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Morgan State University designated a national treasure

The Associated Press  |  Posted  May 3rd - 8:20am

The National Trust for Historic Preservation is naming Morgan State University a national treasure.

Freddie Mac posts $354M loss in 1Q; no dividend payment

Marcy Gordon, Associated Press  |  Posted  May 3rd - 8:20am

Mortgage giant Freddie Mac reported a net loss of $354 million for the first quarter, mostly due to losses it sustained on the investments it uses to hedge against swings in interest rates.

EU says permanent border checks would cost billions annually

The Associated Press  |  Posted  May 3rd - 8:20am

The European Commission estimates that a permanent reintroduction of border checks in Europe's passport-free travel area could cost up to 18 billion euros ($20.7 billion) a year.

College of DuPage appoints its first female president

The Associated Press  |  Posted  May 3rd - 8:11am

A retired Navy vice admiral is set to become the College of DuPage's first female president in the suburban Chicago school's 49-year history.

Driver in fatal duck boat crash cited 10 times for speeding

The Associated Press  |  Posted  May 3rd - 8:10am

The driver of an amphibious sightseeing vehicle that collided with a scooter in Boston, killing a woman, has a history of driving violations.

French parliament debates labor law after violent protests

The Associated Press  |  Posted  May 3rd - 8:10am

After a month of often violent protests, French legislators on Tuesday started to debate a hotly contested labor bill that would make it easier to lay off workers, weaken some union powers, and relax rules regulating the country's 35-hour workweek.

Automakers report healthy April sales led by SUVs, trucks

Tom Krisher and Dee-Ann Durbin, Associated Press  |  Posted  May 3rd - 8:00am

America's love of trucks and SUVs helped push most automakers to healthy sales gains last month as Ford reported record SUV sales and Nissan posted its best April ever.

Profits sagged at Swiss bank UBS as clients held back

The Associated Press  |  Posted  May 3rd - 8:00am

Swiss bank UBS Group AG says first-quarter profits dropped as turbulent markets and global economic and political uncertainty deterred clients from doing business.

Markets Right Now: US stocks open lower on weak China data

The Associated Press  |  Posted  May 3rd - 7:51am

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

Suspended executive at VW's Porsche brand is replaced

The Associated Press  |  Posted  May 3rd - 7:51am

Volkswagen's Porsche division has replaced a top vehicle development manager suspended since the start of the Volkswagen group's scandal over diesel cars rigged to cheat on emissions tests.

Memos from Egypt's Interior Ministry leaked to journalists

Brian Rohan, Associated Press  |  Posted  May 3rd - 7:30am

Memos containing internal instructions from Egypt's Interior Ministry were leaked to the media on Tuesday, outlining strategies on how to deflect public outrage over arrests it made inside the journalists' union, handle the media in general, and deal with the case of an Italian student found tortured to death.

St. Louis jury awards $55M in Johnson & Johnson cancer suit

Jim Salter, Associated Press  |  Posted  May 3rd - 7:20am

For the second time in three months, a St. Louis jury has ordered Johnson & Johnson to pay a huge award over claims that its talcum powder causes cancer.

Beyonce goes from 'Lemonade' to watermelon water

The Associated Press  |  Posted  May 3rd - 7:12am

WTRMLN WTR, a startup beverage company that makes cold-pressed watermelon juice, announced Tuesday that Beyonce has joined as an investor.

Gaza sewage crisis, festering in conflict, poisons coast

Fares Akram and Daniella Cheslow, Associated Press  |  Posted  May 3rd - 7:11am

Each day, millions of gallons of raw sewage pour into the Gaza Strip's Mediterranean beachfront, spewing out of a metal pipe and turning miles of once-scenic coastline into a stagnant dead zone.

The Republic of Tea recalls green tea over salmonella fears

The Associated Press  |  Posted  May 3rd - 6:50am

The California-based company The Republic of Tea is recalling one of its green tea blends as a precaution over fears of possible salmonella contamination.

Once a Clinton stronghold, Appalachia now Trump country

Lisa Lerer, Associated Press  |  Posted  May 3rd - 6:50am

When President Bill Clinton rolled into the small Appalachian town of Ashland, Kentucky, in 1996, cheering crowds lined the streets. Local boy turned country music star Billy Ray Cyrus performed a special version of his hit, "Achy Breaky Heart." And nearly 20,000 supporters attended a riverfront re-election rally, dozens collapsing from heat exhaustion in the August sun.

France threatens 'no' to US-EU trade zone, amid new tensions

The Associated Press  |  Posted  May 3rd - 6:40am

France is threatening to reject a huge free trade deal between the U.S. and the European Union, saying it's too friendly to U.S. business and probably doomed.

EU trims economic growth forecasts amid global uncertainty

Raf Casert, Associated Press  |  Posted  May 3rd - 6:30am

The European Union has trimmed its economic growth forecasts for the 19 countries that share the euro amid an unpredictable global outlook marked by political uncertainty and weakness in emerging markets.

Biogen plans to spin off hemophilia business

The Associated Press  |  Posted  May 3rd - 6:00am

Biotechnology company Biogen says it plans to spin off its hemophilia business into a separate, publicly traded company.