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AP Top Business News at 3:27 p.m. EDT

Trump signs order aimed at opening Arctic drilling
WASHINGTON (AP) -- Working to dismantle his predecessor's environmental legacy, President Donald Trump signed an executive order on Friday aimed at expanding oil drilling in the Arctic and Atlantic oceans....

Exxon's 1Q profit more than doubles on higher oil prices
IRVING, Texas (AP) -- Exxon more than doubled its profit in the first quarter as rising crude prices magnified the cost cuts made by the company as energy prices tumbled....

Orchard owners look to robots as labor shortage worsens
SPOKANE, Wash. (AP) -- Harvesting Washington state's vast fruit orchards each year requires thousands of farmworkers, and many of them work illegally in the United States....

Court agrees to hold off ruling on carbon restrictions
WASHINGTON (AP) -- In a blow to environmental groups, a federal appeals court agreed on Friday to postpone a ruling on lawsuits that challenge Obama-era limits on carbon emissions....

Facebook gearing up to fight political propaganda
NEW YORK (AP) -- Facebook is acknowledging that governments or other malicious non-state actors are using its social network to influence political sentiment in ways that could affect national elections....

Acosta sworn in as 27th US labor secretary
WASHINGTON (AP) -- Vice President Mike Pence has sworn in Alex Acosta as the nation's new labor secretary, filling out President Donald Trump's Cabinet as he approaches his 100th day in office....

US economy expanded at weakest pace in 3 years
WASHINGTON (AP) -- The U.S. economy turned in the weakest performance in three years in the January-March quarter as consumers sharply slowed their spending. The result fell far short of President Donald Trump's ambitious growth targets and underscores the challenges of accelerating economic expansion....

Congress OKs bill averting Saturday gov't shutdown
WASHINGTON (AP) -- With just hours to spare, Congress easily approved a short-term spending bill Friday that would prevent a partial federal shutdown over the weekend. But on President Donald Trump's 99th day in office, lawmakers were leaving until next week without completing two other measures he's coveted: A Republican health care overhaul and a budget financing government for the entire year....

Appeals court upholds decision to block Anthem bid for Cigna
WASHINGTON (AP) -- A federal appeals court on Friday left in place a decision blocking Blue Cross-Blue Shield insurer Anthem's bid to buy rival Cigna, saying that a bigger company is not better for consumers....

US stock indexes head lower in afternoon trading; oil rising
Phone companies led U.S. stocks modestly lower in late-afternoon trading Friday as investors weighed the latest batch of company earnings and economic news. The government estimated that the U.S. economy expanded in the first quarter at the weakest pace in three years. Energy stocks were up the most as the price of crude oil headed higher....

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US stock indexes head lower in afternoon trading; oil rising

US rig count rises 13 this week to 870; Texas up 11

Recalls this week: child backpack carriers, infant booties

US economy expanded at weakest pace in 3 years

Time board: company not for sale; stock plunges

GM is motoring, profit spikes 34 pct on US truck, SUV sales

US employment costs climbed steadily in first quarter

Exxon Mobil's 1Q profit more than doubles

Royal Bank of Scotland swings to profit in first quarter

Electrolux profits rise as sales grow across all businesses