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FILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington.  Tesla has posted three straight profitable quarters, opened a factory in China and rolled out the Model Y small SUV. Yet ahead of second-quarter results on Wednesday, July 21, analysts are beginning to question whether the run will last.  (AP Photo/Susan Walsh, File)

Tesla's spent a year terrifying, electrifying Wall Street

Jul. 21, 2020 6:23 PM EDT

DETROIT (AP) — Tesla's losses were mounting last summer, massive debt payments were looming, and both Wall Street and federal regulators had run out of patience with the erratic behavior of CEO Elon Musk. One year ago this week, shares plunged 14% after Tesla posted another quarterly loss, this one for...

A currency trader wearing a face mask watches computer monitors near the screens showing the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Friday, July 17, 2020. Asian stock markets rebounded Friday after Wall Street closed lower amid uncertainty about the U.S. economic outlook. (AP Photo/Lee Jin-man)

Asian stock prices rebound after Wall Street slips

Jul. 16, 2020 11:36 PM EDT

BEIJING (AP) — Asian stock markets were mostly higher Friday after Wall Street closed lower amid uncertainty about the U.S. economic outlook. Benchmarks in Shanghai, Hong Kong and Seoul advanced a day after retreating on weak Chinese retail spending data. Tokyo and Sydney were little-changed. Overnight,...

A currency trader gestures at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, July 9, 2020. Asian stock markets followed Wall Street higher on Thursday following gains for major U.S. tech stocks. (AP Photo/Ahn Young-joon)

Asian stocks follow Wall Street higher after tech gains

Jul. 8, 2020 11:09 PM EDT

BEIJING (AP) — Asian stock markets followed Wall Street higher on Thursday following gains for major U.S. tech stocks. Benchmarks in Shanghai, Tokyo, Hong Kong and Australia rose. U.S. stocks have recovered most of this year’s losses, helping to push up global prices, despite rising numbers of...

FILE - In this Dec. 13, 2017, file photo, Juan Angel Napout, of Paraguay, arrives to federal court in the Brooklyn borough of New York. The criminal convictions of former soccer officials Juan Ángel Napout and José Maria Marin have been upheld in a 3-0 decision by a U.S. federal appeals court. “Napout and Marin argue principally that their convictions rest upon impermissible extraterritorial applications of the honest services wire fraud statute,” the panel wrote in a decision announced Monday, June 22, 2020. (AP Photo/Seth Wenig, File)

Convictions of FIFA officials upheld by US appeals court

Jun. 22, 2020 4:07 PM EDT

NEW YORK (AP) — The criminal convictions of former soccer officials Juan Ángel Napout and José Maria Marin were upheld Monday in a 3-0 decision by the 2nd U.S. Circuit Court of Appeals. The pair were among the group arrested in 2015 at FIFA meetings in Zurich. U.S. prosecutors alleged bribes were...

Sales assistants wear protective equipment at the Selfridges department store in London, Monday, June 15, 2020. After three months of being closed under coronavirus restrictions, shops selling fashion, toys and other non-essential goods are being allowed to reopen across England for the first time since the country went into lockdown in March.(AP Photo/Matt Dunham)

From Paris to Bangkok, restaurants welcome diners again

Jun. 15, 2020 12:55 PM EDT

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Monday related to the national and global response, the work place and the spread of the virus. ________________________ RATATOUILLE & RICE CONGEE: Bars and restaurants are moving...