Business

FILE - In this June 14, 2018, file photo, Tesla CEO Elon Musk speaks at a news conference in Chicago. Attorneys tell a federal judge that Tesla CEO Elon Musk shouldn't be found in contempt because he didn't violate a securities fraud settlement. The attorneys wrote in documents filed Monday night, March 11, 2019, that a Feb. 19 tweet by Musk merely restated prior disclosures on electric car production volumes. (AP Photo/Kiichiro Sato, File)
March 18, 2019 - 10:59 pm
DETROIT (AP) — U.S. securities regulators countered Tesla CEO Elon Musk's contempt-of-court defense Monday night, writing in court papers that he brazenly disregarded a federal judge's order and that one of his arguments "borders on the ridiculous." Lawyers for the Securities and Exchange...
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FILE- In this March 12, 2019, file photo, trader Michael Milano works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Monday, March 18. (AP Photo/Richard Drew, File)
March 18, 2019 - 10:46 pm
TOKYO (AP) — Asian shares were mixed in muted trading Tuesday as investors awaited the U.S. Federal Reserve meeting later in the week. Japan's benchmark Nikkei 225 lost 0.3 percent to 21,528.23 in early trading. Australia's S&P/ASX 200 edged down 0.1 percent to 6,182.10. South Korea's Kospi...
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FILE - This Jan. 31, 2018 file photo shows a Lyft logo on a Lyft driver's car in Pittsburgh. Lyft officially kicked off the road show for its initial public offering Monday, March 18, 2019, with 30 million shares expected to cost between $62 and $68 per share. That would raise more than $2 billion for the San Francisco ride-hailing company, which could be valued in between $20 billion and $25 billion eventually. Lyft announced earlier this month that it intended to go public and has been in a race with Uber to be first to offer its stock to the public. (AP Photo/Gene J. Puskar, File)
March 18, 2019 - 9:15 pm
NEW YORK (AP) — Lyft officially kicked off the road show for its initial public offering, putting 30 million shares up for sale Monday with an anticipated price of between $62 and $68 per share. That would raise more than $2 billion for the San Francisco ride-hailing company, which could be valued...
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FILE- In a file photo from July 14, 2015, Norwood Jewell, Vice President of the Fiat Chrysler Automobiles US Department, United Auto Workers, during the opening of contract negotiations in Detroit. The former vice president has been charged with conspiracy in a scheme with Fiat Chrysler to buy meals, golf and other perks with money from the automaker. It's the latest development in the government's investigation of how officials at Fiat Chrysler and the UAW enriched themselves by using money set aside for a job-training center. The conspiracy charge against Jewell was filed Monday, March 18, 2019, as a criminal information, which means a guilty plea is likely. (AP Photo/Paul Sancya)
March 18, 2019 - 3:56 pm
DETROIT (AP) — A former vice president at the United Auto Workers was charged Monday in a scheme with Fiat Chrysler executives to buy meals, golf and other perks with the automaker's money — the highest-ranking official snagged in an investigation that has exposed corruption between labor and...
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March 18, 2019 - 3:15 pm
WASHINGTON (AP) — U.S. prosecutors are looking into the development of Boeing's 737 Max jets, a person briefed on the matter revealed Monday, the same day French aviation investigators concluded there were "clear similarities" in the crash of an Ethiopian Airlines Max 8 last week and a Lion Air jet...
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Russian President Vladimir Putin, right, meets with local residents and veterans at the historical memorial the Malakhov Kurgan (Malakoff redoubt) in Sevastopol, Crimea, Monday, March 18, 2019. Putin visited Crimea to mark the fifth anniversary of Russia's annexation of Crimea from Ukraine by visiting the Black Sea peninsula. (Mikhail Klimentyev, Sputnik, Kremlin Pool Photo via AP)
March 18, 2019 - 2:12 pm
MOSCOW (AP) — President Vladimir Putin led thousands to chant "Russia!" on a visit Monday to Crimea marking the fifth anniversary of the Black Sea penisula's annexation from Ukraine, as NATO and the European Union once again strongly condemned the land grab by Russia. Speaking at an outdoor concert...
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FILE - In this file photo dated Thursday, March 22, 2018, John Bercow, Speaker of the House of Commons speaks at Westminster Hall inside the Palace of Westminster in London. Bercow dealt a potentially fatal blow to Prime Minister Theresa May's ailing Brexit deal on Monday, March 18, 2019, saying the government couldn't keep asking lawmakers to vote on the same Brexit deal that lawmakers have already rejected twice. (AP Photo/Alastair Grant, FILE)
March 18, 2019 - 1:38 pm
LONDON (AP) — The speaker of Britain's House of Commons dealt a potentially fatal blow to Prime Minister Theresa May's ailing Brexit deal on Monday, saying the government couldn't keep asking lawmakers to vote on the same deal they have already rejected twice. The government intended to try a third...
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March 18, 2019 - 12:56 pm
MADISON, Wis. (AP) — Foxconn Technology Group said Monday that its manufacturing facility in Wisconsin will be producing flat-screen panels by the end of 2020, with construction starting later this year. The news came after the worldwide electronics manufacturing leader sent mixed signals earlier...
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French President Emmanuel Macron flanked by Elysee general secretary Alexis Kohler, left, holds a meeting at the Elysee presidential Palace, in Paris, Monday, March 18, 2019. Macron summoned top security officials Monday after police failed to contain resurgent rioting during yellow vest protests that transformed a luxurious Paris avenue into a battle scene. (Ludovic Marin/Pool Photo via AP)
March 18, 2019 - 12:25 pm
PARIS (AP) — The Latest on yellow vest protests in France (all times local): 5:20 p.m. France's prime minister has announced a ban on yellow vest protests on Paris' Champs-Elysees avenue and in two other French cities following riots on Saturday that left luxury stores ransacked and charred from...
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FILE- In this Feb. 27, 2019, file photo Federal Reserve Board Chair Jerome Powell gestures while speaking before the House Committee on Financial Services hearing on Capitol Hill in Washington. The message the Federal Reserve is poised to send on Wednesday, March 20, when its latest policy meeting ends this week is a soothing one. It reflects an abrupt shift in tone since the start of the year in the face of a slowdown in the United States and abroad, persistently tame inflation and a nervous stock market. (AP Photo/Pablo Martinez Monsivais, File)
March 18, 2019 - 12:25 pm
WASHINGTON (AP) — Patience. A focus on incoming economic data. And no interest rate hikes likely soon. The message the Federal Reserve is poised to send when its latest policy meeting ends this week is a soothing one. It reflects an abrupt shift in tone since the start of the year in the face of a...
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