China has more weapons in US tariff war - but do they work?
BEIJING (AP) — Looking for ways to hit back at Washington as a tariff fight escalates, President Xi Jinping and his economy czar visited a Chinese factory that processes rare earths - exotic minerals used in electric cars, mobile phones and other technology.
China says door open to trade talks, but slams tech controls
BEIJING (AP) — China held the door open to resuming talks in the tariff war with Washington on Thursday, but lashed out at limits on access to key technologies that it said might hurt global supply chains.
World shares sink as US-China spat takes center stage
SINGAPORE (AP) — World stock markets fell sharply Thursday as traders focused on tensions between the U.S. and China and braced for the impact of their tariff hikes.
Deutsche Bank ready for 'tough cuts' as share price sags
FRANKFURT, Germany (AP) — The CEO of Deutsche Bank says he is ready to make "tough cuts" to improve the struggling bank's profitability and raise a "disappointing" share price as negative headlines continue to plague Germany's biggest bank.
Former Nissan chairman Ghosn appears in Tokyo court
TOKYO (AP) — Nissan's former chairman, Carlos Ghosn, appeared in a Japanese courtroom Thursday for a hearing ahead of his trial on accusations of financial misconduct.
Making history: Rihanna launches brand Fenty in Paris store
PARIS (AP) — Rihanna, the first black woman in history to head up a major Parisian luxury house, is unveiling her first fashion designs for Fenty at a pop-up store in Paris.
Retailers, shoppers could feel more pain if tariffs spread
NEW YORK (AP) — An escalating trade war between the U.S. and China could mean higher prices on a broad array of products from toys to clothing.
Asian shares slip as US-China spat takes center stage
SINGAPORE (AP) — Asian markets were broadly lower on Thursday as traders focused on tensions between the U.S. and China and braced for the impact of their tariff hikes.
Judge rules Qualcomm violated antitrust law in chip market
NEW YORK (AP) — A federal judge has ruled that Qualcomm unlawfully squeezed out cellphone chip rivals and charged excessive royalties to manufacturers such as Apple in a decision that undercuts a key part of its business.
Supreme leader criticizes Iran's politicians amid US tension
TEHRAN, Iran (AP) — Iran's supreme leader publicly chastised the country's moderate president and foreign minister Wednesday, saying he disagreed with the implementation of the 2015 nuclear deal they had negotiated with world powers.
Judge approves $105M fund for California wildfire survivors
SAN FRANCISCO (AP) — Pacific Gas & Electric Corp. received approval Wednesday to establish a $105 million fund to help survivors of recent California wildfires started by the utility's equipment.
Bankruptcy judge approves sale of Reading Eagle to chain
READING, Pa. (AP) — A federal bankruptcy judge on Wednesday approved the sale of the 150-year-old Reading Eagle to a publisher known for its aggressive cost-cutting.
Brazil's Natura announces purchase of Avon Products
RIO DE JANEIRO (AP) — The Brazilian cosmetics maker Natura announced Wednesday that it is buying Avon Products in an all-stock deal that it valued at $3.7 billion, in move that would create the world's fourth-largest group of beauty products.
Ski resort leaders, businessman indicted on fraud charges
BURLINGTON, Vt. (AP) — The former owner and former president of a Vermont ski resort accused in a multimillion-dollar fraud case were indicted on federal charges unsealed Wednesday over a failed plan to build a biotechnology plant using foreign investors' money.
How major US stock indexes fared Wednesday
Stocks ended lower on Wall Street Wednesday, weighed down by mixed corporate earnings from big retailers and uncertainty over the trade dispute between the U.S.
Mnuchin says Tubman $20 bill design delayed past 2020
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin said Wednesday the redesign of the $20 bill to feature 19th century abolitionist leader Harriet Tubman has been delayed.
Union files for new vote at Volkswagen's Tennessee plant
CHATTANOOGA, Tenn. (AP) — The United Auto Workers union filed a new petition Wednesday seeking to hold a vote on its representation of workers at a Tennessee Volkswagen plant, the same day the National Labor Relations Board dismissed a previous petition on a technicality.
Last days of May? UK leader in peril as Brexit offer slammed
LONDON (AP) — British Prime Minister Theresa May dug in Wednesday against a relentless push by rivals and former allies to remove her from office as her attempts to lead Britain out of the European Union appeared to be headed for a dead end.
US, China appear to brace for long haul in trade dispute
WASHINGTON (AP) — With negotiations on hold and tariffs piling up, the United States and China appear to be bracing for a prolonged standoff over trade.
Mnuchin says he was unaware of IRS memo on tax returns
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin said Wednesday he has no idea who wrote a confidential Internal Revenue Service legal memo that says that tax returns must be given to Congress unless the president asserts executive privilege.
On the Money: How new rules for debt collectors affect you
NEW YORK (AP) — The next text message you receive may not be a funny picture from your mom, or an update on how late your friend will be to brunch.
Threat or promise? E-auto boom could cost industry jobs
ZWICKAU, Germany (AP) — Over 115 years the auto industry in the east German town of Zwickau has lived through wrenching upheavals including World War II and the collapse of communism.
3 Chinese airlines seeking Boeing compensation over 737 Max
BEIJING (AP) — China is stepping up pressure on Boeing Co. as its airlines demand compensation for the grounding of 737 Max jetliners after fatal crashes in Ethiopia and Indonesia.
World markets subdued amid trade uncertainty
BANGKOK (AP) — World stock markets were subdued Wednesday as investors monitored developments in the U.S.-China trade war and looked ahead to the release of minutes to the U.S.
Lilly selling half-price version of popular Humalog insulin
A half-price version of Eli Lilly's popular Humalog insulin is now available, following the company's promise in March to offer diabetics a more affordable option amid fierce criticism of soaring insulin prices.