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1 hour ago

Big US job gain expected, if employers found enough workers

America’s employers likely delivered another month of robust hiring in April, reinforcing the economy’s steady rebound from the pandemic recession
1 hour ago
1 hour ago

China propels BMW to strong profits, Germany lags

Auto sales are booming in China and Germany's BMW is benefiting
1 hour ago
2 hours ago

German factory production, exports up in March in good sign

Factory production and exports increased strongly in Germany in March
2 hours ago
The Old Opera house is reflected in a puddle in Frankfurt, Germany, on a rainy Thursday, May 6, 2021. (AP Photo/Michael Probst)
11 minutes ago

Global shares mostly rise on US rally; eyes on jobs data

Global shares are mostly higher on optimism about the rally on Wall Street and an economic rebound in the U.S., as investors await the release of U.S. jobs data
11 minutes ago
FILE - The New York Stock Exchange is seen in New York, Monday, Nov. 23, 2020. Stocks were mostly lower in early trading Thursday, May 6, 2021. Healthcare stocks were among the biggest decliners after news last night that the White House supports waiving intellectual property rights for coronavirus vaccines to help immunize poorer countries faster. (AP Photo/Seth Wenig, File)
3 hours ago

China trade surges as global demand recovers from pandemic

China’s trade with the United States and the rest of the world surged by double digits in April as consumer demand recovered, but growth appeared to be slowing
3 hours ago
A worker wearing a face mask to protect against COVID-19 stands on scaffolding as he works at a construction site in Beijing, Friday, May 7, 2021. (AP Photo/Mark Schiefelbein)
May 07

Dubai luxury home market soars as world's rich flee pandemic

Foreign buyers flush with cash have flooded the high-end property market in Dubai even as vaccines roll out unevenly across the world and waves of infections force countries to extend restrictions
May 07
Luxury towers dominate the skyline in the Marina district, center, and the new Dubai Harbour development, right, are seen from the observation deck of "The View at The Palm Jumeirah" in Dubai, United Arab Emirates, Tuesday, April 6, 2021. Foreign buyers flush with cash have flooded the high-end property market in Dubai even as coronavirus vaccines roll out unevenly across the world and waves of infections force countries to extend restrictions. It's one of the few places in the world where they can dine, shop and do business in person. (AP Photo/Kamran Jebreili)
May 07

Asian indexes rise after US rally; investors await jobs data

Asian shares are rising on optimism about the rally on Wall Street and an economic rebound in the U.S., as investors await the release of U.S. jobs data
May 07
A woman wearing a protective mask rides a bicycle in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Thursday, May 6, 2021, in Tokyo. Asian shares were mixed Thursday on cautious optimism about upcoming company earnings reports showing some recovery from the damage of the coronavirus pandemic. (AP Photo/Eugene Hoshiko)
May 06

More support easing vaccine patent rules, but hurdles remain

Several world leaders have praised the U.S. move to expand access to COVID-19 vaccines for poor nations by suspending patent protections on the shots
May 06
FILE - In this April 8, 2021, file photo, a Northwell Health registered nurses fills a syringe with the Johnson & Johnson COVID-19 vaccine at a pop up vaccination site at the Albanian Islamic Cultural Center in the Staten Island borough of New York. The Biden administration on Wednesday, May 5, joined calls for more sharing of the technology behind COVID-19 vaccines to help speed the end of the pandemic, a shift that puts the U.S. alongside many in the developing world who want rich countries to do more to get doses to the needy. (AP Photo/Mary Altaffer, File)
May 06

Peloton expects to lose $165 million in revenue from recall

Peloton says that the recall of its treadmills will shrink its revenue by $165 million in revenue in the current quarter
May 06
May 06

Beyond Meat's Q1 hobbled by marketing costs, lower prices

Plant-based meat company Beyond Meat has posted a first-quarter loss after higher sales were offset by marketing costs and lower prices
May 06
FILE - In this June 27, 2019, file photo, a meatless burger patty called Beyond Burger by Beyond Meat is displayed at a grocery store in Richmond, Va. Plant-based meat company Beyond Meat has posted a first-quarter loss after higher sales were offset by marketing costs and lower prices. The company based in El Segundo, California reported Thursday, May 6, 2021 that its revenue rose 11% to $108.2 million in the January-March period. (AP Photo/Steve Helber, File)
May 06

