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Daimler profits double on sales of Mercedes E-class, SUVs

David McHugh, Associated Press  |  Posted   Apr 26th - 2:03am

German automaker Daimler AG says net profit doubled in the first three months of the year as the new version of the company's Mercedes-Benz E-Class sedan and its SUV lineup boosted sales.

Different president, same old government shutdown threats

Erica Werner, Associated Press  |  Posted   Apr 26th - 1:44am

There's an unconventional new president in the White House. And the Republicans now have a new lock on both ends of Washington's Pennsylvania Avenue. But the capital city is still up to its old gridlock tricks.

Some high plains farmers struggling after fires, drought

Dan Elliott, Associated Press  |  Posted   Apr 26th - 1:33am

Deep snow is melting into Western mountain streams, but some farmers and ranchers on the high plains are struggling amid a lengthy dry spell and the aftermath of destructive wildfires.

Asian stocks climb on hopes for US tax cuts, budget deal

Youkyung Lee, Associated Press  |  Posted   Apr 26th - 1:22am

Shares rose in Asia on Wednesday after hopes for tax cuts by President Donald Trump drove record-breaking gains overnight on Wall Street.

Trump's constant tweeting isn't lifting Twitter's profit

Barbara Ortutay, Associated Press  |  Posted   Apr 26th - 1:22am

You'd think Twitter would be able to milk its status as President Donald Trump's megaphone. But the company still faces stagnant user growth, has never made a profit and may even report a quarterly revenue decline Wednesday, a first since going public.

Credit Suisse to raise $4B in share issue as 1Q reaps profit

The Associated Press  |  Posted   Apr 26th - 12:30am

Swiss bank Credit Suisse has reported a return to profit in its first quarter, while announcing plans to raise about 4 billion Swiss francs by issuing new shares in the coming weeks.

US missile system claims another victim: Hyundai Motor

Youkyung Lee, Associated Press  |  Posted   Apr 26th - 12:21am

Hyundai Motor Co. reported Wednesday more than a 20 percent drop in its first quarter profit as the anti-Korean sentiment in China sparked by the deployment of the U.S. missile defense system battered the Korean carmakers' sales in its biggest auto market.

China launches 1st domestically-made aircraft carrier

Christopher Bodeen, Associated Press  |  Posted   Apr 25th - 10:45pm

China has launched its first aircraft carrier built entirely on its own, in a demonstration of the growing technical sophistication of its defense industries and determination to safeguard its maritime territorial claims and crucial trade routes.

Internet firms winding up for a fight on 'net neutrality'

Tali Arbel, Associated Press  |  Posted   Apr 25th - 10:16pm

Internet companies are readying for a showdown with telecoms and a Republican-controlled government over a policy near and dear to their hearts: net neutrality.

Cuba weathers storm in Venezuela but future looks uncertain

Michael Weissenstein, Associated Press  |  Posted   Apr 25th - 10:14pm

Refineries have gone dark. Gas rations have been slashed for hundreds of thousands of state workers. Construction materials are nearly impossible to find.

Watchdog says ASEAN must stand vs. killings in Philippines

The Associated Press  |  Posted   Apr 25th - 10:13pm

An international human rights watchdog is calling on Southeast Asian leaders to take a stand against the Philippines' war on drugs that has left thousands dead under President Rodrigo Duterte, the host of this week's regional summit.

Asian stocks climb on hopes for US tax cuts, budget deal

Youkyung Lee, Associated Press  |  Posted   Apr 25th - 9:52pm

Shares rose in Asia on Wednesday after hopes for tax cuts by U.S. President Donald Trump drove record-breaking gains overnight on Wall Street

WTO ruling favors Mexico in US 'dolphin-safe' tuna spat

The Associated Press  |  Posted   Apr 25th - 9:31pm

The World Trade Organization ruled Tuesday that Mexico's tuna industry has been harmed by U.S. "dolphin-safe" labeling rules and says the country can seek retaliatory measures worth hundreds of millions of dollars.

New York rush hour commuters hit by train delays

The Associated Press  |  Posted   Apr 25th - 9:20pm

Double mishaps at Penn Station in New York City caused massive morning and evening rush hour delays and service disruptions.

GOP drops US-Mexico wall demands as spending talks advance

Andrew Taylor and Alan Fram, Associated Press  |  Posted   Apr 25th - 8:42pm

Congressional negotiators on Tuesday inched toward a potential agreement on a catchall spending bill that would deny President Donald Trump's request for immediate funding to construct a wall along the Mexico border. The emerging measure would increase the defense budget and eliminate the threat of a government shutdown on Trump's 100th day in office this Saturday.

Chinese state media say China has launched its 2nd aircraft carrier and 1st domestically built

The Associated Press  |  Posted   Apr 25th - 8:30pm

Chinese state media say China has launched its 2nd aircraft carrier and 1st domestically built.

Canadian leader responds to lumber tariffs imposed by the US

Charmaine Noronha, Associated Press  |  Posted   Apr 25th - 8:22pm

Prime Minister Justin Trudeau warned Tuesday that Canada and the U.S. could suffer a "thickening" border as the Trump administration imposes new tariffs on softwood lumber and trade tensions between the two countries escalate.

Lawsuit filed against Fox alleges racial discrimination

David Bauder, Associated Press  |  Posted   Apr 25th - 8:03pm

An expanded lawsuit filed Tuesday accuses Fox News Channel of racial discrimination "that appears more akin to Plantation-style management than a modern-day work environment."

Police, indigenous in Brazil clash with tear gas and spears

Peter Prengaman, Associated Press  |  Posted   Apr 25th - 7:41pm

Brazilian military police in front of Congress hurled tear gas at thousands of indigenous protesters, who responded by throwing spears and shooting arrows as a peaceful demonstration turned into chaos Tuesday.

Judge blocks Trump threat to withhold 'sanctuary city' funds

Sudhin Thanawala, Associated Press  |  Posted   Apr 25th - 7:05pm

A federal judge on Tuesday blocked President Donald Trump's attempt to withhold funding from "sanctuary cities" that do not cooperate with U.S. immigration officials, saying the president has no authority to attach new conditions to federal spending.