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Financial News from AP

  • Visitors to Hiroshima memorial reflect on Obama's visit

    Visitors to the Hiroshima Peace Memorial Park on Friday had this to say ahead of U.S. President Barack Obama's visit later in the day. Obama is the first sitting U.S. president to come to Hiroshima, a ...

  • Rapper facing charges in T.I. concert shooting Associated Press - 1 hour 2 minutes ago
    Rapper facing charges in T.I. concert shooting

    Fists were flying and then bullets inside a crowded New York City concert venue where four people were shot, one fatally, and now a rapper who police say was seen on surveillance footage firing a gun is ...

  • National Spelling Bee co-champions include youngest ever Associated Press - 1 hour 3 minutes ago
    National Spelling Bee co-champions include youngest ever

    The words were tougher. The final rounds lasted longer. The result was the same. The Scripps National Spelling Bee ended in a tie for the third consecutive year Thursday night, with Jairam Hathwar and ...

  • Group escapes Kentucky cave through neck-deep water Associated Press - 1 hour 6 minutes ago
    Tour guide Peggy Nims hugs a friend after she made it out of Hidden River Cave after officials said over a dozen people who were exploring the cave were trapped by rising water Thursday, May 26, 2016, in Horse Cave, Ky. The group waded through neck-deep water to get out, authorities said Thursday. (Austin Anthony/Daily News via AP) MANDATORY CREDIT

    HORSE CAVE, Ky. (AP) — Gary Russell was a mile deep in a Kentucky cave Thursday afternoon, leading a group of geology students on a five-hour tour, when he turned a corner and saw water rushing by where water wasn't supposed to be.

  • AP Top Extended Financial Headlines at 1:04 a.m. EDT Associated Press - 1 hour 8 minutes ago

    The leaders of the Group of Seven advanced economies have pledged to "collectively tackle" major risks to global growth, including direct political threats to the international order from terrorist ...

  • The Latest: G-7 wants to close gaps on fighting extremism Associated Press - 1 hour 9 minutes ago
    Leaders from left, Sri Lankan President Maithripala Sirisena, German Chancellor Angela Merkel, Chad President Idriss Deby Itno,  Japanese Prime Minister Shinzo Abe and French President Francois Hollande, leave a space for U.S. President Barack Obama, as they wait for him to arrive for a photo session with other G-7 leaders and Outreach Partners in Shima, Japan, Friday, May 27, 2016, during the G-7 Summit. (AP Photo/Carolyn Kaster, Pool)

    The latest news on the Group of Seven summit in Japan, where the leaders of the seven advanced economies are meeting for two days (all times local): ___ 2 p.m. The G-7 summit has released an action plan ...

  • Final vote on impeachment could come 3 days before Olympics Associated Press - 1 hour 17 minutes ago
    Final vote on impeachment could come 3 days before Olympics

    The Rio de Janeiro Olympics have been upstaged by the impeachment of President Dilma Rousseff. And it could get worse. Brazil Sen. Antonio Anastasia has said the final vote on removing Rousseff should ...

  • Connecticut panel to consider $22 million for hedge fund Associated Press - 1 hour 29 minutes ago

    The Connecticut Bond Commission is expected to approve a $22 million loan and grant package to help one of the world's largest hedge funds upgrade its facilities in the state. The commission, which is ...

  • US investigating Chinese steelmakers in trade secrets case Associated Press - 1 hour 35 minutes ago

    U.S. regulators are investigating a complaint Chinese steelmakers stole trade secrets from an American competitor and colluded to fix prices. The announcement by the International Trade Commission on Thursday ...

  • Fed chair Janet Yellen to discuss interest rates at Harvard Associated Press - 1 hour 41 minutes ago
    This photo combo of file images shows Fed Chair Janet Yellen, left, and former Fed Chair Ben Bernanke. Yellen is one of the featured speakers at Harvard's Radcliffe Day on Friday, May 27, 2016, in Cambridge, Mass., an event which will also feature Bernanke, a Harvard alumnus. (AP Photo/Manuel Balce Ceneta, left, Richard Drew)

    CAMBRIDGE, Mass. (AP) — Federal Reserve chair Janet Yellen is expected at Harvard to participate in a "conversation" about interest rates.

  • Trump agrees to debate Sanders but sets stiff price Associated Press - 1 hour 49 minutes ago
    Democratic presidential candidate Sen. Bernie Sanders, I-Vt., waves during a campaign rally in Cathedral City, Calif., Wednesday, May 25, 2016. (AP Photo/Damian Dovarganes)

    WASHINGTON (AP) — Donald Trump has provisionally accepted Bernie Sanders' proposal to debate, but the billionaire is setting a high price for participating. His condition: The hosting TV network would have to put up millions of dollars for charity.

