Business & economy news - KMOV.com

Thousands of teachers in Arizona, Colorado to protest

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Tens of thousands of teachers in Arizona and Colorado will shut down schools to protest low pay and funding. More>>

With Cruise, 'A Quiet Place,' Paramount ready for a comeback

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Breakthrough thriller "A Quiet Place" is getting a sequel. More>>

Samsung's profit exceeds expectations thanks to memory chips

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Samsung Electronics says its first-quarter earnings jumped 52 percent over a year earlier thanks to its mainstay memory chips that posted another record-high quarterly profit. More>>

Asian markets mixed as investors consider latest earnings

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Asian stock markets mixed as investors digest latest quarterly corporate earnings. More>>

Hyundai Motor's 1Q profit halved on grim US, China sales

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Hyundai Motor says its first-quarter profit has plunged to the lowest level in more than 8 years as sales dwindled in the United States and China. More>>

Facebook advertisers shrug off its privacy scandal

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What privacy scandal? Facebook advertisers shrug off concerns. More>>

Royal Dutch Shell says 1Q earnings rose 67 percent

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Energy company Royal Dutch Shell says 1st Q earnings rose 67 percent, boosted by a rebound in oil prices and growth in its natural gas business. More>>

Comcast challenges Murdoch with rival bid for UK-based Sky

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U.S. media conglomerate Comcast has made a 22 billion pound ($30 billion) bid for London-based pay TV operator Sky in move that threatens a rival bid by Rupert Murdoch. More>>

New Chipotle CEO plans menu 'tweaks,' and maybe drive-thrus

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Chipotle, which is trying to revive its business after a series of food safety scares, says a key sales figure rose as it increased prices in most of its restaurants. More>>

Disney emphasizes China roots in Shanghai amid trade tension

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Walt Disney Co. is emphasizing its deep China connections as it launches an extension of Shanghai's $5.5 billion Disney Resort amid rising trade tensions between Washington and Beijing. More>>

Profit slips at Volkswagen after accounting change

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Profits have slipped at automaker Volkswagen in the first quarter due to a change in accounting rules, but sales increased and the company recorded no significant additional losses from its diesel emissions scandal. More>>

Ford promises more savings as 1Q earnings rise 9 percent

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Ford's net income rose slightly in the first quarter due largely to a lower income tax rate. More>>

Deutsche Bank ekes out profit, refocuses investment bank

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Deutsche Bank first quarter profit $146 million as exchange rates, lower investment bank revenues weighed on profits. More>>

Asian markets mixed as investors consider latest earnings

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US stocks are falling again and other global indexes are also down as investors worry about the combination of rising costs for businesses and higher interest rates. More>>

AP-NORC poll: Privacy debacle prompts social-media changes

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AP-NORC poll: Facebook's privacy debacle prompts social-media cutbacks. More>>

How Comcast is trying to change the cable game

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How Comcast is trying to change the cable game. More>>

House Democrats talk to Cambridge Analytica whistleblower

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Former Cambridge Analytica employee Christopher Wylie has arrived on Capitol Hill, where he is talking to House Democrats about his time with the data mining firm affiliated with President Donald Trump's campaign. More>>

YouTube overhauls kids' app after complaints about content

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YouTube is overhauling its kid-focused video app to give parents the option of letting humans, not computer algorithms, select what shows their children can watch. More>>

Strong 1st quarter from Comcast, and a $30B bid for Sky

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Comcast: 1Q Earnings Snapshot. More>>

Twitter is profitable again in 1Q, Wall Street not impressed

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Twitter has second profitable quarter with strong profit and revenue, sending shares up sharply. More>>

E. coli outbreak linked to romaine lettuce grows to 84 cases

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U.S. health officials say the E. coli outbreak linked to tainted romaine lettuce has grown and sickened 84 people from 19 states. More>>

EPA security chief also worked for owner of tabloid company

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Security chief for the head of the EPA has worked on the side as a private investigator for the owner of a tabloid news company with close ties to Trump. More>>

US officials slam Washington state nuke waste site problems

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U.S. investigators say problems first identified six years ago at a Washington state site where deadly nuclear waste is treated continue to plague the multi-billion dollar plant. More>>

