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Incoming Peru president a political novice facing tough odds

Franklin Briceno and Christine Armario, Associated Press  |  Posted   Mar 22nd - 10:09pm

The man due to become Peru's next president has scarce experience governing but is known as a consensus builder who might have a shot at bridging divides after one of the most-bitter political crises in the Andean nation's recent history.

Steve Wynn no longer has stock in Wynn Resorts

Regina Garcia Cano, Associated Press  |  Posted   Mar 22nd - 10:08pm

Once a Las Vegas titan, Steve Wynn no longer has any stock in Wynn Resorts after selling on Thursday the remainder of his stake in the company he founded in 2002 and with which he built opulent casino-resorts in the nation's gambling mecca and abroad.

US Postal Service to unveil Mister Rogers postage stamp

The Associated Press  |  Posted   Mar 22nd - 10:04pm

It's a beautiful day to honor Mister Rogers with a postage stamp.

Sen. Paul smacks at budget deal again, this time via tweets

Alan Fram, Associated Press  |  Posted   Mar 22nd - 9:56pm

When we last left off, an irked Sen. Rand Paul was blasting what he considered a bloated budget bill on the Senate floor. For hours, he forced Congress to delay passage until the federal government — briefly and imperceptibly — shut its doors.

The Latest: Budget bill blocked by forest naming dispute

The Associated Press  |  Posted   Mar 22nd - 9:48pm

The Latest on Congress and a $1.3 trillion government spending bill (all times local):

China may hike tariffs on US pork, aluminum, other goods

Joe McDonald, Associated Press  |  Posted   Mar 22nd - 9:29pm

China announced a $3 billion list of U.S. goods including pork, apples and steel pipe on Friday that it said may be hit with higher tariffs in a spiraling trade dispute with President Donald Trump that companies and investors worry could depress global commerce.

Trump pauses looming metal tariffs for close US allies

Kevin Freking, Associated Press  |  Posted   Mar 22nd - 9:24pm

The European Union, Australia, Argentina, Brazil, South Korea, Canada and Mexico will get initial exemptions from looming steel and aluminum tariffs from the Trump administration. President Donald Trump authorized the exemptions late Thursday night.

The Latest: US exempts allies from steel, aluminum tariffs

The Associated Press  |  Posted   Mar 22nd - 9:21pm

The Latest on U.S.-China trade (all times local):

Asian shares slump on fears of trade war between US, China

Kelvin Chan, Associated Press  |  Posted   Mar 22nd - 9:04pm

Asian stock markets slumped Friday after Beijing responded to the Trump administration's tariff hikes by saying it may order higher import duties on a range of U.S. goods, ratcheting up fears of a trade war.

911 calls: Police fast on scene of Florida bridge collapse

Freida Frisaro and Jennifer Kay, Associated Press  |  Posted   Mar 22nd - 8:38pm

Police and rescue workers arrived at the scene of a pedestrian bridge collapse near a Florida university campus even before witnesses could finish making 911 calls for help, according to audio files released Thursday.

Weather Channel sold to independent studio, distributor

Lynn Elber, Associated Press  |  Posted   Mar 22nd - 8:02pm

The Weather Channel is under new ownership.

NKorean sanctions evasions reveal Hong Kong's middleman role

Kelvin Chan, Associated Press  |  Posted   Mar 22nd - 7:52pm

In the dead of night last month, two tanker ships pulled alongside each other in the East China Sea. One was a North Korean vessel, the other was the Belize-flagged Wan Heng 11.

Trump orders huge tariffs on China, raises trade war worries

Ken Thomas and Paul Wiseman, Associated Press  |  Posted   Mar 22nd - 7:40pm

Primed for economic combat, President Donald Trump set in motion tariffs on as much as $60 billion in Chinese imports to the U.S. on Thursday and accused the Chinese of high-tech thievery, picking a fight that could push the global heavyweights into a trade war.

Venezuela president solution to inflation: Change money

The Associated Press  |  Posted   Mar 22nd - 7:14pm

President Nicolas Maduro attempted to tackle Venezuela's staggering inflation Thursday by lopping three zeros off the increasingly worthless currency called the bolivar.

The Latest: Peru protesters demand new elections amid crisis

The Associated Press  |  Posted   Mar 22nd - 7:08pm

The latest on political turmoil in Peru (all times local):

Toys R Us founder dies days after chain's announced shutdown

Alexandra Olson, Associated Press  |  Posted   Mar 22nd - 7:00pm

Charles P. Lazarus, the World War II veteran who founded Toys R Us six decades ago and transformed it into an iconic piece of Americana, died Thursday at age 94, a week after the chain announced it was going out of business.

As US gets tough with China, Wall Street gets weak-kneed

Paul Wiseman and Marley Jay, Associated Press  |  Posted   Mar 22nd - 6:59pm

The prospect of a full-blown trade war between the world's two biggest economies rattled investors Thursday, sending stocks to their biggest loss in six weeks.

Nike posts loss due to tax law, but beats expectations

Joseph Pisani, Associated Press  |  Posted   Mar 22nd - 6:26pm

Nike reported its first quarterly loss in 20 years, due to a $2 billion tax expense related to recent changes in U.S. tax law. But the sneaker company's third-quarter results easily beat expectations and its shares jumped in after-hours trading.

CORRECTS: China says it may raise tariffs on U.S. pork, aluminum and other goods in response to Trump tariff hikes

The Associated Press  |  Posted   Mar 22nd - 6:24pm

CORRECTS: China says it may raise tariffs on U.S. pork, aluminum and other goods in response to Trump tariff hikes. (Corrects APNewsAlert that said the increases had taken effect. )

Behind Facebook's baby step fixes: Defending its ad business

Barbara Ortutay and Anick Jesdanun, Associated Press  |  Posted   Mar 22nd - 6:02pm

Wondering why Facebook seems to be taking baby steps to address the biggest scandal in its history? Stronger safeguards on user data might damage Facebook's core business of using what it knows about you to sell ads that target your interests.