Reports Huawei to supply UK networks draw criticism
LONDON (AP) — British officials downplayed reports that Prime Minister Theresa May will allow China's Huawei to supply parts of the U.K.'s new internet network, a decision that goes against U.S.
Ford to invest $500M in electric vehicle startup Rivian
DETROIT (AP) — Ford is sinking a half-billion dollars into electric vehicle startup Rivian in a deal that has the companies working together on a new Ford electric vehicle based on Rivian underpinnings.
Rehab patients' unpaid work for big companies likely illegal
A nationally renowned drug rehab program in Texas and Louisiana has sent patients struggling with addiction to work for free for some of the biggest companies in America, likely in violation of federal labor law.
Boeing's troubled jet prompts it to pull 2019 forecast
Boeing is pulling its 2019 forecast over 737 Max uncertainty and says it's suspending its stock buybacks. The aerospace giant also provided first quarter results on Wednesday that missed Wall Street's estimates.
Food makers in Europe get letters with poisoning threats
COPENHAGEN, Denmark (AP) — Major food companies in Italy and Denmark have received letters containing an unidentified powder and written threats requesting they pay money or risk having their products poisoned, authorities said Wednesday.
Tesla CEO heads down perilous road in pursuit of profit
Tesla has lost nearly $6 billion since setting out to revolutionize the auto industry 15 years ago, but CEO Elon Musk foresees a profitable future fueled in part by a ride-hailing service made up of electric cars driven by robots.
China rejects 'unfounded hype' after GE spying accusation
BEIJING (AP) — China's government on Wednesday rejected accusations that it steals technology after a former General Electric Co.
World stocks subdued as Wall Street eyes new record highs
BANGKOK (AP) — Stock markets were subdued in Europe and Asia on Wednesday as investors look to corporate earnings for clues on whether the S&P 500 will hit another all-time record close.
New Zealand and France to call for an end to online terror
WELLINGTON, New Zealand (AP) — New Zealand Prime Minister Jacinda Ardern said Wednesday that she and French President Emmanuel Macron will host a meeting in Paris next month seeking to eliminate acts of violent extremism and terrorism from being shown online.
UK begins search for new Bank of England governor
LONDON (AP) — The British government on Wednesday kick-started the process to appoint the successor to Mark Carney as governor of the Bank of England, and indicated it was not limiting its search to British candidates.
Beijing celebration of building binge overshadowed by debt
BEIJING (AP) — A conference this week showcasing a Chinese initiative to help build ports, railways and other infrastructure in the developing world is casting a spotlight on complaints the projects leave some countries with too much debt.
Nissan slashes profit amid Ghosn scandal, lagging sales
TOKYO (AP) — Nissan cut its profit forecast for the fiscal year through March on Wednesday to reflect slowing sales, higher costs and the fallout from a criminal investigation of its former chairman, Carlos Ghosn.
Housing-strapped California debates density near job hubs
SACRAMENTO, Calif. (AP) — A controversial proposal to increase housing near transportation and job hubs faces a key test Wednesday as California lawmakers search for solutions to the state's housing affordability crisis.
Asian markets lower after S&P 500, Nasdaq hit record highs
BANGKOK (AP) — Shares were mostly lower in Asia on Wednesday as the rally on Wall Street, where the S&P 500 logged an all-time record high close, ran out of steam.
Kim looks to Russia as sanctions bite North Korea's economy
SEOUL, South Korea (AP) — Two months after he failed to win a badly needed easing of sanctions from President Donald Trump, North Korean leader Kim Jong Un is traveling to Russia in a possible attempt to win its help as the U.S.-led trade sanctions hurt his country's already-struggling economy.
White House announces more trade talks with China
WASHINGTON (AP) — The White House says a U.S. delegation will travel to Beijing next week to continue trade negotiations, and a Chinese delegation will return to Washington for additional talks starting May 8.
Tech firm VMware faces DACA discrimination lawsuit
SAN FRANCISCO (AP) — A participant in the federal program shielding young immigrants from deportation is suing a Silicon Valley company, saying she was denied a job she was qualified for despite being authorized to work in the U.S.
S&P 500, Nasdaq close at record highs as earnings roll in
The S&P 500 hit an all-time high Tuesday, marking the stock market's complete recovery from a nosedive at the end of last year. The benchmark index's previous record was set last September, shortly before the market sank in the fourth quarter amid fears of a recession, an escalating trade war between the U.S.
Google's Wing Aviation gets FAA OK for drone deliveries
WASHINGTON (AP) — Google affiliate Wing Aviation has received federal approval allowing it to make commercial deliveries by drone.
Writings on gender issues magnify scrutiny of Trump Fed pick
WASHINGTON (AP) — Additional provocative commentaries about women written by Stephen Moore, President Donald Trump's pick for the Federal Reserve board, emerged Tuesday, a day after a second White House Fed choice withdrew from consideration.
Handful of US states are poised to legalize sports betting
HELENA, Mont. (AP) — The number of states allowing sports betting is poised to expand. Governors in Montana and Iowa are considering measures that would allow residents to wager on sports, while Indiana lawmakers are scheduled to approve their own version as early as Wednesday.
Oil prices climb in wake of Iranian oil sanctions decision
NEW YORK (AP) — Global oil prices are rising in the wake of President Donald Trump's decision to impose sanctions on nations that import Iranian oil and could eventually climb to levels that would impact American consumers.
US expands probe into air bag failures to 12.3M vehicles
DETROIT (AP) — U.S. auto safety regulators have expanded an investigation into malfunctioning air bag controls to include 12.3 million vehicles equipped with bags that may not inflate in a crash.
Ex-GE engineer charged with stealing trade secrets for China
ALBANY, N.Y. (AP) — A former General Electric engineer and his business partner in China were indicted Tuesday on charges they stole the company's trade secrets from a New York plant for the Chinese government in what federal prosecutors called "a textbook example" of industrial espionage.
Back to the same record, but it's a different stock market
NEW YORK (AP) — Stock investors had to go on a harrowing round trip over the last seven months, but the market may be in a healthier place after it.