Medicare will require hospitals to post prices online

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Medicare will require hospitals to post prices online and make electronic medical records more readily available to patients. More>>

Kids with rare rapid-aging disease get hope from study drug

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Children with a rare, incurable disease that causes rapid aging and early death may live longer if treated with an experimental drug first developed for cancer patients. More>>

Agency warns retailers not to sell Juul e-cigarette to kids

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The U.S. Food and Drug Administration is cracking down on underage use of a popular e-cigarette brand called Juul after months of complaints from parents, politicians and school administrators. More>>

Juul maker to invest $30M to combat underage vaping

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The maker of the much-debated e-cigarette brand Juul says it will spend $30 million to try to keep its products from underage users. More>>

DeLorean widow sues for 'Back to the Future' payments

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The widow of maverick automaker John DeLorean alleges a Texas company has illegally received money owed to his estate from a deal with Universal Pictures for the "Back to the Future" movies. More>>

ConocoPhillips wins $2 billion arbitration against Venezuela

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ConocoPhillips says it won $2 billion arbitration award against Venezuela's state oil company over asset seizures. More>>

First drug approved for most common inherited kidney disease

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The U.S. Food and Drug Administration approved the first drug to slow kidney function decline in patients with kidney-damaging genetic disease. More>>

Caesars Entertainment plans to manage hotel in Baja, Mexico

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Casino giant Caesars Entertainment Corp. says it plans to build a beachfront non-casino hotel in the Mexican city of Puerto Los Cabos. More>>

Visa 2Q profits jump, helped by more spending on its network

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Payment processing giant Visa is reporting a sharp jump in its fiscal second quarter profits from a year earlier, as more shoppers spent money on Visa's network across all its major markets. More>>

Strong travel demand lifts Boeing in first quarter

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Rising demand for travel provided Boeing with a huge tail wind, pushing earnings and revenue beyond Wall Street expectations in the first quarter. More>>

Appeals court asked to reinstate lawsuit on Trump businesses

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A federal appeals court in New York has been asked to reinstate a lawsuit that claims President Donald Trump has business conflicts that violate the Constitution. More>>

Trump meets with Apple CEO at White House to talk trade

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President Donald Trump says he's "looking forward" to meeting with Apple CEO Tim Cook at the White House Wednesday. More>>

Drugmaker Takeda agrees to buy Shire for $64 billion

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Japanese drugmaker Takeda has reached a preliminary agreement to take over Ireland-based drugmaker Shire Plc for 46 billion pounds ($64 billion) in one of the biggest pharma deals to date. More>>

Jury deliberations begin in fraud trial of bank executives

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Jury deliberations have begun in the federal fraud and conspiracy case against four former executives of the only financial institution to be criminally charged in connection with the federal bank bailout program. More>>

French billionaire Bollore charged in Africa corruption case

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French businessman Vincent Bollore has been given preliminary charges in an investigation into alleged corruption surrounding lucrative port deals in Africa. More>>

Ex-Yahoo paying $35M to settle SEC charges over 2014 hack

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The company formerly known as Yahoo is paying a $35 million fine to resolve federal regulators' charges that the online giant deceived investors by failing to disclose one of the biggest data breaches in internet history. More>>

Alexa, make my kid polite: Echo to get child-friendly update

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Amazon will soon roll out new parental controls for its Echo speakers in the hopes of getting more of the listening devices inside children's bedrooms. More>>

Stronger pound weighs on revenues at drugmaker GSK

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Pharmaceutical giant GlaxoSmithKline says first-quarter revenue dropped 2 percent as a stronger pound offset encouraging sales of a new shingles treatment. More>>

China says it welcomes visit by US officials amid trade spat

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China says it welcomes a planned visit by U.S. Treasury Secretary Steve Mnuchin to Beijing next week as world's two biggest economies tangle on trade. More>>

Construction robots weld, bolt, lift to beat worker shortage

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Robots that can weld and bolt are being developed for construction sites. More>>

