News  /  Biz  / 


DJIA 20960.13 -21.20
Nasdaq 6053.39 +4.45
S&P 500 2387.06 -1.71

Most Recent

General transportation strike brings much of Brazil to halt

Mauricio Savarese and Sarah Dilorenzo, Associated Press  |  Posted   Apr 28th - 8:36am

Public transport largely came to a halt across much of Brazil on Friday as protesters blocked roads and scuffled with police in a general strike to protest proposed changes to labor laws and the pension system.

Tillerson eyes cutting 2,300 jobs at State Department

Matthew Lee, Associated Press  |  Posted   Apr 28th - 8:20am

Secretary of State Rex Tillerson is proposing to eliminate 2,300 jobs as part of a plan to cut more than a quarter of the State Department's budget for the next fiscal year, officials said Friday. The plan will almost certainly meet resistance from lawmakers opposing President Donald Trump's proposal to shrink the size of the federal government.

The Latest: Montenegro's parliament ratifies NATO treaty

The Associated Press  |  Posted   Apr 28th - 8:10am

The Latest on Montenegro and NATO membership (all times local):

Indonesia, Philippines boost links, to launch sea patrols

The Associated Press  |  Posted   Apr 28th - 7:54am

The leaders of Indonesia and the Philippines pledged Friday to boost bilateral ties and launch maritime patrols of their sea border to prevent kidnappings.

Warren 'troubled' by report of Wall Street-paid Obama speech

The Associated Press  |  Posted   Apr 28th - 7:47am

U.S. Sen. Elizabeth Warren says she's "troubled" by reports that former President Barack Obama will be paid $400,000 to speak at a September health care conference put on by Wall Street firm Cantor Fitzgerald.

Apple cuts off payments, Qualcomm slashes expectations

The Associated Press  |  Posted   Apr 28th - 7:47am

Qualcomm slashed its profit expectations Friday by as much as a third after saying that Apple is refusing to pay royalties on technology used in the iPhone.

GM is motoring, profit spikes 34 pct on US truck, SUV sales

Tom Krisher, Associated Press  |  Posted   Apr 28th - 7:45am

Rising sales of high-profit trucks and SUVs in the U.S. helped push General Motors to a first-quarter profit record as the company put up $2.6 billion in net income.

US economic growth weakened to 0.7 percent in first quarter

Martin Crutsinger, Associated Press  |  Posted   Apr 28th - 7:45am

The U.S. economy turned in the weakest performance in three years in the January-March quarter as consumers sharply slowed their spending. The result underscores the challenge facing President Donald Trump in achieving his ambitious economic growth targets.

Senate confirms Alex Acosta as labor secretary

Laurie Kellman, Associated Press  |  Posted   Apr 28th - 7:45am

Alex Acosta has been confirmed as the nation's new labor secretary, filling out President Donald Trump's Cabinet as he approaches his 100th day in office.

US employment costs climbed steadily in first quarter

Matt Ott, Associated Press  |  Posted   Apr 28th - 7:34am

Wages and benefits paid to U.S. civilian workers grew steadily in the first three months of the year.

Italy arrests man with alleged links to Berlin terror cell

Frances D'Emilio, Associated Press  |  Posted   Apr 28th - 7:34am

Italian police said Friday they have arrested a Congolese man suspected being part of a Berlin-based terror cell and of having had contacts with the man who drove a truck into a Christmas market in the city, authorities said Friday.

Myrtle Beach considers how to deal with beachfront crime

The Associated Press  |  Posted   Apr 28th - 7:24am

Myrtle Beach, the city at the heart of South Carolina's $20 billion tourism industry, is trying to figure out how to deal with crime at beachfront businesses.

Chicago O'Hare security chief fired weeks after United flub

The Associated Press  |  Posted   Apr 28th - 7:24am

The head of security at Chicago's airports has been fired, just weeks after a passenger was dragged from a United Airlines plane by security officers at O'Hare International Airport.

UBS profits rise on higher trading, commission earnings

The Associated Press  |  Posted   Apr 28th - 7:24am

Swiss bank UBS has reported a near doubling in its first quarter net profit to 1.3 billion francs ($1.3 billion), as its wealth management and investment banking operations grew.

Trump won't get House OK of health bill before his 100th day

Alan Fram, Associated Press  |  Posted   Apr 28th - 6:53am

President Donald Trump seems destined to serve his 100th day in office without House passage of a major Republican health care bill or enactment of a budget financing the government for the rest of this year. But at least the government probably won't be shut down — for at least another week.

German airlines to scrap requirement for 2 people in cockpit

The Associated Press  |  Posted   Apr 28th - 6:50am

Germany's aviation association says the country's airlines have decide to scrap rules requiring two people in the cockpit at the same time, implemented after a Germanwings pilot is believed to have crashed his own plane in France two years ago.

Global stocks subdued amid Korea jitters, economic reports

Joe McDonald, Associated Press  |  Posted   Apr 28th - 6:34am

Global stock markets were subdued Friday amid renewed jitters over North Korea and conflicting signals from President Donald Trump about U.S. trade policy. In Europe, economic indicators showed a slowdown in Britain but a rise in eurozone inflation to healthier levels.

US economy grew just 0.7 percent in Q1, weakest showing in 3 years

The Associated Press  |  Posted   Apr 28th - 6:34am

US economy grew just 0.7 percent in Q1, weakest showing in 3 years.

Spain's economy keeps up positive run with Q1 growth

The Associated Press  |  Posted   Apr 28th - 6:23am

Spain's economy expanded by 0.8 percent in the first quarter, the National Institute of Statistics said Friday, keeping it as one of the fastest-growing in the European Union.