Business

FILE - In this Wednesday, Jan. 26, 2011 file photo, CEO of Hermitage Capital Management Ltd, United Kingdom, William Browder speaks with The Associated Press inside the Congress Center at the World Economic Forum in Davos, Switzerland. UK investor and Putin critic Browder said on Wednesday, May 30, 2018 in a tweet that he has been arrested in Spain on Russian request. (AP Photo/Virginia Mayo, File)
May 30, 2018 - 8:42 am
MADRID (AP) — A prominent critic of the Kremlin says Russia is trying to block his investigation into the murder of a former employee by abusing an Interpol system of warrants that caused him to be briefly detained in Spain on Wednesday. "Vladimir Putin and the Russian government are absolutely...
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FILE - In this Nov. 9, 2017 file photo, President Donald Trump and Chinese President Xi Jinping shake hands during a joint statement to members of the media Great Hall of the People in Beijing, China. The U.S. is announcing that it will impose a 25 percent tariff on $50 billion worth of Chinese goods containing "industrially significant technology." The White House said Tuesday, May 29, 2018, that the tariff will cover goods related to the "Made in China 2025" program. The full list of imports that will be covered will be announced by June 15. (AP Photo/Andrew Harnik, File)
May 30, 2018 - 8:39 am
BEIJING (AP) — China's government accused the Trump administration of hurting its credibility by acting erratically on trade and vowed Wednesday to fight back if Washington goes ahead with a threatened tariff hike. A foreign ministry spokeswoman complained the U.S. decision to renew a threat to...
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May 30, 2018 - 8:34 am
WASHINGTON (AP) — U.S. businesses added 178,000 jobs in May, according to a survey, a solid total but below the average monthly gains accumulated over the winter. Payroll processor ADP said Wednesday that hiring was strong in construction, education and health care, and professional and business...
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May 30, 2018 - 8:31 am
WASHINGTON (AP) — The U.S. economy grew at a weaker 2.2 percent annual rate in the first three months of the year, as consumers and businesses slowed their spending. But given the economy's recent performance, analysts are still looking for a solid rebound in the current quarter. The Commerce...
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Investors monitor stock prices in a brokerage house in Beijing, Wednesday, May 30, 2018. Stocks have skidded in Asia as Italy heads for another round of elections that investors worry could turn into a referendum whether it stays in the euro bloc. (AP Photo/Mark Schiefelbein)
May 30, 2018 - 8:27 am
LONDON (AP) — Stock markets recovered their poise Wednesday amid hopes for a resolution in Italy's political turmoil that may put a halt to talk of another election this year. KEEPING SCORE: In Europe, Germany's DAX climbed 0.6 percent to 12,748 while the FTSE 100 index of leading British shares...
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Premier-designate Carlo Cottarelli, center, gets in a car as he leaves his hotel, in Rome, Wednesday, May 30, 2018. Cottarelli has returned to the presidential palace for informal consultations amid continued market turmoil and uncertainty about the prospects of his proposed government. (Angelo Carconi/ANSA via AP)
May 30, 2018 - 7:29 am
ROME (AP) — Italy's premier-designate said Wednesday that "new possibilities" had emerged to form a government based on the outcome of the March 4 vote, and that he wanted to give the option time to mature given the negative market reaction to the prospect of new elections. Efforts to create a so-...
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FILE- In this March 21, 2018, file photo, Federal Reserve Chairman Jerome Powell looks to his notes as he speaks during a news conference following the Federal Open Market Committee meeting in Washington. As the government drives to loosen restraints on banks, the Federal Reserve is set to ease a rule aimed at defusing the kind of risk-taking on Wall Street that helped trigger the 2008 financial meltdown. (AP Photo/Carolyn Kaster, File)
May 30, 2018 - 7:02 am
WASHINGTON (AP) — The Federal Reserve is preparing to ease a rule aimed at defusing the kind of risk-taking on Wall Street that played a role in triggering the 2008 financial meltdown. The Volcker Rule, crafted by regulators 4 1/2 years ago, changed the way the biggest U.S. banks do business. It...
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FILE - In this Wednesday, May 16, 2018, file photo, Malaysian Prime Minister Mahathir Mohamad smiles during press conference in Putrajaya, Malaysia. Mahathir said Wednesday the government will set up a trust fund to let the public contribute to easing the country’s huge national debt. (AP Photo/Vincent Thian, File)
May 30, 2018 - 6:06 am
KUALA LUMPUR, Malaysia (AP) — Malaysia's new Prime Minister Mahathir Mohamad said Wednesday the government will set up a trust fund to let the public contribute to easing the country's huge national debt. Mahathir's government last week revealed that the national debt and liabilities exceed 1...
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FILE - In this May 4, 2018, file photo, U.S. Commerce Secretary Wilbur Ross leaves his hotel in Beijing. An American business group appealed to China to allow more access to its state-dominated economy ahead of a visit by Ross for trade talks. The American Chamber of Commerce in China said Wednesday, May 30, 2018, that foreign companies welcome Chinese leaders' promises to ease restrictions but said they have yet to follow through on earlier pledges. (AP Photo/Mark Schiefelbein, File)
May 30, 2018 - 6:04 am
BEIJING (AP) — China's government accused the Trump administration of hurting its credibility by acting erratically on trade and vowed Wednesday to fight back if Washington goes ahead with a threatened tariff hike. A foreign ministry spokeswoman complained the U.S. decision to renew a threat to...
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FILE - In this Oct. 1, 2017, file photo, people walks past Sinarmas Land Plaza during a car-free day at the main business district in Jakarta, Indonesia. Forest Stewardship Council, the main global group for certifying sustainable wood, has sent a come-clean ultimatum to Sinarmas, one of the world’s largest paper companies following evidence it continues to cut down tropical forests and hide activities behind corporate proxies. (AP Photo/Dita Alangkara, File)
May 30, 2018 - 5:45 am
BANGKOK (AP) — The main global group for certifying sustainable wood has sent a "come clean" ultimatum to one of the world's largest paper companies and its billionaire Indonesian family owners following evidence it continues to cut down tropical forests and operate through corporate proxies. A May...
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