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The Latest: Powell delivers mid-year report to House

The Associated Press  |  Posted Jul 18th - 8:35am

The Latest on Federal Reserve Chairman Jerome Powell's congressional appearance to deliver the Fed's semi-annual monetary policy report. (all times local)

Buyers worry they'll lose tax credit while waiting on Tesla

Tom Krisher, Associated Press  |  Posted Jul 18th - 8:31am

In March of 2016, Keith Reynolds flew from California to Atlanta so he could claim his spot in line at 4 a.m., and get a three-hour head start on his West Coast competitors.

Airline group faults Europe traffic controllers amid delays

The Associated Press  |  Posted Jul 18th - 8:22am

The world's biggest trade association of airlines is criticizing air traffic control agencies in Europe for seeking "super-normal profits" instead of working to improve performance, as air travelers have faced soaring delays this year.

US stocks waver; transports rise but energy companies slip

Marley Jay, Associated Press  |  Posted Jul 18th - 8:17am

U.S. stocks are mixed in early trading Wednesday as energy companies fall with the price of oil, but industrial companies including railroads and airlines climb after a round of strong second-quarter reports.

The Latest: Industry, experts divided over EU fine on Google

The Associated Press  |  Posted Jul 18th - 8:17am

The Latest on the EU's fine against Google (all times local):

UK investigators probe Russian access to Facebook data

The Associated Press  |  Posted Jul 18th - 8:05am

British authorities looking into inappropriate use of data gathered by political consultant Cambridge Analytica from millions of Facebook users say some of the systems that accessed the material appear to be in Russia or a group of former Soviet states.

A Comic-Con without Marvel, HBO gives others a chance to pop

Lindsey Bahr, Associated Press  |  Posted Jul 18th - 7:51am

and dollars.

Ford recalls 550K vehicles that can roll away unexpectedly

The Associated Press  |  Posted Jul 18th - 7:45am

Ford is recalling about 550,000 cars and SUVs in North America to fix a gearshift problem that could cause the vehicles to roll away unexpectedly.

Markets Right Now: A mixed start for stocks on Wall Street

The Associated Press  |  Posted Jul 18th - 7:43am

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

Baseball, beer help Wright Brothers' hometown rise again

Mitch Stacy, Associated Press  |  Posted Jul 18th - 7:43am

When I was growing up in greater Dayton, Ohio, in the 1960s and '70s, the city already had been to the top of prosperity hill and was coasting down the other side.

Iran nuclear chief says uranium stockpile reaches 950 tons

Nasser Karimi, Associated Press  |  Posted Jul 18th - 7:36am

Iran continues to acquire uranium and is close to finishing a factory where it can build more centrifuges to enrich it, the country's nuclear chief said Wednesday, adding also that uranium stockpiles have nearly doubled in the last few years.

UNAIDS chief says won't quit over agency harassment claims

The Associated Press  |  Posted Jul 18th - 7:18am

Embattled UNAIDS chief Michel Sidibe has said he will not quit his job over criticism of his handling of sexual harassment allegations at the Geneva-based agency.

US housing starts tumbled 12.3 percent in June

Josh Boak, Associated Press  |  Posted Jul 18th - 7:15am

U.S. homebuilders sharply curtailed the pace of construction in June as housing starts plummeted 12.3 percent.

EU fines Google a record $5 billion over mobile system

Raf Casert, Associated Press  |  Posted Jul 18th - 6:57am

The European Union fined Google a record $5 billion Wednesday for using the market dominance of its Android mobile operating system to force handset makers to install Google apps, reducing choice for consumers.

Lawmakers confront May in rowdy House of Commons session

Danica Kirka, Associated Press  |  Posted Jul 18th - 6:49am

Lawmakers confronted U.K. Prime Minister Theresa May on her plans for leaving the European Union on Wednesday, with testy exchanges in the House of Commons underscoring her weakening grip on power.

Japan OKs 1st anti-smoking law, but seen as lax and partial

Mari Yamaguchi, Associated Press  |  Posted Jul 18th - 6:49am

Japan on Wednesday approved its first national legislation banning smoking inside of public facilities, but the watered-down measure excludes many restaurants and bars and is seen as toothless.

Egypt passes bill to block popular social media accounts

Samy Magdy, Associated Press  |  Posted Jul 18th - 6:46am

Egypt's parliament has passed a bill targeting popular social media accounts that authorities accuse of publishing "fake news," the latest move in a five-year-old drive to suppress dissent and silence independent sources of news.

US optimism pushes stock markets mostly higher

Annabelle Liang, Associated Press  |  Posted Jul 18th - 6:04am

World markets mostly rose Wednesday, spurred by the U.S. Federal Reserve's positive assessment of the U.S. economy and signs that industrial production is steady.

Morgan Stanley 2Q profits jump 39 percent, helped by trading

Ken Sweet, Associated Press  |  Posted Jul 18th - 5:57am

Investment bank Morgan Stanley said its second-quarter profits rose by 39 percent from a year ago, driven by another strong performance in trading and investment banking, as well as a lower tax bill.

EU tries to limit influx of steel diverted by US tariffs

The Associated Press  |  Posted Jul 18th - 5:49am

The European Union has announced measures to shield its market from a glut of steel heading to the continent after the U.S. imposed tariffs on imports of the metal.