  • Moments from Trump's rise in chaotic GOP race, now settled Associated Press - 1 hour 49 minutes ago
    Moments from Trump's rise in chaotic GOP race, now settled

    WASHINGTON (AP) — The nicknames. The outrage. The rallies — and the protests.

  • G7 leaders pledge collective action on sagging global growth Associated Press - 1 hour 58 minutes ago
    Leaders of Group of Seven nations, from left, British Prime Minister David Cameron, French President Francois Hollande, Canadian Prime Minister Justin Trudeau, European Commission President Jean-Claude Juncker, Japanese Prime Minister Shinzo Abe, European Council President Donald Tusk, Italian Prime Minister Matteo Renzi, U.S. President Barack Obama and German Chancellor Angela Merkel look to media as they gather to participate in a G-7 Working Session in Shima, Japan, Friday, May 27, 2016, during the G-7 Summit. (AP Photo/Carolyn Kaster, Pool)

    SHIMA, Japan (AP) — The leaders of the Group of Seven rich economies pledged Friday to "collectively tackle" major risks to global growth, including direct political threats to the international order from terrorist attacks, violent extremism and refugee flows.

  • AP Top Extended Financial Headlines at 11:54 p.m. EDT Associated Press - 2 hours 18 minutes ago

    The G-7 leaders have joined with their counterparts from seven developing countries for talks on how to ensure that growth is "inclusive."

  • Asian stocks mostly higher ahead of Yellen talk, US data Associated Press - 2 hours 54 minutes ago
    Asian stocks mostly higher ahead of Yellen talk, US data

    HONG KONG (AP) — Asian stock markets were mostly higher Friday as investors maintained a cautiously optimistic outlook while they waited for U.S. economic data and remarks by the Fed chief.

  • The Latest: National Spelling Bee ends in tie for 3rd year

    The Latest on finals of the National Spelling Bee (all times local): 11 p.m. The words were tougher. The final rounds lasted longer. The result was the same. The Scripps National Spelling Bee ended in ...

  • Obama ready to face historic, haunted ground of Hiroshima

    Convinced that the time for this moment is right at last, President Barack Obama on Friday will become the first American president to confront the historic and haunted ground of Hiroshima. Here, at this ...

  • Republican presidential candidate Donald Trump acknowledges the crowd after giving an energy speech at the Williston Basin Petroleum Conference, Thursday, May 26, 2016, in Bismarck, N.D. (AP Photo/Charles Rex Arbogast)

    BISMARCK, N.D. (AP) — Presumptive Republican presidential candidate Donald Trump unveiled an "America first" energy plan he said would unleash unfettered production of oil, coal, natural gas and other energy sources to push the United States toward energy independence.

  • In this photo taken Wednesday, May, 25, 2016, Baylor President Ken Starr leaves a terminal at  Waco airport in Waco, Texas.  Baylor University's board of regents says it will fire football coach Art Briles and re-assign Starr in response to questions about its handling of sexual assault complaints against players.  The university said in a statement Thursday, May 26, 2016, that it had suspended Briles "with intent to terminate."  Starr will leave the position of president on May 31, but the school says he will serve as chancellor. (Rod Aydelotte/Waco Tribune Herald, via AP) MANDATORY CREDIT

    AUSTIN, Texas (AP) — Ken Starr, who zealously pursued charges against a sitting U.S. president in a White House sex scandal, was stripped of his job as president of Baylor University on Thursday after a scathing review found that under his leadership, the school did little to respond to accusations of sexual assault involving …

  • Authorities stand outside Irving Plaza, near Manhattan's Union Square in New York after a shooting Wednesday, May 25, 2016. Police say several were injured in a deadly shooting inside the concert venue, where hip-hop artist T.I. was scheduled to perform. (AP Photo/Dana Schimmel)

    NEW YORK (AP) — Police investigating a deadly shooting at a packed hip-hop concert arrested a rap artist Thursday, saying surveillance footage showed him stalking through the venue firing a gun.

  • GM recalls 2.2 million cars in China Associated Press - 4 hours ago

    BEIJING (AP) — General Motors Co.'s main Chinese joint venture is recalling 2.2 million cars to deal with insufficient corrosion resistance on crankcase valves.

  • 10 Things to Know for Friday Associated Press - 4 hours ago
    This undated photo provided by the Kiawah Island Golf Resort shows sunrise as seen from Beachwalker Park, Kiawah Island, South Carolina. Beachwalker is No. 10 on the list of best beaches for the summer of 2016 compiled by Stephen Leatherman, also known as Dr. Beach, a professor at Florida International University. (Kiawah Island Golf Resort via AP)

    Your daily look at late-breaking news, upcoming events and the stories that will be talked about Friday:

  • Obama's every gesture will be scrutinized in Hiroshima visit

    Every gesture. Every word uttered or avoided. Every person Barack Obama speaks with, listens to and stands beside in Hiroshima. All of it will help determine the success of a trip with huge potential political ...