Judge wants fertility clinic lawsuits merged to single case

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A judge in Ohio says dozens of lawsuits against a fertility clinic should be condensed into one case over the destruction of more than 4,000 eggs and embryos. More>>

For the first time, Facebook spells out what it forbids

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For the first time, Facebook spells out how it decides whether to delete your posts. More>>

Facebook launches transparency tool before Irish referendum

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Facebook is launching a pilot program in Ireland ahead of a referendum on abortion which it hopes will ensure greater transparency in political advertising. More>>

Louisiana: $1.5 billion in tax breaks for $9.4 billion plant

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State and local governments offered about $1.5 billion in incentives to lure a $9.4 billion plastics complex to Louisiana. More>>

Cambridge Analytica fights back on data scandal

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A Cambridge University professor at the heart of the Facebook privacy scandal says that the former CEO of data firm Cambridge Analytica lied to a British parliamentary committee investigating fake news. More>>

Global stocks slide, futures point to weak Wall Street open

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Asian shares are slipping, mirroring a sell-off on Wall Street on jitters over slowing growth and falling company profits. More>>

Science Says: Amount of straws, plastic pollution is huge

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Cities and even countries now such as Great Britain are looking at banning straws because plastic pollution is a huge global problem. More>>

EU wants 28-nation bloc to invest $24b in AI by end 2020

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The European Union executive wants the public and private sectors in the bloc to invest at least $24 billion in Artificial Intelligence through 2020 in an attempt to remain globally competitive. More>>

EPA security chief also worked for owner of tabloid company

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Democratic lawmakers say Environmental Protection Agency Administrator Scott Pruitt's security chief has been operating an outside consulting firm without proper approval from ethics officials. More>>

Airbus, Dassault to develop new European fighter jet

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European plane maker Airbus and France's Dassault Aviation have agreed to join forces in developing and producing a new European fighter jet. More>>

Senate confirms new director of National Security Agency

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Senate votes to confirm Paul Nakasone to lead National Security Agency, US Cyber Command. More>>

Germany trims 2018 growth forecast, but outlook still strong

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The German government has trimmed its economic growth forecast this year slightly to 2.3 percent. More>>

Chinese automaker plans electric car production in SAfrica

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Chinese automaker BAIC announces plans to produce electric cars in South Africa as Beijing auto show highlights China's growing role in the emerging technology. More>>

US sales of new homes shot up 4 percent in March

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Sales of new US homes jumped 4 percent in March, propelled by a surge of buying in the West. More>>

Ireland to collect billions from Apple in back taxes

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Ireland will start collection more than 13 billion euros ($15 billion) in back taxes from Apple some 19 months after the European Commission decision concluding the tech giant had been given an unfair advantage. More>>

Southwest has been faced with fines, union safety complaints

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Until last week, Southwest Airlines had a string of 47 years without a passenger dying in an accident, but it has also paid millions in fines over safety. More>>

Beijing Auto show highlights e-cars designed for China

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Automakers showcase e-vehicles designed for Chinese at Beijing auto show. More>>

Senator warns bankers that Dodd-Frank relief could stall

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Democratic Sen. Mark Warner of Virginia is warning bankers that legislation rolling back financial rules put in place after the 2008 economic crisis could stall. More>>

Trump says Mnuchin will travel to China amid trade dispute

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President Donald Trump says Treasury Secretary Steven Mnuchin will soon travel to China for talks as the two global economic powers deal with trade tensions. More>>

Asian stocks slip following sell-off on Wall Street

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US stocks are rising as strong reports from companies including Caterpillar and Whirlpool put investors in a buying mood. More>>

Supreme Court upholds challenged patent review practice

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The Supreme Court has upheld a challenged practice that is used to invalidate patents without the involvement of federal courts. More>>

Airline passenger fined after keeping free airline apple

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The U.S. Customs and Border Patrol has fined a woman $500 for not declaring she was bringing a free apple into the U.S. that she received on her Delta Air Lines flight from Paris. More>>

MPAA head says theaters will survive rise of streaming sites

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New MPAA chief, theater owners group head optimistic about movie business. More>>

