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EU says US stand on patent virus waiver is no 'magic bullet'

PORTO, Portugal (AP) — European Union leaders cranked up their criticism of the U.S. call to waive COVID-19 vaccine patents Saturday, arguing the move would bring no short or midterm relief. They inst...

Taiwan military to sell old radars after F-16 retrofit

TAIPEI (Taiwan News) — The Taiwan military has announced plans to resell its old F-16 radars, after its fighter fleet got new ones. Taiwan's F-16 fighter jets are getting new AN/APG-83 AE...

Philippine troops drive away armed rebels from public market

COTABATO, Philippines (AP) — Dozens of Muslim militants occupied a public market overnight in the southern Philippines before fleeing after a tense standoff with government forces, officials said Satu...

Online speech shield under fire as Trump Facebook ban stays

WASHINGTON (AP) — Lurking beneath Facebook's decision on whether to continue Donald Trump's suspension from its platform is a far more complex and consequential question: Do the protections carved out...

India’s youths pitch in on social media during COVID crisis, getting life lessons

The collapse of the healthcare system during the latest COVID-19 surge has driven desperate Indians to seek help on social media. As adults struggle to cope with medical shortages, India’s wired...

Man charged in stabbings of 2 Asian women a no-show in court

SAN FRANCISCO (AP) — The arraignment of a man who allegedly stabbed two elder women without warning at a San Francisco bus stop was postponed Friday after he refused to leave his jail cell and appear ...

Borgata drops trade secrets lawsuit against Ocean Casino

ATLANTIC CITY, N.J. (AP) — Atlantic City's top casino has dropped its lawsuit against a rival it accused of poaching key executives and attempting to steal valuable trade secrets. ...

Business Highlights: Job growth slows, stocks post records

___ US job growth slows sharply in sign of hiring struggles WASHINGTON (AP) — The recovery of America’s job market hit a pause last month as many businesses — from ...

How major US stock indexes fared Friday

Stocks are closing at record highs on Wall Street Friday as a stunningly disappointing report on the nation’s job market signaled to investors that interest rates will stay low. The...

EU says patent waiver idea misses point of vaccine shortage

PORTO, Portugal (AP) — European Union leaders said Friday that the most pressing impediments to COVID-19 vaccine supplies are not intellectual property rights but export bans and production capacity i...

Chamber of Commerce seeks end to enhanced US jobless aid

The U.S. Chamber of Commerce is calling for Washington to immediately stop paying out-of-work Americans an extra $300 a week in unemployment benefits, saying the boost in government aid is giving some...

Business events scheduled for the coming week

Business events and economic reports scheduled for the coming week. All times are Eastern. TUESDAY, May 11 WASHINGTON — Labor Department releases ...

BMW confirms 2021 outlook, but sees volatility ahead

BMW remains on course to meet its profit targets for 2021 despite rising raw material costs, the German carmaker said on Friday, having largely steered clear of the semiconductor chip shortage batteri...

Oil prices climb as China, U.S. economic data lift markets

Oil prices recovered after a 1% dip in the previous session on buoyant economic data from China and the United States, even as the surging COVID-19 pandemic in India capped prices. Brent crude futu...

Earnings scheduled for the week of 5/10/2021

Major companies tentatively scheduled to post quarterly earnings next week: THURSDAY, May 13 Airbnb Inc. reports quarterly financial results after the market closes...