Canadian Pacific gets procedural OK in bid for US railroad

Regulators have approved Canadian Pacific’s plan for acquiring Kansas City Southern if that railroad picks CP’s $25 billion bid over rival Canadian National’s $33.7 billion offer
May 06
FILE - In this May 23, 2012, file photo, surveyors work next to Canadian Pacific Rail trains parked on the tracks in Toronto. As deal talks begin, Canadian National railroad says on Monday, April 26, 2021 it is receiving broad support for its $33.7 billion bid to buy Kansas City Southern. (Nathan Denette/The Canadian Press via AP, File)
May 06

Apple's app store chief fends off attacks in antitrust trial

Apple’s top app store executive faced a barrage of documents lobbed by an Epic Games lawyer aiming to prove allegations that the iPhone maker has been gouging app makers as part of a scheme hatched by Apple’s late co-founder Steve Jobs
May 06
A member of Apple's legal team rolls exhibit boxes into the Ronald V. Dellums building in Oakland, Calif., as the company faces off in federal court against Epic Games on Monday, May 3, 2021. Epic, maker of the video game Fortnite, charges that Apple has transformed its App Store into an illegal monopoly. (AP Photo/Noah Berger)
May 06

Fed warns high asset prices could make investors vulnerable

The Federal Reserve is warning that prices of stocks and other financial assets are rising to levels that could set investors up for big losses from sudden declines
May 06
FILE - In this June 14, 2018, file photo Federal Reserve Board Governor Lael Brainard participates in an open meeting in Washington. The Federal Reserve on Thursday, May 6, 2021, is warning that the U.S. financial system remains vulnerable to threats stemming from the global pandemic. Fed board member Brainard, who chairs the central bank's financial stability committee, said in a statement that the failure of Archegos “highlights the potential for nonbank financial institutions such as hedge funds and other leveraged investors to generate large losses in the financial system.” (AP Photo/Cliff Owen, File)
May 06

Virgin Orbit aims to launch multiple satellites in June

Virgin Orbit, the satellite launch company founded by Richard Branson, is targeting June for its next mission
May 06
May 06

EXPLAINER: Why patents on COVID vaccines are so contentious

The Biden administration’s call to lift patent protections on COVID-19 vaccines to help poor parts of the world get more doses has drawn praise from some countries and health advocates
May 06
FILE - In this Dec. 29, 2020, file photo, Pat Moore, with the Chester County, Pa., Health Department, fills a syringe with Moderna COVID-19 vaccine before administering it to emergency medical workers and health care personnel at the Chester County Government Services Center in West Chester, Pa. The Biden administration’s call to lift patent protections on COVID-19 vaccines to help poor parts of the world get more doses has drawn praise from some countries and health advocates. But it has run into resistance from the pharmaceutical industry and others, who say that it won’t help curb the outbreak any time soon and will hurt future innovation. (AP Photo/Matt Slocum, File)
May 06

How major US stock indexes fared Thursday

Stocks are closing higher Thursday, as gains by banks and technology companies led a broad rally
May 06
May 06

Cardinal Health, Etsy fall; Kellogg, Sally Beauty rise

Stocks that traded heavily or had substantial price changes Thursday: Cardinal Health, Etsy fall; Kellogg, Sally Beauty rise
May 06
May 06

Closing prices for crude oil, gold and other commodities

Closing prices for crude oil, gold and other commodities, and foreign exchange levels
May 06
May 06

US proposes ending rule that weakened wild bird protections

Longstanding protections for wild birds would be restored under a proposal to bring back prosecutions of bird deaths by industry that were ended by former President Donald Trump
May 06
FILE - In this June 26, 2010 file photo, Plaquemines Parish Coastal Zone Director P.J. Hahn rescues a heavily oiled bird from the waters of Barataria Bay, La.. The Biden administration is proposing to revoke a rule imposed under former President Donald Trump that weakened the government's power to enforce a century-old law that protects most U.S. bird species (AP Photo/Gerald Herbert, File)
May 06

NY: Broadband cos paid for 8.5M fake net neutrality comments

The Office of the New York Attorney General said in a new report that a campaign funded by the broadband industry submitted millions of fake comments supporting the 2017 repeal of net neutrality
May 06
FILE- In this Aug. 6, 2020 file photo, New York State Attorney General Letitia James takes a question at a news conference in New York. The Office of the New York Attorney General said in a new report, Thursday, May 6, 2021, that a campaign funded by the broadband industry submitted millions of fake comments supporting the 2017 repeal of net neutrality. The Federal Communications Commission’s contentious 2017 repeal undid Obama-era rules that the broadband industry had sued to stop. (AP Photo/Kathy Willens, File)
May 06

