Hackers steal millions of Bulgarians' data; Russian tie seen
SOFIA, Bulgaria (AP) — Bulgarian officials said Tuesday that unidentified hackers have stolen the personal details of millions of people from Bulgaria's national revenue agency and noted a possible Russian link in the case.
Facebook's new currency plan is under scrutiny in Congress
WASHINGTON (AP) — Facebook's ambitious plan to create a financial eco-system based on a digital currency faces questions from lawmakers, as it's shadowed by negative comments from President Donald Trump, his treasury secretary and the head of the Federal Reserve.
US industrial production unchanged in June
WASHINGTON (AP) — U.S. industrial production was flat in June, as a slump in utilities was offset by gains in output by factories and mining.
Wells Fargo 2Q earnings beat estimates
SAN FRANCISCO (AP) — Consumer banking giant Wells Fargo reported better-than-expected earnings for the second quarter on Tuesday, despite remaining under heavy restrictions by regulators for an assortment of scandals in recent years.
US retail sales rise 0.4% in June in sign of consumer health
WASHINGTON (AP) — U.S. retail sales rose at a solid pace last month, providing crucial support to the economy at a time when other drivers of growth have faded.
Johnson, Hunt raise Brexit stakes with Irish border views
LONDON (AP) — The two contenders to become Britain's next prime minister raised the Brexit stakes by saying they will discard a contentious part of the European Union divorce deal agreed by outgoing leader Theresa May.
Global shares edge up on upbeat US earnings reports
TOKYO (AP) — Global stock markets were mostly higher on Tuesday after several major U.S. companies reported quarterly earnings that were better than expected.
Austria: Ukrainian businessman's US extradition on hold
BERLIN (AP) — Austria's justice minister has approved the extradition to the U.S. of Ukrainian businessman Dymitro Firtash, but he can stay in Austria while a court considers a defense motion to reopen the case, authorities said Tuesday.
Former Mitsubishi workers seek assets sale for forced labor
SEOUL, South Korea (AP) — Colonial-era Korean workers want a court to allow the South Korean government to sell assets of their former Japanese employer so they can be compensated for forced labor decades ago.
Man whose family died in Boeing 737 Max crash: Scrap the jet
A man who lost his wife, mother-in-law and three young children in the crash of a 737 Max in Ethiopia says Boeing should scrap the plane and top executives should resign and face criminal charges.
Boeing jet trouble leads to cuts at Europe's busiest airline
LONDON (AP) — Europe's biggest airline, budget carrier Ryanair, will cut flights and close some of its bases beginning this winter because of the delay to deliveries of the Boeing 737 Max plane, which has been grounded globally after two fatal crashes.
Deals, protests during Amazon Prime Day
NEW YORK (AP) — Amazon's Prime Day is coming with a wave of deals — and protests. The company's fifth annual Prime Day now stretches two days, Monday and Tuesday, invented as an effort to try to drum up sales during sluggish summer months and sign up more users for its Prime loyalty program.
Joe Biden draws line against progressives on health care
DES MOINES, Iowa (AP) — Joe Biden is taking an aggressive approach to defending the Affordable Care Act, challenging not just President Donald Trump but also some of his rivals for the Democratic presidential nomination who want to replace the current insurance system with a fully government-run model.
Asian shares mixed in lackluster trading, Nikkei falls 0.6%
TOKYO (AP) — Asian shares were little changed and mixed in quiet trading Tuesday amid a lack of fresh market-moving news as investors looked ahead to earnings season.
Mnuchin says budget deal with Pelosi is 'very close'
WASHINGTON (AP) — It's House Speaker Nancy Pelosi and top Senate Republican Mitch McConnell vs. hardliners in the White House as lawmakers pursue a deal on federal spending and the debt.
US judge slashes $80 million award in Monsanto cancer case
SAN FRANCISCO (AP) — A U.S. judge lowered a jury's damage award from $80 million to $25 million for a California cancer victim who used Monsanto's Roundup weed-killer.
Oklahoma AG calls company 'kingpin' in state's opioid crisis
NORMAN, Okla. (AP) — Consumer products giant Johnson & Johnson was a "kingpin" company that helped fuel the most devastating public health crisis in Oklahoma history, the state attorney general argued Monday during the close of his case against the opioid drug manufacturer.
Treasury chief: Facebook currency plan ripe for illicit use
WASHINGTON (AP) — The Trump administration came out strongly Monday against Facebook's ambitious plan to create a new digital currency, as the Treasury chief warned it could be used for illicit activity such as money laundering, human trafficking and financing terrorism.
Trump signs order to make American-made goods more American
WASHINGTON (AP) — President Donald Trump signed an executive order Monday that will require federal agencies to purchase products using more American components.
China's growth cools further as tariff war pressures mount
BEIJING (AP) — China's economic growth sank to its lowest level in at least 26 years in the quarter ending in June, adding to pressure on Chinese leaders as they fight a tariff war with Washington.
After years of plenty, auto workers want a bigger slice
DEARBORN, Mich. (AP) — Contract talks between the United Auto Workers and Detroit's three automakers kicked off with the union president departing from the traditionally friendly tone by telling Ford executives that workers want a bigger share of the companies' record profits.
Trade wars cool market for small businesses
NEW YORK (AP) — The market for small businesses cooled for the third straight quarter during the spring as tariffs from the trade war with China made some sellers and buyers uneasy about making a deal.
Stocks edge lower as bank losses offset technology gains
NEW YORK (AP) — Stocks edged lower in early trading Monday on Wall Street as a decline in banks offset solid gains in technology companies.
Activists block UK roads in new climate-change protests
LONDON (AP) — Environmental protesters have blocked roads in London and four other British cities in a new wave of demonstrations demanding faster action against climate change.
Citigroup profits rise 7%, helped by higher interest rates
NEW YORK (AP) — Banking conglomerate Citigroup said its second quarter profits rose by 7% from a year ago, helped by higher interest rates, a lower tax rate and a strong economy.