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US new-home sales drop 11.4% in April, most in 2 years

Paul Wiseman, Associated Press  |  Posted   May 23rd - 8:50am

U.S. sales of new homes last month registered the biggest drop in more than two years.

Report: Lawn mower sparked Florida wildfire

The Associated Press  |  Posted   May 23rd - 8:49am

A lawn mower is being blamed for sparking a wildfire that destroyed five structures in Florida.

The Latest: GOP pleased over Trump budget blueprint

The Associated Press  |  Posted   May 23rd - 8:49am

The Latest on President Donald Trump's budget for the fiscal year beginning Oct. 1 (all times local):

US stocks inch higher as health care companies gain ground

Marley Jay, Associated Press  |  Posted   May 23rd - 8:30am

U.S. stocks are slightly higher Tuesday morning as health care companies including makers of scientific instruments and drugs rise. Beverage makers are also gaining, leading household products makers upward. Stocks rose for the past three trading days following a steep loss last Wednesday.

Google aims to connect online ads to real-world sales

Michael Liedtke, Associated Press  |  Posted   May 23rd - 8:12am

Google already monitors your online shopping — but now it's also keeping an eye on what you're buying in real-world stores as part of its latest effort to sell more digital advertising.

Grain mixed, livestock mixed

The Associated Press  |  Posted   May 23rd - 8:12am

Grain futures were mixed Tuesday in early trading on the Chicago Board of Trade.

German prosecutors to search Daimler offices in diesel probe

The Associated Press  |  Posted   May 23rd - 8:12am

German automaker Daimler AG says prosecutors will search several of its offices in Germany as part of a preliminary investigation into suspected manipulation of diesel emission controls.

Trump administration sending Congress $4.1 trillion budget

Andrew Taylor and Martin Crutsinger, Associated Press  |  Posted   May 23rd - 8:12am

President Donald Trump Tuesday is unveiling a $4.1 trillion spending plan that relies on faster economic growth and steep cuts to programs for the poor in a bid to balance the government's books over the next decade.

US sales of new homes tumble 11.4 percent in April, biggest drop in more than two years

The Associated Press  |  Posted   May 23rd - 8:10am

US sales of new homes tumble 11.4 percent in April, biggest drop in more than two years.

Grain mixed, livestock mixed

The Associated Press  |  Posted   May 23rd - 8:10am

Grain futures were mixed Tuesday in early trading on the Chicago Board of Trade.

Microsoft Surface gets battery boost, better viewing angles

Anick Jesdanun, Associated Press  |  Posted   May 23rd - 7:18am

Microsoft is refreshing its Surface Pro tablet with longer battery life and faster processors.

Macron tries to sell plan to reform France's labor market

Sylvie Corbet, Associated Press  |  Posted   May 23rd - 7:05am

French President Emmanuel Macron is holding meetings with unions and business organizations to discuss reforming the country's labor market, which many blame for France's sub-par economic performance over recent years.

Australia and Peru to begin negotiating free trade agreement

Rod McGuirk, Associated Press  |  Posted   May 23rd - 6:55am

Australia plans to start negotiating a free trade deal with Peru as part of a new Australian push to open Latin American markets for beef, wheat and wine exports.

Thai PM condemns hospital bombing as security boosted

Kaweewit Kaewjinda, Associated Press  |  Posted   May 23rd - 6:39am

Thailand's prime minister said Tuesday that authorities will use any means necessary to track down the perpetrators behind a bomb attack at a hospital that wounded more than 20 people, while the ruling junta said security elsewhere in the country was being reviewed.

New deadline for Greece set after another stalemate

Pan Pylas, Associated Press  |  Posted   May 23rd - 6:27am

Hopes for a breakthrough in negotiations for cash-strapped Greece were dashed again and another deadline was set.

European markets push higher on strong economic news

The Associated Press  |  Posted   May 23rd - 6:27am

European markets were buoyed Tuesday by some further good economic news that helped offset the concerns and anguish stoked by the blast in Manchester, England which killed at least 22 people.

AP Exclusive: CEOs got biggest raise since 2013

Stan Choe, Associated Press  |  Posted   May 23rd - 5:16am

The typical CEO at the biggest U.S. companies got an 8.5 percent raise last year, raking in $11.5 million in salary, stock and other compensation last year, according to a study by executive data firm Equilar for The Associated Press. That's the biggest raise in three years.

Nokia and Apple settle long-running legal disputes

The Associated Press  |  Posted   May 23rd - 4:34am

Nokia and Apple have settled their numerous legal disputes after signing an agreement to work together.

European economic rebound showing surprising strength

Pan Pylas and David McHugh, Associated Press  |  Posted   May 23rd - 4:13am

Europe's economic recovery is showing surprising strength, as key surveys of business activity and optimism hit their highest levels in years.

AP Exclusive: Outgoing WHO head practiced art of appeasement

Maria Cheng, Associated Press  |  Posted   May 23rd - 4:00am

As the World Health Organization struggled to coordinate vaccine production during the 2009 swine flu pandemic, its director-general met with Vladimir Putin, then Russia's prime minister, during an official visit to Moscow.