Strong sales from Tapestry, Lee maker show clothing rebound

Strong sales results from Coach’s parent and the maker of Wrangler and Lee jeans offer the latest evidence that shoppers’ spending on clothing and accessories is rebounding to pre-pandemic levels
May 06
FILE - This May 3, 2019 file photo shows a Coach retail shop at the Citadel Outlets in Commerce, Calif. Strong sales results from Coach’s parent as well as from the maker of Wrangler and Lee jeans offer the latest evidence that shoppers’ spending on clothing and accessories is rebounding to pre-pandemic levels. Tapestry Inc. on Thursday, May 6, 2021, reported fiscal third-quarter results that beat Wall Street estimates as spending on luxury goods rebounded from a malaise last year. (AP Photo/Richard Vogel, File)
May 06

Bank of England expects best year for UK economy since 1941

The Bank of England will keep interest rates on hold and has grown more optimistic about the economic recovery in the U.K. this year as a result of the rapid rollout of coronavirus vaccines
May 06
A view over the City of London looking at the Bank of England, right, from the 59th floor of 22 Bishopsgate in London, Thursday, April 1, 2021. When the pandemic struck, about 540,000 workers vanished from London's financial hub almost overnight. The area known as "the City" became a ghost town as many people began working from home. A year on, most haven't returned to the business hub. While many people believe that post-pandemic workflow will become the new normal, skyscrapers are still rising, and city planners say they aren't worried about empty office blocks. (AP Photo/Alastair Grant)
May 06

Animal Crossing among 4 inductees to Video Game Hall of Fame

The World Video Game Hall of Fame has inducted its Class of 2021
May 06
May 06

Slow down when markets move too fast; make the profits last

When every investment around the world seems to be jumping, it’s easy to get swept up in the excitement of making a quick buck
May 06
This undated photo provided by Vanguard shows Jack Brennan. Brennan, who was CEO of fund giant Vanguard from 1996 to 2008, co-wrote a book that stresses the importance of taking the long view and keeping portfolios diversified with a mix of investments to lower risk. He talked with The Associated Press about “More Straight Talk on Investing: Lessons for a Lifetime.” (Courtesy of Vanguard via AP)
May 06

EU proposes joint approach to develop COVID-19 drugs

The EU's executive arm has proposed that EU nations join forces to develop and deploy COVID-19 treatments across the 27-nation bloc
May 06
European Union Health Commissioner Stella Kyriakides speaks during a media conference on an EU strategy on COVID-19 therapeutics at EU headquarters in Brussels, Thursday, May 6, 2021. (Kenzo Tribouillard, Pool via AP)
May 06

Productivity rebounds at solid 5.4% rate in first quarter

U.S. productivity posted a sharp rebound in the January-March quarter after having fallen in the previous quarter
May 06
May 06

US unemployment claims fall to a pandemic low of 498,000

The number of Americans seeking unemployment aid fell last week to 498,000, the lowest point since the viral pandemic struck 14 months ago and a sign of the job market’s growing strength as businesses reopen and consumers step up spending
May 06
A signs announcing they are hiring hangs in the window of a restaurant in the Greenwich Village neighborhood of Manhattan in New York, Tuesday, May 4, 2021. Some restaurants in New York City are starting to hire employees now that they can increase their indoor dining to 75% of capacity starting May 7. (AP Photo/Mary Altaffer)
May 06

Netflix series signals racial breakthrough in Italian TV

The Netflix series “Zero” that premiered globally last month is the first Italian TV production ever to feature a predominantly Black cast
May 06
Author and screenwriter Antonio Dikele Distefano, right, and actor Giuseppe Dave Seke walk in Milan, Italy, Tuesday, April 27, 2021. The Netflix series “Zero,” which premiered globally last month, is the first Italian TV production to feature a predominantly black cast, a bright spot in an otherwise bleak television landscape where the persistent use of racist language and imagery in Italy is sparking new protests. (AP Photo/Antonio Calanni)
May 06

Nintendo profits boom as people stuck at home play games

Nintendo’s says its profit for the fiscal year that ended in March jumped 86% on healthy sales of the Switch handheld machine as people staying at home due to the pandemic turned to video games
May 06
FILE - In this Jan. 23, 2020, file photo, a Nintendo sign is seen at the company's official store in the Shibuya district of Tokyo. Nintendo Co.’s profit for the fiscal year ended in March jumped 86% on healthy sales of the Switch handheld machine as people staying at home over the pandemic turned to video games. (AP Photo/Jae C. Hong, File)
May 06