Senate leaders hope to end take-it-or-leave-it budget votes

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The Senate's GOP and Democratic leaders can't agree on much, but they both say they want to avoid the annual take-it-or-leave-it vote on a foot-tall, $1 trillion-plus catchall spending bill. More>>

Nielsen data shows binging for Netflix's 'Lost in Space'

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Nielsen says an estimated 6.3 million people saw the premiere of Netflix's 'Lost in Space' remake within three days after it was posted earlier this month. More>>

Strong ad sales boost Google parent Alphabet's 1Q earnings

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Google parent Alphabet has reported a jump in first-quarter net income on the back of further strong digital ad sales and an accounting adjustment. More>>

Lawyers wrap up case blaming pork giant for ghastly smells

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Lawyers are wrapping up their case in a lawsuit pitting neighbors of an industrial-scale swine operation against the hog-production division of Virginia-based Smithfield Foods. More>>

Consumer watchdog becomes alphabet soup of controversy

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Under its acting director Mick Mulvaney, the Consumer Financial Protection Bureau increasingly has been pushing publicly to have it referred to as the "Bureau of Consumer Financial Protection" by lawmakers and the media, in an effort to rebrand the bureau. More>>

Researcher in Facebook data scandal apologizes

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A researcher at the center of the Facebook privacy scandal apologized, but added that he didn't think he did anything wrong. More>>

Alaska Airlines tightens emotional support animal policy

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Alaska Airlines has updated its policy on emotional support animals. More>>

Markets Right Now: Big tech, industrials lead stocks lower

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Stocks are falling sharply on Wall Street as big technology and industrial companies take heavy losses. More>>

Americans told to toss romaine lettuce over E. coli fears

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The Centers for Disease Control is expanding a warning about contaminated lettuce from Arizona that has now sickened dozens of people in several states. More>>

Leader of German governing party backs Amazon protest

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The new leader of one of Germany's governing parties says she plans to join a protest against working conditions at Amazon as company CEO Jeff Bezos receives a prize in Berlin. More>>

From 'Jumanji' to Tarantino, Sony teases varied slate Video included

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From 'Jumanji' to Tarantino, Sony teases varied slate. More>>

Trump's tariffs risk jobs and profits in working-class areas

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President Donald Trump's escalating dispute with China over trade and technology is threatening jobs and profits in working-class communities where his "America First" agenda hit home with American voters. More>>

US consumer confidence rebounds in April

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Consumer confidence rebounds in April, index near 18-year high. More>>

Diet Coke grows for first time in 8 years after makeover

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Coke: 1Q Earnings Snapshot. More>>

Spain: Mallorca to ban renting apartments to tourists

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Palma on the island of Mallorca plans to become the first Spanish city to prohibit the rental of apartments to tourists. More>>

Financial expert taking Facebook to UK court over fake ads

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A personal finance expert is suing Facebook at Britain's High Court, claiming the social media company is allowing the publication of scam ads featuring his name. More>>

Feb. home prices soar 6.3 pct in a fierce competition to buy

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US home prices post a robust 6.3 percent gain in February as buyers fight over shrinking supply. More>>

Caterpillar 1Q profit surges on equipment sales

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Caterpillar 1Q profit surges on boost in construction, energy sector equipment sales. More>>

Get Into My Car ... Amazon begins delivery to vehicles

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Amazon begins delivering packages to newer General Motors and Volvo vehicles owned by Prime members. More>>

Icelandic fugitive in bitcoin heist arrested in Amsterdam

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Police in Amsterdam have arrested an Icelandic fugitive suspected of masterminding the theft of hundreds of computers used to mine bitcoins and other virtual currencies. More>>

French billionaire detained in Africa corruption probe

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French billionaire Vincent Bollore has been detained for questioning in an investigation into alleged corruption in lucrative port deals in Africa. More>>

Global stocks mostly rise amid upbeat corporate earnings

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Asian shares are mostly higher as a surge in U.S. bond yields pushes the value of the dollar up against other major currencies. More>>

New Zealand leader triumphs abroad, faces pressures at home

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New Zealand Prime Minister Jacinda Ardern returns triumphant this week from a trip to Europe but still faces political pressures at home. More>>

