Business

US, China putting trade war on hold after progress in talks

China US Trade

The world's two biggest economies are pulling back from the brink of a trade war after making...

Lifestyle

Vegas casino workers OK strike that may hobble famed resorts

Las Vegas Casinos Contracts

LAS VEGAS (AP) — Las Vegas casinos could watch tens of thousands of employees walk off the job for the first time in more than three decades after union members voted Tuesday to authorize a strike at any time starting June 1, a move that could cripple the city’s world-famous resorts. About 25,000...


Business

Cohen partner pleads guilty in deal requiring cooperation

Trump Lawyer Investigation

NEW YORK (AP) — A longtime business partner of President Donald Trump’s personal lawyer Michael Cohen, whose business dealings are being scrutinized by federal prosecutors, pleaded guilty on Tuesday in a state tax fraud case that requires him to cooperate in any ongoing investigation, according to...


Government

US and China work on ZTE rescue; Mnuchin denies quid pro quo

China US ZTE

WASHINGTON (AP) — The United States and China are working toward an agreement that would ease U.S. sanctions that were imposed on ZTE Corp. and let the Chinese telecommunications giant stay in business. President Donald Trump said Tuesday that the deal might require ZTE to revamp its board and to...


World

Facebook chief faces EU grilling over his 'digital monster'

AP Explains European Data Privacy Examples-2

BRUSSELS (AP) — Facebook CEO Mark Zuckerberg faced tough questions from European Union lawmakers Tuesday over what one of them branded Zuckerberg’s “digital monster,” and he apologized for the way the social network has been used to produce fake news, interfere in elections and sweep up people’s...


Business

EPA blocks some media from summit, then reverses course

Pruitt EPA Media Access

NEW YORK (AP) — A reporter for The Associated Press was grabbed by the shoulders and shoved out of an Environmental Protection Agency building by a security guard Tuesday for trying to cover a meeting on water contaminants in which some reporters were welcomed and others were not. An aide to EPA...


Business

Amazon urged not to sell facial recognition tool to police

Amazon-Facial Recognition

SEATTLE (AP) — Amazon’s decision to market a powerful face recognition tool to police is alarming privacy advocates, who say the tech giant’s reach could vastly accelerate a dystopian future in which camera-equipped officers can identify and track people in real time, whether they’re involved in...


Business

Asian shares fall amid worries over US-China trade, Koreas

Japan Financial Markets-3

TOKYO (AP) — Asian indexes were mostly lower on Wednesday as investors shifted their attention to uncertainties over a planned U.S.-North Korea summit after the perk from eased U.S.-China trade tensions faded. KEEPING SCORE: Japan’s benchmark Nikkei 225 dipped 1.3 percent to 22,661.88, while...


Business

The Latest: Congress passes bill rolling back banking rules

WASHINGTON (AP) — The Latest on legislation to roll back rules for banks (all times local): 5:45 p.m. Congress has moved to dismantle some key rules for banks that were installed to prevent a replay of the 2008 financial crisis. The House voted 258-159 to approve legislation rolling back the...


Government

Congress moves to dismantle key post-crisis bank rules

Congress Banking

WASHINGTON (AP) — Congress moved Tuesday to dismantle a chunk of the rules framework for banks, installed to prevent a recurrence of the 2008 financial crisis that brought millions of lost jobs and foreclosed homes. The House voted 258-159 to approve legislation rolling back the Dodd-Frank law,...


Business

Low US unemployment rate masks financial struggles for many

Economy Job Market Struggles

WASHINGTON (AP) — Despite an ultra-low 3.9 percent unemployment rate, about one-third of U.S. adults faced financial insecurity last year and often struggled to pay unexpected expenses, a Federal Reserve survey found . For three in 10 adults, their monthly incomes fluctuated — often because their...


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