Republicans promote pandemic relief they voted against

Every Republican in Congress voted against the American Rescue Plan.
May 06
FILE - In this April 15, 2021, file photo, Rep. Nicole Malliotakis, R-N.Y., speaks during a House Select Subcommittee on the Coronavirus Crisis hearing on Capitol Hill in Washington. Every Republican in Congress voted against the $1.9 trillion "American Rescue Plan," which President Joe Biden signed into law three months ago. But ever since, Republicans from New York and Indiana to Texas and Washington state have promoted elements of legislation that would not  exist if they had their way. (AP Photo/Susan Walsh, Pool, File)
May 06

Volkswagen profits jump as China leads pandemic rebound

Volkswagen's earnings bounced back strongly in the first quarter
May 06
FILE - In this April 19, 2021 file photo, Stephan Wollenstein, CEO of Volkswagen Group China, speaks during a launch event at the Shanghai Auto Show in Shanghai, China. Volkswagen's earnings bounced back strongly in the first quarter. The company is riding the strong recovery from the pandemic in China, its single biggest market these days. (AP Photo/Ng Han Guan, File)
May 06

Thailand assures foreign residents they can be vaccinated

Thailand is assuring its foreign residents that they can get COVID-19 vaccinations, countering comments by some officials suggesting they would be at the end of the line for inoculations
May 06
May 06

China suspends economic dialogue with Australia

China has suspended an economic dialogue with Australia, stepping up a pressure campaign that began over Australian support for an investigation into the origins of the coronavirus
May 06
FILE - In this Jan. 24, 2019, file photo, a woman walks by the Australian Embassy in Beijing. China on Thursday, May 6, 2021 suspended an economic dialogue with Australia, stepping up a pressure campaign that began over Australian support for a probe into the origins of the coronavirus. (AP Photo/Andy Wong)
May 06

Biden ready to sell $2.3T infrastructure plan in Louisiana

President Joe Biden will push the case for his $2.3 trillion infrastructure plan in the reliably Republican state of Louisiana
May 06
President Joe Biden takes questions from reporters as he speaks about the American Rescue Plan, in the State Dining Room of the White House, Wednesday, May 5, 2021, in Washington. (AP Photo/Evan Vucci)
May 06

Facebook's oversight board: Watchdog or distraction?

Facebook's oversight board, which on Wednesday upheld the company’s ban of former President Donald Trump, also had some harsh words for its corporate sponsor: Facebook
May 06
FILE - In this April 14, 2020 file photo, the thumbs up Like logo is shown on a sign at Facebook headquarters in Menlo Park, Calif. Facebook's oversight board, which on Wednesday, May 5, 2021 upheld the company’s ban of former President Donald Trump, also had some harsh words for its corporate sponsor: Facebook. But critics aren't convinced this decision is a triumph of accountability, and say its actions may actually distract from more fundamental issues that Facebook seems less interested in talking about. (AP Photo/Jeff Chiu, File)
May 06

CDC sets rules for trial cruises with volunteer passengers

Cruise lines can soon begin trial voyages in U.S. waters
May 06
FILE - The Symphony of the Seas cruise ship is shown docked at PortMiami, in a Wednesday, May 20, 2020, file photo, in Miami. Cruise lines can soon begin trial voyages in U.S. waters. They'll have to carry some volunteer passengers, who will have to wear face masks and observe social distancing while on board. The Centers for Disease Control and Prevention gave ship operators final technical guidelines Wednesday, May 5, 2021 for the trial runs. (AP Photo/Wilfredo Lee, File)
May 06

Asian stocks mixed, echoing Wall St sentiments on pandemic

Asian shares are mixed on cautious optimism that upcoming company earnings reports will show some recovery from the damage of the pandemic
May 06
People walk past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange in Hong Kong Wednesday, May 5, 2021. Major Asian stock markets advanced Wednesday after Wall Street fell, while Chinese and Japanese markets were closed for holidays. (AP Photo/Vincent Yu)
May 05

Google says 20% of workers will be remote, many more hybrid

Google says that it expects about 20% of its workforce to still work remotely after the pandemic
May 05
FILE - In this Sept. 24, 2019, file photo, a woman walks below a Google sign on the campus in Mountain View, Calif. On Wednesday, May 5, 2021, Google said that it expects about 20% of its workforce to still work remotely after the pandemic. In addition, some 60% will work a hybrid schedule that includes about three days in the office and two days wherever the employees work best. (AP Photo/Jeff Chiu, File)
May 05

Uber demand jumps as delivery grows, ride-hailing recovers

Uber saw record demand in the first quarter as its food delivery business grew and ride-hailing began to see some recovery
May 05
FILE - In this Nov. 13, 2020 file photo, a traveler rides in the back of an Uber vehicle at Los Angeles International Airport in Los Angeles. Uber saw record demand in the first quarter, Wednesday May 5, 2021, as its food delivery business remained strong ease even as lockdowns ended and more customers hailed rides(AP Photo/Damian Dovarganes, File)
May 05

