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Stocks wobble as investors gauge earnings, economy

Apr. 22, 2021 11:57 AM EDT

Stocks wobbled between small gains and losses Thursday as investors continue to focus on company earnings reports and the economic recovery. The S&P 500 was up less than 0.1% as of 11:38 a.m. Eastern. The Dow Jones Industrial Average fell 43 points, or 0.1%, to 34,088...

AT&T shares rise after Q1 results top analyst estimates

Apr. 22, 2021 10:46 AM EDT

Shares of AT&T Inc. rose Thursday after the telecom giant's first-quarter results topped analyst expectations. The company's wireless division, its largest unit, added 595,000 phone customers who pay a monthly bill, up from 163,000 in the same period in 2020. It also...

Publisher pauses release of new Philip Roth biography

Apr. 21, 2021 14:41 PM EDT

NEW YORK (AP) — The publisher of a new, bestselling biography about Philip Roth has temporarily halted the book’s shipping and promotion as its author, Blake Bailey, faces multiple allegations of sexual harassment and abuse. “These allegations are serious. In light...

Meituan raises $10 bln for self-driving cars, drone delivery

Apr. 21, 2021 02:56 AM EDT

HONG KONG (AP) — Chinese food delivery giant Meituan raised nearly $10 billion in a sale of convertible bonds and additional shares and plans to invest those funds in developing and expanding delivery technologies. The Beijing-based firm, China’s largest food delivery...

The Latest: Hawaii eases virus rules for inter-island travel

Apr. 20, 2021 21:34 PM EDT

HONOLULU — Hawaii officials are moving forward with a plan to allow people who have been fully vaccinated against the coronavirus to skip pre-travel testing and quarantine requirements for flights between islands. The rule, for now, is only for people who have received...

Consumer-owned utility advocates plan to oust CMP, Versant

Apr. 20, 2021 17:48 PM EDT

PORTLAND, Maine (AP) — A bipartisan group of Maine legislators have introduced a bill that would allow a consumer-owned nonprofit corporation to take over state utility services from Central Maine Power and Versant Power. Rep. Seth Berry, D-Bowdoinham, said Monday that...

Apple unveils new products, schedules privacy crackdown

Apr. 20, 2021 17:01 PM EDT

SAN RAMON, Calif. (AP) — Apple spruced up its product line at an event Tuesday while slipping in quiet notice of a software update, now due next week, designed to enhance the privacy of iPhone users at the expense of digital advertisers such as Facebook. Timing for the...

Asia Today: Indian opposition leader positive for COVID-19

Apr. 20, 2021 09:47 AM EDT

NEW DELHI (AP) — Rahul Gandhi, an opposition Congress party leader and scion of India’s Nehru-Gandhi family, says he has tested positive for COVID-19 after experiencing mild symptoms. Gandhi, 50, said in a tweet on Tuesday that “All those who’ve been in contact...

Japanese businessmen brighten makeup industry amid pandemic

Apr. 20, 2021 00:18 AM EDT

TOKYO (AP) — The coronavirus pandemic has pushed many businesses in Japan to the edge of financial ruin, but Takumi Tezuka, who owns a makeup and hair salon for men in Tokyo, has seen his customer base expand. Japanese businessmen in their 40s, 50s and 60s who had...

US infrastructure plan spurs talk of Vegas-LA rail service

Apr. 18, 2021 15:57 PM EDT

LAS VEGAS (AP) — Proposed federal infrastructure funding for rail projects has transportation planners taking another look at a Los Angeles-to-Las Vegas passenger route that Amtrak stopped in 1997 and at a high-speed rail line along the congested Interstate 15 corridor to Victorville,...