US stocks rebound, but still face losses for the week
NEW YORK (AP) — U.S. stocks rebounded in midday trading on Wall Street Friday, but were still on track for a third straight week of losses.
Tesla's bad news accelerates as Wall Street loses faith
Late last year, Tesla Inc. was fully charged and cruising down the highway on Autopilot. Shares were trading above $370 each, sales of the Model 3 small electric car were strong and the company had appointed a new board chair to rein in the antics of sometimes impulsive CEO Elon Musk.
Discovery's Zaslav, Disney's Iger among highest paid CEOs
Here are the highest paid CEOs in the S&P 500 index for 2018, as calculated by The Associated Press and Equilar, an executive data firm.
CEOs get $800,000 pay raise, leaving workers further behind
NEW YORK (AP) — Did you get a 7% raise last year? Congratulations, yours was in line with what CEOs at the biggest companies got.
Climate protesters turn out as Europe votes on parliament
BERLIN (AP) — Protesters — many of them too young to vote — took to the streets Friday across the European Union to demand tougher action against global warming as the 28-nation bloc elects a new parliament.
May to quit as party leader June 7, sparking race for new PM
LONDON (AP) — Bowing to the inevitable, Theresa May announced Friday that she will step down as U.K. Conservative Party leader in two weeks, admitting defeat in her attempt to take Britain out of the European Union and sparking a contest to replace her as prime minister.
'Move along': Stormtroopers ready for Star Wars land crowds
LOS ANGELES (AP) — Disneyland's new Galaxy's Edge attraction promises to transport visitors to a new locale in the Star Wars universe, but any who overstay their visit might not catch their ride on the Millennium Falcon.
China ramps up war of rhetoric in trade standoff with US
BEIJING (AP) — Stepping up Beijing's propaganda offensive in the tariffs standoff with Washington, Chinese state media on Friday accused the U.S.
Markets Right Now: Stocks rebound, led by tech companies
NEW YORK (AP) — The latest on developments in financial markets (all times local): 9:35 a.m. Stocks are rising at the open on Wall Street Friday, led by gains in technology companies, as the market tries to rebound from steep losses a day earlier.
Global stocks recover with focus on trade, Brexit
TOKYO (AP) — Global stocks are rebounding following Thursday's sell-off, with markets hoping for an easing in the U.S.-China trade dispute and after British Prime Minister Theresa May said she plans to resign as of June 7.
AP Explains: How retirement legislation impacts you
Americans generally do not have enough saved for retirement and Congress is considering a number of measures to address that. There are a few retirement-related bills of note making their way through Congress.
India's Modi facing urgent economic challenges after win
NEW DELHI (AP) — Dissatisfaction with India's lagging economy didn't deter voters from handing Prime Minister Narendra Modi and his Hindu nationalist party a landslide parliamentary election victory.
China to support airlines seeking compensation from Boeing
BEIJING (AP) — China's airline industry association has thrown its support behind 13 Chinese carriers seeking compensation from Boeing for groundings of the 737 Max 8.
NASA's first-of-kind tests look to manage drones in cities
RENO, Nev. (AP) — NASA has launched the final stage of a four-year effort to develop a national traffic management system for drones, testing them in cities for the first time beyond the operator's line of sight as businesses look in the future to unleash the unmanned devices in droves above busy streets and buildings.
Bank CEO pleads not guilty in bid to get Trump post
NEW YORK (AP) — A banker who prosecutors say tried to buy himself a senior post in President Donald Trump's administration by making risky loans to former Trump campaign chairman Paul Manafort pleaded not guilty Thursday to a financial institution bribery charge as his lawyer said he's done nothing wrong.
FAA chief upbeat about prospects for Boeing 737 Max's return
FORT WORTH, Texas (AP) — After an all-day meeting with global aviation regulators, the chief of the Federal Aviation Administration sounded more upbeat than ever about prospects for clearing the troubled Boeing 737 Max to fly again.
Trade impasse: Trump pledges $16B to farmers; markets slump
WASHINGTON (AP) — President Donald Trump rolled out another $16 billion in aid for farmers hurt by his trade policies, and financial markets shook Thursday on the growing realization that the U.S.
Tokyo-Vegas investment chief gets 50 years in huge scheme
LAS VEGAS (AP) — The former head of a Tokyo and Las Vegas investment firm was sentenced Thursday to 50 years in prison for bilking thousands of Japanese victims in what prosecutors called a $1.5 billion international Ponzi scheme that ranks among the largest-ever fraud cases in the U.S.
Tesla shares bounce on leaked memo about rising sales
Shares of Tesla, suffering one of the worst stretches in company history, rebounded Thursday after CEO Elon Musk told employees that orders are up.
Trump considering loophole for Saudi arms sale
WASHINGTON (AP) — The Trump administration is considering an emergency declaration that would allow it to make an arms shipment to Saudi Arabia without the approval of Congress, two U.S.
Number of US homes on the market rose in 1Q as sales slowed
Homebuyers in Salt Lake City, Atlanta and other big U.S. metropolitan areas are seeing a pickup in the number of homes for sale, especially in the most affordable segment of the market.
US stocks skid on worries of prolonged trade standoff
Heightened worries that the U.S. and China are headed for a long standoff in their costly trade dispute put investors in a selling mood Thursday.
Facebook: Fake account removal doubles in 6 months to 3B
SAN FRANCISCO (AP) — Facebook removed more than 3 billion fake accounts from October to March, twice as many as the previous six months, the company said Thursday.
Firm tied to political donor to pay $110M in federal probe
WASHINGTON (AP) — A payment processor run by a prominent political donor will pay $110 million to settle U.S. charges the company knowingly processed transactions for merchants engaging in frauds.