  • Jury sides with Google in battle over Android software

    A jury has sided with Google in an intellectual property battle with tech industry rival Oracle.

  • Harrold ISD Superintendent David Thweatt pauses for a photo on Thursday, May 26, 2016 in Harrold, Texas. The unlikely battleground over whether U.S. schools must provide bathroom rights to transgender students is here in Harrold: a farming town with only 100 students, a high school graduating class of four this May and not one transgender person on campus. (AP Photo/Paul J. Weber)

    HARROLD, Texas (AP) — An unlikely battleground over whether public schools must allow transgender students to use the bathroom of their choice is taking shape in two tiny towns in Texas and Arizona, neither of which currently enrolls anyone who is transgender.

  • FILE - In this Aug. 5, 2014, file photo,Baylor University President Ken Starr, left, jokes with head football coach Art Briles, right, on the first day of NCAA college football practice in Waco, Texas. Baylor University's board of regents says it will fire Briles and re-assign Starr in response to questions about its handling of sexual assault complaints against players.  The university said in a statement Thursday, May 26, 2016, that it had suspended Briles "with intent to terminate."  Starr will leave the position of president on May 31, but the school says he will serve as chancellor. (Rod Aydelotte/Waco Tribune-Herald via AP, File) MANDATORY CREDIT

    WACO, Texas (AP) — The Latest on Baylor University's demotion of its president and firing of its football coach amid criticism of the school's handling of sexual assault complaints involving players (all times local):

  • Meteorologists with the National Weather Service inspect the destruction Thursday morning, May 25, 2016, of a rural home north of Abilene, Kan. The home was destroyed Wednesday night by a tornado the stayed on the ground for 90 minutes and 25 miles. (Tom Dorsey/Salina Journal via AP)

    Severe weather spawning numerous tornadoes roiled large stretches of Kansas for a second day Thursday, prompting residents to anxiously watch the skies but causing only scattered damage in rural areas ...

  • Positive gains for 3 out of 4 IPOs Thursday Associated Press - 7 hours ago

    WASHINGTON (AP) — It's turning out to be a busy month for initial public stock offerings.

  • FDA approves first drug-oozing implant to control addiction

    Federal health officials on Thursday approved an innovative new option for Americans struggling with addiction to heroin and painkillers: a drug-oozing implant that curbs craving and withdrawal symptoms ...

  • Militants bombed a pipeline feeding electricity to Chevron's Escravos terminal Thursday, shutting down the U.S.-based oil major's onshore operations in Nigeria, the attackers and residents said. It was ...

  • Taro posts 4Q profit Associated Press - 7 hours ago

    The Haifa Bay, Israel-based company said it had profit of $2.68 per share. The drug maker posted revenue of $265.1 million in the period. For the year, the company reported profit of $540.9 million, or ...

  • Empresas reports 1Q loss Associated Press - 7 hours ago

    The Mexico City-based company said it had a loss of 51 cents per share. The infrastructure and construction company posted revenue of $339.1 million in the period. In the final minutes of trading on Thursday, ...

  • A national pork supplier promised Thursday to investigate abuse allegations at one of its Nebraska facilities after an animal rights group released an undercover video showing pigs with open wounds and ...

  • 90-minute tornado a rarity, even where tornadoes are common

    A tornado that raked the northern Kansas landscape for 90 minutes was impressive both for its classic "wedge" shape and its sheer endurance — staying on the ground about 10 times longer than ...

  • PARIS (AP) — A French naval ship specialized in underwater searches will help search for the black box flight recorders of the EgyptAir flight that crashed in the Mediterranean last week, killing all 66 aboard.

  • President Barack Obama speaks during a news conference at the Shima Kanko Hotel in Shima, Japan, Thursday, May 26, 2016, after completion the third working session of the G-7 Summit. (AP Photo/Carolyn Kaster)

    SHIMA, Japan (AP) — President Barack Obama said Thursday that foreign leaders are "rattled" by Donald Trump and have good reason to feel that way, as he accused the presumptive Republican presidential nominee of ignorance about world affairs.

