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Saturday, April 21, 2018
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Market Update  

- By Dow Jones Newswire iPhone component-makers' shares hit hard in Hong Kong, Taiwan Asian stocks dropped Tuesday following President Donald Trump's announcement of potentially $200 billio...
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Business News  

Veteran journalist named top editor of Los Angeles Times
(AP Photo - Rex C. Curry)
From Associated Press
June 18, 2018 10:43 PM EST

LOS ANGELES (AP) — Veteran journalist Norman Pearlstine, a leader at media giants including Time, Bloomberg and the Wall Street Journal, was named executive editor of the Los Angeles Times on Monday, when the paper's new owner officially took control. 

SAN FRANCISCO (AP) — IBM pitted a computer against two human debaters in the first public demonstration of artificial intelligence technology it's been working on for more than five years.

BEIJING (AP) — Asian stocks tumbled Tuesday after U.S. President Donald Trump escalated a dispute with Beijing over technology policy by threatening a tariff hike on additional Chinese goods.

BEIJING (AP) — China's government has denounced President Donald Trump's threat of tariffs on $200 billion of Chinese goods as blackmail and warned it would respond with "strong countermeasures."

WASHINGTON (AP) — President Donald Trump directed the U.S. Trade Representative to prepare new tariffs on $200 billion in Chinese imports on Monday as the two nations moved closer to a potential trade war.

WASHINGTON (AP) — The Latest on U.S.-China trade tensions (all times local): 10:40 p.m. China's Commerce Ministry is criticizing President Donald Trump's latest threat of tariffs on $200 billion worth of its exports, calling it an "act of extreme pressure and blackmail."

SACRAMENTO, Calif. (AP) — California lawmakers passed legislation Monday that puts more conditions on state film tax credits to encourage better sexual harassment reporting and diverse hiring amid revelations of misconduct and discrimination in the movie industry.

WASHINGTON (AP) — The Trump administration is close to finalizing a health insurance option for small firms and self-employed people that would cost less but could cover fewer benefits than current plans, congressional officials and business groups said Monday.

NEW YORK (AP) — In a phone conversation with her executive producer over the weekend, "CBS This Morning" anchor Gayle King wondered if there wasn't more the network could do on the story of children being separated from parents through the Trump administration's "zero tolerance" immigration policy.

WASHINGTON (AP) — The Environmental Protection Agency on Monday approved the first state permit program for disposal of toxic ash from coal plants, a switch from federal oversight that the coal industry had sought.

SEATTLE (AP) — Some Amazon company investors said Monday they are siding with privacy and civil rights advocates who are urging the tech giant to not sell a powerful face recognition tool to police.

New research suggests drinking water supplies in Pennsylvania have shown resilience in the face of a drilling boom that has turned swaths of countryside into a major production zone for natural gas.

DETROIT (AP) — Every workday, about 7,400 trucks mostly loaded with automotive parts rumble across the Ambassador Bridge connecting Detroit and Canada, at times snarling traffic along the busy corridor.

BRUSSELS (AP) — The European Union said Monday it has extended restrictions on doing business with companies or officials in Ukraine's Crimea region and the city of Sevastopol for a year over Russia's annexation of the peninsula.

LONDON (AP) — British Prime Minister Theresa May unveiled details Monday of a plan to boost health care funding by 3.4 percent a year, saying a "Brexit dividend" of cost savings would partly pay for the increase.

SAN FRANCISCO (AP) — Apple is trying to drag the U.S.'s antiquated system for handling 911 calls into the 21st century. If it lives up to Apple's promise, the iPhone's next operating system will automatically deliver quicker and more reliable information pinpointing the location of 911 calls to about 6,300 emergency response centers in the U.S.

COPENHAGEN, Denmark (AP) — Norway's transportation minister and the head of the Scandinavian country's airport operator took off Monday for a short flight ...

BERLIN (AP) — Germany will likely miss its goal of cutting emissions by 40 percent by 2020, the country's environment minister said Monday, an embarrassing admission for a government that wants to lead the charge on limiting climate change.

NEW YORK (AP) — The threat of a trade war with Canada has taken a toll on the confidence of U.S. homebuilders, according to index released Monday.

WASHINGTON (AP) — The Supreme Court will consider whether the purchasers of iPhone apps can sue Apple over allegations it has an illegal monopoly on the sale of the apps.

BERLIN (AP) — German authorities on Monday detained the chief executive of Volkswagen's Audi division, Rupert Stadler, as part of a probe into the manipulation of emissions controls.

SINGAPORE (AP) — Global stocks dropped Monday on concerns over trade as the U.S. and China scheduled the start of tariffs on each other's goods, and a row over migrants threatened the German government.

SEOUL, South Korea (AP) — Google said Monday that it will invest $550 million in Alibaba's main rival JD.com as the U.S. tech giant seeks to expand in fast-growing Asian e-commerce markets.

CANBERRA, Australia (AP) — Trade liberalization continues to have global momentum despite recent U.S. tariffs on steel and aluminum imports, the European trade commissioner said Monday as she launched free trade negotiations between the European Union and Australia.

WASHINGTON (AP) — The mayor and congressional delegate may top the ballot in Washington, D.C.'s primary on Tuesday, but the real drama for voters has to do with waiters, waitresses, bartenders and busboys.