Survey: Economists' outlook is sunny but not due to tax cuts

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Survey: Business economists' outlook is sunny but not because of Trump tax cuts. More>>

Supreme Court wrestles with administrative law judge case

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The Supreme Court is wrestling with a case brought by a former financial planner known for his "Buckets of Money" strategy. More>>

Russia adds Google IPs to registry of banned sites

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Russia's communications watchdog agency says it is adding some Google IP addresses to the state register of banned sites, as a dispute over a banned messaging app intensifies. More>>

Chipmaker SK Hynix reports 64 percent jump in 1Q earnings

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SK Hynix Inc. says its first-quarter net profit has surged 64 percent over a year earlier thanks to robust memory chip prices. More>>

German business confidence falls amid trade tensions

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A closely watched survey is showing a bigger-than-expected drop in German business confidence amid worries about international trade tensions. More>>

Kushner plans to build twin-towers in New Jersey unraveling

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Plans for a twin-tower residential building in New Jersey championed by Jared Kushner are in danger of collapse as his family's real estate company threatens legal action; Says Jersey City officials are 'playing politics'. More>>

Koch network success in Trump era draws Democratic pushback

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The sprawling conservative network funded by the billionaire Koch brothers is having a very good run with Trump in the White House and Republican control of Congress, prompting pushback from Democrats. More>>

EU launches probe of Apple's takeover of digital app Shazam

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The European Union is opening a probe into the acquisition by Apple of song-recognition app Shazam because it wants to make sure consumers will still have a wide choice of streaming music. More>>

Judge: Enbridge Line 3 project should follow existing route

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An administrative law judge says Minnesota regulators should approve Enbridge Energy's proposal for replacing its aging Line 3 crude oil pipeline only if it follows the existing route rather than the company's preferred route. More>>

UK calls on social media firms to better protect children

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Britain's health secretary has threatened to introduce new laws targeting online social media companies if they don't do more to protect children. More>>

DOJ looks into how AT&T, Verizon handle defecting customers

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The Justice Department has opened an antitrust investigation into whether AT&T and Verizon and a standards-setting group worked together to hinder consumers from easily switching wireless carriers. More>>

Stephen Curry signs broad production deal with Sony Pictures

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NBA star Stephen Curry is heading to Hollywood in a big way after inking broad production deal with Sony Pictures Entertainment. More>>

US existing home sales rose 1.1 percent in March

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US sales of existing homes increased 1.1 percent on a monthly basis in March to sturdy annual rate of 5.6 million. More>>

Appeals court sides with states over fuel economy standards

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An appeals court has said the federal government can't delay plans to more than double penalties automakers pay when they fail to meet fuel economy standards. More>>

Asian shares advance as US bond yields push dollar higher

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Gains for health care and industrial companies are offsetting losses for energy companies as stocks start little changed. More>>

The Latest: Environmental groups oppose Enbridge ruling

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An administrative law judge says Minnesota regulators should approve Enbridge Energy's proposal for replacing its aging Line 3 crude oil pipeline only if it follows the existing route rather than the company's preferred route. More>>

In Denver, trying to put a price on the value of a newspaper

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The Denver Post's cry for help in the form of an editorial pleading for new ownership resonated nationally. More>>

With lights from Toys R Us dimmed, sales plunge at Hasbro

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The repercussions from the demise of Toys R Us have begun to ripple outward beginning with Hasbro, which is reporting a loss and plunging revenue in its first quarter. More>>

Sears' biggest shareholder offers to buy Kenmore brand

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Eddie Lampert's hedge fund, Sears' biggest shareholder, asks the struggling retailer to sell the Kenmore brand and home improvement unit, saying it might buy them. More>>

Elaine Wynn asks shareholders to oust board member

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Wynn Resorts co-founder and biggest shareholder, Elaine Wynn, is calling for a board member that is part of a special committee investigating sexual misconduct allegations against Steve Wynn to be removed. More>>

Audit clears Facebook despite Cambridge Analytica leaks

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Audit of Facebook's privacy practices found no problems, though company knew a data-mining firm improperly obtained private data from millions of users. More>>

