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US trade deficit in March smallest in 16 months

Martin Crutsinger, Associated Press  |  Posted  May 4th - 8:00am

The U.S. trade deficit fell in March to the lowest level in 16 months as imports plunged by the largest amount since the depths of the recession seven years ago.

US productivity shrinks again in first quarter

Martin Crutsinger, Associated Press  |  Posted  May 4th - 8:00am

The productivity of American workers fell again in the first three months of the year, while labor costs for employers rose at the fastest pace in more than a year.

Nurses, anesthetists authorize strike at Indiana Regional

The Associated Press  |  Posted  May 4th - 7:50am

A union representing registered nurses and anesthetists has voted in favor of striking at the Indiana Regional Medical Center in western Pennsylvania.

Markets Right Now: Stocks open lower on Wall Street

The Associated Press  |  Posted  May 4th - 7:50am

The Latest on developments in financial markets (all times local):

Germany raises tax income forecast, bolstering budget plans

The Associated Press  |  Posted  May 4th - 7:50am

Germany has raised its forecast for government tax income thanks to a healthy economy and low unemployment, bolstering its insistence that it can continue to avoid running up new debt.

Mining company's stock dives as Brazil sues in dam tragedy

Danica Kirka and Barry Hatton, Associated Press  |  Posted  May 4th - 7:50am

Shares in miner BHP Billiton tumbled after Brazil's federal prosecutor launched a $43 billion civil suit for a dam break that killed 19 people and caused the worst environmental disaster in the country's history.

Feds end probe into Bowling Green police minority hiring

The Associated Press  |  Posted  May 4th - 7:40am

The U.S. Justice Department has told city officials in Bowling Green, Kentucky, it has ended its investigation into minority hiring practices at the city's police department.

Survey: US businesses add jobs at slowest pace in 3 years

Christopher S. Rugaber, Associated Press  |  Posted  May 4th - 7:30am

U.S. companies added jobs at the slowest pace in three years in April, a private survey found, a sign that slower growth and volatile financial markets could weigh on hiring.

Airbus advises rotor checks of Norway helicopter crash model

Matti Huuhtanen, Associated Press  |  Posted  May 4th - 7:21am

Airbus Helicopters, the manufacturer of the EC-225LP helicopter that crashed in western Norway last week, killing all 13 people on board, has sent an advisory to all customers using the same Airbus model to inspect the suspension bars and fittings of the main rotor, which came loose from the aircraft just before it crashed on a tiny island, the company.

Independent Algerian paper faces closure threat

The Associated Press  |  Posted  May 4th - 7:11am

Independent Algerian newspaper El Khabar is facing likely closure after the government cracked down on its ad revenue and challenged its pending sale in court.

Operator’s Mobile Commerce Trend Report Reveals Moms Feel They Need to Be Involved in Gifting to Avoid Feeling Unappreciated o

Operator, Associated Press  |  Posted  May 4th - 7:10am

and the statistics are surprising.

Severe turbulence injures 32 on Etihad flight to Indonesia

Adam Schreck, Associated Press  |  Posted  May 4th - 7:10am

Thirty-one passengers and a crew member aboard an Etihad Airways flight were injured Wednesday when their plane ran into sudden turbulence as it prepared to land in the Indonesian capital, Jakarta.

European court OKs crackdown on e-cigarettes, packaging

The Associated Press  |  Posted  May 4th - 6:40am

The European Union's top court dealt a blow to the tobacco industry Wednesday by approving sweeping new rules that will require plain cigarette packs, ban menthol cigarettes and regulate the growing electronic cigarette market.

Imports tumbled in March, sending US trade deficit to lowest level since 2014

The Associated Press  |  Posted  May 4th - 6:40am

Imports tumbled in March, sending US trade deficit to lowest level since 2014.

US productivity fell again in Q1, while rising wages pushed labor costs higher

The Associated Press  |  Posted  May 4th - 6:40am

US productivity fell again in Q1, while rising wages pushed labor costs higher.

Greece rules out "what if" austerity measures sought by IMF

The Associated Press  |  Posted  May 4th - 6:10am

Greece will not approve contingency savings measures that the International Monetary Fund is demanding in case the country does not meet budget targets set out by bailout lenders, an official said Wednesday.

The Latest: Detroit schools opening after teacher sick-out

The Associated Press  |  Posted  May 4th - 6:00am

The Latest on Detroit's financially struggling schools, which saw teacher sick-outs this week (all times local):

Low oil prices, freight rates hit Maersk group's profits

The Associated Press  |  Posted  May 4th - 5:20am

Low oil prices and freight rates weighed on profits at Danish shipping and energy group A.P. Moller-Maersk, though not as sharply as analysts had feared.

ROLI Raises $27 Million Series B Led by Foundry Group to Globally Expand Its Connected Music Ecosystem

Roli, Associated Press  |  Posted  May 4th - 5:10am

including the celebrated Seaboard RISE — to music-makers around the world.