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Eurozone deficit down at lowest level since early 2008

The Associated Press  |  Posted   Apr 25th - 3:10am

Following years of often strict budget austerity, the level of government borrowing in the 19-country eurozone has fallen to its lowest level since early 2008.

Smugglers become a lifeline for the starving in South Sudan

Sam Mednick, Associated Press  |  Posted   Apr 25th - 2:53am

Sadiq Mohammed climbs into the cab of a truck that looks more like a nightclub than a smuggler's perch. Red and yellow tassels dangle from the ceiling, while tapestry drapes much of the windshield. He switches on the electric fan above his head and nestles into the front seat, which he's fitted with a more comfortable lawn chair.

UK's Labour pledges new Brexit strategy if it wins election

The Associated Press  |  Posted   Apr 25th - 2:51am

Britain's opposition Labour Party said Tuesday that it will tear up the government's negotiating plan for Brexit and guarantee all European Union citizens in the U.K. the right to stay if it wins the June 8 national election.

Trump's Mar-a-Lago loses State Department promotion posting

Julie Bykowicz, Associated Press  |  Posted   Apr 25th - 2:11am

The State Department has removed its promotional posting about President Donald Trump's Florida resort, after a storm of ethics criticism.

A budget deficit challenge for Trump's tax plan

Josh Boak and Stephen Ohlemacher, Associated Press  |  Posted   Apr 25th - 2:11am

President Donald Trump plans to stick with his campaign pledge to slash the corporate tax rate from 35 percent to 15 percent, but the dramatic cut raises a problematic question for the White House: How can the president deliver the "massive" tax cut he promised without also blowing a massive hole in the budget?

LVMH to consolidate hold on Dior in multibillion-euro deal

The Associated Press  |  Posted   Apr 25th - 2:10am

The magnate behind the LVMH luxury empire is seeking to strengthen control over Christian Dior in a multibillion-dollar deal combining the fashion industry heavyweights.

Study: Trump's hardball tactic on health care may backfire

Ricardo Alonso-Zaldivar, Associated Press  |  Posted   Apr 25th - 1:54am

Going into this week's federal budget battle, the White House toyed with a hardball tactic to force congressional Democrats to negotiate on President Donald Trump's priorities.

Trump touts executive orders he once lambasted

Jonathan Lemire and Jill Colvin, Associated Press  |  Posted   Apr 25th - 1:44am

President Donald Trump will mark the end of his first 100 days in office with a flurry of executive orders, looking to fulfill campaign promises and rack up victories ahead of that milestone by turning to a presidential tool he once derided. But Trump's frequent use of the executive order points to his struggles getting legislation though a Congress controlled by his own party and few of the orders themselves appear to deliver the sweeping changes the president has promised.

Trump's 100-days promises: Fewer than half carried out

Jill Colvin and Calvin Woodward, Associated Press  |  Posted   Apr 25th - 1:44am

Sure enough, the big trans-Pacific trade deal is toast, climate change action is on the ropes and various regulations from the Obama era have been scrapped. It's also a safe bet President Donald Trump hasn't raced a bicycle since Jan. 20, keeping that vow.

Ivanka Trump advocates for women, girls in trip to Berlin

The Associated Press  |  Posted   Apr 25th - 1:44am

Ivanka Trump is in Berlin on her first international outing as a White House adviser, where she will join German Chancellor Angela Merkel to discuss ways to encourage women's economic empowerment.

Companies decry Trump plan to eliminate Energy Star program

Matthew Daly, Associated Press  |  Posted   Apr 25th - 1:25am

More than 1,000 U.S. companies, including some of the nation's largest manufacturers, are urging Congress to preserve the 25-year-old Energy Star program to promote efficiency in home and business products.

Gov't shutdown, health bill rescue at stake in Congress

Alan Fram and Andrew Taylor, Associated Press  |  Posted   Apr 25th - 1:25am

Bipartisan bargainers are making progress toward a budget deal to prevent a partial federal shutdown this weekend, a major hurdle overcome when President Donald Trump signaled he would put off his demand that the measure include money to build his border wall with Mexico.

Swiss drugs giant Novartis posts 15 percent drop in 1Q net

The Associated Press  |  Posted   Apr 25th - 1:00am

Swiss pharmaceuticals group Novartis says net income fell 15 percent in the first quarter, as it continued to adjust to generic competition for its Gleevec leukemia drug and stopped work on a hoped-for treatment for heart failure.

Trump's 100-days promises: A long way to go on most of them

Jill Colvin and Calvin Woodward, Associated Press  |  Posted   Apr 25th - 12:22am

Sure enough, the big trans-Pacific trade deal is toast, climate change action is on the ropes and various regulations from the Obama era have been scrapped. It's also a safe bet President Donald Trump hasn't raced a bicycle since Jan. 20, keeping that vow.

Asia tracks French election rally; weak yen lifts Tokyo

Elaine Kurtenbach, Associated Press  |  Posted   Apr 24th - 11:44pm

Shares are higher in Asia, tracking the rally sparked by the outcome of France's vote. Hopes for U.S. tax reform and a compromise on the U.S. budget deadline also lifted sentiment. Japan's benchmark gained as the dollar remained near the 110 yen level, helping shares of exporters.

Toy given to police officer as safety talisman gets to Ohio

The Associated Press  |  Posted   Apr 24th - 10:57pm

Police in Ohio have received a stuffed toy given by a child to a Pennsylvania police officer to help keep him safe.

Clarification: China-Auto Show-GM story

The Associated Press  |  Posted   Apr 24th - 10:52pm

In a story April 22, The Associated Press reported that General Motors Co. expects annual sales of electric vehicles to reach 150,000 by 2020 and possibly surpass 500,000 by 2025. Those figures include GM's Buick, Cadillac and Chevrolet brands but not the Baojun brand made by its SAIC-GM-Wuling Automobile joint venture, for which it says a forecast will be announced later.

Last words haunt surviving teen's sentencing in fatal fire

Carolyn Thompson, Associated Press  |  Posted   Apr 24th - 10:34pm

In the last moments of his 14-year life, Joe Phillips dialed his friend's cellphone, cursing in panic. He was trapped by flames that had gotten out of control during what had been a summer afternoon of mischief inside a vacant building.

Wells Fargo to face irritated shareholders at annual meeting

Ken Sweet, Associated Press  |  Posted   Apr 24th - 10:17pm

Wells Fargo's top management and board of directors will face irritated investors Tuesday for the first big shareholder meeting since the scandal over the bank's sales practices led to an executive shake-up, fines and a dented reputation.