EU trade chief says Merkel, Macron will push Trump on steel

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The EU trade chief says that German Chancellor Angela Merkel and French President Emmanuel Macron will press Trump this week to exempt the 28-member bloc permanently from planned U.S. steel and aluminum tariffs. More>>

Cybersecurity expert's case delayed as new details emerge

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A British cybersecurity expert once hailed as a hero for stopping a computer virus will be in federal court in Milwaukee to try to weaken a criminal case against him by having his post-arrest statements tossed. More>>

US experts back marijuana-based drug for childhood seizures

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US panel says a medicine made from the marijuana plant should be approved to treat severe epileptic seizures in children. More>>

New data: Americans filling far fewer opioid prescriptions

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New data show that prescriptions for opioid painkillers filled in the U.S. had their biggest drop in 25 years in 2017. More>>

Musk's LA transport tunnel proposal takes step forward

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A Los Angeles City Council committee has approved an environmental review exemption for a tunnel Elon Musk wants to dig to test a novel underground transportation system. More>>

'A Quiet Place,' 'Rampage' lead newcomers at box office

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"A Quiet Place" and "Rampage" are fighting it out again for the top spot at the domestic box office this weekend and easily beating newcomers like Amy Schumer's "I Feel Pretty" and "Super Troopers 2.". More>>

Global stocks looking for direction in flat start to week

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Asian shares mostly lower, tracking tech sell-off on Wall Street. More>>

Greece beats budget target as it looks to post-bailout era

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Greece has beaten bailout budget targets for a third successive year and eased its massive debt burden by a fraction as the country prepares to exit its international rescue program in four months. More>>

GM, Korean union reach tentative agreement on wages, workers

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GM, SKorean union reach tentative agreement on cost cutting, new car models for GM Korea factories. More>>

Mnuchin expresses optimism trade standoffs can be resolved

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US Treasury secretary expresses optimism over trade tensions. More>>

Sweeping EU trade deal with Mexico seen as signal to US

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The European Union says a sweeping new trade deal with Mexico is a signal to the rest of the world _ including the Trump administration. More>>

Eurozone interest rates could stay frozen well into 2019

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Weaker signals from the economy and worries about a trade war between the United State and China mean the European Central Bank is in no hurry at all to start withdrawing its monetary stimulus efforts. More>>

HRW: 'Men only' job ads show ongoing discrimination in China

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A human rights group says gender discrimination is widespread in the Chinese work force, with many hiring advertisements openly calling only for male applicants. More>>

China auto show highlights industry's electric ambitions

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Global automakers are showcasing their efforts to create electric cars for China's fast-growing but crowded market at their industry's biggest show of the year. More>>

Asian shares mostly lower, tracking tech sell-off on Wall St

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Asian shares mostly lower, tracking tech sell-off on Wall Street. More>>

Average price of US gas jumps 9 cents, to $2.83 a gallon

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The average U.S. price of regular-grade gasoline spiked 9 cents a gallon over the past two weeks to $2.83. More>>

Korean Air heiresses to resign as smuggle probe widens

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Korean Air Lines says daughters of chairman resign over smuggling probe, scandals. More>>

Lobbyist tied to condo met with EPA chief, despite denials

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A new federal disclosure shows a Washington lobbyist tied to a bargain-priced condo leased by EPA chief Scott Pruitt sought to influence the agency on behalf of a client earlier this year. More>>

Stars Group doubles down with purchase of Sky Betting

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Canadian online-gambling company Stars Group Inc. says it is buying U.K.-based Sky Betting & Gaming in a deal worth $4.7 billion. More>>

Mexico's Pena Nieto optimistic on NAFTA overhaul talks

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Mexico's president has said at a trade fair in Germany that he's optimistic about reaching a deal to overhaul the North American Free Trade Agreement. More>>

China's ZTE says it's seeking a solution to US tech ban

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ZTE Corp., one of China's biggest tech companies, says it is taking steps to comply with a ban on U.S. technology and is actively seeking a solution to an issue it says threatens its survival. More>>

