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NEW YORK (AP) — Stocks are slipping in afternoon trading on Wall Street as the price of oil falls and investors weigh first-quarter results from several financial companies. Oil prices slumped nearly 3 percent ahead of a weekend meeting of oil-producing nations in Doha, Qatar. Citigroup became the latest bank to report weak but better-than-expected results for the first quarter, boosting its shares slightly.
VATICAN CITY (AP) — Democratic presidential candidate Bernie Sanders has issued a global call to action at the Vatican to address what he calls "immoral and unsustainable" wealth inequality and poverty. And the Vermont senator says there will be consequences to future generations if solutions are not found. He says rather than a world economy that looks out for the common good, "we have been left with an economy operated for the top 1 percent."
NEW YORK (AP) — A winner of "The Apprentice" and three other former contestants on Donald Trump's reality show have denounced the Republican front-runner's presidential campaign as racist and divisive. Randal Pinkett, a business consultant who won the show's fourth season, says he is grateful for the opportunities that have come his way as a result of "The Apprentice." But he says "our allegiance to our country supersedes our relationship" with Trump. Some other former "Apprentice" contenders are supporting Trump, including Omarosa Manigault-Stallworth.
WASHINGTON (AP) — Republicans have pushed legislation through the House that would bar the government from regulating rates that high-speed Internet service providers charge consumers. Approval came on a near party-line 241-173 vote. With the Senate yet to act and facing a promised veto from the Obama administration, the measure faces long odds of enactment.
HIGH POINT, N.C. (AP) — A North Carolina city is bracing for an economic hit if there's a boycott of the semiannual furniture market that starts tomorrow in High Point. Organizers fear thousands could stay away to protest a new North Carolina law that limits protections to lesbian, gay, bisexual and transgender people. A professor at the University of North Carolina at Chapel Hill says if 2,000 people boycott, it could mean $15 million in lost tourism spending. And T. William Lester says a 5 percent drop in market sales could mean $100 million less for North Carolina furniture makers.
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