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Eddie Lampert's firm offers to buy Kenmore from Sears

The Associated Press  |  Posted   Apr 23rd - 7:38am

Eddie Lampert's hedge fund, Sears' biggest shareholder, has asked the struggling retailer to sell the Kenmore brand and the chain's home improvement business.

EU trade chief says Merkel, Macron will push Trump on steel

Raf Casert, Associated Press  |  Posted   Apr 23rd - 7:38am

The EU's trade chief said Monday that the bloc's two most powerful leaders will tell U.S. President Donald Trump to back off on plans to impose steel and aluminum tariffs when they visit Washington this week.

London court rules to extradite Croatian tycoon

The Associated Press  |  Posted   Apr 23rd - 7:31am

A London court ruled Monday to extradite the founder of indebted Croatia-based food and retail company Agrokor, the country's most-wanted fugitive.

Dream job: Harley-Davidson interns get a free motorcycle

The Associated Press  |  Posted   Apr 23rd - 7:23am

Harley-Davidson is offering free motorcycles for those who join its summer internship program.

Elaine Wynn asks shareholders to oust board member

The Associated Press  |  Posted   Apr 23rd - 7:22am

The ex-wife of Steve Wynn, who is also the biggest shareholder and co-founder of Wynn Resorts, is seeking the removal one of the company directors overseeing an internal investigation into sexual misconduct allegations against the casino magnate.

Greece beats budget target as it looks to post-bailout era

Derek Gatopoulos, Associated Press  |  Posted   Apr 23rd - 7:22am

Greece has beaten its budget targets for a third year and trimmed its massive debt burden, according to data released Monday. But the economy has not yet grown back to its level of 2014, before its last recession.

Fearing Ethiopian dam, Egypt bans water-intensive crops

The Associated Press  |  Posted   Apr 23rd - 7:15am

Egypt's parliament has passed a law banning the cultivation of crops that require a large amount of water, amid fears that a massive Ethiopian dam being built upstream could cut into the country's share of the Nile.

AP-NORC Poll: Amid strikes, Americans back teacher raises

Carole Feldman and Emily Swanson, Associated Press  |  Posted   Apr 23rd - 6:59am

Americans overwhelmingly believe teachers don't make enough money, and half say they'd support paying higher taxes to give educators a raise.

Bloomberg gives $4.5M to UN climate body, softening US cuts

The Associated Press  |  Posted   Apr 23rd - 6:59am

Former New York City Mayor Michael Bloomberg is donating $4.5 million to the United Nations body that oversees climate change negotiations.

Global stocks looking for direction in flat start to week

The Associated Press  |  Posted   Apr 23rd - 6:14am

Global stock markets traded in narrow ranges Monday as investors awaited fresh drivers following a volatile couple of months that has seen many shares take a pounding on a series of concerns, including fears of a trade war between the U.S. and China, and then recover amid a rebound in risk appetite.

Financial expert taking Facebook to UK court over fake ads

The Associated Press  |  Posted   Apr 23rd - 6:04am

A personal finance expert launched a lawsuit against Facebook in Britain on Monday, claiming the social media company is allowing the publication of scam ads featuring his name.

Mideast ride-sharing app Careem says it was hacked

The Associated Press  |  Posted   Apr 23rd - 5:55am

The Mideast ride-sharing app Careem says it has been hacked.

Sweeping EU trade deal with Mexico seen as signal to US

The Associated Press  |  Posted   Apr 23rd - 5:38am

The European Union says a sweeping new trade deal with Mexico is a signal to the rest of the world — including the Trump administration.

With lights from Toys R Us dimmed, sales plunge at Hasbro

The Associated Press  |  Posted   Apr 23rd - 5:38am

The repercussions from the demise of Toys R Us have begun to ripple outward beginning with Hasbro, which reported a loss and plunging revenue Monday for its first quarter.

Brands say Alibaba punished them for refusing exclusivity

Erika Kinetz, Associated Press  |  Posted   Apr 23rd - 5:32am

It was looking like a banner year for business in China. The U.S. clothing company was expecting a 20 percent jump in online sales on Alibaba's Tmall, thanks to the e-commerce giant's massive reach.

The Latest: Eurozone survey points to solid economic growth

The Associated Press  |  Posted   Apr 23rd - 5:05am

The Latest on the European economy (all times local):

US brands suffer collateral damage in Chinese corporate war

Erika Kinetz, Associated Press  |  Posted   Apr 23rd - 5:04am

The rivalry is so notorious it's been called the "great cat-and-dog war." On one side towers Alibaba Group Holding Ltd., China's e-commerce market leader, embodied by the black cat mascot of its Tmall platform. On the other is JD.com Inc., a fast-growing upstart represented by its white dog logo.

Swiss bank UBS sees profits rise, is confident on economy

The Associated Press  |  Posted   Apr 23rd - 4:58am

Swiss bank UBS says its net profit rose 19 percent in the first quarter, saying "momentum is good" amid sharp upswings in wealth management and investment banking profits.

Construction robots weld, bolt, lift to beat worker shortage

Yuri Kageyama, Associated Press  |  Posted   Apr 23rd - 4:42am

Robots that can weld, lift and bolt are being developed to help bridge labor shortages at Japanese construction sites, though their use will be limited to night shifts when no human workers will be nearby due to safety and regulatory concerns.

Denuclearization successes around the world

Kim Tong-Hyung, Associated Press  |  Posted   Apr 23rd - 4:34am

Will North Korea give up the bomb?