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Markets Right Now: Stocks slip following hiring slowdown

The Associated Press  |  Posted  May 6th - 10:01am

The Latest on Financial Markets (all times local):

Sumner Redstone competency trial set to begin in Los Angeles

Anthony McCartney, Associated Press  |  Posted  May 6th - 9:52am

A trial to determine whether the mental competency of Sumner Redstone will begin Friday morning with a judge hearing directly from the media mogul after months of speculation about his health.

Marchionne: Self-driving cars could be on roads in 5 years

Dee-Ann Durbin, Associated Press  |  Posted  May 6th - 9:52am

Fiat Chrysler CEO Sergio Marchionne says working with Google convinced him that self-driving technology is closer than he thought and could be on the road in five years.

KLM Airlines begins nonstop service from Utah to Amsterdam

The Associated Press  |  Posted  May 6th - 9:50am

KLM Royal Dutch Airlines will begin offering a nonstop flight between Salt Lake City and Amsterdam.

Intesa SanPaolo earnings slide on weaker trading, charges

The Associated Press  |  Posted  May 6th - 9:50am

Intesa SanPaolo CEO said Friday that the bank's contribution to a fund supporting weaker lenders in Italy will be capped at the €845 million euros ($966 million) already pledged.

Canadian convoy begins, hoping to flee wildfire zone

The Associated Press  |  Posted  May 6th - 9:42am

A massive convoy was underway Friday to move evacuees stranded at oil field camps north of fire-ravaged Fort McMurray, Alberta, through the community to safe areas south of the Canadian oil sands capital

ACLU: Annapolis firm fired woman for pregnancy

The Associated Press  |  Posted  May 6th - 9:40am

An Annapolis financial adviser says she was fired because she was pregnant.

Suit: Man 'cooked alive' by building's faulty heating system

The Associated Press  |  Posted  May 6th - 9:40am

An 82-year-old man was "cooked alive" by a faulty heating system in the senior apartment building where he lived, a family said in a lawsuit against the building's management company.

Black University of Illinois workers allege discrimination

The Associated Press  |  Posted  May 6th - 9:30am

University of Illinois officials are investigating discrimination claims by a group of black current and former university employees, including the discovery of a noose on a desk.

Allen Harim promotes new CEO from within

The Associated Press  |  Posted  May 6th - 9:10am

Allen Harim Foods' executive director has been promoted to lead the company following the departure of its CEO.

Herbalife says it's in advanced talks with FTC, shares soar

The Associated Press  |  Posted  May 6th - 9:00am

Shares of Herbalife surged more than 11 percent in early trading Friday after disclosing that it's in advanced talks to settle a federal investigation into claims that the company essentially operates as a pyramid scheme.

TOPS the priority as House lawmakers work on the budget

Melinda Deslatte, Associated Press  |  Posted  May 6th - 8:50am

As House lawmakers work to craft their version of next year's budget, House leaders say the main focus is on protecting the state's TOPS free college tuition program from cuts.

Agency: Bars can't ban pregnant women or refuse them drinks

Jennifer Peltz, Associated Press  |  Posted  May 6th - 8:41am

Pregnant women can't be kept out of New York City bars or refused alcoholic drinks just because they're expecting, under new city guidelines.

Amid FBI probe, Miami suburb verges on financial collapse

The Associated Press  |  Posted  May 6th - 8:40am

Amid an FBI corruption investigation, authorities say the Miami suburb of Opa-locka is teetering toward financial collapse.

Canadian billionaire sells majority stake in Adriatic marina

The Associated Press  |  Posted  May 6th - 8:40am

Canadian billionaire Peter Munk has sold his majority stake in Porto Montenegro, one of world's largest marinas for super yachts, to Dubai's sovereign wealth fund for a reported 200 million euros ($228 million).

Grain mostly higher, livestock mixed

The Associated Press  |  Posted  May 6th - 8:40am

Grain futures were mostly higher Friday in early trading on the Chicago Board of Trade.

Nevada company to pursue purchase of unfinished nuke

Jay Reeves, Associated Press  |  Posted  May 6th - 8:30am

A Nevada company said it will try to purchase an unfinished nuclear power plant from the Tennessee Valley Authority and use the site in northeast Alabama to produce electricity with new technology.

Tampa Bay Times' paper buy latest in grim news landscape

Tamara Lush, Associated Press  |  Posted  May 6th - 8:00am

If a metro area with 2.7 million people can't sustain two newspapers — especially with an aging population with the time and inclination to read a printed paper — can anywhere?

US employers added 160K jobs in April; jobless rate 5 pct.

Christopher S. Rugaber, Associated Press  |  Posted  May 6th - 7:51am

U.S. employers pulled back on hiring in April, adding 160,000 jobs, the fewest in seven months, after a streak of robust monthly gains. The unemployment rate remained at a low 5 percent, roughly where it has been since fall.