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Markets Right Now: Stocks open lower on Wall Street

The Associated Press  |  Posted  Apr 29th - 7:50am

The Latest on global financial markets (all times local):

Lawmaker accused of harassment is all alone with his M&Ms

Erik Schelzig, Associated Press  |  Posted  Apr 29th - 7:41am

Amid the frenzied negotiations, flaring tempers and occasional frivolity marking the end of another Tennessee legislative session, one lawmaker stayed conspicuously alone and quiet.

Lawmaker calls for Illinois to revoke Hastert's pension

The Associated Press  |  Posted  Apr 29th - 7:31am

An Illinois state senator is urging the state to strip Dennis Hastert of the taxpayer-funded pension he receives from when he was state legislator.

FDA reconsiders training requirements for painkillers

Matthew Perrone, Associated Press  |  Posted  Apr 29th - 7:30am

The Food and Drug Administration is reconsidering whether doctors who prescribe painkillers like OxyContin should be required to take safety training courses, according to federal documents.

Jury: Firm not liable for burns blamed on exploding body wax

The Associated Press  |  Posted  Apr 29th - 7:30am

A jury says a New York company isn't responsible for burns a northeastern Pennsylvania woman said were caused by a bottle of exploding body wax.

Philippine presidential front-runner denies any extra wealth

The Associated Press  |  Posted  Apr 29th - 7:30am

The Philippine presidential front-runner says he has no ill-gotten wealth after a senator alleged that he kept more than 200 million pesos ($4.2 million) in a bank account in 2014 that he failed to declare publicly as required by law.

US consumer spending inches up in March

Martin Crutsinger, Associated Press  |  Posted  Apr 29th - 6:51am

U.S. consumers boosted their spending by a tiny amount in March as purchases of nondurable goods such as clothing offset a big fall in spending on autos and other long-lasting items.

US consumer spending up tiny 0.1 percent in March, while incomes post solid 0.4 percent gain

The Associated Press  |  Posted  Apr 29th - 6:40am

US consumer spending up tiny 0.1 percent in March, while incomes post solid 0.4 percent gain.

US employment costs up modest 0.6 percent in first quarter

Martin Crutsinger, Associated Press  |  Posted  Apr 29th - 6:40am

Employment costs paid to U.S. civilian workers rose at a slightly faster pace in the first three months of the year compared to the previous quarter, as wages and salaries gained steam.

Spain predicts 2.5 percent annual growth for next 4 years

Ciaran Giles, Associated Press  |  Posted  Apr 29th - 6:30am

The Spanish economy will grow at an average annual rate of 2.5 percent over the next four years— one of the strongest in the European Union — and will create some 2 million jobs, the country's caretaker government predicted Friday.

Eurozone economy speeds up, reaches size it was back in 2008

Pan Pylas, Associated Press  |  Posted  Apr 29th - 6:20am

It's been a long and tortuous journey, but the eurozone economy is finally back to the size it was before the global financial crisis.

Lawsuit: Tampa strip club owes dancers $3.7 million

The Associated Press  |  Posted  Apr 29th - 6:00am

Dancers and "door girls" have filed a class action lawsuit against a Tampa, Florida, strip club, claiming they're owed some $3.7 million in unpaid wages.

NYC exhibition: 4 whaling paintings by J.M.W. Turner

The Associated Press  |  Posted  Apr 29th - 6:00am

Four whaling paintings by the British artist J.M.W. Turner will be united for the first time in an upcoming exhibition in New York City.

Rovi buying TiVo in $1.1B cash-and-stock deal

The Associated Press  |  Posted  Apr 29th - 5:50am

Digital TV listing company Rovi is buying TiVo in a cash-and-stock deal valued at about $1.1 billion.

Singers sought for iconic New York folk music venue's video

The Associated Press  |  Posted  Apr 29th - 5:20am

The nation's longest continuously operating coffeehouse is putting together a video featuring Arlo Guthrie and Garrison Keillor to celebrate the upstate New York folk music venue's impending renovations.

China charges brokers, fund manager with insider trading

Joe McDonald, Associated Press  |  Posted  Apr 29th - 4:20am

A prominent investor and the general manager of China's biggest stock brokerage have been arrested on insider trading charges, the government announced Friday, in the latest aftershock from a plunge in stock prices last year.

Portugal awaits crucial news for its financial future

The Associated Press  |  Posted  Apr 29th - 4:00am

Debt-heavy Portugal is waiting to find out whether it will continue being eligible for vital financial help from the European Central Bank.

Nationalized Royal Bank of Scotland sees loss widen

Danica Kirka, Associated Press  |  Posted  Apr 29th - 3:41am

Royal Bank of Scotland says its net loss widened in the first quarter as the taxpayer-owned bank made its final 1.2 billion-pound ($1.7 billion) payment to the U.K. Treasury as part of a deal to give the government first crack at any profits.

Horry County Schools changes bathroom policy

The Associated Press  |  Posted  Apr 29th - 3:30am

Horry County Schools has agreed to let a transgender student use the boys' bathroom after he was suspended for using the "wrong" bathroom.