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Asian shares buoyed by US earnings, upbeat talk on China

Annabelle Liang, Associated Press  |  Posted Jan 23rd - 11:53pm

Asian stocks were mostly higher on Thursday as positive U.S. earnings reports reassured investors that the world's largest economy was on track. Comments by a top Chinese official buoyed trading too, but poor Japanese data for the second straight day weighed on the Nikkei 225 index.

Huawei announces 5G smartphone based on own technology

Joe McDonald, Associated Press  |  Posted Jan 23rd - 11:24pm

Chinese tech giant Huawei announced plans Wednesday to release a next-generation smartphone based on its own technology instead of U.S. components, stepping up efforts to compete with Western industry leaders in the face of Washington's warnings the company might be a security risk.

Renault board meeting to replace boss Ghosn, jailed in Japan

The Associated Press  |  Posted Jan 23rd - 10:45pm

The board of French carmaker Renault SA plans to meet to choose new leadership to replace auto industry powerhouse Carlos Ghosn, who is fighting fraud and breach of trust charges in Japan.

Votes on Senate bills seen as progress even if they fail

Andrew Taylor and Alan Fram, Associated Press  |  Posted Jan 23rd - 10:33pm

The Senate is taking a new approach to ending the partial government shutdown by actually taking votes instead of just pointing fingers.

Australia to urge China to treat detained writer fairly

Christopher Bodeen and Rod McGuirk, Associated Press  |  Posted Jan 23rd - 10:23pm

Australia's defense minister said Thursday he will press Chinese officials to treat a Chinese-Australian writer fairly and release all information about his case, days after the man was detained during a visit to his homeland.

Government shutdown poses increasing risk to wider economy

Christopher Rugaber, Associated Press  |  Posted Jan 23rd - 10:07pm

At this time of year, John Sprinkle and his wife would normally be planning their summer vacation. Not now. Sprinkle, a furloughed federal employee, is about to miss his second paycheck since the partial government shutdown began just before Christmas.

Hulu ups price for live-TV service, cuts basic package price

The Associated Press  |  Posted Jan 23rd - 6:29pm

Hulu's live-TV streaming service will cost $5 more per month, while its traditional video-on-demand service will be $2 cheaper.

NY lawmakers pass state Dream Act

David Klepper and Deepti Hajela, Associated Press  |  Posted Jan 23rd - 5:58pm

New York lawmakers voted Wednesday to extend state financial aid to students brought into the country illegally as children, a key liberal priority that had been blocked by Republicans for years until Democrats won control of the state Senate last fall.

US panel hears arguments in nuclear waste storage case

Susan Montoya Bryan, Associated Press  |  Posted Jan 23rd - 4:21pm

Environmentalists and nuclear watchdog groups raised dozens of objections Wednesday to an application filed by a New Jersey-based company seeking to build a multibillion-dollar facility in southeastern New Mexico to temporarily store spent nuclear fuel from commercial reactors around the United States.

Idaho seeks to increase assessment for private forest owners

The Associated Press  |  Posted Jan 23rd - 3:40pm

Lawmakers have introduced legislation that will for the first time in 16 years raise the assessment private forest owners pay the state to make sure logging is done in a sustainable way and in compliance with Idaho laws.

Jennie-O to donate $25,000 in reward money to Jayme Closs

The Associated Press  |  Posted Jan 23rd - 3:37pm

Turkey products company Jennie-O says it will donate the $25,000 it had offered in reward money for information leading to Jayme Closs directly to the 13-year-old girl.

Nielsen's top programs for Jan. 14-20

The Associated Press  |  Posted Jan 23rd - 3:19pm

Prime-time viewership numbers compiled by Nielsen for Jan. 14-20. Listings include the week's ranking and viewership.

McDonald's fries up a 1-hour deal for bacon lovers

The Associated Press  |  Posted Jan 23rd - 3:18pm

McDonald's is getting ready to test the idea that bacon goes with everything.

Government shutdown poses increasing risk to wider economy

Christopher Rugaber, Associated Press  |  Posted Jan 23rd - 3:10pm

At this time of year, John Sprinkle and his wife would normally be planning their summer vacation. Not now. Sprinkle, a furloughed federal employee, is about to miss his second paycheck since the partial government shutdown began just before Christmas.

PG&E: Judge's proposals for fire risk could cost up to $150B

Sudhin Thanawala, Associated Press  |  Posted Jan 23rd - 3:07pm

Proposals by a U.S. judge to prevent Pacific Gas & Electric Co. equipment from causing more wildfires would endanger lives, could cost as much as $150 billion and would interfere with the work of federal and state regulators, the utility said Wednesday in a court filing urging the judge not to impose the measures.

Boy in critical condition after falling from Ferris wheel

The Associated Press  |  Posted Jan 23rd - 2:53pm

Authorities say a 14-year-old boy in Utah is in critical condition after falling from a Ferris wheel at a sporting goods store.

Capital One and Abbott fall while IBM and Comcast jump

The Associated Press  |  Posted Jan 23rd - 2:46pm

Stocks that moved substantially or traded heavily Wednesday:

Verizon cutting about 800 jobs in troubled media business

Tali Arbel, Associated Press  |  Posted Jan 23rd - 2:43pm

Verizon is cutting about 800 jobs, or 7 percent of its media and advertising employees, as it reorganizes the troubled division.

Ford posts quarterly loss amid struggles in Europe, China

Tom Krisher, Associated Press  |  Posted Jan 23rd - 2:23pm

Ford Motor Co., which has struggled overseas and saw U.S. sales fall last year, reported its first quarterly net loss in two years Wednesday.

Manafort denies lying to investigators after plea agreement

Eric Tucker, Associated Press  |  Posted Jan 23rd - 2:23pm

President Donald Trump's former campaign chairman on Wednesday denied allegations he lied to investigators after he began cooperating with them.