Business

FILE - In this Jan. 25, 2018 file photo, an employee of Hyundai Motor Co. waits for customers at the company's showroom in Seoul, South Korea. Hyundai Motor said Thursday, April 26, 2018 its first-quarter profit has plunged to the lowest level in more than eight years as sales dwindled in the United States and China. (AP Photo/Ahn Young-joon, File)
April 26, 2018 - 3:27 am
SEOUL, South Korea (AP) — Hyundai Motor said Thursday that its first-quarter profit plunged to its lowest level in more than eight years as sales dwindled in the United States and China. South Korea's largest automaker said its January-March earnings sank a larger-than-expected 48 percent to 731.6...
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FILE- This Feb. 15, 2018, file photo shows a wheel on a Ford Expedition 4x4 on display at the Pittsburgh Auto Show. Ford Motor Co. reports earnings Wednesday, April 25, 2018. (AP Photo/Gene J. Puskar, File)
April 26, 2018 - 2:44 am
DEARBORN, Mich. (AP) — Ford Motor Co. said Wednesday it will shed most of its North American car lineup as part of broad plan to save money and make the company more competitive in a fast-changing marketplace. The changes include getting rid of all cars in the region during the next four years...
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Tom Cruise, star of the upcoming film "Mission: Impossible - Fallout," addresses the audience during the Paramount Pictures presentation at CinemaCon 2018, the official convention of the National Association of Theatre Owners, at Caesars Palace on Wednesday, April 25, 2018, in Las Vegas. (Photo by Chris Pizzello/Invision/AP)
April 26, 2018 - 1:00 am
LAS VEGAS (AP) — Paramount Pictures is ready for its comeback story. On Wednesday at the CinemaCon convention in Las Vegas, studio chairman and CEO Jim Gianopulos announced a sequel to the breakthrough thriller "A Quiet Place," two new Star Trek movies and trotted out its biggest star, Tom Cruise,...
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A woman walks past an electronic board showing Hong Kong share index outside a bank in Hong Kong, Thursday, April 26, 2018. Asian stock markets were mixed on Thursday as investors digested the latest quarterly corporate earnings. (AP Photo/Kin Cheung)
April 26, 2018 - 12:50 am
HONG KONG (AP) — Asian share benchmarks were mixed on Thursday as investors digested the latest quarterly corporate earnings. KEEPING SCORE: Japan's benchmark Nikkei 225 index climbed 0.5 percent to 22,315.79 and South Korea's Kospi jumped 1.3 percent to 2,481.70 after Samsung reported better than...
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FILE - In this April 6, 2018 file photo, An employee walks past logos of the Samsung Electronics Co. at its office in Seoul, South Korea. Samsung Electronics said Thursday, April 26, 2018 its first-quarter earnings jumped 52 percent over a year earlier thanks to its mainstay memory chips that posted another record-high quarterly profit. (AP Photo/Ahn Young-joon, File)
April 25, 2018 - 9:45 pm
SEOUL, South Korea (AP) — Samsung Electronics Co. reported Thursday better-than-expected quarterly financial results as global data centers continued to fuel robust demand for its mainstay memory chips that posted another record-high quarterly profit. The South Korean tech giant said it recorded 11...
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FILE - In this Oct. 25, 2011 file photo, a Conoco sign shines in Dallas. The Houston-based company said on Wednesday, April 25, 2018, that it won a $2 billion arbitration award against Venezuela's state oil company over the seizure a decade ago of investments in two projects in the OPEC nation. (AP Photo/LM Otero, File)
April 25, 2018 - 8:43 pm
CARACAS, Venezuela (AP) — ConocoPhillips said Wednesday that it won a $2 billion arbitration award against Venezuela's state oil company, compounding the financial woes of the socialist-run nation as it struggles to feed its population. The award represents the equivalent of more than 20 percent of...
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FILE - This Jan. 24, 2012, file photo shows a plate of butternut Caesar salad with Romaine lettuce and roasted cubes of butternut squash. U.S. health officials say the E. coli outbreak linked to tainted romaine lettuce has grown and sickened 84 people from 19 states. The U.S. Centers for Disease Control said Wednesday, April 25, 2018, that at least another 31 cases are believed to be tied to romaine lettuce grown in Yuma, Arizona. (AP Photo/Matthew Mead, File)
April 25, 2018 - 8:13 pm
PHOENIX (AP) — The E. coli outbreak linked to tainted romaine lettuce has grown and sickened 84 people from 19 states, U.S. health officials said Wednesday. At least another 31 cases are believed to be tied to romaine lettuce grown in Yuma, Arizona, the U.S. Centers for Disease Control said. Those...
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FILE – This Tuesday, Dec. 24, 2013, file photo shows a 1981 DeLorean DMC-12 sports car decorated to resemble the vehicles used to portray a time machine in the "Back to the Future" movie franchise, shown in a display about the movies at the Miami Auto Museum at the Dezer Collection in North Miami, Fla. Sally DeLorean, the widow of maverick automaker John DeLorean, filed a federal lawsuit in New Jersey on Monday, April 23, 2018, alleging the DeLorean Motor Company in Humble, Texas – not affiliated with the automaker founded by John DeLorean that went bankrupt in 1982 – isn't entitled to money that the lawsuit says the Texas company received from Universal Pictures, the studio that distributed and helped produce the movies. (AP Photo/Lynne Sladky, File)
April 25, 2018 - 6:54 pm
NEWARK, N.J. (AP) — The widow of maverick automaker John DeLorean has alleged in a lawsuit that a Texas company illegally received money from the "Back to the Future" movies that used his iconic car. The sleek, angular car with gull-wing doors known simply as "the DeLorean," was featured in the...
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April 25, 2018 - 6:39 pm
LAS VEGAS (AP) — The Caesars Entertainment Corp. casino company says it plans to build a beachfront non-casino hotel in the Mexican city of Puerto Los Cabos. Company president and chief executive Mark Frissora announced Wednesday that the $200 million Caesars Palace resort will be the company's...
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FILE- In this April 23, 2018, file photo, the logo for Visa appears above a trading post on the floor of the New York Stock Exchange. Visa Inc. reports earnings Wednesday, April 25. (AP Photo/Richard Drew, File)
April 25, 2018 - 5:37 pm
NEW YORK (AP) — Payment processing giant Visa on Wednesday reported a sharp jump in its fiscal second-quarter profits from a year earlier on Wednesday, as more shoppers spent money on Visa's network across all its major markets. The San Francisco-based company said it earned $2.61 billion in the...
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