At war with Alibaba: Top brands fight China e-commerce giant

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Executives tell AP their companies were punished by Alibaba after they refused to enter exclusive partnerships with the Chinese e-commerce giant, which denies wrongdoing. More>>

Suburban Seattle getting rare, private US airport terminal

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An entrepreneur wants to bring a global trend to the U.S. and put commercial airport terminals in the hands of private companies instead of the government. More>>

FAA orders more engine inspections after Southwest accident

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The manufacturer of the jet engine involved in a fatal Southwest Airlines accident Tuesday wants more jets to be inspected for potential problems. More>>

Amazon's reveals its Prime service has 100 million members

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Amazon has persuaded more than 100 million shoppers to subscribe to its Prime service as its empire and ambitions expand. More>>

The Latest: World Bank approves increase in lending capacity

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Treasury Secretary Steven Mnuchin is urging the International Monetary Fund and the World Bank to pursue reforms that will support Trump administration foreign policy initiatives. More>>

N. Korea, setting stage for talks, halts nuclear, ICBM tests

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North Korea says it has suspended nuclear and long-range missile tests and plans to close its nuclear test site. More>>

Facebook adds privacy settings to comply with European rules

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Facebook is introducing more privacy safeguards to users in Europe to comply with new rules meant to make it easier for consumers to give and withdraw consent for the use of their data. More>>

Wells Fargo fined $1B for mortgage, auto lending abuses

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Wells Fargo fined a combined $1 billion by federal regulators for abuses tied to its mortgage and auto lending businesses. More>>

Mexico, EU reach deal to update trade agreement

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Mexico says it has reached a deal with the European Union to update their trade agreement, including the elimination of tariffs on a number of agricultural products. More>>

Mnuchin expresses optimism for resolution of trade fights

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Trump administration defends tough trade stance at global finance meetings. More>>

Smyths Toys to take over Toys R Us stores in Germany

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Ireland-based Smyths Toys has reached a deal to take over more than 90 Toys R Us stores in Germany, Austria and Switzerland. More>>

European regulators tighten order for jet fan blade tests

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The European Aviation Safety Agency has tightened a nearly month-old directive ordering inspections of some fan blades in engines like those used on a Southwest Airlines jet involved in a fatal accident. More>>

Pot politics: Schumer joins politicians rethinking marijuana

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The Senate's top Democrat says he now supports making marijuana legal under federal laws. More>>

Russia takes heavy hand to internet to block messaging app

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The chief of the Russian communications watchdog has admitted to blocking access to millions of IP addresses in a so far futile attempt to block a popular messaging app. More>>

Lobbyist tied to condo leased by EPA chief retires from firm

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The fossil-fuels lobbyist tied to the bargain-priced Capitol Hill condo leased by Environmental Protection Agency chief Scott Pruitt is taking early retirement as a result of the scandal. More>>

First clues emerge about Cuba's future under new president

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First clues of Cuba's future power structure under new president emerge. More>>

The Latest: Global leaders fear rising trade tensions

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Global finance ministers see rising trade tensions between the United States and China as a major threat facing the world economy. More>>

Kushner Cos. subpoenaed by feds after AP report

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The Kushner Cos. is confirming it was subpoenaed by federal prosecutors for information related to an Associated Press report that the company filed dozens of false documents about its buildings in New York City. More>>

Mattel CEO to step down after being at helm for 14 months

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Mattel's CEO Margaret Georgiadis is leaving the company; company names a Mattel director. More>>

Army lowers 2017 recruiting goal; more soldiers staying on

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The U.S. Army will not meet its mission to recruit 80,000 soldiers this year and has now officially lowered the goal. More>>

Trump administration pushes back against trade criticism

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The head of the International Monetary Fund is urging countries to work out their differences over trade. More>>

Trump calls OPEC efforts to boost oil prices 'not good'

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President Donald Trump says oil-producing cartel OPEC "is at it again," and that efforts to maintain high prices "will not be accepted!". More>>

Bat key to tequila trade gets off US endangered species list

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Wildlife managers in the American Southwest say a once-rare bat important to the pollination of plants used to produce tequila has made a comeback and is being removed from the U.S. endangered species list. More>>

