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Markets Right Now: Stocks open higher on Wall Street

Mar. 26, 2019 9:42 AM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 9:35 a.m. Stocks are opening broadly higher on Wall Street as technology companies and banks notch solid gains. Apple climbed 1 percent early Tuesday a day after announcing a suite of new services to run on its devices....

Uber acquires Mideast competitor Careem for $3.1 billion

Mar. 26, 2019 7:05 AM EDT

DUBAI, United Arab Emirates (AP) — Ride-hailing service Uber announced on Tuesday it has acquired Mideast competitor Careem for $3.1 billion, giving the San Francisco-based firm the commanding edge in a region with a large, young, tech-savvy population. Uber said the purchase consists of $1.7 billion in...

10 Things to Know for Today

Mar. 26, 2019 6:29 AM EDT

Your daily look at late-breaking news, upcoming events and the stories that will be talked about today: 1. HOUSE VOTE TO STOP TRUMP'S BORDER PLAN UNLIKELY TO SUCCEED The vote to override the president's first veto seems certain to fail, which means his declaration of a national emergency at the Mexican border...

Global stocks rebound after slide on growth worries

Mar. 26, 2019 6:11 AM EDT

BEIJING (AP) — Global stock prices rebounded Tuesday a slide on worries about U.S. and European economic growth. In early trading, London's FTSE 100 rose 0.1 percent to 7,187.13 and France's CAC 40 added 0.1 percent to 5,268.04. Germany's DAX was unchanged at 11,335.24. In Asia, Tokyo's Nikkei 225 gained...

The good, bad and the unknown of Apple's new services

Mar. 26, 2019 3:31 AM EDT

SAN FRANCISCO (AP) — It took a while, but finally — and with the carefully curated help of Oprah, Big Bird and Goldman Sachs — Apple has at last unveiled a new streaming TV service, its own branded credit card and a news subscription product. The moves have been largely expected and so far...

Apple's news subscription service a mixed bag for publishers

Mar. 26, 2019 3:07 AM EDT

NEW YORK (AP) — On Monday, Apple launched what some have called a "Netflix for news" — a $10-a-month subscription service that offers access to hundreds of magazines and a handful of newspapers. But most major U.S. news publishers aren't participating. For Apple, pushing into services could help...

Asian stocks rebound after slide on growth worries

Mar. 26, 2019 12:58 AM EDT

BEIJING (AP) — Asian stock prices rebounded Tuesday after global markets slid on worries about U.S. and European economic growth. Tokyo's Nikkei 225 index rose 1.8 percent to 21,362.60 and Hong Kong's Hang Seng gained 0.5 percent to 28,663.04. The Shanghai Composite Index was unchanged at 3,043.02 and...

Apple belatedly jumps into the streaming TV business

Mar. 25, 2019 7:28 PM EDT

CUPERTINO, California (AP) — Jumping belatedly into a business dominated by Netflix and Amazon, Apple announced its own TV and movie streaming service Monday, enlisting such superstars as Oprah Winfrey, Jennifer Aniston and Steven Spielberg to try to overcome its rivals' head start. Apple didn't disclose...

Apple highlights privacy in new services in jab at rivals

Mar. 25, 2019 6:19 PM EDT

SAN FRANCISCO (AP) — Apple says its services respect your digital boundaries — and it wants you to know it. The company took several opportunities Monday to emphasize user privacy — and indirectly take a jab at rivals — at its splashy, celebrity-laden event in Cupertino, California....

Oprah, Spielberg help Apple launch new streaming service

Mar. 25, 2019 5:48 PM EDT

NEW YORK (AP) — Apple trotted out few details on its long-awaiting streaming service on Monday, but it didn't skimp on high-wattage celebrity. Oprah Winfrey, Steven Spielberg and Jennifer Aniston were part of a parade of A-listers who took the stage at Apple headquarters in Cupertino, California, where the...