Business

FILE- In this Feb. 5, 2018, file photo, Boeing worker Paul Covaci reaches out to touch a Boeing 737 MAX 7, the newest version of Boeing's fastest-selling airplane, during a debut for employees and media of the new jet in Renton, Wash. Boeing Co. reports earnings Wednesday, April 25, 2018. (AP Photo/Elaine Thompson, File)
April 25, 2018 - 8:37 am
NEW YORK (AP) — Rising demand for travel is providing Boeing with a huge tail wind, pushing earnings and revenue beyond Wall Street expectations in the first quarter. The aircraft maker also boosted its 2018 profit outlook and cited a strong backlog on orders. It expects to increase production of...
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This image provided by Juul Labs on Tuesday, April 24, 2018 shows the company's e-cigarette device. On Tuesday, federal health officials announced a nationwide crackdown on underage use of a popular e-cigarette brand following months of complaints from parents, politicians and school administrators. Juul Labs says it monitors retailers to ensure they are following the law, and its age verification system searches public records and sometimes requires customers to upload a photo ID. (Courtesy of Juul Labs via AP)
April 25, 2018 - 8:32 am
WASHINGTON (AP) — The maker of a much-debated e-cigarette popular with teenagers says it will spend $30 million in an effort to keep its products out of the hands of children. The announcement from Juul (JOO'-uhl) Labs comes one day after the Food and Drug Administration questioned the design and...
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A man walks by an electronic stock board of a securities firm in Tokyo, Wednesday, April 25, 2018. Asian shares dipped Wednesday, mirroring a sell-off on Wall Street on worries over slowing growth and falling profits. (AP Photo/Koji Sasahara)
April 25, 2018 - 8:14 am
TOKYO (AP) — Global shares dropped Wednesday and Wall Street was set to edge slightly lower on the open amid worries over a rise in the cost of borrowing and companies' raw materials. KEEPING SCORE: France's CAC 40 was down 0.8 percent to 5,399, while Germany's DAX fell 1.7 percent to 12,343...
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April 25, 2018 - 7:05 am
NEW ORLEANS (AP) — State and local governments in Louisiana have offered an estimated $1.5 billion in incentives to persuade a Taiwanese company to locate a $9.4 billion plastics complex along the Mississippi River upstream from New Orleans, Louisiana Economic Development Secretary Don Pierson said...
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April 25, 2018 - 6:10 am
BEIJING (AP) — A state-owned Chinese automaker has announced plans to produce electric cars in South Africa. It shared the plan Wednesday at the Beijing auto show, which is highlighting China's growing role in the emerging technology. BAIC Group's announcement came as Nissan unveiled its first...
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April 25, 2018 - 5:59 am
BEIJING (AP) — China's foreign ministry said Wednesday that it welcomes a planned visit by U.S. Treasury Secretary Steve Mnuchin to Beijing next week amid trade tensions between the world's two largest economies. Foreign ministry spokesman Lu Kang said Wednesday that China looks forward to the...
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April 25, 2018 - 5:48 am
LONDON (AP) — Japanese drugmaker Takeda has reached a tentative agreement to buy Ireland-based Shire Plc for 46 billion pounds ($64 billion) in one of the biggest pharma deals to date. Takeda has offered the equivalent of 49 pounds in cash and stock for each share of Shire, almost 25 percent more...
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FILE- This April 5, 2018, file photo shows the facade of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, April 25. (AP Photo/Richard Drew, File)
April 24, 2018 - 10:26 pm
TOKYO (AP) — Asian shares dipped Wednesday, mirroring a sell-off on Wall Street on fears about slowing growth and falling company profits. KEEPING SCORE: Japan's benchmark Nikkei 225 slipped 0.6 percent to 22,135.07 in early trading. Hong Kong's Hang Seng was down 1.1 percent to 30,298.60, and the...
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Volkswagen Group Chief Digital Officer Johann Jungwirth sits inside a Volkswagen Sedric, a self-driving concept pod, while introducing the vehicle ahead of the Auto China 2018 at the Volkswagen Future Center Asia office in Beijing, Tuesday, April 24, 2018. Auto China 2018, the global industry's biggest sales event, will start on Wednesday. (AP Photo/Andy Wong)
April 24, 2018 - 9:59 pm
BEIJING (AP) — Volkswagen and Nissan have unveiled electric cars designed for China at a Beijing auto show that highlights the growing importance of Chinese buyers for a technology seen as a key part of the global industry's future. General Motors displayed five all-electric models Wednesday...
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April 24, 2018 - 6:18 pm
WASHINGTON (AP) — President Donald Trump said Tuesday that Treasury Secretary Steven Mnuchin will soon travel to China for talks as the two global economic powers deal with trade tensions. Trump said during a White House news conference with French President Emmanuel Macron that Mnuchin will be...
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