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American Express 2Q profits rise 9%, beating expectations

Ken Sweet, Associated Press  |  Posted Jul 19th - 6:45am

American Express posted a 9% gain in second-quarter profits on Friday, helped by more of its cardmembers carrying a credit card balance and increased spending on its namesake cards.

Bulgarian lawmakers seal deal to buy 8 new F-16s from US

The Associated Press  |  Posted Jul 19th - 6:40am

Bulgaria's parliament has approved the purchase of eight new American fighter jets as part of a plan to replace the Balkan country's aging Soviet-built jets and to bring its air force in line with NATO standards.

Volkswagen plant in Chattanooga hires new CEO

The Associated Press  |  Posted Jul 19th - 6:20am

A Volkswagen plant in Tennessee is getting a new chief executive who in the coming months will work on an $800 million expansion and oversee two vehicle launches.

Trump's harsh words on 'squad' reinforce dark posts online

Jill Colvin and Amanda Seitz, Associated Press  |  Posted Jul 19th - 6:04am

Long before President Donald Trump turned up the heat on four Democratic congresswomen of color, saying they should "go back" to their home countries, hateful rhetoric and disinformation about the self-described squad was lurking online.

American Express 2Q profit jumps 8%

The Associated Press  |  Posted Jul 19th - 6:02am

American Express is reporting a profit hike of more than 8% from the second-quarter.

Pakistan's ex-finance minister gets bail in corruption case

The Associated Press  |  Posted Jul 19th - 5:16am

A defense lawyer in Pakistan says a former finance minister has been granted a week's bail in a corruption case involving natural gas imports.

The Latest: Merkel: Britain will "find its way" on Brexit

The Associated Press  |  Posted Jul 19th - 4:54am

The Latest on Britain's impending departure from the European Union (all times local):

Budweiser brewer sells Australian unit to pay off debt

The Associated Press  |  Posted Jul 19th - 4:37am

AB Inbev, the world's biggest brewer with brands like Budweiser and Corona, said Friday it is selling its unit in Australia to reduce debt after it decided against listing shares in Asia.

New Zealand leader says US lacks interest in Asia-Pacific

The Associated Press  |  Posted Jul 19th - 4:08am

The United States is losing interest in the Asia-Pacific region, New Zealand's prime minister said on Friday, as concerns grow about China's expanding influence.

China calls on US to 'correct' Iran sanctions

The Associated Press  |  Posted Jul 19th - 4:01am

China urged Washington on Friday to "correct" sanctions imposed on Chinese companies accused of helping Iran acquire materials for its nuclear program.

Former South African leader abandons graft testimony for now

Mogomotsi Magome, Associated Press  |  Posted Jul 19th - 3:38am

Former South African president Jacob Zuma on Friday abandoned his testimony to a state commission probing graft allegations against him, asserting that he was being treated unfairly. But a deal was quickly reached for him to return at some point in the future.

UK lawmakers warn citizens' rights at risk in no-deal Brexit

The Associated Press  |  Posted Jul 19th - 2:46am

British lawmakers were meeting with the European Union's chief Brexit negotiator on Friday, seeking an iron-clad guarantee that the 1.3 million U.K. citizens in the bloc won't have their rights removed and their lives disrupted if Britain leaves the EU without a deal.

Oil price rises on Mideast tensions, stock markets cautious

Elaine Kurtenbach, Associated Press  |  Posted Jul 18th - 11:24pm

The price of oil rose on Friday after the U.S. said it had destroyed an Iranian drone near the Persian Gulf, where a lot of the world's oil is shipped through. Stock markets were largely stable as investors monitor earnings and the ongoing trade talks between China and the U.S.

Trump picks son of late Justice Scalia for labor secretary

Jill Colvin, Associated Press  |  Posted Jul 18th - 10:48pm

President Donald Trump has selected lawyer Eugene Scalia, the son of the late Supreme Court Justice Antonin Scalia, to be his new labor secretary.

Judge weighs new Motel 6 settlement in immigration lawsuit

The Associated Press  |  Posted Jul 18th - 10:32pm

A revised settlement for Motel 6 guests who say the national chain invaded their privacy by giving their information to immigration authorities is returning to court for a judge's review.

The Latest: New mid-engine Corvette starts under $60,000

The Associated Press  |  Posted Jul 18th - 9:44pm

The Latest on the introduction of the new mid-engine Chevrolet Corvette: (all times local):

Corvette goes mid-engine for first time to raise performance

Tom Krisher, Associated Press  |  Posted Jul 18th - 9:17pm

When you first lay eyes on the new 2020 Corvette, a modern version of the classic American sports car isn't the first thing that pops into your head.

South Korean dies from self-immolation near Japan's embassy

Hyung-Jin Kim, Associated Press  |  Posted Jul 18th - 8:34pm

A 78-year-old South Korean man died hours after setting himself ablaze near the Japanese Embassy in Seoul on Friday, police said, at a time of worsening tensions between Seoul and Tokyo.

Japan summons SKorean envoy to protest wartime labor dispute

Mari Yamaguchi, Associated Press  |  Posted Jul 18th - 8:16pm

Japan's foreign minister on Friday summoned South Korea's ambassador and accused Seoul of violating international law by refusing to join in an arbitration panel to settle a dispute over World War II forced labor.