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China pledges to work seriously with US ahead of Ross' visit

The Associated Press  |  Posted   May 23rd - 7:04am

China's government pledged Wednesday to work conscientiously with Washington ahead of a visit by U.S. Commerce Secretary Wilbur Ross to Beijing to work on resolving a sprawling trade dispute between the world's two biggest economies.

France's Macron takes on Facebook's Zuckerberg in tech push

Angela Charlton and Sylvie Corbet, Associated Press  |  Posted   May 23rd - 6:38am

Facebook CEO Mark Zuckerberg may finally find a friendly face when he meets French President Emmanuel Macron. Or not.

Trump: US may need new 'structure' for China trade deal

The Associated Press  |  Posted   May 23rd - 6:26am

President Donald Trump says the U.S. will probably need a "different structure" when it comes to trade with China.

Trump eager to sign bill rolling back Dodd-Frank regulations

Marcy Gordon, Associated Press  |  Posted   May 23rd - 6:20am

President Donald Trump indicated Wednesday that he's eager to sign a bill that would dismantle a chunk of the rules framework for banks, installed to prevent recurrence of the 2008 financial crisis that brought millions of lots jobs and foreclosed homes.

Target's 1Q profit falls short as it continues transition

Anne D'Innocenzio, Associated Press  |  Posted   May 23rd - 6:14am

Target, which is pushing through a costly period of transition, posted weaker-than-expected profits for the first quarter.

The Latest: Trump eager to sign bill rolling back Dodd-Frank

The Associated Press  |  Posted   May 23rd - 6:08am

The Latest on a bill rolling back Dodd-Frank regulations (all times local):

Bulgaria runs into setback in bid for euro membership

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

The European Central Bank has dealt a setback to Bulgaria's hopes of soon joining the euro, saying the European Union's poorest country needs "wide-ranging" reforms to put its economy in shape.

Lebanese longtime parliament speaker re-elected to post

Zeina Karam, Associated Press  |  Posted   May 23rd - 5:50am

Lebanese lawmakers overwhelmingly re-elected the country's longtime parliament speaker to the post on Wednesday, giving the 80-year-old monopoly of the office for three decades now.

Global stocks fall amid weak data, worries over Koreas

Yuri Kageyama, Associated Press  |  Posted   May 23rd - 5:46am

Stock markets were mostly lower Wednesday after weak European economic data and as U.S. President Donald Trump raised doubts that a summit with North Korean leader Kim Jong Un planned for June 12 will take place as planned.

Tens of thousands of Las Vegas casino workers OK strike

Regina Garcia Cano, Associated Press  |  Posted   May 23rd - 5:44am

Las Vegas casinos could watch tens of thousands of employees walk off the job for the first time in more than three decades after union members voted to authorize a strike at any time starting June 1, a move that could cripple the city's world-famous resorts.

EU warns Italy about debt as parties look to spend more

The Associated Press  |  Posted   May 23rd - 5:40am

The European Union is warning Italy to rein in government debt, as political parties in Rome try to form a government that aims to increase public spending.

Turkish currency hits record low amid Erdogan concerns

Suzan Fraser, Associated Press  |  Posted   May 23rd - 5:37am

Turkey's currency has fallen to a record low against the dollar amid concerns about an outflow of investor capital and the country's ability to manage the situation.

Lowe's 1Q falls flat as extended winter cuts into sales

The Associated Press  |  Posted   May 23rd - 5:19am

Lowe's, which named a new CEO this week, is reporting weak profit and revenue numbers for its first quarter in which harsh winter weather cut into the traditional spring sales season.

Eurozone economy's slowdown may be longer than expected

Pan Pylas, Associated Press  |  Posted   May 23rd - 4:30am

A much-anticipated economic pick-up across the 19-country eurozone does not appear to be materializing yet, if one closely-watched survey is anything to go by.

Thailand to up controls on paraquat, other farm chemicals

Tassanee Vejpongsa, Associated Press  |  Posted   May 23rd - 4:02am

The Thai government said Wednesday it will allow continued use of the toxic weed killer paraquat and two other farm chemicals despite mounting concerns over health risks, but plans to tighten controls on how they are utilized.

Another drop in UK inflation dims prospect of rate hike soon

Pan Pylas, Associated Press  |  Posted   May 23rd - 3:26am

Inflation in Britain eased closer to the Bank of England's target during April, a surprise decline that prompted a sharp fall in the pound as traders reined in expectations of another interest rate hike this year.

German city to ban some diesel cars to combat air pollution

The Associated Press  |  Posted   May 23rd - 3:16am

Some diesel cars will be banned in Hamburg to combat air pollution, officials of the northern German city said Wednesday.

Merkel heads to China to talk economy, trade, rule of law

The Associated Press  |  Posted   May 23rd - 2:24am

German Chancellor Angela Merkel is heading to China with a business delegation as both Beijing and the European Union are grappling with the United States over trade issues and Washington's rejection of the Iran nuclear deal.

Wyoming makes rush for hyped new tech, results still virtual

Mead Gruver, Associated Press  |  Posted   May 23rd - 12:59am

Block Chain Gang LLC, Crypto Cowboy, Something Something Blockchain LLC: Based on the names of dozens of new companies registering to set up shop in Wyoming, the state's effort to lure the latest tech craze appears to be paying off.

Vegas casino workers OK strike that may hobble famed resorts

Regina Garcia Cano, Associated Press  |  Posted   May 22nd - 11:39pm

Las Vegas casinos could watch tens of thousands of employees walk off the job for the first time in more than three decades after union members voted Tuesday to authorize a strike at any time starting June 1, a move that could cripple the city's world-famous resorts.