Biden touts $28.6B restaurant relief program, orders tacos

President Joe Biden has made a Cinco de Mayo taco and enchilada run to highlight his administration’s $28.6 billion program to help eateries that lost business because of the coronavirus pandemic
May 05
President Joe Biden speaks during a visit to Taqueria Las Gemelas restaurant Wednesday, May 5, 2021, in Washington. (AP Photo/Evan Vucci)
May 05

How major US stock indexes fared Wednesday

Major U.S. stock indexes closed with mixed results Wednesday as a pullback in utilities and real estate companies kept gains elsewhere in the market in check
May 05
May 05

Jeff Bezos company to send highest bidder into space this summer

The space tourism flight above the Karman Line is scheduled for July 20.
May 05
Jeff Bezos, chief executive officer of Amazon.com Inc. and founder of Blue Origin LLC, speaks at the unveiling of the Blue Origin New Shepard system during the Space Symposium in Colorado Springs, Colo., April 5, 2017.
May 05

Boeing crash victims' families push for changes at FAA

Relatives of people who died in one of the Boeing 737 Max crashes are renewing their push to replace top regulators who approved the plane
May 05
FILE - In this April 20, 2020, file photo, planes sit parked behind a sign marking Boeing property at a Boeing production plant in Renton, Wash. Relatives of people who died in one of the Boeing 737 Max crashes are renewing their push to replace top regulators who approved the plane. Several of the family members met Wednesday, May 5, 2021, with top officials of the Transportation Department. Hundreds more relatives and friends signed a letter demanding that President Joe Biden replace the head of the Federal Aviation Administration and other top FAA officials. (AP Photo/Elaine Thompson, File)
May 05

Closing prices for crude oil, gold and other commodities

Closing prices for crude oil, gold and other commodities, and foreign exchange levels
May 05
May 05

Peloton recalls treadmills, halts sales, after a child dies

Peloton is recalling about 125,000 of its treadmills
May 05
May 05

Federal judge strikes down CDC eviction moratorium

A federal judge has ruled that the Centers for Disease Control and Prevention exceeded its authority when it imposed a federal eviction moratorium
May 05
FILE - In this Jan. 13, 2021, file photo tenants' rights advocates demonstrate outside the JFK federal building in Boston. The protest was part of a national day of action calling on the incoming Biden administration to extend the eviction moratorium initiated in response to the Covid-19 pandemic. A federal judge ruled ruled Wednesday, May 5, that the Centers for Disease Control and Prevention exceeded its authority when it imposed a federal eviction moratorium. (AP Photo/Michael Dwyer, File)
May 05

Devon Energy, General Motors rise; Peloton, Exelon fall

Stocks that traded heavily or had substantial price changes Wednesday: Devon Energy, General Motors rise; Peloton, Exelon fall
May 05
May 05

WTO chief seeks text to advance debate over COVID-19 vaccine

The World Trade Organization chief has appealed to member states to present and negotiate over a text that could lead to a temporary easing of trade rules that protect COVID-19 vaccine technology
May 05
FILE - In this Monday, March 1, 2021 file photo, New Director-General of the World Trade Organisation Ngozi Okonjo-Iweala, left, walks at the entrance of the WTO, following a photo-op upon her arrival at the WTO headquarters to take office in Geneva, Switzerland. Ambassadors from World Trade Organization countries were discussing trade rules protecting the technological know-how behind COVID-19 vaccines. The WTO’s General Council's agenda for a two-day meeting starting Wednesday, May 5, 2021 includes a waiver on intellectual property protections for vaccines. (Fabrice Coffrini/Pool/Keystone via AP, FIle)
May 05

Small business COVID-19 relief program runs out of money

The government's key COVID-19 relief program for small businesses has run out of money
May 05
FILE - In this March 30, 2021 file photo, President Joe Biden speaks after signing the PPP Extension Act of 2021, in the Oval Office of the White House in Washington. The government's key COVID-19 relief program for small businesses has run out of money. The Small Business Administration said Wednesday, May 5, that the Paycheck Protection Program has been exhausted. As of Sunday, the PPP had given out nearly 10.8 million loans worth more than $780 billion since April of last year. (AP Photo/Evan Vucci, File)
May 05

60 years since 1st American in space: Tourists lining up

Sixty years after Alan Shepard became the first American in space, everyday people are on the verge of following in his cosmic footsteps
May 05