Estimated read time: 2-3 minutes
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.
NEW YORK (AP) — Stocks are mixed in afternoon trading on Wall Street. The price of crude oil surged after the U.S. moved to further block Iranian oil exports. That helped lift energy stocks, but losses elsewhere in the market held indexes in check.
WASHINGTON (AP) — President Donald Trump says Herman Cain has withdrawn from consideration for a seat on the Federal Reserve's board amid a focus on past scandals. Cain is a former CEO of Godfather's Pizza who dropped out of the 2012 presidential race amid allegations of sexual harassment and infidelity. The issues resurfaced after Trump said he intended to nominate Cain to the central bank's board of governors.
ST. LOUIS (AP) — Boeing is preparing to build F-15 fighter planes for the U.S. Air Force even though the military branch hasn't bought the jet in over a decade. Boeing began ramping up its F-15 production line in St. Louis after the Air Force submitted a nearly $8 billion budget request that included eight F-15s next year and 72 in following years. The request was a surprise since the U.S. military has moved toward stealth fighters in recent years.
SAN FRANCISCO (AP) — Samsung is pushing back this week's planned public launch of its highly anticipated folding phone after reports that reviewers' phones were breaking. The company had been planning to release the Galaxy Fold this Friday. Samsung will announce a new release date in the coming weeks.
NEW YORK (AP) — From wine to clothing to tours, HBO and retailers have cashed in through the years with "Game of Thrones" merchandise. "Thrones" is not only a huge international show but also a massive business, with all sides hoping to pad the bank during the show's eighth and final season. Products will also include makeup, beer, toy collectibles and even high fashion.
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
