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European court OKs crackdown on e-cigarettes, packaging

The Associated Press  |  Posted  May 4th - 6:40am

The European Union's top court dealt a blow to the tobacco industry Wednesday by approving sweeping new rules that will require plain cigarette packs, ban menthol cigarettes and regulate the growing electronic cigarette market.

US productivity shrinks again in first quarter

Martin Crutsinger, Associated Press  |  Posted  May 4th - 6:40am

U.S. productivity fell again in the first three months of the year, while labor costs rose at the fastest pace in more than a year.

Imports tumbled in March, sending US trade deficit to lowest level since 2014

The Associated Press  |  Posted  May 4th - 6:40am

Imports tumbled in March, sending US trade deficit to lowest level since 2014.

US productivity fell again in Q1, while rising wages pushed labor costs higher

The Associated Press  |  Posted  May 4th - 6:40am

US productivity fell again in Q1, while rising wages pushed labor costs higher.

Survey: US businesses add jobs at slowest pace in 3 years

Christopher S. Rugaber, Associated Press  |  Posted  May 4th - 6:40am

U.S. companies added jobs at the slowest pace in three years in April, a private survey found, a sign that slower growth and volatile financial markets could weigh on hiring.

Airbus advises rotor checks of Norway helicopter crash model

The Associated Press  |  Posted  May 4th - 6:40am

The manufacturer of the helicopter that crashed in Norway last week, killing13 people, says it has sent an advisory to all customers using the Airbus EC-225LP to inspect the suspension bars and fittings of the main rotor, which came loose from the aircraft just before it crashed near a tiny island.

Abu Dhabi's Etihad: 31 injured by severe turbulence in Asia

The Associated Press  |  Posted  May 4th - 6:10am

Several passengers aboard an Etihad Airways flight were injured Wednesday when their plane ran into sudden turbulence as it prepared to land in the Indonesian capital, Jakarta.

Greece rules out "what if" austerity measures sought by IMF

The Associated Press  |  Posted  May 4th - 6:10am

Greece will not approve contingency savings measures that the International Monetary Fund is demanding in case the country does not meet budget targets set out by bailout lenders, an official said Wednesday.

The Latest: Detroit schools opening after teacher sick-out

The Associated Press  |  Posted  May 4th - 6:00am

The Latest on Detroit's financially struggling schools, which saw teacher sick-outs this week (all times local):

Low oil prices, freight rates hit Maersk group's profits

The Associated Press  |  Posted  May 4th - 5:20am

Low oil prices and freight rates weighed on profits at Danish shipping and energy group A.P. Moller-Maersk, though not as sharply as analysts had feared.

ROLI Raises $27 Million Series B Led by Foundry Group to Globally Expand Its Connected Music Ecosystem

Roli, Associated Press  |  Posted  May 4th - 5:10am

including the celebrated Seaboard RISE — to music-makers around the world.

Germany to allow medical cannabis consumption in some cases

The Associated Press  |  Posted  May 4th - 5:00am

Germany's Cabinet has approved a bill that will allow patients to get cannabis as a prescription-only medication.

Royal Dutch Shell first quarter earnings down 58 percent

Danica Kirka, Associated Press  |  Posted  May 4th - 4:50am

Oil company Royal Dutch Shell said first-quarter earnings plunged 58 percent as depressed crude prices create "hugely challenging times" for the energy industry.

Eurozone growth in 'low gear' at start of second quarter

Pan Pylas, Associated Press  |  Posted  May 4th - 4:40am

As winter turned to spring, the eurozone economy appears to have lost some — but by no means all — of the momentum that saw it grow faster than the U.S. in the first quarter of the year.

Markets Right Now: UK's FTSE leads Europe down as miners hit

The Associated Press  |  Posted  May 4th - 4:40am

The Latest on developments in financial markets (all times local):

The Latest: Arizona House passes $9.6 billion budget

The Associated Press  |  Posted  May 4th - 4:10am

The Latest on Arizona's budget (all times local):

Elevator company contesting federal citation in worker death

The Associated Press  |  Posted  May 4th - 4:10am

Federal regulators have cited an elevator company after a worker died last year when he became pinned by an elevator at a central New York nursing home.

Brazil turmoil costs AB Inbev in quarterly results

The Associated Press  |  Posted  May 4th - 4:10am

The world's biggest brewer, AB Inbev, says economic and political turmoil in Brazil hit its quarterly earnings, with sales volumes declining by 10 percent in the huge Latin American nation.

Shares in miner tumble after Brazil sues over dam disaster

The Associated Press  |  Posted  May 4th - 4:10am

Shares in miner BHP Billiton Ltd tumbled after Brazil's Federal Public Prosecution said it had launched a $43 billion civil suit for a dam break that killed 19 people and caused the worst environmental disaster in the country's history.