India's Modi facing urgent economic challenges after win
NEW DELHI (AP) — Dissatisfaction with India's lagging economy didn't deter voters from handing Prime Minister Narendra Modi and his Hindu nationalist party a landslide parliamentary election victory.
China media accuses US of plot to 'colonize global business'
BEIJING (AP) — China's state media has unleashed fresh attacks on the U.S. as the tariff war between world's two largest economies continues.
NASA's first-of-kind tests look to manage drones in cities
RENO, Nev. (AP) — NASA has launched the final stage of a four-year effort to develop a national traffic management system for drones, testing them in cities for the first time beyond the operator's line of sight as businesses look in the future to unleash the unmanned devices in droves above busy streets and buildings.
Bank CEO pleads not guilty in bid to get Trump post
NEW YORK (AP) — A banker who prosecutors say tried to buy himself a senior post in President Donald Trump's administration by making risky loans to former Trump campaign chairman Paul Manafort pleaded not guilty Thursday to a financial institution bribery charge as his lawyer said he's done nothing wrong.
FAA chief upbeat about prospects for Boeing 737 Max's return
FORT WORTH, Texas (AP) — After an all-day meeting with global aviation regulators, the chief of the Federal Aviation Administration sounded more upbeat than ever about prospects for clearing the troubled Boeing 737 Max to fly again.
Trade impasse: Trump pledges $16B to farmers; markets slump
WASHINGTON (AP) — President Donald Trump rolled out another $16 billion in aid for farmers hurt by his trade policies, and financial markets shook Thursday on the growing realization that the U.S.
Tokyo-Vegas investment chief gets 50 years in huge scheme
LAS VEGAS (AP) — The former head of a Tokyo and Las Vegas investment firm was sentenced Thursday to 50 years in prison for bilking thousands of Japanese victims in what prosecutors called a $1.5 billion international Ponzi scheme that ranks among the largest-ever fraud cases in the U.S.
Tesla shares bounce on leaked memo about rising sales
Shares of Tesla, suffering one of the worst stretches in company history, rebounded Thursday after CEO Elon Musk told employees that orders are up.
Trump considering loophole for Saudi arms sale
WASHINGTON (AP) — The Trump administration is considering an emergency declaration that would allow it to make an arms shipment to Saudi Arabia without the approval of Congress, two U.S.
Number of US homes on the market rose in 1Q as sales slowed
Homebuyers in Salt Lake City, Atlanta and other big U.S. metropolitan areas are seeing a pickup in the number of homes for sale, especially in the most affordable segment of the market.
US stocks skid on worries of prolonged trade standoff
Heightened worries that the U.S. and China are headed for a long standoff in their costly trade dispute put investors in a selling mood Thursday.
Facebook: Fake account removal doubles in 6 months to 3B
SAN FRANCISCO (AP) — Facebook removed more than 3 billion fake accounts from October to March, twice as many as the previous six months, the company said Thursday.
Firm tied to political donor to pay $110M in federal probe
WASHINGTON (AP) — A payment processor run by a prominent political donor will pay $110 million to settle U.S. charges the company knowingly processed transactions for merchants engaging in frauds.
Netflix isn't absent at Cannes. It's everywhere.
CANNES, France (AP) — If you're going to earnestly shout "Vive le cinema!" the Cannes Film Festival is the place to do it. That's what Quentin Tarantino declared from atop Cannes' red-carpet stairs on his way into the premiere of "Once Upon a Time ...
Asian, Asian American heroes to power Marvel comics series
Asian superheroes — assemble. Marvel Comics is giving ink to an unprecedented team-up of its mightiest Asian and Asian American heroes, also known as the new Agents of Atlas.
Markets Right Now: Stocks tumble on trade fears; oil down 5%
NEW YORK (AP) — The latest on developments in financial markets (all times local): 12:15 p.m. Stocks are falling at midday on Wall Street as investors worry about an apparent stalemate in trade talks between the U.S.
Older Americans more likely to cite workplace discrimination
CHICAGO (AP) — Are older workers being discriminated against on the job? The answer appears to depend on the age of the person asked.
US new-home sales fell 6.9% in April
WASHINGTON (AP) — Sales of new U.S. homes sank 6.9% in April, driven by a decline in the sale of homes worth less than $300,000 that are generally bought by middle class and first-time buyers.
China has more weapons in US tariff war - but do they work?
BEIJING (AP) — Looking for ways to hit back at Washington as a tariff fight escalates, President Xi Jinping and his economy czar visited a Chinese factory that processes rare earths - exotic minerals used in electric cars, mobile phones and other technology.
World shares sink as US-China spat takes center stage
SINGAPORE (AP) — World stock markets fell sharply Thursday as traders focused on tensions between the U.S. and China and braced for the impact of their tariff hikes.
Deutsche Bank ready for 'tough cuts' as share price sags
FRANKFURT, Germany (AP) — The CEO of Deutsche Bank says he is ready to make "tough cuts" to improve the struggling bank's profitability and raise a "disappointing" share price as negative headlines continue to plague Germany's biggest bank.
Former Nissan chairman Ghosn appears in Tokyo court
TOKYO (AP) — Nissan's former chairman, Carlos Ghosn, appeared in a Japanese courtroom Thursday for a hearing ahead of his trial on accusations of financial misconduct.
Retailers, shoppers could feel more pain if tariffs spread
NEW YORK (AP) — An escalating trade war between the U.S. and China could mean higher prices on a broad array of products from toys to clothing.
Asian shares slip as US-China spat takes center stage
SINGAPORE (AP) — Asian markets were broadly lower on Thursday as traders focused on tensions between the U.S. and China and braced for the impact of their tariff hikes.
Judge rules Qualcomm violated antitrust law in chip market
NEW YORK (AP) — A federal judge has ruled that Qualcomm unlawfully squeezed out cellphone chip rivals and charged excessive royalties to manufacturers such as Apple in a decision that undercuts a key part of its business.