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Business

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

Japan Financial Markets

TOKYO (AP) — Shares were mostly lower in Europe and Asia on Wednesday after President Donald Trump raised doubts that a summit with North Korean leader Kim Jong Un planned for June 12 will take place as planned. KEEPING SCORE: France’s CAC 40 dipped in early trading, down 1.2 percent to 5,573.71,...


Business

Vote, take risks, be fearless: Celebs offer advice to grads

Commencement Speeches

Work hard, be true to yourself, embrace diversity and seize the moment. It’s the same advice graduation speakers have offered for ages, yet every year some addresses stand out. Some are powerful. Some are poetic. Some are political. This year, colleges have invited speakers ranging from Hillary...


Government

Drugmakers Blamed For Blocking Generics Have Milked Prices And Cost U.S. Billions

Makers of brand-name drugs called out by the Trump administration for potentially stalling generic competition have hiked their prices by double-digit percentages since 2012 and cost Medicare and Medicaid nearly $12 billion in 2016, a Kaiser Health News analysis has found. As part of President...


Business

German city to ban some diesel cars to combat air pollution

Germany Diesel Cars

BERLIN (AP) — Some diesel cars will be banned in Hamburg to combat air pollution, officials of the northern German city said Wednesday. Parts of two streets in the city will be banned for older models of diesel cars and trucks starting Thursday next week, the German news agency dpa reported. The...


Business

Another drop in UK inflation dims prospect of rate hike soon

LONDON (AP) — Inflation in Britain eased closer to the Bank of England’s target during April, a surprise decline that prompted a sharp fall in the pound as traders reined in expectations of another interest rate hike this year. The Office for National Statistics said Wednesday that consumer prices...


Government

Trump boosts pressure on Justice Department in Russia probe

Trump US South Korea

WASHINGTON (AP) — President Donald Trump is increasing the pressure on the Justice Department, declining to say whether he has confidence in Deputy Attorney General Rod Rosenstein after the White House negotiated rare access to classified documents for Trump’s congressional allies. Asked before a...


Government

US, South Korea work to keep North Korea summit on track

Trump US South Korea

WASHINGTON (AP) — The United States and South Korea are laboring to keep the highly anticipated U.S. summit with North Korea on track, even after President Donald Trump abruptly said “there’s a very substantial chance” it won’t happen as scheduled. South Korean President Moon Jae-in reminded Trump...


Business

Merkel heads to China to talk economy, trade, rule of law

Germany China

BERLIN (AP) — German Chancellor Angela Merkel is heading to China with a business delegation as both Beijing and the European Union are grappling with the United States over trade issues and Washington’s rejection of the Iran nuclear deal. Merkel, who is set to leave Wednesday afternoon, said in...


Government

Insurer Slashes Breast Pump Payments, Stoking Fears Fewer Moms Will Breastfeed

A sharp cut in breast pump payments by the nation’s second-largest health insurer has prompted a strong reaction from breastfeeding advocates, who warn that some new moms will not get the pumps they need and fewer babies will be breastfed. Starting last month, Anthem Inc. slashed the rate it...


World

Migrant remittances a big business in cash-starved Venezuela

Colombia Venezuela Migrant Remittances

BOGOTA, Colombia (AP) — The giant metal pots in the kitchen of a drab Bogota cafeteria are filled with simple dishes like vegetable rice. But Edgary Granadillo’s delicate arrangement of the plates he sets before rushed lunchtime office workers hints at the finer dishes he once served. The former...


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