China: FedEx pilot suspected of 'smuggling weapons'
BEIJING (AP) — A FedEx pilot who was detained in southern China is under investigation on suspicion of "smuggling weapons and ammunition" after air gun pellets were found in his baggage, a foreign ministry spokesman said Friday.
India cuts corporate taxes to counter slowing growth
NEW DELHI (AP) — The Indian government on Friday announced a slew of concessions aimed at boosting the economy that will reduce most corporate taxes for local companies to about 25% from 30%.
Who are the Sacklers, the family behind maker of OxyContin?
For a family with its name on a wing of one of the world's most famous museums and a school at a prestigious university, members of the Sackler clan have done a remarkable job of vanishing from public life.
FAA chief meets Boeing officials, tries out Max simulator
DALLAS (AP) — The chief of the Federal Aviation Administration tested the Boeing 737 Max in a flight simulator Thursday, but the FAA declined to say how its updated anti-stall software performed.
AP FACT CHECK: Trump team distortions on fuel economy rules
WASHINGTON (AP) — President Donald Trump and his team are distorting the facts in explaining the administration's decision to stop California from setting its own emission standards for cars and trucks.
AP Source: GM's offer to UAW would add lower-paying jobs
DETROIT (AP) — A General Motors offer to invest $7 billion in U.S. facilities includes $2 billion from joint ventures and suppliers for new plants that would pay workers less than the top union wage, a person briefed on the matter said.
Senate tech critic to Facebook CEO: Sell WhatsApp, Instagram
WASHINGTON (AP) — As Facebook CEO Mark Zuckerberg met Thursday with President Donald Trump and other critics of the tech industry, the Senate's most vocal detractor offered a challenge: Sell your WhatsApp and Instagram properties to prove you're serious about protecting data privacy.
Iran envoy: 'All-out war' to result if hit for Saudi attack
DUBAI, United Arab Emirates (AP) — Any attack on Iran by the U.S. or Saudi Arabia will spark an "all-out war," Tehran's top diplomat warned Thursday, raising the stakes as Washington and Riyadh weigh a response to a drone-and-missile strike on the kingdom's oil industry that shook global energy markets.
'Middle of the herd' no more: Amazon tackles climate change
WASHINGTON (AP) — Online shopping giant Amazon revealed a carbon footprint Thursday that rivals that of a small country and vowed to reduce the damage to the planet by cutting its use of fossil fuels.
Pelosi offers Medicare negotiation plan to curb drug prices
WASHINGTON (AP) — House Speaker Nancy Pelosi, trying to seize the agenda on a top consumer issue, announced an ambitious prescription drug plan Thursday that would allow Medicare to negotiate prices for seniors and younger people.
Fed rushes to plug cash shortage in short-term loan market
WASHINGTON (AP) — A peculiar thing is happening in financial markets this week: an oft-overlooked corner of Wall Street where banks and others go for billions of dollars in short-term loans is suddenly in need of cash.
Labor pick will seek ethics advice on brokers conflict rule
WASHINGTON (AP) — President Donald Trump's pick for Labor secretary sought to quell concerns among Democrats that he's too close to the corporate world, telling lawmakers Thursday that if confirmed he'll ask ethics officials if he can participate in the crafting of a conflict of interest rule for stockbrokers.
A FedEx pilot is detained before boarding a flight in China
FedEx says one of its pilots was detained in China after an item was found in his luggage before he boarded a commercial flight. The company said Thursday the pilot was later released, and it is working with Chinese authorities to understand what happened at the airport in Guangzhou, in southern China.
Airbnb says it will go public in 2020
Airbnb Inc. said Thursday it plans to go public in 2020, a long-awaited move by the home-sharing company that is both loved and reviled for its disruption of the hotel business.
California promises fight to keep auto emission authority
SACRAMENTO, Calif. (AP) — Preparing for a lengthy legal battle with the Trump administration about how much pollution to allow from cars, California regulators on Thursday said they were considering cracking down on other emissions to make up for any impacts on air quality.
Walgreens, Google affiliate to launch drone delivery test
Walgreens and a Google affiliate are testing drone deliveries that can put drugstore products on customer doorsteps minutes after being ordered.
Weak manufacturing threatens consumer-fueled growth
NEW YORK (AP) — Consumers have supported the economy during its record-setting expansion, but a shrinking manufacturing sector, crushing tariffs and other dangers may bring the good times to an end.
President Trump says Fed Chair Powell's job is 'safe'
WASHINGTON (AP) — Despite all of his attacks on the Federal Reserve, President Donald Trump says Chairman Jerome Powell's job is safe.
UK top court aims to rule next week on Parliament shutdown
LONDON (AP) — British Prime Minister Boris Johnson was accused by one of the country's former leaders of obstructing Parliament by shutting down the legislature for five weeks, as a landmark legal challenge to the suspension wrapped up Thursday at the U.K.
How to navigate new privacy features in Apple iPhone update
NEW YORK (AP) — Apple's iOS 13 software update comes with plenty of privacy enhancements — but in some cases, only if you take the time to understand how they work.
Mortgage rates boosted US home sales 1.3% in August
WASHINGTON (AP) — U.S. home sales rose 1.3% in August to the highest level in 17 months, as mortgage rates near historic lows have spurred a rush of home-buying.
Japan court: TEPCO execs not guilty in Fukushima disaster
TOKYO (AP) — A Japanese court ruled Thursday that three former executives of Tokyo Electric Power Company were not guilty of professional negligence in the 2011 disaster at the Fukushima nuclear power plant because ensuring absolute safety at nuclear plants was not a government requirement at that time.
France floats tariffs on US goods amid Airbus-Boeing dispute
PARIS (AP) — France's finance minister says Europe is ready to impose retaliatory tariffs next year on U.S. goods as part of a long-running dispute over subsidies to plane makers Airbus and Boeing.
World shares mixed following Fed's decision to cut rates
LONDON (AP) — European stock markets pushed higher Thursday as traders had their first chance to respond to the U.S. Federal Reserve's widely anticipated decision to cut its benchmark interest rate for the second time this year.
Bank of England holds rates as it awaits Brexit clarity
LONDON (AP) — The Bank of England kept its main interest rate unchanged at 0.75% Thursday, its last scheduled interest rate decision before Britain is due to leave the European Union.