negotiating" to buy out the celebrity chef. More>>

Gates Foundation director to lead Pennsylvania universities

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A director at the Bill and Melinda Gates Foundation has been chosen as the new chancellor of Pennsylvania's 14 state universities. 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>>

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>>

China says it can't guarantee no more trade tension with US

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China's government says it cannot guarantee renewed trade tension with Washington can be avoided after U.S. Treasury Secretary Steven Mnuchin said a spiraling dispute was "on hold". More>>

Russian billionaire Abramovich runs into UK visa issues

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An associate of Russian billionaire Roman Abramovich says his British visa has not been renewed. More>>

Italy edges toward 1st populist govt, law prof as premier

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Italy edged toward its first populist government Monday as the euroskeptic 5-Star Movement and the right-wing League indicated a 54-year-old law professor with no political experience as their candidate for premier. More>>

The Latest: Italian League chief: No need to fear populists

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Right-wing leader Matteo Salvini says other European nations have no reason to worry about Italy's soon-to-be-born populist government. More>>

General Electric continues transformation; $11B rail deal

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GE train engine division ties up with Wabtec as GE CEO John Flannery continues to break off parts of the conglomerate. More>>

Trump pulls back from brink of trade war with China

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Trade war between China, US put on hold after talks aimed at reducing America's massive trade deficit with Beijing. More>>

UK court drops charges against Barclays in Qatar fundraising

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A court has dismissed charges against Barclays relating to its emergency fundraising from Qatar at the height of the financial crisis. More>>

AP names Susannah George as intelligence reporter

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The Associated Press has announced that award-winning journalist Susannah George will join its Washington bureau as an intelligence reporter. 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>>

'Deadpool 2' ends Avengers' box-office reign, rakes in $125M

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Deadpool and his foul-mouthed crew of misfits and malcontents have taken down the Avengers. More>>

The Latest: US-China inject note of caution post-trade truce

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President Donald Trump is defending his administration's trade dealings with China a day after his Treasury secretary said the two countries were putting a trade war "on hold.". 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>>

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