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FILE - This Tuesday, March 12, 2019 file photo shows the iconic Tommy Trojan statue at the University of Southern California in Los Angeles. University of Southern California officials have canceled a commencement speech by its 2024 valedictorian, a pro-Palestinian Muslim, citing “substantial risks relating to security and disruption” of the event that draws 65,000 people to campus. (AP Photo/Reed Saxon, File)
Citing safety, USC cancels speech by valedictorian who has publicly supported Palestinians
The University of Southern California has canceled a commencement speech by its 2024 valedictorian, a Muslim student who has expressed support for Palestinians, citing substantial security risks for … more
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FILE - A airline agents helps a travelers in the departures area of Terminal B at LaGuardia Airport, Tuesday, June 27, 2023, in New York. The U.S. The U.S. Department of Transportation said Tuesday, April 16, 2024, that it will give the states power to investigate complaints about airlines and ticket sellers, and then refer cases to the federal government for enforcement. (AP Photo/Mary Altaffer, File)
The Biden administration recruits 15 states to help enforce airline consumer laws
The Biden administration is enlisting officials in 15 states to help enforce consumer-protection laws covering air travel. The U.S. Department of Transportation said Tuesday that it will give the … more
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FILE - A Dr Martens boot inspired by Elton John's famous Pinball Wizard outfit is shown at a promotional event in London, March 20, 2023. Dr. Martens shares plunged more than 30% Tuesday, April 16, 2024 after the trendy British brand forecast that wholesale revenue in the U.S., its largest market, would decline by double-digits compared to that seen a year ago. (AP Photo/Kin Cheung, File)
Dr. Martens dour US revenue outlook for the year sends stock of iconic bootmaker plunging
Chunky bootmaker Dr. Martens is warning of a tough year ahead. Dr. Martens shares plunged more than 30% Tuesday after the trendy British brand forecast that wholesale revenue in the U.S., its largest … more
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FILE - The Microsoft logo is pictured outside the headquarters in Paris, on Jan. 8, 2021. Microsoft will stop packaging its Teams videoconferencing app with its Office software after the practice attracted antitrust scrutiny. The tech giant said Monday, April 1, 2024, that customers buying Office subscriptions starting this week won't get Teams bundled with the service. Microsoft will start selling the two products separately around the world, following a move last year to separate the products in Europe. (AP Photo/Thibault Camus, File)
Microsoft invests $1.5 billion in AI firm G42, overseen by UAE's national security adviser
REDMOND, Wash. (AP) — Microsoft is investing $1.5 billion in a technology firm based in the United Arab Emirates and overseen by the country’s powerful national security adviser. Microsoft … more
U.S. Treasury Secretary Janet Yellen attends a press conference in Beijing, China, Monday, April 8, 2024. Ever since she ate mushrooms that can have psychedelic effects in Beijing last July, Americans and Chinese have been united in their interest in what Janet Yellen will eat next. (AP Photo/Tatan Syuflana)
Yellen says Iran's actions could cause global 'economic spillovers' and warns of more sanctions
Treasury Secretary Janet Yellen is warning of potential global “economic spillovers” from rising tensions in the Middle East. She's also pledging that the U.S. and its allies won’t hesitate to … more
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FILE - This May 18, 2021, photo shows a woman typing on a laptop on a train in New Jersey. Record numbers of people are starting new businesses, and more and more of them are women and minorities, according to a new study. (AP Photo/Jenny Kane, File)
Business boom: Record numbers of people are starting up new small businesses
NEW YORK (AP) — Record numbers of people are starting new businesses, and more and more of them are women and minorities, according to a new study. New business applications jumped in 2020 as … more
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FILE - Philip Jefferson, then-nominee to be a member of the Federal Reserve Board of Governors, listens during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on Feb. 3, 2022, in Washington. Jefferson, now Federal Reserve Vice Chair, suggested Tuesday, April 16, 2024, that the central bank's key rate may have to remain at its peak for a while to bring down persistently elevated inflation. (Ken Cedeno/Pool via AP, File)
A top Federal Reserve official opens door to keeping rates high for longer
WASHINGTON (AP) — Federal Reserve Vice Chair Philip Jefferson suggested Tuesday that the central bank's key rate may have to remain at its peak for a while to bring down persistently elevated … more
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FILE - Wind turbines operate at an energy plant near Stetten, north of Kaiserslautern, Germany, as the sun rises on, March 19, 2024. According to a new report published Tuesday, April 16, 2024, last year, marked the best year for new wind projects. (AP Photo/Michael Probst, File)
2023 was a record year for wind installations as world ramps up clean energy, report says
The world installed 117 gigawatts of new wind power capacity in 2023, a 50% increase from the year before, making it the best year for new wind projects on record, according to a new report by the … more
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FILE - Pages from the United Healthcare website are displayed on a computer screen, Feb. 29, 2024, in New York. UnitedHealth Group trounced first-quarter expectations even as costs from a cyberattack to its Change Healthcare business ate into its performance. The health care giant also Tuesday, April 16, that care patterns in the year’s first quarter met its expectations after soaring medical costs at the end of last year surprised Wall Street. (AP Photo/Patrick Sison, File)
Cyberattack costs hit UnitedHealth in 1Q that still turns out better than expected
UnitedHealth Group trounced first-quarter expectations even as costs from a cyberattack to its Change Healthcare business ate into the company’s performance. The health care giant also Tuesday … more
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FILE - People pose for a photograph next to an International Monetary Fund banner, during the World Bank/IMF spring meetings at IMF headquarters in Washington, April 11, 2023. The International Monetary Fund has upgraded its outlook for the global economy in 2024, saying the world appears headed for a "soft landing" — reining in inflation without much economic pain and producing steady if modest growth. (AP Photo/Jose Luis Magana, File)
IMF: Outlook for world economy is brighter, though still modest by historical standards
WASHINGTON (AP) — The International Monetary Fund has upgraded its outlook for the global economy this year, saying the world appears headed for a “soft landing” — reining in inflation … more
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FILE - This Tuesday, Jan. 14, 2014, file photo shows a Bank of America sign in Philadelphia. Bank of America said, Tuesday, April 16, 2024, its first-quarter profits fell 18%, as the bank dealt with higher expenses due to the impact of higher interest rates. (AP Photo/Matt Rourke, File)
Bank of America's 1Q profits fall 18% on higher expenses, charge-offs
NEW YORK (AP) — Bank of America said its first-quarter profits fell 18%, as the bank dealt with rising expenses due to the impact of higher interest rates. But the results beat analysts' estimates. … more
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Apple CEO Tim Cook, left, shakes hands with Vietnamese Prime Minister Pham Minh Chinh in Hanoi, Vietnam on Tuesday, April 16, 2024. The tech giant CEO is on a visit to Vietnam to promote cooperation and boost investment in the Southeast Asian nation. (Duong Van Giang/VNA via AP)
Apple CEO says that he wants to increase investments in Vietnam
HANOI, Vietnam (AP) — Apple CEO Tim Cook said Tuesday that he wants to further increase investment in Vietnam a day after the company announced it would spending on suppliers in the Southeast Asian … more
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