EU renews call for Zuckerberg to testify over data scandal

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The European Parliament is repeating a call for Facebook CEO Mark Zuckerberg to testify about the internet giant's data privacy scandal, after Zuckerberg offered to send someone else in his place. More>>

Southwest sends apology, $5K, to passengers on damaged jet

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Southwest offers apology and compensation to passengers involved in emergency landing incident. More>>

Big banks saved $3.6B in taxes last quarter under new law

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The nation's six big Wall Street banks saved at least $3.59 billion in taxes just last quarter due to new tax law, giving public a first glimpse in how Corporate America is benefiting from the new Trump tax law. More>>

AP-NORC Poll: Americans expect Russia tension will get worse

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Americans are largely pessimistic about U.S. relations with Russia and China in the next year, and despite signs of diplomatic progress with Kim Jong Un over nuclear weapons, nearly half also expect things to get worse with North Korea. More>>

Fairfax bids $300 million for Toys R Us's Canada business

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Fairfax bids $300 million for Toys R Us's Canada's business; retailer designates bidder as "stalking horse". More>>

Slumping tech companies weigh on US stocks

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The major U.S. stock indexes are down in early trading, adding to the market's modest losses a day earlier. More>>

SunTrust says ex-worker may have stolen data on 1.5M clients

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SunTrust says 1.5 million clients' data potentially compromised in following employee theft. More>>

Brexit pushes European dairy giant to make cuts

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A major European dairy cooperative says "2 unexpected developments" _ the currency impact of Brexit and the impact of the reversal in commodity prices on fat and protein _ have forced them to a more than 400 million euro of savings. More>>

Walmart tests new employee dress code at some stores

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Retail giant Walmart is testing a new dress code that gives employees more freedom. More>>

ZTE protests US penalty, says it is seeking solution

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Chinese tech company ZTE protests 'unfair' US penalty, says it's seeking legal solution. More>>

Wayfair follows Amazon with its own made-up holiday: Way Day

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Wayfair follows Amazon with its own made-up holiday: Way Day. More>>

New Jersey governor signs drill ban to thwart Trump plan

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New Jersey Gov. Phil Murphy has signed a bill prohibiting oil and natural gas drilling in state waters, as well as preventing infrastructure like pipelines that could support drilling in more distant federal waters. More>>

Southwest Airlines sought more time for engine inspections

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US airline regulators have ordered inspections on engine fan blades like the one that snapped off a Southwest Airlines plane, leading to the death of a woman who was partially blown out a window. More>>

2 black men arrested at Starbucks get an apology from police

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Two black men arrested at a Philadelphia Starbucks where they were waiting for a business meeting say they wonder how an everyday encounter could escalate into a police confrontation that left them fearing for their lives. More>>

Stock markets steady, oil slips after Trump slams OPEC

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Asian shares fall back on trade worries, tech outlook. More>>

1 person in custody after raids at Porsche

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Prosecutors say one person is in custody in an investigation of current and former managers at automaker Porsche, a unit of Volkswagen, over the company's diesel emissions scandal. More>>

UK pound drops as central bank chief tempers rate hike talk

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The British pound's descent from post-Brexit highs has gathered pace after the Bank of England's governor tempered market expectations of another interest rate hike from the bank next month. More>>

Australian financial firm CEO steps down over fee scandal

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The AMP's chief executive has stepped down following revelations that Australia's largest wealth manager charged customers for financial services they never received and misled the industry watchdog. More>>

Reports: Wells Fargo to be fined $1B as early as Friday

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Reports: Federal regulators plan to fine Wells Fargo as much as $1 billion as early as Friday for abuses tied to its auto lending and mortgage businesses. More>>

'Fearless Girl' to leave Wall Street's 'Charging Bull'

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New York's 'Fearless Girl' statue that has become a global symbol of female business prowess will be moved from her spot staring down the Wall Street 'Charging Bull' to a location facing the New York Stock Exchange. More>>

Asian shares fall back on trade worries, tech outlook

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U.S. stocks are broadly lower in early trading, weighed down by losses in technology companies and makers of consumer products. More>>

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