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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.

Thai police running hospital bomb probe as security reviewed

Kaweewit Kaewjinda, Associated Press  |  Posted   May 23rd - 2:31am

Thailand's ruling junta said Tuesday that police will handle the investigation into a bombing at a military-run hospital that wounded more than 20 people, while security elsewhere in the country is being reviewed.

German business confidence hits 26-year high in May

The Associated Press  |  Posted   May 23rd - 2:22am

A survey shows that business confidence in Germany has risen to its highest level in 26 years. The strong showing was slightly above economists' expectations.

Global shares mixed as blast in Manchester rattles investors

Elaine Kurtenbach, Associated Press  |  Posted   May 23rd - 2:13am

World shares were mixed Tuesday, with European benchmarks gaining after a strong overnight lead from Wall Street despite an explosion in Manchester, England, that killed at least 22 people and was being treated as a terror attack. Oil prices fell back after Monday's rally and shares in Japan and China declined.

Trump administration sending Congress $4.1 trillion budget

Andrew Taylor and Martin Crutsinger, Associated Press  |  Posted   May 23rd - 1:48am

President Donald Trump is sending Congress a $4.1 trillion spending plan that relies on faster economic growth and steep cuts in a range of support programs for low-income individuals to balance the government's books over the next decade.

Hong Kong police arrest 21 Uber drivers in latest crackdown

Kelvin Chan, Associated Press  |  Posted   May 23rd - 1:46am

Hong Kong police launched a fresh crackdown Tuesday on Uber, arresting 21 drivers suspected of working for the ride-hailing giant in the Asian financial center.

South Korea's Park denies charges as corruption trial begins

Kim Tong-Hyung and Foster Klug, Associated Press  |  Posted   May 23rd - 1:33am

Former President Park Geun-hye denied corruption charges Tuesday at the start of a criminal trial that could potentially send South Korea's first female leader to prison for life.

Man dies after being sickened in apparent botulism outbreak

The Associated Press  |  Posted   May 23rd - 1:10am

A botulism outbreak linked to contaminated nacho-cheese dip sold at a Northern California gas station has killed one man and left at least nine other people hospitalized, health officials said.

Uncertainty grows as Trump delays a health care decision

Ricardo Alonso-Zaldivar, Associated Press  |  Posted   May 23rd - 1:00am

Uncertainty over the future of health care is growing deeper for millions of Americans who buy their own policies.

The Latest: Trump budget slashes safety-net programs

The Associated Press  |  Posted   May 22nd - 11:40pm

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

Rebel Wilson tells court Australian articles hurt her career

The Associated Press  |  Posted   May 22nd - 11:13pm

A tearful Rebel Wilson testified on Tuesday that a series of magazine articles published in Australia were a deliberate attack on her character and damaged her acting career.

Hasbro to hold first-ever convention for company's brands

The Associated Press  |  Posted   May 22nd - 10:10pm

From G.I. Joe to My Little Pony, toy maker Hasbro says it's holding the first-ever convention to bring all of its brands together.

Massive slide covers stretch of iconic California highway

The Associated Press  |  Posted   May 22nd - 9:34pm

A major new rockslide has buried a stretch of California's iconic Highway 1 in up to 40 feet of stone and dirt, the latest hit in a soggy winter of slides, floods and road closings along the winding Central California coast road, state transportation officials said Monday.

Sony chief promises profitability, but is short on specifics

Yuri Kageyama, Associated Press  |  Posted   May 22nd - 9:27pm

Sony's leader promised a comeback for the Japanese electronics and entertainment company having its best profitability in two decades.

Education secretary pushes school choice, gives no specifics

Maria Danilova, Associated Press  |  Posted   May 22nd - 8:56pm

The Trump administration is proposing "the most ambitious expansion" of school choice in American history, Education Secretary Betsy DeVos announced Monday while giving few details on how the program would work.

Asian shares drift as blast in Manchester rattles investors

Elaine Kurtenbach, Associated Press  |  Posted   May 22nd - 8:25pm

Asian shares were mostly higher in early trading Tuesday after police said they were treating an explosion in Manchester, England, that killed at least 19 people as a terror attack. Oil prices fell back after Monday's rally.

Budget seeks end to subsidized student loans, forgiveness

Maria Danilova, Associated Press  |  Posted   May 22nd - 7:43pm

The Trump administration is proposing to eliminate subsidized student loans and end student debt forgiveness for those who enter public service, according to a budget document released late Monday.