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US, Europe struggle to make progress in free trade talks

The Associated Press  |  Posted  May 2nd - 7:10am

Trans-Atlantic talks to create a massive free trade zone between the United States and the European Union continue to be held back because of divergences on key issues, making success under President Barack Obama's administration ever less likely.

UPDATED

Trump, Clinton itching to engage each other after Indiana

Thomas Beaumont and Jill Colvin, Associated Press  |  Posted  May 2nd - 7:00am

On the eve of Indiana's primary, Donald Trump and Hillary Clinton are looking past their struggling rivals and directly at each other, previewing the caustic one-on-one race that seems inevitable if they sew up the Republican and Democratic presidential nominations.

Derailment affects commuter train service into Washington

The Associated Press  |  Posted  May 2nd - 7:00am

The derailment of a CSX train in Washington, D.C. is forcing some commuters to find a different way to work.

Mystery solved? Australian says he's Bitcoin founder

Gregory Katz, Associated Press  |  Posted  May 2nd - 6:50am

An Australian man long rumored to be associated with the digital currency Bitcoin has publicly identified himself as its creator, a claim that would end one of the biggest mysteries in the tech world.

Buffett says drugmaker Valeant had flawed business model

The Associated Press  |  Posted  May 2nd - 6:20am

Investor Warren Buffett says Valeant Pharmaceuticals' practices were flawed, so he declined to invest Berkshire Hathaway's money in the company.

Alabama governor, senator urge TVA to sell unfinished nuke

Jay Reeves, Associated Press  |  Posted  May 2nd - 6:20am

Alabama Gov. Robert Bentley and Sen. Richard Shelby are among those urging TVA to sell its unfinished Bellefonte Nuclear Plant.

Buffett says election is important but won't damage economy

The Associated Press  |  Posted  May 2nd - 6:10am

Investor Warren Buffett says choosing the next president will be important for the world, but it won't derail the U.S. economy.

Markets Right Now: European stocks rise despite Asian drop

The Associated Press  |  Posted  May 2nd - 5:50am

The Latest on global financial markets (all times local):

Cosmo editor Joanna Coles writing guide to modern love

The Associated Press  |  Posted  May 2nd - 5:50am

Cosmopolitan Editor-in-Chief Joanna Coles is working on a "no-nonsense" guide to some very old subjects in a very new world: sex and intimacy.

Helicopter gives no mayday call before fatal crash in Norway

The Associated Press  |  Posted  May 2nd - 5:50am

A Norwegian investigator says the oil-rig helicopter that crashed in Norway, killing 13 people, gave no mayday call or indicated it was in trouble.

Buffett still likes big stakes in Coke, American Express

Josh Funk, Associated Press  |  Posted  May 2nd - 5:40am

Investor Warren Buffett says he would be willing to sell Berkshire Hathaway's big investments in American Express, Coca-Cola and other companies if he found a significantly better option, but he still believes in those companies.

Tiny Nebraska town says no to 1,100 jobs, citing way of life

Scott McFetridge, Associated Press  |  Posted  May 2nd - 5:30am

Half-ton pickup trucks crowd the curb outside the One Horse Saloon, a neon Coors Light sign in the window and rib-eye steaks on the menu, but otherwise Nickerson, Nebraska, is nearly silent on a spring evening, with only rumbling freight trains interrupting bird songs.

Germany wants to extend border controls for another 6 months

The Associated Press  |  Posted  May 2nd - 5:10am

Germany and some other EU countries are planning to ask the EU Commission for an extension of border controls within the Schengen passport-free travel zone for another six months because they fear a new wave of migrants.

Buffett praises Fed but warns of unintended consequences

Josh Funk, Associated Press  |  Posted  May 2nd - 5:00am

Investor Warren Buffett says the Federal Reserve and other policymakers are generally doing a good job, but it's difficult to predict all the effects of interest rates remaining low for this long.

Japan announces $7 billion plan to develop Mekong region

Tassanee Vejpongsa, Associated Press  |  Posted  May 2nd - 3:50am

Japan's foreign minister announced a $7 billion initiative Monday to promote development in Southeast Asia's Mekong region, which encompasses parts of Vietnam, Laos and Thailand through which the river flows.

Iran's nuclear chief visits Prague to talk business

The Associated Press  |  Posted  May 2nd - 3:40am

The sanctions lifted, the head of Iran's nuclear program is coming to talk business with Czech leaders.

Reckitt Benckiser Korea apologizes for deadly sterilizers

Youkyung Lee, Associated Press  |  Posted  May 2nd - 3:40am

British consumer goods company Reckitt Benckiser apologized Monday for selling deadly disinfectants that killed or injured hundreds of people, five years after the government ordered the company to remove the products from shelves for health risks.

Young entrepreneurs gather for CEO trade show

Cara Ball, Associated Press  |  Posted  May 2nd - 3:10am

Landscaping, interior design and locally produced and sold honey were just some of the businesses on display at the second Kokomo CEO trade show Wednesday.

Lawmakers approve 'step therapy' and welfare reform bill

Melissa Hellmann, Associated Press  |  Posted  May 2nd - 1:41am

Kansas legislators have approved a bill aimed at changing welfare policies and reducing prescription costs within the state's Medicaid program.