  • Officials stand on the scene after over a dozen people who exploring Hidden River Cave were trapped by rising water Thursday, May 26, 2016, in Horse Cave, Ky. Horse Cave Fire Chief Donnie Parker said the rising water was caused by heavy rains in the area Thursday afternoon. (Austin Anthony/Daily News via AP) MANDATORY CREDIT

    HORSE CAVE, Ky. (AP) — The Latest on two tour groups trapped by rising water in a Kentucky cave (all times local):

  • Sinovac posts 1Q profit Associated Press - 8 hours ago

    The Beijing-based company said it had net income of 2 cents per share. Losses, adjusted for one-time gains and costs, came to 1 cent per share. The biopharmaceutical company posted revenue of $11 million ...

  • McDonald's CEO says company is making changes customers want

    McDonald's, under intense pressure in a competitive industry, sought to reassure its shareholders Thursday that it is making changes to its food and service that customers want. CEO Steve Easterbrook recounted ...

  • Figures on government spending and debt Associated Press - 8 hours ago

    Figures on government spending and debt in millions of dollars. The government's fiscal year runs Oct. 1 through Sept. 30.

  • A shipwreck from the 1800s that has been uncovered during construction in the Seaport District is seen to the left of a construction vehicle, bottom, Wednesday, May 25, 2016, in Boston. According to city archaeologist Joe Bagley, it's the first time a shipwreck has been found in this section of Boston. Bagley says it appears the vessel was carrying lime, which was used for masonry and construction. (AP Photo/Elise Amendola)

    BOSTON (AP) — A shipwreck from the 1800s has been uncovered during construction in Boston's Seaport District.

  • Atlantic City rescue package goes to Christie Associated Press - 8 hours ago
    New Jersey Sen. Vincent Mazzeo, D-Northfield, speaks to members of the assembly, Thursday, May 26, 2016, in Trenton, N.J. Lawmakers have sent Gov. Chris Christie a package of bills to keep Atlantic City from running out of cash. (AP Photo/Julio Cortez)

    TRENTON, N.J. (AP) — New Jersey lawmakers on Thursday sent Gov. Chris Christie legislation to keep Atlantic City from running out of cash, throwing the financially strapped resort a life preserver just before the unofficial start to summer this weekend.

  • FILE - This Jan. 16, 2015 file photo shows pumpjacks operating at the Kern River Oil Field in Bakersfield, Calif. The price of oil topped $50 a barrel this week for the first time since July, delivering a cash infusion to oil producers and a lift to beaten-down energy stocks. (AP Photo/Jae C. Hong, File)

    NEW YORK (AP) — The price of oil topped $50 a barrel this week for the first time since July, delivering a cash infusion to oil producers and a lift to beaten-down energy stocks.

  • Silvercorp reports 4Q loss Associated Press - 8 hours ago

    On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of 1 cent. The mineral miner posted revenue of $19.4 million in the period. For the year, the company reported net ...

  • NQ Mobile reports 1Q loss Associated Press - 8 hours ago

    The Beijing-based company said it had a loss of 8 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, were 6 cents per share. The mobile security software company posted ...

  • Democratic presidential candidate Hillary Clinton speaks at a United Food and Commercial Workers International union Legislative and Political Affairs conference, Thursday, May 26, 2016, in Las Vegas. Clinton was supposed to have turned over all work-related emails to the State Department to be released to the public. But an agency audit found at least three emails never seen before — including Clinton's own explanation of why she wanted her emails kept private. (AP Photo/John Locher)

    WASHINGTON (AP) — Democratic presidential candidate Hillary Clinton was supposed to have turned over all work-related emails to the State Department to be released to the public. But an agency audit found at least three emails never seen before — including Clinton's own explanation of why she wanted her emails kept …

  • Business Highlights Associated Press - 8 hours ago

    ___ $50 oil shouldn't pose major threat to consumers, economy The price of oil topped $50 a barrel this week for the first time since July, delivering a cash infusion to oil producers and a lift to beaten-down ...

  • FILE- In this May 23, 2016, file photo, protesters gather outside of a courthouse after Officer Edward Nero, one of six Baltimore city police officers charged in connection to the death of Freddie Gray, was acquitted of all charges in his trial in Baltimore. Black activists in Baltimore and beyond say they are disappointed but not discouraged after neither of the first two police officers to stand trial in the death of Gray was convicted. (AP Photo/Patrick Semansky, File)

    BALTIMORE (AP) — Black activists in Baltimore and beyond say they are disappointed but not discouraged after neither of the first two police officers to stand trial in the death of Freddie Gray was convicted.

  • Libertarian Gary Johnson to never-Trumpers: 'I'm it'

    He has virtually no money, no strategy to compete in battleground states and no plan to stop talking about his drug use. Yet with the Republican Party facing the prospect of a Donald Trump presidency, ...

  • NEW YORK (AP) — U.S. stocks barely budged on Thursday as investors moved cautiously after two days of large gains. Utilities and phone companies rose the most as bond yields slipped, while chemicals companies and banks returned some of their recent gains.

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