AP Top Business News at 8:49 a.m. EDT

Shares in British Airways' parent company tumble
LONDON (AP) -- Shares in British Airways' parent company tumbled Tuesday after a catastrophic IT failure stranded thousands of passengers during a long holiday weekend....

US consumer spending, incomes grew solidly in April
WASHINGTON (AP) -- Americans increased their spending in April at the fastest pace in four months, bolstered by a solid gain in incomes. The strong results underscored expectations that the economy is poised to rebound after a lackluster start to the year....

Get ready for busy travel season; airlines could set record
DALLAS (AP) -- If you're planning a big vacation trip this summer, move over. You're going to have lots of company....

Global shares weaker as investors await economic data
SEOUL, South Korea (AP) -- Global stock markets were generally weaker Tuesday as investors stayed on the sidelines before the release of a raft of economic data later this week....

Hearings open in Navalny vs. Usmanov defamation case
MOSCOW (AP) -- A judge in the defamation case between Russian opposition leader Alexei Navalny and multi-billionaire Alisher Usmanov on Tuesday struck down motions to summon Russia's prime minister to testify on his alleged wealth - the key issue in the case....

Discrimination suits proceed against Fox, minus Roger Ailes
NEW YORK (AP) -- The sudden death of Fox News founder Roger Ailes won't slow the march of litigation swirling around the network, legal observers and lawyers involved in the suits said....

As Americans take on more debt, some pockets of concern
NEW YORK (AP) -- After a stint of frugality, Americans have returned to their borrowing ways. But are they getting into the kinds of debt trouble that lead to recessions?...

Taxi strike across Spain to protest Uber, Cabify services
MADRID (AP) -- Taxi drivers across Spain's are striking to protest the increase in cars run by private companies offering cheaper, mobile ride-hailing services....

Mexico says operations resume at key US commercial crossing
MEXICO CITY (AP) -- The Mexican government says it has resumed import operations at one of the busiest commercial crossings on the U.S.-Mexico border, just over a week after it was damaged by winds and rain....

As Melania Trump puts focus on high-end luxury, market grows
MILAN (AP) -- U.S. First Lady Melania Trump opened a window onto the luxury world over the weekend when she wore a $51,000 designer jacket to a lunch on the sidelines of a global summit in Sicily....

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U.S. home prices climbed 5.9 percent in March, strongest pace in nearly three years

US consumer spending, incomes grew solidly in April

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