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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.

Eurozone economic growth rate unexpectedly doubles

Pan Pylas, Associated Press  |  Posted  Apr 29th - 3:41am

The eurozone economy has finally recouped all the ground lost in the recessions of the past eight years after official figures Friday showed that the 19-country single currency bloc expanded by a quarterly rate of 0.6 percent in the first three months of the year.

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.

Doubts about honesty led to university chancellor's removal

Lisa Leff, Associated Press  |  Posted  Apr 29th - 3:20am

University of California President Janet Napolitano felt compelled to remove the chancellor of UC Davis after documents contradicted the campus leader's contention that she did not have any dealings with contractors that were hired to bolster the school's image online, a university spokeswoman said.

Eurozone economy grew by strong 0.6 percent in Q1; inflation in April falls to -0.2 percent

The Associated Press  |  Posted  Apr 29th - 3:10am

Eurozone economy grew by strong 0.6 percent in Q1; inflation in April falls to -0.2 percent.

Shipping containers offer welcome homes in Phoenix

Terry Tang, Associated Press  |  Posted  Apr 29th - 2:51am

A stack of shipping containers sitting in a lot in an industrial section of Phoenix has some developers thinking inside the box.

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

Erik Schelzig, Associated Press  |  Posted  Apr 29th - 2:00am

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

Spanish economy keeps up growth with 0.8 percent in Q1

The Associated Press  |  Posted  Apr 29th - 1:50am

Official figures show the Spanish economy grew by 0.8 percent in the first quarter compared with the previous three months, its 11th consecutive growth figure.

Arizona House adding school cash to break budget stalemate

Bob Christie, Associated Press  |  Posted  Apr 29th - 1:40am

An Arizona House committee appeared poised to add millions in spending for K-12 education to break a stalemate that stalled a budget deal for several days as it prepared to work into the early hours Friday.

AstraZeneca says it will cut costs

The Associated Press  |  Posted  Apr 29th - 1:40am

Anglo-Swedish drugmaker AstraZeneca says first-quarter earnings fell 12 percent as it announced plans to cut costs so it can devote more resources to cancer drugs.

Italian oil giant Eni swings to 1Q loss

The Associated Press  |  Posted  Apr 29th - 1:10am

Italian gas and oil giant Eni says it lost 792 million euros ($901 million) in the first quarter on sharply weaker commodity prices.

Australia blocks farm sale to Chinese over national interest

Rod McGuirk, Associated Press  |  Posted  Apr 29th - 1:10am

Citing national interest, the Australian government on Friday blocked a Chinese-led consortium from buying the nation's largest private land holding, a collection of Outback cattle ranches bigger than South Korea.

The Latest: House adding education cash to break stalemate

The Associated Press  |  Posted  Apr 29th - 12:30am

The Latest on action on an Arizona budget proposal (all times local):

Sanofi profits stable, strong sales in emerging markets

The Associated Press  |  Posted  Apr 29th - 12:20am

Sanofi says drugs sales in emerging markets helped keep its profits stable in the first quarter despite losses caused by Venezuela's collapsing currency.

Lawsuit claims discrimination at the New York Times

The Associated Press  |  Posted  Apr 28th - 11:12pm

Two women who work in the advertising department at The New York Times have filed a federal discrimination lawsuit against the newspaper, its chief executive and chief revenue officer.

California seeks $90 million from utility over wildfire

Janie Har, Associated Press  |  Posted  Apr 28th - 10:50pm

California officials say they will seek more than $90 million in firefighting costs from Pacific Gas & Electric Co. after finding that a deadly 2015 fire was sparked by a tree that came into contact with a power line.

UK company fined for misleading Australians over painkillers

Kristen Gelineau, Associated Press  |  Posted  Apr 28th - 10:20pm

An Australian court ordered a British consumer goods company on Friday to pay 1.7 million Australian dollars ($1.3 million) in penalties after ruling that the company misled consumers about the effectiveness of a popular painkiller.

Proposed rule would delay questions about criminal history

Kevin Freking, Associated Press  |  Posted  Apr 28th - 10:12pm

The Obama administration is proposing a rule that would prohibit federal agencies from asking certain job applicants questions about criminal and credit history until a conditional offer of employment has been made.