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China announces goal of AI leadership by 2030

Joe McDonald, Associated Press  |  Posted   Jul 21st - 12:06am

China's government has announced a goal of becoming a global leader in artificial intelligence in just over a decade, putting political muscle behind growing investment by Chinese companies in developing self-driving cars and other advances.

Scaramucci under consideration for top White House job

Jill Colvin and Jonathan Lemire, Associated Press  |  Posted   Jul 20th - 11:50pm

New York financier Anthony Scaramucci is under consideration to join the Trump administration as communications director.

What drug-dealing 'darknet' sites have in common with eBay

Anick Jesdanun, Associated Press  |  Posted   Jul 20th - 10:53pm

AlphaBay, the now-shuttered online marketplace that authorities say traded in illegal drugs, firearms and counterfeit goods, wasn't all that different from any other e-commerce site, court documents show.

Cops wage psychological warfare against online drug bazaars

Raphael Satter and Frank Bajak, Associated Press  |  Posted   Jul 20th - 10:21pm

In an innovative blow to illicit internet commerce, cyberpolice shut down the world's leading "darknet" marketplace — then quietly seized a second bazaar to amass intelligence on illicit drug merchants and buyers.

Asian shares meander as ECB, BOJ hold monetary policy steady

Yuri Kageyama, Associated Press  |  Posted   Jul 20th - 10:12pm

Asian shares were mixed Friday in muted trading after the European Central Bank announced no changes to its stimulus policies.

AP Explains: What are Trump's options in Venezuela?

Michael Weissenstein, Associated Press  |  Posted   Jul 20th - 9:49pm

The Trump administration is threatening to take "strong and swift economic actions" if Venezuelan President Nicolas Maduro proceeds with his plan to rewrite the nation's constitution and consolidate power over the few remaining institutions outside the control of the ruling party. A senior administration official said this week that "all options are being discussed and debated," implying that Trump could use Venezuela's dependence on oil exports to the U.S. as a means of pressuring Maduro to halt the July 30 constitutional assembly.

The Latest: Venezuela UN diplomat calls on Maduro to resign

The Associated Press  |  Posted   Jul 20th - 9:49pm

The Latest on Venezuela's political crisis and the opposition's general strike (all times local):

Homeland security secretary says ports a terrorism priority

Michael Balsamo, Associated Press  |  Posted   Jul 20th - 8:24pm

Security at shipping ports around the U.S., including testing containers and vessels for biological and radiological hazards, is a top priority to preventing terrorism, U.S. Homeland Security Secretary John Kelly said Thursday.

China's 'intervention' not main culprit in US trade deficit

Joe McDonald, Associated Press  |  Posted   Jul 20th - 8:17pm

Is the outsize role played by China's government in its economy to blame for its multibillion-dollar trade surpluses with the United States?

GOP leaders plan Tuesday health vote, it's an uphill climb

Alan Fram, Associated Press  |  Posted   Jul 20th - 8:11pm

Republican leaders pushed toward a Senate vote next Tuesday on resurrecting their nearly flat-lined health care bill. Their uphill drive was further complicated by the ailing GOP Sen. John McCain's potential absence and a dreary report envisioning that the number of uninsured Americans would soar.

The Latest: Health care bill set for vote faces uphill climb

The Associated Press  |  Posted   Jul 20th - 8:01pm

The Latest on the Republican effort to repeal the Obama health law (all times local):

Brazilian judge seizes $2.8 million in Silva's pension funds

Mauricio Savarese, Associated Press  |  Posted   Jul 20th - 7:20pm

A judge in Brazil on Thursday ordered the seizure of more than $2.8 million in pension funds from former President Luiz Inacio Lula da Silva in connection with his corruption conviction.

IMF approves conditional $1.8 billion loan to Greece

Paul Wiseman, Associated Press  |  Posted   Jul 20th - 6:30pm

The International Monetary Fund's board on Thursday approved a $1.8 billion loan to Greece — but will only release the money if the country gets debt relief from its European creditors.

Cops wage psychological warfare against online drug bazaars

Raphael Satter and Frank Bajak, Associated Press  |  Posted   Jul 20th - 5:51pm

In an innovative blow to illicit internet commerce, cyberpolice shut down the world's leading "darknet" marketplace — then quietly seized a second bazaar to amass intelligence on illicit drug merchants and buyers.

US says ban on laptops in airplane cabins has been lifted

David Koenig, Associated Press  |  Posted   Jul 20th - 5:40pm

The ban on laptops in the cabins of planes flying from the Middle East to the U.S. is over, as federal officials say that large airports in the region have taken other steps to increase security.

Exxon fined $2M for Tillerson-era breach of Russia sanctions

Josh Lederman and Matthew Lee, Associated Press  |  Posted   Jul 20th - 5:10pm

Exxon Mobil Corp. must pay a $2 million fine for showing "reckless disregard" for U.S. sanctions on Russia while Secretary of State Rex Tillerson was the oil giant's CEO, the Treasury Department said Thursday. Exxon sued the U.S. government to stop the fine.

Microsoft 4Q gets boost from cloud computing

The Associated Press  |  Posted   Jul 20th - 4:51pm

Microsoft's cloud computing business helped boost its fourth-quarter revenue and earnings above Wall Street's expectations, further validating a strategy pushed by CEO Satya Nadella since he took over in 2014.

Battering rams of the Arctic: icebreakers, explained

Frank Jordans, Associated Press  |  Posted   Jul 20th - 4:38pm

When ice floes stretch to the horizon in the Arctic Circle, threatening to strand normal ships, icebreakers are in their element.

Alexa, turn up my Kenmore AC; Sears cuts a deal with Amazon

The Associated Press  |  Posted   Jul 20th - 4:11pm

Sears will begin selling its appliances on Amazon.com, including smart appliances that can be synced with Amazon's voice assistant, Alexa.

Visa's third-quarter profit beats expectations

Ken Sweet, Associated Press  |  Posted   Jul 20th - 3:52pm

Payment processing giant Visa said its fiscal third-quarter profit rose sharply from a year earlier, following its purchase of Visa Europe.